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The Israel Diamond Exchange (IDE) is officially launching a ground-breaking new campaign to encourage international buyers to purchase diamonds at the bourse. Called Fly to Buy, the campaign will enable diamond buyers to fly to Israel for free from October to December 2018, if they purchase $150,000 worth of diamonds during their visit to the exchange.
Israel’s Diamond Exchange, one of the three largest worldwide, is launching cryptocurrency in what it said Wednesday is a bid to increase trade and make transactions more efficient and transparent.
This is according to the latest nickel report ‘nickel: five things to look for in 2018' from Wood Mackenzie, which adds that China's financial pledges to Indonesian-based companies five years ago are bearing fruit. Indonesia will produce 25% of the world's nickel ore in 2018, with a larger proportion than ever being processed locally to nickel pig iron. Most of that will be used by the world's newest and largest single-site stainless melting complex which, in turn, offers a serious threat to the long-established yet financially exposed stainless melt shops in the West, the report says.