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/ 20 February 2008

Zim inflation soars to 100 580%

Zimbabwe’s annual inflation vaulted to 100 580,2% in January to set a new world record, but it is still unlikely to cause sleepless nights to President Robert Mugabe’s government facing elections in about five weeks’ time. The jump in inflation is alarming even in the context of Zimbabwe’s extraordinarily collapsing economy.

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/ 6 November 2007

A lesson from the Minister Mentor

The annual conference of the International Bar Association, the world’s biggest meeting of lawyers, was officially opened in Singapore recently by Minister Mentor Lee Kuan Yew. Yew, Singapore’s long-time ruler and a lawyer by training, was in no mind to soft-peddle his prescriptions for the island state’s success. ”If I had permitted freedom of expression,” he confidently announced, ”I would not be here tonight and neither would all of you.”