Luxagraf

I’ve been trying to follow the new in Sudan ever since I wrote about it for Wired, but it isn’t easy. Mainstream media seems to still ignore Africa, doubly so in the United States, but I did run across this post recently on a blog. If it weren’t such a sober topic I’d be tempted to find some wit in the word “genocidaires,” but the truth is people like you and I are enabling these bastards to make money off of a genocide.

The National Islamic Front regime in Khartoum seized power by military coup in 1989, deposing an elected government in order to abort the most promising peace process since Sudan’s independence in 1956. Since the 1989 coup, the regime has ruled by means of tyranny, a ruthlessly efficient network of security services, and a brutal domestic policy that includes serial genocide. This illegitimate cabal of genocidaires, largely unchanged since 1989, could not survive long without the economic and personal financial benefits that derive directly from foreign investment.

Consequently, as genocide continues to unfold in Darfur, and a final peace agreement between Khartoum and southern Sudan remains in diplomatic limbo, a number of observers have begun to argue that there can be no moral justification for holding equity investments in the many European and Asian companies that are now propping up the Khartoum regime by means of large commercial investments and capital projects.

Perhaps surprisingly to many Americans, a number of these European and Asian companies list their shares on the New York Stock Exchange and are held in many mutual funds and pension funds. Others list on the London Stock Exchange or exchanges in other countries. Still others seek to enter the US bond market (debt market) in order to raise American capital to support their enterprises in Khartoum and northern Sudan.

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