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Africa Subsaharan
Mugabe begs China for £25bn to fix economy
2008-02-27
A DESPERATE Robert Mugabe has asked China for a £25 billion loan to help repair Zimbabwe's shattered economy. The state-controlled Herald newspaper said industry and trade minister Obert Mpofu had confirmed the request by the Zimbabwean government. Mr Mpofu said the grant would help the Zimbabwe authorities "to take care of our immediate and future long-term requirements". It would also help stabilise the economy, he said.

Analysts warn that the crippling economic crisis could prove Mr Mugabe's downfall in next month's polls. For the first time, the 84-year-old president faces two tough challengers: Simba Makoni, the former finance minister, and the main opposition leader, Morgan Tsvangirai, who has already indicated he will ask for international help to rebuild the economy if he survives wins. Zimbabwe's annual inflation rate reached 100,580.2 per cent last month.
Posted by:Fred

#12  Translation, there's nothing left to steal, Hello China.
Posted by: Redneck Jim   2008-02-27 22:10  

#11  Hello,

My name is Bob and I have many Millions in the bank. The bank will let me withdraw if I put up a bond. If you will send me your loose change, I will share with you my Millions. Please respond soon.

Your friend,

Bob
Posted by: AlmostAnonymous5839   2008-02-27 16:57  

#10  Notice that he didn't ask for it in Zim-bucks, but in real money.......

Also gotta wonder how many Ziminites(Zimbeans?) read the Herald to even know that Bob's a-beggin', what with bread costing so much and all, probably hard to scrape up the necessary 25k Zimbucks to buy a copy.......
Posted by: USN, Ret.   2008-02-27 14:18  

#9  Shoot the mo-fo and invoice Grace for the cost of the bullet.
Posted by: rhodesiafever   2008-02-27 14:02  

#8  Dear Chairman Hu,

Please deposit the sum of £25bn in my Swiss bank account.

Sincerely Zim Bob
Posted by: ed   2008-02-27 10:58  

#7  A 50 billion dollar loan to Zimbabwe?
Heh...heh...heh...
Posted by: tu3031   2008-02-27 10:31  

#6  This sounds like the ultimate sub-prime loan
Posted by: Kelly   2008-02-27 09:58  

#5  Now we know exactly how much Zim is worth.

If they're soft and absorbant, about 89 cents a roll.
Posted by: Glenmore   2008-02-27 07:14  

#4  Another fine mess brought to you by Jimmy Carter. Worst. President. EVER.
Posted by: crosspatch   2008-02-27 03:28  

#3  Now we know exactly how much Zim is worth.

He's bluffing.
Posted by: Spike Uniter   2008-02-27 02:48  

#2  Now we know exactly how much Zim is worth. More than I thought, really. China should lowball the offer.
Posted by: Vanc   2008-02-27 01:33  

#1  Turning to his Chicom pals is he. Must have read the Rantburg posts yesterday. Good on him.
Posted by: Besoeker   2008-02-27 01:09  

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