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Monster tornado devastates Oklahoma City area; at least 51 dead
HARARE, Zimbabwe, July 19 (UPI) -- Hyperinflation in Zimbabwe hit another milestone Saturday when the central bank introduced a $100 billion bill.
The new bills can circulate legally beginning Monday, CNN reported. But as large as the amount might seem, it is only enough to buy four oranges and not enough to cover the cost of one loaf of bread.
The country has been in an economic tailspin for several years. President Robert Mugabe, blaming profiteers and speculators for the destruction of the economy, announced this week that the government would provide basic necessities at a low subsidized price to end the inflation.
The government announced this week inflation had hit 2.2 million percent.
Outsiders blame much of the inflation on the government-backed takeover of white-owned farms by "war veterans" loyal to Mugabe. The country went from being an agricultural exporter to being unable to feed itself.
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NEW YORK, May 21 (UPI) --
Former first daughter Caroline Kennedy served on a New York jury that acquitted a Harlem man of selling drugs to an undercover police officer.
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NAPLES, Fla., May 21 (UPI) --
The 44-year-old daughter of broadcast journalist Barbara Walters has been arrested for allegedly driving under the influence of alcohol, Florida police said.
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MUSCAT, Oman, May 21 (UPI) --
The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
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DAKAR, Senegal, May 21 (UPI) --
A California couple taking a trip to Dakar, Senegal, said Turkish Airlines instead sent them nearly 7,000 miles off-course to Dhaka, Bangladesh.
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