Post subject: Still No Sign of G7 Diamond Sanctions
Posted: Fri May 26, 2023 11:56 am
Site Admin
Joined: Sun Oct 16, 2005 12:22 pm Posts: 21602 Location: San Francisco
John Jeffay for IDEX wrote:
It's now 15 months since Russia invaded Ukraine. The US leapt in with immediate sanctions on its diamonds, but with a loophole so big you could drive a bus through it. China has strengthened its ties with Russia, the UAE has remained decidedly neutral, as has India, which is warning that sanctions would threaten hundreds of thousands of jobs. Antwerp says a boycott would harm it more than Moscow. Canada, Australia, New Zealand and Japan have sanctioned Alrosa's management, but not its sales. And the rest of the West has sat on its hands, cranking up the rhetoric but doing nothing to dent the $4bn-plus market.
Users browsing this forum: No registered users and 33 guests
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot post attachments in this forum