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Presentation of "Future Index" nationwide research findings in Kyiv

First Deputy Prime Minister of Ukraine - Minister of Economy of Ukraine Yuliia Svyrydenko attends the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

First Lady of Ukraine Olena Zelenska delivers a speech during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

First Lady of Ukraine Olena Zelenska delivers a speech during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

TV presenter Kateryna Osadcha (L) and First Lady of Ukraine Olena Zelenska pose for a photo during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

First Deputy Prime Minister of Ukraine - Minister of Economy of Ukraine Yuliia Svyrydenko attends the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

TV presenter Kateryna Osadcha speaks during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

First Lady of Ukraine Olena Zelenska speaks to the press during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

United Nations Childrens Fund (UNICEF) Representative to Ukraine Munir Mammadzade speaks during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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Presentation of "Future Index" nationwide research findings in Kyiv

First Lady of Ukraine Olena Zelenska delivers a speech during the presentation of findings of the "Future Index: Professional Expectations and Development of Adolescents in Ukraine" nationwide research during the Career Festival at the Expocenter of Ukraine (VDNG), Kyiv, Ukraine, on May 22, 2025. Initiated by the Olena Zelenska Foundation, the survey, which questioned more than 10,000 teenagers aged 1316 and their parents, revealed that 70% of teenagers cannot name a profession or field in which they would like to work by the age of 30. One in five children has not yet considered any career path. At the same time, 82% of respondents have an optimistic outlook on their future. (Photo by Danylo Antoniuk/Ukrinform)

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IMF And WBG Spring Meetings 2025 - Washington

Flanked to the left by Randa Elnagar, Director, Communications Department, IMF (not pictured), and Krishna Srinivasan, Asia and Pacific Department, IMF, Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, right, speaks during a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

An audience member raises their hand to ask a question during the 'Regional Economic Outlook for Asia and Pacific' press conference hosted by (L-R) Randa Elnagar, Director, Communications Department, IMF, Krishna Srinivasan, Asia and Pacific Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

Krishna Srinivasan, Asia and Pacific Department, IMF, listens to an audience member's question during a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

Flanked by Randa Elnagar, Director, Communications Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, Krishna Srinivasan, Asia and Pacific Department, IMF, center, speaks during a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

An audience member asks a question during the 'Regional Economic Outlook for Asia and Pacific' press conference hosted by (L-R) Randa Elnagar, Director, Communications Department, IMF, Krishna Srinivasan, Asia and Pacific Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

Krishna Srinivasan, Asia and Pacific Department, IMF, listens to an audience member's question during a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

(L-R) Randa Elnagar, Director, Communications Department, IMF, Krishna Srinivasan, Asia and Pacific Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, host a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

Flanked by Randa Elnagar, Director, Communications Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF (not pictured), Krishna Srinivasan, Asia and Pacific Department, IMF, right, speaks during a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

Randa Elnagar, Director, Communications Department, IMF, speaks during the 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

(L-R) Randa Elnagar, Director, Communications Department, IMF, Krishna Srinivasan, Asia and Pacific Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, host a 'Regional Economic Outlook for Asia and Pacific' press conference at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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IMF And WBG Spring Meetings 2025 - Washington

An audience member asks a question during the 'Regional Economic Outlook for Asia and Pacific' press conference hosted by (L-R) Randa Elnagar, Director, Communications Department, IMF, Krishna Srinivasan, Asia and Pacific Department, IMF, and Thomas Helbling, Deputy Director, Asia and Pacific Department, IMF, at the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington, D.C. on April 24, 2025. Photo by Bryan Dozier/Middle Eats Images/ABACAPRESS.COM

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Jimmy Carter Dies Aged 100

United States President Jimmy Carter is shown after delivering his Energy Address to the Nation from the Oval Office of the White House in Washington, DC on Monday, April 18, 1977. The President said the energy outlook is grim unless strong conversation measures are taken. Photo by Benjamin E. "Gene" Forte/CNP/ABACAPRESS.COM

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Oviedo Names Princess Leonor As Honorary Mayoress

