News Archives

: Category: News Archives; Created: 30 April 2020; Hits: 560

The "Buffett indicator" divides the total value of publicly traded stocks by quarterly GDP. "It is probably the best single measure of where valuations stand at any given moment," Buffett wrote in a Fortune magazine article in 2001.

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: Category: News Archives; Created: 30 April 2020; Hits: 520

Senior U.S. officials are beginning to explore proposals for punishing or demanding financial compensation from China for its handling of the coronavirus pandemic...

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: Category: News Archives; Created: 30 April 2020; Hits: 575

Bond traders see little prospect of a Federal Reserve rate increase for the foreseeable future, as they bank on borrowing costs near zero for roughly the next three years -- with some even hedging against the possibility they could go negative.

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: Category: News Archives; Created: 30 April 2020; Hits: 570

April 30, 20 by John Jeffay

(IDEX Online) - The fourth De Beers Sight of the year will go ahead in Botswana next week as planned, unlike the previous one, which was canceled at the last minute.

But few of the 80 Sight holders are expected to attend, because of widespread travel restrictions.

It is understood that because of the coronavirus crisis, the miner will allow 100 per cent deferrals.

The third Sight of the year (30 March - 3 April) did not take place, despite hopes weeks earlier that it would. Sight 2 went ahead, with provisional sales at $355m.

Sight 4 takes place from 4 May to 8 May, as the world's diamond industry remains at a virtual standstill, with demand at rock bottom.

De Beers declined to comment but said it was making preparations for the sight to take place in Gaborone.

Flights to Botswana from 18 high-risk countries - including the diamond centres of China, India and Belgium - were banned last month to limit the spread of coronavirus....

Diamond News Archives

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