Tag "hyperinflation"

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Finance Latin America

Price-fixing can only worsen the crisis in Venezuela

The government, instead of forming an exit strategy from the humanitarian crisis, is forcing supermarkets and manufacturers to cut prices at severe losses.

Economics Sub-Saharan Africa

Zimbabwe adopts yuan as legal tender

Zimbabwe’s adoption of the yuan as legal tender demonstrates its close ties with China, and Beijing’s efforts to globalize its currency. Long a pariah state under the rule of aging

Politics Sub-Saharan Africa

Zimbabwe Remains Calm Despite Election Fraud Allegations

The 31 July presidential election in Zimbabwe pitted Robert Mugabe, the African country’s president for 33 years, against his long-time political rival Morgan Tsvangirai in a contest that, according to