Restrictions are expected to be introduced at the organization’s summit in May, according to the outlet The G7 is set to impose sanctions on large rough diamonds sourced from Russia, the Economic Times reported on Wednesday, citing industry executives. The move would potentially threaten millions of jobs in India, which is the world’s largest cutting…

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Sweden is heading for a mild recession after its GDP dropped by 0.8% in the second quarter compared to the first three months of the year, Statistics Sweden announced on Tuesday.  The economic downturn in the Nordic region’s largest economy is linked to reduced exports of goods and a decrease in inventories, which contributed negatively…