BUSINESS | Why Louis Vuitton Bought The Second Largest Diamond In Modern History

The stones always known the story first. And they were trying to tell me something when I visited the jewelry workshop on the top floor of the Louis Vuitton Place Vendome flagship last year – I’m sure of it. “We are very serious about this here”, I thought I heard a perfect 19.31. unheated Madagascar sapphire say.

Now, the whole world is listening. Louis Vuitton just announced its acquisition of the second largest diamond discovered since 1905. The 1,750 carat Sewelo was unearthed in April 2019 in Botswana, a country that has become a leader in responsible mining. “Sewelo” means rare find.

Nobody expects us to put such an emphasis on high jewelry”, Michael Burke chief executive of Louis Vuitton, told the New York Times, “I think it will spice things up a bit. Wake up the industry”. Vuitton, which was founded in 1854, entered the jewelry market in 2004, and the High Jewelry world of one of a kind pieces and exceptional stones in 2009. The news of the Sewelo indicated a firm commitment to leadership it the category. “It’s a big unusual stone”, Burke said, “which makes it right up our alley”.

There are two questions I imagine people have on hearing this news, and seeing the image of what a thousand carat stone it. “That’s what a diamond look like?” And yes, the Sewelo is currently in its rough state, and the “diamond” as we recognize will be revealed when the stone is cut by highly trained experts (there are but a few in the world at this level) to see what it yields. The purchase displays a deep investment, and also took, according to Burke, “a little bit of guts and trust in our expertise”.

Jewelry insider were already privately messaging each other in anticipation of what Francesca Amfitheatr of, whose work is market by rich narrative and rigorous construction, might dream up around it once the stone itself “appears” after the cutting process. Her most recently high jewelry collection for Louis Vuitton, Riders of the Knights, was inspired by arms and armor and even Joan of Arc.

The next questions of course is, “if this is the second largest diamond unearthed since 1905 then what is the first?” That would be the Cullinan diamond, all 3,106 carats of it, which were unearthed in South Africa and now reside in the Tower of London, key elements in the British Crown Jewels.

The Cullinan stone was cut into two large main stones, and seven smaller stones. The largest (530) is at the head of the Sovereigns Sceptre with Cross, part of the coronation regalia meant to symbolize the king or queen’s temporal power as head of state.

The second largest, the Cullinan II, is on the Imperial State Crown right below the spinel knows as the Black Prince’s Ruby. The smaller stones yielded from the Cullinan are present in Queen Elizabeth’s personal collection including broches and pendant. She has said that they are referred to jokingly as “Granny’s chips” since she inherited them from her grandmother Queen Mary.

The path of the Sewelo from its current 1,758 rough state to an historic piece of Louis Vuitton High Jewelry will be one keenly watched and waited for in the jewelry world. Insiders will get a first view of it during a private dinner in Paris next week.


NEWS | Merkel Tells Germans To Stay Home Until After Easter To Beat Virus

BERLIN – Germany will extend social distancing measures introduced last month to slow the spread of the coronavirus to April 19 and the government will re-evaluate the situation the Easter holiday, Chancellor Angela Merkel said on Wednesday. Germany has closed schools, shops, restaurants, playgrounds and sports  facilities and many companies have stopped production to help … Continue reading NEWS | Merkel Tells Germans To Stay Home Until After Easter To Beat Virus

OSAKA, JAPAN – JUNE 28: Japanese Prime Minister Shinzo Abe and other world leaders attend a family photo session at G20 summit on June 28, 2019 in Osaka, Japan. U.S. President Donald Trump arrived in Osaka on Thursday for the annual Group of 20 gathering together with other world leaders who will use the two-day summit to discuss pressing economic, climate change, as well as geopolitical issues. The US-China trade war is expected to dominate the meetings in Osaka as President Trump and China’s President Xi Jinping are scheduled to meet on Saturday in an attempt to resolve the ongoing the trade clashes between the world’s two largest economies. (Photo by Kim Kyung-Hoon – Pool/Getty Images)

BUSINESS | Russia, Saudi Not Holding Oil Talks At The Moment: Kremlin

BUCHAREST | ROMANIA – Russia and Saudi Arabia are not holding talks regarding the oil market at the moment and Russian President Vladimir Putin has no immediate plans to have a phone call with Saudi leadership, Kremlin spokesman Dmitry Peskov said on Wednesday. Such talks could be set up quickly if necessary, Peskov added.

