Looting Of Natural Reources Of Poor Countries

                                                           
                                             

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   Do you know that 42 metals are used in making telephone set, similarly 35 are used in manufacturing television and 30 metals are used in manufacturing a computer. Today not only in USA or European countries but the specific metals have gained importance in rising economies like China and India. Because all the electronic and electrical appliances are made up of several metals. This is the reason that companies are in search of new mines of metals/minerals in the world. According to a report every European and American uses metals of  worth lbs 47000, annually. This demand has to be fulfilled by the western mine exploring companies.
    Today there are 1800 companies that explore minerals, in the world. Ninety percent of the companies belong to western countries. Actually, these companies work for the benefit of the developed countries.  The majority of the mines of metals and minerals are in African, South American and Asian poor countries. These companies through tactics, corruption, evading the taxes and by force purchase mineral at cheaper rates from poor countries and sell to the richest countries at higher rates.This is the reason that western countries give some financial help to African countries but on the other hand the companies deprive these poor countries of $ 148 billion annually.