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This figure includes both gem stones and industrial diamonds. [33] Diamond production rose in 2005 to over 15,800,000 carats (3.16 t). [24] The high value-added diamond cutting industry is in decline in South Africa, mainly due to competition from low-cost labour countries such as India, China and Botswana. [34]
The Global Entrepreneurship Monitor (GEM) research project is an annual assessment of the national level of entrepreneurial activity in multiple, diverse countries. Today the study counts the participation of 115 countries and with longitudinal data dating back more than 20 years.
Rich alluvial diamond deposits make Namibia a primary source for gem-quality diamonds. Namibia is a large exporter of uranium and over the years the mining industry has seen a decline in the international commodity prices such as uranium, which has led to the reason behind several uranium projects being abandoned. Experts say that the prices ...
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GEM announced plans in December 1965 to merge with Parkview Drugs, a Kansas City-based chain, creating a new parent company called Parkview-GEM. [7] [8] The merger was finalize five months later. [9] A 1971 Democrat and Chronicle story reported that a lone gunman robbed more than $6,000 from the cashier’s office at a Rochester, New York, GEM ...
The analyst noted that demand peaked between 2017 and 2019 at just over 9.3 million barrels per day, according to data from the U.S. Energy Information Administration (EIA). The lockdowns during ...
But this time, it's flashing closer to a rapid slowdown as the labor market pivots to showing weak labor demand via higher unemployment, rather than just slower wage growth and lower job openings.
In economics, demand destruction refers to a permanent or sustained decline in the demand for a certain good in response to persistent high prices or limited supply. Because of persistent high prices, consumers may decide that it is not worth purchasing as much of that good, or seek out alternatives as substitutes.