Zimbabwe: 2007 till Mugabe resigns
ICG, 5 Mar 07: Zimbabwe: An End to the Stalemate?
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...The long political stalemate in Zimbabwe appears to be breaking at last. ZANU-PF moderates are jockeying to nominate a Mugabe successor to take office in 2008. Sanctions and general economic problems are building the domestic constituency for change. The MDC and civil society are rallying around economic and governance issues to unite opposition activists and plan larger non-violent resistance activities aimed at producing free and fair elections under a new constitution. Western pressure, particularly targeted sanctions and diplomatic isolation, is making a contribution. SADC leaders have an opportunity to talk to Mugabe now about a retirement package to be implemented not later than when his term expires in 2008 – and at last get him to listen....
Mugabe: 'Little fellows' like Bush, Blair don't scare me
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Mugabe: 'Little fellows' like Bush, Blair don't scare me
HARARE, Zimbabwe (Reuters) -- Zimbabwean President Robert Mugabe vowed on Friday to survive any Western attempt to dislodge him from power.
Mugabe said Britain and the United States would never overcome the support he enjoys in his ruling ZANU-PF party, which led the former Rhodesia to black majority rule in 1980.
"Nothing frightens me, not even little fellows like Bush and Blair. I have seen it all, I don't fear any suffering or a struggle of any kind," Mugabe, 83, said to cheers from ZANU-PF supporters at a meeting in Harare.
"I make a stand and stand on principle here where I was born, here where I grew up, here where I fought and here where I shall die," Mugabe said, accusing the West of sponsoring the opposition Movement for Democratic Change (MDC) to overthrow his government.
Theater of the absurd in Zimbabwe is apparently in high gear...
Zimbabwe Limbo: How Low Can U Go?
Just some tidbits on Zimbabwe, once a breathtakingly beautiful country, and now another on the long list of African failed or failing states:
Grasping what 24,000 percent inflation rate means is difficult:
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Zimbabwe's disposable currency
Once one of the most prosperous countries in Africa, Zimbabwe seems to be nearing economic collapse.
By Sheridan Prasso, Fortune contributing editor
August 6 2007: 11:56 AM EDT
(Fortune Magazine) -- What does it feel like to hold a few million dollars in your hands? If you're in Zimbabwe, like this worker, and your wages are in Zimbabwean dollars, not very good. With hyperinflation running at 4,500 percent on an annual basis, all his cash is worth less than $100.
Once one of the most prosperous countries in Africa, Zimbabwe seems to be nearing economic collapse. Unemployment is estimated at 80 percent. Electricity has been rationed to just four hours a day. A loaf of bread costs 44,000 Zimbabwean dollars, about 18 cents at black-market exchange rates - or $176 at the official rate.
Stan and I witnessed this sort of thing in Zaire/Congo. Stan had the greater exposure to the decline of Zaire from 1984 to 1994. But for the average Westerner it is difficult to understand just how unhinged everything becomes. Money is for all rationale purposes worthless--yet folks are out there scrambling to make enough for that loaf of bread. Meanwhile the real economy goes under ground using goods, services, and often foreign currency to get by. Diamonds and gold were the hidden currency in Zaire in the mid-90s; I doubt that has changed much. I do not know what serves as the hidden currency in Zimbabwe.
Tom
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The Price of Burgers these days ?
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Originally Posted by
SWCAdmin
Every once in a while, when I contemplate the price of cars these days...
Then I think of Zaire and it puts it back in perspective...
Bill, I had no idea you visited our tiny community. I'd assume you were not a DIA visitor, or, I was once again out of town.
With your nostalgic post, here's some pics to reminisce :D