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Zimbabwe's Mines Min. Puts Industry Groups on Defense

Jun 30, 2010 6:00 PM   By Rapaport News
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Following the Kimberley Process meeting in Tel Aviv, some important claims were made in Zimbabwe's newspapers that were simply not true. As the trade awaits next steps from Zimbabwe as it threatens to sell rough despite outside pressure, the World Diamond Council made it very clear that it had not given the country a nod in favor of exporting rough since that decision is solely upon the Kimberley Process.  Nongovernmental organizations also had to come to their own defense following claims they had sought a bribe in exchange for approving Zimbabwe's rough exports.  In other news, consumer confidence in the U.S. just cannot seem to recover even though some pundits say the economy has; and the world's largest retailer, Walmart, appoints a new president of U.S. operations.
Tags: Economy, Kimberley Process, NGO, Rapaport News, World Diamond Council, Zimbabwe
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