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Zambian Government Ready to Rescue Beleaguered Zambian Airways
The Zambian government on Monday said that it was ready to come to the rescue of the beleaguered Zambian Airways which suspended its operations over the weekend. However, the government has been criticized by various stakeholders, especially those in...
As the U.S. Economy Falters Local Currencies Gain Acceptance – Political Opinion
As the economy falters and the dollar continues its prolonged weakness in international currency exchange many local communities in the U.S. are turning to an unconventional – yet totally legal – mechanism: local currency.Great American Sell Off Continues – Political Opinion
The Great American Sell Off continues. In the week ending Sunday, there were 33 foreign acquisitions of North American companies, totaling $4.8 billion.Zimbabwe Businesses Seeking Fuel As an Alternative to Cash Payments
With inflation officially pegged at more than 230,000,000% and cash not readily available in banks, the people of this once prosperous southern African country have learned the hard way — that holding onto to real assets is a better way of preserving...Zimbabwe’s State Publisher Demanding U.S. Dollars for Subscriptions
Zimbabwe’s largest newspaper group has indefinitely suspended subscriptions in the Zimbabwe dollar and now requires payments in the more stable U.S. dollar in yet another sign of Harare’s deteriorating economic crisis, APA learned Monday.Zimbabweans Resort to Barter Trade As Inflation Bites
Zimbabwean companies are resorting to bartering to escape the effects of a free-falling currency and rising inflation, state radio reported on Monday. Innovation and pragmatism appear to be carrying the day for crisis-weary firms as they constantly seek...The Daily Tribulations of the Average Zimbabwean Consumer
For the average crisis-weary Zimbabwean, each second that passes on the clock could well be the difference between winning the lottery and dying a pauper. With inflation pegged at 2.2 million percent and rising, every second counts for Zimbabweans whose...
