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Tighter Halloween crowd control in Shinjuku

Tighter Halloween crowd control in Shinjuku

Security guards patrol in Tokyo's bustling Kabukicho district on Halloween night on Oct. 31, 2024, as Shinjuku Ward introduced a ban on alcohol consumption in the area from 5 p.m. Oct. 31 to 5 a.m. Nov. 1.

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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Press conference on the rise in road accidents in 2024 - Marseille

Press conference on the rise in road accidents in 2024 - Marseille

Marseille's public prosecutor Nicolas Bessone at a press conference on the rise in road accidents in 2024, announces tighter controls and the creation of a task force with the police and gendarmerie to reduce the number of deaths on the roads, in Marseille, France, on 27 September 2024. Photo by Laurent Coust/ABACAPRESS.COM

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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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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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Italy marks Liberation Day with tighter security

STORY: Italy marks Liberation Day with tighter security SHOOTING TIME: April 25, 2024 DATELINE: April 26, 2024 LENGTH: 00:00:43 LOCATION: Rome CATEGORY: POLITICS SHOTLIST: 1. various of celebrations in Rome STORYLINE: Italy marked the 79th anniversary of its liberation from fascism on Thursday with pomp and circumstance, and tighter security. The celebrations included the traditional laying of a laurel wreath at the Altar of the Fatherland in Rome's Piazza Venezia by President Sergio Mattarella. Prime Minister Giorgia Meloni and the presidents of both chambers of the Parliament and various other dignitaries were also on hand for the wreath-laying. Events to mark the Liberation Day also took place in other cities across the country, including the financial and fashion hub Milan, Florence, the canal city of Venice, and Naples. All the events took place amid heightened security. Xinhua News Agency correspondents reporting from Rome. (XHTV)

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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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U.S. gas prices hit 10-month highs amid tighter supplies, heatwaves

STORY: U.S. gas prices hit 10-month highs amid tighter supplies, heatwaves DATELINE: Aug. 19, 2023 LENGTH: 00:00:44 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of a gas station in Arlington, the U.S. state of Virginia STORYLINE: U.S. gas prices surged to an average of 3.87 U.S. dollars a gallon nationally on Thursday, the highest level in 10 months, data showed. That's 31 cents higher than a month ago, but still below the record high of 5.02 dollars in June 2022, according to the American Automobile Association (AAA). California has been on the top of the 10 most expensive markets across the country, with an average of 5.18 dollars a gallon, followed by Washington, Hawaii, Oregon and Alaska. The summertime gas price spike has been driven by lower gasoline stockpiles and a series of refinery outages caused by extreme heat. Goldman Sachs estimated that record heat levels in Texas have likely led to a sharp 2 percent slump in U.S. refiners' product yields over the past few weeks. AAA

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U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

(230413) -- WASHINGTON, April 13, 2023 (Xinhua) -- Tobias Adrian, director of the IMF's Monetary and Capital Markets Department, speaks at a press briefing in Washington, D.C., the United States, on April 11, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

(230413) -- WASHINGTON, April 13, 2023 (Xinhua) -- Tobias Adrian, director of the IMF's Monetary and Capital Markets Department, speaks at a press briefing in Washington, D.C., the United States, on April 11, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

(230413) -- WASHINGTON, April 13, 2023 (Xinhua) -- Tobias Adrian (2nd L), director of the IMF's Monetary and Capital Markets Department, speaks at a press briefing in Washington, D.C., the United States, on April 11, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

U.S.-WASHINGTON-IMF-GLOBAL FINANCIAL STABILITY REPORT

(230413) -- WASHINGTON, April 13, 2023 (Xinhua) -- Tobias Adrian, director of the IMF's Monetary and Capital Markets Department, speaks at a press briefing in Washington, D.C., the United States, on April 11, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

(230412) -- WASHINGTON, April 12, 2023 (Xinhua) -- Vitor Gaspar, director of the International Monetary Fund (IMF)'s fiscal affairs department, speaks at a press briefing in Washington, D.C., the United States, on April 12, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

(230412) -- WASHINGTON, April 12, 2023 (Xinhua) -- Vitor Gaspar, director of the International Monetary Fund (IMF)'s fiscal affairs department, speaks at a press briefing in Washington, D.C., the United States, on April 12, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

(230412) -- WASHINGTON, April 12, 2023 (Xinhua) -- Vitor Gaspar, director of the International Monetary Fund (IMF)'s fiscal affairs department, speaks at a press briefing in Washington, D.C., the United States, on April 12, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

