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Transcripts For CNNW CNN 20240706

opponents are sure acting like he is. we re following the major developing stories coming in right here to cnn news central. a surprise visit to the g7 summit in japan. president volodymyr zelenskyy will arrive in hiroshima this weekend to meet face-to-face with president biden and other world leaders. remember, the g7 used to be the g8 until russia was expelled. the impact of these talks, that could be effective. the u.s. now primed to let nato allies sent those fighter jets to kyiv. and a sweeping list of new sanctioning. nic robertson is in ukraine. he s made a lot of international visits before, but this one happening right now on the cusp of this widely anticipated counter-offensive. how important right now? it is important to zelenskyy. he s on the record as saying the country is not quite ready for the counter-offensive, but when you and go into the conversation recognizing what they tell you would be spin to send a counter-narrative, a propaganda to the russia

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Indian diamond trade raises concern over a recent statement by G7 leaders

"We had engaged with the G7 to discuss such sanctions and their implementation. We have reservations on the timelines announced for the implementation of restrictions. Recognizing the diversity of our industry, we believe there should be more flexibility in these timelines,"said Vipul Shah, chairman of Gem & Jewellery Export Promotion Council on Thursday.

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Russian Diamond Giant Halts Sales in Bid to Stop Prices From Plunging

Alrosa told customers that it will pause sales of rough diamonds in September and October, according to Bloomberg.

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Why has the UK banned Russia's diamonds? Will G7 countries follow suit?

British prime minister Rishi Sunak has announced a ban on Russian diamonds over the invasion of Ukraine. Other G7 countries are also considering sanctioning the priceless gems from Moscow. This comes as the Vladimir Putin-led country earned $4.7 billion from exports in 2021. The question, however, is: Will the sanctions be effective?

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