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.
Zimbabwe to print first $100 trillion note
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
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.
The Treaty on the Right to Privacy, Protection Against Improper Surveillance and Protection of Whistleblowers [PDF] (AKA “The Snowden Treaty”) was created by David Miranda, Glenn Greenwald’s partner, who was detained by UK police under terrorism legislation while transiting through London’s Heathrow airport with a encrypted thumbdrive containing some of the Snowden leaks.
Lavie Tidhar writes, “The Apex Book of World SF 4 is out today – this is the fourth volume of the series began in 2009, and features 28 stories from 25 countries, seven of which are translations, and it is the first volume to be edited by Mahvesh Murad – marking this also as the […]
The Lytro Illum dares to be different, boasting even more robust features than its first generation predecessor and a sleek design reminiscent of professional DSLRs. What’s so cool about it? Most cameras capture the position of light rays, producing a statoc 2D image.
SitePoint Premium is the ultimate e-learning library for web developers, designers, and digital professionals. Famous for their web development books written by industry leaders, they’ve expanded their content library to include in-depth video courses and short, handy screencasts partnering with A Book Apart and UX Mastery. Whatever you want to achieve in your web career, […]
Skip the technical jargon and get right to taking amazing, professional-quality photos with this complete training. The Hollywood Art Institute Photography Course includes 22 modules filled with tutorials on how to profit off of your photography, or simply capture your memories in the manner they deserve.Accredited by the Photography Education Accreditation CouncilDive into this 22 […]