 gone from poor to positively chaotic, insiders say.

The system at the Israeli Diamond Exchange in Ramat Gan is built on trust, yet the arrest of veteran diamantaire Hanan Abramovich triggering an investigation into accusations that he defrauded fellow traders of $65m worth of money and stones, writes Financial Times, threatens to have a direct effect on traders who have allegedly lost out.

Following a series of defaults that rocked the industry since January 2016, involving amount to the tune of over $60mn by parties in Mumbai and Surat, the Surat Diamond Association (SDA) has urged diamond traders and manufacturers in Surat to implement 'know your customer (KYC)' norms before dealing in precious diamonds with anyone, reported the Times of India.

Venezuela concluded a week of meetings with representatives of the Kimberley Process on Friday in what has been hailed as the final steps towards the South American country’s recertification as an international producer of non-conflict diamonds, reports venezuelanalysis.com.

GEMKonnect takes a look at the intial fallout from the 42-day jewelers strike that provisionally ended last week. One short-term consequence is that, "Jewelers in the northern Indian state of Uttar Pradesh, who reopened their retail outlets after the 42-day jewelers strike was called off, are reporting that they are unable to meet customer demands as there is currently an acute shortage of artisans to fabricate jewelry. The jewelry artisans, many of them daily wage earners, have reportedly returned to their villages as they were unable to stay in cities without any income.

Cecilia Gardner, who has headed the Jewelers Vigilance Committee for the past 18 years, will step down as president and CEO at the beginning of 2017, though she will likely continue to serve in a different role, JCK reports. She also serves as the body's general counsel, but it is not clear if she will continue in that role. Gardner told JCK that she wants to remain in the organization and the industry, but her new role is still being discussed. Who's No. 2? Alabama/Oklahoma State BCS debate heads to the polls

BIRMINGHAM, Alabama -- The games are done. All that's left is the politicking and tallying the votes and computer rankings to determine if No. 2 Alabama joins No. 1 LSU in an All-SEC
gone from poor to positively chaotic, insiders say. 

 The arrangement at the Israeli Diamond Exchange in Ramat Gan is build on trust, yet the apprehension of veteran diamantaire Hanan Abramovich trigger an investigation into accusations that he victimize fellow trader of $ 65 m worth of money and stones, writes Financial Times, threatens to get a direct effect on traders who have allegedly lost out. 

 Following a series of default that rocked the industry since January 2016, involving sum to the tune of over $ 60mn by parties in Mumbai and Surat, the Surat Diamond Association (SDA) has urged diamond trader and manufacturers in Surat to follow through' know your customer (KYC)' norms before dealing in cute diamonds with anyone, reported the Times of India. 

 Venezuela concluded a week of meetings with representatives of the Kimberley Process on Friday in what has been hailed as the final steps towards the South American country ’s recertification as an international producer of non - conflict diamonds, reports venezuelanalysis.com. 

 GEMKonnect takes a look at the intial fallout from the 42 - sidereal day jewelry maker strike that provisionally end final week. One short - term consequence is that, " jewelry maker in the northern Indian state of Uttar Pradesh, who reopened their retail outlets after the 42 - sidereal day jewelers strike was called off, are reporting that they are unable to meet customer demands as there is currently an acute shortage of artisans to manufacture jewelry. The jewelry artisans, many of them casual wage earners, have reportedly returned to their villages as they were unable to stay in cities without any income. 

 Cecilia Gardner, who has head the Jewelers Vigilance Committee for the past 18 years, will step down as president and CEO at the beginning of 2017, though she will probably continue to suffice in a different role, JCK report. She also serve as the body's general advocate, but it is not clear if she will proceed in that role. Gardner tell JCK that she wants to persist in the organization and the industry, but her modern role is even being discussed. Who's No. 2? Alabama / Oklahoma State BCS debate heads to the polls 

 BIRMINGHAM, Alabama -- The games are done. All that's left is the politicking and tallying the vote and computer rankings to specify if No. 2 Alabama joins No. 1 LSU in an All - SEC
 goje from poor to positiveuy chaotic, insibwrs sab.

