Download file to see previous pages...
Conflict diamonds are sold in order to raise money for armed conflict weapons and civil wars. Profits from this trade are worth billions of dollars. This profit is used by warlords to purchase firearms during the rebel wars. Countries affected include Angola, Democratic Republic of Congo and Sierra Leone. These wars have resulted to an estimated 3.7 million deaths. (Storm,26)
Although the wars are now over and fighting rate has declined, the con of blood diamonds still persists. The diamonds mined in this rebel- held zones reach the international diamond market by, smuggling the diamonds into neighboring countries and exporting them into the international diamond market, as a legitimate diamond trade.
The hullabaloo surrounding conflict diamonds was reported in the 1990s. During this period, there were civil wars in Sierra Leone, Angola, Liberia and the Republic of Congo. The world realized the harm of conflict diamonds during the extreme conflict in Sierra Leone in the late 1990s. In the 1990s, blood diamonds made about 4% of the international diamond market as reported by the World Diamond Council’s Website.
Two memorable events to control the diamond market took place during the late 1990s. Firstly Robert Fowler the Canadian Ambassador to Angola published a debatable report. This report listed all the countries involved with blood diamond trade. The report alarmed international organizations and made them aware of the illegal diamond trade that was going on. This response triggered the second memorable event.
Kimberly Process Certification Scheme is a system which aims to regulate the diamond trade. This ensures the diamonds going through the process must be labeled as conflict free. The source and ownership of the diamonds need to be validated.(Bieri, 45)
Kimberly Process Certification Scheme is supported by the United Nations, governments and non- governmental organizations. This scheme aims to eliminate the trade of black
...Download file to see next pagesRead More
War has an effect on every development aspect of a child. Children who are affected by armed conflict often get injured, killed, and uprooted from their communities and homes and end up as refugees or internally displaced persons. Some of these children become separated from their parents and families or orphaned and are subjected to sexual exploitation and abuse.
White Blood Cells (WBC). Our Blood consists of Red and White Cells which have important role in maintaining our body healthy and keeping bodily metabolisms intact. White Blood Cells (also called leucocytes) are responsible for keeping our immune system working all the time to prevent the intrusions of foreign materials or infectious diseases into our body.
Diamond is a valuable stone that is made up of a characteristically colorless and clear crystalline type of uncontaminated carbon (Koizumi, Nebel and Nesladek 3). According to Pagel-Theisen (6), the diamond may also be defined as a really hard form of carbon that is greatly refractive. The stone, which is normally used as a gemstone, is usually colorless. In terms of mineral hardness, diamond is considered the hardest known natural object.
The cold war witnessed ideological and geo-territorial struggles between the United States and the Soviet Union, which contributed to stability and peace in Africa because of their political and economic presence in the continent. The absence of ideological and geo-territorial struggles between major powers in the African continent brought to fore major socioeconomic and political problems, which have sparked many civil conflicts2.
As the demand of various resources is sky-rocketing, MNCs which focus is profit maximization at any cost and which want to increase their inventories, fail to put into consideration the circumstances and situations under which they acquire such resources.
According to the report the role United States in Liberia is strong because of its historic ties. The American companies made use of the natural resources, rubber in particular, enjoying their rights through exploitation. Liberia also served the US major strategic interest of hosting security and communication amenities during Cold War.
Diamond trade is considered to be a very shady business considering that this business has financed and ‘funded wars, massive death, and refugee crisis in Angola, Sierra Leone, Liberia, the Democratic Republic of Congo (DRC), and Cote d’Ivoire’ (Bieri, 1).