U.S.-WASHINGTON, D.C.-IMF-TIGHTER FISCAL POLICY-URGING

(230412) -- WASHINGTON, April 12, 2023 (Xinhua) -- Vitor Gaspar, director of the International Monetary Fund (IMF)'s fiscal affairs department, speaks at a press briefing in Washington, D.C., the United States, on April 12, 2023. The International Monetary Fund (IMF) on Wednesday urged fiscal policymakers to adopt tighter fiscal policies to help central banks fight inflation. (Xinhua/Liu Jie)

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Global trade growth to slow to 1.7 pct in 2023: WTO report

STORY: Global trade growth to slow to 1.7 pct in 2023: WTO report DATELINE: April 6, 2023 LENGTH: 00:02:17 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. exterior of World Trade Organization (WTO) building 2. SOUNDBITE (English): RALPH OSSA, WTO Chief Economist 3. various of WTO & the report STORYLINE: Global trade growth in 2023 will slow to 1.7 percent, the World Trade Organization (WTO) said in its annual trade statistics and outlook report, published on Wednesday. The volume of world merchandise trade has been weighed down by the effects of the conflict in Ukraine, high inflation, tighter monetary policy and financial market uncertainty, the report said. However, the forecast for trade growth in 2023 is up from the previous estimate of 1.0 percent from last October. China's adjustment of its COVID-19 measures is a "key factor" in this increase, the report said. The Chinese market is expected to boost international trade, the report said. Dragged down by a sharp slump in the fourth quar

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Japan protests China's suspension of visa issuance to citizens

The Japanese government on Wednesday protested China's decision to suspend the issuance of visas to Japanese travelers and urged the country to repeal the measure that is seen as retaliation for Tokyo adopting tighter COVID-19 entry restrictions. "It is extremely regrettable that China is restricting issuing visas for reasons besides novel coronavirus countermeasures," Chief Cabinet Secretary Hirokazu Matsuno told a regular news conference, adding Tokyo has protested through diplomatic channels. China stopped issuing new visas to Japanese and South Korean travelers Tuesday after it said it would respond to countries that introduced tighter coronavirus entry restrictions on visitors from China. Since late last year, Japan temporarily started tightening border controls on travelers from mainland China amid a surge of cases and fears that a new virus variant could emerge there.

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Kagoshima Gov. Ito at press conference

Kagoshima Gov. Ito at press conference

KAGOSHIMA, Japan - Kagoshima Gov. Yuichiro Ito gives a press conference in Kagoshima on Oct. 17, 2014, about a town meeting aimed at winning local residents' support for bringing Kyushu Electric Power Co.'s Sendai nuclear power plant back online after it cleared the government's new, tighter safety regulations adopted after the Fukushima meltdowns.

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Fuji Heavy's 1st new car engine in 21 yrs

Fuji Heavy's 1st new car engine in 21 yrs

OIZUMI, Japan - Masahiro Kasai, corporate senior vice president of Fuji Heavy Industries Ltd., shows off the first new car engine the company has created in 21 years in Oizumi, Gunma Prefecture, on Sept. 23, 2010. Fuji Heavy said it has produced the new main engine for passenger cars to satisfy tighter environmental regulations.

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Manga artists oppose tighter porn regulation

Manga artists oppose tighter porn regulation

TOKYO, Japan - Influential Japanese ''manga'' comic artists -- (From L) Go Nagai, Tetsuya Chiba and Machiko Satonaka -- attend a gathering at the Tokyo metropolitan government on March 15, 2010. The artists opposed a government-sponsored ordinance revision aimed at regulating sexual imagery.

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Expert warns grain importers to prepare for shipment halt

Expert warns grain importers to prepare for shipment halt

TOKYO, Japan - Etsuo Kitahara, director general of the International Grains Council, speaks at an interview with Kyodo News in Tokyo. Kitahara, who is on a visit to Japan, warns that as grain markets have become increasingly tighter with declining crops in major exporting-countries, import-dependent countries, such as Japan, should correctly understand market trends and brace themselves for the worst.

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Narita airport under tighter security

Narita airport under tighter security

NARITA, Japan - Police set up a special security unit consisting of about 3,000 officers at Narita airport, Japan's largest international gateway, as part of efforts to ensure security ahead of the World Cup soccer finals. The police deployed officers with shields and dogs at the airport as a measure to counter terrorism and deal with any disorder during the arrival of foreign soccer fans. (2002 World Cup)

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Koizumi's staff starts work in new office

Koizumi's staff starts work in new office

TOKYO, Japan - Chief Cabinet Secretary Yasuo Fukuda (L) gives his regular media briefing at the new premier's official residence, which formally opened April 30 next to the old house-cum-office. Welcoming tighter security at the new five-story building compared with that in its 73-year-old predecessor, Fukuda said, ''It's a little inconvenient that I can't enter my office without an ID card, but that's what we want.''

