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View Full Version : Russia Diamond Monopoly Seeks to Avoid 1990s-Style Market Flood - Bloomberg



NewsWhore
05-28-2009, 02:30 AM
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Russia Diamond Monopoly Seeks to Avoid 1990s-Style Market Flood (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DasYGwcY11esc%26refer%3Deurope&cid=0&ei=5CMeSqTlCcSPmAf7-rSBDg&usg=AFQjCNFiOhFaTqqbYsCojtx058JHtQUY-w)
Bloomberg
More than a decade ago, Russia began offloading rough, or uncut, diamonds as its need for hard currency became acute, leading to a rift with distributor De Beers. This time, the state and Alrosa will coordinate to avoid a repetition of events that ...


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