All right, I know this is very early, but it is Friday here in India. I will have more to say about the U.S.-Indo Business Development Conference in the next few weeks, and in JCK. But thanks to the Gem and Jewellery Export Promotion Council for sponsoring my trip to this very interesting conference.

And now the news:

Zale chairman steps down.

Fabrikant creditors sue.

“Questions” about Rio Tinto diamond division.

Austrian Bourse President murdered. Our sympathy to his family and friends. 
– Indian diamond trader found dead.

Media Watch:
India’s Economic Times on the Indo-US Gems and Jewelry Conference. 
Investors Business Daily on Blue Nile.
New York magazine: Leviev works his charm on the residents of the Apthorp.

Broad daylight robbery in Diamond District.

Nambian sightholders selected.

Alrosa faces audit.

De Beers to purchase Botswana mine.

Government, cutters at odds in South Africa.

Um, when you’re done pulling blue topaz from the shelves …
– New focus on “blood rubies.”
– The trade reacts: What? Rubies? Burma? The military? Who knew?

De Beers blimp, once company’s hope, now faces “scrap-heap.”

Chaim on Basel II and Overseas Diamonds.

Congrats to Lorraine Depasque. 

Quote of the week: “You can be creative in your designs, you can be creative in your marketing, but please don’t be creative in your book-keeping and accounting.” – Jairam Ramesh, India’s state minister of trade and commerce, to Indian manufacturers at this week’s conference

From the blog:
India Blogging: Tanishq’s New Age Jewelry Store
Flowers and diamonds.

From JCK: My article on diamond futures.

Have a good weekend ….

 

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