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PRESS MEETING RIKSBANK'S INTEREST RATE ANNOUNCEMENT

Riksbank Governor Erik Thedéen during a press conference, in Stockholm, after the announcement that the Riksbank will leave the policy rate unchanged at 1.75 percent.Photo: Pontus Lundahl / TT / Code 10050

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EU Pact For The Mediterranean - Brussels

The President of the European Commission, Ursula von der Leyen, delivers a statement at the Berlaymont, the headquarters of the European Commission, on 16 October 2025 in Brussels, Belgium. Today, the European Commission and the High Representative are presenting an ambitious new strategy to strengthen the EU's relations with its partners in the Southern Mediterranean. Building on our historical and cultural ties, the Mediterranean Pact will focus on areas of common interest where we share challenges and aspirations. The Mediterranean Pact will intensify cooperation and economic ties between the shores of the Mediterranean Sea and beyond. It will contribute to building a common, connected, prosperous, resilient and secure Mediterranean area. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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EU Pact For The Mediterranean - Brussels

The President of the European Commission, Ursula von der Leyen, delivers a statement at the Berlaymont, the headquarters of the European Commission, on 16 October 2025 in Brussels, Belgium. Today, the European Commission and the High Representative are presenting an ambitious new strategy to strengthen the EU's relations with its partners in the Southern Mediterranean. Building on our historical and cultural ties, the Mediterranean Pact will focus on areas of common interest where we share challenges and aspirations. The Mediterranean Pact will intensify cooperation and economic ties between the shores of the Mediterranean Sea and beyond. It will contribute to building a common, connected, prosperous, resilient and secure Mediterranean area. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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EU Pact For The Mediterranean - Brussels

The President of the European Commission, Ursula von der Leyen, delivers a statement at the Berlaymont, the headquarters of the European Commission, on 16 October 2025 in Brussels, Belgium. Today, the European Commission and the High Representative are presenting an ambitious new strategy to strengthen the EU's relations with its partners in the Southern Mediterranean. Building on our historical and cultural ties, the Mediterranean Pact will focus on areas of common interest where we share challenges and aspirations. The Mediterranean Pact will intensify cooperation and economic ties between the shores of the Mediterranean Sea and beyond. It will contribute to building a common, connected, prosperous, resilient and secure Mediterranean area. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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EU Pact For The Mediterranean - Brussels

The President of the European Commission, Ursula von der Leyen, delivers a statement at the Berlaymont, the headquarters of the European Commission, on 16 October 2025 in Brussels, Belgium. Today, the European Commission and the High Representative are presenting an ambitious new strategy to strengthen the EU's relations with its partners in the Southern Mediterranean. Building on our historical and cultural ties, the Mediterranean Pact will focus on areas of common interest where we share challenges and aspirations. The Mediterranean Pact will intensify cooperation and economic ties between the shores of the Mediterranean Sea and beyond. It will contribute to building a common, connected, prosperous, resilient and secure Mediterranean area. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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EU Pact For The Mediterranean - Brussels

The President of the European Commission, Ursula von der Leyen, delivers a statement at the Berlaymont, the headquarters of the European Commission, on 16 October 2025 in Brussels, Belgium. Today, the European Commission and the High Representative are presenting an ambitious new strategy to strengthen the EU's relations with its partners in the Southern Mediterranean. Building on our historical and cultural ties, the Mediterranean Pact will focus on areas of common interest where we share challenges and aspirations. The Mediterranean Pact will intensify cooperation and economic ties between the shores of the Mediterranean Sea and beyond. It will contribute to building a common, connected, prosperous, resilient and secure Mediterranean area. Photo by Monasse T/ANDBZ/ABACAPRESS.COM

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RIKSBANKEN INTEREST RATE ANNOUNCEMENT MALMÖ

Riksbank Governor Erik Thedéen holds a press conference in Malmö after Tuesday's interest rate announcement. the Executive Board has decided to cut the policy rate by 0.25 percentage points, to 1.75 per cent. The Riksbank held its interest rate meeting in Malmö as part of its preparedness work. Photo: Johan Nilsson / TT / Code 50090

