The Diamond Cartel: History's Greatest Monopoly • Discoverology

The Diamond Cartel: History’s Greatest Monopoly

A cartel is a group of companies coming together to fix the price of a product. Like how major oil countries come together as the cartel OPEC, to fix the price of crude oil, except with a diamond. Once these locals catch on to how profitable the diamond trade is, they’ll started trading diamonds and smuggling it.

Related topics
Related posts
The ‘Lost Rambos’ Of Papua New Guinea: How Weapons And Hollywood Changed Tribal Disputes

The ‘Lost Rambos’ Of Papua New Guinea: How Weapons And Hollywood Changed Tribal Disputes

Crime Videos World

Tribal fighting has long been present in the Papua New Guinea highlands, but the influx of modern automatic weaponry in the 1990s turned local disputes into lethal exchanges. Bootleg copies of the American film Rambo circulated in remote communities, becoming a crude tutorial on the use of such weaponry.

Alcohol vs Drugs: Which Is More Dangerous?

Alcohol vs Drugs: Which Is More Dangerous?

Health Life Videos

The social drug of choice in Western culture is alcohol. Yet drinking is estimated to kill 100,000 a year in the UK alone. Should we wean ourselves off alcohol or even ban it, and instead promote other less harmful but currently illegal alternatives?

How Migration Could Make The World Richer

How Migration Could Make The World Richer

Economics Videos

Many of the recent political shifts in the West—the election of Donald Trump, the rise of populism in Europe and Brexit—can be partially attributed to the fear of mass migration. Yet increasing migration is one of the quickest ways to make the world richer.

The Story Of Freedom Ship

The Story Of Freedom Ship

Videos

Back in the 1990’s a man started a project from a dream he had to build not only the largest ship ever conceived, but to combine a family cruise line, airport and residential community all in one. His dream carried on through decades after and now seemingly stalled, a new CEO is taken the helm.

How Under Armour Lost Its Edge

How Under Armour Lost Its Edge

Business

Once heralded as the next Nike, the sportswear giant has been hurt by slumping sales and unflattering revelations about its corporate culture. It is grasping for a hold in the fiercely competitive sports apparel market even as it undergoes the biggest management shift in its history.

How The Nile Can Provide Life And Divide Nations

How The Nile Can Provide Life And Divide Nations

Nature Videos World

The Nile river plays a central role for all nations through which it flows and it forces them to cooperate. At the same time, the sharing of water can also lead to tensions. This video focuses on these two aspects by looking at two construction projects along the Nile.

“Abandoned”, The Story Of The S.S America Vessel

“Abandoned”, The Story Of The S.S America Vessel

History Videos

In 1940, a stunning and iconic vessel was launched called the S.S America. A ship of pride for the United States and after a long career in her golden years, the vessel ended up in a state of limbo for a while. She was left abandoned floating aimlessly until she was bought out and renamed to the SS American Star.

Aogashima, Tokyo’s Secret Island Paradise

Aogashima, Tokyo’s Secret Island Paradise

Videos World

Aogashima Island is famous for having a volcano inside a volcano surrounded by dense jungle. It’s also considered the smallest town in Japan and the hardest place in Japan to get to. There is no direct transportation to Aogashima.

Inside The Most Watched YouTube Channel In The World

Inside The Most Watched YouTube Channel In The World

Apps Business Tech

India’s T-Series built an online empire from Bollywood. Now it has to survive Netflix. Bhushan Kumar argues that T-Series has no reason to fear this invasion, and not just because it sits behind a moat filled with more than 200 million YouTube subscribers.

Watch Picasso Make A Masterpiece

Watch Picasso Make A Masterpiece

Art Videos

‘Le Mystère Picasso’ is a remarkable documentary film made by French director, Henri-Georges Clouzot, in which stop-action and time-lapse photography are used to capture Picasso at work. Not many of the works he created for the documentary survive but here’s how one of them came to be.

How Online Shopping Makes Suckers Of Us All

How Online Shopping Makes Suckers Of Us All

Business Long Reads Tech

Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way to far more exotic strategies, designed to extract every last dollar from the consumer.

How Slack Ruined Work

How Slack Ruined Work

Apps Business Tech

Slack is a particularly “scary offender” in stopping people getting their work done because it encourages them to be constantly distracted. It’s scary because messenger-based systems directly tap into how humans seek to reward themselves, and the long term result is unhealthy.

We use cookies on this website to analyse your use of our products and services, provide content from third parties and assist with our marketing efforts. Learn more about our use of cookies and available controls: cookie policy. Please be aware that your experience may be disrupted until you accept cookies.