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Argentina's central bank hikes interest rate to 118 pct

STORY: Argentina's central bank hikes interest rate to 118 pct DATELINE: Aug. 15, 2023 LENGTH: 00:02:36 LOCATION: Buenos Aires CATEGORY: ECONOMY SHOTLIST: 1. various of markets and stores in Argentina STORYLINE: Argentina's central bank on Monday increased the benchmark interest rate by 21 percentage points to 118 percent. The move aims to anchor exchange expectations and boost positive real returns on investments in local currency, among other purposes, according to the Central Bank of the Argentine Republic (BCRA). In the face of high inflation, the central bank raised its benchmark interest rates five times this year. The BCRA will continue to monitor the evolution of the general level of prices, the dynamics of the financial and exchange markets and of the monetary aggregates for the purpose of calibrating its rate policy, it said. Xinhua News Agency correspondents reporting from Buenos Aires. (XHTV)

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China's economic recovery shows resilience

STORY: China's economic recovery shows resilience DATELINE: Aug. 14, 2023 LENGTH: 00:02:26 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of views in China 2. SOUNDBITE 1 (English): RONNIE LINS, Director of China-Brazil Center for Research and Business in Brazil 3. various of the views in China 4. SOUNDBITE 2 (English): DETLEF KRATZ, President of group research at German chemical giant BASF 5. SOUNDBITE 3 (English): COREY LINDLEY, CEO of doTERRA 6. SOUNDBITE 4 (English): BENOIT BAZIN, CEO of Saint-Gobain Group 7. various of the views in China 8. SOUNDBITE 5 (English): CARL FEY, Professor, BI Norwegian Business School STORYLINE: China's overall economic growth accelerated in the first half (H1) of this year. In late July, all 31 provincial-level regions of the Chinese mainland published their H1 GDP figures and other key economic indicators. The economic aggregates of 20 regions each exceeded one trillion yuan (about 138 billion U.S. dollars), indicating the robust resurgence and swift recover

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North America's largest construction trade show opens in U.S. Las Vegas

STORY: North America's largest construction trade show opens in U.S. Las Vegas DATELINE: March 15, 2023 LENGTH: 00:01:37 LOCATION: LAS VEGAS, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the exhibition STORYLINE: North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. More than 175 education sessions will be held during the show which runs through Saturday. Many well-known Chinese construction equipment companies have attended the show, including XCMG, Liugong Machinery, Sany Group, and Zoomlion Heavy Industry Science and Technology. Held every three years in the western U.S. city of Las Vegas, this massive event features the latest equipment advances and newest te

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- People visit the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- A visitor test drives a product of China's Sany Group at the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- People visit the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- People look at exhibits of American company Link-Belt Cranes at the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- People look at exhibits of China's Liugong Machinery at the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- A visitor test drives an product of China's Sany Group at the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- An excavator of American company Link-Belt Cranes is on display at the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- People visit the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S.-LAS VEGAS-CONEXPO-CON/AGG

(230315) -- LAS VEGAS, March 15, 2023 (Xinhua) -- People visit the 2023 CONEXPO-CON/AGG in Las Vegas, the United States, on March 14, 2023. North America's largest construction trade show opened on Tuesday in Las Vegas, showcasing the world's most advanced technologies and products in machinery and construction. The show, named CONEXPO-CON/AGG, drew over 1,800 equipment manufacturers representing products in asphalt, aggregates, concrete, earth digging equipment, lifting, mining and many others, according the organizer. (Photo by Zeng Hui/Xinhua)

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U.S. dollar usage surge draws concern in Zimbabwe as local dollar slides

STORY: U.S. dollar usage surge draws concern in Zimbabwe as local dollar slides DATELINE: Feb. 25, 2023 LENGTH: 0:01:54 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of Zimbabwe 2. SOUNDBITE 1 (English): PROSPER CHITAMBARA, Economist 3. SOUNDBITE 2 (English): CHRISTOPHER MUGAGA, Economist 4. SOUNDBITE 3 (English): DENFORD MUTASHU, President of the Confederation of Zimbabwe Retailers STORYLINE: Despite not being officially dollarized, the Zimbabwean economy has largely accepted the U.S. dollar as the medium of trade. Economists warn that the increased use of the greenback has brought challenges to the local economy. SOUNDBITE 1 (English): PROSPER CHITAMBARA, Economist "So when you are dollarized, the government is not able to fully influence macroeconomic aggregates through the monetary policy or even through the fiscal policy, so using the local currency allows us enough degrees of freedom to be able to influence macroeconomic objectives and aggregates and developments within the economy." SOU

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3D bio-printer developed by Japanese venture firm

TOKYO, Japan - A three-dimensional bio-printer developed by Cyfuse Biomedical K.K. is shown in Kyoto, western Japan, on March 5, 2014. The minute tubule at the center of the printer absorbs a block of cells and sticks it through one of needles on the pinholder-like device below. Cell aggregates thus produced are used for tissue fabrication such as for creating blood vessels.