Free Republic

Guinean soldiers said they had overthrown president Alpha Condé in an apparent military coup, less than a year after he won a controversial third term in the mineral-rich west African country. A group of armed men appeared on state television on Sunday dressed in fatigues and draped in national flags, declaring that Guineans were being mistreated by the country’s elites. “We are capable of taking our destiny in our own hands,” one of the soldiers said in the state TV broadcast, adding that the constitution would be dissolved and the borders closed for one week. But Guinea’s defence ministry said...

FOX News reports the 86-year-old financier and manager of a global network of nonprofits will be forced by BSG Resources’ lawsuit to answer for manipulating the politics and economics of Guinea for his own benefit Despite Soros’ often contentious dealings and reputation as a pompous busybody, the filing in New York Federal Court has thus far largely escaped the spotlight. Soros, who controls a web of international nonprofits in addition to his vast financial empire, used his sway with the government of Guinea to freeze Israeli company BSG Resources out of the West African nation’s lucrative iron ore mining contracts,...

Companies controlled by Israeli mining magnate Beny Steinmetz sued fellow billionaire George Soros, claiming he cost them at least $10 billion through a defamation campaign that stripped them of rights to an iron ore deposit in Guinea and other business opportunities around the world. Soros funded law firms, transparency groups, investigators and government officials in Guinea in a coordinated effort to ensure BSG Resources Ltd. lost the rights to the Simandou deposit in April 2014, BSGR said in a complaint filed Friday in Manhattan federal court.