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February 4, 2010
Will the global diamond market recovery be V-shaped, W-shaped, or L-shaped?
If either rough prices or credit terms start diverging with the bottom line once again, we must keep our financial discipline and, above all, a level head, writes Kaushik Mehta, Chairman & CEO, Eurostar Diamond Traders, and vice president of the Antwerp World Diamond Centre (AWDC).
January 7, 2010
New year brings new challenges but also hope for recovery
After a roller-coaster year in 2009, all of us, in every country and industry are wondering what the new year will bring. Although we are all feeling much more confident than we were 12 months ago, some people, nonetheless, have a nagging feeling that troubles could lay ahead in the first year of the new decade, writes Ludo Van Campenhout, vice mayor of Antwerp and Diamond Sector Alderman.
December 3, 2009
Diamond industry recovering, but problems remain
While conditions in the diamond market are showing signs of improvement, companies still have not returned to the rates of activity that they considered normal before the onset of the global economic crisis, writes Frank Fensie, owner of the Antwerp-based diamond firm of Natisa Bvba, who also serves as chairman of the BVGD (Professional Association of Polished Diamond Dealers).
September 19, 2009
Is the crisis over? A banker's perspective
Is there a real recovery in the diamond market, and have diamantaires learned the tough lessons from the sharp fall in demand as a result of the financial meltdown which struck a year ago, asks Victor van der Kwast, CEO of the International Diamond and Jewellery Group at ABN AMRO Bank.
July 20, 2009
Green shoots or simply weeds? The path towards industry recovery
'Is the global economy, led by the United States, coming out of recession? Or are the so-called "green shoots" of recovery simply weeds, as some have suggested? Against the undercurrents of ongoing uncertainty, what should be the actions of members of the diamond industry?,' asks Kaushik Mehta, chairman of Eurostar Diamond Traders and vice president of the Antwerp World Diamond Centre (AWDC).
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