The Daily Populous

Wednesday June 5th, 2024 evening edition

image for Diamond industry 'in trouble' as lab-grown gemstones tank prices further

"A diamond is forever," but perhaps not for the increasing number of consumers spurning the gemstone for lab-grown counterparts, gold and even other colored gemstones.

The slogan was coined by diamond giant De Beers in 1948, capturing the impression of security and romance.

"Diamonds don't really fit in anymore despite the strong legacy of De Beers under Anglo," said independent diamond industry analyst Paul Zimnisky.

Diamond prices have fallen 5.7% so far this year, according to Zimnisky's rough diamond index, declining more than 30% from their all-time high in 2022.

Lab-grown diamond sales surged from just 2% of the global diamond jewelry market in 2017 to 18.4% in 2023, according to data provided by Zimnisky.

"The diamond industry is in trouble," Daga told CNBC, adding that he believes natural diamond prices could fall another 15%-20% over the next 12 months.

Similar to a natural diamond, a lab-grown diamond is graded based on the 4Cs — clarity, color, cut and carat weight. »

CNN: Russians are increasingly raping Ukrainian men on occupied territories

Authored by pravda.com.ua
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In the context of the full-scale war, sexual violence perpetrated by the Russian military has become commonplace as part of the terror unleashed against Ukrainians living in temporarily occupied territories.

The Russians’ victims include both men and women.

This is the conclusion made by CNN journalists who travelled to Kyiv to speak with prosecutors and victims of such crimes. »

Elders Of Amazon Tribe Slam Elon Musk's Starlink For Exposing Young Members To Porn, Social Media

Authored by ibtimes.co.uk
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Elon Musk's efforts to bring internet access to a secluded Amazonian tribe have backfired, according to tribal elders who blame social media and pornography for tearing the community apart.

Nine months ago, the arrival of Starlink, Musk's internet service, brought the web to the remote Marubo tribe along the Ituí River for the first time.

In addition, some scientists have raised concerns about the potential impact of large satellite constellations, like Starlink, on Earth's magnetosphere. »

Remote tribe gets hooked on internet porn

Authored by telegraph.co.uk
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Teenagers in a remote Brazilian tribe have become hooked on pornography months after they were given high-speed internet access via Elon Musk’s Starlink.

Alfredo also warned that members of the tribe have stopped speaking to their own families since they have gained access to the internet.

Tribe elder Tsainama Marubo, 73, said while everyone “was happy” when the internet arrived, “now things have got worse”. »

Mass graves and body bags: al-Shifa hospital after Israel's withdrawal

Authored by bbc.com
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Mass graves and body bags: al-Shifa hospital after Israel withdrew its forces.

In recent weeks, four mass graves have been uncovered at the site, with Palestinian search teams saying that several hundred bodies have been found.

The UN Security Council has expressed “deep concern” at the discovery of mass graves at both al-Shifa and Nasser hospital in southern Gaza. »