G7 Countries to Ban Russian Diamonds Starting Next Year
The bloc of industrialized nations has been trying to find additional ways to squeeze Russia’s economy to constrain its ability to fund its war in Ukraine.
Source: time.com
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'Diamonds are in my blood': The Jain jewellery traders of Antwerp | Business and Economy
How did followers of Jainism, a faith that shuns attachment to material goods, come to boss the global diamond industry?
Source: aljazeera.com
A Belgian jewel: Antwerp, the city of diamonds, offers fabulous galleries and calorie-busting stew
After travelling there by train, Michael Hodges finds that the Belgian city is 'alive with activity', from the bustling Great Market Square to the newly-revamped Royal Museum of Fine Arts Antwerp.
Source: dailymail.co.uk
Eyes on Belgium as some EU states push for Russian diamond ban
The European Union must stop importing diamonds from Russia, five of the bloc's 27 countries said in a joint proposal seen by Reuters, as the EU prepares new sanctions against Moscow for waging war against Ukraine.
Source: rnz.co.nz
Antwerp′s diamond dealers to raise legal case over blocked dollar accounts | Business | Economy and finance news from a German perspective | DW
Dealers in the global hub of the trade in diamonds claim EU rules against money laundering are being used to discriminate against them. Around two-thirds of them have had their US dollar accounts frozen by their banks.
Source: dw.com