The Minister of Industry and Tourism, Jordi Hereu (left), and the president of the CEOE, Antonio Garamendi (right), during the 2024 General Assembly of the Spanish Chemical Industry Business Federation (FEIQUE), at the Auditorio El Beatriz Madrid, on October 24, 2024, in Madrid (Spain). During the assembly, the Spanish Chemical Industry Business Federation (FEIQUE) presented the economic outlook for the end of 2024 and forecasts for the coming year 2025. OCTOBER 24;2024 Eduardo Parra / Europa Press 10/24/2024

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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International Monetary Fund Raised Its Growth Forecast for China

YANTAI, CHINA - JULY 27, 2024 - A stadium is decorated with Chinese national flags in Yantai, Shandong province, China, July 27, 2024. On July 16, 2024, the International Monetary Fund (IMF) released its latest World Economic Outlook Report, lowering its forecast for US economic growth in 2024 by 0.1 percentage points to 2.6 percent, while raising its forecast for China's economic growth by 0.4 percentage points to 5 percent.

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World Bank cuts 2024 growth forecast for Japan

STORY: World Bank cuts 2024 growth forecast for Japan SHOOTING TIME: Recent footage DATELINE: June 13, 2024 LENGTH: 00:01:06 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: The World Bank has cut its economic growth forecast for Japan for 2024 to 0.7 percent from 0.9 percent, while lifting the global growth outlook for the year to 2.6 percent from 2.4 percent, local media reported. The Japan growth forecast fell 0.2 percentage point from the previous estimate in January due to sluggish consumption growth and slowing exports, as well as a halt in growth in demand from foreign tourists, Jiji Press said Tuesday, citing the World Bank's latest Global Economic Prospects report. Japan's economic growth is projected to rise to 1.0 percent in 2025, as consumption is expected to improve moderately, it added. Meanwhile, the global economy would avoid a third consecutive drop in real GDP growth since a major post-pandemic jump in 2021, with 2024 growth stabilizin

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DBS chief economist optimistic about China's growth outlook

STORY: DBS chief economist optimistic about China's growth outlook SHOOTING TIME: May 30, 2024 DATELINE: June 5, 2024 LENGTH: 00:02:03 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of DBS 2. various of street views in China 3. SOUNDBITE 1 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research 4. SOUNDBITE 2 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research 5. SOUNDBITE 3 (English): TAIMUR BAIG, Chief economist and managing director of DBS Group Research STORYLINE: DBS, Singapore's major banking group, has recently raised its forecast for China's GDP growth in 2024 to 5 percent from 4.5 percent, as a better-than-expected upturn in China's property market and trade performance propelled the economy. In an exclusive interview with Xinhua, Taimur Baig, chief economist and managing director of DBS Group Research, said China's economy has shown more positive signals of recovery. SOUNDBITE 1 (English): TAIMUR BAIG, Chief economist and man

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German industry insider: bullish on outlook of Chinese economy

STORY: German industry insider: bullish on outlook of Chinese economy SHOOTING TIME: June 1, 2024 DATELINE: June 2, 2024 LENGTH: 00:01:56 LOCATION: Berlin CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of China's industrial sector 2. SOUNDBITE (English): MICHAEL SCHUMANN, Chairman of BWA STORYLINE: The International Monetary Fund (IMF) has raised its forecast for China's GDP growth in 2024 to 5 percent from the April projection of 4.6 percent. A German industry insider shared his thoughts on the IMF's forecast revision. SOUNDBITE (English): MICHAEL SCHUMANN, Chairman of Federation of the Federal Association for Economic Development and Foreign Trade (BWA) "First, to say this quite clearly, it is a very good news and a very positive news because it will be a stimulus to the world economy if the growth rate in China is positive. We have always been bullish on the outlook of the Chinese economy. Our association BWA, we have been working with China, we have been fostering and supporting Sino-German econom