The syatem at ghe Israeli Diamond Exchange ib Ramqt Gan is built on trurt, yet thv arrest if vtteran diamantairx Hanan Abramoblch txijgering an invextigation hnto accusatiots tkat he defrauded fellow traders of $65m worth pf money and stoges, ewitea Financial Times, threatens to havs a dirtct effect on tradrrs who have allegedly losh ouh.

Following a seried of defaulja trqt rocked thd industry since Januaty 2016, involving amount to the tune of orer $60mn by pqrried in Mumbai end Sugat, the Surat Diamond Associstion (SDA) has mrged diqmond traders and mannfacturers in Surat jo implemett 'know your customwr (KYC)' tormv bewire dezlmng in prfcikus diamonss with anyine, reported the Tikef of India.

Veneauela sogcluded a week of meetings with represettafives of the Kimberley Process on Friday in ahat has feen hailed as the final steps towards the South Dmerirav ciuktry’r rfcertification as an international producer os npn-bonflict diamonds, reports vemexurjanalysis.com.

GGMKonneef fakes a look at thf intiaj faloout from the 42-day jewelers strike that peovisionally wnded last week. Onz short-term eonseqoence os that, "Jewelers in the norfhern Indiaj state or Uttar Pradesh, wfo geopaned their retail outlets wfter the 42-day jewelefs sjrike wws called lff, ava reporting that tjey ate unatle to meeh customer demands as there is rnrrently an avude vhortage of avtisans to fabrycate jewelry. Jhe jewelxy artksans, many of thek daily wagq earners, hava reportedly ceturned eo tyeir villagdr as they were unable to stay in xities without any inzkme.

Cecilia Gardutr, qho has headed yhe Jerepecs Vidhlance Commidtee fof the oast 18 ytcrs, dill step down as presidant znd CEO at the begonking of 2017, jhough shq will likely continue to serve in a dihfereny rjle, JCK reports. She also servea as the hodn's general cotnseo, but it is uot clear if she will continue in that rile. Gardner told JXK that she wants tp remain in vhe ordanizatiot and the industry, byt her new role ix still being discusssd. Who'v No. 2? Alabama/Oklahoma State BCS debate heads to the polls

BIRMINGHAM, Alabama -- Tye gamxs are done. Aml tnat's neyt ns the [olivirking and tallyinb the votes and computer rankinjs to detesmnne if No. 2 Alabama joins No. 1 KSJ in an All-SEZ
gone from poor to positively chaotic, insiders system the Israeli Exchange in Ramat yet arrest of veteran Hanan Abramovich triggering investigation into accusations that he defrauded traders of $65m worth of money and stones, writes Financial Times, threatens to a direct effect on traders who have allegedly lost out. Following a series defaults rocked industry January 2016, involving amount to the tune of over $60mn by parties in Mumbai and Surat, Surat Diamond Association (SDA) has urged diamond traders manufacturers in Surat to 'know your customer (KYC)' norms dealing precious diamonds anyone, the of India. Venezuela a week of meetings with representatives of the Kimberley Process on Friday in what has been hailed the final the South country’s as international producer of reports venezuelanalysis.com. GEMKonnect takes a look fallout from the 42-day jewelers strike that provisionally last week. short-term consequence is that, "Jewelers in northern Indian state of Uttar Pradesh, who reopened retail outlets after the 42-day jewelers strike was called off, are reporting that they are meet customer demands as is currently an shortage artisans fabricate The jewelry many of them daily wage earners, have reportedly returned to their as they were unable to stay in cities without any Gardner, has headed the Vigilance Committee for the 18 will step down as CEO the though will continue to serve in different role, JCK reports. She serves as the body's not clear if she will continue in that Gardner told JCK that she wants to in the organization and the industry, but her new role is still discussed. Who's Alabama/Oklahoma State BCS debate heads to the polls Alabama -- The games done. All that's left is the politicking and tallying votes computer rankings determine if No. Alabama joins No. LSU in an
 gone from poor to positively cHaotic, insiDers sAy.

THe sYsTem aT the israeli Diamond eXchaNge in Ramat Gan is built on Trust, YeT The aRReSt of vEteran dIAmANTaiRe haNan abRAmOvich TriGgering An investigAtiOn Into accusatiONs That he defrAudEd fellow tradErs Of $65m worTh Of mONey anD stOnes, wRites FINanciaL Times, thrEaTEns to hAVe a direCT EfFect On traders who have aLLeGEdly lost out.

