Italy's public debt tops 3 trillion USD for 1st time

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

Italy's public debt tops 3 trillion USD for 1st time

STORY: Italy's public debt tops 3 trillion USD for 1st time DATELINE: May 16, 2023 LENGTH: 0:00:55 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of monuments in Rome 2. various of banks in Rome 3. various of shops in Rome STORYLINE: Italy's public debt climbed above 3 trillion U.S. dollars in the latest reporting period, according to data released Monday. The Bank of Italy said that the government's debt was 2.790 trillion euros (3.022 trillion dollars) in March, up from 2.762 trillion euros (2.992 trillion dollars) in the previous month. It was the third consecutive month that the country's public debt went up and it is the first time that the figure crossed the 3 trillion dollars level. Despite the increase in public debt, Italy's ratio of debt to gross domestic product (GDP) has fallen since reaching an all-time high of around 155 percent of GDP during the peak of the coronavirus pandemic in 2020. The Italian economy afterwards has grown, and the debt-to-GDP ratio has declined to 144

  • Product Code
  • ILEA001297884
  • Registered date
  • 2023/5/16 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 62.31(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    U.S. GDP growth slows to annual rate of 1.6 pct in Q1

    STORY: U.S. GDP growth slows to annual rate of 1.6 pct in Q1 SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 0:01:06 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of U.S. Department of Commerce (April 25, 2024) STORYLINE: The U.S. gross domestic product (GDP) growth rate slowed down to an annual rate of 1.6 percent in the first quarter of this year, the U.S. Department of Commerce reported on Thursday. The latest data marks a sharp slowdown from the fourth quarter in 2023, when GDP grew by 3.4 percent, according to the Bureau of Economic Analysis. Compared to the fourth quarter, the deceleration of real GDP in the first quarter primarily reflected decelerations in consumer spending, exports, and state and local government spending and a downturn in federal government spending. These movements were partly offset by an acceleration in residential fixed investment. The newly released GDP estimate for the first quarter, in what was called an "advance" e

      A closer look at China's economic steadiness, vitality and potential

      STORY: A closer look at China's economic steadiness, vitality and potential SHOOTING TIME: Recent footage DATELINE: April 25, 2024 LENGTH: 0:02:41 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese economy related footage 2. SOUNDBITE 1 (Arabic): DIAA HELMY, Secretary-general, Egyptian-Chinese Chamber of Commerce 3. SOUNDBITE 2 (English): BENJAMIN MGANA, Chief Editor of Foreign News of The Guardian, Tanzania 4. SOUNDBITE 3 (English): BRENDAN AHERN, Chief investment officer with U.S.-based asset management firm Krane Funds Advisors LLC 5. SOUNDBITE 4 (English): XN IRAKI, Kenyan economist 6. SOUNDBITE 5 (English): STEPHEN PERRY, President emeritus of Britain's 48 Group Club STORYLINE: China's economic performance for the first quarter of this year was unveiled. Notably, the National Bureau of Statistics (NBS) reported a 5.3 percent year-on-year GDP increase in Q1, exceeding market projections and surpassing the government's annual target of around 5 percent. The performance is described as

        Global tourism revenue to total 5.8 tln USD in 2024: report

        STORY: Global tourism revenue to total 5.8 tln USD in 2024: report SHOOTING TIME: April 23, 2024 DATELINE: April 24, 2024 LENGTH: 00:02:30 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of the conference 2. various of cultural performances STORYLINE: Global tourism revenue is estimated to total 5.8 trillion U.S. dollars in 2024, marking an increase of 139.6 percent over the pre-pandemic level in 2019. The Report on World Tourism Economy Trends (2024) predicted that international tourist arrivals would amount to 13.579 billion in number this year, recovering to 103.9 percent of 2019. The report was released at an international tourism summit held in Wellington, New Zealand. At the same time, the report called for efforts by the global tourism industry to turn challenges into growth opportunities. Factors such as technological advancement and climate change should be proactively incorporated into the reshaping of the industry. The World Tourism Cities Federation Wellington Fragrant H

          Chinese tech firm to improve broadband for low-income households in Kenya

          STORY: Chinese tech firm to improve broadband for low-income households in Kenya SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:01:52 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of Connected Africa Summit 2024 2. SOUNDBITE(English): ADAM LANE, director of government affairs and partnerships at Huawei Kenya 3. various of Connected Africa Summit 2024 STORYLINE: Chinese technology firm Huawei said on Monday that it is stepping up its rollout of broadband infrastructure to low-income households in Kenya to boost the country's digital economy. Adam Lane, director of government affairs and partnerships at Huawei Kenya, said in the Kenyan capital of Nairobi that most high-end housing units have broadband connectivity options, including fiber optics, which is not the case for low-income housing. "We have specific technologies for low-income households that make it easier to connect to broadband and use fewer devices, which helps to reduce costs and accelerate access to the inte

            Global military spending surges amid conflicts, rising tensions: think tank

            STORY: Global military spending surges amid conflicts, rising tensions: think tank SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:01:13 LOCATION: Stockholm CATEGORY: MILITARY SHOTLIST: 1. various of the Stockholm International Peace Research Institute STORYLINE: Global military spending saw its steepest year-on-year increase last year since 2009, amid conflicts, rising tensions and insecurity, a Stockholm-based think tank said on Monday. In its latest report, the Stockholm International Peace Research Institute (SIPRI) said that total global military expenditure reached 2,443 billion U.S. dollars in 2023, an increase of 6.8 percent in real terms from 2022. The United States is the largest global spender. Lorenzo Scarazzato, a researcher at SIPRI's Military Expenditure and Arms Production Program, said that such an unprecedented rise in military spending is a direct response to a global deterioration in peace and security. While countries are prioritizing military strength, they r

