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Friday, January 07, 2011

Cables Reveal How US and UK Sought to Plunder Zimbabwe’s Resources

The cables track this human tragedy through the indifferent eyes of American diplomats, whose main concern was always for the potential profits to be made from Zimbabwe’s natural resources. They chart the efforts of US, British and European diplomats, often working through the UN, to establish a regime that will open up the country to international investment.

In reality, this was a tragedy largely manufactured by the international financial institutions that Washington sponsors. When the International Monetary Fund attempted to impose a structural adjustment programme in Zimbabwe at the end of the 1990s, Mugabe broke from it because he realised that it would mean dismantling the system of patronage on which he depended to remain in power. "Let that monstrous creature get out of our way," he declared, and attempted to find other sources of international finance.'

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