Medvedev looking for diamonds in the rough in Angola
Published: 26 June, 2009, 21:12
Edited: 12 October, 2009, 01:00
Diamonds, oil and gas were the key topics discussed by Russia and Angola during President Dmitry Medvedev's visit to the country.
We have lots of diamonds! However, what their worth is, is very much dependant on the market. This market has changed a little over time with regard to marketing, supply and volumes. Russia has a huge interest in a stable Diamond market, we don't want fire sales of Gems. It doesn't suit us. What we want is a market that meets our needs, we believe this also suits the needs of other suppliers too. Russia therefore maintains an intricate network of contacts in the industry to cover marketing, supply and sales volumes. It is quite simply a Cartel that Russia takes part in, very much like OPEC is for oil. We do this to try to maximise the revenue per year from the business. The truth is there is very little competition in the diamond market, but amazingly you don't hear too many people screaming about it! Like Cartels, Diamonds are forever! The reference to rough, was a play on words, rough being the terminology for diamonds straight from the ground and also for a rugged 'Angola' - a rough Angola.
The Soviets under General Konstain Shaganatovitvh were routed, and Gorbachov order a complete withdrawal from Cuito Cuanavale, better known as Apartheid's Stalingrad it was saved and fought by the resourceful Cuban fighters, who not only reversed the fortune of the battle but destroyed the entire South African's Armour piece meal as well, Cuban pilots unlike the Arab used the MIG 23 Fighter with devastating effect and cleared the skies from South African air force. Old habits are hard to die the ghost of Radio Moscow of Soviet Era is still lurking in the background and subconscious Stalinist propaganda with good deal of Goeblesian ethos is still there, yes good Russia and its Russian, Changeable I am yes somehow idem sempre .
I believe Russia have already the most diamonds in the world.,excuse i did not see the word rough diamonds.anyway could be wrong my assumptions.