              Common prosperity goals catalyze regional cooperation in China's Yangtze River Delta

              STORY: Common prosperity goals catalyze regional cooperation in China's Yangtze River Delta SHOOTING TIME: Recent footage DATELINE: April 21, 2024 LENGTH: 00:01:47 LOCATION: HANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Yangtze River Delta 2. SOUNDBITE (Chinese): XIA SHUNLI, Deputy chief engineer of Anhui Jianghuai Automobile Group Co., Ltd. 3. various of the Anhui Jianghuai Automobile Group Co., Ltd. STORYLINE: The Yangtze River Delta, one of China's most economically vibrant regions, has set its sights on taking the lead in promoting common prosperity with regional cooperation and own initiatives within its four provincial-level regions. The delta, encompassing the provinces of Jiangsu, Zhejiang, Anhui, and Shanghai Municipality, generates nearly a quarter of China's gross domestic product (GDP) with just 4 percent of its land area. In 2023, China called on the delta to take the leading position in promoting common prosperity, aiming to create a future in which prosperity is shared by e

                NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1

                STORY: NW China's Xinjiang sees foreign trade value up 42.7 pct in Q1 SHOOTING TIME: April 10, 2024 DATELINE: April 20, 2024 LENGTH: 0:00:57 LOCATION: URUMQI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region 2. various of a China-Europe freight train 3. various of Horgos Port in Horgos, northwest China's Xinjiang Uygur Autonomous Region STORYLINE: Total import and export value of goods in northwest China's Xinjiang Uygur Autonomous Region grew by 42.7 percent year on year to 93.63 billion yuan (about 13.2 billion U.S. dollars) in the first quarter of 2024, the second highest growth rate among all provinces, autonomous regions and municipalities in China, official data showed on Thursday. In March 2024 alone, Xinjiang's foreign trade value grew by 27.3 percent, registering growth for 29 consecutive months. From January to March, the region had conducted trade with 193 countries and regions across the globe. Kazakhstan and Kyrgyzstan

                  Japan logs trade deficit of 38 bln USD in fiscal 2023

                  STORY: Japan logs trade deficit of 38 bln USD in fiscal 2023 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:55 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: Japan's trade deficit in fiscal 2023 shrank around 70 percent from a year earlier to 5.89 trillion yen (about 38 billion U.S. dollars), government data showed Wednesday. In the fiscal year ended March, exports expanded 3.7 percent to 102.90 trillion yen, topping 100 trillion yen for the first time and marking a record high for the third straight year, according to a preliminary Finance Ministry report. Automobile exports, which account for about 17 percent of Japan's total, grew 30.2 percent to 17.88 trillion yen, eclipsing the previous record of 14.67 trillion yen in fiscal 2007. In contrast, imports dived 10.3 percent to 108.79 trillion yen, falling for the first time in three years, chiefly reflecting falls in imports of coal and liquefied natural gas. With a weaker yen inflati

                    Hong Kong charts 1.5-fold YoY increase in tourist arrivals in Q1

                    STORY: Hong Kong charts 1.5-fold YoY increase in tourist arrivals in Q1 SHOOTING TIME: file DATELINE: April 17, 2024 LENGTH: 00:00:33 LOCATION: HONG KONG, China CATEGORY: TOURISM SHOTLIST: 1. various of people at the check points 2. various of people in the streets of Hong Kong 3. various of firework show in Hong Kong STORYLINE: Hong Kong recorded over 11.23 million visitor arrivals in the first quarter this year, a 1.5-fold increase year-on-year and a 5-percent quarter-on-quarter hike, the Hong Kong Tourism Board (HKTB) announced on Tuesday, citing preliminary statistics. The figure reflects that the number of tourists registered a steady growth, the HKTB said. There were some 3.4 million tourist arrivals in March, up 40 percent from the previous year. Among them, more than 2.46 million were from the Chinese mainland, a year-on-year increase of 25.4 percent. Non-mainland visits exceeded 930,000, up 92.1 percent year-on-year, it added. The Tourism Board also announced that starting from May, it

                      Chinese economy in Q1 shows consolidated recovery momentum

                      STORY: Chinese economy in Q1 shows consolidated recovery momentum SHOOTING TIME: Earlier footage DATELINE: April 16, 2024 LENGTH: 0:00:54 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. SOUNDBITE 1 (English): JELENA GRUBOR STEFANOVIC, Serbian Chamber of Commerce and Industry in China 3. SOUNDBITE 2 (English): YANN BOZEC, President of Tapestry and President & CEO of Coach, APAC Region STORYLINE: China's gross domestic product (GDP) grew 5.3 percent year on year in the first quarter of 2024, data from the National Bureau of Statistics (NBS) showed Tuesday. The country's GDP reached 29.63 trillion yuan (about 4.17 trillion U.S. dollars) during this period, the NBS data showed. On a quarterly basis, the economy increased 1.6 percent in the first three months. Many business leaders have hailed the consolidated recovery momentum of China's economy in the first quarter of this year. SOUNDBITE 1 (English): JELENA GRUBOR STEFANOVIC, Serbian Chamber of Commerce and Industry in