Financial Gazette (Harare)
10 April 2009
THE World Federation of Diamond Bourses (WFDB) has banned trade in rough diamonds originating from Zimbabwe except those certified by the Kimberley Process, The Financial Gazette heard this week.
[ See Article ]
An imprudent decision.
Anyway, anyone in the know knows that the WFDB is a toothless bulldog, a proxie for Canadian and South African rogue mining monopolies.
All commodities that circulate in the global market can reasonably be characterized as "blood" commodities, depending on one's definition of "blood." Are American cars "blood cars" because of the vestiges of "racial" discrimination in Detroit, or Chinese toys, "blood toys" because of labor standards that are deemed inferior by the masters of capitalism or Indian fabric "blood fabric" because of the use of child labor?
Accordingly, the Kimberly process is a trick by mining capitalists who do not want to compete; it is well-known that although capitalism presupposes competition, NO CAPITALIST wants a competitor.
We suppose that since the INVADERS can't steal the land, their new strategy is to impose their values on world trade; now, it is well known that traders don't give a rat's tail about the values of cultural formations, and this for thousands of years. Their interest is in buying and selling, not a seminar on moral philosophy.
This new shuffle in buffonery will be demolished in short order.
Buggerson:
Trick or not, the Kimberly Process CONTROLS the world diamond trade!
How are you going to "rock" diamond merchants who are not in ZImbabwe, are not subject to it's laws, who don't care what you and your ilk will "rock".......
They can get all the "rocks" they want elsewhere - without Kimberly Process certificates, you can't sell them.......
Oh! The Chinese? What have they done recently to assit the "Look East" strategy? Have they ponied up the $10 Billion U.S. yet? No?
I suppose the first shopper can impersonate Marie Antoinette, "Let them eat diamonds".
We all know how well THAT turned out.........
"Total Empowerment!" - empty words for empty minds............
JUBOOBS, your knowledge of the business of rough diamonds is sophomoric.
If you think that "the Kimberly Process CONTROLS the world diamond trade[]," you must be "on something" (Curtis Mayfield}.
By the way, we are reasonably certain that your xenophobic references to the Chinese and other Asian peoples and nationalities have not gone unnoticed by the editors of this site, which, we hope is not a site for xenophobic rants.
Zimbabwean diamonds can not be labelled as blood diamonds neither conflict diamonds.The WFDB should not be in Belgium, since they dont mine diamonds. The WFDB should have an HQ in the largest country which produces the mineral and the member countries drawn from diamonds producing countries, that would be democracy. Racism comes with hidden rules and regulations which are drawn to protect those who market and polish the diamonds. For those who want to know how this diamond trade is run, will find out that to hold and trade in diamonds, 1) One has to be Jewish 2) One has to have a sponsor to be allowed to enter the trading floor in Belgium. 3) The polishers have to be registered by Belgium.
How come DRC, Angola, Seirra Leone dont even have a say in diamond trading yet they produce more diamonds than any other country. These countries diamonds are all blood diamonds if they are in black man's hands. Call it what you want, the truth is so clear not just to the Zimbabwean issue. Antwerp having the last say, how, they dont produce a single stone?
TuTu, it is called a blood diamond, because before it even makes the polishing and marketing floors some poor African soul has been tormented by his own fellow African to scratch for them under horrendous circumstances and conditions.Whist greed and stupidity reigns over the diamond fields there will never be any country in Africa able to sustain itself on it's own resources.It's times like this that guys like you got off their knuckles and started walking around like the rest of us.
For all the whites who think that africa will ever be a colony again forget and relux ,this happened and will never happen again .Sorry britain sorry europe you are uused to get rich with other people `s things
Oh dear, how is Bob going to afford his lavish lifestyle now that the blood diamonds have been banned.