JAKARTA: Indonesia's exports hit a record high of $21.42 billion in August, boosted by surging commodity shipments, helping Southeast Asia's biggest economy post its largest ever monthly trade surplus, official data showed. Robust exports helped Indonesia pull out of recession in the second quarter, but analysts say its recovery may be slowed by COVID-19 infections and supply chain disruptions. The resource-rich country's August shipments rose 64.1% from a year earlier, according to data released by the statistics bureau on Wednesday, handily beating analysts' forecast in a Reuters poll for a 36.90% rise. Sales of palm oil, coal and natural gas, its top commodities, surged more than 100%. Shipments of copper, tin and steel also jumped. The August export value surpassed Indonesia's last record high of $18.65 billion in August 2011, during the previous global commodity boom. Commodity prices have been rising as more economies reopen from last year's COVID-19 lockdowns. Coal ... » Learn More about Indonesia’s August exports, trade surplus hit record as resources boom
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LENIN FARM, Moscow Region - A wealthy Communist strawberry tycoon who came second to Vladimir Putin in the last presidential election has accused the authorities of using his family against him to stop him from running for parliament this week. Pavel Grudinin, 60, a former Putin supporter, attracted over 8.5 million votes in 2018 when he ran against Putin and has long been touted as a possible leader of the Communists, the second biggest party in parliament. Grudinin will not be running in a Sept 17-19 parliamentary election though, after the Central Election Commission (CEC)refused to register him in July. It did so after his ex-wife Irina wrote to the CEC to flag what she said was her ex-husband's ownership of a foreign asset, which he and the Communists denied. It is illegal for electoral candidates to have foreign financial interests. The divorced couple's eldest son, Artyom, also became his father's political opponent in the election run-up by joining the ruling United ... » Learn More about Communist who took on Putin says his family was used to ban him from election
New Zealander Jawsh 685 is taking over the international charts with his siren jams. Image: Jawsh 685 and YouTube via AFP Relaxnews. A young New Zealander is behind one of the most popular TikTok tunes of the past few months. Jason Derulo recently headlined worldwide charts thanks to “Savage Love”, based on a melody by Jawsh 685. This hit has allowed the 17-year-old to pen a Columbia Records deal to advocate Maori heritage beyond Oceania. Joshua Stylah, aka Jawsh 685, did not expect his “Laxed (Siren Beat)” to become such a hit. He composed the tune in a few hours in his Auckland bedroom in July 2019. “I came home from school, brought out my laptop and started to mess around until I got that beat. I was just mixing and matching whatever I felt went right. I don’t have any specific to say about the beat itself, it honestly just came about!” said Jawsh 685 to NME magazine. While Jawsh 685 shared the tune on YouTube in July 2019, it only became a viral hit on TikTok several ... » Learn More about Who is 17-year-old hitmaker Jawsh 685?