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| Zimbabwe inflation hits new high | Zimbabwe inflation hits new high |
| (30 minutes later) | |
| Zimbabwe's annual inflation rate - already the world's highest - has soared to 231,000,000%, newly released official figures show. | |
| The rise - from 11,200,000% - was largely due to increases in the prices of bread and cereals. | The rise - from 11,200,000% - was largely due to increases in the prices of bread and cereals. |
| A landmark power-sharing deal between President Robert Mugabe and opposition leader Morgan Tsvangirai has not eased the country's economic crisis. | A landmark power-sharing deal between President Robert Mugabe and opposition leader Morgan Tsvangirai has not eased the country's economic crisis. |
| The UN estimates that two million people are in need of food aid. | The UN estimates that two million people are in need of food aid. |
| In September, it was agreed that Mr Mugabe - Zimbabwe's leader for three decades - would remain president while Mr Tsvangirai would become prime minister. | In September, it was agreed that Mr Mugabe - Zimbabwe's leader for three decades - would remain president while Mr Tsvangirai would become prime minister. |
| But the two sides cannot reach agreement on the make-up of the new cabinet. | But the two sides cannot reach agreement on the make-up of the new cabinet. |
| Critics of Mr Mugabe say he triggered the economic crisis by seizing white-owned farms for land redistribution. | Critics of Mr Mugabe say he triggered the economic crisis by seizing white-owned farms for land redistribution. |
| Mr Mugabe blames Western sanctions which target him and his chief supporters for wrecking Zimbabwe's economy. | Mr Mugabe blames Western sanctions which target him and his chief supporters for wrecking Zimbabwe's economy. |