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The De Beers diamonds antitrust class action sought to end an alleged 60-year conspiracy to fix the price of rough diamonds in the U.S. by the De Beers group of companies. The litigation includes several cases including Hopkins v. De Beers Centenary A.G., et al., No. CGC-04-432954, which commenced on July 24, 2004, and Sullivan v.
In 2000, the De Beers business model changed [45] because of factors such as the decision by producers in Canada and Australia to distribute diamonds outside the De Beers channel, [19] [44] as well as increasingly negative publicity surrounding blood diamonds, which forced De Beers to protect its image by limiting sales to its own mined ...
Scandal is an American political thriller television series created by Shonda Rhimes for ABC. The show features an ensemble cast of regular characters, with eight main characters in its first season. Since the first season, two characters have left the show or have been written out, and several new main characters have been written in or ...
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De Beers tried its hand at growing a lab-grown diamond jewelry business for six years before ditching it earlier this year. But a segment of that failed attempt has flourished—and it has nothing ...
Waning demand for natural diamonds has helped lift De Beers's inventory to $2 billion, the most since the 2008 financial crash, according to the Financial Times. In fact, the value of the diamond ...
Blood diamonds (also called conflict diamonds, brown diamonds, hot diamonds, or red diamonds) are diamonds mined in a war zone and sold to finance an insurgency, an invading army's war efforts, terrorism, or a warlord's activity. The term is used to highlight the negative consequences of the diamond trade in certain areas, or to label an ...
Paula Weinstein was impressed by Leavitt's Blood Diamond draft, but hired writers Ed Zwick and Marshall Herskovitz to rewrite the script again; by the time he had completed the script, Zwick had become so interested in the story that he agreed to direct the film as well. [7]