RE:RE:RE:Nevsun Red Flags For RMC ShareholdersONE risk that matters. Eritrea. Google Eritrea and all you get is negative articles. Too much to post here. Most recent history of Eritrea below.
1993 - Eritrea votes for independence from Ethiopia in a UN-sponsored referendum and gains international recognition.
1997 - New constitution is drawn up but never implemented.***
1998-2000 - Border war with Ethiopia. Tens of thousands are reportedly killed.
2009 - UN imposes sanctions on Eritrea for its alleged support of Islamist insurgents in Somalia.
2015 - UN report accuses the Eritrean government of crimes against humanity.
***Eritrea is a one-party state, and its 1997 constitution - which provided for the existence of multi-party politics - has never been fully implemented. Military conscription is mandatory and indefinite, according to Amnesty International.