ILEA001022829: Iraq exports over 98 mln barrels of crude oil in Sept.

IMF reviews to unlock 360-mln-USD loan for Ghana

STORY: IMF reviews to unlock 360-mln-USD loan for Ghana SHOOTING TIME: April 13, 2024/File DATELINE: April 15, 2024 LENGTH: 00:03:06 LOCATION: Accra CATEGORY: ECONOMY SHOTLIST: 1. various of the IMF joint press briefing 2. SOUNDBITE 1 (English): STEPHANE ROUDET, IMF mission chief for Ghana 3. various the IMF joint press briefing 4. SOUNDBITE 2 (English): ERNEST ADDISON, Bank of Ghana Governor 5. various of the IMF joint press briefing 6. various of the Central Business District of Accra (file) STORYLINE: A staff review team of the International Monetary Fund (IMF) said on Saturday that the second review of Ghana's reform program would unlock 360 million U.S. dollars for the West African country. In a statement, the IMF said Ghana's performance under the program has been generally strong, with most quantitative targets met and key reforms implemented. This positive outcome of the review, the statement said, would pave the way for the West African country to draw the scheduled 360 million dollars as

Australian winemakers excited about re-entry of bottled wine into Chinese market

STORY: Australian winemakers excited about re-entry of bottled wine into Chinese market SHOOTING TIME: March 17, 2024 DATELINE: March 31, 2024 LENGTH: 00:01:45 LOCATION: ADELAIDE, Australia CATEGORY: ECONOMY SHOTLIST: 1. various of the Dowie Doole winery in South Australia's McLaren Vale 2. various of Chris Thomas, managing director and chief winemaker of the Dowie Doole winery STORYLINE: China's Ministry of Commerce announced on Thursday that the country will lift anti-dumping and anti-subsidy tariffs on Australian wine from Friday. Australia welcomed China's decision, which comes at a critical time for the Australian wine industry, said an Australian government statement. The re-entry of Australian bottled wine into the Chinese market will benefit both Australian producers and Chinese consumers, the statement said. Australia's wine exports to China were worth 1.1 billion Australian dollars (some 713 million U.S. dollars) in 2019. Prime Minister Anthony Albanese said in the wine region of Hunter Valley

Australia welcomes China's tariff lifting on Australian wine

STORY: Australia welcomes China's tariff lifting on Australian wine SHOOTING TIME: March 28, 2024 DATELINE: March 29, 2024 LENGTH: 00:01:35 LOCATION: Canberra CATEGORY: POLITICS/ECONOMY/MARKET SHOTLIST: 1. various of Australian winery 2. various of bottled wine in supermarkets STORYLINE: Australia has welcomed China's decision to lift anti-dumping and anti-subsidy tariffs on Australian wine. A joint media release from Australian government agencies said that the Australian side welcomes this outcome, which comes at a critical time for the Australian wine industry, adding that "the re-entry of Australian bottled wine into the Chinese market will benefit both Australian producers and Chinese consumers." China's Ministry of Commerce on Thursday announced that the country will lift anti-dumping and anti-subsidy tariffs on Australian wine from Friday. The media release introduced that Australia's wine exports to China were worth 1.1 billion Australian dollars (some 713 million U.S. dollars) in 2019.

Imports via south China border gate hit high in Jan-Feb

STORY: Imports via south China border gate hit high in Jan-Feb SHOOTING TIME: March 19, 2024 DATELINE: March 26, 2024 LENGTH: 00:02:16 LOCATION: NANNING, China CATEGORY: ECONOMY SHOTLIST: 1. various of the port 2. various of the imports 3. SOUNDBITE (Chinese): LI QIANCHANG, Employee of Guangxi Oheng Import and Export Co., Ltd. 4. various of the port STORYLINE: The Youyiguan border gate in south China's Guangxi Zhuang Autonomous Region saw a significant increase in trade with ASEAN countries in the first two months of 2024, according to local customs. The total imports and exports with ASEAN countries via the Youyiguan border gate in January and February reached 65.6 billion yuan (about 9.1 billion U.S. dollars), up 25.8 percent year-on-year, accounting for 99 percent of the port's total. Among the goods, agricultural imports from ASEAN countries amounted to 1.54 billion yuan (about 214 million U.S. dollars), making up 6.7 percent of the total imports from ASEAN countries. Notably, fresh durian import

Egypt raises fuel prices amid economic reform, transportation cost surge

STORY: Egypt raises fuel prices amid economic reform, transportation cost surge SHOOTING TIME: Archive DATELINE: March 23, 2024 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Egyptian Ministry of Petroleum 2. various of fuel stations in Cairo STORYLINE: Egypt announced on Friday it would raise the prices of fuel due to the impact of exchange rate liberalization on the economy and rising transportation costs of petroleum products. The Ministry of Petroleum and Mineral Resources said in a statement that gasoline prices would rise by one Egyptian pound (about 2 U.S. cents) per liter, bringing the price of 80-octane gasoline to 11 pounds, 92-octane gasoline to 12.5 pounds, and 95-octane gasoline to 13.5 pounds. The ministry attributed the price hike to exchange rate liberalization and the rising transportation costs of petroleum products, exacerbated by tensions in the Red Sea. Additionally, diesel prices rose to 10 pounds per liter from 8.25 pounds, and the price of the 12.5

