Türkiye posts 4-bln-USD current account deficit in July

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Türkiye posts 4-bln-USD current account deficit in July

STORY: Türkiye posts 4-bln-USD current account deficit in July DATELINE: Sept. 13, 2022 LENGTH: 00:01:25 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. shot of Turkish flag 2. various of ports 3. various of Turkish central bank 4. various of Turkish lira and U.S. dollar 5. various of sea containers 6. various of cash counting 7. various of shipping trade in Türkiye STORYLINE: Türkiye's current account balance recorded a deficit of 4 billion U.S. dollars in July, up from 3.7 billion dollars in the same month last year, the data released by the central bank on Monday showed. Since November 2021, the Turkish current account balance has been in red ink on a monthly basis, while the 12-month rolling deficit increased to 36.58 billion dollars in July, according to the data. If gold and energy are excluded, however, the current account balance recorded a surplus of 3.74 billion dollars in July, up from 3.12 billion dollars of the same month last year. Meanwhile, the foreign trade deficit, a major component of

  • Product Code
  • ILEA001016524
  • Registered date
  • 2022/9/13 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 86.39(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    China, Vietnam open new border gate pair

    STORY: China, Vietnam open new border gate pair SHOOTING TIME: June 25, 2024 DATELINE: June 26, 2024 LENGTH: 0:01:39 LOCATION: FANGCHENGGANG, China CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of the ceremony and vehicles passing 2. various of the customs STORYLINE: China and Vietnam officially opened a new cross-border gate pair, including the customs gate of Lihuo-Bac Phong Sinh, linking the Dongzhong in China and the Hoanh Mo in Vietnam. The construction and upgrade of the Dongzhong border, including Lihuo customs gate, started in July 2019 and were accepted and approved in September 2023, involving a total investment of 1.614 billion yuan (about 222 million U.S. dollars). The border gate pair is expected to help shorten transport time and reduce costs for businesses. It will also facilitate immigration and trade, and step up people-to-people exchanges. Xinhua News Agency correspondents reporting from Fangchenggang, China. (XHTV)

      World Bank Group approves new financing for Egypt

      STORY: World Bank Group approves new financing for Egypt SHOOTING TIME: File DATELINE: June 25, 2024 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of banks in Egypt STORYLINE: The World Bank approved on Monday the provision of 700 million U.S. dollars in financing the Egyptian government, within the framework of the Development Policy Financing (DPF) program, to enhance macroeconomic stability. The DPF program is designed to support the government's efforts to address short-term economic challenges, contribute to strengthening structural reforms, increase the competitiveness of the economy, and improve the business environment in Egypt. Egyptian Minister of International Cooperation Rania Al-Mashat said the Egyptian government pledges to implement ambitious economic and structural reforms, aiming at creating a more competitive economy. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

        Japan to respond appropriately, any time to excessive yen moves: currency official

        STORY: Japan to respond appropriately, any time to excessive yen moves: currency official SHOOTING TIME: June 20, 2024/Earlier footage DATELINE: June 25, 2024 LENGTH: 00:02:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of banks in Japan 3. various of Tokyo Stock Exchange 4. various of Nikkei stock index STORYLINE: Japan stands ready to take appropriate steps against volatile currency moves at "any time," the country's top currency diplomat said Monday, as the yen neared the 160 line against the U.S. dollar, a level that previously prompted authorities to intervene in the market. Masato Kanda, vice finance minister for international affairs, warned that excessive yen fluctuations negatively affect the economy. "We are ready to take appropriate action at any time," he told reporters. The yen's weakness persists after the Bank of Japan's decision this month to hold off reducing bond-buying stimulus until its July meeting. The yen weakened to 159.94 per U.S. doll

          France's investments in Egypt amount to 7.2 bln USD: Egyptian PM

          STORY: France's investments in Egypt amount to 7.2 bln USD: Egyptian PM SHOOTING TIME: June 24, 2024 DATELINE: June 25, 2024 LENGTH: 00:00:49 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the cabinet headquarters 2. various of the meeting STORYLINE: In a meeting with a delegation of the French Chamber of Commerce and Industry and representatives of French companies working in Egypt on Monday, Egypt's Prime Minister Mostafa Madbouly stated that French investments in Egypt amounted to about 7.2 billion U.S. dollars through 940 French companies in the country. During the meeting, Mostafa Madbouly reviewed the projects implemented by these companies in Egypt, their future plans, and their proposals to develop their investments in Egypt. The Prime Minister expressed hope for French companies to increase their investments in Egypt, particularly in sectors like transportation, especially metro projects. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

