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Türkiye's annual inflation nears 65 pct in December

STORY: Türkiye's annual inflation nears 65 pct in December SHOOTING TIME: Jan. 10, 2024 DATELINE: Jan. 11, 2024 LENGTH: 0:03:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets, cash points and shopping in Ankara, Türkiye 2. various of people buying cheaper breads in Mugla, Türkiye (courtesy of ihlas news agency) 3. various of people shopping in a fresh vegetable bazaar in Aydin, Türkiye (courtesy of ihlas news agency) 4. SOUNDBITE 1 (Turkish): FIKRET OZLEK, Former restaurant manager 5. SOUNDBITE 2 (Turkish): NUR KILER, Retired teacher STORYLINE: Türkiye's annual inflation for 2023 came at about 64.8 percent in December, an increase from 62 percent a month ago on the back of higher food and energy prices, putting further pressure on households. In December, the Turkish Central Bank increased its policy rate by 250 basis points to 42.5 percent to curb the lira's devaluation and tame the persistently high inflation. In general, the figures are showing signs of leveling off

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Türkiye's inflation woes persist despite economic overhaul

STORY: Türkiye's inflation woes persist despite economic overhaul SHOOTING DATE: Dec. 11, 2023 DATELINE: Dec. 13, 2023 LENGTH: 00:02:32 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets, at shopping and cashpoints in Türkiye 2. SOUNDBITE 1 (Turkish) : MELTEM GUNEY, Preschool teacher 3. various of people on the streets, at shopping and cashpoints in Türkiye 4. SOUNDBITE 2 (Turkish) : ERCAN UZUN, Municipal worker STORYLINE: A pivotal change in economic policies hasn't so far solved Türkiye's inflation problems and consumers say that a planned raise of the minimum wage will only offer short-term relief for cash-strapped households. Türkiye's annual inflation accelerated to around 62 percent in November, the highest level this year, according to official data released last week. The rate at which prices are increasing fell slightly from 3.43 percent to 3.28 percent from October to November, but figures remain high compared to the same period last year. The central ban

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U.S. pulls back from values once defining it: poll

STORY: U.S. pulls back from values once defining it: poll DATELINE: April 2, 2023 LENGTH: 0:01:52 LOCATION: NEW YORK, U.S. CATEGORY: SOCIETY SHOTLIST: 1. STANDUP (English): XIA LIN, Xinhua correspondent STORYLINE: STANDUP (English): XIA LIN, Xinhua correspondent "Patriotism, religious faith, having children and other priorities that helped define the national character for generations are receding in importance to Americans. The Wall Street Journal on March 27 quoted a poll as saying 'the country sharply divided by political party over social trends such as the push for racial diversity in businesses and the use of gender-neutral pronouns.' Some 38 percent of respondents said patriotism was very important to them, and 39 percent said religion was very important. That was down sharply from when the Journal first asked the question in 1998, when 70 percent deemed patriotism to be very important, and 62 percent said so of religion. The share of Americans who say that having children, involvement in their comm

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China's Guangdong Customs keep optimizing clearance procedures

STORY: China's Guangdong customs keep optimizing clearance procedures DATELINE: Jan. 20, 2023 LENGTH: 00:01:34 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the Nansha Port Section of Guangzhou Port 2. various of the imported flowers 3. SOUNDBITE (Chinese): FENG DANDAN, Senior staff member of Guangzhou Customs STORYLINE: As China optimized its pandemic response, the southern Guangdong province also took measures to facilitate customs clearance to promote imports and exports. As the Spring Festival draws near, demand for flowers has been rising, including tulips and roses from countries like the Netherlands and Ecuador. To ensure the freshness of the imported flowers, the customs at Guangzhou Baiyun Intl' Airport initiated a "two-step declaration" to simplify entry procedures. During the first two weeks of this year, 62 batches of imported fresh cut flowers cleared customs at the airport, up 60.6 percent from the same period last year. SOUNDBITE (Chinese): FENG DANDAN, Senior

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Youth hostels now popular with gray-hair travelers

TOKYO, Japan - As travelers staying at Japanese youth hostels can attest, over-60s travelers are increasingly making their presence felt at youth hostels in resort areas in Japan. According to the Japan Youth Hostel Association, youth hostel membership among people over 60 rose 50 percent last year as overall membership dropped 16 percent to 62,600. Youth hostel officials say some youth hostels are renovating their facilities to cater for elderly travelers, such as ensuring barrier-free access. In this photo taken April 13, the entire dining hall of a youth hostel in Nara is taken up by elderly travelers.

