................ eventually this will spill over the borders and they will have to do something
Well Russia and China has kicked all the agreement out of the UN window, So what next, do you think that the west should once again step in and sort out this mess while China and Russia sit on the side lines causing even more trouble. I still think that Africa should sort it out, he is there hero and in their eyes he can do wrong. Eventually this will spill over the borders and they will have to do some thing. I am sorry for the ordinary Zimbabweans but if they can fight for independance surely they can fight to get rid of a dictator
As far as Russia and China goes their actions are just plain bizarre but its just another reason the UN should dispose of the veto system.
Zim inflation a runaway train
16/07/2008 14:07 - (SA)
EU may provide Zim lifeline
Zim dollar hits new record low
Still no hope for Zim's economy
Harare - The annual rate of inflation in Zimbabwe, already the highest in the world, has hit a new high of 2.2 million percent, the central bank's governor revealed on Wednesday.
"Statistics provided by the CSO (central statistical office) indicate that it is now at 2.2 (million percent)," Gideon Gono said in a brief address in Harare ahead of a speech by veteran President Robert Mugabe.
The figure is the first from the authorities in Zimbabwe since the announcement of the rate for February, when it was put at around 165 000%.
The head of the CSO, Moffat Nyoni, confirmed the figure but said it was only a rough barometer as it was based on limited data.
"We can confirm that is the figure we have given to... users, but that is not the sort of data we would normally publish with confidence because it was not based on the sort of information we would normally use," Nyoni said.
"The information was based on fewer observations than we would be confident with due to scarcities.
"However, with the information we have managed to obtain, this is the rate of inflation." - SAPA
The end is near :bang::bang:Economists say that Zimbabwe's economy is heading for a crash, as inflation soars to new heights. Gono said Wednesday inflation was now at 2.2 million percent, although analysts estimate it at ten times that - and the Zimbabwe dollar is plunging to new lows.
$Zim70bn for US$1 A single US dollar bill was trading on Wednesday at Zim$70bn, down (from the Zimbabwe perspective), from Zim$45bn late last week.
I don't think it is the veto that presents the problem within the security council. The problem is the UN itself - what it has become. This has concerned me for some time, as I have often posted on these boards.
http://www.dailymail.co.uk/news/article-1034757/We-expect-justice-UN--club-tyranny-corruption.html
Africa is outside of NATO's TAOR.
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