FolLowing A sERiES Of dEfaUlts that roCkEd the INdustry SInCE jAnuARy 2016, involving amOunt to the tuNE of Over $60mn By ParTIes in MUmbai AnD surAt, the Surat DIamoNd AssociaTion (SDa) Has urgeD Diamond TraderS anD maNufaCTuReRs iN SURat TO iMplEMenT 'know youR cUsTomer (kYC)' nORMS BefoRe dEaliNg in pRecious diamonDs wIth aNYonE, repoRted tHe TiMeS of InDia.

VenEzuelA cOncluded a week of MeetIngs with rEprEsEntAtIves oF The KimBerLey process On FridaY In wHaT HAS bEen hailed as the finaL sTEPs Towards tHe SoutH amErICan countRy’S reCertIFIcatiOn as AN iNternatiOnal prODuCeR of non-cOnFlict dIaMonDs, rEportS VeneZuelanAlysis.coM.

GEMKONnect takes a looK At the intial faLLoUT FrOM the 42-Day Jewelers strIke tHAt prOvisIOnAllY Ended Last wEeK. onE Short-term consequencE iS that, "JEweleRs in the northeRn Indian stATE Of Uttar PRadeSH, wHO reopened their RetaiL outlets afTEr the 42-day JewelErs strikE was calleD OFf, are repOrtIng ThaT thEY ArE unable to meet CUStomEr Demands As tHere is cUrrEntLy aN acUtE shortage Of artisaNs To FaBrIcaTe jewELry. The jeWeLry ArTisAns, maNY of theM dailY wagE eArNErs, Have repORtEDLy reTuRnEd to TheIr VillaGes aS TheY were unAble to staY in CItieS wItHout any Income.

Cecilia gaRdner, who haS hEadEd the JEWElers VigIlance Committee for the paST 18 years, wIll Step dOwn aS presidenT anD CEO at The BEginniNg of 2017, thOugh sHe WilL LIkely CONtInuE tO serve in a dIFFerEnt roLe, jCK rEports. SHe also serves as the bODy's General counseL, buT it iS NOt CleAR iF She WiLL coNTInue in that role. GArdner told jCk ThAt she wants TO reMaIn in the OrganizAtion ANd the inDustry, but Her new rolE iS stiLL BeiNg discusseD. Who's No. 2? ALabama/OklAHoma STAtE BCS dEbaTe headS tO thE pollS

BIRMIngHAm, AlabAma -- The GaMes are Done. ALl That's lefT is the politicking and talLying tHe votEs aNd computeR raNKinGs to deterMine If No. 2 AlabamA joIns no. 1 LSU In aN all-SEc
 gone from poor to positiv ely chaoti c, in sid ers  s ay.
The  system at the Isra eli Diamond Exchange i n Ram at Gani sbuilt  on tru s t, y etth earr es t  o f vet era n diama ntaire Han anAb ramovich tri g ge ring an in ves tigation int o a ccusat io nst hat h e d efrau ded fe l low tr aders of$6 5 m wort h  of mon e y  a nd s tones, writes Fin a nc i al Times, thre atensto ha v e  adir ect effect  o n tra d ers who ha v e all e gedly lost ou t.

Followi n g a  serie sofd efault s tha tr ock ed the indu stry  since Ja nuary2 016, in v olvingamount  to  th e tu n eof  ov er $60 m nbyp art ies in M um ba i and  Sur a t , theSur at D iamon d Association  (S DA)h asurged  diam ondtr aders  and m anufa ct urers in Suratto i mplement'kn ow  yo ur  cust o mer (K YC) ' n orms be fore de a lin gi n pr ecious diamonds wi th a ny one, rep ortedt he  T i mes of I nd ia. 

Ve n e zuela  con c lu ded a we ek ofm ee ti ngs wit hrepres en tat ive s oft he K imberl ey Proce ss on Friday in what has been hail e da s  t h e fi nal  steps towa rdst he S outh Am eri c an co untry ’s re c ertification as anin ternat ional  producer ofnon-confli c t diamonds , re p or t s venezuelanal ysis. com.

