WASHINGTON: Demonstrating a startling contrast to the restraint advocated to Israel by US President Joe Biden and Washington’s European allies, MAGA maverick Donald Trump wants the Jewish state to hit Iran‘s nuclear facilities first and “worry about the rest later.” Speaking at campaign event in North Carolina on Friday, Trump ridiculed Biden’s advice to Israel…
MUMBAI: Amid persistent lobbying by Indian diamond houses and trade biggies like DeBeers, the European Union (EU) has deferred the start of a harsher sanctions regime on Russian diamonds by six months, to March 2025. A few other relaxations, like ring-fencing old stocks, announced by the European Commission, the executive arm of the EU, would…
The PM said it was a matter of great satisfaction for him to be attending the summit after his re-election in the “largest democratic exercise in the history of humankind”.The PM also called for giving priority to the concerns of the Global South, in particular Africa. He recalled that it was a matter of honour…
India’s Gem and Jewellery Export Promotion Council (GJEPC) and several global bodies dealing in diamond trade have raised concerns about the G7 bloc’s demand to route rough and polished diamonds through Antwerp in Belgium for certification as non-Russian. The G7 countries – the US, UK, Canada, Germany, France, Italy and Japan – have decided to…
Representative Image Less than a fortnight before the deadline to weed out Russian diamonds from the world’s affluent markets, a confused, volatile trade is feeling the pulls and pressures: a rigid rule pushed by Europe to probably regain its waning influence; the emerging voices of Africa and India opposing it; and, a new, different plan…
