G7 Imposes Import Restrictions on Russian Diamonds in Leaders’ Statement, Targeting Revenue Source
Editor’s NoteThis article reports on the G7’s decision to impose import restrictions on Russian diamonds, a measure intended to curtail a major…
Sanctions
G7 Leaders Hold Talks with Zelenskiy, Agree on Solidarity and Ban on Russian Diamonds
Editor’s NoteThis article reports on the G7’s reaffirmed solidarity with Ukraine and new sanctions targeting Russian diamonds. G7 Leaders Hold Talks…
No Gunfire Like the Middle East War, But… A Silent Trade War
Editor’s NoteAs geopolitical tensions reshape global trade, the EU is taking a firmer stance on economic security. This article examines Brussels’…
【Russia】Russia Launches First Digital Financial Assets for Precious Stones
Editor’s NoteThis article reports on Russia’s first issuance of digital financial assets (DFAs) linked to the price of a diamond, aiming to lower the…
【Yakutia, Rus】Russian Company Finds Record Diamond, Cannot Sell It
Editor’s NoteThis article reports on the discovery of a record 390.7-carat diamond in Russia, the country’s largest in over a decade. It also notes…
【Brussels, Be】Belgium Supports Ban on Russian Diamonds
Editor’s NoteBelgium, a key hub in the EU’s diamond trade, has announced its support for banning Russian diamonds as part of sanctions against the…
【Belgium】Russian Diamonds: G7 Considers Measures Amid Ukraine War
Editor’s NoteThis article discusses the G7’s move toward banning Russian diamond imports, a significant step that could reshape the global diamond…
【Mirny, Yakut】Record Diamond Found in Russia – But Sanctions Could Prevent Sale
Editor’s NoteThis article examines the commercial challenges facing Russia’s diamond industry following a record gemstone discovery, highlighting how…
【Sakha Republ】Decade’s Largest Diamond Found in Russia – US Sanctions Complicate Sale
Editor’s NoteThis report details the discovery of a significant 390.7-carat diamond by Russia’s Alrosa. It is important to note that Alrosa is…
【Mumbai, Indi】Diamond Industry: US May Halt Import of Real Diamonds from India, Here’s the Reason
Editor’s NoteThis report from Mumbai highlights a significant downturn in India’s diamond trade, driven by reduced global demand. The resulting price…