Egypt's non-oil trade deficit downs 10.7 pct in Q2

STORY: Egypt's non-oil trade deficit downs 10.7 pct in Q2 DATELINE: Aug. 23, 2023 LENGTH: 00:00:55 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt 2. various of oil and gas fields STORYLINE: Egypt's non-petroleum trade deficit has reached 7.5 billion U.S. dollars in the second quarter (Q2) of 2023, showing a 10.7 percent dip from the same period last year, said the Egyptian cabinet on Tuesday. It said in a media release that the decrease in non-petroleum import value was behind the decline of the trade deficit, adding that non-oil imports value has dropped to 15.9 billion dollars in 2023 from 17.6 billion dollars in 2022. The value of the non-oil exports fell to 8.4 billion dollars in Q2 from 9.2 billion U.S. dollars in the same period last year, it said. China served as the most important non-oil trade partner with Egypt in Q2 in terms of trade volume, followed by the United States, Türkiye, Italy, Russia, and Saudi Arabia. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

China announces 17.6% rise in military spending

China announces 17.6% rise in military spending

BEIJING, China - The Chinese government announced March 4 it will increase defense spending by 17.6 percent in 2008, marking the 20th straight year of double-digit growth in its military budget. Jiang Enzhu (in this photo), a spokesman for China's National People's Congress, or parliament, told reporters that the government will spend 417,769 million yuan (about $58.79 billion) on its military this year, but its aim is purely defensive.

Netherlands turns to coal, renewables as gas usage falls

STORY: Netherlands turns to coal, renewables as gas usage falls DATELINE: Sept. 11, 2022 LENGTH: 00:00:56 LOCATION: HAARLEM, the Netherlands CATEGORY: ECONOMY SHOTLIST: 1. various of solar panels, gas and heaters in Haarlem 2. wind turbines STORYLINE: Companies and consumers in the Netherlands are using less natural gas and turning to coal and renewable energy sources as the country, like many other European countries, suffers from declining natural gas supplies from Russia. "Gas consumption has decreased across the society, from companies to consumers," Peter Hein van Mulligen, chief economist at Statistics Netherlands, told Xinhua. "This will undoubtedly continue for a while, which also has to do with the rising price. Everyone needs gas, so the price goes up and companies are looking for alternatives," he added. Natural gas consumption in the Netherlands amounted to 17.6 billion cubic meters over the first six months of 2022, which is 25 percent less than in the same period last year, according to St

SINGAPORE-NODX-FEBRUARY-GROWTH

SINGAPORE-NODX-FEBRUARY-GROWTH

(220317) -- SINGAPORE, March 17, 2022 (Xinhua) -- Photo taken on March 17, 2022 shows a container terminal in Singapore. Singapore's non-oil domestic exports (NODX) grew by 9.5 percent year on year in February following the 17.6 percent growth in January, Enterprise Singapore, a government agency, announced on Thursday. (Photo by Then Chih Wey/Xinhua)

SINGAPORE-NODX-FEBRUARY-GROWTH

SINGAPORE-NODX-FEBRUARY-GROWTH

(220317) -- SINGAPORE, March 17, 2022 (Xinhua) -- Photo taken on March 17, 2022 shows a container terminal in Singapore. Singapore's non-oil domestic exports (NODX) grew by 9.5 percent year on year in February following the 17.6 percent growth in January, Enterprise Singapore, a government agency, announced on Thursday. (Photo by Then Chih Wey/Xinhua)

SINGAPORE-NODX-FEBRUARY-GROWTH

SINGAPORE-NODX-FEBRUARY-GROWTH

(220317) -- SINGAPORE, March 17, 2022 (Xinhua) -- Photo taken on March 17, 2022 shows a container terminal in Singapore. Singapore's non-oil domestic exports (NODX) grew by 9.5 percent year on year in February following the 17.6 percent growth in January, Enterprise Singapore, a government agency, announced on Thursday. (Photo by Then Chih Wey/Xinhua)

17.6 billion USD taxes collected in India in February: gov't data

STORY: 17.6 billion USD taxes collected in India in February: gov't data DATELINE: March 2, 2022 LENGTH: 00:01:29 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of landmarks in New Delhi 2. various of market 3. various of street views STORYLINE: The gross revenue collected in the form of taxes in India during February stood at 1.3 trillion Indian Rupees (around 17.6 billion U.S. dollars), 18 percent higher than those collected in the same month last year and 26 percent higher than in February 2020, said the federal Ministry of Finance on Tuesday. During the month, revenues (Goods and Services Taxes, or GST) from the import of goods was 38 percent higher, and the revenues from the domestic transaction (including import of services) were 12 percent higher than the revenues from these sources during the same month last year. The ministry's statement said, "This high growth during February 2022 should also be seen in the context of partial lockdowns, weekend and night curfews and various restrict

Nissan FY 2014 group net profit rises 17.6% to 458 bil. yen

Nissan FY 2014 group net profit rises 17.6% to 458 bil. yen

Carlos Ghosn, chief executive officer of Nissan Motor Co., briefs reporters on the company's financial results for the year to March 31 during a press conference in Yokohama on May 13, 2015. Nissan's group net profit for the year rose 17.6 percent from the previous year to 457.57 billion yen ($3.8 billion). (Kyodo) ==Kyodo

China announces 17.6% rise in military spending

China announces 17.6% rise in military spending

BEIJING, China - The Chinese government announced March 4 it will increase defense spending by 17.6 percent in 2008, marking the 20th straight year of double-digit growth in its military budget. Jiang Enzhu (in this photo), a spokesman for China's National People's Congress, or parliament, told reporters that the government will spend 417,769 million yuan (about $58.79 billion) on its military this year, but its aim is purely defensive. (Kyodo)