.RUSSIA'S ruby industry is actually under the gun. On January first the G7, a team of wealthy nations, and the European Alliance outlawed bring ins of rough rubies mined in Russia-- a 3rd of the total drawn out worldwide in 2022. On January 3rd the EU included Russia's state mining provider, and also its president, to its injunctions list. This is the first period of a complete sanctions plan: in March the G7 as well as EU will certainly outlaw Russian jewels that have been cut as well as fine-tuned abroad. In September they are going to offer a qualification plan to confirm where rubies were actually mined. These steps amount to the biggest modification to the business in decades. Why has it taken such a long time to impose injunctions on Russia's ruby industry-- as well as what effect will they have?