Word: diamond
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...these remote parts of Africa, it’s impossible to prevent rebels from laying their hands on rough diamonds. Ideally, however, these diamonds would be prevented from being sold on the open market because they lack the necessary certification. But the implementation of the Kimberly Process is actually left up to the customs officials of each nation, and to private diamond cutters. Unscrupulous diamond cutters will easily be able to circumvent the certification system by refining the rough diamonds, for polished diamonds do no require certificates. Why? Because there are centuries’ worth of polished diamonds in circulation...
...cruel as this behavior is, there is an even uglier side to this trade. The proceeds from the sale of conflict diamonds are used to fund prolonged, internecine wars in Sierra Leone, Angola, Democratic Republic of the Congo, and other countries, hence the name “conflict diamonds.” The Washington Post reports that al Qaeda launders millions of dollars through the diamond trade. Even the most jaded observer will have to admit that the flow of conflict diamonds must be stopped. Unfortunately, the Kimberly Process won’t exert enough pressure to stop their flow...
...women would prefer a high-definition digital TV to a 1-carat diamond ring, says a Consumer Electronics Association survey...
...most to crack the Mirror. They managed to procure a statement Burrell had prepared for his lawyers' eyes only - the lawyers say it must have been stolen - full of salacious details: Diana once greeted her lover Hasnat Khan, a heart surgeon, at Kensington Palace stark naked except for diamond earrings and a fur coat; she liked to buy pregnancy tests as a joke; Burrell sneaked her lovers into the palace in the trunk of his car and gave them breakfast after she had left. The Sun dubbed him the "Blabbermouth Butler." But since he had always intended to keep this...
...time his work has been shown to the public. Rosenthal, 60, is famous for creating a pavement of tiny stones that enables subtle color gradations on a flower petal or insect wing. Some pieces are almost grotesquely large, some tiny and delicate. (The cheapest retails for around $1,000.) Diamond "strings" are twisted into snowflakes or lace fans. There's a (brooch-size) horse's head, a zebra with ostrich plumes and a sinister sheep with sapphire eyes. François Curiel, head of Christie's Europe, which sponsored the show, says the "chicness" of a high-society gathering...