May 22, 2008


Inflation in Zimbabwe is now over 1 million percent:
Weary Zimbabweans are facing a new wave of price increases that will put many basic goods even further out of their reach: A loaf of bread now costs what 12 new cars did a decade ago.

Independent finance houses said in an assessment Tuesday that annual inflation rose this month to 1,063,572 percent based on prices of a basket of basic foodstuffs. Economic analysts say unless the rate of inflation is slowed, annual inflation will likely reach about 5 million percent by October.
Inflation isn't the only thing on the rise either.  Violence against opposition supporters continues to spread and it continues to be deadly.  Tsvangirai is supposed to return to Zim on Saturday to prepare for the runoff election scheduled for June 27th, its going to be a long month.

Update:  Your WTF for the day, via FP Passport, Hillary compares the Florida delegate situation to the current state of affairs in Zimbabwe:
[P]eople go through the motions of an election only to have them discarded and disregarded.”

“We’re seeing that right now in Zimbabwe," Clinton explained. "Tragically, an election was held, the president lost, they refused to abide by the will of the people,” Clinton told the crowd of senior citizens at a retirement community in south Florida.

“So we can never take for granted our precious right to vote."
In.  Ex.  Cusable. 

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