Myanmar's military has tightened its grip on the jade industry, report says

  • 📰 cnnbrk
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 55%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Myanmar's military has such strong control over the country's jade trade that it would be 'nearly impossible' to buy the gemstone without enriching the generals and their allies, a new report says

Hong Kong Myanmar's military has such strong control over the country's jade trade that it would be"nearly impossible" to buy the gemstone without enriching the generals and their allies, a new report said Tuesday.

Myanmar produces about 70% of the world's jade, worth billions of dollars and fueled in large part by demand in neighboring China.But the industry in Myanmar is wracked by conflict, corruption and environmentally destructive mining practices. Miners — often impoverished migrants who flock from other parts of the country — are at risk of death and injury from landslides. Exploitation, abuse and drug addiction are rife.

Myanmar's dark treasures 02:44The coup has destabilized the industry further, Global Witness said, triggering renewed fighting in jade mining areas. The report also found that jade money was being directly channeled into the arms trade between several ethnic armed groups, fueling conflict in northern Myanmar.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Birds come home to roost. You all are a bunch of unethical propagandist.

Let him go Flip his Face Like I want him to be possible First thing he will say Fake News 📰! Thank You

They were obviously watching how the Trump administration functioned.

Bol TV ka Malik bhi 2 number hai or inaamaat ka chakar de kr awam se croro rupe cheat kr rhe hn or mujhe se bhi 6 lakh rupees cheat Kiya gaya hai 03351400098

This just validates my decades-long policy of not buying jade.

'Isrel'Army demolish Palestinians Buildings & attack Palestinians Civilians Silwan in AlQuds Capital of Palestine. SaveSilwan SaveSheikhJarrah SaveBeita SaveBaitDajan SavePalestine PalestineUnderAttack FreePalestine انقذوا_سلوان انقذوا_فلسطين

Alert informations urgent Mrs macron wife of the french président as a problèm with the step a this age to palais élysée

This before and after in silwan today,Israeli occupation start demolition of 17 Palestinians homes to built a PARK if this isn't GENOCIDE CLEANSING and APARTHEID then what this is ?!!! Why cnn don't cover this! SaveSilwan

Didn’t Trump do that with PPE early on in the pandemic?

China is their main buyer of jade. China should boycott jade. That will never happen.

This is Lagos 🌅🦅 Africa Smartest City | 5 Things You didn’t know about Lagos Nigeria 🇳🇬

The coup only aggravated the nexus of corruption and violence that marks the military's role in the jade industry .

😥😥😥

The son of army chief Senior General Min Aung Hlaing is among those who directly profited from the enterprise .

What's your definition of 'breaking news'?

Myanmar's military is using the industry to finance the February 1 coup that plunged the country into turmoil .

[Copied] Today, Israeli occupation forces stormed Al-Bustan neighborhood in occupied Jerusalem and turned into rubble this commercial store, which belongs to Mr. Nidal Rajabi, a local Palestinian citizen. SaveSilwan

[Copied] Israeli occupation forces assault residents of Silwan before demolishing their homes & shops. [r]

[Cp] Israeli occupation forces fire teargas canisters and rubber-coated bullets at Palestinian citizens during a raid of the neighborhood of Al-Bustan in the town of Silwan,occupied Jerusalem, today.The forces destroyed a commercial store during the raid.

How horible. I'll only buy jade for the execution temple.

Myanmar army ' tightens grip ' on multibillion jade trade .

Excuse me,but the world need to see what zionist do. Occupation demolished a shop in Al Bustan,Silwan.

I fully believe Crypto or Bitcoin is the future of finance and so far I have earn massively since I joined, thanks to Robin Moore for her earning update and tips on how to earn using her trade signal, reach out to her Whatsapp +1213262 7458 Bitcoin fixes world monetary problems

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 393. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines