Search｜Photos & Images & Videos｜KYODO NEWS IMAGES INC

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

US Federal Reserve Chair Jerome Powell At A Press Conference - DC

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on March 19, 2025. The U.S. Federal Reserve on Wednesday left target range for the federal funds rate unchanged at 4.25 percent to 4.5 percent, amid rising inflation concerns due to the Trump administration's tariff policies. Photo by Hu Yousong/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

A journalist takes photos during a press conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A journalist takes photos during a press conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

E

DBS chief economist optimistic about China's growth outlook

STORY: DBS chief economist optimistic about China's growth outlook SHOOTING TIME: May 30, 2024 DATELINE: June 5, 2024 LENGTH: 00:02:03 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of DBS 2. various of street views in China 3. SOUNDBITE 1 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research 4. SOUNDBITE 2 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research 5. SOUNDBITE 3 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research STORYLINE: DBS, Singapore's major banking group, has recently raised its forecast for China's GDP growth in 2024 to 5 percent from 4.5 percent, as a better-than-expected upturn in China's property market and trade performance propelled the economy. In an exclusive interview with Xinhua, Taimur Baig, chief economist and managing director of DBS Group Research, said China's economy has shown more positive signals of recovery. SOUNDBITE 1 (English): TAIMUR BAIG, Chief economist and man

E

Italy's economy performs well but slowdown expected: IMF

STORY: Italy's economy performs well but slowdown expected: IMF SHOOTING TIME: May 21, 2024 DATELINE: May 22, 2024 LENGTH: 00:00:49 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of stores in Rome STORYLINE: The International Monetary Fund (IMF) on Monday said that while Italy had good recoveries from economic shocks in recent years, the economy's prospects were only "moderate" going forward. In its annual Staff Concluding Statement, the IMF said that Italy recovered from the back-to-back shocks of the coronavirus pandemic and the spike in energy prices sparked by the Ukraine crisis and that as of the end of the first quarter of this year, its economy was 4.5 percent larger than before the pandemic -- "a stronger performance than in other large euro-area countries," the IMF said in a statement. That growth, the fund said, was fueled by a recovery in tourism, tax credits, and projects funded by European Union (EU) pandemic recovery loans and grants. But the IMF said Italy was unlikely to

E

OECD revises up Türkiye's 2024 growth forecast to 3.4 pct

STORY: OECD revises up Türkiye's 2024 growth forecast to 3.4 pct SHOOTING TIME: Recent footage DATELINE: May 3, 2024 LENGTH: 00:01:15 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of a port in Türkiye (recent footage) 2. various of a textile factory in Türkiye (recent footage) 3. various of a customs gate in Türkiye (recent footage) STORYLINE: The Turkish economy is expected to grow at 3.4 percent this year and 3.2 percent in 2025, the Organization for Economic Cooperation and Development (OECD) said Thursday, revising up its February projection of 2.9 percent for 2024. In its economic outlook report, the OECD said Türkiye's real GDP growth was projected to slow from 4.5 percent in 2023 to 3.4 percent in 2024. Tighter financial conditions and the adverse impact of inflation on purchasing power in the country will subdue household consumption, the report said, reminding that inflation peaked at the beginning of this year but will remain elevated over 2024 and 2025. Despite tighter financial con

E

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

E

ECB leaves interest rates unchanged

STORY: ECB leaves interest rates unchanged SHOOTING TIME: April 11, 2024 DATELINE: April 12, 2024 LENGTH: 00:01:53 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of the EBC press conference 3. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President 4. various of the European Central Bank STORYLINE: The European Central Bank (ECB) on Thursday decided to leave key interest rates unchanged after its regular rate-setting meeting in Frankfurt, Germany. The three key interest rates are still hovering at historically high levels. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility remain unchanged at 4.5 percent, 4.75 percent and 4 percent respectively, the ECB announced in a statement. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President "So in conclusion, the governing council today decided to keep the three key ECB interest rates unchanged. We are determined to ens

E

What goals China's provincial-level governments set for 2024

STORY: What goals China's provincial-level governments set for 2024 SHOOTING TIME: File DATELINE: Feb. 1, 2024 LENGTH: 00:01:54 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of China STORYLINE: China's provincial governments are eyeing new economic engines from AI to new energy vehicles, with a continuous focus on consumption, as indicated by their development plans for 2024. To date, all provincial-level regions have unveiled their growth targets for 2024 in government work reports delivered to people's congresses. Their 2024 GDP growth targets range from 4.5 percent to 8 percent, with the majority expecting to expand economy by over 5 percent. Most of the government work reports explicitly pledged to foster or expand "new productive forces" in their 2024 road maps. First put forward by the Chinese leadership in September 2023, this concept is believed to refer to sci-tech breakthroughs and innovation that drive strategic emerging industries and future industries. For example, Guan

E

Egypt's Sisi wins presidential election with 89.6 pct of vote

STORY: Egypt's Sisi wins presidential election with 89.6 pct of vote SHOOTING TIME: Dec. 18, 2023 DATELINE: Dec. 19, 2023 LENGTH: 00:00:40 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. STANDUP (English): DONG XIUZHU, Xinhua correspondent 2. various of the press conference held in Cairo on Monday 3. Egyptian President Abdel Fattah al-Sisi speaking after his re-election STORYLINE: STANDUP (English): DONG XIUZHU, Xinhua correspondent "Egypt's National Election Authority (NEA) declared on Monday incumbent President Abdel-Fattah al-Sisi winner of the nation's 2024 presidential election, securing a third term with 89.6 percent of valid votes." At a press conference in Cairo, Chairman of the NEA Hazem Badawy said that nearly 44.8 million citizens at home and abroad voted in the election, out of some 67 million eligible voters, representing a turnout of 66.8 percent, which is "the highest turnout in Egypt's history." Hazem Omar, who leads the Republican People's Party, won 4.5 percent of the vote, followed by

E

ECB holds rates steady

STORY: ECB holds rates steady SHOOTING TIME: Dec. 14, 2023 DATELINE: Dec. 15, 2023 LENGTH: 00:01:00 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of shopping malls in Frankfurt STORYLINE: The European Central Bank (ECB) on Thursday decided to leave its key interest rates unchanged. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will all remain unchanged at 4.5 percent, 4.75 percent and 4 percent, respectively. "The Governing Council is determined to ensure that inflation returns to its 2 percent medium-term target in a timely manner," the bank said in a statement. "Based on its current assessment, the Governing Council considers that the key ECB interest rates are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to this goal." Compared with their projections made in September, the ECB staff now revised their inflation expectations f

E

GERMANY-FRANKFURT-ECB-RATES

(231214) -- FRANKFURT, Dec. 14, 2023 (Xinhua) -- This photo taken on Dec. 14, 2023 shows the European Central Bank (ECB) in Frankfurt, Germany. The ECB on Thursday decided to leave its key interest rates unchanged. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will all remain unchanged at 4.5 percent, 4.75 percent and 4 percent, respectively. (Xinhua/Zhang Fan)

E

GERMANY-FRANKFURT-ECB-RATES

(231214) -- FRANKFURT, Dec. 14, 2023 (Xinhua) -- This photo taken on Dec. 14, 2023 shows the European Central Bank (ECB) in Frankfurt, Germany. The ECB on Thursday decided to leave its key interest rates unchanged. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will all remain unchanged at 4.5 percent, 4.75 percent and 4 percent, respectively. (Xinhua/Zhang Fan)

E

European Central Bank leaves interest rates unchanged

STORY: European Central Bank leaves interest rates unchanged DATELINE: Oct. 28, 2023 LENGTH: 00:02:30 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of European Central Bank members 2. various of Athens open market 3. SOUNDBITE 1 (English): CHRISTINE LAGARDE, ECB President 4. various of Athens open market 5. SOUNDBITE 2 (English): CHRISTINE LAGARDE, ECB President STORYLINE: The European Central Bank (ECB) Governing Council decided to keep the three key ECB interest rates unchanged after 10 hikes in 15 months, it was announced on Thursday at the end of a two-day meeting on monetary policy in Athens. The interest rate on the main refinancing operations, the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.5 percent, 4.75 percent, and 4 percent respectively, according to an ECB press release. The incoming information has broadly confirmed the previous assessment of the medium-term inflation outlook, it was explained. According to the ECB Governing

E

Türkiye revises medium-term inflation, growth forecasts

STORY: Türkiye revises medium-term inflation, growth forecasts DATELINE: Sept. 7, 2023 LENGTH: 0:01:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference (courtesy of ihlas news agency) 2. various of the speech of Turkish Vice President Cevdet Yilmaz at the press conference (courtesy of Justice and Development Party) 3. various of the press conference (courtesy of ihlas news agency) 4. SOUNDBITE (Turkish): RECEP TAYYIP ERDOGAN, Turkish President (courtesy of ihlas news agency) STORYLINE: The Turkish government on Wednesday lowered its economic growth forecasts while raising its expected inflation rate for the upcoming three years in its annual Medium-Term Program. The country's economy is projected to grow 4 percent in 2024, 4.5 percent in 2025, and 5 percent in 2026, said Turkish Vice President Cevdet Yilmaz at a press conference during which he unveiled the program. The previous program announced in 2022 had set growth targets of 5 percent in 2023 and 5.5 percent in

