Vladimir Putin to use his two day visit to India to save Russian diamond industry from US and EU sanctions over the downing of MH 17 flight in Ukraine this year . With steep fall in global oil prices ,Russian economy has been badly hit in the energy exports profits . Now with huge US pressure on Antwerp to boycott Russian diamonds buying and selling looms the fear of another huge financial crisis . Russia and Alrosa have no other option but to pressure Antwerp diamond bourse using Surat in Gujarat . Market sources say that Putin will directly dump rough diamonds in Surat if Antwerp goes ahead with the economic sanctions over the Ukraine incident . While we welcome this great business opportunity for our economy ,we must also be on a high alert and very cautious over the huge security threat that this bling bling may bring upon us
Posted on: Sun, 07 Dec 2014 05:50:06 +0000
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