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The Myth of Conflict-Free Diamonds
The issue of “blood diamonds” has once again made the news: Farai Maguwu, Director of Zimbabwe’s Mutare-based Centre for Research and Development (CRD), languishes under the long arm of Zimbabwe’s laws on alleged charges related to his research on Zimbabwe’s Marange mines. According to a confidential 44-page report produced by investigators mandated by the Kimberley […]
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Treasure Islands: Mapping the Geography of Corruption
When is a tax haven not a tax haven? When Mauritius’ Vice Prime Minister Ramakrishna Sithanen says so. “We are a not a tax haven,” stated Sithanen, who is also the country’s Minister of Finance. Ironically, Sithanen would go on to reveal that ring-fenced financial services (FS) — the legal and financial secrecy vehicles facilitating […]
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Oil Makes Its Own Laws: Self-regulation and Flags of Convenience
The system under which offshore drilling rigs, and now oil tankers, operate was set up at the end of the second world war to ensure that the US was supplied with the cheapest possible oil without having to consider, or pay for, the consequences. The offshore drilling company Transocean celebrated the explosion on the Deepwater […]