Zimbabwe's hyperinflation has become so extreme that the treasury there is set to print 100 trillion, 50 trillion, 20 trillion and 10 trillion notes. 100 trillion Zimbabwean dollars are worth about US$300. Wait. Now it's US$290. Quick, spend it, while there's still time.
Even vegetable vendors prefer the U.S. dollar, South African rand or Botswanan pula, and most workers now demand their salaries in foreign currency. Doctors and nurses have been on strike since last September, demanding salaries in U.S. dollars. The strike coincided with a cholera epidemic that now has claimed more than 2,000 lives.
Last week, the state media reported that most teachers had left their jobs. As a result, the end-of-year examinations taken in November are yet to be graded after the markers demanded their wages in foreign currency. Schools are yet to re-open this year awaiting the examination results
As the UK government passes increasingly far-reaching surveillance laws that bind companies to capture, store and share data on their customers’ activities, US tech giants like Facebook and Google are caught in a dilemma: much of what the UK government demands of them, the US government prohibits.
It’s not just dissident Hong Kong booksellers who’re being snatched — China’s snatch-squads have kidnapped expatriate dissidents (including those with foreign passports) from Sweden, Burma and Thailand.
Historically, US companies have been able to get around the (relatively stringent) European data-protection rules thanks to a “Safe Harbor” agreement between the US and the EU — but Max Schrems, an Austrian privacy activist, has successfully argued that the NSA’s mass surveillance programs violate European law and invalidates the Safe Harbor.
You’ve heard the news: cyber security is the new and very scary frontier. Hackers are out there just waiting for you to relax for a second and let them in. But that’s not going to happen to you. With a lifetime premium subscription to ZenMate VPN, you’re completely protected from anyone out there who wants […]
Remember back to the time when people thought java was just a hip way to talk about coffee? Or you vaguely remembered from geography class that it’s an island in the South Pacific? We’ve come a long way since then and now that we’ve rocket blasted into the tech future, you’re going to need to […]
Plastic is so 2013. You don’t want to buy something only to throw it away or lose it and barely care. You like nice things and want to hang onto them. The Plazmatic lighter here is a high quality, high tech alternative to the typical cheap, plastic lighter you get at the old gas station. […]