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Koizumi gives NHK interview

Koizumi gives NHK interview

TOKYO, Japan - Prime Minister Junichiro Koizumi is interviewed by NHK-TV on March 30 at NHK's Chiyoda broadcasting hall in Tokyo. The videotaped interview will be aired in the morning of March 31. Koizumi said tighter anticorruption legislation is necessary to eradicate political money scandals.

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Nakatani, Takenaka speak at 'town meeting' in Kashihara

Nakatani, Takenaka speak at 'town meeting' in Kashihara

KASHIHARA, Japan - Defense Agency chief Gen Nakatani (L) and Heizo Takenaka, minister of economy and fiscal policy, speak July 7 at a government-sponsored ''town meeting' between cabinet ministers and citizens. Nakatani said he will demand tighter discipline on U.S. forces based in Japan following the arrest of a U.S. serviceman suspected of raping a Japanese woman in Okinawa.

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Nigerian president urges tighter security around borders in Lake Chad Basin

STORY: Nigerian president urges tighter security around borders in Lake Chad Basin DATELINE: Nov. 30, 2022 LENGTH: 00:02:32 LOCATION: Abuja CATEGORY: POLITICS SHOTLIST: 1. various of the arrival of officials at the event 2. various of officials and stakeholders 3. file footage of the Lake Chad Basin region 4. file footage of fishermen on the Lake Chad 5. various of military patrolling the region 6. SOUNDBITE (English): MUHAMMADU BUHARI, Nigerian President STORYLINE: Nigerian President Muhammadu Buhari on Tuesday urged more vigilance and tightening of security around borders, drawing attention to the increased number of arms, ammunition, and other weapons in the Lake Chad Basin. Speaking at the 16th Summit of Heads of State and Government of the Lake Chad Basin Commission (LCBC) in the Nigerian capital Abuja, Buhari, who is also chairman of the summit of heads of state and government, said the threat by terrorists in the region had been relatively brought under control, while the influx of weapons poses

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Wheat prices up again due to tighter supplies in U.S.: FAO

STORY: Wheat prices up again due to tighter supplies in U.S.: FAO DATELINE: Nov. 6, 2022 LENGTH: 00:01:36 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of the Rome-based United Nations Food and Agriculture Organization 2. various of farmland 3. various of wheat products and supermarket STORYLINE: World wheat prices rose by 3.2 percent in October partially due to tighter supplies from the U.S. following a downward production revision, the Rome-based United Nations Food and Agriculture Organization's (FAO) Food Price Index showed on Friday. The index was unchanged from September after six consecutive months of decline. The grains and cereals sub-index rose by 3 percent, building on a 2.2 percent increase a month earlier. The FAO explained this by "continuing uncertainties" about a program that allows Ukraine to safely export wheat from its Black Sea ports due to its conflict with Russia. Lower production levels in the United States were also a factor, it said. Corn prices rose by 4.3 percent, refl

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NEW ZEALAND-CHRISTCHURCH-REWI ALLEY-SYMPOSIUM

NEW ZEALAND-CHRISTCHURCH-REWI ALLEY-SYMPOSIUM

(221021) -- CHRISTCHURCH, Oct. 21, 2022 (Xinhua) -- Chinese Ambassador to New Zealand Wang Xiaolong addresses a symposium to commemorate Rewi Alley's spirit and celebrate the 50th anniversary of the diplomatic ties between China and New Zealand, in Christchurch, New Zealand, Oct. 20, 2022. An old friend of the Chinese people, Rewi Alley, a New Zealand-born writer, social reformer and educator, had spent 60 years living and working in China before he died in 1987 in Beijing. He was the one who opened the door for New Zealand-China diplomatic ties. TO GO WITH "Feature: Rewi Alley's enduring legacy to help forge ever-tighter China-New Zealand link" (Photo by Kevin Zeng/Xinhua)

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NEW ZEALAND-CHRISTCHURCH-REWI ALLEY-SYMPOSIUM

NEW ZEALAND-CHRISTCHURCH-REWI ALLEY-SYMPOSIUM

(221021) -- CHRISTCHURCH, Oct. 21, 2022 (Xinhua) -- Chinese Ambassador to New Zealand Wang Xiaolong (L) and David Carter (R), former speaker of the New Zealand Parliament, visit a photo exhibition of Rewi Alley during a symposium to commemorate Alley's spirit and celebrate the 50th anniversary of the diplomatic ties between China and New Zealand, in Christchurch, New Zealand, Oct. 20, 2022. An old friend of the Chinese people, Rewi Alley, a New Zealand-born writer, social reformer and educator, had spent 60 years living and working in China before he died in 1987 in Beijing. He was the one who opened the door for New Zealand-China diplomatic ties. TO GO WITH "Feature: Rewi Alley's enduring legacy to help forge ever-tighter China-New Zealand link" (Photo by Kevin Zeng/Xinhua)

