Archive for October 16th, 2008

October 16, 2008

Understanding the Credit Crunch

SMS from the mother of my two most favorite people in the world:

Doesn’t Credit Crunch sound like a weight loss biscuit?

 

So inspired into silliness by JAM and Dan Atkinson, here is the Bored Uganda Girl’s Financial Crisis Glossary

October 16, 2008

War is Illogical

You know about blood diamonds, blood coltan, blood gold and even blood timber. Now there’s something new fueling the conflict in the Democratic Republic of Congo … blood burgers.

 

From The Daily Telegraph

Warring rebel groups in the Democratic Republic of Congo are stealing and selling livestock to finance a conflict sparked by spillover from the 1994 Rwandan genocide, in which 800,000 were killed.

Vast and volatile, the Democratic Republic of Congo has long suffered from conflicts fought over its reserves of gold, copper, uranium, and coltan, a mineral needed in mobile phones and other electronics.

For years, armed groups have sought control over mines and forests, their acquisitions of wealth fuelling cycles of violence.

Cattle may sound less glamorous than precious metals, but they’re accessible.

“It’s just like the mining resources,” says Alpha Sow, head of the local office of the United Nations Mission in Congo (MONUC).

 

The conflict in the DRC gets more tragic and bizarre by the day.

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