BREAKING NEWS | Saudi Arabia Announces 157 New Cases Of Coronavirus

RIYADH | SAUDI ARABIA – Saudi Arabia’s Ministry of Health announced 157 new cases of coronavirus on Wednesday, bringing the total number of cases in the Kingdom 1,720. Of the new cases reported, 78 were recorded in Madinah, 55 in Makkah and the rest in Riyadh, Qatif, Jeddah, Hufof, Tabuk, Taif and Al-Henakiyah. The ministry … Continue reading BREAKING NEWS | Saudi Arabia Announces 157 New Cases Of Coronavirus

NEWS | Saudi Authorities Arrest Coronavirus Curfew Violator After Posting Haircut Video

RIYADH | SAUDI ARABIA – Saudi police arrested a man in Al-Qassim who violated coronavirus regulations by bringing a barber into his home, state news agency SPA reported. Videos circulating on social media showed the man as he asked a barber to come into his house after authorities temporarily closed down barber shops and salons … Continue reading NEWS | Saudi Authorities Arrest Coronavirus Curfew Violator After Posting Haircut Video

WORLD NEWS | Putin To Hold Meeting By Video – Conference After Contact With Coronavirus Doctor: Kremlin

BUCHAREST | ROMANIA – Russian President Vladimir Putin will hold a government meeting on Wednesday by  video conference, the Kremlin said, a day after a doctor who met Putin last week said he had been diagnosed with the virus. Denis Protsenko last week gave Putin a tour of Moscow’s main coronavirus hospital and shook hands … Continue reading WORLD NEWS | Putin To Hold Meeting By Video – Conference After Contact With Coronavirus Doctor: Kremlin

WORLD NEWS | Russian Plane Take Off For U.S. With Coronavirus Help Onboard: State TV

BUCHAREST | ROMANIA – A Russian military transport plane took off from an airfield outside Moscow early on Wednesday and headed for the United States with a load of medical equipment and mask to help Washington fight coronavirus, Russian state TV reported. President Vladimir Putin offered Russian help in a phone conversation with President Donald … Continue reading WORLD NEWS | Russian Plane Take Off For U.S. With Coronavirus Help Onboard: State TV

ع / عام / وزير الحج: طلبنا من العالم التريث في إبرام عقود الحج حتى يتضح مسار الوباء واضعين نصب أعيننا سلامة ضيوف الرحمن والصحة العامة في العالم كأولوية 1441-08-07 هـ(واس)

BREAKING NEWS | Saudi Minister Tells Muslims To Wait On Making Haj Plans: State TV

RIYADH | SAUDI ARABIA – Saudi Arabia is urging Muslims to wait before making plans to attend the annual haj pilgrimage until is more clarity about the deadly coronavirus pandemic, the kingdom’s minister for Haj and Umrah said on Tuesday. Some 2.5 million pilgrims usually flock to the holiest sites of Islam in Mecca and … Continue reading BREAKING NEWS | Saudi Minister Tells Muslims To Wait On Making Haj Plans: State TV

FASHION | Haute Couture Fashion Week Has Been Cancelled In Light Of The Covid-19 Pandemic

BUCHAREST | ROMANIA – Those hoping for a return to fashion normalcy later this year will have to wait a little longer. French fashion’s governing body, the Federation de la Haute Couture et de la Mode, has officially cancelled the upcoming men’s and couture fashion weeks. The spring/summer 2021 men’s shows were originally scheduled for … Continue reading FASHION | Haute Couture Fashion Week Has Been Cancelled In Light Of The Covid-19 Pandemic

