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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Answer:
Congress was protecting slaves that were freed after the Civil War
Explanation:
Johnson held that blacks were not qualified to become U.S. citizens and that the measure would “operate in favor of the colored and against the white race.” It was mainly made to protect rights
He was in office from 1929 to 1933 and served as a reform Governor, promoting programs to combat the economic crisis besetting the United States at the time. In the 1932 presidential election, Roosevelt defeated Republican President Herbert Hoover in a landslide.
The direct outcome of the 1948 Arab-Israeli war was in favor of Israel where not only did Israel could expand her territories but the Jews also fended off the invading Arabs although most of the residents of Palestine had to flee at first.
Explanation:
The Arabs wanted to take complete control and were against any sort of Jewish settlements, especially in Palestine.
After the Jewish buses were ambushed, the war erupted quickly and became a civil war where both the Arabs and Jews fought against each other.
After Israel was declared independent, more lands were added which led to its expansion and the signing of the armistice by the Arabs for peace to reign in the area once again.
The electoral college selected George Washington unanimously. John Adams was the vice-president as the runner-up this time getting the vote of a majority of electors.