Word: inflationitis
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The move to dump the Zimbabwe dollar has also stemmed the country's runaway inflation. This week the government announced that prices were 0.8% lower in January after years of multidigit increases. The last official measure of inflation, in July last year, put it at 231 million percent. (See pictures...
As jobs continue to vanish and inflation eats away at wages, it is not going to be as easy to placate those who are being hit the hardest when police attempt to extort them for petty cash. "The police are even more corrupt than they were before," Hanoi taxi driver...
This is a trade that works well for Anglesea and many like him. After all, time is money, and community-minded individuals may be happy to give whichever of the two they are better able to spare. But the time-money swap, which is washing over the charity world like...
It may be hard to believe but, as in many nations, the domestic front matters more to Iranians than the phantom menace of Israel and the U.S. Iran's economy is crippled by debt and inflation and a government that has grown moribund and ineffectual. That is the real situation...
Maybe so, but the question that Wyden and Cooper's plan raises is whether either side is really willing to completely scrap the current system, under which most people get coverage from their employers. That arrangement is more a historical accident than an efficient design, a legacy of World War...