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JORDAN-AMMAN-FM-HUNGARY-FM-MEETING-PRESS CONFERENCE

(240522) -- AMMAN, May 22, 2024 (Xinhua) -- Jordanian Foreign Minister Ayman Safadi (R) shakes hands with Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto during their meeting in Amman, Jordan, on May 22, 2024. Jordanian Foreign Minister Ayman Safadi said on Wednesday the situation in the West Bank was worsening, blaming Israel's "illegal and repressive measures" for killing opportunities for peace. Safadi made the remarks during a joint press conference in Amman with visiting Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto. (Photo by Mohammad Abu Ghosh/Xinhua)

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JORDAN-AMMAN-FM-HUNGARY-FM-MEETING-PRESS CONFERENCE

(240522) -- AMMAN, May 22, 2024 (Xinhua) -- Jordanian Foreign Minister Ayman Safadi (R) and Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto attend a joint press conference in Amman, Jordan, on May 22, 2024. Jordanian Foreign Minister Ayman Safadi said on Wednesday the situation in the West Bank was worsening, blaming Israel's "illegal and repressive measures" for killing opportunities for peace. Safadi made the remarks during a joint press conference in Amman with visiting Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto. (Photo by Mohammad Abu Ghosh/Xinhua)

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JORDAN-AMMAN-FM-HUNGARY-FM-MEETING-PRESS CONFERENCE

(240522) -- AMMAN, May 22, 2024 (Xinhua) -- Jordanian Foreign Minister Ayman Safadi (R) meets with Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto in Amman, Jordan, on May 22, 2024. Jordanian Foreign Minister Ayman Safadi said on Wednesday the situation in the West Bank was worsening, blaming Israel's "illegal and repressive measures" for killing opportunities for peace. Safadi made the remarks during a joint press conference in Amman with visiting Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto. (Photo by Mohammad Abu Ghosh/Xinhua)

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Türkiye's current account registers 1.88 billion dollar surplus in September

STORY: Türkiye's current account registers 1.88 billion dollar surplus in September SHOOTING TIME: Nov. 13, 2023 DATELINE: Nov. 14, 2023 LENGTH: 0:01:22 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of the safe of Turkish Central Bank (courtesy of Turkish Central Bank) 2. various of U.S. dollars (shooting time: June 15, 2022) 3. various of Turkish Central Bank (courtesy of Turkish Central Bank) 4. various of Turkish Lira (courtesy of Turkish Central Bank) STORYLINE: Türkiye's current account registered a 1.88 billion-U.S.-dollar surplus in September, marking the highest surplus in the last two years, supported by the narrowing foreign trade deficit, as announced by the country's Central Bank on Monday. Xinhua News Agency correspondents reporting from Ankara. (XHTV)

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China's upbeat economic prospects underpin yuan's long-term strength

STORY: China's upbeat economic prospects underpin yuan's long-term strength DATELINE: Sept. 16, 2023 LENGTH: 00:01:57 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the views in China 2. SOUNDBITE 1 (English): BISHNU PUKAR SHRESTHA, Nepal's Ambassador to China 3. SOUNDBITE 2 (English): HARLEY SEYEDIN, President of American Chamber of Commerce in South China STORYLINE: Despite short-term fluctuations, the Chinese yuan has been able to maintain its basic stability in the longer term. On Friday, the central parity rate of the yuan strengthened for a fifth consecutive trading day against the U.S. dollar, 88 pips firmer from the previous trading day to 7.1786, according to the China Foreign Exchange Trade System (CFETS). This marks the yuan's strongest level in nearly two weeks. The yuan's central parity rate has strengthened by 364 pips against the greenback this week. Yuan's return to strength this week came after the country's central bank, the PBOC, pledged to resolutely fend off risks o

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Türkiye's central bank doubles daily limits for rediscount credits to boost exports

STORY: Türkiye's central bank doubles daily limits for rediscount credits to boost exports DATELINE: Sept. 13, 2023 LENGTH: 00:01:31 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish Lira and U.S. dollar 3. various of shipping trade in Türkiye (courtesy of Ihlas news agency) 4. various of Turkish Treasury and Finance Minister Mehmet Simsek 5. various of shipping trade in Türkiye (courtesy of Ihlas news agency) 6. various of Turkish Central Bank Governor Hafize Gaye Erkan 7. various of Turkish Central Bank STORYLINE: The Turkish Central Bank said on Tuesday it had raised daily limits of the banks for utilization of rediscount credits for export and foreign exchange earning services to 3 billion liras (111.5 million U.S. dollars) from 1.5 billion liras in a bid to boost exports. "While extending rediscount credits, increase in the share of SMEs (small and medium enterprises) and export performance will be taken into account as has been the case," the centr

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Argentine businesses eye opportunities at China's 6th CIIE

STORY: Argentine businesses eye opportunities at China's 6th CIIE DATELINE: Aug. 11, 2023 LENGTH: 00:02:21 LOCATION: Buenos Aires CATEGORY: ECONOMY SHOTLIST: 1. various of the event 2. SOUNDBITE 1 (Spanish): DANIEL FUNES DE RIOJA, President of Argentine Industrial Union 3. various of the event 4. SOUNDBITE 2 (Spanish): JOSE LUIS GUISTI, Minister of Economic Development and Production of the city of Buenos Aires 5. various of the event STORYLINE: Argentine companies from the food and beverage sector participated on Wednesday in the launch of an exploratory trade mission to Shanghai, with a focus on the 6th China International Import Expo (CIIE) to be held in November. The event was organized by the Coordinator of the Food Products Industries (COPAL), which brings together more than 14,000 companies in the sector, the ICBC Bank, the Argentine-Chinese Chamber of Production, Industry and Commerce (CACPIC) and the Investment and Foreign Trade Promotion Agency of the city of Buenos Aires. SOUNDBITE 1 (Spanish)

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Share of U.S. dollar as foreign exchange reserve would decrease over time: Slovak analyst

STORY: Share of U.S. dollar as foreign exchange reserve would decrease over time: Slovak analyst DATELINE: June 19, 2023 LENGTH: 00:01:29 LOCATION: Bratislava CATEGORY: SOCIETY SHOTLIST: 1. various of the views in U.S. 2. SOUNDBITE 1 (Slovak): STANISLAV PANIS, Analyst of the J&T Banka Slovak investment bank STORYLINE: The share of the dollar as the foreign exchange reserve worldwide would decrease over time, together with the number of global trade transactions carried out with it, said an analyst with a Slovak investment bank. SOUNDBITE 1 (Slovak): STANISLAV PANIS, Analyst of the J&T Banka Slovak investment bank "The position of the U.S. dollar is not in jeopardy because it is still the undisputed global reserve currency and I see nothing in the foreseeable future that could challenge it or substitute it. The only thing that already started is the fact that the share of the dollar as the foreign exchange reserve is decreasing. The dominance of the dollar will decrease but it doesn't mean that it will los

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U.S. crippling sanctions result in Afghanistan's trade difficulties: acting FM

STORY: U.S. crippling sanctions result in Afghanistan's trade difficulties: acting FM DATELINE: May 11, 2023 LENGTH: 00:01:04 LOCATION: Islamabad CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of Afghanistan 2. SOUNDBITE (Pashto): AMIR KHAN MUTTAQI, Acting Foreign Minister of Afghan interim government 3. various of Afghan central bank STORYLINE: Acting Foreign Minister of the Afghan interim government Amir Khan Muttaqi said earlier this week that the trade between Afghanistan and the region faces difficulties because of the U.S.-led sanctions. The senior official made the remarks at a seminar held by a think tank in Islamabad on Monday. SOUNDBITE (Pashto): AMIR KHAN MUTTAQI, Acting Foreign Minister of Afghan interim government "The government's treasury had been looted and emptied. We face crippling sanctions that result in the complete secession of banking transactions by many countries with the Afghan banks and force many countries to shut their doors to Afghans. Because of the sanctions, our trade wi

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Türkiye's current account deficit hits nearly 9.85 bln USD in Jan.

STORY: Türkiye's current account deficit hits nearly 9.85 bln USD in Jan. DATELINE: March 14, 2023 LENGTH: 00:01:09 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of the Turkish central bank and banknote counting 2. various of jewellery store and gas station in Türkiye 3. various of a container port STORYLINE: Türkiye's central bank said Monday the country's current account deficit reached nearly 9.85 billion U.S. dollars in January, following a rapid increase in gold imports and soaring energy import bills. The central bank's statistics showed that excluding gold and energy, the current account has a net surplus of 2.6 billion dollars in January. Among items constituting the current account balance, foreign trade in goods recorded a deficit of 12.43 billion dollars, while the services registered a net surplus of 3.16 billion dollars. The current account deficit in January beats the record 9. 41 billion dollars deficit in March 2011, according to official statistics. Meanwhile, Türkiy

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Malaysian economy recovers with expectations to deepen cooperation with China

STORY: Malaysian economy recovers with expectations to deepen cooperation with China DATELINE: Jan. 1, 2023 LENGTH: 00:02:07 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Kuala Lumpur street views 2. various of Malaysian Central Bank and bank notes counting machines 3. interior of an investment bank 4. various of customers doing groceries shopping 5. various of container vessels at Northport of Port Klang, Selangor 6. various of workers at the construction site 7. various of tourist and tourism spots in Malaysia 8. various of Kuala Lumpur International Airport STORYLINE: Malaysia's economy recovered steadily in 2022 thanks to improved labor conditions, increasing trade with foreign countries, among other factors. However, according to some research agencies, Malaysia faces such challenges as a sluggish economy and weaker exports in 2023. Malaysia's central bank said the Malaysian economy expanded by 9.3 percent in the first three quarters of 2022. It also estimates that the country's

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Bank of China

BEIJING, China - Photo taken May 8, 2013, shows the headquarters of Bank of China, the country's largest foreign exchange bank, in Beijing. Several news organizations reported the previous day that the bank had closed the account of North Korea's Foreign Trade Bank and halted transactions with it.

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Chinese Foreign Ministry spokeswoman

BEIJING, China - Hua Chunying, a spokeswoman of the Chinese Foreign Ministry, attends a press conference at the ministry in Beijing on May 8, 2013. She declined to confirm media reports the previous day that the Bank of China, the country's largest foreign exchange bank, had closed the account of North Korea's Foreign Trade Bank and halted transactions with it.

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U.S., N. Korea hold financial sanctions talks

BEIJING, China - O Kwang Chol (L), president of the Foreign Trade Bank of (North) Korea, heads back to the North Korean Embassy in Beijing following a round of Financial Working Group talks with the United States in the Chinese capital on Jan. 30.

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N. Korea delegate arrives in Beijing for finance talks with U.S.

BEIJING, China - O Kwang Chol, president of the Foreign Trade Bank of (North) Korea, arrives at Beijing International Airport on Jan. 30 for the so-called Financial Working Group talks with the United States.

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N. Korea delegate arrives in Beijing for finance talks with U.S.

BEIJING, China - O Kwang Chol, president of the Foreign Trade Bank of (North) Korea, waves as he arrives at Beijing International Airport on Jan. 30 for the so-called Financial Working Group talks with the United States.

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Korea-major drop of Won

Major drop of Korean Won -- Foreign exchange trade was temporarily stopped due to the huge drop of Korean won. (At Korea Foreign Exchange Bank main store in Seoul city, on December 10, 1997)

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Türkiye's annual current account deficit reaches 4-year peak

STORY: Türkiye's annual current account deficit reaches 4-year peak DATELINE: Oct. 12, 2022 LENGTH: 00:01:21 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish central bank 2. various of counting money 3. various of port and cargo STORYLINE: Türkiye's current account registered a deficit of 3.11 billion U.S. dollars in August, bringing its annual current account deficit to more than 40.88 billion dollars, a record high since 2018, showed the latest central bank statistics on Tuesday. The development stems from the "rising of good's deficit to 9.7 billion dollars, increasing by 6.81 billion dollars compared to the same month of the previous year," the Turkish central bank said on its website. Statistics published previously by the Turkish Statistical Institute showed the foreign trade deficit, seen as a big component of the current account deficit, increased by 159.9 percent to 11.19 billion dollars in August year-on-year, mainly due to Türkiye's soaring energy import bill. The official M

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Türkiye posts 4-bln-USD current account deficit in July

STORY: Türkiye posts 4-bln-USD current account deficit in July DATELINE: Sept. 13, 2022 LENGTH: 00:01:25 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. shot of Turkish flag 2. various of ports 3. various of Turkish central bank 4. various of Turkish lira and U.S. dollar 5. various of sea containers 6. various of cash counting 7. various of shipping trade in Türkiye STORYLINE: Türkiye's current account balance recorded a deficit of 4 billion U.S. dollars in July, up from 3.7 billion dollars in the same month last year, the data released by the central bank on Monday showed. Since November 2021, the Turkish current account balance has been in red ink on a monthly basis, while the 12-month rolling deficit increased to 36.58 billion dollars in July, according to the data. If gold and energy are excluded, however, the current account balance recorded a surplus of 3.74 billion dollars in July, up from 3.12 billion dollars of the same month last year. Meanwhile, the foreign trade deficit, a major component of

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GLOBALink | Chinese economy wins global vote of confidence

STORY: Chinese economy wins global vote of confidence DATELINE: June 18, 2022 LENGTH: 0:01:43 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): KRISTALINA GEORGIEVA, IMF Managing Director 2. SOUNDBITE 2 (English): ANEEL SALMAN, Economist at Comsats University Islamabad 3. SOUNDBITE 3 (English): BORGE BRENDE, World Economic Forum President 4. SOUNDBITE 4 (Chinese): JERRY ZHANG, Chief executive officer, Standard Chartered Bank (China) 5. SOUNDBITE 5 (English): AADITYA MATTOO, World Bank East Asia and Pacific Chief Economist STORYLINE: A series of recently-released economic barometers indicate that the Chinese economy has bounced back after having weathered shocks of the latest COVID-19 resurgence, revealing resilience and certainty in the still faltering global recovery. China's foreign trade rebounded in May. Its total imports and exports went up 9.6 percent year on year to 3.45 trillion yuan (510 billion U.S. dollars) last month on top of April's 0.1-percent expansion. As C

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Turkey current account in April sees 2.74-bln-USD deficit: central bank

STORY: Turkey current account in April sees 2.74-bln-USD deficit: central bank DATELINE: June 14, 2022 LENGTH: 00:01:14 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkey's central bank 2. various of Lira and the U.S. dollars 3. various of port, trucks and airport STORYLINE: Turkey's current account balance posted a deficit of 2.74 billion U.S. dollars in April, pushing the 12-month rolling deficit to 25.7 billion dollars, the Turkish central bank said Monday. Analysts attributed the continued deficit increase to the global uptrend in energy prices as a great proportion of energy consumed in the Turkish market is imported. According to the Turkish central bank, the hikes in energy prices have raised Turkey's 12-month rolling foreign trade deficit to 4.43 billion dollars in April. Thanks to the growth in services and other sectors, April's current account deficit was down from the 5.55-billion-dollar deficit in March. Excluding gold and the energy trade, the current account ba

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A History of 1955

junior high school students in Matsuyama overturned on a boat, many killed, 34 middle school girls drowned in a big wave. A bank robbery in Kitahama, Osaka, the kidnapping of Tony Tani's eldest son, the mambo craze, a new trend in youth clothing, the rise of the singing movement, a bumper rice harvest, a new 200-meter breaststroke record for Furukawa of Nihon University, Japan-U.S. swimming, the Boston Marathon. Hamamura's victory in the Boston Marathon, withdrawal from China and the Soviet Union, Self-Defense Forces exercises, establishment of the Airborne Corps, the first Honest John, the struggle against bases, sit-in in Mt. Sit-in, Forced surveying, Bandung Conference (Indonesia), Geneva Conference (U.S., France, U.K., USSR), Conference against atomic and hydrogen bombs, Japan-China trade agreement, Soviet delegation, Foreign Minister Mamoru Shigemitsu visited U.S., Communist Party Announcement of the death of General Secretary Kyuichi Tokuda. *Filming date unknown; release date: December 31, 1955.

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U.S., N. Korea hold financial sanctions talks

BEIJING, China - O Kwang Chol, president of the Foreign Trade Bank of (North) Korea, heads back to the North Korean Embassy in Beijing following a round of Financial Working Group talks with the United States in the Chinese capital on Jan. 30. (Kyodo)

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N. Korea delegate arrives in Beijing for finance talks with U.S.

BEIJING, China - O Kwang Chol, president of the Foreign Trade Bank of (North) Korea, waves as he arrives at Beijing International Airport on Jan. 30 for the so-called Financial Working Group talks with the United States. (Kyodo)

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N. Korea delegate arrives in Beijing for finance talks with U.S.

BEIJING, China - O Kwang Chol, president of the Foreign Trade Bank of (North) Korea, arrives at Beijing International Airport on Jan. 30 for the so-called Financial Working Group talks with the United States. (Kyodo)