After close to two years of conflict, the global diamond market is set to feel the full consequences of the war in Ukraine. The European Union earlier this month added the world’s biggest diamond producer, Russia’s Alrosa, to its sanctions list alongside its CEO, Pavel Alekseevich Marinychev. The new year marked the start of an […]
Manchester City eased into the final of the Club World Cup with a comfortable 3-0 win over Japanese side Urawa Red Diamonds on Tuesday. Without Erling Haaland, the Champions League winners needed an own goal to launch their campaign in Saudi Arabia but second-half strikes from Mateo Kovavic and Bernardo Silva saw them stroll to […]
BRUSSELS (Reuters) – The Group of Seven countries announced a direct ban on Russian diamonds starting Jan. 1 followed by phased-in restrictions on indirect imports of Russian gems from around March 1, a statement said on Wednesday. The G7 has been weighing various proposals for how to restrict the import of Russian diamonds and the […]