Western sanctions force Zimbabwe to return to national currency, amidst fears of hyper inflation

Zimbabwe has announced plans to introduce a new currency within months. This comes as a shortage of U.S. dollar notes in the country has forced businesses to close down. In the past two months, there have been acute shortages of imported goods in the country. Inflation has again shown its hideous shadow. The price of…… Continue reading Western sanctions force Zimbabwe to return to national currency, amidst fears of hyper inflation

US and China tighten noose on North Korean regime

The United States and its allies have just managed to hand North Korea what has been described as the strongest sanctions ever. Now ships going into the country or coming out will be inspected. Some may see it as a violation of the North’s sovereignty, but the international alliance against the North – including their…… Continue reading US and China tighten noose on North Korean regime