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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire prior his audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French deputy-Minister for Public Accounts Thomas Cazenave prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French deputy-Minister for Public Accounts Thomas Cazenave prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire prior his audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire prior his audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire prior his audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Bruno Le Maire hearing at the French National Assembly - Paris

Outgoing French Finance Minister Bruno Le Maire and outgoing French deputy-Minister for Public Accounts Thomas Cazenave pose flanked by Popular Front deputy and Finance Commission President Eric Coquerel prior their audition by the National Assembly Finance committee at French Parliament in Paris, France, 09 September 2024, about the budget for 2025 that will have to be approved by the newly elected Parliament, where President Macron has no clear majority. At the beginning of September, the Finance ministry warned that the public sector budget deficit could reach 5.6 percent of GDP in 2024, higher than the 5.1 percent targeted. Newly appointed Prime minister Michel Barnier will have to find a consensus in the National Assembly to present the budget law before 01 October 2024. Photo by Raphael Lafargue/ABACAPRESS.COM

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Türkiye's annual inflation rate hit 68.5 pct in March

STORY: Türkiye's annual inflation rate hit 68.5 pct in March SHOOTING TIME: April 3, 2024 DATELINE: April 4, 2024 LENGTH: 0:01:18 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of a discount butcher in Türkiye (courtesy of ihlas news agency) 2. various of people shopping in a bazaar in Türkiye (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate hit 68.5 percent in March, up from 67.1 percent in February, official data showed Wednesday. Consumer prices registered a monthly increase of 3.16 percent, with education, communication, and the combined sector of hotels, restaurants, and cafes leading the rise at 13 percent, 5.6 percent, and 3.9 percent, respectively, according to the Turkish Statistical Institute. The cost of education experienced the highest annual increase at 104.07 percent, followed by restaurants and hotels at 94.97 percent and health at 80.25 percent. Despite implementing a monetary tightening policy since mid-2023, the inflation rate remains high i

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Australian inflation falls to 4.9 pct

STORY: Australian inflation falls to 4.9 pct SHOOTING TIME: Nov. 30, 2023 DATELINE: Dec. 1, 2023 LENGTH: 00:01:04 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of supermarkets in Canberra 2. various of Canberra-related footage STORYLINE: Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. It marked the equal-lowest rise for the CPI since January 2022 when inflation was at 4 percent. The state media Australian Broadcasting Corporation (ABC) reported that economists had generally forecast the figure would come in at 5.2 percent. The ABS identified a 6.1 percent rise in the cost of housing between October 2022 and October 2023 as the biggest driver of inflation, followed by a 5.9 percent rise in t

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AUSTRALIA-ECONOMY-CPI-RISE

(231130) -- CANBERRA, Nov. 30, 2023 (Xinhua) -- This photo taken on Nov. 29, 2023 shows a property for lease in Canberra, Australia. Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. (Photo by Chu Chen/Xinhua)

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AUSTRALIA-ECONOMY-CPI-RISE

(231130) -- CANBERRA, Nov. 30, 2023 (Xinhua) -- People walk past a travel agency in Canberra, Australia, Nov. 29, 2023. Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. (Photo by Chu Chen/Xinhua)

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AUSTRALIA-ECONOMY-CPI-RISE

(231130) -- CANBERRA, Nov. 30, 2023 (Xinhua) -- A customer selects goods at a supermarket in Canberra, Australia, Nov. 29, 2023. Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. (Photo by Chu Chen/Xinhua)

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AUSTRALIA-ECONOMY-CPI-RISE

(231130) -- CANBERRA, Nov. 30, 2023 (Xinhua) -- A man fills his car with petrol at a petrol station in Canberra, Australia, Nov. 29, 2023. Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. (Photo by Chu Chen/Xinhua)

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AUSTRALIA-ECONOMY-CPI-RISE

(231130) -- CANBERRA, Nov. 30, 2023 (Xinhua) -- People buy goods at a supermarket in Canberra, Australia, Nov. 29, 2023. Australia's rate of inflation has fallen to its equal-lowest level in over 18 months, official data has shown. According to figures published by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by 4.9 percent in the 12 months to October, down from the 5.6 percent increase in the year to September. (Photo by Chu Chen/Xinhua)

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New Zealand sees annual inflation at 5.6 pct

STORY: New Zealand sees annual inflation at 5.6 pct DATELINE: Oct. 17, 2023 LENGTH: 00:01:37 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of ports 2. various of streets STORYLINE: New Zealand's consumer price index increased 5.6 percent in the 12 months to the September 2023 quarter, according to the statistics department Stats NZ on Tuesday. The 5.6 percent increase follows a 6 percent increase in the 12 months to the June 2023 quarter, Stats NZ said. "Prices are still increasing, but are increasing at rates lower than we have seen in the previous few quarters," Stats NZ consumers prices senior manager Nicola Growden said. Food was the largest contributor to the September 2023 quarter annual inflation rate, Growden said, adding this was due to rising prices for ready-to-eat food; milk, cheese, and eggs; and bread and cereals. The next largest contributor to the annual increase was housing and household utilities, which was due to rising prices for construction and rents, Gro

