Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Arctic sea ice thins drastically; set to continue in the future

23 march 2023
A new study says that climate change has recently attacked crucial Arctic sea ice thickness in two sudden big hits instead of steady nibbling. According to the study, about 15 years ago, sea ice quickly lost more than half its thickness and became weaker... more prone to melting and less likely to recover. This emphasizes the importance of two big 'regime shifts' that changed the complexion of the Arctic, says the study.
Reportedly, those big hits came in the years 2005 and 2007, while before this, the Arctic sea ice was older in a way that made it difficult to move out of the region. This helped the polar area act as the globe's air conditioner even in warmer summers. But now the ice is thinner, younger and easier to push out of the Arctic, putting that crucial cooling system at more risk.
According to the study, before 2007, 19% of the sea ice in the Arctic was at least 13 feet thick and taller than most elephants, but now only about 9.3% of the ice is at least that thick. And the age of the ice has dropped by more than a third, from an average of 4.3 years to 2.7 years.
The study lead author Hiroshi Sumata said: " Ice is much more vulnerable than before because it's thinner, it can easily melt. Thicker sea ice is crucial to all sorts of life in the Arctic."
Scientists had known before that sea ice was shrinking in extent and getting thinner, but this 'flushing' is key. 'Once the ocean has accumulated that heat, it can't go back easily. So in the future, more big warmer shifts can happen to make ice thinner and weaker, but don’t count on sudden, healing cooling changes', warn scientists.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished