Over at Polishedprices, they are complaining that there wasn’t a lot of big news this week, and I agree. If you find exciting news, please send it to rbates – at – reedbusiness.com. (By the way, I have gotten some interesting emails about this blog; keep them coming!)
Anyway, this week …
– GIA: ABN-AMRO merger could impact industry credit. The latest on the merger: Barclays and ABN are still talking. Citigroup is out, but other suitors may enter the picture. Also, some people think the bank should be broken up. It seems big changes at ABN are inevitable.
– Fifty year member of the DDC, Solomon Gad, dies. Gad and his family were the subject of a big New York Times article many years ago, which I am finding it impossible to link to.
– Tacori/QVC discussion rages on at other blog.
– Chaim on friction in Antwerp.
– GIA adds clarity on clarity grading. My colleague Gary Roskin notes: “This type of graining is most commonly seen in 20, 30, 40 + carat D, and E, color, high clarity stones.” A specialized audience.
– Jacob the Jeweler to stand trial in Detriot, not New York.
– As Internet competition increases, more retailers likely to cut employees and salaries. (via NRF Smartbrief.)
– When number geeks attack: Polishedprices takes issue with JWT’s market numbers.
– Diamond mining starts up in Liberia, despite UN embargo. President not pleased.
– If you thought the general idea of turning someone’s ashes into diamonds was weird, this jacks up the creepy factor tenfold.
Enjoy your weekend, and for those who celebrate, happy Passover …