E

Türkiye's summer wheat harvest hampered by severe drought

STORY: Türkiye's summer wheat harvest hampered by severe drought DATELINE: July 19, 2023 LENGTH: 00:01:03 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of combine harvesters working in the field in Türkiye 2. SOUNDBITE (Turkish): CEMAL POLAT, Head of the Chamber of Agricultural Engineers Tekirdag Branch STORYLINE: Halim Orta, a wheat farmer in the Thrace region, one of the granaries of Türkiye, had high hopes for the summer harvest when he sowed seeds in October last year. But the yield fell far short of expectations due to the severe drought that had badly affected agriculture throughout Türkiye. "The average wheat crop this year in my field dipped by about 20 percent due to uneven rainfall and dry season in general," Orta told Xinhua. Farmers planted wheat on nearly 4.5 million hectares of land in the region, mainly in Edirne, Kirklareli and Tekirdag provinces, to meet around 15 percent of domestic wheat needs. "The lack of precipitation, water stress, and agricultural drought su

E

China's GDP expands 5.5 pct in H1

STORY: China's GDP expands 5.5 pct in H1 DATELINE: July 17, 2023 LENGTH: 00:00:51 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Chinese): FU LINGHUI, Spokesperson of National Bureau of Statistics STORYLINE: China's gross domestic product (GDP) grew 5.5 percent year on year in the first half (H1) of 2023, data from the National Bureau of Statistics (NBS) showed Monday. SOUNDBITE (Chinese): FU LINGHUI, Spokesperson of National Bureau of Statistics "GDP in the first half of this year reached 59.3034 trillion yuan (about 8.3 trillion U.S. dollars), up 5.5 percent year on year calculated at the constant price, or one percentage point faster than Q1. By industry, the value added of the primary industry was 3.0416 trillion yuan, up by 3.7 percent year on year, the secondary industry was 23.0682 trillion yuan, up by 4.3 percent, and the tertiary industry was 33.1937 trillion yuan, up by 6.4 percent. By quarter, GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second q

E

THE PHILIPPINES-QUEZON CITY-UNEMPLOYMENT RATE

(230708) -- QUEZON CITY, July 8, 2023 (Xinhua) -- A worker is seen at a construction site in Quezon City, the Philippines, on July 8, 2023. The Philippines' unemployment rate in May dropped to 4.3 percent from 4.5 percent in April, with 2.17 million labor force out of job, the Philippine Statistics Authority (PSA) said on Friday. (Xinhua/Rouelle Umali)

E

THE PHILIPPINES-QUEZON CITY-UNEMPLOYMENT RATE

(230708) -- QUEZON CITY, July 8, 2023 (Xinhua) -- Workers are seen at a construction site in Quezon City, the Philippines, on July 8, 2023. The Philippines' unemployment rate in May dropped to 4.3 percent from 4.5 percent in April, with 2.17 million labor force out of job, the Philippine Statistics Authority (PSA) said on Friday. (Xinhua/Rouelle Umali)

E

Foreign visitors to Türkiye up 16.2 pct in May

STORY: Foreign visitors to Türkiye up 16.2 pct in May DATELINE: June 26, 2023 LENGTH: 00:01:36 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of visitors in Türkiye STORYLINE: Türkiye attracted 4.5 million foreign visitors in May, a 16.2 percent year-on-year growth, the country's Culture and Tourism Ministry said Saturday. Russia topped the list of visitors by country, with 640,844, followed by Germany with 617,617, and Britain with 452,724. The Turkish coastal city of Antalya was the top draw for foreign visitors with a 33.6 percent share, attracting 1.51 million foreigners last month. Türkiye's largest city Istanbul came in a close second, hosting 1.5 million foreign visitors in May. The Aegean province of Mugla, and the northwestern province of Edirne, which borders both Bulgaria and Greece, followed them with 380,899 and 349,123 foreigners, respectively. In January-May, foreign tourist arrivals in Türkiye surged 23.7 percent from the prior year to exceed 14 million, the ministry said. Tü

E

BRITAIN-CENTRAL BANK-INTEREST RATE-RAISE

(230512) -- MANCHESTER, May 12, 2023 (Xinhua) -- Fruits are seen in a market in Manchester, Britain, May 11, 2023. The Bank of England (BoE) on Thursday raised its benchmark interest rate by 0.25 percentage points to 4.5 percent, the highest since 2008. Its growth projections for the United Kingdom's (UK) economy were improved and inflation forecasts revised higher. (Photo by Jon Super/Xinhua)

E

BRITAIN-CENTRAL BANK-INTEREST RATE-RAISE

(230512) -- MANCHESTER, May 12, 2023 (Xinhua) -- A man walks past a shop in Manchester, Britain, May 11, 2023. The Bank of England (BoE) on Thursday raised its benchmark interest rate by 0.25 percentage points to 4.5 percent, the highest since 2008. Its growth projections for the United Kingdom's (UK) economy were improved and inflation forecasts revised higher. (Photo by Jon Super/Xinhua)

