【India】Diamond Industry in Crisis: Worsening Conditions Due to Declining Orders – GTRI
Editor’s NoteIndia’s diamond industry is grappling with a severe downturn, marked by falling trade volumes, factory shutdowns, and significant…
Economic Impact
【Surat, India】Peak Season Yet Empty! Trump’s 50% High Tariffs Take Effect Tomorrow, Orders Evaporate at India’s World’s Largest Diamond Center
Editor’s NoteIndia’s diamond industry, the world’s largest cutting and polishing hub, is confronting a severe downturn. Plummeting demand from China…
【New York Cit】The Economic Value Created by the 2024 Met Gala
Editor’s NoteThe Met Gala is far more than a celebrity red carpet; it’s a multi-billion dollar economic engine. This article explores how the event…
【Germany】Import Ban on Russian Diamonds: Will Jewelry Become More Expensive?
Editor’s NoteThis article highlights concerns from the German jewelry and watch industry that the EU’s import ban on Russian diamonds may lead to…
【Russia】What Sanctions Has Russia Faced So Far and What Are Their Economic Impacts?
Editor’s NoteThis article provides a clear, foundational explanation of what sanctions are and their role in international relations. It serves as a…
【Moscow, Russ】What sanctions are on Russia and has the Russian economy been affected? Questions on the 2nd anniversary of the Ukraine war
Editor’s NoteThis report details the latest round of sanctions imposed by Western nations on Russia, citing the death of opposition figure Alexei…
【Brussels, Be】War in Ukraine: Russian Diamonds Banned from Import into Europe… What Economic Consequences for Russia?
Editor’s NoteThe EU has expanded its sanctions regime to include Russian diamonds, marking a significant escalation in economic pressure. This…
【La Paloma, U】Government Launches Tender for Luxury Hotel-Casino Construction in La Paloma
Editor’s NoteThe government has initiated a tender for a major luxury hotel-casino development in La Paloma, aiming to stimulate tourism and economic…
【Antwerp, Bel】Antwerp, Belgium’s ‘Diamond Capital’, Sees Wave of Closures on Its Historic Diamond Street
Editor’s NoteThis article examines the profound impact of geopolitical sanctions on Antwerp’s historic diamond district, highlighting how global…
Diamonds Have Lost Their Sparkle. Prices Will Continue to Fall.
Editor’s NoteThis article examines the recent downturn in diamond prices, which have fallen significantly from their 2022 peaks. It explores the…