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Word: globalization (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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According to Global Witness, although the Congolese army and FDLR rebel groups have been warring on opposite sides for years, they are collaborators in the mining effort, at times providing each other with road and airport access and even sharing their spoils. Researchers say they found evidence that the mineral trade is much more extensive and profitable than previously suspected: one Congolese government official reported that at least 90% of all gold exports from the country were undeclared. And the report charges that the failure of foreign governments to crack down on illicit mining and trade has undercut development endeavors...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...gold - minerals needed to manufacture everything from lightbulbs to laptops, from MP3 players to Playstations. Over the past 12 years of armed conflict in the region, control of these valuable natural resources has allegedly become a lucrative way for warring parties to purchase munitions and fund their fighting. The Global Witness report claims to have followed the supply chain of these minerals from warring parties to middlemen to international buyers. (How the world must act on Congo...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...this trade: Thailand Smelting and Refining Corp. (owned by British Amalgamated Metal Corp.), British Afrimex, Belgian Trademet and Traxys. And it questions the role of others further down the manufacturing chain, including prominent electronics companies Hewlett-Packard, Nokia, Dell and Motorola. Even though the companies may be acting legally, Global Witness criticizes their lack of due diligence and transparency standards at every level of their supply chain...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...that warring parties do not benefit from trade. "We are disappointed with the number of inaccuracies and omissions in the report and are concerned that all the facts should be properly represented in a balanced way," AMC said. The company statement went on to say, "We are concerned that Global Witness' approach will lead to a de facto ban on the trade which we do not believe is in either the short term or the long term interests of the Congo either economically, politically or socially...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...last shipment from the DRC took place in September 2008 and all such transactions have since ceased. "Any link between Afrimex's past mineral-trading and armed groups remain wholly unfounded," the statement said. "We remain at a loss to understand why Afrimex is still being mentioned by Global Witness." Global Witness spokesperson Amy Barry said, "Just because they have claimed to stop sourcing at this point doesn't change the fact that they were sourcing during our research. So we still think that the evidence we uncovered is worth bringing to the public's attention...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

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