NEWS | CNN Host Chris Cuomo, Brother of New York Gov. Andrew Cuomo, Test Positive For Coronavirus

NEW YORK  – CNN host Chirs Cuomo says he has tested positive for coronavirus. ‘Sooooo in these difficult times that seem to get more difficult and complicated by the day, I just found out that I am positive for coronavirus’, he said in a statement posted to Twitter. ‘I have been exposed to people in … Continue reading NEWS | CNN Host Chris Cuomo, Brother of New York Gov. Andrew Cuomo, Test Positive For Coronavirus

BUSINESS | Saudi Aramco Asks Service Firms To Support Oil Output Hike: Source

RIYADH | SAUDI ARABIA – Saudi Aramco has asked key energy service companies to support its plans to lift oil production to its maximum capacity of 12 million barrels per day from April ‘for the foreseeable future’, a Saudi oil industry source told Reuters on Tuesday. The state oil giant has also told the service … Continue reading BUSINESS | Saudi Aramco Asks Service Firms To Support Oil Output Hike: Source

BREAKING NEWS | France To Rapidly Ramp Up Production Of Face Masks And Respirators: Macron

BUCHAREST | ROMANIA –  France plans to quickly ramp up domestic production of face masks and respirators to respond to urgent needs of hospitals and caregivers during the coronavirus epidemic, French President Emmanuel Macron said on Tuesday. During a visit to a face mask factory, Macron said France needs at least 40 million face masks … Continue reading BREAKING NEWS | France To Rapidly Ramp Up Production Of Face Masks And Respirators: Macron

CORONAVIRUS | Tokyo Records Most New Coronavirus Cases In A Day As Pressure For Lockdown Builds

BUCHAREST | ROMANIA – Japan’s capital recorded more than 70 new coronavirus infections on Tuesday for its highest tally in a single day, as pressure mounted on the prime minister to order a lockdown. Japanese cases topped 2,000, and public broadcaster NHK said 78 cases in Tokyo took its tally of infections past 500. Media … Continue reading CORONAVIRUS | Tokyo Records Most New Coronavirus Cases In A Day As Pressure For Lockdown Builds

HEALTH | U.S. FDA Authorizes Use Of New Two – Minute Test Kit For Coronavirus

BUCHAREST | ROMANIA – The U.S. Food and Drug Administration has authorized the emergency use of Bodysphere Inc.’s test that can detect the coronavirus in nearly two minutes, the privately held company said on Tuesday. The FDA has been rushing to approve test on an emergency basis and last week approved Abbott Laboratories’ test that … Continue reading HEALTH | U.S. FDA Authorizes Use Of New Two – Minute Test Kit For Coronavirus

BREAKING NEWS | UAE Imposes First Lockdown On Historic District To Slow Coronavirus

DUBAI – Dubai enforced the UAE’s first full lockdown on district housing the emirate’s famous gold and spice markets on Tuesday, to disinfect the normally bustling tourist and trade as part of efforts to stem the spread of the coronavirus. The United Arab Emirates has extended a daily overnight curfew for a nationwide disinfection drive … Continue reading BREAKING NEWS | UAE Imposes First Lockdown On Historic District To Slow Coronavirus

CORONAVIRUS : 1 Million Americans Have Been Tested in U.S. For Coronavirus

RIYADH | SAUDI ARABIA  – President Trump announced Monday that the United States has tested one million people in country for novel coronavirus. ‘Today we reached a historic milestone in our war against the coronavirus. Over one million Americans have been tested  – more than any other country by far. Not even close’, Trump told … Continue reading CORONAVIRUS : 1 Million Americans Have Been Tested in U.S. For Coronavirus

