Turkish central bank more than doubles inflation forecast to 58 pct for 2023

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

Turkish central bank more than doubles inflation forecast to 58 pct for 2023

STORY: Turkish central bank more than doubles inflation forecast to 58 pct for 2023 DATELINE: July 28, 2023 LENGTH: 00:01:23 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of the press conference (courtesy of ihlas news agency) 3. SOUNDBITE (Turkish): HAFIZE GAYE ERKAN, Governor Of Turkish Central Bank (courtesy of ihlas news agency) 4. various of the press conference (courtesy of ihlas news agency) 5. various of Turkish Lira 6. various of Turkish Central Bank STORYLINE: Türkiye's central bank revised its year-end inflation forecast to 58 percent, its governor said on Thursday. The bank's previous forecast in May was 22.3 percent. The bank's new governor Hafize Gaye Erkan explained that the inflation will temporarily increase due to exchange rate and financial measures, and her bank would continue the monetary tightening process until "a significant improvement in inflation is achieved." SOUNDBITE (Turkish): HAFIZE GAYE ERKAN, Governor Of Turkish Central

  • Product Code
  • ILEA001564628
  • Registered date
  • 2023/7/28 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 84.60(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Türkiye's Istanbul receives nearly 7 mln foreign visitors in Jan-May

    STORY: Türkiye's Istanbul receives nearly 7 mln foreign visitors in Jan-May SHOOTING TIME: Earlier footage DATELINE: June 27, 2024 LENGTH: 00:01:01 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul 2. various of tourists in Istanbul STORYLINE: Türkiye's Istanbul received nearly 7 million foreign visitors in the first five months of this year, setting a new record for foreign arrivals, according to data released by the Culture and Tourism Ministry on Wednesday. The data showed that the number of foreign visitors to Istanbul increased by 10.31 percent compared to the same period of the previous year. The metropolis welcomed 1.7 million foreign travelers in May alone, marking an 11.48 percent rise from last year and the highest number for the month. In May, the largest number of visitors to Istanbul came from Russia, followed by Germany, the United States, and Iran, according to the data. Meanwhile, in separate data, the ministry reported that from January to May,

      BYD launches 3rd EV model in Japan

      STORY: BYD launches 3rd EV model in Japan SHOOTING TIME: June 25, 2024/Earlier footage DATELINE: June 26, 2024 LENGTH: 00:01:25 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. SOUNDBITE (Japanese): ATSUKI TOFUKUJI, President of BYD Auto Japan 3. various of BYD SEAL STORYLINE: Chinese automaker BYD on Tuesday unveiled its third electric vehicle (EV), the SEAL, in Japan, as the company marches into the country's sedan market. The SEAL will be available in two versions, both with a battery capacity of 82.56 kWh, according to BYD Auto Japan Inc. at a press conference in Tokyo. The base model, priced at 5.28 million yen (about 33,110 U.S. dollars), offers a driving range of about 640 kilometers, while the all-wheel-drive (AWD) version went on sale at 6.05 million yen with a driving range of 575 kilometers. Deliveries are expected by the end of July for the base model and the end of August for the AWD version. Highlighting safety, sporty performance, and comfort, the newly i

        Freight throughput at China's Horgos Port exceeds 17 mln tonnes in Jan-May

        STORY: Freight throughput at China's Horgos Port exceeds 17 mln tonnes in Jan-May SHOOTING TIME: June 25, 2024 DATELINE: June 26, 2024 LENGTH: 00:01:02 LOCATION: HORGOS, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Horgos highway port 2. various of a China-Europe freight train in operation 3. SOUNDBITE (Chinese): LIANG HAO, Manager of Horgos Haocheng International Freight Forwarding Co., Ltd. STORYLINE: The freight volume passing through the Horgos Port in northwest China's Xinjiang Uygur Autonomous Region reached 17.518 million tonnes in the first five months of this year, an increase of 12 percent year-on-year, according to Horgos customs. A total of 3,248 China-Europe (Central Asia) freight trains passed through Horgos Port during the period, marking a year-on-year increase of 1.9 percent. SOUNDBITE (Chinese): LIANG HAO, Manager of Horgos Haocheng International Freight Forwarding Co., Ltd. "The business environment at Horgos Port has been improving. In the first five months of this year, our co

          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

            Egypt reports growth in electronic payment gateway operations

            STORY: Egypt reports growth in electronic payment gateway operations SHOOTING TIME: June 23, 2024 DATELINE: June 24, 2024 LENGTH: 00:00:47 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Ministry of Finance 2. various of Egypt's Minister of Finance Mohamed Maait speaking STORYLINE: Egypt's Minister of Finance Mohamed Maait said on Sunday that the Government Electronic Payment Gateway (GePG) has experienced growth in its operations from July 2023 to May 2024, referring the total value of services processed through GePG reached 2.5 trillion Egyptian pound (EGP) (about 51.9 billion USD) during this period, compared to 2.1 trillion EGP (43.6 billion USD) in the previous fiscal year. The electronic payment service for workers' salaries in the country saw a growth rate of 24 percent, amounting to 299.4 billion EGP (6.21 billion USD), versus 242.2 billion EGP (5.03 billion USD) in the same period of the last fiscal year. The minister further highlighted that the value of the electronic payment service

