2023 has been a tough year for the global diamond industry. After a boom during the pandemic, prices of the precious stone have dropped significantly amid oversupply, higher interest rates and increasing competition from lab-grown gems. And starting on New Year's Day, EU members will no longer be allowed to buy diamonds that come directly from Russia, unless the stones are intended for industrial purposes. FRANCE 24's Yuka Royer asks industry analyst Paul Zimnisky how much impact these sanctions could have.
Also on the programme:
Geopolitical tensions and climate change are putting Italy's culinary staple at risk. Our correspondents report on how the country's pasta industry continues to face a crisis.
And a grand Hindu temple in northern India is set to open soon. The multi-billion-euro project is slated to boost the local economy, but some are feeling left out of the boom. We take a closer look.