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

A journalist takes photos during a press conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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ECB Keeps Rates Unchanged - Frankfurt

European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Zhang Fan/Xinhua/ABACAPRESS.COM

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A journalist takes photos during a press conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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GERMANY-FRANKFURT-ECB-PRESS CONFERENCE

(240718) -- FRANKFURT, July 18, 2024 Photo by Xinhua/ABACAPRESS.COM) -- European Central Bank (ECB) President Christine Lagarde (C) speaks at a press conference at the ECB headquarters in Frankfurt, Germany, July 18, 2024. The ECB on Thursday decided to leave key interest rates unchanged at its regular rate-setting meeting. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.25 percent, 4.5 percent, and 3.75 percent respectively, announced the central bank in a statement. Photo by Xinhua/ABACAPRESS.COM/Zhang Fan)

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U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools

STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools SHOOTING TIME: June 12, 2024 DATELINE: June 13, 2024 LENGTH: 00:01:26 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as the latest consumer price data shows that inflation seems to be cooling. In a statement after the two-day policy meeting, the Federal Open Market Committee (FOMC), the Fed's policy-setting body, reiterated that the committee does not expect it will be appropriate to reduce the target range "until it has gained greater confidence that inflation is moving sustainably toward 2 percent." In addition, the committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, the FOMC said. The Fed's announcement came just a few hours after the U.S. Labor Department reported that the

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Portraits Project - Resisting the War - Tel Aviv

Ella poses for a portrait on March 13, 2024. Ella,17, was born in Jerusalem, Israel. Next year when she will be drafted, Ella plans to publicly refuse and use her refusal as a statement against the occupation. Ella thinks the war on Gaza is a disgusting display of the militarism and bloodlust embedded in Israeli culture. Serving the interest of money and capital and not the people. Ella believes that what’s happening in Gaza is a genocide and it is in the interest of Israeli’s and Palestinians to create a lasting and dynamic solution that achieves Palestinian sovereignty and autonomy. Photo by Liebe Blekh/Middle East Images/ABACAPRESS.COM

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Portraits Project - Resisting the War - Tel Aviv

Ella poses for a portrait on March 13, 2024. Ella,17, was born in Jerusalem, Israel. Next year when she will be drafted, Ella plans to publicly refuse and use her refusal as a statement against the occupation. Ella thinks the war on Gaza is a disgusting display of the militarism and bloodlust embedded in Israeli culture. Serving the interest of money and capital and not the people. Ella believes that what’s happening in Gaza is a genocide and it is in the interest of Israeli’s and Palestinians to create a lasting and dynamic solution that achieves Palestinian sovereignty and autonomy. Photo by Liebe Blekh/Middle East Images/ABACAPRESS.COM

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Portraits Project - Resisting the War - Tel Aviv

Ella poses for a portrait on March 13, 2024. Ella,17, was born in Jerusalem, Israel. Next year when she will be drafted, Ella plans to publicly refuse and use her refusal as a statement against the occupation. Ella thinks the war on Gaza is a disgusting display of the militarism and bloodlust embedded in Israeli culture. Serving the interest of money and capital and not the people. Ella believes that what’s happening in Gaza is a genocide and it is in the interest of Israeli’s and Palestinians to create a lasting and dynamic solution that achieves Palestinian sovereignty and autonomy. Photo by Liebe Blekh/Middle East Images/ABACAPRESS.COM

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Portraits Project - Resisting the War - Tel Aviv

Ella poses for a portrait on March 13, 2024. Ella,17, was born in Jerusalem, Israel. Next year when she will be drafted, Ella plans to publicly refuse and use her refusal as a statement against the occupation. Ella thinks the war on Gaza is a disgusting display of the militarism and bloodlust embedded in Israeli culture. Serving the interest of money and capital and not the people. Ella believes that what’s happening in Gaza is a genocide and it is in the interest of Israeli’s and Palestinians to create a lasting and dynamic solution that achieves Palestinian sovereignty and autonomy. Photo by Liebe Blekh/Middle East Images/ABACAPRESS.COM

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Portraits Project - Resisting the War - Tel Aviv

Ella poses for a portrait on March 13, 2024. Ella,17, was born in Jerusalem, Israel. Next year when she will be drafted, Ella plans to publicly refuse and use her refusal as a statement against the occupation. Ella thinks the war on Gaza is a disgusting display of the militarism and bloodlust embedded in Israeli culture. Serving the interest of money and capital and not the people. Ella believes that what’s happening in Gaza is a genocide and it is in the interest of Israeli’s and Palestinians to create a lasting and dynamic solution that achieves Palestinian sovereignty and autonomy. Photo by Liebe Blekh/Middle East Images/ABACAPRESS.COM

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Turkish central bank keeps policy rate unchanged at 50 pct

STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: File DATELINE: May 24, 2024 LENGTH: 00:01:06 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish central bank 2. various of Turkish lira 3. various of Turkish central bank 4. various of Turkish lira 5. various of Turkish central bank STORYLINE: Türkiye's central bank announced on Thursday that it would keep its interest rate unchanged at 50 percent, which is in line with market expectations. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged but reiterated that it remains highly attentive to inflation risks," the bank said in a statement. The bank said that the underlying trend of monthly inflation registered a limited decline in April, while the recent indicators point to a slowdown in domestic demand compared to the first quarter. Meanwhile, consumption goods imports increased in April, limiting the improvement in the current account balance.

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U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation ticks up

STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation ticks up SHOOTING TIME: May 1, 2024 DATELINE: May 2, 2024 LENGTH: 00:01:14 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of Jerome Powell at the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up. "Inflation has eased over the past year but remains elevated. In recent months, there has been a lack of further progress toward the Committee's 2 percent inflation objective," the Federal Open Market Committee (FOMC), the Fed's policy-setting body, said in a statement released after the Fed's two-day policy meeting. "The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the statement read. Beginning in June, the Committee will slow the pace of decline of its securities holdings by reducing the monthly

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Turkish central bank keeps policy rate unchanged at 50 pct

STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

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ECB leaves interest rates unchanged

STORY: ECB leaves interest rates unchanged SHOOTING TIME: April 11, 2024 DATELINE: April 12, 2024 LENGTH: 00:01:53 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of the EBC press conference 3. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President 4. various of the European Central Bank STORYLINE: The European Central Bank (ECB) on Thursday decided to leave key interest rates unchanged after its regular rate-setting meeting in Frankfurt, Germany. The three key interest rates are still hovering at historically high levels. The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility remain unchanged at 4.5 percent, 4.75 percent and 4 percent respectively, the ECB announced in a statement. SOUNDBITE (English): CHRISTINE LAGARDE, ECB President "So in conclusion, the governing council today decided to keep the three key ECB interest rates unchanged. We are determined to ens

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SRI LANKA-COLOMBO-INTEREST RATES-REDUCING

(240326) -- COLOMBO, March 26, 2024 (Xinhua) -- Sri Lanka's central bank governor Nandalal Weerasinghe speaks at a press conference in Colombo, Sri Lanka, on March 26, 2024. Sri Lanka's central bank decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 50 basis points to 8.50 percent and 9.50 percent respectively, the bank's statement said on Tuesday. (Photo by Gayan Sameera/Xinhua)

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Egyptian, UAE leaders discuss enhancing cooperation

STORY: Egyptian, UAE leaders discuss enhancing cooperation SHOOTING TIME: March 23, 2024 DATELINE: March 24, 2024 LENGTH: 00:01:56 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. various of the meeting (courtesy of the Egyptian Presidency) STORYLINE: Egyptian President Abdel-Fattah al-Sisi and President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan discussed on Saturday ways to enhance cooperation between the two countries. During a meeting in the Egyptian capital Cairo, both leaders also explored the promising opportunities to broaden cooperation horizons, the Egyptian presidency said in a statement. Sisi and the visiting UAE president discussed means to strengthen the "deep partnership" between the two countries in economic, investment, development, and political fields. The two leaders reviewed regional issues of common interest, especially the intensified efforts to reach a ceasefire in the Gaza Strip and the implementation of humanitarian aid in quantities sufficient

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Mexico's central bank cuts interest rate for 1st time in 3 years

STORY: Mexico's central bank cuts interest rate for 1st time in 3 years SHOOTING TIME: Archives DATELINE: March 22, 2024 LENGTH: 00:01:15 LOCATION: Mexico City CATEGORY: ECONOMY SHOTLIST: 1. aerial view of Mexico City 2. various of the banks in Mexico 3. various of banknotes STORYLINE: The Central Bank of Mexico (Banxico) on Thursday reduced its benchmark interest rate for the first time in three years. The benchmark interest rate was reduced by 0.25 percentage points to 11.0 percent, the central bank said in a statement. Banxico said it made the decision due to a disinflationary process in the country, despite the presence of upside risks. According to the most recent official data, headline inflation in Mexico was 4.40 percent year-on-year through February. The reduction came a year after Banxico's five-member board raised the benchmark rate to 11.25 percent. Xinhua News Agency correspondents reporting from Mexico City. (XHTV)

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Turkish central bank raises policy interest rate to 50 pct

STORY: Turkish central bank raises policy interest rate to 50 pct SHOOTING TIME: November 2023 and March 2024 DATELINE: March 22, 2024 LENGTH: 00:01:25 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of the Turkish Central Bank (Nov. 30, 2023) 2. various of the Turkish lira (Nov. 30, 2023) 3. various of people at a shopping mall in Türkiye (March 19 2024) (courtesy of ihlas news agency) 4. various of people at a supermarket in Türkiye (March 14, 2024) (courtesy of Ankara Metropolitan Municipality) 5. various of the Turkish lira (Nov. 30, 2023) 6. various of Fatih Karahan, governor of Turkish Central Bank (March 12, 2024) (courtesy of ihlas news agency) 7. various of the Turkish Central Bank (Nov. 30, 2023) STORYLINE: Türkiye's central bank has resumed its interest rate hikes, increasing the policy rate by 500 basis points to a substantial 50 percent, the bank said in a statement on Thursday. The move came as the bank aimed to tackle the persistent inflation that has been higher than anticipated

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U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct amid continued inflation pressures

STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct amid continued inflation pressures SHOOTING TIME: March 20, 2024 DATELINE: March 21, 2024 LENGTH: 00:01:11 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of Jerome Powell waking into the press room 2. SOUNDBITE (English): JEROME POWELL, U.S. Federal Reserve Chair STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates continued inflation pressures. The Federal Open Market Committee (FOMC), the Fed's policy-setting body, reiterated in a statement that it does not expect it will be appropriate to reduce the target range "until it has gained greater confidence that inflation is moving sustainably toward 2 percent." SOUNDBITE (English): JEROME POWELL, U.S. Federal Reserve Chair "Inflation is still too high, ongoing progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to ret

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Bank of Japan ends negative interest rates in historic policy overhaul

STORY: Bank of Japan ends negative interest rates in historic policy overhaul SHOOTING TIME: Earlier footage DATELINE: March 19, 2024 LENGTH: 0:00:41 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of the Bank of Japan 2. various of city views in Tokyo STORYLINE: The Bank of Japan (BOJ) on Tuesday decided to end its negative interest rate policy in its first rate hike in 17 years, marking a major shift away from the long-running monetary easing that Japan has seen over the past decade to put an end to deflation. After a two-day policy meeting, the central bank's policy board decided to guide short-term rate to a range of 0 to 0.1 percent, up a fraction from minus 0.1 to 0 percent, judging that its goal of attaining a stable 2 percent inflation is "in sight." "It came into sight that the price stability target of 2 percent would be achieved in a sustainable and stable manner," the BOJ said in a post-meeting statement. On top of returning to positive rates, the BOJ also decided to scrap it

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Egypt's central bank raises interest rates by 600 bps

STORY: Egypt's central bank raises interest rates by 600 bps SHOOTING TIME: earlier footage DATELINE: March 7, 2024 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting banknotes 3. various of the National Bank of Egypt 4. various of Banque Misr STORYLINE: The Central Bank of Egypt (CBE) raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition to a flexible inflation targeting regime. In a statement, the central bank raised the overnight lending rate to 28.25 percent, its overnight deposit rate to 27.25 percent, and the rate of the main operation to 27.75 percent. The CBE decided to accelerate the monetary tightening process in order to fast-track the disinflation path and ensure a decline in underlying inflation. Egypt's annual inflation figures, despite recent declines, are expected to remai

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Turkish central bank keeps interest rate unchanged at 45 pct

STORY: Turkish central bank keeps interest rate unchanged at 45 pct SHOOTING TIME: Feb. 22, 2024 DATELINE: Feb. 23, 2024 LENGTH: 00:00:29 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping 2. various of Turkish Treasury and Finance Minister Mehmet Simsek 3. various of Fatih Karahan, the new Governor of Turkish Central Bank STORYLINE: Türkiye's central bank kept its interest rate unchanged at 45 percent on Thursday, completing a monetary tightening cycle to set the course for disinflation. "The current level of the policy rate will be maintained until there is a significant and sustained decline in the underlying trend of monthly inflation and until inflation expectations converge to the projected forecast range," said the bank in a statement. It added that the monetary policy stance will be tightened if a significant and persistent deterioration in the inflation outlook is anticipated. "Monetary transmission mechanism will be supported in case of unanticipated developmen

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Egypt's central bank raises interest rates by 200 bps to ease inflation

STORY: Egypt's central bank raises interest rates by 200 bps to ease inflation SHOOTING TIME: Feb. 1, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:00:54 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting Egyptian banknotes 3. various of a market STORYLINE: The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday over uncertainty surrounding the inflation outlook. The rate hike brings the lending rate to 22.25 percent and the deposit rate to 21.25 percent. "Widespread inflationary pressures remain elevated, continuing to impact pricing and consumption behaviors," the bank said in a statement. Egypt's annual headline and core inflation continued to decelerate, recording 33.7 percent and 34.2 percent in December 2023. However, geopolitical uncertainty and ongoing maritime trade disruptions continue to raise domestic and global inflationary pressures. The meeting came amid the co

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Türkiye raises policy rate to 45 pct as predicted

STORY: Türkiye raises policy rate to 45 pct as predicted SHOOTING TIME: Jan. 9, 2024/Nov. 30, 2023 DATELINE: Jan. 26, 2024 LENGTH: 00:01:14 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish central bank (Nov. 30, 2023) 2. various of Turkish lira (Nov. 30, 2023) 3. various of people at cashpoints in Türkiye (Jan. 9, 2024) 4. various of Turkish lira (Nov. 30, 2023) STORYLINE: The Turkish central bank on Thursday raised its key interest rate by 250 basis points to 45 percent, in line with market expectations. The central bank's monetary policy committee said in a statement that the level of monetary tightening required to establish disinflation has been reached. "Taking into account the lagged impact of monetary tightening, the committee assesses that the monetary tightness required to establish the disinflation course is achieved and that this level will be maintained as long as needed," the statement said. According to the statement, the committee assessed that the current policy rate le

