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Showing posts with label Zimbabwe. Show all posts
Showing posts with label Zimbabwe. Show all posts

Wednesday, April 28, 2010

Zimbabwe Denies Uranium Deal With Iran


A report by the UK-based Daily Telegraph claimed on Saturday that a deal had been reached between the two countries under which Iran would be allowed to mine potential uranium deposits in Zimbabwe to provide fuel for its nuclear reactors and in exchange Zimbabwe would get oil from Iran. The report said that the agreement was sealed secretly last month during a visit to Tehran by a close aide to Zimbabwe’s President Robert Mugabe.

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Comment by Mike Rivero

This is a replay of the infamous and equally mythical deal claimed between Iraq and Niger over "Yellow cake" processed uranium. That claim, which resulted in President Bush's notorious "16 words" in the 2003 State of the Union speech in which he claimed Iraq was acquiring processed uranium from Niger, was based on documents which the IAEA declared to be obvious forgeries.


Clearly the Daily Telegraph hopes you are either too stupid or too forgetful to realize this trick has been played on you before.

Tuesday, March 02, 2010

A Quick Tour of Hyperinflation and the Possible Consequences for America


"How bad was Germany's inflation?" I asked.

"The German mark started losing value so fast that people were getting paid two and three times a day and they'd leave work each time so they could spend it before it lost even more value. They'd buy anything: Food, hard goods, knickknacks, who cared? If you didn't spend it right away, it was going to be worth a lot less in just a few hours. It got so bad that people not only spent their money as fast as they could, they often didn't bother taking their change."

"You're kidding," I said.

"You know how stores today have those little penny trays on the counter near the cash registers? ‘Take one; leave one?' You buy something for a dollar ninety-nine and give the clerk a two dollars. He gives you one penny change and you drop it in the tray because a penny is close to worthless, nowadays. Suppose in a hyperinflationary period the price of a loaf of bread goes up to $19,900, something not at all inconceivable, and you've given the clerk two $10,000 bills. He gives you back a hundred dollar bill. That hundred dollar bill now has the purchasing power the penny used to have. It's easy to leave it on the counter and leave, especially because in a few hours it'll be worth even less".'

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Wednesday, May 06, 2009

ZANU PF Ministers Knew About Tsvangirai Accident the Day Before it Happened

In a shocking revelation that might threaten the fragile power sharing deal between ZANU PF and the MDC,it has emerged that at least three ZANU PF ministers knew about the accident which injured Prime Minister Morgan Tsvangirai and killed his wife Susan ,according to a report that was submitted to the MDC.

The details are contained in a 50 page investigation report that was carried out by a private investigation company and summited to the MDC two weeks after the accident,but the MDC has kept a tight lid on it and some members of the National Executive have not even seen it.

According to the report Defence Minister, Emmerson Mnagagwa,Transportation Minister, Nicolas Goche and Justice Minister,Patrick Chinamasa likely knew about the accident a few days before it happened.

The report also questions if President Mugabe knew about the accident beforehand as his travel arrangements to visit Avenues Hospital started being made in the morning of the day the accident occurred. Hospital Staff reportedly witnessed security agents and Mugabe’s security detail being dispatched to man the hospital in the morning.

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Saturday, April 25, 2009

Zimbabwe Admits Raiding Private Bank Accounts

Zimbabwe's central bank governor admitted Monday that he took hard currency from the bank accounts of private businesses and foreign aid groups without permission, saying he was trying to keep his country's cash-strapped ministries running.

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Monday, April 13, 2009

Britain Has Bloody Hands in Zimbabwe

We should not be surprised, for British indifference to the plight of the Africans in Southern Rhodesia, and later Zimbabwe, goes back more than a century. Cecil Rhodes's company stole land and cattle from them without compensation – actions later sanctioned by the British government. In the 1950s, Britain set up the Central African Federation, including Northern Rhodesia (Zambia) and Nyasaland (Malawi), and allowed it to rule on a racist agenda ("the partnership of the rider and the horse", to quote its prime minister, Sir Roy Welensky).

We did nothing to prevent Ian Smith declaring unilateral independence in 1965, when we had the power to do so – I was there at the time and wrote a report, which I later heard had gone to a cabinet committee chaired by the Foreign Secretary, showing how we could end the rebellion.

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Sunday, March 08, 2009

Fatal Tsvangirai crash 'was not accident', says MDC

Movement for Democratic Change leaders in South Africa said they suspected the head on collision with a lorry which left prime minister Mr Tsvangirai injured and his wife Susan dead was not a genuine accident.
Rumours that the fatal incident was a botched assassination attempt spread quickly in the country which has a history of political killings.

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Saturday, March 07, 2009

Zimbabwe PM's Wife Dies in Crash

The wife of Zimbabwe's Prime Minister Morgan Tsvangirai has been killed in a car crash in which he was also slightly hurt, party officials say.
Susan Tsvangirai was travelling with her husband south of Harare when their vehicle was in collision with a lorry.

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Tuesday, February 24, 2009

Zimbabwe: Robert Mugabe's Secret Plan Against White Farmers

The Commercial Farmers' Union estimates that at least 100 farmers have been targeted for eviction and invasion in the last two weeks.
They appear to be the first victims of a secret plan drawn up by Mr Mugabe's allies to ensure that "everything in their power" is done to remove the white farming community from their land.

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Sunday, February 01, 2009

Zimbabwe's Children Become Refugees

They bear the look of street urchins, their eyes on the prowl for useful scraps of garbage and their bodies covered in clothes no cleaner than a mechanic's rags.

