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Tokyo consumer inflation accelerates in May

STORY: Tokyo consumer inflation accelerates in May SHOOTING TIME: recent footage DATELINE: June 3, 2024 LENGTH: 00:00:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a year earlier, accelerating from a 1.6 percent rise in April, according to the internal affairs ministry. Seen as a leading indicator of nationwide trends in Japan, the Tokyo data released on Friday stood below the Bank of Japan's 2-percent target. The acceleration was largely pushed up by utility costs related to renewable energy promotion, as electricity bills increased for the first time in 16 months by rising 13.1 percent year on year. Meanwhile, prices of food excluding fresh items rose 3.2 percent, unchanged from the previous month. Xinhua News Agency correspondent

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Xinhua Headlines: China-Arab states cooperation accelerates building of community with shared future

(240531) -- BEIJING, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Guests learn about a clean energy project at the sixth China-Arab States Expo in Yinchuan, northwest China's Ningxia Hui Autonomous Region, Sept. 22, 2023. Photo by Xinhua/ABACAPRESS.COM/Wang Haizhou)

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Xinhua Headlines: China-Arab states cooperation accelerates building of community with shared future

(240531) -- BEIJING, May 31, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Iranian Deputy Foreign Minister Alireza Bigdeli (Front) and Saudi Deputy Minister of Foreign Affairs for Consular Affairs Ali Al-Yousef (C) attend a ribbon cutting at the opening ceremony of the Iranian embassy in Riyadh, Saudi Arabia, on June 6, 2023. Photo by Xinhua/ABACAPRESS.COM/Wang Haizhou)

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Xinhua Headlines: China-Arab states cooperation accelerates building of community with shared future

(240531) -- BEIJING, May 31, 2024 (Xinhua) -- Iranian Deputy Foreign Minister Alireza Bigdeli (Front) and Saudi Deputy Minister of Foreign Affairs for Consular Affairs Ali Al-Yousef (C) attend a ribbon cutting at the opening ceremony of the Iranian embassy in Riyadh, Saudi Arabia, on June 6, 2023. (Xinhua/Wang Haizhou)

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Xinhua Headlines: China-Arab states cooperation accelerates building of community with shared future

(240531) -- BEIJING, May 31, 2024 (Xinhua) -- Guests learn about a clean energy project at the sixth China-Arab States Expo in Yinchuan, northwest China's Ningxia Hui Autonomous Region, Sept. 22, 2023. (Xinhua/Wang Haizhou)

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CHINA-ANHUI-HEFEI-VOLKSWAGEN-CITY TEST TRACK (CN)

(240516) -- HEFEI, May 16, 2024 (Xinhua) -- This photo taken on May 16, 2024 shows the city test track of Volkswagen China Technology Company (VCTC) in Hefei, east China's Anhui Province. VCTC launched the city test track Thursday in Hefei City, capital of east China's Anhui Province. The track focuses on performance testing and function validations of intelligent connected vehicles, standing as the first of its kind within the Volkswagen Group in China. Covering an area of 200,000 square meters, the track enables real-time testing and adjustments of the vehicle, and accelerates the iteration speed of software and hardware application development. (Xinhua/Zhang Duan)

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CHINA-ANHUI-HEFEI-VOLKSWAGEN-CITY TEST TRACK (CN)

(240516) -- HEFEI, May 16, 2024 (Xinhua) -- An aerial drone photo taken on May 16, 2024 shows the city test track of Volkswagen China Technology Company (VCTC) in Hefei, east China's Anhui Province. VCTC launched the city test track Thursday in Hefei City, capital of east China's Anhui Province. The track focuses on performance testing and function validations of intelligent connected vehicles, standing as the first of its kind within the Volkswagen Group in China. Covering an area of 200,000 square meters, the track enables real-time testing and adjustments of the vehicle, and accelerates the iteration speed of software and hardware application development. (Xinhua)

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CHINA-ANHUI-HEFEI-VOLKSWAGEN-CITY TEST TRACK (CN)

