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Sweden officially joins NATO as Hungary grants approval

Sweden officially joins NATO as Hungary grants approval Sweden officially joins NATO as Hungary grants approval
In a significant geopolitical development, Sweden has gained approval to become the 32nd member of the NATO military alliance, marking a blow...
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Munich Security Conference: Netherlands and US reaffirm support for Ukraine

Munich Security Conference: Netherlands and US reaffirm support for Ukraine Munich Security Conference: Netherlands and US reaffirm support for Ukraine
  During a meeting with Ukrainian President Volodymyr Zelensky at the Munich Security Conference, outgoing Dutch Prime Minister Mark Rutte...
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Dutch NATO contribution could double without U.S., says Defense Minister

Dutch NATO contribution could double without U.S., says Defense Minister Dutch NATO contribution could double without U.S., says Defense Minister
Outgoing Defense Minister Kajsa Ollongren warned that the Netherlands might need to double its defense spending if the United States were to...
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European defense: exploring the idea of a 'nuclear umbrella' amid rising tensions

European defense: exploring the idea of a 'nuclear umbrella' amid rising tensions European defense: exploring the idea of a 'nuclear umbrella' amid rising tensions

Amidst concerns over the reliability of US support, a German minister has proposed a bold plan for European defense: establishing a 'nuclear...
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Students engage in Amnesty International campaign to advocate for human rights

Students engage in Amnesty International campaign to advocate for human rights Students engage in Amnesty International campaign to advocate for human rights
  Amnesty International is hosting its 33rd edition of "Schrijf-ze-VRIJdag" (Write-Them-Free/Fri-Day) on Friday, involving over 160,000...
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EU leaders approve €50 billion support package for Ukraine

EU leaders approve €50 billion support package for Ukraine EU leaders approve €50 billion support package for Ukraine
European Council President Charles Michel announced that all 27 European leaders have reached an agreement on a €50 billion ($55 billion;...
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EU leaders convene to address Ukrainian aid stalemate amid Hungarian opposition

EU leaders convene to address Ukrainian aid stalemate amid Hungarian opposition EU leaders convene to address Ukrainian aid stalemate amid Hungarian opposition
On Wednesday evening, European Union leaders will come together in Brussels for an informal dinner to tackle the ongoing deadlock regarding...
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EU Parliament braces for rightward shift as populist parties surge

EU Parliament braces for rightward shift as populist parties surge EU Parliament braces for rightward shift as populist parties surge
The European Parliament appears poised for a rightward shift, as an analysis commissioned by the European Council on Foreign Relations indicates...
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Poll reveals 25% of young voters in Flanders favor Vlaams Belang in upcoming elections

Poll reveals 25% of young voters in Flanders favor Vlaams Belang in upcoming elections Poll reveals 25% of young voters in Flanders favor Vlaams Belang in upcoming elections
  As the June elections for the Flemish Parliament approach, a recent poll commissioned by Hogeschool PXL and TV Limburg indicates that...
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Dutch Parliament backs motion incorporating Antisemitism in residency permit evaluations

Dutch Parliament backs motion incorporating Antisemitism in residency permit evaluations Dutch Parliament backs motion incorporating Antisemitism in residency permit evaluations
MPs have approved a proposal by the fundamentalist Protestant SGP, urging the government to consider anti-Semitism as a factor when deciding...
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Latest News

Sweden officially joins NATO as Hungary grants approval

Sweden officially joins NATO as Hungary grants approval Sweden officially joins NATO as Hungary grants approval
In a significant geopolitical development, Sweden has gained approval to become the 32nd member of the NATO military alliance, marking a blow...
Read More...

Munich Security Conference: Netherlands and US reaffirm support for Ukraine

Munich Security Conference: Netherlands and US reaffirm support for Ukraine Munich Security Conference: Netherlands and US reaffirm support for Ukraine
  During a meeting with Ukrainian President Volodymyr Zelensky at the Munich Security Conference, outgoing Dutch Prime Minister Mark Rutte...
Read More...

Dutch NATO contribution could double without U.S., says Defense Minister

Dutch NATO contribution could double without U.S., says Defense Minister Dutch NATO contribution could double without U.S., says Defense Minister
Outgoing Defense Minister Kajsa Ollongren warned that the Netherlands might need to double its defense spending if the United States were to...
Read More...

