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China Exports Post Surprise 32% Spike in June

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China Exports Post Surprise 32% Spike in June

China’s exports spiked more than expected in June as countries around the world pushed towards a pandemic recovery, official data showed Tuesday, while imports spiked on the back of rising commodity costs.

Demand for China’s goods has risen with the global rollout of vaccines and as economically painful lockdowns to curb the spread of Covid-19 persists.

Supply disruptions happening sporadically with virus resurgences elsewhere have also increased reliance on products from China, where the outbreak is largely under control, analysts say.

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Chinese shipments overseas surged 32.2 percent on-year last month, the Customs Administration said, much better than the 23 percent forecast and also well up from May.

Import’s also exceeded expectations, rallying 36.7 percent as the cost of key commodities such as iron ore, oil and copper surge. However, growth was below the more than 50 percent jump seen in May, which was the fastest in more than a decade.

While both figures show robust growth, recent months’ trade numbers have been bolstered by last year’s low base of comparison when the coronavirus forced parts of the country to shut down.

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UK’s PM Boris Johnson Reshuffles Cabinet

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UK's PM Boris Johnson Reshuffles Cabinet

British Prime Minister Boris Johnson began reshuffling his cabinet on Wednesday, moving some of his under-fire colleagues including Foreign Secretary Dominic Raab, who was demoted to Justice Minister after being criticised for his handling of the fall of Kabul.

After months of criticism of several of his top team for missteps and gaffes, Johnson finally started a process some say he wanted to do many weeks earlier, to make the changes he feels he needs to press on with his “levelling up” agenda to boost the economies of the North and Midlands in England.

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Gavin Williamson was the first to be sacked, as education secretary, after a widespread perception of incompetence in his handling of schools during the pandemic.

Justice Secretary Robert Buckland was next while Robert Jenrick, U. K’s housing secretary was sacked over his role in a development proposed by a Conservative Party donor.

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Haiti PM Sacks Prosecutor who Accused him of Links to President’s Murder

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Haiti PM Sacks Prosecutor who Accused him of Links to President’s Murder

The investigation into the assassination of Haitian president Jovenel Moise witnessed a major shocker, as the Caribbean island’s prime minister has sacked a prosecutor who had accused him of links to the killing.

The decision by Prime Minister Ariel Henry to fire prosecutor Bed-Ford Claude exposed the squabbling at the highest levels of what is left of Haiti’s government, more than two months after Moise was slain in his home by gunmen.

Henry’s move came hours after Claude asked the judge investigating Moise’s murder to charge the prime minister with involvement in the case.

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Claude had begun pointing the finger at Henry, based on alleged phone conversations that the prime minister had with one of the main suspects in the hours after the killing.

In a second letter, Claude also requested Henry be banned from leaving the island nation “for serious presumptions of assassination of the President of the Republic.”

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Afghan Universities will be Segregated by Gender – Taliban

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Afghan Universities will be Segregated by Gender - Taliban

Afghan universities will be segregated by gender, and a new Islamic dress code will be introduced, the Taliban has said.

Higher Education Minister Abdul Baqi Haqqani indicated women would be allowed to study, but not alongside men.

He also announced a review of subjects taught in schools.

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The Taliban have said they will not prevent women from being educated or having jobs. But since they seized control on 15 August, they have asked all women, except those in the public health sector, to stay away from work, until the security situation improves.

Sunday’s announcement of the higher education policy comes a day after the Taliban raised their flag over the presidential palace, signalling the beginning of their administration.

The policy marks a significant change from the accepted practice before the Taliban takeover. Universities were co-educational, with men and women studying side by side, and female students did not have to abide by a dress code.

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