(240516) -- HEFEI, May 16, 2024 (Xinhua) -- An aerial drone photo taken on May 16, 2024 shows the city test track of Volkswagen China Technology Company (VCTC) in Hefei, east China's Anhui Province. VCTC launched the city test track Thursday in Hefei City, capital of east China's Anhui Province. The track focuses on performance testing and function validations of intelligent connected vehicles, standing as the first of its kind within the Volkswagen Group in China. Covering an area of 200,000 square meters, the track enables real-time testing and adjustments of the vehicle, and accelerates the iteration speed of software and hardware application development. (Xinhua)

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U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure

STORY: U.S. CPI accelerates to 3.5 pct in March amid continued inflation pressure SHOOTING TIME: Recent footage DATELINE: April 11, 2024 LENGTH: 0:01:18 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. Labor Department 2. various of a grocery store STORYLINE: U.S. consumer inflation in March sped up to 3.5 percent from a year ago, after ticking up to 3.2 percent in February, indicating continued inflation pressure, the U.S. Labor Department reported Wednesday. The Consumer Price Index (CPI) increased 0.4 percent in March on a seasonally adjusted basis, the same increase as in February. The index for shelter rose in March, as did the index for gasoline. Combined, these two indexes contributed over half of the monthly increase in the index for all items. The latest inflation report showed that the so-called core CPI, which excludes food and energy, increased 0.4 percent in March, as it did in January and February, after edging up 0.3 percent in December. Core CPI rose 3

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U.S. CPI accelerates to 3.2 percent in February amid continued inflation pressure

STORY: U.S. CPI accelerates to 3.2 percent in February amid continued inflation pressure SHOOTING TIME: March 12, 2024, File DATELINE: March 13, 2024 LENGTH: 00:01:40 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of the U.S. Labor Department (November 4, 2023) 2. various of a grocery store in Arlington, U.S. state of Virginia (March 12, 2024) STORYLINE: U.S. consumer inflation in February sped up to 3.2 percent from a year ago, after slowing to 3.1 percent in January, indicating continued inflation pressure, the U.S. Labor Department reported Tuesday. The Consumer Price Index (CPI) increased 0.4 percent in February on a seasonally adjusted basis, after rising 0.3 percent in January, according to the department's Bureau of Labor Statistics. The index for shelter rose in February, as did the index for gasoline. Combined, these two indexes contributed over 60 percent of the monthly increase in the index for all items, the report showed. The energy index rose 2.3 percent over t

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1st freight train leaves China's Xiushan towards Moscow

STORY: 1st freight train leaves China's Xiushan towards Moscow SHOOTING TIME: Feb. 28, 2024 DATELINE: Feb. 29, 2024 LENGTH: 0:00:44 LOCATION: CHONGQING, China CATEGORY: ECONOMY SHOTLIST: 1. various of departure STORYLINE: A freight train named "Wulingshan" departed from Xiushan Station, southwest China's Chongqing on Wednesday. It marked the first freight train setting off from the southeastern region of Chongqing via China-Europe Railway Express (CRE). Loaded with commodities such as hand-made lanterns, the train will arrive in Moscow via Horgos, China's Xinjiang. It accelerates the cooperation between the neighboring regions of Chongqing, Hubei, Hunan and Guizhou with Europe, injecting impetus into regional economic development. Xinhua News Agency correspondents reporting from Chongqing, China. (XHTV)

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MALAYSIA-KUALA LUMPUR-CHINA-PROTON-NEW SUV LAUNCH

(230508) -- KUALA LUMPUR, May 8, 2023 (Xinhua) -- Guests pose for photos at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV), in Kuala Lumpur, Malaysia, May 7, 2023. The continued partnership and close collaboration between Malaysian national carmaker Proton and China's Geely are of strategic importance, Malaysian Prime Minister Anwar Ibrahim said on Sunday. The collaboration accelerates the adoption of electric vehicles (EV) and hybrid electric vehicles (HEV) as well as the supporting ecosystem for these new vehicles, and by extension creates thousands of skilled jobs and investment into the country, Anwar said at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV). (Xinhua/Zhu Wei)