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ECB holds rates steady

STORY: ECB holds rates steady SHOOTING TIME: Dec. 14, 2023 DATELINE: Dec. 15, 2023 LENGTH: 00:01:00 LOCATION: FRANKFURT, Germany CATEGORY: ECONOMY SHOTLIST: 1. various of the European Central Bank 2. various of shopping malls in Frankfurt STORYLINE: The European Central Bank (ECB) on Thursday decided to leave its key interest rates unchanged. The interest rates on the main refinancing operations, the marginal lending facility and the deposit facility will all remain unchanged at 4.5 percent, 4.75 percent and 4 percent, respectively. "The Governing Council is determined to ensure that inflation returns to its 2 percent medium-term target in a timely manner," the bank said in a statement. "Based on its current assessment, the Governing Council considers that the key ECB interest rates are at levels that, maintained for a sufficiently long duration, will make a substantial contribution to this goal." Compared with their projections made in September, the ECB staff now revised their inflation expectations f

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U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle

STORY: U.S. Fed leaves interest rates unchanged as inflation cools, signaling end to rate hiking cycle SHOOTING TIME: Dec. 13, 2023 DATELINE: Dec. 14, 2023 LENGTH: 0:00:36 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as inflation continued to cool, signaling an end to its rate hiking cycle and possible rate cuts next year. "Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter," the Federal Open Market Committee (FOMC) said in a statement after concluding a two-day policy meeting, the last in 2023. "Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated," the committee said. The central bank noted that tighter financial and credit conditions for households and

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Turkish central bank raises policy interest rate to 40 pct

STORY: Turkish central bank raises policy interest rate to 40 pct SHOOTING TIME: Nov. 13, 2023 DATELINE: Nov. 24, 2023 LENGTH: 00:01:12 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank (date: Nov. 13, 2023) (edited) 2. various of Turkish Lira (date: Nov. 13, 2023) (edited) 3. various of Turkish Central Bank Governor Hafize Gaye Erka (date: Nov. 2, 2023) (edited) 4. various of Turkish Lira (date: Nov. 13, 2023) (edited) 5. various of Turkish Central Bank (date: Nov. 13, 2023) (edited) STORYLINE: Türkiye's central bank increased on Thursday its policy rate by 500 basis points to 40 percent. The central bank's monetary policy committee said in a statement that the current level of monetary tightness is assessed to be significantly close to the level required to establish the disinflation course. "Accordingly, the pace of monetary tightening will slow down, and the tightening cycle will be completed shortly," the central bank said in a statement, while noting "the monetar

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Australia's central bank lifts cash rate to 4.35 pct

STORY: Australia's central bank lifts cash rate to 4.35 pct SHOOTING TIME: Nov. 7, 2023 DATELINE: Nov. 8, 2023 LENGTH: 0:01:09 LOCATION: SYDNEY, Australia CATEGORY: ECONOMY SHOTLIST: 1. various of Sydney Opera House 2. various of the Reserve Bank of Australia 3. various of banks STORYLINE: The Reserve Bank of Australia (RBA) on Tuesday decided to raise the cash rate target by 25 basis points to 4.35 percent, after keeping the rate on hold for four consecutive months. Following a monetary policy meeting on Tuesday, RBA Governor Michele Bullock said in a statement that the rise in interest rates was warranted to be more assured that inflation would return to target in a reasonable timeframe. According to the latest figures released by the Australian Bureau of Statistics, the Consumer Price Index (CPI) rose 1.2 percent in the September 2023 quarter, higher than the 0.8-percent rise in the June 2023 quarter, while the annual inflation eased down from 6.0 percent to 5.4 percent. Automotive fuel and

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U.S. Fed leaves interest rates unchanged amid surging Treasury yields

STORY: U.S. Fed leaves interest rates unchanged amid surging Treasury yields SHOOTING TIME: Nov. 1, 2023 DATELINE: Nov. 2, 2023 LENGTH: 00:01:14 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. various of speech by Fed Chairman Jerome Powell STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25-5.5 percent, as yields on long-term U.S. Treasury bonds have spiked in recent months. "Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation remains elevated," the Federal Open Market Committee (FOMC) said in a statement after concluding a two-day policy meeting. Wednesday's decision comes as the 10-year Treasury yield has risen swiftly, by nearly one percentage point, since Fed officials last raised rates in July, recently hitting 5 percent for the first ti