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October 7, 2008 4:48:28 PM CDT


Stories related to: black market

Stories

8 Stories

  • July 2008
    • 9M% Inflation Crushes Zimbabwe

      9M% Inflation Crushes Zimbabwe

      (Newser) - The political violence that ravaged Zimbabwe has subsided since Robert Mugabe's sham reelection, but another devastation continues unabated: economic meltdown. Zimbabwe's inflation rate has now hit 9 million percent, and a $50-billion Zimbabwean note is worth just 34 cents and falling in American currency. The Guardian investigates the surreal economic landscape of what was once one of Africa's most prosperous nations. More »

      Tags

      Zimbabwe   economy   Robert Mugabe   starvation   black market   hyper-inflation

  • June 2008
    • 'Sketchy' Plane Parts For Sale Online

      'Sketchy' Plane Parts For Sale Online

      (Newser) - Spare Boeing and Airbus parts of dubious origin have been found for sale on Internet sites such as Craiglist, BusinessWeek reports. The parts, including vital valves and gears, are being sold by at least 24 vendors—mainly in China and the US—without FAA approval or documentation that they've been inspected for airworthiness. More »

      Tags

      Boeing   Airbus   aviation   Craigslist   aircraft   black market   classified ads

  • May 2008
    • Burmese Buy Up Black-Market Cyclone Videos

      Burmese Buy Up Black-Market Cyclone Videos

      (Newser) - Black-market videos of floating bodies, famished survivors, and cyclone-ravaged villages have become best-sellers in Burma, AP reports. The tapes are illegal because the nation's military junta wants to hide the extent of the devastation. "People buy them because they are interested in seeing what happened out there," said a street vendor who set up his video stall 2 days after the storm. More »

      Tags

      Burma   Myanmar   Cyclone Nargis   cyclone   junta   military junta   black market

  • April 2008
    • Steal the Pipes, Ditch the House

      Steal the Pipes, Ditch the House

      (Newser) - Rising metal prices have rendered some foreclosed homes worth less than their plumbing, and thieves are stripping the vacant abodes of copper, aluminum, and brass to fuel a lucrative overseas trade. Several states have hardened penalties for metal theft, but skyrocketing nonferrous metals prices have thieves risking steel cages for copper pipes, reports Reuters. More »

      Tags

      housing crisis   subprime crisis   foreclosure   burglary   black market   metal prices   copper

  • December 2007
  • November 2007
    • iPhone Ignites 'Love Craze' in China

      iPhone Ignites 'Love Craze' in China

      (Newser) - The iPhone is not sold in China yet, but already black market iPhones—known as "Ai Feng" or "Love Craze"—have flooded in from Hong Kong. Wired News reports computer superstore shelves are full, and supplies so plentiful the black market price is plummeting. "It's like the whole country has gone iPhone," says one Chinese netizen. More »

      Tags

      China   Apple   iPhone   black market   George Hotz   Shenzhen

  • July 2007
  • May 2007

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