Word: carat
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...during a photo shoot to promote her role as Holly Golightly in the film Breakfast at Tiffany's. The actress was photographed wearing a Tiffany diamond-ribbon necklace. But this was no ordinary diamanté-its[an error occurred while processing this directive] centrepiece was the 128.54-carat Tiffany Diamond, one of the largest yellow diamonds in the world. The gem, since reset in a brooch known as "Bird on a Rock," pictured, is itself now one of the biggest stars in "Bejewelled by Tiffany, 1837-1987." The exhibition-at the Gilbert Collection, Somerset House in London until Nov.26...
...diamond mine of consequence, it was co-opted by De Beers. Trouble erupted almost immediately. The cartel's directors started telling Argyle to stockpile a good portion of its diamonds to counterbalance a wave of smuggled stones coming in from the Angolan civil war. The agreed price per carat also dropped from $12 to around $9 in the first year of the partnership. By 1996 the Australians had had enough. Argyle would try to sell directly to Indian manufacturers through a Bombay office. The cartel tried a power play: it dumped $400 million of cheap rough into India to undercut...
...sequel to rich-kids reality soap Laguna Beach follows LB's Lauren Conrad to fashion school in L.A. She moves into a fabulous West Hollywood apartment, then interviews for and just happens to land an internship at Teen Vogue--you keep waiting for the scene in which a 10-carat diamond falls from the sky into her lap. With My Super Sweet 16 and Tiara Girls, The Hills completes a kind of MTV trilogy of princesshood. Yet it's hard not to like Conrad, if only because compared with her idle, spoiled friends, she's practically Horatio Alger. ("I have...
...Jewellers, an argument across the counter appears to be verging on a fistfight. Two men punch calculators furiously. A third appears to wrestle with the seller. Dangayach laughs and interprets: "He's saying 15 rupees a carat, the other one says 2, and the broker says, 'Yes, you take it for the pleasure.'" Finally, the deal is done at 5.25 rupees per carat. "I've seen a broker literally pick up Munnu and carry him across the room to close the transaction," says De Taillac...
...about their commitments (seven Tour de France wins and nine Grammys don't come easy). Yet after a five-month engagement, Armstrong and Crow called it quits in a statement asking for "privacy during this very difficult time." O.K., though we are curious about what happens to the 6-carat rock she showed Barbara Walters last year...