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Why Europe’s diamond control node undermines African sovereignty and the Kimberley Process
Experts say some of the stones in the piece are a match with the original diamonds central to a royal scandal.
Experts say some of the stones in the piece are a match with the original diamonds central to a royal scandal.
Worn at Queen Elizabeth IIโs coronation, the necklace has possible links to the downfall of Marie AntoinetteA mysterious diamond-laden necklace with possible links to a scandal that contributed to the downfall of Marie Antoinette has sold for $4.8m (ยฃ3…
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The diamond sector in Antwerp is preparing to apply the newly agreed sanctions against Russian diamonds.
The European Union agreed on Monday to slap Russia with a fresh round of sanctions, including the long-awaited import ban on diamonds.
An EU ban on Russian diamonds can start from 1 January, after Vienna agreed to let Kyiv keep an Austrian bank under pressure over trade in Russia.
EU countries agreed on a 12th package of sanctions against Russia, the European Council said on Thursday (14 December), meaning that a phased ban on Russian diamond imports among other measures will come into effect from 1 January.
Russian diamonds are one of the last resources not sanctioned by the G7, meaning the profits from selling them can go into the Kremlin’s war chest.
Two ruling-clan individuals, seven mercenary firms, and a ban on Russian diamonds are to be added to EU blacklists in time for the Christmas holidays
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One third of the world’s diamonds come from Russia, which so far has escaped sanctions for the trade.
The European Commission has sent member states an official proposal for a new round of sanctions against Russia, targeting imports of diamonds.
The 12th sanctions package would target the diamond trade, which Washington has sanctioned but the EU has not.
Head of state in a crown covered in 2,868 diamonds outlines Britain’s future.
US measures announced Thursday target Russian energy industry, metals and mining, defense procurement and banks.
Russian leader mocks Europe’s insect issues while scoffing at new round of sanctions.
The EU has confirmed it is going to strike Russia’s diamond industry in upcoming sanctions, spelling trouble for mining giant Alrosa and dozens of other companies.
“If we linked one [the Ukraine war] with the other [the Gaza war] then the next sanctions to befall Russia would be drastically more powerful,” an EU diplomat said.
Reuters exclusively reported that 7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from [โฆ]
The post G7 to discuss four versions of Russian diamond ban this week appeared first on Reuters News Agency.
The EU plans to limit trade in Russian diamonds in response to the countryโs invasion of Ukraine. From 2024, the G7 is expected to introduce a direct ban on the importation of Russian diamonds and will also develop a mechanism for indirect bans that wi…
Belgian backing for Russian diamond embargo critical as about 90% of worldโs diamonds pass through AntwerpRussia-Ukraine war โ latest news updatesWestern countries are โvery closeโ to finalising a ban on Russian diamonds from retail markets in countrie…
Western countries are “very close” to establishing a traceability system to sanctioning Russian diamonds, Belgian Prime Minister Alexander De Croo said during a surprise visit of President Volodymr Zelenskyy to Brussels.
Russia’s use of diamonds in corruption schemes in Europe and Africa gives upcoming G7 ban a strategic value beyond any moral or financial one, Ukraine says.
Western nations are sending representatives to India, home to 90% of the world’s cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said.
