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Diamond News Archives

Coronavirus: IJL Cancels 2021 Show

Category: News Archives
Created: 25 August 2020
Hits: 506
August 25, 20 by John Jeffay
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(IDEX Online) - Organizers of Britain's biggest trade show, International Jewellery London, have announced they will not hold a 2021 edition because of COVID-19, having already canceled this year's event.

The 2020 show was due to have taken place at Alexandra Palace, London, on 9 June.

Reed Exhibitions says cancelling IJL 2021 was an "even more difficult decision" than pulling the plug on the 2020 show.

IJL attracts more jewelry retailers than any other trade event in Britain and is a must-attend for many foreign visitors.

Reed said in a statement: "Both the UK live events and jewellery industries are in uncertain positions and whilst we are confident that they will return in due course, a combination of these factors have led us to this decision. 

"We have made this announcement at an early stage to give clarity to all of our partners as they continue to navigate this global pandemic."

File pic shows ILJ 2019...

Read more from our friends at IDEX

With Europe Mired in Recession, Is the Euro Living on Borrowed Time?

Category: News Archives
Created: 25 August 2020
Hits: 541
Diamond Buyers Club
Despite close to 3 trillion euros of assets purchased so far under the ECB’s quantitative easing programme and interest rates steeped in negative territory, the economy of Europe is showing precious few signs of a return to normality.
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Read more from our friends at Gold & Silver

GIA's $1m Scholarships to Help Students

Category: News Archives
Created: 25 August 2020
Hits: 583
August 25, 20 by John Jeffay
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(IDEX Online) - The GIA is offering $1m in scholarships to help students embark on careers in the gem and jewelry industry.

It has awarded more than $14m in scholarships since 2010, helping more than 3,000 students study on-campus and through distance education programs.

"To meet the challenges of the pandemic, we are adapting to provide education that positions students for success within the gem and jewelry industry," said Duncan Pay, Gemological Institute of America's vice president and chief academic officer. 

The scholarship application period was postponed while the GIA to assessed how to effectively deliver programs and courses during the pandemic. 

Its schools in Carlsbad, California, USA, and Mumbai, Surat and New Delhi, in India, remain closed because of coronavirus, but others worldwide have re-opened.

Applications from US and international students will be accepted until 15 October for all courses, programs and classes starting before 31 December 2021....

Read more from our friends at IDEX

Powell Set to Deliver ‘Profoundly Consequential’ Speech, Changing How the Fed Views Inflation

Category: News Archives
Created: 24 August 2020
Hits: 890
Diamond Buyers Club
History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon, with the former taking desperate actions to try to tamp it down and the latter expected this week to announce an unprecedented effort to crank it back up.
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Read more from our friends at Gold & Silver

Debt, Eviction and Hunger: Millions Fall Back Into Crisis as Stimulus and Safety Nets Vanish: WaPo

Category: News Archives
Created: 24 August 2020
Hits: 607
Diamond Buyers Club
Without federal aid to stave off the impact of the pandemic and economic recession, households that were already on the margins are now being pushed to the brink of financial ruin.
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Read more from our friends at Gold & Silver

  1. Nouriel Roubini Says Wall Street Euphoria Ignores Main Street Hardships
  2. Weddings and Diwali Drive India's Jewelry Demand
  3. Stay-at-Home Consumers More Likely to Buy Diamonds
  4. Two Giant Gold Nuggets Worth $250,000 Found in Australia

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