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Nur die Sprachversion, die im Originalveröffentlicht wurde, ist rechtsgültig. Gleichen Sie deshalb Übersetzungen mitder originalen Sprachversion der Veröffentlichung ab. Innovation is part of the DNA of our industry.”In his presentation Gareth Penny characterized the economic situation andits impact on the diamond industry as follows: “These are extraordinarytimes, which require extraordinary action, for an extraordinary product.” Hesaid that over the past 120 years the diamond industry has proven itsresilience, and he noted that after every recession the diamond industry hasexperienced an immediate resurgence. Penny said that we are now seeing earlysigns of recovery, noting that there is an increased demand for rough.However, he said, the crisis was not yet over.In terms of the extraordinary action required Penny said that it wasimportant to show confident leadership.

The event testifies to the importance andvitality of Israel as a world-class diamond center. There is no doubt thatthis meeting offers an important opportunity to raise issues and to receiveanswers to the questions regarding pertinent issues facing the industry atthis time,” he said.The Town Hall meeting, based on the traditional model of informal publicmeetings, was moderated by industry expert Chaim Even-Zohar. Varda Shinedelivered opening remarks, preceding a presentation by Gareth Penny, and aquestion and answer session. Shine said that the only certainty in today’seconomy is that the situation is constantly changing. is a Canadian-based oil and gas exploration andproduction company focused on developing large oil and gas reserves. InAlbania, Bankers operates and has the full rights to develop both the PatosMarinza and the Kucova heavy oil fields. Bankers’ shares are traded on theToronto Stock Exchange and the AIM Market in London, England under the stocksymbol BNK.SOURCEBankers Petroleum Ltd.Abby Badwi, President and Chief Executive Officer, (403) 513-2694; Doug Urch,VP, Finance and Chief Financial Officer, (403) 513-2691, Email:, Website: ; AIMNOMAD: Canaccord Adams Limited, Ryan Gaffney/ Henry Fitzgerald-O’Connor, +4420 7050 6500; AIM JOINT BROKERS: Canaccord Adams Limited, Ryan Gaffney/HenryFitzgerald-O’Connor, +44 20 7050 6500; Tristone Capital Ltd., Nick Morgan, +4420 7355 5800.

“This meeting is an additional step in IDI’sbroad-based efforts to support and promote the Israeli Diamond Industryduring this difficult time. The meeting was attended by hundreds of Israeli diamantaires, who cameto ask questions and exchange views with the leading management of theworld’s leading rough diamond supplier.Opening the meeting, Moti Ganz said that he welcomed the opportunity tohold this open discussion between the Israeli Diamond Industry and themanagement of De Beers. IDI Hosts Diamond Town Hall Meeting With Gareth Penny and Varda Shine of DeBeersDe Beers MD Praises the Leadership of The Israeli Diamond IndustryRAMAT GAN, Israel, June 18 /PRNewswire/ — Moti Ganz, Chairman of theIsrael Diamond Institute Group of Companies (IDI) today hosted Israel’s firstever Diamond Town Hall Meeting with Gareth Penny, Managing Director of the DeBeers Group and Varda Shine, Managing Director of the Diamond Trading Company(DTC). Bernie Sanders, Independent of Vermont, introduced legislation last week that would order the Commodity Futures Trading Commission to use its emergency powers to stop market speculators from pushing up oil prices.Last summer when oil prices hit record levels, numerous bills aimed at reining in speculation were offered, but no major overhaul of energy markets was adopted.The CFTC, which oversees commodity markets, said earlier this year it has not found evidence that any specific traders were responsible for the run up in oil prices in 2008.(Reporting by Ayesha Rascoe and David Alexander; Editing by David Gregorio) Barack Obama.