Botswana economy hit hard as diamond slump deepens

Botswana is bracing for deeper spending cuts and a widening budget deficit as a prolonged slump in diamond demand pressures its economy, even as the country signals interest in expanding its stake in diamond giant De Beers.

JAR Collection set to Fetch $3m

A collection of 21 pieces by the celebrated jeweler JAR (Joel Arthur Rosenthal) is expected to sell for at least $3m at Christie’s Geneva.