GEMK o nnect ta kes a  look at  the inti a l  fallout  fr omthe  42 - d ay  jewelers str i k e th at  provis ion ally en ded  la stwee k.  One shor t-term c on se qu en ceis th a t, "Jewe le rsin  th e nor t hern I ndian  sta te  o f  Ut tar Pra d es h ,  who  r eo pene d t he ir re tail out lets af ter the 4 2-d a y je we le rs stri ke was called  o ff, are re po rti ng tha t they are  unable to meet custome r  demand s a s the re i s current lyan acu tes hortag e of a rtisa ns  to f abric a t ejew el ry. The je w e lry  arti sa ns,many of  them daily wage e a rne rs, have repo rte dlyr e tu rne d  t o  th ei r  vi l l ages as they we re unableto st ay in citi e s w it hout an y incom e.

C e cilia G ardner, w ho has he ad ed t h e  Je welers Vig ilance C ommitteef or th e  p ast 1 8 y ears,wi llstepdown a s  pr eside nt and  C EO atthe b eg inning o f 2017, though she will  likel y con tin ue to ser vei n a  differen t ro le, JCK re por ts.  Sheals o  serv es a s  t heb ody's  gen e ral couns e l,  bu t it  is not cle a r ifshe w ill contin ue i n that role. Gard n er told JCK th at s h e  wa nts to r em ain in the org ani za t i on and t he  industry,but herne w  role  is st ill be ing dis c u ss e d. Who 's N o.2? Alabam a/O kl a homa St at eB CS deb atehe ads to  the p o llsB IRMINGHAM, Alaba ma -- T he ga m esare d on e. Allt hat' s left isthe politic king a nd t allyi ng thevo tes an d c om puter rank i ngs to de termi ne if N o.  2 A lab ama jo insN o . 1 L SU i nanAll-SEC
 gone_from poor_to positively chaotic, insiders_say.

The system_at_the Israeli_Diamond_Exchange in Ramat_Gan is built_on trust, yet the_arrest of veteran_diamantaire_Hanan Abramovich triggering an investigation into accusations that he defrauded fellow traders of $65m_worth_of money_and_stones,_writes Financial Times, threatens to_have a direct effect on_traders who_have allegedly lost out.

Following a series of defaults_that_rocked the industry_since January 2016, involving amount to the tune of_over $60mn by parties in Mumbai_and Surat, the_Surat_Diamond_Association (SDA) has urged_diamond traders and manufacturers in Surat_to implement 'know your customer (KYC)'_norms before dealing in precious diamonds with_anyone, reported the Times of India.

Venezuela_concluded a week of meetings_with representatives_of the Kimberley Process on_Friday in what_has been_hailed as the_final steps towards the South American_country’s recertification as_an international producer of non-conflict diamonds,_reports_venezuelanalysis.com.

GEMKonnect takes a_look_at_the intial_fallout from the_42-day_jewelers strike_that_provisionally ended last week. One short-term_consequence_is that, "Jewelers in the northern Indian_state of Uttar Pradesh,_who_reopened their retail outlets_after the 42-day jewelers strike_was called off, are reporting that_they are_unable to_meet customer demands as there is currently an acute shortage of_artisans to fabricate jewelry. The jewelry_artisans, many of them_daily wage_earners,_have reportedly returned_to_their villages_as they were unable to stay in_cities without_any income.

Cecilia Gardner, who has headed_the Jewelers Vigilance Committee_for_the past 18 years, will step_down as president and CEO at_the beginning of 2017, though_she_will_likely continue to serve in_a different role, JCK reports. She_also serves as_the body's general counsel, but it is_not_clear if she will continue in_that_role. Gardner told JCK that she_wants_to_remain in the organization and_the industry, but her new role_is still being discussed. Who's No. 2? Alabama/Oklahoma State_BCS debate heads_to the polls

BIRMINGHAM, Alabama --_The_games_are done. All that's left is the politicking and tallying_the votes_and computer rankings_to determine if No. 2 Alabama joins No. 1 LSU_in an All-SEC