2007-08-23

Zimbabwe on a high

From the department of at-least-Hitler-was-able-to-control-hpyerinflation:
Zimbabwe's inflation rate has leapt to a record high, official data showed, raising pressure on President Robert Mugabe to ease an economic crisis that foes hope will weaken the veteran leader.

Zimbabwe's inflation - already the highest in the world - hit 7,634.8 per cent in July, reminding Zimbabweans there is no relief in sight from daily hardships including chronic food, fuel and foreign currency shortages.

Although the Government says the inflation figure is correct, many analysts and critics say it is likely much higher. The International Monetary Fund said last month inflation may reach 100,000 per cent by year-end.



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