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By Seán Clinton OpEdNews 27 Oct 12 The stakes couldn't be higher for the $60 billion global diamond industry, and Israel's burgeoning diamond industry in particular, as the dynamic forces of economics, human rights, and politics careen towards a major showdown in Washington. The fallout is likely to blow the lid on a cozy cartel that has kept the scandal of cut and polished blood diamonds hidden from public scrutiny. In November members of the Kimberley Process (KP) diamond-regulatory system, ostensibly set up to end the trade in blood diamonds, will come under severe pressure to adopt a US proposal, rejected last June, which would slightly broaden of the definition of a " conflict diamond " to include rough diamonds linked to violence by government forces associated with diamond mining. The US proposal falls far short of the reforms initially sought by the KP Civil Society Coalition and other members of civil society , who want all diamonds, including c...