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JAPAN-TOKYO-CHINESE SCHOLARS-LECTURE-ECONOMY

(240523) -- TOKYO, May 23, 2024 (Xinhua) -- This photo taken on May 22, 2024 shows a scene during a lecture on "Understanding China's Economy" in Tokyo, Japan. Three Chinese scholars visiting Tokyo have given a lecture here on "Understanding China's Economy," shedding light on the current challenges and the immense potential of China's economic development. Held at the Chinese Embassy in Japan on Wednesday, the lecture attracted around 60 guests from Japan's political, business and academic circles. TO GO WITH "Scholars share China's economic outlook in Tokyo" (Xinhua/Liu Chunyan)

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Australian inflation projected to fall below 3 pct in 2024

STORY: Australian inflation projected to fall below 3 pct in 2024 SHOOTING TIME: May 13, 2024 DATELINE: May 15, 2024 LENGTH: 00:01:21 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of grocery stores in Canberra 2. various of a shopping center in Canberra 3. various of a petrol station in Canberra STORYLINE: Australia's inflation rate is set to return to the central bank's target band by the end of 2024, the government has forecast. According to projections released by the Treasury on Sunday, inflation will fall to 2.75 percent by December and to 2.5 percent by the end of 2025. The Treasury projections suggest that inflation will fall back to the Reserve Bank of Australia's target band of 2-3 percent one year earlier than forecast by the bank in its outlook published earlier in May. The central bank's forecast does not account for unannounced measures included in Chalmer's budget whereas the Treasury's does. "Inflation is still the big near-term challenge in our economy which is

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Türkiye raises year-end inflation forecast amid soaring prices

STORY: Türkiye raises year-end inflation forecast amid soaring prices SHOOTING TIME: May 9, 2024 & Earlier footage DATELINE: May 10, 2024 LENGTH: 00:01:19 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank (earlier footage) 2. SOUNDBITE 1 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 3. various of Turkish lira (earlier footage) 4. SOUNDBITE 2 (Turkish): FATIH KARAHAN, Turkish Central Bank Governor (courtesy of ihlas news agency) 5. various of Turkish lira (earlier footage) 6. various of Turkish Central Bank (earlier footage) STORYLINE: Türkiye's Central Bank has raised its end-of-year inflation forecast for 2024 to 38 percent, a two-percentage-point increase from previous estimates, as revealed in its latest quarterly report. The bank's outlook for the subsequent years remains unchanged, with inflation expected to decrease to 14 percent in 2025 and 9 percent in 2026, aiming for a medium-term stabilization target of 5 percent. Centr

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Swedish central bank cuts interest rate amid weak economy

STORY: Swedish central bank cuts interest rate amid weak economy SHOOTING TIME: May 8, 2024 DATELINE: May 9, 2024 LENGTH: 00:01:31 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Sweden's central bank 2. various of Stockholm street STORYLINE: Amid weak economic activity, Sweden's central bank lowered its benchmark interest rate from 4 percent to 3.75 percent on Wednesday. This is the first rate cut in eight years. The Riksbank said the change to the policy rate will apply from May 15. The Riksbank's executive board said that if the outlook for inflation still holds, two more policy rate cuts can be expected in the second half of the year. "It was expected. They cut the interest rate because inflation is sinking towards the target even faster than the Riksbank had predicted, and the economy is weak," said Alexander Noren, an economic commentator on Swedish Television (SVT). "However, they will proceed carefully and not spring any surprises," Noren added. "I am totally convinced

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Fitch Ratings upgrades Egypt's outlook to positive amid economic reforms

STORY: Fitch Ratings upgrades Egypt's outlook to positive amid economic reforms SHOOTING TIME: File footage DATELINE: May 5, 2024 LENGTH: 00:00:55 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. file footage of the Central Bank of Egypt STORYLINE: Global ratings agency Fitch upgraded Egypt's outlook from stable to positive on Friday. The ratings agency revealed the key drivers behind the positive outlook include reduced external vulnerability as Egypt has seen a significant reduction in near-term external financing risks, attributed to the Ras El Hekma deal with the United Arab Emirates (UAE), the adoption of a flexible exchange rate, and tighter monetary policies. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

