this post was submitted on 15 Dec 2023
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More sanctions on Russia agreed by EU leaders (www.reuters.com)
submitted 9 months ago by DankZedong@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[โ€“] DankZedong@lemmygrad.ml 28 points 9 months ago (1 children)

These sanctions seem to mostly target the diamond industry

[โ€“] 201dberg@lemmygrad.ml 27 points 9 months ago* (last edited 9 months ago)

So they are going to now crank up the prices in the already overpriced diamond industry claiming is because of this aren't they?

I hope it backfires and Russia just start selling shit loads of diamonds through other sources that aren't part of the global diamond monopoly and it it throws the whole thing for a loop. We will have people screaming about not buying lower prices diamonds because they are Russian diamonds and shit.

I also love how they specifically stated it's for non-industrial diamonds. So basically they are saying "this all a show and the only ones impacted will be civilian buyers of diamonds. We would never do anything to negatively impact real industries."