While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.
White House Officially Lifts Sanctions Against Myanmar
The announcement came right as U.S. industry leaders traveled to the country to discuss bilateral trade between it and the United States.
Washington, D.C.--The White House officially has lifted the sanctions against Myanmar (formerly Burma) that blocked rubies and jade from being imported to the United States for nearly a decade.
President Barack Obama signed an executive order on Oct. 7, in which he stated that the state of emergency declared against the country in 2008 was terminated due to Myanmar’s “substantial advances to promote democracy,” including elections held last November that led to the National League for Democracy winning a majority of seats in parliament and a “greater enjoyment of human rights and fundamental freedoms.”
This ended all the remaining economic and financial sanctions against Myanmar, which still included the import of rubies and jade as part of the Tom Lantos Block Burmese JADE Act of 2008.
Though the act expired in 2013, eliminating almost all the sanctions against the country, Obama signed an executive order reinstating the prohibition on the importation of any jade or rubies mined or extracted from Myanmar or any articles of jewelry containing them.
The order comes less than a month after Obama met with Myanmar State Counsellor Daw Aung San Suu Kyi to discuss the country’s change and development over the past five years, indicating at the time that he would remove the sanctions, and right as U.S. jewelry industry leaders traveled to the country to discuss bilateral trade between the two countries.
The group was led by American Gem Trade Association CEO Doug Hucker and President Jeff Bilgore, Jewelers of America President and CEO David Bonaparte, and the Gemological Institute of America’s Jim Shigley. Also on the trip was Timothy Haake of Haake/Fetzer, senior counsel to JA, and a representative from the Inle Advisory Group, a Myanmar-focused business consulting group.
This is the first meeting in Myanmar for representatives of the U.S. jewelry trade since Obama announced last month that he would lift the remaining sanctions, and was meant to re-establish direct lines of commerce between Myanmar and the U.S.
“Our goal in coming here is to demonstrate that the gem sector in Myanmar is as worthy as any in the world, and that responsible commerce can only help all of us improve and make democracy stronger,” Bilgore said.
Bonaparte added, “We are here to share with the people of Myanmar what our U.S. trade associations do to ensure product integrity, increase consumer confidence, and maintain responsible supply chains.”
The discussions on developing
The Ministry of Natural Resources and Environmental Conservation in Myanmar announced in July that for the time being, it would not renew mining permits after they expire, opting instead to focus on changes to the rules and regulations to create a safer environment for its workers.
The Latest

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.


The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.























