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Showing posts from November 13, 2016

Zimbabweans are sleeping overnight outside banks again to get their cash

As long as it takes. (Quartz/Tsvangirayi Mukwazhi) It’s a terrible moment of déjà vu for Zimbabweans as another currency looms. For the last few days, in the capital Harare, Zimbabweans have begun lining up outside of banks to get hold of what little cash is in circulation before it’s replaced by bond notes as currency—the latest desperate measure by the cash-strapped government. “I am supposed to be home with my family but here I am spending the night in a bank queue for $50, which I am not guaranteed to get,” Tapiwa Mashingaidze told Quartz. The 33-year-old farmer traveled 80 kilometers (about 50 miles) from Harare, to buy seed and fertilizer, but didn’t make it to the front of the line before the bank closed. So he stayed on the sidewalk, all night, hoping for better luck tomorrow. Zimbabweans camp overnight to withdraw cash. (Quartz/Tsvangirayi Mukwazhi) Zimbabweans don’t trust the banks, and so will not deposit what money they do have, exacerbating the c...

Hillary Clinton blames FBI director for election loss

In a conference call with top funders, Clinton blames FBI director for her defeat in US presidential elections. Clinton said her campaign was winning until FBI director revived her email scandal days before of the election [EPA] Hillary Clinton has blamed the FBI's decision to revive an investigation into her email accounts for her devastating defeat in the US presidential election. In a call on Saturday with top campaign donors, Clinton said her campaign was in the lead until FBI director James Comey sent a letter to Congress on October 28 announcing that the FBI had uncovered emails possibly related to its earlier probe into her use of a private server as secretary of state. The new examination was sparked by an unrelated investigation into former New York Representative Anthony Weiner, the estranged husband of one of her top aides. US election: How did Hillary Clinton lose? The surprise announcement by the FBI came after three debates in which p...