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Forbes picks Japan's Shigeta among world's five richest men

TOKYO, Japan - This is a file photo of Yasumitsu Shigeta, president of Japanese cellular phone retailer Hikari Tsushin Inc., who has been named as the world's fifth richest man by Forbes Global magazine. The business magazine said Shigeta has the fastest-growing fortune in the world. Shigeta, 34, owns 62 percent of Hikari Tsushin. The company was listed on the Tokyo Stock Exchange's First Section in September.

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Egypt approves special free zone in Alexandria port

STORY: Egypt approves special free zone in Alexandria port DATELINE: April 7, 2022 LENGTH: 0:00:51 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Alexandria port STORYLINE: Egyptian Council of Ministers, at its meeting on Wednesday headed by Mostafa Madbouly, approved the establishment of a special free zone for the Egyptian Group for Multi-Purpose Stations Company. The project aims to establish, exploit and manage a multi-purpose terminal on berths 55-62 at Alexandria Port in an area of 539,000 square meters for handling containers and general cargo at an investment cost of about 500 million U.S. dollars with 100 percent Egyptian investments. The Alexandria Port Authority, the Suez Canal Authority, the Holding Company for Maritime and Land Transport and Alexandria Container Handling Company will contribute to the project. Counselor Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones, explained that the establishment of the multi-purpose terminal at Alexandria

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Exports of Peruvian fresh grapes reach 1.26 bln USD in 2021

STORY: Exports of Peruvian fresh grapes reach 1.26 bln USD in 2021 DATELINE: March 3, 2022 LENGTH: 00:03:47 LOCATION: Lima CATEGORY: ECONOMY SHOTLIST: various of grapevinesSOUNDBITE (Spanish): AMORA CARVAJAL, Executive President of Peru Export and Tourism Promotion Board STORYLINE: Peru's Ministry of Foreign Trade and Tourism has announced that the export value of Peruvian fresh grapes reached 1.26 billion U.S. dollars in 2021, increasing by 22 percent compared with 2020. Peruvian grapes are sold to 62 countries and regions around the world, with the United States, the European Union, China, the United Kingdom, Mexico and South Korea being its major export markets. SOUNDBITE (Spanish): AMORA CARVAJAL, Executive President of Peru Export and Tourism Promotion Board "Peruvian grapes are abundant, high quality and unique in flavor, and can be accepted by customers with different tastes in different regions, which is the main reason why Peruvian grapes have risen to prominence in the international market." C

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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China Real Estate Market

A high-end villa in Laishui County, Hebei Province, China, April 18, 2021. According to the sales price changes of 70 large and medium-sized cities released by the National Bureau of Statistics in March, the number of new commercial housing increased in 62 cities out of 70 cities, an increase of 6 cities compared with last month. 2 cities, the same as last month; Six cities fell, six fewer than last month. Fuzhou and Guangzhou saw the biggest increase in new home prices among the 70 cities. Second-hand housing, Beijing, Guangzhou prices led the country, the month-on-month increase of 1.4 percent.

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Forbes picks Japan's Shigeta among world's five richest men

TOKYO, Japan - This is a file photo of Yasumitsu Shigeta, president of Japanese cellular phone retailer Hikari Tsushin Inc., who has been named as the world's fifth richest man by Forbes Global magazine. The business magazine said Shigeta has the fastest-growing fortune in the world. Shigeta, 34, owns 62 percent of Hikari Tsushin. The company was listed on the Tokyo Stock Exchange's First Section in September.