* Newstin.com is for sale! * After achieving our strategic milestone, we are offering for sale: Newstin.com and all 14 related domains featuring 1 million unique visitors per month + continuously updated news database of 37 million articles in 12 world languages from 166,000 global and weighted sources + 2.1 billion metadata * To seize this unique chance, contact invest@newstin.com. * Newstin.com is for sale! *

Gasoline coupon is latest currency in Zimbabwe

A man carries a bag filled with old Zimbabwean coins to a bank in downtown Harare Friday August 1, 2008. In a sign of its dire financial crisis, Zimbabwe's reserve bank has knocked 10 zeros off the hyper-inflated currency, when 10 billion dollars becomes one dollar, just a week after the introduction of a 100 billion-dollar note - still not enough to buy a loaf of bread. (AP Photo) By ANGUS SHAW Associated Press Writer HARARE, Zimbabwe (AP) - Reeling from the highest inflation rate in the world, barred by the government from using U.S. 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... [read full story]                    

Add Comment
There are also 14 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies