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Remittances to Mexico to reach historic highs in 2023, 2024: report

STORY: Remittances to Mexico to reach historic highs in 2023, 2024: report DATELINE: Aug. 27, 2023 LENGTH: 00:01:05 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. various of Mexico City reflecting its economy STORYLINE: According to a recent report released by the financial group Banco Bilbao Vizcaya Argentaria (BBVA), the flow of remittances arriving in Mexico will again reach historic highs in 2023 and 2024. The "Yearbook of Migration and Remittances 2023," released on Thursday by BBVA Mexico, said that the flow of resources arriving in Mexico will increase to 63.7 billion U.S. dollars in 2023, an increase of 8.9 percent compared to the end of 2022, and 67.9 billion dollars in 2024, an increase of 6.6 percent. The report explained that Mexico is currently the second-largest country with the most remittances in the world. For several years, remittances have been the key source of foreign exchange for Mexico, ahead of foreign direct investment, crude oil exports, and international tourism. Xinhua

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - Container terminal at Yantai Port, Shandong province, August 6, 2023. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - Container terminal at Yantai Port, Shandong province, August 6, 2023. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - Container terminal at Yantai Port, Shandong province, August 6, 2023. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - Container terminal at Yantai Port, Shandong province, August 6, 2023. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - A large number of export commodity vehicles are ready to be shipped by car ro-ro shipment, August 6, 2023, at the port of Yantai, Shandong province. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - A large number of export commodity vehicles are ready to be shipped by car ro-ro shipment, August 6, 2023, at the port of Yantai, Shandong province. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - A large number of export commodity vehicles are ready to be shipped by car ro-ro shipment, August 6, 2023, at the port of Yantai, Shandong province. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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2023 H1 China Port Cargo Throughput Growth

YANTAI, CHINA - AUGUST 6, 2023 - A large number of export commodity vehicles are ready to be shipped by car ro-ro shipment, August 6, 2023, at the port of Yantai, Shandong province. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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China Port Cargo Throughput Growth in 2023 H1

YANTAI, CHINA - AUGUST 4, 2023 - A very large oil tanker loaded with 303,500 tons of diluted bitumen is docked at Yantai Port in Yantai, Shandong Province, China, Aug. 4, 2023. A new record was set for the importation and unloading of diluted bitumen by a single ship at a domestic port. Data from the Ministry of Transport show that in the first half of 2023, China's port cargo throughput reached 8.19 billion tons, an increase of 8 percent year-on-year. Among them, domestic and foreign trade throughput increased by 7.6% and 8.9%, respectively.

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UK shop price inflation hits new high: BRC

STORY: UK shop price inflation hits new high: BRC DATELINE: March 29, 2023 LENGTH: 00:04:13 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of England 2. various of a supermarket in London 3. various of a market in London STORYLINE: Prices in shops across the United Kingdom (UK) rose at a record pace in March, especially food prices, said the British Retail Consortium (BRC) on Tuesday. According to the BRC, prices have yet to peak. Shop price annual inflation accelerated to a record 8.9 percent in March, the BRC said. This was up from 8.4 percent in February. Meanwhile, food price inflation soared to 15 percent in March, up from 14.5 percent in February. This is also the highest inflation rate on record in the food category, said the BRC. Helen Dickinson, BRC's Chief Executive, warned that although food prices will likely ease in the coming months as the country enters the growing season, "wider inflation is expected to remain high." The ongoing cost-of-living crisis has also changed t

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Honda's group net profit down for 1st time in 3 yrs

TOKYO, April 28 Kyodo - Tetsuo Iwamura, executive vice president of Honda Motor Co., announces the company's earnings results for the year ended in March 2015 at a press conference in Tokyo on April 28, 2015. Honda's group net profit fell for the first time in three years, down 8.9 percent from a year earlier to 522.76 billion yen ($4.4 billion), hurt by recall-related costs and sluggish sales in Japan.

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China's economy posts slowest growth in 10 qtrs

BEIJING, China - Ma Jiantang, director of the National Bureau of Statistics of China, announces China's gross domestic product data for the October-December quarter at a press conference in Beijing on Jan. 17, 2012. China's economy grew 8.9 percent in the quarter from a year earlier, marking the slowest rate of growth in two and a half years.

