News

It has nothing to do with saving the Iraqis as President Barack Obama has publicly stated. It is purely business, big business, US$25 billion worth of business as TomDispatch reports:

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Agricultural growth should naturally lead to industrialisation or manufacturing. It did once, but this has since been reversed. According to MDC policy coordinator, Eddie Cross, who has enjoyed the best of both words- under the Ian Smith and Mugabe regimes- “In 1980 we were a middle income country with a higher GDP per capita than China, we had virtually no debt and a currency that was worth twice the value of the US dollar. We produced 90 per cent of what was sold in our supermarkets and our farmers employed 350 000 people, supplied 60 per cent of the inputs required for our industry, generated half of all exports and provided food at prices that were well below any other country in the region.

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Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit from increased monetary-policy agency and flexibility. But they should not discount the valuable lessons offered by advanced-country central banks’ recent monetary-policy innovation.

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The race for second Vice-President of the Zimbabwe African National Union-Patriotic Front has opened debate about which formula should be used to elect someone to the post – history or incumbency.

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A Member of Parliament said that a pupil cried when he told his teacher that four minus two was zero and the teacher said the answer was wrong because to him that was the reality.

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