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GERMANY-BERLIN-INFLATION-DECLINE

(240403) -- BERLIN, April 3, 2024 (Xinhua) -- A man shops for bread at a supermarket in Berlin, capital of Germany, April 3, 2024. The German inflation rate fell to 2.2 percent in March, marking the lowest level since April 2021, according to preliminary figures released by the Federal Statistical Office (Destatis) on Tuesday. (Xinhua/Ren Pengfei)

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GERMANY-BERLIN-INFLATION-DECLINE

(240403) -- BERLIN, April 3, 2024 (Xinhua) -- Vehicles run past a gas station in Berlin, capital of Germany, April 3, 2024. The German inflation rate fell to 2.2 percent in March, marking the lowest level since April 2021, according to preliminary figures released by the Federal Statistical Office (Destatis) on Tuesday. (Xinhua/Ren Pengfei)

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GERMANY-BERLIN-INFLATION-DECLINE

(240403) -- BERLIN, April 3, 2024 (Xinhua) -- People shop at a supermarket in Berlin, capital of Germany, April 3, 2024. The German inflation rate fell to 2.2 percent in March, marking the lowest level since April 2021, according to preliminary figures released by the Federal Statistical Office (Destatis) on Tuesday. (Xinhua/Ren Pengfei)

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Bosch aims to accelerate growth globally, maintain long-term development in China

STORY: Bosch aims to accelerate growth globally, maintain long-term development in China DATELINE: May 5, 2023 LENGTH: 00:02:31 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the Bosch's press conference 2. various of Bosch campus STORYLINE: The leading German engineering and technology company Bosch on Thursday held its annual press conference, highlighting innovation and profitability as key factors to achieve continued growth. "We rose well to the challenges of 2022, both our sales and our margin were higher than expected. And even if the economic and social environment remains demanding, we want to grow significantly faster," said Stefan Hartung, chairman of the board of management of Robert Bosch GmbH. In the years ahead, given normal rates of inflation, the company set itself the goal of achieving an average annual sales growth of 6 to 8 percent and attain a margin of at least 7 percent, Hartung said. He emphasized that innovation and profitability are two crucial points fo

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Türkiye's weak lira boosts tourists, revenues

STORY: Türkiye's weak lira boosts tourists, revenues DATELINE: Dec. 24, 2022 LENGTH: 00:01:39 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of hot air balloons and Cappadocia 2. tourists at the beaches of Türkiye 3. tourists at the old city center of Amasra, Türkiye 4. SOUNDBITE (Turkish): KAAN SAHINALP, Türkiye representative of German tourism giant TUI STORYLINE: Helped by a weakening currency, Türkiye's crucial tourism industry is recording a robust post-pandemic rebound. Tourism revenues are vital to the economy as the government's economic program focuses on flipping the current account deficits to a surplus, prioritizing exports, production and investments, and aiming to curb inflation. The number of foreign visitors arriving in Türkiye climbed 88 percent year on year from January through October this year to 39.1 million, on pace to match the pre-pandemic levels of 2019. The rebound has also been driven by a major leap in demand from Europe as the European continent grapples with an ene

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German restaurant owner worries about high energy bills

STORY: German restaurant owner worries about high energy bills DATELINE: Sept. 22, 2022 LENGTH: 00:02:04 LOCATION: Berlin CATEGORY: ECONOMY SHOTLIST: 1. various of the view in Europe 2. various of Nord Stream I pipeline 3. SOUNDBITE 1 (German): KLAUS RUDOLPH, Owner of a restaurant in Lubmin STORYLINE: Europe is heading toward a bitter winter as a new disruption of natural gas from Russia aggravates its energy crunch and the cost of living crisis. Russia's largest gas producer Gazprom announced earlier this month that it had stopped gas supplies via the Nord Stream I pipeline for an indefinite period due to malfunctions at a compressor unit. Analysts say the Russian gas cut-off will likely worsen Europe's energy crisis and trigger further fuel price hikes, escalating inflation and impacting livelihoods. Some businesses in Europe have felt the pinch of the energy crisis. SOUNDBITE 1 (German): KLAUS RUDOLPH, Owner of a restaurant in Lubmin "The gas price is three times of the past, at least three times. I

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Germany faced with energy woes

STORY: Germany faced with energy woes DATELINE: Sept. 1, 2022 LENGTH: 00:01:26 LOCATION: Berlin CATEGORY: SOCIETY SHOTLIST: 1. various of views in Germany 2. SOUNDBITE (English): ZHU SHENG, Xinhua Correspondent in Berlin STORYLINE: SOUNDBITE (English): ZHU SHENG, Xinhua correspondent in Berlin "On Wednesday, gas deliveries through Nord Stream 1 pipeline from Russia to Germany will be halted for three days due to scheduled maintenance. It evokes again the concerns of its energy security among German people. Germany has been recently busy with its worst energy crisis in decades, which has worsened even further. Electricity and gas prices have soared. According to economists, the significant climb of electricity and gas prices has become a risk factor for the German economy. Another consequence of current soaring energy prices is the terrible inflation. For the past several months, prices have been rising in Germany, with inflation hovering at a high level of almost 8 percent. In addition, according to the Ge

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GERMANY-G7-MEETING-FINANCE MINISTER-CHRISTIAN LINDNER

(220521) -- FRANKFURT, May 21, 2022 (Xinhua) -- Photo taken in Frankfurt, Germany on May 20, 2022 shows a screen displaying German Finance Minister Christian Lindner speaking at a press conference after the G7 finance ministers and central governors meeting held in Germany's Petersberg. The Group of Seven (G7) countries are determined to rein in the spiraling inflation, Christian Lindner said on Friday. "Across most G7 countries, inflation rates have reached levels not seen for decades," said a communique released after the meeting. "G7 central banks are closely monitoring the impact of price pressures on inflation expectations and will continue to appropriately calibrate the pace of monetary policy tightening in a data-dependent and clearly communicated manner, ensuring that inflation expectations remain well anchored, while being mindful to safeguard the recovery and limit negative cross-country spillovers." (Xinhua/Lu Yang)

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GERMANY-BERLIN-CONSUMER SENTIMENT-FALL

(220427) -- BERLIN, April 27, 2022 (Xinhua) -- A consumer shops at a supermarket in Berlin, capital of Germany, on April 27, 2022. Consumer confidence in Germany deteriorated significantly in April amidst the Russia-Ukraine conflict, according to a monthly study published by the Nuremberg-based market research institute GfK on Wednesday. Due to the "explosion in energy prices" and high inflation, the forward-looking GfK indicator for May slumped 10.8 points to a historic low of minus 26.5 points, according to the study based on interviews of around 2,000 German consumers. (Xinhua/Ren Pengfei)

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GERMANY-BERLIN-CONSUMER SENTIMENT-FALL

(220427) -- BERLIN, April 27, 2022 (Xinhua) -- A consumer shops at a supermarket in Berlin, capital of Germany, on April 27, 2022. Consumer confidence in Germany deteriorated significantly in April amidst the Russia-Ukraine conflict, according to a monthly study published by the Nuremberg-based market research institute GfK on Wednesday. Due to the "explosion in energy prices" and high inflation, the forward-looking GfK indicator for May slumped 10.8 points to a historic low of minus 26.5 points, according to the study based on interviews of around 2,000 German consumers. (Xinhua/Ren Pengfei)

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GERMANY-BERLIN-CONSUMER SENTIMENT-FALL

(220427) -- BERLIN, April 27, 2022 (Xinhua) -- A consumer shops at a supermarket in Berlin, capital of Germany, on April 27, 2022. Consumer confidence in Germany deteriorated significantly in April amidst the Russia-Ukraine conflict, according to a monthly study published by the Nuremberg-based market research institute GfK on Wednesday. Due to the "explosion in energy prices" and high inflation, the forward-looking GfK indicator for May slumped 10.8 points to a historic low of minus 26.5 points, according to the study based on interviews of around 2,000 German consumers. (Xinhua/Ren Pengfei)