.RUSSIA'S ruby market is under the gun. On January first the G7, a group of rich nations, as well as the European Alliance banned bring ins of rugged diamonds unearthed in Russia-- a 3rd of the complete extracted worldwide in 2022. On January 3rd the EU incorporated Russia's condition exploration company, and its own ceo, to its penalties listing. This is actually the initial stage of a detailed injunctions program: in March the G7 and EU will certainly outlaw Russian treasures that have been cut and also fine-tuned abroad. In September they are going to offer a license program to confirm where diamonds were unearthed. These steps amount to the biggest adjustment to your business in many years. Why has it taken as long to enforce decrees on Russia's diamond market-- as well as what influence will they have?