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 Post subject: Still No Sign of G7 Diamond Sanctions
PostPosted: Fri May 26, 2023 11:56 am 
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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.

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 Post subject: Re: Still No Sign of G7 Diamond Sanctions
PostPosted: Sat May 27, 2023 12:57 pm 
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It's all about money

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