ILEA002486981: Egypt raises fuel prices amid economic reform, transportation cost surge

Australian inflation rate slows to 3.6 pct

STORY: Australian inflation rate slows to 3.6 pct SHOOTING TIME: April 26, 2024 DATELINE: April 28, 2024 LENGTH: 0:02:07 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of a supermarket 2. various of street views in Australia STORYLINE: Australia's annual rate of inflation has fallen to 3.6 percent, according to official figures published by the Australian Bureau of Statistics (ABS) on Wednesday. The figure showed that the consumer price index (CPI) rose by 1.0 percent in the first three months of 2024 and 3.6 percent in the 12 months to the end of March. It marks a fall from a 4.1 percent rise in the CPI in the 12-month period to the end of December 2023. The ABS identified rising costs of education, health, housing, food and non-alcoholic beverages as the most significant drivers of inflation in the first quarter of 2024. Housing prices were 0.7 percent higher at the end of March than at the start of 2024 and 4.9 percent higher than 12 months earlier. Education costs rose 5.

Yemen's Houthis claim responsibility for attacks on British oil tanker, U.S. drone

STORY: Yemen's Houthis claim responsibility for attacks on British oil tanker, U.S. drone SHOOTING TIME: April 27, 2024 DATELINE: April 27, 2024 LENGTH: 00:00:59 LOCATION: Sanaa CATEGORY: MILITARY SHOTLIST: 1. various of Houthi military spokesman Yahya Sarea reading a statement in the Houthi-run al-Masirah TV channel in Sanaa, Yemen STORYLINE: Yemen's Houthi group said early Saturday that they had launched a missile attack and hit a British oil tanker in the Red Sea and shot down a U.S. drone in northern Yemen. "Our naval forces (on Friday) targeted a British oil ship, Andromeda Star, in the Red Sea with a number of appropriate naval missiles and hit it directly," Houthi military spokesman Yahya Sarea read a statement in the Houthi-run al-Masirah TV channel. "On Thursday, our air defense forces succeeded in shooting down an American MQ9 aircraft in the airspace of Saada Governorate (northern Yemen), while it was carrying out hostile missions and it was targeted by a suitable missile," he said.

Houthi leader vows to continue maritime attacks in Red Sea

STORY: Houthi leader vows to continue maritime attacks in Red Sea SHOOTING TIME: April 26, 2024 DATELINE: April 27, 2024 LENGTH: 0:01:59 LOCATION: Sanaa CATEGORY: POLITICS SHOTLIST: 1. various of Sanaa residents participating in a rally in Sanaa STORYLINE: Abdul Malik al-Houthi, the leader of Yemen's Houthi group, vowed on Friday to continue its naval operations in the Red Sea, rejecting media reports suggesting a decrease in Houthi maritime attacks, the Houthi-run al-Masirah TV reported. In a televised speech addressing a large rally in Sanaa, the Houthi leader said their maritime operations had expanded into the Indian Ocean, calling it "a new theater of confrontation." Al-Houthi also claimed that his group had attacked 102 vessels linked to Israel since the onset of the Israel-Hamas conflict on Oct. 7, 2023, adding that "successful strikes against Israeli-affiliated ships, occurring at a rate of approximately one every two days," underscore the group's naval capabilities. He added that the U.S. and B

Inflation in Sweden slows down in March

STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

Türkiye imposes export embargo on Israel pending Gaza ceasefire

STORY: Türkiye imposes export embargo on Israel pending Gaza ceasefire SHOOTING TIME: March 23, 2024 DATELINE: April 10, 2024 LENGTH: 00:01:14 LOCATION: Ankara CATEGORY: POLITICS SHOTLIST: 1. various of shipping trade in Türkiye (courtesy of ihlas news agency) STORYLINE: Türkiye enacted Tuesday new export restrictions on an array of products to Israel to push for a ceasefire in the Gaza Strip. The measures apply to 54 categories of products, including iron, paint, marble, steel, cement, aluminum, brick, fertilizer, construction equipment and products, as well as aviation fuel, according to a statement by the Turkish Trade Ministry. "This decision will remain in effect until Israel, within the framework of its obligations under international law, declares an immediate ceasefire in Gaza and allows a sufficient and uninterrupted flow of humanitarian aid into the strip," the ministry said. Israel must be "in full cooperation with the United Nations to allow the uninterrupted provision of all ba

