Word: diamonded
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...with black Kate Spade bags. You try not to notice them, but every time you see them, you instinctively make a face. You don't know their names, but in all truth, you don't care. Because when you see the girls draped in Gucci, wearing Prada shoes, flaunting diamond Rolexes, dripping with Tiffany jewelery, you're not worrying about names or individual identities. They're a concept-interchangeable and a dime a dozen. Ironic, isn't it? They're not bad people, these Pearl Girls. They're just, well, intolerable. But their reign over campuses like Harvard, urban meccas...
...Cross and the Red Cross Federation, which represents more than two dozen Red Cross and Red Crescent societies around the world, want to adopt a new emblem with no recognizable religious or political connotations. Suggestions for a replacement include a pair of red chevrons, a red diamond or another symbol that resembles a pair of red brackets...
...Baseball pulls the "Miracle on the Diamond" and defeats Cuba for the gold medal...
Coupled with the company's recent vows to clean up the diamond trade--tarnished by association with African warlords--the strategy may prove a spectacularly profitable act of reinvention. The firm's floundering share price nudged upward after the June announcement, and it got another boost last month, when earnings reports showed profits trebling in the first half of the year. The surge enabled De Beers to pare down its stockpile of rough diamonds--which, because the company no longer has the ability to set prices, has become a wasting asset. De Beers plans to reduce the stockpile...
...supporting the international crackdown on blood diamonds, the cartel is also helping itself by preventing competitors from flooding the market with cheap gems. But while De Beers' cooperation with the embargo may spare the industry the sort of organized boycott that shook the fur trade in the 1980s, it probably won't stamp out trafficking. De Beers claims that only 3% of the global diamond supply comes from African conflict regions. London analysts believe the amount may be as high...