June 08, 2010 — The Democratic Republic of Congo has rich deposits of gold, diamonds, copper and other minerals that unscrupulous business people have been eager to exploit. Rebel groups have used the sale of raw materials to fund civil war, and Rwandan militias in eastern Congo are capitalizing on the sale of coltan, a crucial raw material in the manufacture of electronic devices.Now, developed countries are stepping up pressure on industry to buy exclusively clean, or conflict-free, raw materials.
The United Nations has suggested developing a certification scheme to stamp out the trade of dirty or illegally mined materials.
Tuesday, June 8, 2010
Shields and Brooks Discuss the Gulf Oil Spill Political Price
Shields and Brooks Discuss the Gulf Oil Spill's Political Price
http://www.pbs.org/newshour/rundown/2... Columnists Mark Shields and David Brooks sort through the top political stories of the week, including the government's role in the Gulf oil disaster and the expensive governor's race in California.
Monday, June 7, 2010
Stocks Drop as S&P 500 Posts Worst Two Days in 14 Months
June 7 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks declined, sending the Standard & Poor's 500 Index to the biggest two-day loss since March 2009, as Google Inc. and Apple Inc. led a drop in technology shares and Goldman Sachs Group Inc. was subpoenaed in the financial-crisis investigation. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)
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