            Egypt expects 2 bln USD in revenue from expat customs-free car import initiative

            STORY: Egypt expects 2 bln USD in revenue from expat customs-free car import initiative SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 00:00:58 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egyptian Finance Minister Mohamed Maait 2. various of an Egyptian port 3. various of new cars STORYLINE: Egyptian Finance Minister Mohamed Maait said on Thursday that the applications registered by expats, with an aim of benefiting from the zero-customs car import initiative, push expectations to about 2 billion U.S. dollars in revenue. The minister said that more than 250,000 "import approvals" have been issued, and over 35,000 imported cars have been released so far. The initiative allows expatriates to bring one personal-use vehicle to Egypt without incurring customs duties or taxes, including the value-added tax (VAT). Egyptians living abroad should make a five-year bank deposit in foreign currency. After five years, expatriates can withdraw their money in Egyptian pounds accor

              Türkiye increases passage fee for int'l ships through straits

              STORY: Türkiye increases passage fee for int'l ships through straits SHOOTING TIME: File DATELINE: June 14, 2024 LENGTH: 00:02:14 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of cargo ships passing through the Dardanelles Strait in Türkiye 2. various of cargo ships passing through the Bosphorus Strait in Türkiye 3. various of cargo ships in the Marmara Sea, Türkiye STORYLINE: Türkiye has raised the fees levied on international ships navigating through the strategic Turkish Straits connecting the Mediterranean Sea and the Black Sea, local media reported Thursday. Citing a statement of the Transport and Infrastructure Minister, Abdulkadir Uraloglu, the Dunya daily noted that the toll has surged to 5.07 U.S. dollars per ton, up from 4.42 dollars, with the new rate taking effect from July 1. "With the fees we collect, we are constantly improving the necessary infrastructure and traffic monitoring systems to enhance maritime safety and security as well as environmental safety in the Tur

                Türkiye fines Google nearly 15 mln USD over hotel searches

                STORY: Türkiye fines Google nearly 15 mln USD over hotel searches SHOOTING TIME: June 10, 2024 DATELINE: June 11, 2024 LENGTH: 00:01:03 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Google 2. various of people using Google 3. various of Google STORYLINE: Türkiye's Competition Board fined U.S. tech giant Google 482 million liras (around 14.88 million U.S. dollars) on Monday for failing to comply with an injunction related to hotel search queries. The regulatory body said in a statement that Google had not implemented "precautionary measures suggested for hotel searches," blocking competing local search engines on its platform and undermining fair competition. The fine comes after the competition board launched an investigation into Google in March and imposed a daily fine of 0.05 percent of its 2023 revenue starting from mid-April until it complied with the injunction. The move follows a similar decision by the watchdog in March, when it issued an interim injunction against social m

                  Türkiye's annual inflation exceeds 75 pct in May

                  STORY: Türkiye's annual inflation exceeds 75 pct in May SHOOTING TIME: June 2-3, 2024/Archives DATELINE: June 4, 2024 LENGTH: 00:01:10 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in Istanbul, Türkiye (Shooting date: May 17, 2024) (courtesy of ihlas news agency) 2. various of people at a discount cafe in Samsun, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) 3. various of people at a fish bazaar in Düzce, Türkiye (Shooting date: June 3, 2024) (courtesy of ihlas news agency) 4. various of people shopping in Safranbolu, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. Consumer prices rose by 3.37 percent in May, compared to an increase of 3.18 percent in April, as per data from the Turkish Statistical Institute. The highe

                    Turkish consumers' patience wears thin as inflation peaks at 75 pct

                    STORY: Turkish consumers' patience wears thin as inflation rate peaks at 75 pct SHOOTING TIME: June 3, 2024 DATELINE: June 4, 2024 LENGTH: 00:03:37 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Ankara 2. SOUNDBITE 1 (Turkish): SUAT ENGIN, Pensioner 3. various of Ankara 4. SOUNDBITE 2 (Turkish): NILGUN OZMEN, Pensioner 5. various of Ankara 6. SOUNDBITE 3 (Turkish): SELMA SONGUN, Housewife STORYLINE: With Türkiye's annualized inflation rate exceeding 75 percent in May, Turkish consumers are in desperate need of the relief promised by the government's disinflation efforts. Türkiye's inflation rate rose in May to 75.45 percent, official data revealed on Monday. That's the highest point since November 2022, and a significant jump from April's rate of 69.8 percent. "The worst is over," Treasury and Finance Minister Mehmet Simsek said on X after Monday's data release. The minister sought to reassure the public that relief is in sight. "We saw the highest level of annual inflation, which refl

                      Tokyo consumer inflation accelerates in May

                      STORY: Tokyo consumer inflation accelerates in May SHOOTING TIME: recent footage DATELINE: June 3, 2024 LENGTH: 00:00:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a year earlier, accelerating from a 1.6 percent rise in April, according to the internal affairs ministry. Seen as a leading indicator of nationwide trends in Japan, the Tokyo data released on Friday stood below the Bank of Japan's 2-percent target. The acceleration was largely pushed up by utility costs related to renewable energy promotion, as electricity bills increased for the first time in 16 months by rising 13.1 percent year on year. Meanwhile, prices of food excluding fresh items rose 3.2 percent, unchanged from the previous month. Xinhua News Agency correspondent