Sunday, June 20, 2010

The return of blood diamonds

The Wall Street Journal online has a piece on the diamond industry in Angola.

Several years ago, the diamond industry was pressured into the creation of the Kimberley Process, an attempt to eliminate so-called 'blood diamonds' from the market. However, The WSJ reports that a big loophole threatens the viability of the entire program.

The Kimberley Process was designed to stem human rights abuses in territories controlled by rebel movements, but apparently does not take into account such abuses in government controlled territories.

The WSJ highlights a raft of problems in Angola, widely considered one of the most corrupt states in the world.

Labels: , ,


At 10:16 AM, Anonymous Anonymous said...

Posted this recently on Reddit

Why I hate the english as an African


Post a Comment

<< Home