The European Commission adopted the twelfth package of sanctions against Russia in the context of the war in Ukraine. For the first time, Brussels has encountered diamonds, whose lucrative exports have been forgiven until now. But above all, the new package aims to close loopholes in oil restrictive measures that allow Moscow to continue exporting […]
Tag: diamonds
In the world of old and new diamonds
Teresa Stylińska II Diamonds, apart from the fact that their beauty and splendor inspire admiration and pride in their owners, also bring problems. Also politics. They are eternal – even those who aren’t really into Bond stories know this. They are bloody because the money they sell can be used to fight wars. They are […]
World’s largest new building
Until recently, few people knew about the Indian city of Surat, which was overshadowed by other more popular metropolises like Mumbai and New Delhi, but now there is a big reason why this city center is on everyone’s lips. It is where the world’s largest new building sits: the Surat Diamond Exchange, a recently completed […]
“Russian diamonds are not forever”
The UK has announced that it is banning imports of a number of mineral resources from Russia, including diamonds. A decision that has now cornered the European Union, which has so far fend off internal and external pressures to end its gems trade with Moscow, has impacted a total of 3.7 billion euros in annual […]
Because the EU does not impose sanctions on Russia’s nuclear power and diamonds as Kiev wants.
The European Union must include diamonds and Russian nuclear energy in its tenth package of sanctions. Ukraine’s Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, who met in Brussels with the permanent representatives of 27 member states (EU ambassadors), reiterated Kiev’s request. “The important thing for us is to persuade our partners to impose […]
Study suggests Mercury’s crust may be full of diamonds
The discovery was presented by planetary scientist Kevin Cannon of the Colorado School of Mines in the United States. To test his theory, he developed computer models to simulate 4.5 billion years of meteorite impacts, enabling the development of about 16 quadrillion tons of diamonds. Meteorite impacts would have been strong enough to turn graphite […]