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FRANCE-PARIS-CHINA-SYMPOSIUM-CROSS-CULTURAL DIALOGUE

(240503) -- PARIS, May 3, 2024 (Xinhua) -- Jean-Francois Huchet, president of the Paris-based National Institute of Oriental Languages and Civilizations (Inalco), speaks at a symposium themed "Exchanges and Mutual Learning between the Chinese and French Civilizations: Review and Outlook" in Paris, France, on May 3, 2024. More than 100 scholars from China and France gathered in Paris on Friday for a cross-cultural dialogue at the symposium aiming to deepen exchanges between different civilizations. (Xinhua/Lian Yi)

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FRANCE-PARIS-CHINA-SYMPOSIUM-CROSS-CULTURAL DIALOGUE

(240503) -- PARIS, May 3, 2024 (Xinhua) -- Gao Xiang, president of the Beijing-based Chinese Academy of Social Sciences (CASS), speaks at a symposium themed "Exchanges and Mutual Learning between the Chinese and French Civilizations: Review and Outlook" in Paris, France, on May 3, 2024. More than 100 scholars from China and France gathered in Paris on Friday for a cross-cultural dialogue at the symposium aiming to deepen exchanges between different civilizations. (Xinhua/Lian Yi)

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OECD revises up Türkiye's 2024 growth forecast to 3.4 pct

STORY: OECD revises up Türkiye's 2024 growth forecast to 3.4 pct SHOOTING TIME: Recent footage DATELINE: May 3, 2024 LENGTH: 00:01:15 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of a port in Türkiye (recent footage) 2. various of a textile factory in Türkiye (recent footage) 3. various of a customs gate in Türkiye (recent footage) STORYLINE: The Turkish economy is expected to grow at 3.4 percent this year and 3.2 percent in 2025, the Organization for Economic Cooperation and Development (OECD) said Thursday, revising up its February projection of 2.9 percent for 2024. In its economic outlook report, the OECD said Türkiye's real GDP growth was projected to slow from 4.5 percent in 2023 to 3.4 percent in 2024. Tighter financial conditions and the adverse impact of inflation on purchasing power in the country will subdue household consumption, the report said, reminding that inflation peaked at the beginning of this year but will remain elevated over 2024 and 2025. Despite tighter financial con

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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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Flights Set To Be Cancelled Due To Air Traffic Strike - Paris

An Air France airliner takes off behind the control tower at Roissy-Charles de Gaulle airport in Roissy-en-France, north of Paris, on April 23, 2024. A strike by air traffic controllers this Thursday (April 25) has not been called off, as the airport authorities hoped, making the outlook of hundreds of flight cancellations probable. Negotiations between unions and France’s civil aviation authority (Direction générale de l'aviation civile, DGAC) regarding changes to their job role have broken down. Photo by Eliot Blondet/ABACAPRESS.COM

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Flights Set To Be Cancelled Due To Air Traffic Strike - Paris

An Air France airliner takes off behind the control tower at Roissy-Charles de Gaulle airport in Roissy-en-France, north of Paris, on April 23, 2024. A strike by air traffic controllers this Thursday (April 25) has not been called off, as the airport authorities hoped, making the outlook of hundreds of flight cancellations probable. Negotiations between unions and France’s civil aviation authority (Direction générale de l'aviation civile, DGAC) regarding changes to their job role have broken down. Photo by Eliot Blondet/ABACAPRESS.COM

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Flights Set To Be Cancelled Due To Air Traffic Strike - Paris

An Air France airliner takes off behind the control tower at Roissy-Charles de Gaulle airport in Roissy-en-France, north of Paris, on April 23, 2024. A strike by air traffic controllers this Thursday (April 25) has not been called off, as the airport authorities hoped, making the outlook of hundreds of flight cancellations probable. Negotiations between unions and France’s civil aviation authority (Direction générale de l'aviation civile, DGAC) regarding changes to their job role have broken down. Photo by Eliot Blondet/ABACAPRESS.COM