Tag Archives : political crisis

During much of June, Prime Minister of Zimbabwe Morgan Tsvangirai traveled abroad to seek aid for his ailing country. He received mostly warm support from the US and Europe. However, he failed to convince donors to come in with substantial aid to help Zimbabwe’s economy which is in ruins. The reason: aid givers are wary of the overstaying dictator [...]

Pakistan’s President Asif Ali Zadari was forced on the back foot today by the growing political crisis. The Pakistan government finally announced that the sacked Chief Justice Iftikhar Mohammed Chaudhry will be reinstated on Saturday. The lawyers, activists and protestors participating in the long march were due to reach Islamabad today. This is [...]

This is the current foreign exchange rate in Zimbabwe. To reduce the burden of bundles of currency notes to buy things worth few US dollars, Zimbabwe is introducing Z$100 trillion currency note and other trillion-dollar denominations. But will this move really help in tackling hyperinflation and failing economy? As political crisis continues in Zimbabwe, [...]