              Death toll in forest fire in SE Türkiye rises to 11

              STORY: Death toll in forest fire in SE Türkiye rises to 11 SHOOTING TIME: June 21, 2024 DATELINE: June 22, 2024 LENGTH: 0:01:23 LOCATION: DIYARBAKIR, Türkiye CATEGORY: SOCIETY SHOTLIST: 1. various of the site (courtesy of ihlas news agency) STORYLINE: The death toll from wildfires that ravaged southeastern Türkiye has climbed to 11, Health Minister Fahrettin Koca announced on his social media account on Friday. "The number of fatalities has risen to 11," Koca wrote, revising the earlier figure of five reported fatalities. The minister added that another 78 people were "affected" by the fires, with five patients still in intensive care. The fire has been distinguished by the firefighters, who are still working to cool down the affected area, according to Koca. The fire originated on Thursday night as a stubble fire in cultivated areas spanning the Cinar district of Diyarbakir province and the Mazidagi district of Mardin province, according to Interior Minister Ali Yerlikaya's statement on Friday. Fuele

                Forest fire in western Türkiye contained: minister

                STORY: Forest fire in western Türkiye contained: minister SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 00:01:20 LOCATION: Ankara CATEGORY: ENVIRONMENT SHOTLIST: 1. various of the forest fire 2. SOUNDBITE 1 (Turkish): IBRAHIM YUMAKLI, Turkish Minister of Agriculture and Forestry 3. various of the forest fire 4. SOUNDBITE 2 (Turkish): IBRAHIM YUMAKLI, Turkish Minister of Agriculture and Forestry 5. various of firefighting efforts STORYLINE: A forest fire in western Türkiye's Canakkale province has been contained, said Minister of Agriculture and Forestry Ibrahim Yumakli on Thursday. SOUNDBITE 1 (Turkish): IBRAHIM YUMAKLI, Turkish Minister of Agriculture and Forestry "We have crossed the entire area twice, and as of now, I can say that the Canakkale Eceabat fire is under control." The first extensive forest fire of the summer season, which the minister said has affected 575 hectares, was ignited by stubble burning in the Eceabat district of the province on Tuesday afternoon. SOUNDBITE 2

                  Forest fire kills 5, injures 44 in southeast Türkiye

                  STORY: Forest fire kills 5, injures 44 in southeast Türkiye SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: SOCIETY SHOTLIST: 1. various of the forest fire in southeast Türkiye (courtesy of ihlas news agency) STORYLINE: Five people were killed, and 44 others injured in a forest fire in southeastern Türkiye, Turkish Interior Minister Ali Yerlikaya said Friday. A stubble fire broke out on Thursday night in the cultivated areas between the Cinar district of the Diyarbakir province and the Mazidagi district of the Mardin province, Yerlikaya said on social media X. The fire was fueled by wind and quickly spread over a wide area, but it has been taken under control following firefighters' interventions, he said. Local authorities have issued warnings about the high risk of forest fires due to the forecasted extreme heat and dry weather conditions during the week. Türkiye is often subjected to forest fires in summer, especially in its western and southern regio

                    Chinese investment strongly promotes Namibia's economic development: minister

                    STORY: Chinese investment strongly promotes Namibia's economic development: minister SHOOTING TIME: June 18, 2024 DATELINE: June 20, 2024 LENGTH: 00:02:24 LOCATION: Windhoek CATEGORY: ECONOMY SHOTLIST: 1. various of the launch of Rossing's 2023 Sustainability and Performance Report 2. SOUNDBITE (English): TOM ALWEENDO, Namibia's Minister of Mines and Energy 3. various of the event STORYLINE: Namibia's mining industry is one of the largest contributors to the country's economy, with Chinese investment playing a significant role in the development of the uranium mining sector, Minister of Mines and Energy Tom Alweendo has said. In 2023, the mining sector contributed up to 14.4 percent of Namibia's gross domestic product, Alweendo said Tuesday at a press conference held in Windhoek, the capital of Namibia. He noted that Chinese investment has been instrumental in establishing Namibia as one of the world's largest producers of uranium. "I am honored to be here today to recognize the Rossing uranium min

                      China's Juncao technology helps PNG people improve livelihood: former official

                      STORY: China's Juncao technology helps PNG people improve livelihood: former official SHOOTING TIME: June 16, 2024 DATELINE: June 18, 2024 LENGTH: 00:01:45 LOCATION: FUZHOU, China CATEGORY: TECHNOLOGY/ECONOMY SHOTLIST: 1. various of the meeting 2. various of Juncao 3. SOUNDBITE (English): PETI LAFANAMA, Former governor of Papua New Guinea's Eastern Highlands Province STORYLINE: The 19th International Conference on Juncao Industry Development was held in Fuzhou, east China's Fujian Province on Sunday. Over 71 representatives from 19 countries and regions and more than 200 Chinese experts, scholars, and business representatives attended the meeting. Juncao, which in Chinese literally means "mushroom" and "grass," can be used to grow edible and medicinal mushrooms, as livestock feed or as a green barrier to control soil erosion. Having taken root in over 100 countries and regions, Juncao has been hailed by the locals as "the grass of happiness." SOUNDBITE (English): PETI LAFANAMA, Former governor of Papua