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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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A
church officials argued about whether Jesus was a historical figure hurting the church's image
Answer:
The correct answer is 1) The British sought the aid of their North American colonies to fight the French.
Explanation:
The Albany Congress, held between June 11 - July 11, 1754 in Albany, New York, brought together representatives from seven of the British Thirteen Colonies in North America. The delegates, under the auspices of the British Board of Trade, gathered together to discuss plans regarding the security of the colonies, which had been threatened by the French colony of Canada and their Indian allies.
Relations between Britain and France had been worsening, and <u>the British sought the aid of its North American colonies to fight the French</u>, in what is considered the opening stages of the French and Indian War (1754-1763). As part of the security proposals, Benjamin Franklin presented the Albany Plan, proposing a unified government for the Thirteen Colonies. While the plan was rejected, the Albany Congress and the plan itself left a lasting legacy, as they would become blueprints for the future Continental Congresses and the American Revolutionary War.
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