Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
It may not be a white Christmas this year, but it is certainly going to be a green one, at least according to the National Retail Federation (NRF). The world’s largest retail trade association today announced that it has revised its initial holiday forecast (released on October 6) upward and expects holiday sales to rise 3.8 percent to a record $469.1 billion.
