The article discusses the legacy of King Leopold II's brutal rule in the Congo, where an estimated 10-15 million people died as the land was exploited for resources. Today, the DRC's rich mineral reserves, including cobalt and coltan, are under contention among global powers like the U.S., Russia, and China, all seeking these resources for advanced technologies and military needs. Amidst fluctuating market prices and economic challenges, the DRC has implemented export restrictions to stabilize its economy, highlighting ongoing power dynamics reminiscent of colonial exploitation.
Under King Leopold II, the Congo was treated as a personal fiefdom, resulting in the deaths of 10-15 million people and immense wealth for colonizers.
As global powers compete for critical minerals in the Congo, the region’s resources remain central to the world’s digital economy and military ambitions.
With cobalt prices plummeting, the DRC is imposing export restrictions as it attempts to stabilize its economy amidst ongoing resource competition.
The U.S., Russia, and China are actively seeking to dominate the mineral-rich Congo, showing that historical patterns of exploitation have not ended.
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