European defense: exploring the idea of a 'nuclear umbrella' amid rising tensions

European defense: exploring the idea of a 'nuclear umbrella' amid rising tensions European defense: exploring the idea of a 'nuclear umbrella' amid rising tensions

Amidst concerns over the reliability of US support, a German minister has proposed a bold plan for European defense: establishing a 'nuclear...
Read More...

Students engage in Amnesty International campaign to advocate for human rights

Students engage in Amnesty International campaign to advocate for human rights Students engage in Amnesty International campaign to advocate for human rights
  Amnesty International is hosting its 33rd edition of "Schrijf-ze-VRIJdag" (Write-Them-Free/Fri-Day) on Friday, involving over 160,000...
Read More...

EU leaders approve €50 billion support package for Ukraine

EU leaders approve €50 billion support package for Ukraine EU leaders approve €50 billion support package for Ukraine
European Council President Charles Michel announced that all 27 European leaders have reached an agreement on a €50 billion ($55 billion;...
Read More...

EU leaders convene to address Ukrainian aid stalemate amid Hungarian opposition

EU leaders convene to address Ukrainian aid stalemate amid Hungarian opposition EU leaders convene to address Ukrainian aid stalemate amid Hungarian opposition
On Wednesday evening, European Union leaders will come together in Brussels for an informal dinner to tackle the ongoing deadlock regarding...
Read More...

EU Parliament braces for rightward shift as populist parties surge

EU Parliament braces for rightward shift as populist parties surge EU Parliament braces for rightward shift as populist parties surge
The European Parliament appears poised for a rightward shift, as an analysis commissioned by the European Council on Foreign Relations indicates...
Read More...

Poll reveals 25% of young voters in Flanders favor Vlaams Belang in upcoming elections

Poll reveals 25% of young voters in Flanders favor Vlaams Belang in upcoming elections Poll reveals 25% of young voters in Flanders favor Vlaams Belang in upcoming elections
  As the June elections for the Flemish Parliament approach, a recent poll commissioned by Hogeschool PXL and TV Limburg indicates that...
Read More...

Dutch Parliament backs motion incorporating Antisemitism in residency permit evaluations

Dutch Parliament backs motion incorporating Antisemitism in residency permit evaluations Dutch Parliament backs motion incorporating Antisemitism in residency permit evaluations
MPs have approved a proposal by the fundamentalist Protestant SGP, urging the government to consider anti-Semitism as a factor when deciding...
Read More...

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Most Popular Stories

In response to Russia's full-scale invasion of Ukraine, the European Commission is proposing to extend sanctions to include diamonds, marking the 12th round of measures

against Moscow. Russia, the largest producer of rough diamonds globally, is facing potential restrictions on its diamond exports to the European Union (EU). The proposed ban is set to take effect in January as part of the ongoing efforts to hold Russia accountable for its actions.

While EU sanctions since 2022 have covered various sectors such as coal, gas, gold, vodka, and caviar, diamonds mined in Russia have thus far escaped restrictions. The proposed measure aims to address this gap and bring diamonds under the umbrella of sanctions.

Antwerp, the world's diamond capital, has been a key player in the global diamond trade, handling over 80% of all rough diamonds globally. The city, historically known for its diamond industry since the 15th century, has been a significant hub for trade. However, Russia's contribution, accounting for one in four diamonds traded in Antwerp before the war, is now under scrutiny.

Belgium has been reluctant to impose a ban on Russian diamonds to protect its diamond industry. The proposed ban would impact the import of Russian diamonds, leading to increased expenses and potential cost hikes for consumers. Some diamond dealers in Antwerp have already faced pressure from their business partners to halt supplies from Russia.

Russian diamonds have been criticized on ethical grounds, with over 90% of them produced by Alrosa, a company mostly owned by Russian government entities. The US had previously imposed a ban on imports of rough diamonds from Russia and sanctioned Alrosa in April 2023. Critics argue that buying Russian diamonds directly contributes to financing the war in Ukraine, leading to calls for them to be considered conflict diamonds, akin to "blood diamonds."

The EU's final decision on the proposed ban will be made by its 27 member states in the coming weeks. However, enforcing a ban on Russian diamonds poses challenges due to the lack of transparency in the diamond trade. Diamonds often change hands numerous times between mine and market, making it difficult to trace their origin.

While the ban may lead to fewer purchases of jewelry funding the Kremlin's war in Ukraine, closing major loopholes, especially in the diamond supply chain, is crucial for its effectiveness. The involvement of major players like India, where much of the world's diamonds are cut and polished, will play a significant role in the success of the proposed ban. Photo by James St. John, Wikimedia commons.

deneme