Egyptian, Norwegian FMs discuss efforts to end Gaza conflict

STORY: Egyptian, Norwegian FMs discuss efforts to end Gaza conflict SHOOTING TIME: Archive DATELINE: April 8, 2024 LENGTH: 00:00:36 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. photo from the Egyptian Foreign Ministry's Facebook account 2. various of Egypt's Foreign Ministry STORYLINE: Egyptian Foreign Minister Sameh Shoukry held phone talks on Sunday with his Norwegian counterpart Espen Barth Eide, during which they discussed efforts to end the ongoing conflict in the Gaza Strip and contain the humanitarian crisis in the enclave. "The two ministers discussed the international efforts made to stop the ongoing conflict in the Gaza Strip and the recent moves to expand the base of countries wishing to recognize the Palestinian state," said the Egyptian Foreign Ministry in a statement. They also discussed measures to ensure the implementation of relevant United Nations Security Council resolutions, the latest of which is Resolution 2728, which was adopted in late March, demanding an immediate ceasefire in

Egypt launches poultry, egg price reduction initiative

STORY: Egypt launches poultry, egg price reduction initiative SHOOTING TIME: file DATELINE: April 2, 2024 LENGTH: 00:00:59 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a chicken farm in Egypt STORYLINE: Egyptian Prime Minister Mostafa Madbouly on Monday reviewed an initiative to reduce the prices of poultry and eggs by a rate ranging from 10 percent to 15 percent. Egyptian minister of agriculture and land reclamation explained that this initiative comes in response to the directives of the political leadership, as well as the government's initiatives and efforts to reduce commodity prices. As a result of this initiative starting Tuesday, the price of a kilogram of chickens on the farm is set to be 85 Egyptian pounds, and the price of a carton of table eggs to be 135 pounds. The minister confirmed that, in light of these announced prices, the price to the consumer will be a maximum of 95 pounds for poultry, and 145 pounds for eggs. Xinhua News Agency correspondents reporting from C

Chinese electric buses introduced to Ethiopia to advance green transport agenda

STORY: Chinese electric buses introduced to Ethiopia to advance green transport agenda SHOOTING TIME: March 26, 2024 DATELINE: April 2, 2024 LENGTH: 00:01:15 LOCATION: Addis Ababa CATEGORY: ENVIRONMENT SHOTLIST: 1. various of electric buses 2. SOUNDBITE 1 (Amharic): NAOL ABERA, Passenger 3. SOUNDBITE 2 (Amharic): MOHAMED MUSSA, Electric bus driver STORYLINE: Naol Abera was among the first passengers to board an electric bus for a recent journey from the Bole airport area to Shiro Meda in Addis Ababa, Ethiopia's capital. These electric buses were assembled by a local company using components imported from China. The Ethiopian government has allowed duty-free importation of EV components to promote the use of EVs and facilitate technology transfer in response to a global fuel price hike and climate change. SOUNDBITE 1 (Amharic): NAOL ABERA, Passenger "I am thrilled to see electric vehicles are introduced in Ethiopia. I believe that such kinds of vehicles would bring a positive impact on climate change.

Egypt, Ecuador discuss cooperation in oil, gas sector

STORY: Egypt, Ecuador discuss cooperation in oil, gas sector SHOOTING TIME: April 1, 2024 DATELINE: April 2, 2024 LENGTH: 00:00:49 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the meeting STORYLINE: Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla met with the Ecuadorian Ambassador to Egypt Denis Toscano Amores on Monday to discuss the cooperation between the two countries in oil and gas sector. During the meeting, El-Molla stressed that the opportunities for joint cooperation between the two countries are promising, especially in the field of oil and gas. For his part, the Ecuadorian ambassador affirmed his country's aspiration to cooperate with Egypt in various fields of petroleum, noting the desire of several oil companies from Ecuador to come to Egypt and review the investment opportunities available in the field of oil and gas. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

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

Egypt raises fuel prices amid economic reform, transportation cost surge

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