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MALAYSIA-KUALA LUMPUR-CHINA-PROTON-NEW SUV LAUNCH

(230508) -- KUALA LUMPUR, May 8, 2023 (Xinhua) -- Malaysian Prime Minister Anwar Ibrahim (4th R), chairman of Geely Holding Group Li Shufu (3rd R) and guests pose for photos at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV), in Kuala Lumpur, Malaysia, May 7, 2023. The continued partnership and close collaboration between Malaysian national carmaker Proton and China's Geely are of strategic importance, Malaysian Prime Minister Anwar Ibrahim said on Sunday. The collaboration accelerates the adoption of electric vehicles (EV) and hybrid electric vehicles (HEV) as well as the supporting ecosystem for these new vehicles, and by extension creates thousands of skilled jobs and investment into the country, Anwar said at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV). (Xinhua/Zhu Wei)

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MALAYSIA-KUALA LUMPUR-CHINA-PROTON-NEW SUV LAUNCH

(230508) -- KUALA LUMPUR, May 8, 2023 (Xinhua) -- Malaysian Prime Minister Anwar Ibrahim (C), chairman of Geely Holding Group Li Shufu (5th R) and guests pose for photos at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV), in Kuala Lumpur, Malaysia, May 7, 2023. The continued partnership and close collaboration between Malaysian national carmaker Proton and China's Geely are of strategic importance, Malaysian Prime Minister Anwar Ibrahim said on Sunday. The collaboration accelerates the adoption of electric vehicles (EV) and hybrid electric vehicles (HEV) as well as the supporting ecosystem for these new vehicles, and by extension creates thousands of skilled jobs and investment into the country, Anwar said at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV). (Xinhua/Zhu Wei)

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MALAYSIA-KUALA LUMPUR-CHINA-PROTON-NEW SUV LAUNCH

(230508) -- KUALA LUMPUR, May 8, 2023 (Xinhua) -- Malaysian Prime Minister Anwar Ibrahim speaks at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV), in Kuala Lumpur, Malaysia, May 7, 2023. The continued partnership and close collaboration between Malaysian national carmaker Proton and China's Geely are of strategic importance, Malaysian Prime Minister Anwar Ibrahim said on Sunday. The collaboration accelerates the adoption of electric vehicles (EV) and hybrid electric vehicles (HEV) as well as the supporting ecosystem for these new vehicles, and by extension creates thousands of skilled jobs and investment into the country, Anwar said at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV). (Xinhua/Zhu Wei)

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MALAYSIA-KUALA LUMPUR-CHINA-PROTON-NEW SUV LAUNCH

(230508) -- KUALA LUMPUR, May 8, 2023 (Xinhua) -- Proton's newest model, the Proton X90 sports utility vehicle (SUV), is officially launched in Kuala Lumpur, Malaysia, May 7, 2023. The continued partnership and close collaboration between Malaysian national carmaker Proton and China's Geely are of strategic importance, Malaysian Prime Minister Anwar Ibrahim said on Sunday. The collaboration accelerates the adoption of electric vehicles (EV) and hybrid electric vehicles (HEV) as well as the supporting ecosystem for these new vehicles, and by extension creates thousands of skilled jobs and investment into the country, Anwar said at the official launch of Proton's newest model, the Proton X90 sports utility vehicle (SUV). (Xinhua/Zhu Wei)

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MALAYSIA-KUALA LUMPUR-UNIVERSITI MALAYA-CHINESE LUNAR NEW YEAR-CELEBRATION

(240119) -- KUALA LUMPUR, Jan. 19, 2024 (Xinhua) -- Students participate in the Chinese Lunar New Year celebration at Universiti Malaya in Kuala Lumpur, Malaysia, Jan. 17, 2024. Close collaboration with China accelerates internationalization of Malaysia's higher education and promotes sustainable economic and social development, a Malaysian educator said on Wednesday. (Xinhua/Cheng Yiheng)

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MALAYSIA-KUALA LUMPUR-UNIVERSITI MALAYA-CHINESE LUNAR NEW YEAR-CELEBRATION

