White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands
Biden's decision to block the sale of US Steel was not about slighting Japan, it said.
India is the world’s biggest diamond processor and 80% of rough gemstone production is sent to the country for cutting and polishing.
With a strategy to create more jobs and boost exports, India intends to create a new trading hub for rough diamonds in direct competition with Dubai and Belgium.
Reuters reports in the video below.