Blinken visits Israel as Gaza death toll tops 32,000

STORY: Blinken visits Israel as Gaza death toll tops 32,000 SHOOTING TIME: March 22, 2024 & File DATELINE: March 23, 2024 LENGTH: 0:01:35 LOCATION: Jerusalem CATEGORY: POLITICS SHOTLIST: 1. various of Netanyahu and Blinken (Courtesy of GPO) 2. various of Netanyahu's statement after the meeting with Blinken 3. various of IDF in Gaza (Courtesy of IDF) 4. various of humanitarian aid entering Gaza (Courtesy of IDF) STORYLINE: U.S. Secretary of State Antony Blinken made his eighth visit to Israel on Friday since the outbreak of the Israel-Hamas conflict on Oct. 7, 2023. The visit comes at a time when the death toll in the Gaza Strip surpassed 32,000, as announced by the Hamas-run health ministry in the Palestinian enclave. "I met with (U.S.) Secretary of State Blinken. I told him that I greatly appreciate the fact that for more than five months we have been standing together in the war against Hamas," Netanyahu was quoted as saying in a statement released by Israel's Government Press Office. He noted that Isr

China's Xinjiang posts robust foreign trade growth in Jan-Feb

STORY: China's Xinjiang posts robust foreign trade growth in Jan-Feb SHOOTING TIME: Archives DATELINE: March 21, 2024 LENGTH: 00:00:33 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of land ports and freight trains in Xinjiang STORYLINE: The foreign trade of northwest China's Xinjiang Uygur Autonomous Region surged by 51.4 percent year on year in the first two months of this year, local authorities said. The region's total imports and exports reached 63.69 billion yuan (about 8.97 billion U.S. dollars) during this period, according to the Urumqi Customs. In the January-February period, the region engaged in trade with 186 countries and regions worldwide. Its trade with five Central Asian countries amounted to 43.74 billion yuan, accounting for 68.7 percent of the total. Private enterprises in Xinjiang showed a strong performance in foreign trade during the period. Their trade value soared 48.1 percent year on year to reach 59.81 billion yuan, accounting for 93.9 percent of the r

Egypt's PM orders faster release of goods at ports to lower prices

STORY: Egypt's PM orders faster release of goods at ports to lower prices SHOOTING TIME: File DATELINE: March 5, 2024 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of ports in Egypt STORYLINE: Egypt's Prime Minister Mostafa Madbouly said on Monday that he had reviewed the movement of goods and freight in the country's ports and ordered the swift and immediate release of essential items amid a rise in U.S. dollar resources. Madbouly said in a statement that the presidential directives aimed to ease the flow of goods at various ports, especially food, medicine, fodder and production inputs, which would help balance and lower prices. He also said that the government was pursuing its reform measures to support the industrial sector and boost exports, as well as the agriculture, tourism and communications sectors, adding that these are part of the state's plan for structural reform. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

Cameroon raises fuel prices

STORY: Cameroon raises fuel prices SHOOTING DATE: Feb. 3, 2024 DATELINE: Feb. 4, 2024 LENGTH: 00:01:26 LOCATION: Yaounde CATEGORY: ECONOMY SHOTLIST: 1. various of street views and gas stations in Yaounde 2. SOUNDBITE 1 (French): ERIC BANGSI, Taxi driver in Yaounde 3. SOUNDBITE 2 (French): AYANG DJOWE BRUNO, Motorbike driver in Yaounde 4. various of street views and gas stations in Yaounde STORYLINE: The Cameroonian government on Friday hiked fuel prices, which went into effect from Saturday. According to a statement by Seraphin Magloire Fouda, Secretary General at the Prime Minister's Office, the price of a liter of Super has been increased from 730 XAF (approximately 1.21 U.S. dollars) per liter to 840 XAF (approximately 1.39 U.S. dollars) and gasoline increases from 720 XAF (approximately 1.19 U.S. dollars) per liter to 828 XAF (approximately 1.37 U.S. dollars). Fouda said in a statement Friday night that the price increase was "due to the need to absorb the growing budgetary constraints that the s

Iraq exports over 103 mln barrels of crude oil in Jan.

STORY: Iraq exports over 103 mln barrels of crude oil in Jan. SHOOTING DATE: Earlier footage DATELINE: Feb. 3, 2024 LENGTH: 00:01:08 LOCATION: Baghdad CATEGORY: ECONOMY SHOTLIST: 1. various of crude oil factory STORYLINE: Iraq exported 103.5 million barrels of crude oil in January, generating 8.025 billion U.S. dollars in revenue, the country's Oil Ministry announced on Friday. The average price of Iraqi crude oil in January was 77.53 dollars per barrel, the ministry said in a statement, citing preliminary statistics from the State Organization for Marketing of Oil, an Iraqi company. About 102 million barrels were exported from oil fields in central and southern Iraq via the port of Basra, and about one million barrels from the Qayyara oilfield in the northern province of Nineveh while, in addition, 464,306 barrels were sent to neighboring Jordan during the month, the statement said. Iraq's economy heavily relies on crude oil exports, which account for more than 90 percent of the country's reve

Iraq exports over 98 mln barrels of crude oil in Sept.

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