CORONAVIRUS | Trump Says U.S. Has Received Supplies From Other Countries, Including Medical Equipment From Russia

BUCHAREST | ROMANIA – President Trump said Monday that the United States has received donation from other countries to deal with the spread of the coronavirus, including supplies from Russia and China. ‘China sent us some stud, which was terrific. Russia sent us a very, very large planeload of things, medical equipment which was very … Continue reading CORONAVIRUS | Trump Says U.S. Has Received Supplies From Other Countries, Including Medical Equipment From Russia

RACE TO A VENTILATOR | Mercedes F1 Engineers Help Make A Breathing Aid For Coronavirus Patinets In Less Than 100 Hours

BUCHAREST | ROMANIA – Formula One engine manufacturer Mercedes has teamed up with clinicians and university engineers in London to design a breathing aid for coronavirus patients that can be quickly mass produced, a development that could help reduce the need for ventilators. The Continuous Positive Airways Pressure (CPAP) device, which was re-engineered from an … Continue reading RACE TO A VENTILATOR | Mercedes F1 Engineers Help Make A Breathing Aid For Coronavirus Patinets In Less Than 100 Hours

ROYALS | U.K.’s Prince Harry And Wife Meghan Bid Farewell To Royal Roles

BUCHAREST – Prince Harry and his American wife Meghan posted their last message as working members of Britain’s royal family on Monday before officially embarking on new careers without their ‘Royal Highness’ styles. Harry and Meghan shocked Queen Elizabeth and the other Windsors in January by announcing plans step back from their royal roles. A … Continue reading ROYALS | U.K.’s Prince Harry And Wife Meghan Bid Farewell To Royal Roles

ENTERTAINMENT | Manga Production Partners With Sumitomo Group To Air Saudi-Anime Series ‘Future’s Folktales’ In Japan

RIYADH | Saudi Arabia – Manga Production, a subsidiary of the Prince Mohammed bin Salman ‘Misk’ Foundation, announced Monday its partnership with Sumitomo Group to air the Saudi-anime series ‘Future’s Folktale’ across ‘J-com’ channel in Japan starting Saturday April 4th , 2020. The partnership was signed by two key representatives from the Kingdom of Saudi … Continue reading ENTERTAINMENT | Manga Production Partners With Sumitomo Group To Air Saudi-Anime Series ‘Future’s Folktales’ In Japan

CORONAVIRUS | Trump Shares Details On Machine That Disinfects Masks

RIYADH | SAUDI ARABIA – President Trump said the Food and Drug Administration approved a machine that could disinfect N95 masks, so health care providers could reuse them. ‘Each machine now can disinfect 120,000 masks per day’, Trump said today. ‘Now, think of that. Each machine can disinfect 120,000 masks per day. It will be … Continue reading CORONAVIRUS | Trump Shares Details On Machine That Disinfects Masks

ROYALS | Prince Charles Out Of Coronavirus Self – isolation, In Good Health After Testing Positive

BUCHAREST | ROMANIA – Prince Charles, 71, is out of self-isolation following the announcement last week that he tested positive for the novel coronavirus after displaying mild symptoms. Charles, who is first in line for the British throne, announced that he’s no longer in self-isolation through the Clarence House. ‘Clarence House has confirmed today that, … Continue reading ROYALS | Prince Charles Out Of Coronavirus Self – isolation, In Good Health After Testing Positive

BREAKING NEWS | Saudi Arabia To Process Requests To Travel Between Its 13 Provinces

RIYADH | SAUDI ARABIA – Saudi Arabia on Sunday a dedicated team to process requests to travel between its 13 provinces following the ban on traveling across provincial borders under the 21-day curfew established by King Salman bin Abdulaziz last week to slow the spread of coronavirus. ‘Based on the curfew order and no-movement restrictions … Continue reading BREAKING NEWS | Saudi Arabia To Process Requests To Travel Between Its 13 Provinces

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