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Energy prices drive up Italian inflation to 11.8 pct in October

STORY: Energy prices drive up Italian inflation to 11.8 pct in October DATELINE: Nov. 18, 2022 LENGTH: 00:00:52 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of gas stations in Italy STORYLINE: Consumer prices in Italy rose by 11.8 percent in October compared to a year earlier, the government's statistics entity reported Wednesday. Energy-related impacts continued to play an oversized role. According to the National Institute of Statistics (ISTAT), the final data for the consumer price index in October is lower than the 11.9-percent estimate released last month. However, it is still a record since Italy's adoption of the euro currency in 1999. The last time prices rose so sharply in one month was in June 1983, when inflation hit 13 percent during a period when Italy was still using the lira currency. In September this year, prices were 8.9 percent higher than a year earlier. Soaring energy prices continue to drive up other prices, ISTAT said, with prices for energy goods increasing

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Italy's inflation reaches nearly 40-yr high in October: statistics

STORY: Italy's inflation reaches nearly 40-yr high in October: statistics DATELINE: Nov. 1, 2022 LENGTH: 00:01:31 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of the views in Rome STORYLINE: Prices in Italy jumped by 11.9 percent in October compared to the same month a year ago, the highest in nearly four decades, according to provisional data released by the National Statistics Institute (ISTAT) on Friday. The figure was 3 percentage points above the then-record 8.9-percent of annual inflation in September, and it was the highest since 1983 in Italy. It was also the first time that the country's inflation experienced double digits since Italy's adoption of the euro currency in 1999. The main driver behind the price increase was the rising energy costs sparked by the conflict between Russia and Ukraine. But even the "core" inflation rate -- which excludes energy and food costs given their susceptibility to international market forces -- rose by 5.3 percent in October. Costs for service

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Italian inflation climbs to record high in September

STORY: Italian inflation climbs to record high in September DATELINE: Oct. 5, 2022 LENGTH: 00:01:16 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in the supermarket STORYLINE: The consumer price index in Italy set a new record by rising 8.9 percent in September compared to the same month in 2021, the largest year-on-year increase recorded since the creation of the euro currency. The previous record was set a month earlier, when prices climbed 8.4 percent between August 2021 and August of this year. So far, the four largest year-on-year increases in Italy's inflation rate have all been recorded over the last four months. According to Italy's National Statistics Institute (ISTAT), the country's inflation rate over the first nine months of the year was 7.1 percent higher than the same period a year earlier. The main factors pushing prices higher are direct and indirect energy-related costs. While prices for energy goods were 44.5 percent higher in September than in the same

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China's foreign trade of goods up 10.4 pct in first 7 months

STORY: China's foreign trade of goods up 10.4 pct in first 7 months DATELINE: Aug. 7, 2022 LENGTH: 00:00:48 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the ports 2. various of China-Europe freight trains STORYLINE: China's foreign trade of goods jumped 10.4 percent year on year to 23.6 trillion yuan (about 3.5 trillion U.S. dollars) during the first seven months of the year, official data showed Sunday. Exports rose 14.7 percent year on year to 13.37 trillion yuan, while imports increased 5.3 percent from a year ago to 10.23 trillion yuan, according to the General Administration of Customs (GAC). During the period, China's trade with the Association of Southeast Asian Nations, the European Union and the United States, expanded by 13.2 percent, 8.9 percent and 11.8 percent from a year ago, respectively. From January to July, China's trade with Belt and Road countries and other members of the Regional Comprehensive Economic Partnership (RCEP) soared by 19.8 percent and 7.5 percent year on

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Snow leopard protection bears fruit in world's highest nature reserve

STORY: Snow leopard protection bears fruit in world's highest nature reserve DATELINE: May 21, 2022 LENGTH: 0:01:18 LOCATION: LHASA, China CATEGORY: ENVIRONMENT SHOTLIST: 1 various of the Qomolangma National Nature Reserve 2 various of the snow leopards STORYLINE: The number of snow leopards in a nature reserve in China's Tibet has been on the rise thanks to strengthened protection over the past years. Located on the China-Nepal border, the Qomolangma National Nature Reserve is the world's highest nature reserve. In 2013, the Vanke Foundation and forestry departments in China's Tibet established a strategic cooperation partnership and co-initiated a plan for snow leopard protection in the Mt. Qomolangma area. By 2021, the foundation had donated 11 million yuan (about 1.6 million U.S. dollars) and a snow leopard protection network has been basically set up in the Mt. Qomolangma area. To date, the monitored area for snow leopard protection has reached 3,000 square km, accounting for 8.9 percent of the na

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China's economy posts slowest growth in 10 qtrs

BEIJING, China - Ma Jiantang, director of the National Bureau of Statistics of China, announces China's gross domestic product data for the October-December quarter at a press conference in Beijing on Jan. 17, 2012. China's economy grew 8.9 percent in the quarter from a year earlier, marking the slowest rate of growth in two and a half years. (Kyodo)