E

BRITAIN-CENTRAL BANK-INTEREST RATE-RAISE

(230512) -- MANCHESTER, May 12, 2023 (Xinhua) -- Luggage cases are seen for sale in a market in Manchester, Britain, May 11, 2023. The Bank of England (BoE) on Thursday raised its benchmark interest rate by 0.25 percentage points to 4.5 percent, the highest since 2008. Its growth projections for the United Kingdom's (UK) economy were improved and inflation forecasts revised higher. (Photo by Jon Super/Xinhua)

E

BRITAIN-CENTRAL BANK-INTEREST RATE-RAISE

(230512) -- MANCHESTER, May 12, 2023 (Xinhua) -- People walk past a shop in Manchester, Britain, May 11, 2023. The Bank of England (BoE) on Thursday raised its benchmark interest rate by 0.25 percentage points to 4.5 percent, the highest since 2008. Its growth projections for the United Kingdom's (UK) economy were improved and inflation forecasts revised higher. (Photo by Jon Super/Xinhua)

E

BRITAIN-CENTRAL BANK-INTEREST RATE-RAISE

(230512) -- MANCHESTER, May 12, 2023 (Xinhua) -- A woman walks past a shop in Manchester, Britain, May 11, 2023. The Bank of England (BoE) on Thursday raised its benchmark interest rate by 0.25 percentage points to 4.5 percent, the highest since 2008. Its growth projections for the United Kingdom's (UK) economy were improved and inflation forecasts revised higher. (Photo by Jon Super/Xinhua)

E

Egypt revises budget deficit estimate to 6.9 pct of GDP

STORY: Egypt revises budget deficit estimate to 6.9 pct of GDP DATELINE: May 10, 2023 LENGTH: 00:00:46 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egypt's Parliament 2. various of the Egyptian Finance Minister Mohamed Maait speaking STORYLINE: Egypt's Finance Minister Mohamed Maait announced on Tuesday before the House of Representatives that the government has revised its budget deficit estimate for the 2023-2024 fiscal year to 6.9 percent of the gross domestic product (GDP), 0.6 percent higher than the previous forecast. According to Egypt's state-run Al-Ahram newspaper, Maait attributed this revision to interest rate hikes in Egypt and global markets, as well as increased spending on social protection and the rising cost of basic commodities. Both the World Bank and the IMF have adjusted their growth forecasts for Egypt. The World Bank now predicts a real GDP growth rate of 4 percent for both 2023 and 2024, down from its previous projection of 4.5 percent in December 2022. Similarly,

E

China's economic recovery brings great hope to world economy: expert

STORY: China's economic recovery brings great hope to world economy: expert DATELINE: May 1, 2023 LENGTH: 0:01:39 LOCATION: RIO DE JANEIRO, Brazil CATEGORY: ECONOMY SHOTLIST: 1. various of city views across China 2. SOUNDBITE (English): RONNIE LINS, Brazilian economist STORYLINE: A Brazilian expert said that China's economic growth in the first quarter of this year has been an outstanding result, and that China's economic recovery brings great hope that the world economy can stabilize. China's GDP grew 4.5 percent year on year in the first quarter of 2023, with major indicators showing an upward trend and improvement in market expectations. SOUNDBITE (English): RONNIE LINS, Brazilian economist After the acceleration of the last quarter of 2022, the result for the first quarter of 2023 was an outstanding result compared to other big countries in the world. I attribute this better result of the Chinese economy to its government planning. These guidelines align with the government's objectives of creating m

E

European businesses look to tap potentials in cooperation with China

STORY: European businesses look to tap potentials in cooperation with China DATELINE: April 29, 2023 LENGTH: 00:02:26 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China and Europe 2. SOUDNBITE 1 (English): TOMASZ SZYPULA, President of board of PTAK Warsaw Expo 3. SOUNDBITE 2 (Hungarian): ERNO PETO, President of the Hungarian-Chinese Chamber of Economy 4. SOUNDBITE 3 (English): SILVA STIPIC KOBALI, Director of Business Internationalization Center at Croatian Chamber of Economy 5. SOUNDBITE 4 (English): BENOIT BAZIN, CEO of Saint-Gobain Group, France STORYLINE: Some European business insiders are looking to seek cooperation in the Chinese market, saying that China's economic recovery will bring broad prospects for growth. China achieved a growth rate of 4.5 percent year on year in the first quarter this year, beating previous forecasts by many institutions. SOUNDBITE 1 (English): TOMASZ SZYPULA, President of board of PTAK Warsaw Expo "The Chinese market, the Chinese economy is growing up rap