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Drones over U.S. may pose security risks
HARARE, Zimbabwe, March 20 (UPI) -- Zimbabwean Finance Minister Tendai Biti told members of Parliament the country's currency was essentially dead.
"The death of the (Zimbabwean) dollar is a reality we have to live with," he said during a 2009 budget presentation. "Since October 2008, our national currency has become moribund,"
Along with his remarks, Biti announced "the removal of all foreign currency surrender requirements," New Ziana reported Friday.
Previously, Zimbabwe's central bank required currency traders to pay 5 percent of their gross earnings at the Zimbabwe dollar's exchange rate.
Inflation in Zimbabwe hit what has been called a "hyperinflation" rate, officially posted as 231 million percent, essentially wiping out the currency's value.
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PITTSBURGH, Feb. 10 (UPI) --
Developing the U.S. natural gas sector is a way to safeguard the nation's energy security, the mayor of Pittsburgh said alongside the U.S. energy secretary.
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CHARLOTTE, N.C., Feb. 10 (UPI) --
The Babcock and Wilcox Nuclear Operations Group reports a second order for nuclear power components for the U.S. Navy under a contract awarded in 2010.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Doubts about the euro are not subsiding, new leadership or not, rescue plan or not.
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