Africa has always been pictured as a peaceful place, blessed with a full greenery and differents types of wild animals, but what is hidden behind perfection is the dispute between the African governments. The mineral conflict found in the Democratic Republic of the Congo has led to thousands of deaths and could lead to more human lost. According to The Enough Project Team and the Grassroots Reconciliation Group, due to the conflict mineral, the Democratic Republic of the Congo is the most dangerous
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SIERRA LEONE CIVIL WAR: POWER OF SUCCESSFUL INTERVENTIONS The history of Sierra Leone from 1991 to 2002 is written with continuous suffering of its people. Although many literatures argue that opportunities of economic profit in the diamond mining industry is the motivation of the conflict, long history of poor institutional building with a consequence of malnutrition in Sierra Leone’s capacity in face of political instability also led to the long-lasting of war. The absence and insufficient ability
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Diamond Ethics Blood Diamonds, also referred to as conflict diamonds, are diamonds that derive from areas controlled by forces or sections opposed to lawful and internationally recognized governments, and are used to fund military action in resistance to those governments, or in breach of the decisions of the Security Council. These radicals sell these diamonds, and the money is used to acquire weapons or to fund their military actions, and used to bribe foreign officials. Blood Diamonds are often
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should be taken into consideration when buying a diamond or additional precious jewelry. In today times, the issue of diamonds obtained from questionable sources has come up in the public, in the movies, and among top executives at Tiffany & Company. Members of several action groups question the ethics of obtaining diamonds from sources that are enmeshed in bloody conflict. As we take a look at the market, when most women are buying or receiving a diamond, probably do not give much thought to where
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Conflict Diamonds and the Kimberly Process What this case is about was that ion the 2000’s, a common concern emerged among members of the diamond industry, the United Nations, several governments and Human Rights campaigners who all wished to end the trade in Conflict Diamonds which were gemstones that were being mined or stolen by rebels fighting internationally recognized governments. To end this, they embarked an unusual collaboration called the Kimberly Process. The Kimberly Process
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Blood Diamonds, also known as “Conflict Diamonds” are diamonds that originate from areas controlled by forces opposed to legitimate and internationally recognized governments. They are used to fund military action in opposition to those governments that has resulted in over 4 million deaths and the displacement of millions of people in Angola, Sierra Leone, the DRC, Liberia, and Ivory Coast. Diamonds played a key role in obtaining funds to provide combatants with food, clothing, transportation, and
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Unethical Values Within De Beers Consolidated Mines Limited De Beers Consolidated Mines Limited is a South African-based mining and trading company, which controls the flow of diamonds in the United States marketplace (Aurora, 2008). De Beers distributes diamonds, ships them, and distributes them to significant intermediaries, wholesalers and retailers (Atkinson, 2000). 1. Unethical behaviour: Unfair trading and competition The first unethical conduct identified within the De Beers example is
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Conflict Diamonds What are conflict diamonds? What groups benefited from the TRADE in conflict diamonds? What groups where hurt by it? -Conflict diamonds are gemstones that are mined or stolen by rebels fighting internationally recognized governments. -The groups that were benefited from the TRADE in conflict diamonds were the combatants, including the Revolutionary United Front. -The groups that were hurt by it were diamond COMPANIES, such as De Beers. What three sectors were concerned with
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Antitrust September 17, 2009 Tonight’s Agenda Role Call Review of Last Week, Current Events Antitrust Case Study: DeBeers Wrap Up Review of Last Week “People of the same trade seldom meet together, even for merriment and division, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.” -- Adam Smith “Perfectly Competitive Market” Consumers well-served. Receive goods at lowest price possible
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Next i’ll guide you through the swot analysis of De Beers. * Their strenghts are that they own their own diamond mines and retail shops. Because the business have been existing for over a 100 years, they’ve been able to gain a lot of expertise. * As they are market leader they also have a high turnover. * Their last big strength is that they have been able to present diamonds of high quality through the years. Weaknesses: * They are specialized in only one product, so events
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