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...heated to 450°C to develop its blue color, and the finest quality tanzanite is predominantly blue with violet accents. Quality tanzanite costs between $500 and $1,200 per carat at retail. Greig, the South African jeweler, says $1,000 per carat is a good benchmark. Buyers should demand certification from an independent laboratory. Top-grade flawless sells for $1,500 and up per carat and represents only 0.13% of TanzaniteOne's annual production, executives say. "Tanzanite is an amazing deep purply blue, and personally I find it more appealing than sapphire," says London jewelry designer Stephen Webster, who first...

Author: /time Magazine | Title: Romancing a New Stone | 3/1/2007 | See Source »

...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...

Author: /time Magazine | Title: Behind China's Stock Meltdown | 2/28/2007 | See Source »

There's a long road ahead, says Freeman Evans, but it's a good lead to follow. "It doesn't mean that you need consumer demand for fair-trade products. It just means you need good products that are made with fair-trade practices...

Author: /time Magazine | Title: Fair-Trade Fashion | 2/27/2007 | See Source »

While Ciafardini won't go on record with sales projections, calling this launch "quite unpredictable; it is the beginning of a new era," she is confident that the line?which for now is available in the U.S. only at Sephora?will meet a growing demand for natural yet luxurious products. "Stella McCartney has a great legitimacy in launching an organic skin-care line. Plus, the program is simple and serious, and those are two success factors for skin care." The CEO also cites the range's Ecocert label, "which is a guarantee of seriousness and honesty for the consumer...

Author: /time Magazine | Title: The Natural Beauty | 2/27/2007 | See Source »

...enough. We are so starved for political energy that we will gladly take Obama even if his flair never coalesces into a realistic platform. However, it would be far shrewder for us to acknowledge our own desperation for a likable candidate, hold out for just a bit longer, and demand that Obama turn his campaign into more than just eye and ear candy. He may indeed be a tremendous candidate, the first in years to be able to fuse the ability to persuade with the resolve to take difficult, potentially unpopular stances. But until he gives us more evidence...

Author: By Michael Segal | Title: New Lincoln or Next Milli Vanilli? | 2/25/2007 | See Source »

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