With their nation in a prolonged sequence of crises, more unaccompanied children and women than ever are joining the rush of desperate Zimbabweans illegally crossing the frontier at the Limpopo River, according to the police, local officials and aid workers.

For those in the know, crossing the border can be a simple chore, a bribe paid on one side and a second bribe on the other. But for the uninitiated and the destitute, the journey is as uncertain as the undercurrents of the Limpopo and the appetites of the crocodiles.

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Monday, January 05, 2009

Zimbabwe: Now Mugabe Imprisons 2 Year Olds - Toddler Beaten In Prison

Horror stories are emerging from Chikurubi Maximum Security prison in Zimbabwe where at least 16 human rights activists are being held.In a shocking revelation, activists report the youngest prisoner, Nigel Mupfuranhehwe, a two-year-old - who was abducted with his parents Violet Mupfuranhehwe and Collen Mutamagau - was beaten by security agents and needed medical attention.

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Monday, December 22, 2008

Mugabe Unleashes Wave of Terror With Mass Abductions

Fears are mounting in Zimbabwe for the lives of more than 40 opposition officials and human rights activists who have been abducted as part of a renewed crackdown by the regime in Harare. At least two more members of the opposition Movement for Democratic Change have disappeared in the past week, along with a freelance investigative reporter.

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Sunday, December 21, 2008

Mugabe Turns Back on Power-sharing

Robert Mugabe is to drop the pretence of power-sharing talks with the opposition in Zimbabwe and form a government without them this week. If he goes ahead, after gaining the backing of his ruling Zanu-PF party, it would end any immediate hope of outside help for the country, which is beset by a series of crises.

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Sunday, December 14, 2008

Mugabe Claims Cholera Was Released by The British

Information minister Sikhanyiso Ndlovu said: "The cholera epidemic in Zimbabwe is a serious biological, chemical war force, a genocidal onslaught, on the people of Zimbabwe by the British," said the. "It's a genocide of our people.

"This was a calculated warfare. There are forces who are continuing to plant anthrax and cholera disease.

“Cholera is a calculated, racist attack on Zimbabwe by the unrepentant former colonial power, which has enlisted support from its American and Western allies so that they can invade the country.”

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Friday, December 12, 2008

Robert Mugabe Claims 'There Is No Cholera' in Zimbabwe

The President faced international criticism as he made the statement even as the toll rose to nearly 800 deaths and South Africa declared a border district a disaster area.
The United Nations said the number of deaths in Zimbabwe had risen to 783, with more than 16,000 cases.
But displaying his characteristic ability to interpret events differently from other observers, Mr Mugabe claimed the disease had been stopped.

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Monday, December 08, 2008

Hyperinflation Forces Zimbabwe to Print $200 Million Notes

Cash-strapped Zimbabwe revealed plans Saturday to circulate $200 million notes, just days after introducing a $100 million bill, Finance Minister Samuel Mumbengegwi said.

After the $100 million note began circulating on Thursday, the price of a loaf of bread soared from 2 million to 35 million Zimbabwean dollars.

Amid allegations of illegal foreign currency trading, the government also fired top executives at four major banks Thursday, according to The Herald, a state-owned newspaper.

Many anxious residents of the nation's capital, Harare, have been sleeping outside banks, waiting for them to open so they can make withdrawals before the institutions run out of cash.

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Monday, December 01, 2008

Now Anthrax Takes Toll On The Starving In Zimbabwe

To add to the peril of cholera, Zimbabwe's beleaguered population is now facing anthrax. An outbreak of the deadly infection has killed two children and one adult and spread to 32 others. It is threatening to wipe out at least 60,000 livestock in the northern Zambezi Valley, aggravating the food crisis, Save the Children warned yesterday.

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Sunday, November 30, 2008

Mugabe Regime Arrests Soldiers Amid Fears Of Pay Revolt

Restrictions on the amount of cash that can be withdrawn from the country's banks amid an economic crisis and hyperinflation mean that soldiers, like the rest of the population, can only take out the equivalent of 50 pence a day - enough to buy a single banana.
Fourteen soldiers were arrested this week after scores went on the rampage in the capital Harare and the middle class suburb of Braeside, attacking foreign currency dealers with batons.

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Not long now. When they start locking up the army it's only a matter of time!

Thursday, November 06, 2008

Global Crisis? This Is The Real Crisis!

Going out to dinner in Zimbabwe

If you think that the current economic crisis is something that has never happened in history before, you may be wrong! After the collapse of the agriculture sector in Zimbabwe in 2000, the inflation in that country skyrocketed to 231 million percent a year!
Just think about it - 231 000 000%! Unemployment went up to 80% and a third of country’s population left it.
Let`s now have a look at the photos that you may not be able to see anywhere else in the world.

Wednesday, October 01, 2008

Tens of thousands flood Zimbabwe banks as 11,000,000% inflation sparks cash shortage

Tens of thousands of Zimbabweans have been besieging the country's banks to withdraw their cash before it loses its value.
With inflation at 11million per cent, the savers wanted to take advantage of a higher limit on withdrawals. Previously the maximum that could be taken out was 1,000 Zimbabwean dollars - barely enough to buy a newspaper.
The new limit of 20,000 dollars was still, however, too low for campaigners who want the cap scrapped.

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Take note America and the UK, If the central banks just keep printing imaginary money to try and print their way out of a crisis...