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Expensive Mangoes


Dreamtime

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THE season's first tray of mangoes at the Brisbane Markets has sold for $20,000.

With 12 mangoes in the case, buyer Carlo Lorenti of Clayfield Markets Fresh paid a premium price of $1666 per fruit in the annual charity auction.

Mr Lorenti is Queensland's "Mango King" for the second time, having placed the highest bid in 2006.

It is the 11th time the Brisbane Markets Mango Auction has been held.

All proceeds from today's auction will go to Redkite, a charity that supports children and their families through cancer, and Life Education Queensland.

This year's price was considerably below the world record price for mangoes, $60,000 paid for 12 mangoes by Sam Mangano in 2004.

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i thoguth there were actually nuts that would buy it that expensive, but seeing its for charity its all worthwhile

i read over this just now from zimbabwe:

Its report found that the price of a loaf of bread rose by 1,157% throughout the year to 44,000 Zimbabwean dollars (bbc news)

1 Zimbabwe Dollar = 0.007977 Australian Dollar

44,000 Zimbabwe Dollar = 351.010 Australian Dollar

AND IT ISNT FOR CHARITY!

Alex

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i thoguth there were actually nuts that would buy it that expensive, but seeing its for charity its all worthwhile

i read over this just now from zimbabwe:

Its report found that the price of a loaf of bread rose by 1,157% throughout the year to 44,000 Zimbabwean dollars (bbc news)

1 Zimbabwe Dollar = 0.007977 Australian Dollar

44,000 Zimbabwe Dollar = 351.010 Australian Dollar

AND IT ISNT FOR CHARITY!

Alex

ZIMBABWE'S annual inflation soared to 231 million per cent in July, confirming growing hardship in the southern African country, a state newspaper reported today citing official statistics.

The Herald newspaper said the annual rate of inflation gained 219.8 million per cent, up from the June rate of 11.2 million per cent, adding that it was "driven faster by food prices".

"The month-on-month rate rose 1760.9 percentage points on the June rate of 839.3 per cent to 2600.2 per cent," the newspaper quoted a statement from the Central Statistical Office (CSO) as saying.

Bread and cereals were the main drivers, the statement said.

Bread prices have been pushed up by wheat shortages as bakers are relying on imports, the newspaper said.

Once hailed as a model economy and a regional breadbasket, Zimbabwe's fortunes have nosedived since 2000 when veteran ruler Robert Mugabe seized white-owned farms and handed them over to landless blacks, often with no farming skills.

But the Government blames the country's economic meltdown on sanctions imposed by Britain and its allies.

The UN World Food Program estimated recently that 83 per cent of Zimbabweans are living on less than $US2 ($A3) a day and that 45 per cent of the total population is malnourished.

The Government has tried several measures - including price controls and striking off 10 zeros from the country's currency - to try to rein in galloping inflation.

To keep pace with the rising costs, shops sometimes change the prices of goods more than twice a day while long meandering queues have become a familiar sight at banks as depositors queue up to withdraw cash which is rapidly losing its value.

Last month the central bank gave some shops licences to sell goods in foreign currency in a bid to ease shortages which are fuelling the black market.

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All for charity...

I'd love to be able to buy a box for $61,000 just to get the record and give to charity...

But unfortunately... that aint gonna happen...

It's as likely as the Zimbabwen dollar reaching $1AUD by the first race at wenty dogs tonight...

Cheers

Ben

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