Tag "hyperinflation"
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