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11.2 million % inflation! How is Zimbabwe surviving?

September 18, 2008

A political problem

Zimbabwe's leaders -- who were set to sign a historic deal on September 15, 2008, to divide power among political rivals after months of ruinous standoff between President Robert Mugabe and the opposition -- had raised the hopes of people as they buckled under huge inflation and poverty.

But the deal fell through as they rivals could not come to any agreement. The nation's worsening political scenario is leading to more rise in inflation, food shortages and widespread unemployment.

Image: Morgan Tsvangirai, leader of Zimbabwe's main opposition party Movement for Democratic Change, greets people during a campaign meeting at a rally in Domboshava, 40 km north of Harare. | Photograph: Desmond Kwande/AFP/Getty Images

Also read: Misery and death on West Bengal's tea estates
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