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Canada announces extended ban on imports of Russian diamonds

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Canada announces additional ban on imports of Russian diamonds

OTTAWA, March 2 – Canadian Minister of Foreign Affairs Melanie Joly announced that Canada is implementing additional import restrictions on Russian diamonds. This decision follows the country’s December 2023 ban on diamonds and diamond-related products from Russia, targeting indirect imports of Russian diamonds weighing 1 carat and above.

Joly stated, “It is consistent with the commitments made in February, May, and December 2023 by the G7 leaders to reduce revenues from the export of non-industrial diamonds from Russia.” The move aligns with the global efforts to curb the flow of Russian diamonds into the market, as outlined in a report by Xinhua news agency.

Russia holds the title of the world’s largest rough diamond producer and is a key player in the global diamond trade. With total exports exceeding nearly 5.2 billion Canadian dollars ($3.8 billion) in 2022, the country significantly contributes to the international diamond market. The G7 countries, collectively representing 70% of the world’s diamond market, are taking unified steps to address this issue.

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The new import restrictions imposed by Canada highlight the ongoing efforts to limit the impact of Russian diamonds on the global market. As part of a broader strategy to deter the export of non-industrial diamonds from Russia, this measure underscores the commitment of G7 nations to address this challenge collectively. The statement issued by Minister Joly underscores the significance of this decision in the context of international efforts to regulate the diamond trade.

IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

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Bank of America Associate Dies with Acute Coronary Artery Thrombus

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Bank of America Associate Dies with Acute Coronary Artery Thrombus

Bank of America (BAC. N) announced on Monday that an investment banker at the organization met his/her ultimate demise. 

While the netizens are searching and speculating about the reason behind a Bank of America employee’s death, it is unveiled that the deceased passed away of natural causes, reported Reuters.

The details were confirmed by the Chief Medical Examiner of the New York Office when he was asked about decoding the possible reasons for the employees’ deaths. An email from the New York Office confirmed this. 

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The organization announced that the person “died of acute coronary artery thrombus.” The alleged disease “causes the formation of a blood clot inside a blood vessel of the heart.”

In the wake of this, the employer organization, Bank of America, announced that it would extend support to the deceased’s family. It further added, “our focus is on doing whatever we can to support the family and our team, who are devastated.”

Identity of the Individual 

Until now, Bank of America hasn’t disclosed the individual’s identity, age or name. 

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Even the deceased’s relatives have not shared the identity of the person, while they continue to grieve about his/her death.

The deceased employee was an important part of the FIG or financial institutions group. The work of FIG is to provide advices to bank clients regarding deals. 

A source familiar with the deceased employee of Bank of America revealed that the employee was to also be “a former member of the U.S. Green Beret special forces.”

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As per another person associated with this matter, the Bank of America employee met his/her ultimate demise on Thursday. 

According to Nairametrics, this tragic death incident follows certain complaints by junior banking colleagues. The complaints comprise working hours of employees being more than 100 hours a week during 2020 and beyond.

Also Read: LVAC Shooting Update: Male Suspect Arrested, Near Las Vegas Gym On Flamingo Road

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New-Age Cheating Explained as IB Paper Leak Got 45K+ Downloads 

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New-Age Cheating Explained as IB Paper Leak Got 45K+ Downloads 

New-age cheating has currently dominated the of media headlines and social media platforms.

In this, students who sat for Class XII board exams for the International Baccalaureate Diploma Programme (IBDP) reportedly learned the question in on a Mathematics paper.

Later, they shared the questions online on social media. Moreover, they assisted students in different time zones who were yet to sit for the exam. 

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According to TOI, on May 1 and 2, the Math exam for two hours was conducted. However, reportedly on May 3, paper leaked news was discovered. 

These annual exams are conducted by IB in three time zones. 

IB has acknowledged the question leak situation due to difference in time zones. However, the country of origin of the leak hasn’t been made public yet. 

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Reportedly, principals in Mumbai alleged that the part was leaked from Turkey. 

Due to the time zone difference, the paper leak is more likely to benefit students in the Americas, Europe, Singapore, and Hong Kong. Moreover, it is less likely to benefit Indian students. 

The highlights of the report added that this is probably the first instance of a paper leak. The Switzerland-based board witnessed this scenario for the first time in its 55-year history, adds FirstPost.

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On Sunday, IB stated that there was no concrete evidence of the spread of the “time zone cheating.” However, they did discover a number of students who were involved in the practice. 

SCMP reported that “the materials were downloaded more than 45,000 times.”

What is the International Baccalaureate (IB)?

International Baccalaureate (IB) is a Switzerland-based board for providing education to students. It was founded in 1968 and is headquartered in Geneva, Switzerland. 

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Its curriculum is divided into 4 programmes for students from 3–19 years. 

1. Primary Years Programme (3-12 years)

2. Middle Years Programme (11-16 years)

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3. Diploma Programme (16-19 years)

4. Career-Related Programme (16-19 years)

India has a total of 210 IB World schools. Chennai, Bangalore, Kolkata, Mumbai and New Delhi have the larger concentrations of schools in India.

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Also Read: Mastermind of Rajasthan JEN paper leak case nabbed after three years

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North Braddock Church Shooting: Bernard Polite Threatened Pastor, Got Arrested

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North Braddock Church Shooting: Bernard Polite Threatened Pastor, Got Arrested

A church service in North Braddock, Pennsylvania was agitatedly disturbed on Sunday. 

A 26-year-old man, who was identified as Bernard Polite, is said to be behind the shooting that took place at Jesus’ Dwelling Place Church. 

Bernard Polite allegedly brandished a firearm during his sermon targeting Pastor Glenn Germany. 

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The shooting incident at North Braddock Church occurred shortly after 1 p.m.  NBC reported that Pennsylvania State Police charged the 26-year-old. 

Video Footage Obtained 

A video clip was obtained by the church’s deacon. Pastor Glenn Germany shared the footage online. In the clip, an alarming moment can be spotted when “the pastor was confronted by Polite, with the firearm visibly aimed in his direction.”

Pastor Germany said, “I was like, this is not happening” to CBS

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In the video, Deacon Clarence McCallister could also be spotted rushing towards the 26-year-old and throwing him to the ground. Deacon revealed that it was his stimulus that worked, as his mind reacted promptly to the pandemonium. 

Prior to this shooting incident, congregants had accumulated at the Jesus’ Dwelling Place Church to participate in the religious proceedings. Pastor Glenn Germany was guiding everyone. 

However, the peace of the surroundings broke out when police entered the church wielding a firearm with alleged intent.

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The attack on Pastor Glenn Germany is a lesson for the world to understand the importance of having strong security measures at in church. The safety of parishioners and clergy personnel should not be avoided at any cost. 

Many houses of worship are equipped with increased security. However, prompt readiness and alertness needs to be emphasized. 

According to TimesNow, congregations and religious leaders were advised by the authorities to continue being proactive and watchful while resolving any potential threats approaching.

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Also Read: LVAC Shooting Update: Male Suspect Arrested, Near Las Vegas Gym On Flamingo Road

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