Word: inflationitis
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This insecurity underlies the central government's heavy-handed tactics and rhetoric, even though repression reduces the country's stature in the global community. "When the rest of the world looks at China, they see this increasingly powerful and confident country spending more and more on its military, its economy...
As the 2008 admissions season— which has seen the largest college applicant pool ever—comes to a close, one immutable fact was confirmed by a recent Princeton Review survey: students still want to go to Harvard. A lot. For the first time ever, Harvard captured the...
Mugabe was once a darling of Africa for his overthrow of white supremacist rule in what was then known as Rhodesia, and was praised in the West for Zimbabwe's excellent education system and relative prosperity. More recently he has become a failure and an embarrassment. Zimbabwe's economy has...
Bush's Treasury Department unveiled proposed changes in the regulatory scope and power of America's corporate and financial overseers Monday that are beyond anything seen since Roosevelt warned Americans beset by failed banks, food lines and 30% unemployment that they had nothing to fear but fear itself. With today...
There is little doubt that with an inflation rate of more than 100,000%, unemployment of 80% and life expectancy that has plunged to the mid-30s, those Zimbabweans who remain in the country - an estimated 2 to 3 million have left - are unhappy with the direction of the economy...