Rebels Release Goma Under Growing Pressure from the U.N.

The Sydney Morning Herald reported that rebels have pulled out of the strategic city of Goma as pressure mounts from the U.N. to withdraw foreign support.

As quoted in the market report:

Goma is the main city in the Kivu region abutting Rwanda and Uganda and has been the flashpoint for past wars fought largely over control of its vast mineral wealth including cobalt, copper, diamonds, gold and coltan, a key component in mobile phones.

To view the whole Sydney Morning Herald report, click here.