Emerging markets trust China’s virus steps to keep rally going
Gauges of stocks, bonds and currencies in developing economies all rose in the five days through Friday as raw-material prices had their best week this year.
The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.
Prices for the precious rocks have fallen almost 12% in the past year, amid weakening diamond jewellery demand from China, the second largest consumer after the U.S.
While the sharp decline in crude prices has saved crude consuming nations hundreds of billions of dollars, the loss in revenues has caused crude exporting countries intense economic and financial pain.
Australian researchers have found a way to use diamonds to act as beacons in magnetic resonance imaging (MRI) scans and identify cancerous tumours before they become life-threatening.