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To: Cachelot
I don't think Zim has any "oil reserves." If they did, they wouldn't need gas from Libya.

What Zim has (had) was "oil assets", ie: refineries and pipelines, which he had signed over to Libya. Mugabe eventually broke the agreement he had w/ Kaddhafi, and to the best of my understanding, it's now null and void, with no oil shipments coming into Zim.
14 posted on 07/06/2003 5:43:09 AM PDT by Guillermo (Proud Infidel)
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To: Guillermo; Cachelot
In a recent posting (yesterday?), a fire side, er, spoor side chat by Mugabe told his adoring public that they do not have to worry about US invading since they lack oil.

Now, he tries to pump up his esteem by daring Bush not to send troops? If the US does, it will be by the invitation of a
neighboring state that the US cares about avoiding the perils of mass immigration.

BTB, another post said that Zim tripled the salaries of Mugacountry & Co. Opponents point to the act as proof that
inflation is much more than the "official" figure.

There's always France and Le Worm to bail'em out. Or even the EU. Or the high and mighty Belgium.

P.S. A few months ago, it was reported that Zim doesn't even have the hard currency to buy ink and paper to print money.

19 posted on 07/06/2003 12:48:19 PM PDT by Calvin Locke
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