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US resists pressure to reform IMF voting shares
US Treasury Secretary Janet Yellen showed little willingness to embrace reforms at the International Monetary Fund that would give China and other developing countries significantly more say in how th...Published: 12 Oct 2023 at 06:18hrs | 2 | by Staff reporter
Brics+ plans gold-backed currency
WORLD countries coalescing under the banner of the Brics alliance which brings together Brazil, Russia, India, China, and South Africa are preparing to strike a blow against the United States dollar's...Published: 16 Jul 2023 at 13:53hrs | 13 | by Staff reporter
Western backed Zambia wins debt relief
Zambia reached an agreement in principle to restructure US$6,3 billion of debt with bilateral lenders, setting a precedent for a growing list of countries struggling to service their liabilities....Published: 26 Jun 2023 at 06:45hrs | | by Staff reporter
'US debt is a pyramid scheme used to defraud other nations'
Senior Russian lawmaker Vyacheslav Volodin has branded US federal government debt a global pyramid scheme that is heading for an inevitable collapse. The comments come as Washington struggles to agree...Published: 26 May 2023 at 16:39hrs | 1 | by Staff reporter
Russia's rouble comes roaring back
The rouble has surged all the way back to where it was before Russia invaded Ukraine, closing at 79,7 in Moscow on Wednesday.In the days after the Ukraine war began, the rouble's collapse was ...Published: 08 Apr 2022 at 06:40hrs | 1 | by Staff reporter
The day Mthuli Ncube was misquoted
Mthuli Ncube did not say new currency in 12 months.No, the Minister said no such thing. His interview is available on the Bloomberg website titled "Zimbabwe Plans to Introduce Currency ‘In N...Published: 27 Apr 2019 at 08:16hrs | | by Dr Alfred M. Mthimkhulu
Beggar-thy-neighbour protectionist policy is decadent
Reports that the Zimbabwean government wants to liberalize fuel imports is a very significant development that will go a long way towards solving the country's artificial fuel shortages once and for a...Published: 03 Mar 2019 at 11:06hrs | 21 | by Colls Ndlovu
The perils of trade protectionism
The recently gazetted import tariffs imposed by the Zimbabwe Revenue Authority on almost all major food items and non-food items — trade protectionism - is a dangerous drift towards the dreaded begg...Published: 21 Oct 2018 at 11:36hrs | 10 | by Colls Ndlovu Financial Analyst
Kim Jong Un threatens 'mentally deranged' Trump
SEOUL/NEW YORK - North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after US President Donald Trump vowed to destroy the reclusive country, with leader Kim Jong Un promisi...Published: 22 Sep 2017 at 13:03hrs | | by Reuters
Mugabe takes US Congressmen to task over sanctions
President Mugabe yesterday met a delegation of United States Congressmen and categorically stated to them that Zimbabwe upholds the rule of law, contrary to propaganda peddled by Western media and ant...Published: 17 Feb 2016 at 09:33hrs | | by Felex Share
US use of IMF to fight Zimbabwe old wine in new skins
THE attempt by the United States Senate Committee for Foreign Relations to block Zimbabwe from receiving any loan or assistance from the International Monetary Fund (IMF), World Bank and African Devel...Published: 14 Feb 2016 at 10:45hrs | | by Dumisani Sibanda
IMF snubs US, backs Zimbabwe
The IMF will not be influenced by American calls to tighten sanctions on Zimbabwe and will proceed with its re-engagement with Zimbabwe as planned, an official has said.About two weeks ago, US...Published: 14 Feb 2016 at 10:30hrs | | by Staff reporter
'Corker out of sync with reality'
United States Senate Committee on Foreign Relations chairman, Mr Bob Corker, who is pushing for the blockage of any new lending to Zimbabwe by multilateral financial institutions is out of sync with t...Published: 04 Feb 2016 at 05:10hrs | | by Felex Share
Zimra's tariffs bill is a dangerous drift towards the dreaded beggar-thy-neighbour policy
The recently gazetted import tariffs imposed by the Zimbabwe Revenue Authority on almost all major food items and non-food items - trade protectionism - is a dangerous drift towards the dreaded be...Published: 18 Sep 2015 at 10:18hrs | | by Colls Ndlovu
Biti admits that regime change agenda has failed
MDC-T secretary-general and Finance Minister Tendai Biti has publicly admitted that the regime change agenda was no longer sustainable in Zimbabwe and implored the West to stop their policy of trying ...Published: 11 Jan 2013 at 05:46hrs | 1 | by Staff reporter
Tendai Biti, what a phenomenal climb down on US sanctions
Reports that Finance Minister Tendai Biti has lambasted the decision by the United States to slap two Chiadzwa diamond companies with sanctions is admittedly a phenomenal climb down for a political fu...Published: 25 Jan 2012 at 07:32hrs | 3 | by Tendai moyo
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