(240119) -- KUALA LUMPUR, Jan. 19, 2024 (Xinhua) -- Students perform during the Chinese Lunar New Year celebration at Universiti Malaya in Kuala Lumpur, Malaysia, Jan. 17, 2024. Close collaboration with China accelerates internationalization of Malaysia's higher education and promotes sustainable economic and social development, a Malaysian educator said on Wednesday. (Xinhua/Cheng Yiheng)

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MALAYSIA-KUALA LUMPUR-UNIVERSITI MALAYA-CHINESE LUNAR NEW YEAR-CELEBRATION

(240119) -- KUALA LUMPUR, Jan. 19, 2024 (Xinhua) -- A student poses for photos during the Chinese Lunar New Year celebration at Universiti Malaya in Kuala Lumpur, Malaysia, Jan. 17, 2024. Close collaboration with China accelerates internationalization of Malaysia's higher education and promotes sustainable economic and social development, a Malaysian educator said on Wednesday. (Xinhua/Cheng Yiheng)

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MALAYSIA-KUALA LUMPUR-UNIVERSITI MALAYA-CHINESE LUNAR NEW YEAR-CELEBRATION

(240119) -- KUALA LUMPUR, Jan. 19, 2024 (Xinhua) -- Students sign their name on a scroll during the Chinese Lunar New Year celebration at Universiti Malaya in Kuala Lumpur, Malaysia, Jan. 17, 2024. Close collaboration with China accelerates internationalization of Malaysia's higher education and promotes sustainable economic and social development, a Malaysian educator said on Wednesday. (Xinhua/Cheng Yiheng)

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MALAYSIA-KUALA LUMPUR-UNIVERSITI MALAYA-CHINESE LUNAR NEW YEAR-CELEBRATION

(240119) -- KUALA LUMPUR, Jan. 19, 2024 (Xinhua) -- Students make preparation for performances of the Chinese Lunar New Year celebration at Universiti Malaya in Kuala Lumpur, Malaysia, Jan. 17, 2024. Close collaboration with China accelerates internationalization of Malaysia's higher education and promotes sustainable economic and social development, a Malaysian educator said on Wednesday. (Xinhua/Cheng Yiheng)

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Collaboration with China accelerates internationalization of education: Malaysian educator

STORY: Collaboration with China accelerates internationalization of education: Malaysian educator SHOOTING TIME: Jan. 17, 2024 DATELINE: Jan. 18, 2024 LENGTH: 00:01:21 LOCATION: Kuala Lumpur CATEGORY: CULTURE SHOTLIST: 1. various of the event 2. SOUNDBITE (English): ZHAO WANZHEN, China's director of the Kong Zi Institute at Universiti Malaya STORYLINE: Close collaboration with China accelerates the internationalization of Malaysia's higher education and promotes sustainable economic and social development, a Malaysian educator said on Wednesday. In his welcoming speech for the Chinese Lunar New Year celebration program held by the Kong Zi Institute at Universiti Malaya, vice-chancellor of Universiti Malaya Noor Azuan Abu Osman said a key thrust of the country's higher education roadmap is to attract global talents and foster a diverse learning environment. "These include increasing the number of international students, promoting exchange programs and establishing partnerships with renowned foreign instit

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U.S. CPI accelerates to 3.4 pct in December amid rising shelter, energy prices

STORY: U.S. CPI accelerates to 3.4 pct in December amid rising shelter, energy prices SHOOTING TIME: Jan. 11, 2024 DATELINE: Jan. 12, 2024 LENGTH: 00:01:54 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of U.S. Labor Department (Nov. 4, 2023) 2. various of a grocery store in Arlington, the U.S. state of Virginia 3. various of a gas station in Arlington, the U.S. state of Virginia STORYLINE: U.S. consumer inflation in December 2023 accelerated to 3.4 percent from a year ago, after dropping to 3.1 percent in the previous month, amid rising shelter and energy prices, the U.S. Labor Department reported Thursday. The Consumer Price Index (CPI) increased 0.3 percent in December on a seasonally adjusted basis, after rising 0.1 percent in November, according to the department's Bureau of Labor Statistics. The index for shelter continued to rise in December, contributing over half of the monthly all-items increase. The energy index rose 0.4 percent over the month as increases in the electr

