The diamond-covered e-cigarette, Forbes tells readers to buy diamonds now, and other stories on the industry’s radar this week:
- Ivory Coast diamond embargo fails to halt smuggling. Nineteen diamantaires arrested in China on smuggling charges.
- Trading ban on Mehul Choksi lifted. India may impose duty on polished diamonds. Diamond workers head home for Diwali vacation. Zimbabwe rough to flow into Surat.
- ABN Amro shuts office in Botswana. South Africa to expand diamond cutting “17-fold.” President says diamond laws have “failed.”
- Behold: the diamond-covered e-cigarette.
- Media Watch: Forbes on diamonds as investment vehicle and why you should buy an engagement ring now. Stephen Colbert makes fun of Forevermark’s “Ultimate Diamond Experience” offer in Neiman Marcus holiday book.