{"id":120979,"date":"2021-09-06T16:41:23","date_gmt":"2021-09-06T16:41:23","guid":{"rendered":"https:\/\/fin2me.com\/?p=120979"},"modified":"2021-09-06T16:41:23","modified_gmt":"2021-09-06T16:41:23","slug":"army-coup-leaders-summon-guinea-ministers-after-condes-ouster","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/army-coup-leaders-summon-guinea-ministers-after-condes-ouster\/","title":{"rendered":"Army coup leaders summon Guinea ministers after Conde's ouster"},"content":{"rendered":"

CONAKRY (Reuters) – Soldiers who ousted Guinean President Alpha Conde summoned his ministers and top government officials to a meeting on Monday, a day after a coup which drew international condemnation.<\/p>

FILE PHOTO: Guinean President Alpha Conde delivers a speech during a ceremony marking the 75th anniversary of the Allied landings in Provence in World War Two which helped liberate southern France, in Boulouris, France, August 15, 2019. REUTERS\/Eric Gaillard\/Pool<\/figcaption>

A spokesman for the army unit told state television that failure to attend the 1100 GMT meeting would be considered a \u201crebellion\u201d.<\/p>\n

The takeover in the West African nation that holds the world\u2019s largest bauxite reserves, an ore used to produce aluminium, sent prices of the metal skyrocketing to a 10-year high on Monday over fears of further supply disruption in the downstream market. There was no indication of such disruption yet.<\/p>\n

Light traffic resumed, and some shops reopened around the main administrative district of Kaloum in Conakry which witnessed heavy gunfire throughout Sunday as the special forces battled soldiers loyal to Conde. A military spokesman said on television that land air borders had also been reopened.<\/p>\n

However, uncertainty remains. While the elite unit appeared to have Conde in detention, telling the West African nation on state television that they had dissolved the government and constitution, other branches of the army are yet to publicly comment.<\/p>\n

The special forces unit is led by former French foreign legionnaire officer, Colonel Mamady Doumbouya, who said on state television on Sunday that \u201cpoverty and endemic corruption\u201d had driven his forces to remove Conde from office.<\/p>\n

The apparent coup has been met by condemnation from some of Guinea\u2019s strongest allies. The United Nations quickly denounced the takeover, and both the African Union and West Africa\u2019s regional bloc have threatened sanctions.<\/p>\n

In an overnight statement, the U.S. State Department said that violence and extra-constitutional measures could erode Guinea\u2019s prospects for stability and prosperity.<\/p>\n

\u201cThese actions could limit the ability of the United States and Guinea\u2019s other international partners to support the country,\u201d the statement said.<\/p>\n

Regional experts say however that unlike in landlocked Mali where neighbours and partners were able to pressure a junta there after a coup, leverage on the military in Guinea could be limited because it is not landlocked, also because it is not a member of the West African currency union.<\/p>\n

Although mineral wealth has fuelled economic growth during Conde\u2019s reign, few citizens significantly benefited, contributing to pent-up frustration among millions of jobless youths.<\/p>\n

Despite an overnight curfew, the headquarters of Conde\u2019s presidential guard was looted by people who made off with rice, cans of oil, air conditioners and mattresses, a Reuters correspondent said.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CONAKRY (Reuters) – Soldiers who ousted Guinean President Alpha Conde summoned his ministers and top government officials to a meeting on Monday, a day after […]<\/p>\n","protected":false},"author":3,"featured_media":120978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nArmy coup leaders summon Guinea ministers after Conde's ouster - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/army-coup-leaders-summon-guinea-ministers-after-condes-ouster\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Army coup leaders summon Guinea ministers after Conde's ouster - Fin2me\" \/>\n<meta property=\"og:description\" content=\"CONAKRY (Reuters) – Soldiers who ousted Guinean President Alpha Conde summoned his ministers and top government officials to a meeting on Monday, a day after [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/army-coup-leaders-summon-guinea-ministers-after-condes-ouster\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-06T16:41:23+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/09\/Army-coup-leaders-summon-Guinea-ministers-after-Condes-ouster.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/army-coup-leaders-summon-guinea-ministers-after-condes-ouster\/\",\"url\":\"https:\/\/fin2me.com\/markets\/army-coup-leaders-summon-guinea-ministers-after-condes-ouster\/\",\"name\":\"Army coup leaders summon Guinea ministers after Conde's ouster - 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