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French government to pay back-to-school allowances to 3 mln families

STORY: French government to pay back-to-school allowances to 3 mln families DATELINE: Aug. 12, 2023 LENGTH: 00:02:12 LOCATION: LYON, France CATEGORY: SOCIETY SHOTLIST: 1. various of school supplies in a store 2. SOUNDBITE 1 (French): CELINE, Parent 3. SOUNDBITE 2 (French): GERALDINE, Parent 4. various of school supplies STORYLINE: While the start of the school year will take place on Sept. 4 in France, the government will pay back-to-school allowances (ARS) on Aug. 16 to help low-income families buy school supplies. It will be paid on August 16 to 3 million families. To benefit from the ARS, the child must be between six and 18 years old on Dec. 31 of the school year and be enrolled in a public or private establishment. This financial aid of around 400 euros depending on the age of the child has been increased by 5.6 percent compared to 2022. Granted subject to resources, this back-to-school financial aid amounts this year to 398.09 euros for children aged 6 to 10, 420.05 euros for children aged 11 to

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Japan's fish catch hits record low in 2022

STORY: Japan's fish catch hits record low in 2022 DATELINE: May 31, 2023 LENGTH: 00:01:18 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of fishing harbour in Japan STORYLINE: Japan's fish catch in 2022 dropped 7.5 percent from the previous year to a record low of 3.85 million tons under the impact of rising sea temperatures, local media reported. The total, which includes farm-grown fish, was the lowest figure since comparable data became available in 1956 and marked a second consecutive year of decline, Kyodo News reported on Tuesday citing data by the Ministry of Agriculture, Forestry and Fisheries. By category, catches of saury fell 5.6 percent from a year earlier to 18,400 tons, while Japanese flying squid slipped 8.3 percent to 29,700 tons and octopus dipped 18.7 percent to 22,200 tons, said the report. Meanwhile, salmon jumped 55.0 percent to 87,900 tons and anchovy increased 13.3 percent to 135,100 tons, it added. Apart from global warming, overfishing has also been a factor

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Malaysia's economy expands 5.6 pct in Q1 on steady domestic demand

STORY: Malaysia's economy expands 5.6 pct in Q1 on steady domestic demand DATELINE: May 13, 2023 LENGTH: 00:03:41 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur Twin Towers and city street views 2. various of tourists at Saloma Bridge, Kuala Lumpur 3. various of Malacca City 4. various of Langkawi Island 5. various of beaches in Malaysia 6. various of Kuantan Port STORYLINE: The Malaysian economy expanded 5.6 percent year on year in the first quarter, driven mainly by domestic demand, official data showed Friday. The Malaysian Central Bank said in a statement that further improvement in the labor market, with strong growth in employment and continued expansion in wages, have supported private consumption spending. Meanwhile, investment activity was underpinned by capacity expansion and continued implementation of multi-year projects. Inbound tourism continued to recover, lifting services exports and partially offsetting the slower goods export growth. On the supply side,

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U.S.-SAN MATEO-CPI-RISE

(230413) -- SAN MATEO, April 13, 2023 (Xinhua) -- A customer shops at a supermarket in San Mateo, California, the United States, April 12, 2023. The U.S. Labor Department reported Wednesday the U.S. consumer price index (CPI) rose 0.1 percent in March, below market estimates; and the yearly rate of inflation slowed to 5 percent from 6 percent, the lowest level since May 2021. Excluding food and energy, the core CPI accelerated 0.4 percent and 5.6 percent, both as expected. (Photo by Li Jianguo/Xinhua)

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U.S.-SAN MATEO-CPI-RISE

(230413) -- SAN MATEO, April 13, 2023 (Xinhua) -- A customer shops at a supermarket in San Mateo, California, the United States, April 12, 2023. The U.S. Labor Department reported Wednesday the U.S. consumer price index (CPI) rose 0.1 percent in March, below market estimates; and the yearly rate of inflation slowed to 5 percent from 6 percent, the lowest level since May 2021. Excluding food and energy, the core CPI accelerated 0.4 percent and 5.6 percent, both as expected. (Photo by Li Jianguo/Xinhua)

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U.S.-SAN MATEO-CPI-RISE

(230413) -- SAN MATEO, April 13, 2023 (Xinhua) -- A customer shops at a supermarket in San Mateo, California, the United States, April 12, 2023. The U.S. Labor Department reported Wednesday the U.S. consumer price index (CPI) rose 0.1 percent in March, below market estimates; and the yearly rate of inflation slowed to 5 percent from 6 percent, the lowest level since May 2021. Excluding food and energy, the core CPI accelerated 0.4 percent and 5.6 percent, both as expected. (Photo by Li Jianguo/Xinhua)

