Diamond News Archives

Two of the biggest credit-card issuers are tightening lending standards, an unusual move in a strong economy that may signal longer-term concerns about consumers’ financial health.

Capital One Financial Corp. and Discover Financial Services said last week they have become more cautious in how they’re handling credit limits. The two lenders said they don’t currently see signs of deterioration in consumers’ ability to pay their debts but do question how much longer the economic recovery will last....

(IDEX Online) – Blue Nile, Inc. the largest online retailer of certified diamonds and fine jewelry, has opened a new facility for its Diamond and Jewelry Consultants, continuing the brand's commitment to providing the industry's most advanced service. <?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /?>

At the forefront of innovation, the facility was designed to increase productivity and continue the award-winning customer service that defines the brand.

"At the core of the Blue Nile business is creating real relationships with our customers by providing guidance during one of their most important and intimate purchases," said Sarah Gauthier, Blue Nile Senior Director of Customer Experience. "The opening of our new facility will provide our talented consultants the resources necessary to deliver exceptional service and further establish the brand as a leader in the industry."

The opening of the facility allows the brand to put the customer first through the following:

"Evolution in education – updated classrooms will be used for the brand's three-week training program focusing on policy, processes and product knowledge. Each Diamond and Jewelry consultant must complete two weeks of classwork in the new space, followed by a week of training with a certified specialist. Education is on-going at Blue Nile, with consistent GIA courses.

"Personal touch – Diamond and Jewelry Consultants work on a non-commission base to ensure the focus is on providing the facts before customers make an emotional and financial investment on luxury jewelry. For a more personal conversation, the facility was acoustically designed with noise absorbing desks and modified ceilings to keep sound at a minimum and ensure that customers only hear the representative.

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The president of Zimbabwe Miners Federation, Henrietta Rushwaya, announced that villagers living around the Marange diamond fields in the eastern Manicaland province will be allocated claims to extract gems as part of government plans to empower the communities through mining.

During a meeting with members of the regional miners association, Rushwaya said her office approached state-owned Zimbabwe Consolidation Diamond Company regarding the allocation of mining claims to their membership in Marange. Her approach, she said, is based on the fact that the Emmerson Mnangagwa government has availed $150 million towards the development of artisanal mining in the country.

Local media reports that the executive considered the concessions in Marange an urgent matter because most of the gems in the area are currently being extracted by illegal panners from the towns of Shurugwi, Buhera and Matabeleland.

Given this situation, villagers in Marange and civic organizations reached out to her and, at the same time, have publically expressed their discontent over the ZCDC’s failure to help develop the district.

The post Zimbabwe’s government to give mining claims to artisanal diamond miners appeared first on MINING.com....

Throughout the Hidden Secrets of Money series, Mike Maloney has taken you on a detailed tour of monetary history and shown how politicians and central bankers have made the same crucial mistakes time and time again.

Yet despite these centuries of compelling evidence about what not to do, the parallels between past policy errors that resulted in world-changing fiscal and social upheaval, and present-day political trends, are perhaps more striking than ever.

Monday, October 29th at 8PM Eastern/5PM Pacific

✅ Use this link to watch LIVE
✅ Mike will be live-answering your questions both nights! 
✅ Don't forget to buy popcorn and subscribe to YouTube for updates.^[1][2]

World Premiere - Episode 10 of Hidden Secrets of Money 

Tuesday, October 30th at 8PM Eastern/5PM Pacific

Live watch link is coming soon for episode 10. To be automatically notified when new content and episodes are added, play the video above, then click the 'SUBSCRIBE' button in the lower right corner of the video screen:

And be sure to check out GoldSilver's YouTube page^[3] for more Hidden Secrets of Money content.

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References

1. ^{^} Use this link to watch LIVE (www.youtube.com)
2. ^{^} subscribe to YouTube (www.youtube.com)
3. ^{^} GoldSilver's YouTube page (youtube.com)