War and Diamonds

Guests: Alex Vines Senior Researcher at Human Rights Watch Carola Hoyos United Nations Correspondent for the Financial Times Human rights groups are concerned with the sale of "blood diamonds," a term which has nothing to do with the color of the gem. These diamonds, mined in Angola, the Congo, Sierra Leone and other African nations are so-called because rebel fighters in those countries have been using them to buy weapons and finance their insurgencies. A UN resolution earlier this month has called for an embargo on these diamonds and many countries are considering banning them. The World Diamond Congress has been meeting in Antwerp, Belgium this week to come up with a solution in an effort to avoid a consumer boycott like the one suffered by the fur industry. Join Juan Williams and guests for a look at he history, economics, and politics of the diamond industry.

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