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Front Page: Study Pegs Afghanistan as Crisis, State Ownership of Banks Considered, Zimbabwe's Inflation Hits Extreme High

Oct 9 2008 - 6:00am by CitizenSugar
28 Views - 4 comments
Front Page: Study Pegs Afghanistan as Crisis, State Ownership of Banks Considered, Zimbabwe's Inflation Hits Extreme High
  • Study Pegs Afghanistan Crisis: A report by US intelligence agencies says Afghanistan is in a "downward spiral" and injects doubt over the ability of the Afghan government to overcome the Taliban's influence. The strength of the government has been severely compromised by corruption within Karzai's administration. The conclusions of the report indicate it should have been central to the war on terror, an effort now in need of more international troops.
  • State Ownership of Banks Considered: The White House is considering ownership stakes in some US banks as a way of stemming the severe global credit crisis.
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Cows Become Currency in Zimbabwe

Sep 26 2008 - 1:30pm by LibertySugar
109 Views - 7 comments
Cows Become Currency in Zimbabwe A Zimbabwe school is telling parents that if they can't scrape up enough money, they should pay tuition with livestock or fuel coupons. Thanks to insane inflation, parents are short on cash. School fees are about 100,000 Zimbabwe dollars, but banks only let people withdraw 1,000 Zimbabwe dollars a day.
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Front Page: Fed Pumps in Money, Petraeus Leaves Iraq, Rivals Sign Power Sharing Agreement

Sep 16 2008 - 6:00am by CitizenSugar
33 Views - 2 comments
Front Page: Fed Pumps in Money, Petraeus Leaves Iraq, Rivals Sign Power Sharing Agreement
  • Fed Pumps in Money: The Federal Reserve has added $70 billion of reserves into banks, the largest cash infusion since the attacks of 9/11. They're hoping to reverse a surge in borrowing costs caused by the collapse of Lehman Brothers. Meanwhile, stocks in Europe, Japan, South Korea, and Hong Kong all fell sharply.

  • Petraeus Leaves Iraq: Gen.
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Front Page: Hurricane Ike Tonight, English Channel Fire Burns, Zimbabwe Rivals Strike Power Agreement

Sep 12 2008 - 6:00am by CitizenSugar
143 Views - 8 comments
Front Page: Hurricane Ike Tonight, English Channel Fire Burns, Zimbabwe Rivals Strike Power Agreement
  • Hurricane Ike Tonight: Hurricane Ike is expected to make landfall with a direct hit to Galveston and Houston, with a population of 5.6 million. The National Hurricane center was crystal clear with their warning for evacuation: "Persons not heeding evacuation orders in single family one- or two-story homes will face certain death." Forecasters expect water 22 feet above sea level.
  • English Channel Fire Burns: Firefighters are still putting out small fires after a blaze shut down undersea traffic in the tunnel between England and France.
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Front Page: US Clinches Relay, China Leads Medals, Zimbabwe Talks to Resume, Floods in Vietnam Kill 100

Aug 11 2008 - 6:00am by CitizenSugar
194 Views - 15 comments
Front Page: US Clinches Relay, China Leads Medals, Zimbabwe Talks to Resume, Floods in Vietnam Kill 100
  • US Clinches Relay, China Leads Medals: The US swimming relay team broke the world record, took gold, and snatched victory from the favored French team as the oldest member of the US swimming team accomplished one of the biggest comebacks overtaking the French team in the last few meters of the relay. The win keeps Michael Phelps dream of winning eight Olympic golds alive. In the overall medal count, China is in the lead with nine golds and 14 medals, South Korea is second in gold, and the US is third with three golds and but second overall with 12.
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AIDS Group Says Zimbabwe Using Rape As a Tool of Terror

Aug 8 2008 - 11:15am by LibertySugar
206 Views - 16 comments
AIDS Group Says Zimbabwe Using Rape As a Tool of Terror The Zimbabwe government's youth militia use the most horrific tactic — rape — as a tool to terrorize those suspected of sympathizing with the opposition. President Robert Mugabe's ruling party has been carrying out a campaign of political terror since opposition supporters contested his election. Today's New York Times paints a graphic picture of how many of Zimbabwe's women have been abused, humiliated, and raped, often in front of their families.
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Zimbabwe Faces 50 Million Percent Inflation, Uses Gasoline Coupons For Currency

Aug 6 2008 - 2:40pm by CitizenSugar
8 Views - 0 comments
Zimbabwe Faces 50 Million Percent Inflation, Uses Gasoline Coupons For Currency Zimbabwe Faces 50 Million Percent Inflation, Uses Gasoline Coupons For Currency Reeling from the highest inflation rate in the world, barred by the government from using US dollars for purchases, Zimbabweans turned to a new money source Wednesday: gasoline coupons. The move reflected the complete chaos of Zimbabwe's financial system, where prices are openly quoted in the American currency, in Zimbabwe's own new currency that came out Friday, and in its old denominations, which have 10 more zeros than the new bills.
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Front Page: Cyclone Recovery to Top $1 Billion, Obama in Iraq, Zimbabwe Rivals Near Deal

Jul 21 2008 - 6:01am by CitizenSugar
30 Views - 2 comments
Front Page: Cyclone Recovery to Top $1 Billion, Obama in Iraq, Zimbabwe Rivals Near Deal
  • Cyclone Recovery to Top $1 Billion: Cyclone recovery efforts in Myanmar are expected to top $1 billion according to a report released this morning by the UN and ASEAN. The aid will cover the still pressing needs for food, agriculture, and housing, and the country still needs everything from clean water to fishing nets and buffaloes. $178 million has been given already.
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Lykkelig! Danes Top List As Happiest in a Happier World

Jul 1 2008 - 2:45pm by LibertySugar
320 Views - 8 comments
Lykkelig! Danes Top List As Happiest in a Happier World The world is happier — thanks to economic growth, democracy, and social tolerance, according to the World Values Study. The findings contradicted the assumption that regardless of changing variables, happiness remains constant. The researchers credit relative quality of life improvements for the global rise in happiness; for example, low-income societies like China experienced economic growth while developed societies saw a rise in equality and tolerance.
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Zimbabwe President's Spokesman to West: "Go Hang"

Jul 1 2008 - 7:55am by CitizenSugar
21 Views - 4 comments
Zimbabwe President's Spokesman to West: "Go Hang" Zimbabwe President's Spokesman to West: "Go Hang" Zimbabwe President Robert Mugabe will not step down and Western critics who called the country's recent election a sham can "go hang," the longtime ruler's spokesman said Tuesday. Mugabe was attending an African Union summit where leaders have been unwilling to publicly criticize Mugabe, and instead are gently pushing behind the scenes that he accept some sort of power-sharing agreement with Zimbabwe's opposition.
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