Tag: gold
-
EU sanctions on Sudanese gold miss their point because Sudanese gold is imported and sold by the United Arab Emirates
The EU has imposed sanctions on gold imports from Sudan, seemingly to help cut off revenue streams to the warring parties in the country. However, these sanctions are one-sided and are more harmful to the Sudanese government than to the Rapid Support Forces, which the EU has recently proposed designating as a terrorist organisation. The…
-
Malta’s Central Bank was a net-seller of gold during gold’s biggest rally
Malta’s central bank has been on the other side of the trade in the current gold bull-market, having been an unusual net seller among most central banks which have been net buyers. Whether this is is a good or a bad thing, depends on your perspective and the priorities being made by the Central Bank…
-
How the United Arab Emirates made the RSF leaders rich
The genocidal Rapid Support Forces, previously the Janjaweed, are mainly funded via the United Arab Emirates by gold exports such as from the Jabal ‘Amir gold mines which are currently under the control of the RSF. Independent Sudanese experts suggest that most of the gold produced in Sudan is smuggled to the UAE illegaly. Sudan…
-
Brazilian gymnast Rebeca Andrade wins Gold in the floor routine
Brazilian gymnast Rebeca Andrade has clinched her first Gold Medal in the Paris Olympics in the floor routine, with Simone Biles coming second. Previously, Rebeca Andrade came second in the vault routine in which Simone Biles came first. The pair have had a friendly rivalry during these Olympics as they were seen interacting between each…
