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flag Lab-grown diamonds surge in popularity, hurting Botswana's natural diamond-dependent economy.

flag Lab-grown diamonds are gaining popularity, disrupting the diamond market and posing economic challenges for diamond-dependent countries like Botswana. flag These synthetic gems, cheaper and more sustainable, are increasingly chosen for engagement rings, especially in the US, causing natural diamond prices to drop. flag This shift impacts Botswana's economy, leading to issues like unemployment and reduced funding for healthcare and education.

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