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Opinion | Rape as a Weapon of War: A Growing Issue in Ethiopia’s Tigray Region and Throughout Africa

In Ethiopia’s Tigray and Across Africa, Rape Has Been Used as a Weapon of War

Women in Tigray have been subjected to unimaginable crimes during both the war and its ongoing, tumultuous aftermath. Over 100,000 women in Tigray are thought to have experienced conflict-related sexual violence. Health experts recently estimated that over 40 percent of Tigray’s women experienced some type of gender-based violence during the war. Most of them— a whopping 89.7 percent— never received any post-violence medical or psychological support.

Survivors have reported that foreign objects were inserted in their bodies, that their children were murdered in front of them, that they were forced into sexual slavery, starved, and intentionally infected with H.I.V. and other sexually transmitted infections. One victim recalled being told that she was being raped because “a Tigrayan womb should never give birth.” Some survivors are now taking care of children fathered by their rapists. Others are likely becoming new survivors of conflict-related sexual violence themselves, with little hope of recourse from the government.

Unfortunately, the women of Tigray are not alone. Today, conflict-related sexual violence remains a persistent issue across the Horn of Africa. United Nations experts have expressed alarm about the reported widespread use of rape by the Rapid Support Forces in Sudan’s ongoing war, a horror eerily reminiscent of the genocide in Darfur, where women experienced sexual violence en masse. In Eritrea, Tigray’s neighbor to the north, women conscripted into the federal army have been reportedly subjected to sexual violence during compulsory national service. In Somalia, to the east, women living in refugee camps and centers for internally displaced people face high numbers of gender-based violence and are often targeted by predatory clan militias and soldiers. Outside of the Horn, the Democratic Republic of Congo has witnessed alarming levels of sexual violence during its ongoing conflict, with especially high numbers of child victims.

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It’s a practice that continues to be used with impunity despite international pledges to eliminate it. In 2022, President Biden released a memorandum on conflict-related sexual violence, pledging to strengthen the U.S. government’s commitment to combat and hold accountable those responsible for such violence. The European Union continues to release statements on the need to end C.R.S.V. worldwide. And U.N. Resolution 1325, passed nearly 25 years ago, calls on “all parties to conflict” to take special measures to protect women and girls from gender-based violence, particularly sexual abuse, in the context of armed conflict. Still, the violence and impunity continue.

To put an end to conflict-related sexual violence, women’s voices must be included at every level of decision-making. Research shows that when women participate in a peace process, it lasts longer; maintaining peace is one way to ensure that conflict-related atrocities do not continue. In the context of Tigray, this will require the active engagement and participation of women in designing and implementing protection measures, shaping legal and judicial actions, and contributing to sustainable peace-building initiatives. One good example to follow would be Liberia, where women, including survivors, spearheaded movements that played a critical role in ending a brutal civil war characterized by extensive rape.

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Is now the right time to invest in gold as prices have cooled?

Now may be the time to buy gold following a recent lull in its price.

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The price of gold has climbed to record highs recently and has remained strong through much of April. And, that growth continued until the precious metal traded at around $2,390 per ounce on April 19, 2024. But since, growth in the price of the precious metal has cooled, with gold’s price now hovering around $2,300 per ounce.

This lull in gold’s price may represent an investment opportunity.

In general, investing is centered around buying assets when prices are low and selling them when prices are high – generating a profit on the difference between the two. So, considering the declines in gold’s price over the past few days, now may be the time to make your investment. But is buying gold during this lull in prices really a good idea?

Compare your gold investment options among leading brokers now.

Gold prices have cooled. Should you buy in now?

With gold’s price down from recent highs, you may be wondering if now is the right time to buy in. There are several reasons the dip in gold’s price may represent an opportunity to buy. Here are some of the biggest:

Prices may rise again

If looking at a gold price chart shows anything for certain, it shows that changes in the overall growth of the medal come in fits and spurts. Periods of price growth are typically followed by periods of declines and vice versa.

But with inflation rising in recent months – and with gold’s reputation as a safe-haven asset that can hedge against inflation – it only makes sense that the price of the precious metal will eventually start to head up again in the future. While attempting to time that directional change may be tricky, buying the precious metal while the price is down gives you the opportunity to take advantage of any upward movement that may be ahead.

Add gold to your portfolio now before prices have a chance to rise.

You may be able to make a quick profit

Gold isn’t known as an asset in which you can earn a quick return, but in today’s market, that may be the case. Don’t forget that in January, gold was trading at just $2,000 per ounce. And, by mid-April, the commodity’s price had climbed to around $2,400 per ounce. That’s about 20% growth in a matter of months, much of which happened since March 1 – an impressive climb for any investment asset.

Perhaps more importantly, gold’s price growth through the beginning of 2024 shows that the commodity doesn’t have to be a buy and hold style investment that you keep in a safety deposit box or precious metal depository for years to come. There’s also the possibility that the commodity’s price could climb further ahead, making it a compelling way to potentially generate a quick profit.

There are other benefits of investing in gold

There are other benefits of investing in gold that have little to do with the price growth seen thus far in 2024 – or the lull in prices seen over the past couple of days. Those benefits include:

Inflation protection: Gold has long been considered an inflation hedge, and for good reason. When inflation drives the prices of consumer goods and services up – and the value of the dollar down – gold’s price tends to rise. So, it could be used to maintain the value of your portfolio during inflationary economic conditions. That’s important in today’s economic environment as stubborn inflation continues to weigh on the value of the dollar.
Portfolio diversification: Gold’s price doesn’t always move in the same pattern that bonds or stocks do. So, mixing a reasonable amount of gold into your portfolio (up to 10% of your portfolio assets) as a diversifier could protect you from losses should one or more of your traditional portfolio assets fall in value. “If you have less than 5% – 10% of your net worth in commodities & FX (forex), you should absolutely consider adding exposure to gold and other precious metals,” says Vijay Marolia, money manager and managing partner at the wealth management firm, Regal Point Capital.

The bottom line

Gold’s price has fallen from recent highs – which may represent an opportunity to tap into growth ahead. However, gold isn’t simply a “buy while it’s low and sell while it’s a high” kind of investment opportunity. The commodity can also protect your portfolio from the stubborn inflation we’ve seen thus far in 2024 while acting as a diversification tool that could increase your risk-adjusted portfolio returns. So, consider adding gold to your portfolio today while it has the potential to grow in value.

Joshua Rodriguez

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he’s not working, he enjoys time with his wife, two kids, two dogs and two ducks.