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China needs Russian coal. Moscow needs new customers

China is buying record amounts of cheap Russian coal, even as Western nations slam Moscow with sanctions over the invasion of Ukraine.
In April, not only did the world's second largest economy buy more coal from Russia than ever before, it also eliminated import tariffs on all types of coal, a move analysts say will mainly benefit Russian suppliers.
 

China slashes key interest rate as housing sales collapse

China on Friday slashed a key interest rate to rescueits slumping housing market and head off a major downturn inthe world's second largest economy.
The People's Bank of China cut its five-year loan prime rate (LPR) by 15 basis points to 4.45%, the second reduction this year and the largest on record.
 
When 25-year-old Maria Kozlovskaya gazes out of the window, she sees the green fields of the west of Ireland. It's a far cry from the shelled apartment buildings of her home city of Zaporizhzhia in southeastern Ukraine.
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North Korea is facing a COVID disaster. What does that mean for Kim Jong Un?

North Korean leader Kim Jong Un looks like he's in big trouble. His country has announced an "explosive" outbreak of COVID-19, reporting more than 2million cases of what it refers to as "fever" in little more than a week since its first reported case.
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Biden opens Asia trip with global issues and tech on agenda

U.S. President Joe Biden on Friday opened his Asia trip by highlighting the computer chip shortage that has bedevilled the world economy, touring a Samsung computer chip plant that will serve as model for a US$17 billion semiconductor factory the Korean electronics company plans to open in Texas.
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Sri Lanka closes schools, offices due to fuel shortage

Sri Lankan schools were closed and public officials were asked not to come to work in a desperate move to prepare for an acute fuel shortage that is expected to last days, with protests continuing amid the nation's worst economic crisis in decades.
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Movie reviews: 'Downton Abbey: A New Era' is plucky film meant for fans

This image released by Focus Features shows Tuppence Middleton as Lucy Branson, left, and Laura Carmichael as Lady Edith in a scene from "Downton Abbey: A New Era.
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Searchers find missing Arizona hiker dead, his dog alive with him

A missing hiker was found dead, his dog alive and lying next to him, in rugged forest in north-central Arizona five days after reporting he was lost, authorities said Thursday.
Searchers found the body of Donald Hayes on Wednesday near Mingus Mountain after six days of looking for the 74-year-old Prescott Valley man, the Yavapai County Sheriff's Office said in a statement.
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Elon Musk denies he sexually harassed flight attendant on private jet: report

Billionaire Elon Musk took to Twitter late on Thursday to denounce as "utterly untrue" claims in a news report that he had sexually harassed a flight attendant on a private jet in 2016.
Business Insider reported earlier on Thursday that Musk's SpaceX paid US$250,000 in 2018 to settle a sexual harassment claim from an unnamed private jet flight attendant who accused Musk of exposing himself to her.
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The man accused of attacking comedian Dave Chappelle during a performance in Los Angeles earlier this month is now facing attempted murder charges -- for an entirely different incident.
Isaiah Lee, 23, is accused of stabbing his roommate during a fight at a transitional housing apartment last December, according to the Los Angeles County District Attorney's Office.
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Norway: At least 3 injured in family-related stabbing attack

A suspect was arrested in Norway after at least three people were stabbed with a sharp object, leaving one critically injured Friday, police said.
Police at first said the attack in the village of Nore as random, but later clarified that there was “a family relationship” between the assailant and at least one of the victims.
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A Los Angeles man is facing multiple charges after prosecutors allege he was part of a group of anti-abortion activists who targeted a women's health clinic and stalked a doctor who provides abortion services, the San Francisco District Attorney's Office announced Thursday.
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