Category: Financial

The diamond industry’s most important sales agreement is almost done.
Limited exemption applies to natural polished under 0.25 carats.
Five defendants used businesses as front to transfer more than $600 million since 2019, says US Department of Justice.
Tech provider iTraceiT will use $273,000 to expand into India and the US, it said.
The diamond, which Kwiat cut and polished, carries valuation of $400,000.
Mapping technology will help evaluate rough that customers offer as collateral.
Latest measures restrict imports of certain jewelry-related materials.
Financial services already improving due to prospect of improved legislation and intervention by a European body, says AWDC.
Bloc proposes fresh package of restrictions.
Soaring costs and reduced discretionary income are raising concerns in the diamond trade.

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