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Malaysian ringgit movements continue to be market determined: central bank

STORY: Malaysian ringgit movements continue to be market determined: central bank DATELINE: Sept. 24, 2022 LENGTH: 00:01:33 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. Malaysia's national flag 2. various of aerial views of Kuala Lumpur 3. various of Bank Negara Malaysia (the Central Bank of Malaysia) 4. various of bank notes counting machines and interior of investment bank STORYLINE: The Malaysian Central Bank said on Friday that Malaysian ringgit movements will continue to be market determined. Bank Negara Malaysia (BNM) said in a statement that the bank continues to closely monitor and ensure orderly financial market conditions amidst external developments that have led to persistent strength in the U.S. dollar against almost all currencies, including the ringgit. The dollar has strengthened significantly due to aggressive monetary policy tightening in the United States, it added. It also said that tighter global financial conditions and higher volatility in the foreign exchange markets are

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IMF cuts 2022 global growth forecast to 3.2 pct, warns of downside risks

STORY: IMF cuts 2022 global growth forecast to 3.2 pct, warns of downside risks DATELINE: July 27, 2022 LENGTH: 00:00:42 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference 2. exterior view of the IMF headquarters in Washington D.C. STORYLINE: The International Monetary Fund (IMF) on Tuesday slashed the global growth forecast for 2022 to 3.2 percent, down by 0.4 percentage point from the April projection, according to its newly released update to the World Economic Outlook (WEO). Several shocks have hit the world economy already weakened by the COVID-19 pandemic, including higher-than-expected inflation worldwide -- especially in the United States and major European economies -- triggering tighter financial conditions, and further negative spillovers from the Ukrainian crisis, the WEO update said. According to the WEO update, global inflation has been revised up due to food and energy prices, and is anticipated to reach 6.6 percent in advanced economies and 9.5 per

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Tighter anti-COVID steps in Beijing

Tighter anti-COVID steps in Beijing

People take a PCR test in Beijing on May 21, 2022, as authorities announce tighter measures against COVID-19.

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Tighter anti-COVID steps in Beijing

Tighter anti-COVID steps in Beijing

People line up to take a PCR test in Beijing on May 21, 2022, as authorities announce tighter measures against COVID-19.

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Tighter anti-COVID steps in Beijing

Tighter anti-COVID steps in Beijing

Buses are parked at a parking space in Beijing on May 21, 2022, as their operations are suspended following authorities' announcement of tighter measures against COVID-19.

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Tighter anti-COVID steps in Beijing

Tighter anti-COVID steps in Beijing

Traffic is quiet on a road in Beijing on May 21, 2022, as authorities announce tighter measures against COVID-19.

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Tighter security in Tokyo ahead of "Quad" summit

Tighter security in Tokyo ahead of "Quad" summit

A police officer patrols at Tokyo's Haneda airport on May 21, 2022, ahead of a summit in the Japanese capital on May 24 of the "Quad" group of Indo-Pacific democracies -- the United States, Japan, Australia and India.

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Tighter security in Tokyo ahead of "Quad" summit

Tighter security in Tokyo ahead of "Quad" summit

A police officer patrols at Tokyo's Haneda airport on May 21, 2022, ahead of a summit in the Japanese capital on May 24 of the "Quad" group of Indo-Pacific democracies -- the United States, Japan, Australia and India.

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Tighter security in Tokyo ahead of "Quad" summit

Tighter security in Tokyo ahead of "Quad" summit

A police officer patrols at Tokyo's Haneda airport on May 21, 2022, ahead of a summit in the Japanese capital on May 24 of the "Quad" group of Indo-Pacific democracies -- the United States, Japan, Australia and India.

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Tighter security in Tokyo ahead of "Quad" summit

Tighter security in Tokyo ahead of "Quad" summit

A police officer conducts vehicle checkouts near the U.S. Embassy in Tokyo on May 21, 2022, ahead of a summit in the Japanese capital on May 24 of the "Quad" group of Indo-Pacific democracies -- the United States, Japan, Australia and India.

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Tighter security in Tokyo ahead of "Quad" summit

Tighter security in Tokyo ahead of "Quad" summit

Police officers patrol near the State Guest House in Tokyo on May 21, 2022, ahead of a summit in the Japanese capital on May 24 of the "Quad" group of Indo-Pacific democracies -- the United States, Japan, Australia and India.

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