Mugabe threatens to flood the world with diamonds in unauthorised bid to bring Zimbabwe back from the brink

Robert Mugabe has threatened to flood the world's diamond markets - despite being slapped down by the world's diamond control body.

The Zimbabwean president said his nation's massive reserves of diamonds have 'huge potential' to revive the shattered economy.

He said Zimbabwe can account for one-fourth of the world's diamond supply.

The Kimberley Process diamond certification scheme has not authorised international sales amid allegations of killings, human rights violations and corruption in the massive diamond fields discovered in eastern Zimbabwe in 2006.

Webmaster's Commentary: 

I have two concerns with this story.

First, how does a private industry group gain the authority to tell sovereign nations what they can sell or not sell?

Second, it appears to me that this idea of shouting "blood diamond" is merely a device to preserve the Kimberly monopoly on diamond sales around the world by tainting other sources of diamonds. Were the Kimberley Process really concerned with human rights, then Israel's Operation CAST LEAD should have resulted in a ban on Israeli diamond sales.

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