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An outstanding instance obtains in the Caribbean island of Jamaica.

Analysts attributed the major decline in the Canadian gas rig counts to the very low gas prices on the Canadian natural gas spot market. The natural gas producers prefer curtailing their production rather than increasing in the current depressed market.

Andrew Steer, president of the Washington D.C.-based environmental group World Resources Institute, said on Monday in a statement that by withdrawing from the Paris Agreement, the Trump administration is showing that it cares about neither science nor economics.

Anand Rao, an AI consultant at PwC, said initially North America would have faster productivity gains from AI than China because of its mature infrastructure. "But China will begin to pull ahead of the US in AI in 10 years after it catches up on both relevant technologies and expertise," Rao said.

Analysts said demand for gold jewelry in China has been driving the global gold industry for long. "Demand for gold jewelry had bottomed out in 2016 after a strong price recovery curbed jewelry spending that year, amid world economic growth challenges and weaker consumer sentiment," said Zhu Yi, senior analyst of metals and mining at Bloomberg Intelligence.