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RUSSIAN DIAMOND SANCTIONS
EU defers ban on Russian diamonds by six monthsA few other relaxations, like ring-fencing old stocks, announced by the European Commission, the executive arm of the EU, would give a furt...- EU sanctions Russia's largest diamond producer AlrosaThe European Union on Wednesday imposed sanctions on Russia's state-run diamond giant Alrosa and its CEO as part of a ban on imports of the...
- EU adopts 12th package of sanctions against RussiaThe package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanct...
- G7 leaders may ban Russian diamonds, roll out steps to cap crude priceOn the oil side, western nations have admitted that the impact of their $60 price cap on Russian crude oil has waned one year in, and the c...
- Diamond trade polishes its act as Russia sanctions loomAs European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are bracing for new scrutiny ...
- Ukraine removes Shree Ramkrishna Exports from war sponsors listUkraine has removed Shree Ramkrishna Exports (SRK), one of the world's largest diamond producers, from its list of international sponsors o...
- G7 has no problem with India buying Russian diamond, but there's a catchThe communication is a breakthrough for domestic diamantaires as G7's sanctions on Russian stones have been a setback for the nearly 1.5 mi...
- India asks US to allow release of funds frozen over suspected Russia diamond linkIndia has asked the U.S. to allow the release of $26 million belonging to at least two Indian diamond firms that was frozen due to their al...
- India asks US to release funds frozen over suspected Russia diamond link: SourcesIndia has requested the US to release $26 million frozen by the Office of Foreign Assets Control (OFAC) due to alleged trade links with san...
- US freezes $26-m fund transfers by Indian diamantairesOffshore subsidiaries of Indian diamond merchants have had fund transfers worth almost $26m frozen after US authorities claimed the rough d...
- Indian diamond traders explore non-US marketsRecession is not the only factor that has brought down exports of diamonds to the US from India, which is said to cut and polish nine out o...
- Surat on mind, gems body takes up Russia diamonds with USCutting and polishing of rough diamonds have seen a decline in Surat following the US sanctions on Russian miner Alrosa, imposed over Russi...
- Plan to slap fresh sanctions on Russia's Alrosa could hit Surat diamond workers“We have been hearing from different sources that there will be fresh sanctions and it will start with large diamonds,” Gem & Jewellery Exp...
- India may lose Russian facet of diamond tradeAbout a week ago, officials of the US State Department and European Union (EU) alerted leading diamantaires and jewellers in Mumbai that pl...
- Russia’s secret gem sales are dividing the diamond worldThere’s a handful of Indian and Belgian buyers who are snapping up large volumes at lucrative terms, getting to pick and choose the diamond...
- Fresh sanctions on Russia cut Gujarat diamond workers, tooWorking hours have been reduced to eight hours from 12 and units have declared two days off weekly, which is having a bearing on the wages ...
- US lawmakers want India to restrict sale of Russian-origin diamondsA bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of...
- Indian companies plan payment in roubles to get around US sanctionsAt present, all diamond purchases are done in US dollars and the government is trying to use other currencies for trading with countries th...
- Diamond consumption in India, China to equal US: Andrey Polyakov of ALROSAWe will spend a lot of money along with retailers and polished diamond producers on marketing to drive demand for this special stone.
- Here's why the US doesn't want to ban Russian diamond importsWhile Russia could face more severe sanctions as the situation in East Ukraine remains tense, Morgan Stanley analysts rule out diamonds fro...
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