NAIROBI – At one of Hanoi’s priciest restaurants, a group of Vietnamese businessmen meet their new American partners to celebrate their latest venture. “A toast!” someone exclaims. They raise their glasses, filled with the finest scotch, which has been sprinkled with a fine powder. Not gold powder, as lesser moguls might offer, nor even the purest cocaine. No, this is far rarer and costlier: it is pulverized white rhino horn.
A half-century ago, white rhinos abounded in Africa. Today, the Inter...
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