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U.S.-SAN MATEO-CPI-RISE

(230413) -- SAN MATEO, April 13, 2023 (Xinhua) -- A customer shops at a supermarket in San Mateo, California, the United States, April 12, 2023. The U.S. Labor Department reported Wednesday the U.S. consumer price index (CPI) rose 0.1 percent in March, below market estimates; and the yearly rate of inflation slowed to 5 percent from 6 percent, the lowest level since May 2021. Excluding food and energy, the core CPI accelerated 0.4 percent and 5.6 percent, both as expected. (Photo by Li Jianguo/Xinhua)

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World food prices decline for 12th consecutive month: FAO

STORY: World food prices decline for 12th consecutive month: FAO DATELINE: April 8, 2023 LENGTH: 00:00:47 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of food in markets 2. various of restaurants in Rome STORYLINE: World food prices declined for the 12th consecutive month in March, the United Nations Food and Agriculture Organization (FAO) reported on Friday. It was the first time the index has fallen for a full year. FAO's broad Food Price Index slipped 2.1 percent in March, and it is now down 20.5 percent since reaching its all-time peak a year ago after a big surge following the Russia-Ukraine conflict. Grains and cereals, the largest component in the index, was down 5.6 percent compared to the previous month and down 18.6 percent over the last 12 months. Among grains and cereals, wheat prices fell the most, dipping 7.1 percent as exports from Ukraine via the Black Sea assuaged market fears. Corn prices were 4.6 percent lower due to strong production in South America, while rice prices were

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China, Europe closely tied in economy for brighter future

STORY: China, Europe closely tied in economy for brighter future DATELINE: April 8, 2023 LENGTH: 00:01:40 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of China 2. various of European brands at exhibition 3. SOUNDBITE 1 (Spanish): MARTA MARTI, Global brand manager at Indiba, Spain 4. SOUNDBITE 2(English): JAN LARSSON, CEO of Business Sweden 5. various of Swedish products 6. SOUNDBITE 3 (English): BENOIT BAZIN, CEO of Saint-Gobain Group 7. various of Saint-Gobain Group's base in China 8. various of China STORYLINE: This year marks the 20th anniversary of the establishment of China-EU comprehensive strategic partnership. Trade and economic cooperation between the two sides has remained resilient and dynamic over the past years. Last year, bilateral trade in goods between China and the EU was valued at 821 billion U.S. dollars, up 5.6 percent year on year. Many European enterprises have expressed optimism about the strong momentum of the Chinese market and bilateral trade ties. SOUNDBITE 1 (Spa

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U.S.-CONSUMER PRICE INDEX

(230215) -- ARLINGTON, Feb. 15, 2023 (Xinhua) -- A car is fueled at a gas station in Arlington, Virginia, the United States, Feb. 14, 2023. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Xinhua/Liu Jie)

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U.S.-CONSUMER PRICE INDEX

(230215) -- WASHINGTON, D.C., Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a house for rent in Washington, D.C., the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Photo by Aaron Schwartz/Xinhua)

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U.S.-CONSUMER PRICE INDEX

(230215) -- WASHINGTON, D.C., Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a house for sale in Washington, D.C., the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Photo by Aaron Schwartz/Xinhua)

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U.S.-CONSUMER PRICE INDEX

(230215) -- ARLINGTON, Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a house for lease in Arlington, Virginia, the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Xinhua/Liu Jie)

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U.S.-CONSUMER PRICE INDEX

(230215) -- ARLINGTON, Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a gas station in Arlington, Virginia, the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Xinhua/Liu Jie)

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U.S.-CONSUMER PRICE INDEX

(230215) -- ARLINGTON, Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a gas station in Arlington, Virginia, the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Xinhua/Liu Jie)

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U.S.-CONSUMER PRICE INDEX

(230215) -- ARLINGTON, Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a house for lease in Arlington, Virginia, the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Xinhua/Liu Jie)

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U.S. inflation remains stubborn

STORY: U.S. inflation remains stubborn DATELINE: Feb. 15, 2023 LENGTH: 00:01:33 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of the U.S. Department of Labor 2. various of Washington D.C. STORYLINE: The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. Xinhua News Agency correspondents reporting from Washington D.C. (XHTV)

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Traffic accidents cause losses of 5.6% of Tunisia's GDP

STORY: Traffic accidents cause losses of 5.6% of Tunisia's GDP DATELINE: Jan. 7, 2023 LENGTH: 00:01:08 LOCATION: Tunis CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of vehicles on the roads in Tunis STORYLINE: The Tunisian Interior Ministry stated on Friday that the losses caused by traffic accidents in the country averaged about 5.6 percent of the gross domestic product in the last few years. A report issued by the ministry on Friday said that traffic safety has become the focus of Tunisians' attention, as traffic accidents have caused huge losses of life and property to the country. According to the report, as of Dec. 23, 2022, the ministry registered a total of 5,353 traffic accidents throughout the year, an increase of 7 percent over 2021. It also registered a total of 1,014 people killed and 5,353 injured in traffic accidents. The ministry stressed that the government will work together with various non-governmental organizations to reduce the occurrence of road accidents. Xinhua News Agency corr