Dear Friends, We just concluded the 40th World Diamond Congress in Israel. The previous Congress was held virtually, by Zoom, at the height of the Corona virus pandemic in September 2020. This Congress marked the first opportunity to bring so many of our friends together. The theme was “Change and Innovation in the New Diamond … Read more
Dear Friends, The WFDB’s 40th World Diamond Congress in Israel is just a month away, on March 28 – 30, 2023, and I am eagerly looking forward to greeting you all here. As you will recall, the 39th Congress was held virtually at the height of the pandemic, so this physical Congress is even more … Read more
Dear Friends, The 2022 Holiday Season has ended, and we have embarked on 2023. In the coming months we look forward to a restocking of inventory in the U.S. and an improvement in the markets in China. We are hopeful that price stability will set in, which is so important for the diamond industry. It … Read more
Dear Friends, We are deep into the holiday season and 2022 is rapidly coming to a close. Although the numbers are not yet in and we don’t know how the diamond market fared, I would like to share with you some of my thoughts on this year and the new one we will soon be … Read more
Dear Friends, Last week we held a very successful EXCO meeting in London, hosted by London Diamond Bourse President Alan Cohen. Almost all of the members attended and others connected to the meeting by Zoom. We held lively and informative discussions about a range of issues of importance to the WFDB and the world diamond … Read more
Dear Friends, We are about to celebrate Rosh Hashana, the Jewish New Year, and the start of the holiest period in the Jewish calendar. It is a time when we take stock of all that we went through during the passing year, the good and the bad, and when we look forward to beginning a … Read more
Dear Friends, The summer season is coming to a close, and the long vacations are behind us. Hopefully, we all took advantage of the fresh air and the slower pace to recharge our batteries and are returning to work with renewed energies. While we were out, the diamond industry took a bit of a break … Read more
Dear Friends, We are deep into the summer season, a time when we slow down, go off on vacation and enjoy leisure time. This is the time of the year when the diamond industry slows down as well. We are indeed experiencing a seasonal lull during what has been an excellent year for our industry, … Read more
Dear Friends, The world right now is in a state of flux, with the war in Ukraine, Covid lockdowns in China and Hong Kong, and a rise in inflation and interest rates around the world. These factors make it very hard to predict how the world diamond industry will fare in the coming months. However, … Read more
Dear Friends, Last week we learned that Israel’s anti-money laundering and tax authorities lowered the risk rating of Israel’s diamond industry from high to medium. This did not happen on its own. It resulted from huge efforts over the past several years, which I led as President of the Israel Diamond Exchange and Boaz Moldawsky … Read more
