News (with Rapaport and National jewelers): U.S. Valentine's Day diamonds sales weak. Despite the nation's sluggish economy, Valentine's Day jewelry sales were stable for most retailer. 

De Beers takes $521m loss for 2007 due to weak U.S. dollar with sales -3% to $6.84b. 

DTC sales were -4% to $5.9b. 

Indian trade wants government to provide low interest dollar loans as overseas banks cut credit lines. 

Blue Nile 4Q-07 sales +23% to $112m, profits +31% to $7.5m, but stock plummets 20% on company warning of little to no growth for 2008 due to weak economy. 

U.S. 2007 polished imports +10% to $18b; polished exports +24% to $11b. Dec. polished imports +17% to $1.3b, polished exports +41% to $1b; 

Christie's 2007 jewelry sales +11% to $395m. 

India Jan. polished exports +21% to $1.3b; polished imports +228% to $517m; rough imports +9% to $892m. 

Rio Tinto 2007 diamond sales +22% to $1b with diamond profits +33% to $280m. 

Gold jewelry demand (4Q-07) -17% to 586 tonnes with India -67% to 54 tonnes due to surging prices. 

diamonds subprime From left De Beers chairperson Nicky Oppenheimer, De Beers MD Gareth Penny and De Beers finance director Stuart Brown" 

FOCUSING ON THE CHALLENGES From left De Beers chairperson Nicky Oppenheimer, De Beers MD Gareth Penny and De Beers finance director Stuart Brown" 

Better-quality diamonds still in demand in diamond subprime-hit US, says Oppenheimer

What are the Four C’s ? FOUR CHARACTERISTICS TO HELP YOU ASSESS YOUR DIAMONDS

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Asia Wholesale Jewelry Discover the secrets to buy asian wholesale jewelry 

If you want to make money on the Internet, you must associate yourself with products that sell well internationally...products like jewelry.