Diamonds Trade
Diamonds are probably the most invaluable and hardest stones in the whole world. Because of their value diamonds are usually sold in markets as jewels and used in some factories to cut hard stuffs due to their hardness. About 50% of the world’s diamonds are found in Africa which also the centre of a very huge trading industry controlled by a huge company called “Dee Beers” located in South Africa and England. 90% of diamonds are cut in India in addition of Antwerp, New York, Tel Aviv and London as other cutting and trading industries. Among all those diamonds sold daily there are what called “Conflict Diamonds” also known as “Blood Diamonds”. These diamonds are sold by groups of rebels who control the diamond mines in some African countries to help their operations which involve the killing of many innocent people. Even though “Conflict Diamonds” are considered illegal, they still find their way to the markets mixed up with the other diamonds. That’s why the “Kimberley Process” was made to insure that the diamonds market is free of the “Conflict Diamonds”.
1 comment:
This is a well-written post.
Frankie
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