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Friday, 1 January 2010 - Guinea seen stagnant as leader health question drag |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Afghan attacks kill 7 CIA employees, 5 Canadians | Video 1:59pm EST Plot exposes fissure in U.S. intelligence community 11:54am EST Nigeria says plane bomber began journey in Ghana 2:58pm EST Pakistan seeks terrorism charges against Americans 9:01am EST Iranian authorities vow "no mercy" to opponents 1:27pm EST Tiger Woods scandal cost shareholders up to $12 billion 29 Dec 2009 Treasury to dole out $3.8 billion to GMAC, raise stake 30 Dec 2009 Chavez says Obama "illusion" over 28 Dec 2009 Facebook, Twitter top list of weird stories in 2009 29 Dec 2009 Employers see uptick in hiring in 2010 29 Dec 2009 Guinea seen stagnant as leader health question drag Saliou Samb CONAKRY Thu Dec 31, 2009 11:46am EST Related News UPDATE 2-Shot Guinea junta chief in no state to return-France Wed, Dec 9 2009 UPDATE 2-Guinea's Camara well, to address nation soon -spox Tue, Dec 8 2009 Guinea army rounding up, torturing suspects -police Tue, Dec 8 2009 UPDATE 2-Guinea's Camara "part of problem" - region chief Mon, Dec 7 2009 Some mining staff quit Guinea, production steady Mon, Dec 7 2009 CONAKRY (Reuters) - Guinea will make no economic or social progress until uncertainty over the health of its wounded junta chief is resolved, potential investors and Conakry residents said on Thursday. World Defense Minister Sekouba Konate assumed interim control over the mineral-exporting West African country after a failed assassination attempt on the military ruler on December 3. Junta leader Captain Moussa Dadis Camara, known to most Guineans as "Dadis," remains in a Moroccan hospital. Guinean officials say his health is improving, but Dadis, for most of 2009 a fixture on Guinean airwaves, has made no public appearance since then. "It's a matter of urgency to get out of this situation as quickly as possible, otherwise the coming months are going to be very tough," said Boubacar Diallo, an executive with a Nigerian bank which is close to opening an operation in Guinea. "As long as the situation is unclear, and until Guineans are properly informed about the health of their leader, the economy will continue to slow down," he said. A measure of economic regression in the world's biggest exporter of aluminum ore bauxite -- shipments of which have fallen this year -- is the cost of foreign currency. On the black market, U.S. dollars changed hands for 6,250 Guinean francs this week, up from around 5,000 francs before September 28, when security forces killed more than 150 pro-democracy marchers. ELECTION Earlier this month, the United Nations said Dadis bore direct responsibility for those deaths. The sight of some Guineans recently damning France for the former colonial power's criticism of Dadis perplexed shoeshine man Alpha Sow. "I don't understand how people can demonstrate for the return of someone who's supposed to have recovered his health, but who hasn't said anything in public for almost a month," said Sow. "It's time to move on." Opposition parties, trade unions and the international community have called for elections to be organized since Dadis and his National Council for Democracy and Development seized power in a bloodless coup last December. On Thursday, the country's prime minister, Kabine Komara, said a vote should be held as soon as possible. "Everyone's priority is to make real the hope expressed by Guineans, which is to move the country peacefully to free and democratic elections," he told journalists in the capital. Since Dadis was airlifted to Morocco, Guineans have received no reliable information about his condition, according to civil society coalition the Guinean Social Movement (MSG). "This lack of respect shown to the people is an unacceptable situation which creates a malaise fed by the statements made without any medical basis by members of the government," said the group, which threatened to stage peaceful protests in January. "The MSG calls on you to take responsibility for a rapid exit from this crisis," the group told Konate in a statement. (Writing by Daniel Magnowski; Editing by Giles Elgood) World   Add a Comment More from Reuters EPA questions New York state plan to drill for shale gas PHILADELPHIA (Reuters) - The U.S. Environmental Protection Agency has "serious reservations" about allowing shale gas drilling in New York City's watershed, warning of a threat to the drinking water for 9 million people. Time Warner Cable, Fox at impasse; blackout looms Nigeria says plane bomber began journey in Ghana AT&T ends sponsorship of scandal-hit Tiger Woods Iranian authorities vow "no mercy" to opponents CIA probes how bomber penetrated Afghan base | Video » More Top News OUTLOOK 2010: The coming Great Inflation Real or imagined, Americans have plenty of things to worry about. Should inflation be one of them?  Full Article  Factbox: Key political risks ahead The best of years follows the worst ECONOMY Bernd Debusmann: Killing people is easier than killing ideas All the talk about hunting down those responsible for attacks on the U.S. has a familiar ring.  Commentary  Spy chief in focus after botched attack Plot unveils cracks in U.S. intelligence U.S. © Copyright 2009 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal ECVJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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