Super rare, purple-pink diamond up for auction, could fetch $38 million

Mined by Russian diamond producer Alrosa, the 14.83-carat diamond was cut from the largest pink crystal ever found in Russia. (AP)
Short Url
Updated 12 October 2020

Super rare, purple-pink diamond up for auction, could fetch $38 million

  • The oval gem is named after a Russian ballet ‘The Spirit of the Rose’
  • Pink diamonds are both rare and aesthetically highly prized by collectors

HONG KONG: An extremely rare, vivid purple-pink diamond mined in Russia is expected to fetch up to $38 million when it goes under the hammer on Nov. 11, the auction house Sotheby’s said on Monday.
The oval gem, which is named after a Russian ballet ‘The Spirit of the Rose’, is the largest of its kind to be offered at auction. The trend for colored stones has increased as an asset class by the super-rich in recent years.
Mined by Russian diamond producer Alrosa, the 14.83-carat diamond was cut from the largest pink crystal ever found in Russia, Sotheby’s said.
“The occurrence of pink diamonds in nature is extremely rare in any size. Only one percent of all pink diamonds are larger than 10-carats,” said Gary Schuler, worldwide chairman of Sotheby’s jewelry division.
Naturally colored diamonds occur because they possess a particular lattice structure that refracts light to produce colored, rather than white, stones.
Pink diamonds are both rare and aesthetically highly prized by collectors, analysts say.
The gem is being shown in Hong Kong, Singapore and Taipei before being auctioned in Geneva on Nov. 11.


Billionaire admits cheating to beat Indian chess champ Viswanathan Anand

Updated 15 June 2021

Billionaire admits cheating to beat Indian chess champ Viswanathan Anand

  • Online brokerage firm founder Nikhil Kamath admitted to using “computers” to gain the upper hand

NEW DELHI: A young Indian billionaire has admitted to cheating in a shock win over five-time chess world champion Viswanathan Anand, saying it was for “fun and charity.”
Online brokerage firm founder Nikhil Kamath took on Anand during an online charity event on Sunday and caused quite a stir when he came out on top in a 30-minute rapid game.
The next day he admitted to using “computers” and the help of “people analyzing the game” to gain the upper hand.
“It is ridiculous that so many are thinking that I really beat Vishy sir in a chess game, that is almost like me waking up and winning a 100mt race with Usain Bolt,” Kamath tweeted.
“In hindsight, it was quite silly as I didn’t realize all the confusion that can get caused due to this. Apologies.”
Anand, acclaimed as the greatest player India has produced, played — and beat — a number of celebrity guests including cricketer Yuzvendra Chahal and Bollywood actor Aamir Khan during the event.
The 51-year-old grandmaster appeared to play down the whole affair.
“Yesterday was a celebrity simul for people to raise money It was a fun experience upholding the ethics of the game,” he wrote on Twitter.
“I just played the position (on the) board and expected the same from everyone.”
India’s chess federation saw the incident as violating the spirit of the game.
“We don’t expect anybody to get help from computers, at the national and state level we are following the protocols,” the federation’s secretary Bharat Chauhan told local media.
“(Kamath) was doing it for charity, he shouldn’t have done. This is really bad,” he added.
Anand won his first world title aged 30, and enjoyed great rivalries with the likes of Russian champions Gary Kasparov, Vladimir Kramnik and Soviet-born Israeli Boris Gelfand.


Jill Biden, Duchess of Cambridge learn bunny care on tour

Updated 11 June 2021

Jill Biden, Duchess of Cambridge learn bunny care on tour

  • Biden and the former Kate Middleton visited with 4- and 5-year-olds who attend Connor Downs Academy in Hayle
  • “It’s a huge honor to have you in the United Kingdom,” the duchess said just before the discussion

HAYLE, England: US first lady Jill Biden and Kate, the Duchess of Cambridge, learned about bunny care Friday as they toured a preschool during a joint outing in southwest England.
They also took part in a talk about early childhood education with experts from the UK and some from the United States who joined the discussion via Zoom.
“It’s a huge honor to have you in the United Kingdom,” the duchess said just before the discussion. She thanked Biden — a longtime English teacher — for her interest in early education, also a topic of interest for the duchess, who has three young children with husband Prince William.


