When a retailer offers a consumer a lower-cost diamond graded as a high quality one, it's fraud, but what if a lenient lab supports the better grading? Consumers are unaware of the differences between labs, and the Twittersphere is raging. Read More...

The BRICs are the hotbed of growing diamond jewelry consumption. Setting sights on long-term growth, diamond firms should consider MIST. The monetary discipline, low debt rates and positive economic policies offer industry growth. Read More...

The debate over the evolution of KP is not about ethics, it’s about economic sense. The main point of contention is that one group in the industry is trying to force a system – and its cost – on another group. That won’t work. Read More...

It's simple for John Q. Citizen, and for you, to place money in an offshore account. In some circumstances it's even legal. The problem begins when a group of journalists starts naming account holders Read More...

Governments don't like it when taxes are not paid. Last week, another loophole was closed, as the U.S. and other countries continue in their efforts to get hold of the money. Read More...

Let's start with the bottom line – U.S. retailers need to pay more for the jewelry they are selling, and don't get that much more when selling it. The wholesale prices they are paying are rising at a higher rate than the retail prices they are charging. It's a margin squeeze. Read More...

Dubai is actively working to position itself to replace Antwerp as the rough diamond-trading center of the world. The role that tax breaks, police raids and the DTC play in this shift. Read More...

When talking about the future of the diamond industry, we usually talk about the U.S., China and India. In this context, Japan, once the world's second largest diamond market, is often overlooked. With billions of dollars in diamond jewelry sales, this is a mistake.   Read More...

The world is in constant flux, and nothing remains static. Amsterdam long ago lost favor to Antwerp, which enjoyed the benefits of Belgium's rule over Congo. Rising labor costs in Europe and a budding hungry diamond center in Tel Aviv led to Israel becoming the world's largest polished diamond exporter. Read More...

Is there any merit to criticism that the Indian diamond industry is using bank financing for "destructive interest" or are they making use of the advantages their government provides them with – just as other diamond centers do? Read More...