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The Rural Bank's 2017 Australian Wool Annual Review said that the spike was the end of a 20-year drop-off in wool prices.

The Seattle City Council passed the head tax to the consternation of the business community. Amazon paused construction on its last major office tower in Seattle and threatened not to move into the massive Rainier Square building, questioning the Council’s “hostile” attitude toward business. The City Council abruptly repealed the head tax a few weeks after passing it. Amazon ended up subleasing Rainier Square to other tenants anyway.

The Report on Contemporary Young People's Viewpoints on Marriage and Love, which was released on Monday, said the most desired family pattern for Chinese young adults－defined as people 19 to 35－is "parents plus children". Almost 70 percent of young males said life is incomplete without marriage.

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The Republican-controlled Senate voted 55-45 to pass the war powers resolution, which demands the US president terminate the use of US troops for hostilities against Iran without congressional approval.

The Queen and British Prime Minister Theresa May led commemorative events on the south coast of England on Wednesday to mark the 75th anniversary of the D-Day landings in Northern France in World War II.

The People's Bank of China (PBOC) reduced the RRR for RMB deposits by 1 percentage point, effective on Monday.

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The People's Bank of China, the central bank, has cut the required reserved ratio three times this year, releasing 1.75 trillion yuan in liquidity to fully support the economy.

The ROK's dialogue offer came three days after Kim ordered the destruction of the ROK-built facilities at Mount Kumgang, saying they were "shabby" and "unpleasant-looking", the DPRK's official Korean Central News Agency reported, adding that Pyongyang would propose an exchange of documents to work out the details.

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The Postal Service has been hurt financially by declines in first-class and business mail.

The Political Bureau urged building the Party's discipline comprehensively, deepening reform of the national supervision system and strictly punishing the corruptive activities that may harm the people's interests. Activities like cultivating personal power and forming interests groups must be strictly punished, the statement said.