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China accelerates development of county-level medical consortia

STORY: China accelerates development of county-level medical consortia SHOOTING TIME: Recent footage DATELINE: Jan. 3, 2024 LENGTH: 0:00:45 LOCATION: Beijing CATEGORY: HEALTH SHOTLIST: 1. various of medical and health institutions in China STORYLINE: The Chinese government has released a comprehensive set of guidelines to expedite the development of closely integrated medical and health consortia at the county level, with the intent of enhancing grassroots medical services. The document was issued by 10 government agencies, including the National Health Commission (NHC). It outlines the establishment of these consortia, led by county-level hospitals and comprising various medical and health institutions at the county, township, and community levels. Recognizing the pivotal role of county-level medical consortia in the ongoing healthcare reform in China, the document emphasizes their significance in addressing deficiencies in grassroots medical services while meeting the public's expectations for local

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Xinhua Headlines: Xinhua's top 10 world news events in 2023

(231230) -- BEIJING, Dec. 30, 2023 (Xinhua) -- An attendee walks past a billboard of AI Safety Summit in Bletchley Park, Britain, Nov. 2, 2023. A global summit on artificial intelligence (AI) safety was held at Bletchley Park on Nov. 1 to 2. The Chinese delegation attending the summit participated in discussions on AI safety and other issues, promoted China's Global Artificial Intelligence Governance Initiative, and carried out bilateral talks with relevant countries. Top 10 world news events in 2023 1. Generative AI accelerates industrial transformation The number of monthly active users of ChatGPT, an artificial intelligence (AI) chatbot, reached 100 million in January. Generative AI represented by ChatGPT is developing rapidly, and this revolutionary tool excels in solving tasks such as content creation. Tech giants from multiple countries are competing to pour investment into AI research and development and accelerate the integration of their products with AI applications. As an important driving

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China, like-minded countries call for better social security systems for aged population

STORY: China, like-minded countries call for better social security systems for aged population DATELINE: Oct. 5, 2023 LENGTH: 00:00:50 LOCATION: GENEVA, Switzerland CATEGORY: POLITICS SHOTLIST: 1. various of the 54th session of the United Nations (UN) Human Rights Council 2. SOUNDBITE (Chinese): CHEN XU, Head of the Chinese Mission to the United Nations (UN) at Geneva 3. various of Palace of Nations STORYLINE: China on Wednesday delivered a joint statement on behalf of some 80 countries at the 54th session of the United Nations (UN) Human Rights Council, calling for better social security systems for the aged population. SOUNDBITE (Chinese): CHEN XU, Head of the Chinese Mission to the United Nations (UN) at Geneva "As population aging accelerates around the world, inadequacies in our social support systems are becoming more prominent, including sustainability of social security policy, regional disparity of old-age care and support, and age-based discrimination against older persons." "The right to

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris (rue de Courcelles), France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

Panoramic view from with buildings (flats) and the Eiffel Tower (Tour Eiffel) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flat. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris (rue de Courcelles), France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

Panoramic view from Montmartre with buildings (flats) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flat. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

Streets with the Eiffel Tower (Tour Eiffel) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

Panoramic view from Montmartre with buildings (flats) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flat. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

Panoramic view from with buildings (flats) and the Eiffel Tower (Tour Eiffel) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flat. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) with the Eiffel Tower (Tour Eiffel) in the background in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM

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Illustration Real Estate - Paris

A Hausmann-style building (flat) in Paris, France on July, 16, 2023. The fall in property prices accelerates in the french capital. In July 2023, notaires are forecasting a 5% annual fall in prices for flats. Sales of existing homes in the Paris region fell by 22 % year-on-year in the first quarter of 2023. Photo by Victor Joly/ABACAPRESS.COM