Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Zimbabwe leaders appeal for $5 billion (Too funny.. and sad. Mugabe needs a bail-out!)
AP on Yahoo ^ | 3/19/09 | Angus Shaw - ap

Posted on 03/19/2009 4:24:20 PM PDT by NormsRevenge

HARARE, Zimbabwe – President Robert Mugabe and a longtime opposition leader-turned-finance minister made an unusual joint appeal Thursday for $5 billion (euro3.66 billion) in international aid to revive Zimbabwe's shattered economy.

The two men presented an economic recovery program that scraps the stringent price controls which have fueled a black market and spiraling inflation. It also sets up "safety nets and social protection for vulnerable groups exposed to market forces," Finance Minister Tendai Biti said, without offering details.

The longtime opponents disagreed, however, over the causes of the country's economic meltdown.

Biti said Zimbabwe had to do its part by restoring democratic freedoms and the rule of law — and demanded that a new wave of seizures of white-owned farms in recent weeks blamed on Mugabe loyalists stop.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Politics/Elections
KEYWORDS: africawinsagain; appeal; mugabe; zimbabwe
Navigation: use the links below to view more comments.
first previous 1-2021-24 last
To: KoRn

Considering the mess in Washington and Nancy Pelosi’s mental state, this would not surprise me.


21 posted on 03/20/2009 8:26:33 AM PDT by Dante3
[ Post Reply | Private Reply | To 4 | View Replies]

To: Thank You Rush

Paul Theroux served in Africa in the Peace Corps.Forty years later in 2002, he returned to write a book, Dark Star Safari, and he traveled Overland from Cairo to Capetown

Everything had slid backwards


22 posted on 03/20/2009 11:07:45 AM PDT by dennisw (0bomo the subprime president)
[ Post Reply | Private Reply | To 15 | View Replies]

To: sten

Yes,the note is real but I don’t think it made it into circulation as they devalued the currency in early February by removing 12 zeros,so 1 trillion became 1,and new notes were introduced.But the 50 tril note was in use and would buy about two slices of bread...


23 posted on 03/20/2009 2:40:36 PM PDT by razbinn (I pledge allegiance to the flag of the United States of America,and to the republic for which it ...)
[ Post Reply | Private Reply | To 20 | View Replies]

To: NormsRevenge

Your check is in the next AIG bailout.


24 posted on 03/20/2009 2:44:25 PM PDT by maggief
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-24 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson