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Diamond sanctions “not feasible”: Russia deputy finance minister

Published

2 years ago

July 31, 2024

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The EU’s “softening of sanctions” was inevitable, according to Russia’s deputy finance minister Alexey Moiseev.He was speaking after the announcement last week that “grandfathered” goods – diamonds imported from Russia before the 1 January imposition of sanctions – would be allowed, and that the implementation of a traceability scheme had been postponed by six months to 1 March 2025.

“This is the next confirmation that what the Western countries propose is not feasible at this stage,” Moiseev said”As I said at the St. Petersburg [International Economic] Forum, this is the manifestation of a kind of a neocolonial policy of these countries, which infringes upon not merely Russia but also all the Western market players. I believe therefore this [softening of sanctions] was inevitable.”

Elsewhere in the Russian media, ABNews reports claims that EU countries have suffered a 25 per cent drop in diamond revenue so far this year, down from $3.59 bn to $2.69bn.

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DiamondBuzz

Refined Protection: Zen Diamond Presents the Reimagined Evil Eye

Crafted in 9kt White Gold, Zen Diamond’s Contemporary Evil Eye Collection Blends Protection with Poised, Everyday Luxury

Published

30 minutes ago

February 17, 2026

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The Evil Eye has always been a symbol of protection, but at Zen Diamond, it takes on a refined new identity. Crafted in 9kt white gold, marking a new chapter for the brand, the collection introduces a lighter, sleeker approach to luxury that feels effortless yet intentional. Reimagined for modern wardrobes, the Evil Eye Collection moves beyond charm jewellery and familiar clichés, introducing an interpretation designed for expression and poise. This is not a token you tuck away for sentiment, it’s a statement you choose to wear.

Evil Eye Earrings (Circular Motif)

These earrings reinterpret the traditional protective symbol through soft curves and clean geometry. A circular contour gently frames the evil eye, outlined with a halo of diamonds that bring subtle elegance to the overall silhouette. The overall effect is balanced and understated, playful in meaning, polished in execution, and easy to imagine as an everyday signature.

Evil Eye Hoop Earrings

Sculpted in 9kt white gold, these hoop earrings offer a fresh, playful take on the evil eye. Sky-blue topaz, enamel detailing, and softly set diamonds come together in a way that feels light and expressive rather than formal. Balanced and contemporary, the hoops sit comfortably between statement and subtlety, designed for effortless, everyday wear with a sense of intention.

Evil Eye Necklace with Chain Drops

This design stands out for its sense of movement. Diamond-set elements lead into fine chain drops that shift naturally as the necklace is worn, giving the piece a fluid, architectural quality. While the evil eye remains the focal point, the defining feature is the necklace’s movement and the way it responds to light. Together, these elements create a design of poetic elegance that feels both powerful and feminine.

Teardrop Evil Eye Necklace

This necklace reworks the traditional evil eye through a softer, more fluid lens. Instead of rigid lines, the motif appears almost in motion, with a teardrop form that feels gently melted rather than fixed. Diamonds trace the curve of the design, while enamel detailing adds contrast and depth without overpowering the form. Suspended from a fine chain with scattered accents, the piece is an interpretation of protection that’s thoughtful and modern.