Jewels of the Junta Bloodstained Rubies Fund Burmese Regime

Most of the world's finished rubies originate in Burma, where the junta earns millions by mining them. Jewelers in Europe and Asia rake in handsome profits from the stones and believe they're helping rebels -- as long as the stones come through middlemen. They are probably wrong.
Von Beat Balzli
Rubies command tens of thousands of euros per carat on world markets. This 18.28 carat ruby and diamond ring was auctioned by Sotheby's in Geneva in 2006.

Rubies command tens of thousands of euros per carat on world markets. This 18.28 carat ruby and diamond ring was auctioned by Sotheby's in Geneva in 2006.

Foto: REUTERS
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