The Diamond's Business

Video Description

This document delves into the global diamond industry, highlighting its struggle with globalization. From the diamond dealers of Antwerp to the mines of Botswana, it traces the journey of diamonds as a prime material in jewelry making, affected by global shifts. The story focuses on the Taché family, diamond traders for three generations, who moved from Lebanon to Antwerp in the late 1950s. The narrative explores the evolution of the diamond cutting industry, moving from skilled artisans to high-tech machinery, emphasizing Antwerp's historical role as a diamond trading hub. It also examines the shift towards countries with cheaper labor, like India, where a significant portion of diamond cutting has moved. The document captures the essence of the diamond trade's impact on global economies, from the rich mines of Africa to the bustling markets of India, illustrating how diamonds remain a vital part of luxury trade and national economies worldwide Director: François Rabaté