Biden, 70, and the former Kate Middleton, 39, visited with 4- and 5-year-olds who attend Connor Downs Academy in Hayle. The school works with children who have experienced trauma. It also has outdoor classrooms where children plant vegetables and flowers and tend to rabbits.
Biden carried a bowl of carrots when the women went outside to see Storm, one of several bunnies housed in pens, and handed the bowl to a group of kids so they could feed him.
Before the indoor roundtable, Biden said she was glad to visit the school.
“I met some wonderful teachers and principals and most of all the children, who were so inspiring and well behaved,” the first lady said. “I couldn’t get over it.”
She is traveling with her husband, President Joe Biden, who is attending a Group of Seven summit of leaders from the world’s largest economies that opened Friday in Carbis Bay.
She thanked the news media for covering the appearance “because early childhood education is so important to lay the foundation for all of our students.”


Both women took notes during the discussion, which centered on child mental health and the importance of early education in childhood development.
As they departed, reporters asked Biden if she had sought advice from the duchess on meeting Queen Elizabeth II, which the Bidens are set to do at a summit reception later Friday, followed by tea with the monarch on Sunday at Windsor Castle.
“No, I didn’t,” the first lady replied. “We’ve been busy. Were you not in that room. We were talking education.”
Jill Biden is scheduled to head back to Washington after meeting the queen, while the president continues on to Brussels for a NATO summit and to Switzerland for a highly anticipated one-on-one summit with Russian President Vladimir Putin.


Top Swiss court rejects climate activists’ appeal over tennis stunt

Updated 11 June 2021

Top Swiss court rejects climate activists’ appeal over tennis stunt

  • ‘At the time of their action, there was no current and immediate danger’ under Swiss law, the court said
  • In September appeals court found them guilty of "trespassing", a ruling upheld by Federal Court on Friday

GENEVA: Switzerland’s highest court on Friday rejected an appeal by environmental activists who were sentenced for trespassing after invading a bank to play tennis dressed as Roger Federer.
The Federal Court dismissed the activists’ argument that their playful demonstration two and a half years ago was an emergency action justified by the climate crisis.
“At the time of their action, there was no current and immediate danger,” according to the definition under Swiss law, the court said in a statement.
In November 2018, the 12 activists entered a Credit Suisse branch in Lausanne to denounce Swiss tennis star Federer over his sponsorship deals with Switzerland’s second-biggest bank and its financing of fossil fuels.
In January last year, a lower court acquitted the 12 defendants, accepting their “state of necessity” legal argument, finding that they had acted legitimately in the face of the climate emergency.
But an appeals court reversed that verdict last September, heeding the view of the public prosecutor who urged judges to “practice law, not emotion,” according to Swiss news agency Keystone-ATS.
It found them guilty of “trespassing” — a ruling upheld by the Federal Court on Friday.
The activists immediately announced that they intended to take their case to the European Court of Human Rights, in defense of their “fundamental rights,” including the right to free expression and to demonstrate peacefully.
Laila Batou, a defense lawyer for one of the activists, slammed the decision and the court’s “lack of ambition,” according to Keystone-ATS.
“The Federal Court could have given a clear signal recognizing that global warming constitutes an imminent danger, but also that, in some situations, civil disobedience is necessary,” she told the news agency.
Instead, she said, the court “has ruled in favor of the powerful, the big corporations who can continue business as usual to the detriment of young people.”


