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The banking system, Central and National is at the heart of the matter for me. When they fail, as they do, LOL, we bail them out. When they succeed, we pay them bonuses. When they cheat we go tut tut ...
I often wonder whether I missed a great career opportunity to make a lot of risk free mullah ... A: Yes I did
the most protected professional group...just behind lawyers ... oh dear..
the gnome
It was the truth when I said it, so I am still left wondering how you got away with it, but well done
Don't be fooled by the MSM \ LLM (Lying Legacy Media) about Russia and the Wagner Group. The real enemies are the bankers.
"Russia is manipulated by the same elite financial interests that control the West"
https://expose-news.com/2024/05/02/russia-is-manipulated-by-the-same-interests/
Hi NoelShempsky, I got away with it because its the truth, people don't always want to acknowledge that though!
Thank you also Mr Gnome, you are quite correct !
So many of these any of these countries suffered exploitation of varying extremes under the various regimes of colonialism, so they fought for and now have self rule.
Now things should be so much better for the ordinary people of these now independent countries but instead t seems that in many instances their leaders and politicians in charge exploit their own people and their countries natural wealth even worse than in the past!
You left out incompetent ....
"the governments in this region are untrustworthy, weak, corrupt" - years ago, when I posted that (although I just said untrustworthy and corrupt, I didn't say weak), I was savagely attacked. I don't know how you've gotten away with it.
No, although this was likely a factor in the Centamin rationale to pull out of the Burkina Faso project after having invested many millions of dollars no w with no hope of ecvan a partial recovery and likely the partly developed project will end up being under the control of less than scrupulous operators!
the point of my post is to illustrate that so many of the governments in this region are untrustworthy, weak, corrupt and in order too stay in power are quite prepared to sacrifice the best interest's of their people, their countries natural resources (gold, etc) to corrupt Russian controlled influenced mercenaries.
In the meantime whilst Russian is acquiring huge amounts of blood gold bullion the US FED and its cartel of big banks are trying to control the markets with Comex paper contracts!
Whilst Mr Putin remains in power there are certain area's of Africa at risk from mercenary incursion that are no place to try and develop bona fide and properly regulated gold mines!
Are you suggesting that Centamin's operations are under threat from the Wagner Group?
If more sanctions is the answer then the question must be how do we continue to trash Western Europe's economies
In another country, Burkina Faso, as in Niger and Chad, former Wagner forces are now under firm control of the Africa Corps.
Young boys gather on top of a car while displaying flags of Niger, Burkina Faso and Russia during a demonstration for the immediate departure of United States Army soldiers deployed in northern Niger in Niamey. | AFP via Getty Images
https://www.politico.com/search?q=burkina+faso
Seven months after the fiery death of Yevgeny Prigozhin, the audacious oligarch whose private army known as the Wagner Group led an insurrection against Russian President Vladimir Putin, the Russian state is establishing control of the private mercenaries and putting them to work pursuing the Kremlin’s agenda.
The thousands of the former Wagner forces have splintered into at least four groups, according to two U.S. officials granted anonymity to discuss sensitive intelligence matters.
By mixing the fighters with other mercenaries loyal to Putin, the Russian government hopes to prevent a repeat of the events of last year, when a unified Wagner turned on Putin and his defense ministry.
“Part of the objective of the restructuring is to make sure there is more control over the operations overall,” one of the U.S. officials said.
In the Central African Republic, for instance, Wagner had taken control of a gold mine. In the wake of Prigozhin’s death, his former subordinates have significantly expanded the mine, U.S. officials said, but have not yet found a way to efficiently market and ship the minerals. They would reap hundreds of millions of dollars in profit on the global market.
https://www.politico.com/news/2024/04/28/wagner-fighters-russia-africa-00154595
Blood Gold Report: Key Findings
The Kremlin has earned more than US$2.5 billion from trade in African gold since Vladimir Putin launched his full scale invasion of Ukraine in February 2022.
n the Central African Republic (CAR), a Wagner front company has been awarded exclusive rights to the Ndassima mine, the country’s largest gold mine, in return for propping up an authoritarian regime.
In Sudan, “the Russian company” controls a major refinery that has allowed Wagner to become the dominant buyer of unprocessed Sudanese gold, with multiple accounts of Russian military transport planes shipping processed gold out of the country.
In Mali, Russian mercenaries are paid in cash – US$10.8 million per month according to US Intelligence – by a military junta that relies on a small number of international mining companies for the majority of its tax revenue. Canada’s Barrick Gold – the country’s top taxpayer – paid US$206 million to the junta in the first half of 2023 alone.
How to stop the Kremlin’s blood gold system
The Blood Gold Report recommends a suite of measures which, if taken collectively, can significantly hamper Wagner and Russia’s Blood Gold operations, and deliver a major financial blow to the Kremlin, to the benefit of African security and the defense of Ukraine.
These measures include:
WIDEN sanctions to automatically target any party that employs Wagner’s security services, ensuring fitting punishment for Wagner’s benefactors.
INTRODUCE stringent supply chain controls to prevent blood gold infiltration.
DEMAND real responsibility from international mining companies that do business with regimes and factions that employ and fund Wagner.
DESIGNATE Wagner a terrorist group and set the International Criminal Court on the mercenary group’s trail to ensure justice is served.
DEEPEN collaboration between allies and international partners to close gaps in the existing sanctions framework.
INCREASE support to African democratic states, independent media, and civil society groups directly and indirectly threatened by Wagner operations on the continent to both strengthen local resilience against Wagner’s hybrid tactics and demonstrate strength against Kremlin interference.
https://bloodgoldreport.com/