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It’s coming at a time when production is booming, especially in India, the world’s number two sugar producer. Farmers in Thailand are also collecting massive crops. World stockpiles are set to swell to the highest ever this season and stay near the record next year, according to the US department of agriculture. Sugar futures in New York have already slumped 25% in 2018. That’s the biggest loss on the Bloomberg Commodity Index, which tracks returns for 22 components.
"Unless there’s a weather issue, it doesn’t look that the bulls have any hope for a sustained rally," said Donald Selkin, a New York-based chief market strategist at Newbridge Securities, which oversees about $2bn. "Everybody is trying to do away with sugar and sugary products. You see that in supermarkets and grocery stores. Demand is going to remain less than it’s been in recent years. The price is doomed to stay low for a while."
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It would be "a. Johannesburg" that is a regional hub of commerce and has South Africa's premier international <span>airport. In fact, this city acted as a major commerce and trading hub for hundreds of years. </span>
Answer:
Historians John Thornton and Linda Heywood of Boston University have estimated that of the Africans captured and then sold as slaves to the New World in the Atlantic slave trade, around 90% were enslaved by fellow Africans who sold them to European traders.
Answer:
Benjamin Harrison
Explanation:
Under his presidency, Congress passed the Sherman Antitirust Act, outlawing monopolies.
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