Work dries up for Jordan’s donkeys as coronavirus cripples tourism

Updated 10 June 2021

Work dries up for Jordan’s donkeys as coronavirus cripples tourism

  • In 2019, the number of visitors to the UNESCO World Heritage site topped a million for the first time
  • Since Petra reopened in May, tourist numbers have been slow to rebound

PETRA, Jordan: Herds of hard-working donkeys once carried hordes of tourists on the rocky paths of Jordan’s Petra, but visitor numbers crashed amid the pandemic and the loyal animals are left without a job.
“Before coronavirus, we all had work,” said Abdulrahman Ali, a 15-year-old donkey owner at the ancient rock-carved desert city, where the sure-footed animals carry tourists up steep paths in the blazing sun.
“The Bedouins of Petra made a living and fed their animals,” he said, sitting waiting for a handout of fodder from a charity, explaining that many owners today are struggling to meet the cost of feeding them.
In 2019, the number of visitors to the UNESCO World Heritage site topped a million for the first time.
But in March 2020, the famous tourist destination was closed, and the crucial income from the tourists dried up.
“When tourism stopped, nobody could buy fodder or medicine anymore,” said Ali, who could earn as much as $280 on a good day, supporting his mother and two brothers.
“Anyone who has a little amount of money now spends it on his own food, not his animal.”
Before the pandemic, tourism made up more than a tenth of Jordan’s GDP, but revenues slumped from $5.8 billion in 2019 to $1 billion last year, according to government figures.
Since Petra reopened in May, tourist numbers have been slow to rebound.
Only some 200 visitors a day come to Petra, compared to more than 3,000 before the pandemic hit, said Suleiman Farajat, heading the Petra Development and Tourism Regional Authority.
Farajat said some 200 guides used as many as 800 animals — including horses, camels and mules as well as donkeys — for tourist rides across the desert site.
The economic ripple effect of tourism was widespread.
“Before the crisis, 80 percent of the inhabitants of the region depended directly or indirectly on tourism,” Farajat said.
“With the pandemic, not only working animal owners were affected, but also hotels, restaurants, those with souvenir shops or stores, and hundreds of employees have lost their jobs.”
Many donkey owners are turning to a clinic supported by the animal rights group PETA, where vets treat maltreated and malnourished donkeys for free.
“Before coronavirus, my family and I owned seven donkeys working in Petra,” said Mohammad Al-Badoul, 23, waiting with four other donkey owners to fill a sack with animal feed.
“We had to sell them for lack of income. Now we only have one, and I can barely feed it.”
Egyptian vet Hassan Shatta, an equine surgery specialist who runs the PETA clinic, said he launched a donkey-feeding program late last year.
“During the Covid-19 lockdown, and with the lack of tourism, people could not afford to feed their animals anymore,” Shatta said.
“Some of them ended up starving and we picked them up brought them here,” he added, noting some 250 animals had been treated, with some 10-15 cases arriving a day.
In the past, PETA had treated animals with deep cuts from being beaten or abused, but Farajat, from Petra’s tourism authority, says the working conditions of the donkeys is now “not that bad.”
But there are plans to replace some of the traditional donkeys with a new system of 20 electric cars introduced by the tourism board next month.
The cars will be “driven by the animal owners,” Farajat said.
Switching to electric cars will, Farajat hopes, put an end to the criticisms against the mistreatment inflicted on animals.


McDonald’s BTS-meal frenzy sparks virus closures in Indonesia

Updated 09 June 2021

McDonald’s BTS-meal frenzy sparks virus closures in Indonesia

  • At least 13 outlets that were deluged with online food-delivery drivers picking up the meal set were closed
  • The meal set of chicken nuggets, fries and a drink, first made available in Indonesia Wednesday

JAKARTA: More than a dozen Indonesian McDonald’s outlets were temporarily shuttered Wednesday over virus fears as the chain’s new BTS meal deal sparked frenzied buying from fans in the K-pop mad country.
Jakarta and several other cities slapped closure stickers on at least 13 outlets that were deluged with online food-delivery drivers picking up a meal set named after the hugely popular Korean boy band.
“We temporarily closed four of six McDonald’s stores here in Semarang for a couple of days,” said Fajar Purwoto, the city’s public order agency head.


“I don’t want Semarang to be in the Covid-19 red zone again.”
Indonesia is one of the hardest-hit nations in Asia.
Jakarta authorities did not respond to requests for comment. But local media said five stores in the capital were shut over BTS-meal orders.
The meal set of chicken nuggets, fries and a drink, first made available in Indonesia Wednesday, has been on offer in dozens of countries since May.
BTS have become global superstars with millions of fans around the world since their debut in 2013.