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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Ontario Minister of Economic Development Vic Fedeli helps a Goodyear employee take a photo with Premier of Ontario Doug Ford after an announcement at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Goodyear tires are seen on a conveyor belt in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Goodyear tires are seen in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

A Goodyear employee works in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Goodyear tires are seen on a conveyor belt in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Goodyear tires are seen on a conveyor belt in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Goodyear tires are seen on a rack in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Goodyear tires are seen on a conveyor belt in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

A Goodyear tire on a pedestal is seen after an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau is joined by Premier of Ontario Doug Ford, and Liberal MP Mark Gerretsen, at a question and answer session after an announcement at Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

A Goodyear employee works in the warehouse at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau takes questions after an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau, Premier of Ontario Doug Ford and political representatives pose for a group photo with Goodyear employees after an announcement at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau takes questions after an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Tires are seen on a line as Goodyear employees listen to an announcement at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau shakes hands with Goodyear employees after an announcement at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau shakes hands with Mark Stewart, Chief Executive Officer and President of Goodyear, during an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Left to right, Mark Stewart, Chief Executive Officer and President of Goodyear, left, Prime Minister Justin Trudeau, and Premier of Ontario Doug Ford arrive for an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Mark Stewart, Chief Executive Officer and President of Goodyear, speaks at an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau, speaks during an announcement at the Goodyear plant in Napanee,ON, Canada,, with Mark Stewart, Chief Executive Officer and President of Goodyear, third from left, and Premier of Ontario Doug Ford, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau shakes hands with Goodyear employees after an announcement at the plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Left to right, Mark Stewart, Chief Executive Officer and President of Goodyear, centre left, Prime Minister Justin Trudeau, and Premier of Ontario Doug Ford arrive for an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau speaks during an announcement at the Goodyear plant in Napanee,ON, Canada,, on Monday, Aug 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Trudeau Announces More Than $ 575M Goodyear Expansion Project - Canada

Prime Minister Justin Trudeau speaks during an announcement at the Goodyear plant in Napanee,ON, Canada,, with Mark Stewart, right, Chief Executive Officer and President of Goodyear, on Monday, August 12, 2024. Buoyed by up to $44.3 million in federal subsidies and another $ 20 million in provincial funding, Goodyear is expanding its Napanee factory to produce specialized tires for EVs and all-terrain vehicles. Goodyear Tire & Rubber Company said its more than $ 75-million investment will create another 200 skilled positions in Napanee, 225 kilometres east of Toronto, ballooning its workforce to 1,000 workers by 2027. Photo by Justin Tang/CP/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

People take photos of a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

People inflate a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

Hot-air balloons fly during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

Hot-air balloons are illuminated during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

A girl poses for photos in a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

People inflate a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

Hot-air balloons fly during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

Hot-air balloons are illuminated during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

People visit the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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Hot-Air Balloon Festival - Russia

People pose for photos inside a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. photo by Xinhua/Bai Xueqi/ABACAPRESS.COM

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Hot-air balloons fly during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. (Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People inflate a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People take photos of a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A participant prepares a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. (Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People visit the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A pilot inflates a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. (Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Hot-air balloons fly during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People inflate a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A girl poses for photos in a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People pose for photos inside a hot-air balloon during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Hot-air balloons are illuminated during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. Photo by Xinhua/ABACAPRESS.COM/Bai Xueqi)

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Hot-air balloons fly during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 10, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. (Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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RUSSIA-RYAZAN-BALLOONING FESTIVAL

(240811) -- MOSCOW, Aug. 11, 2024 Photo by Xinhua/ABACAPRESS.COM) -- Hot-air balloons are illuminated during the Sky of Russia hot-air balloon festival in Ryazan region, Russia, on Aug. 9, 2024. The 22nd ballooning festival "Sky of Russia" is held here from Aug. 4 to 12, and more than 30 teams are featured in the festival. (Photo by Alexander Zemlianichenko Jr/Xinhua/ABACAPRESS.COM

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Ballooning U.S. defense budget makes world less secure

STORY: Ballooning U.S. defense budget makes world less secure DATELINE: May 6, 2023 LENGTH: 00:04:28 LOCATION: Beijing CATEGORY: MILITARY SHOTLIST: 1. various of the U.S. troops 2. various of Wall Street and Silicon Valley Bank 3. SOUNDBITE 1 (Turkish): BARIS DOSTER, Academic at the Istanbul-based Marmara University 4. various of the displaced in Afghanistan and American protesters 5. SOUNDBITE 2 (English): CAT MCGUIRE, Protester 6. SOUNDBITE 3 (English): ALEX, Protester 7. SOUNDBITE 4 (Arabic): AHMED ALIIBA, Journalist of Egyptian Al-Ahram newspaper 8. various of the U.S. army 9. various of Swedish people protesting against joining the NATO 10. SOUNDBITE 5 (English): MIR MOHAMMAD ALI KHAN, Former investment banker at Wall Street 11. various of an Iraqi man showing pictures of his former house destroyed by a U.S. missile in 2005 STORYLINE: The United States remains by far the world's biggest military spender. Its military spending hit 877 billion U.S. dollars in 2022, which was 39 percent of total global

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Japan's population estimated to shrink to 87 mln by 2070

STORY: Japan's population estimated to shrink to 87 mln by 2070 DATELINE: April 27, 2023 LENGTH: 00:00:55 LOCATION: Tokyo CATEGORY: SOCIETY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Japan's population is expected to fall to 87 million by 2070, shrinking 30 percent from 2020, a government estimate showed on Wednesday. According to projections released by the National Institute of Population and Social Security Research, those aged 65 and over are predicted to account for 38.7 percent of the total population, with 33.67 million in 2070 after peaking at 39.53 million in 2043, resulting in ballooning social security costs. Foreign residents, including students and workers residing in Japan for more than three months, are set to comprise 10.8 percent of the population in 2070, hitting 9.39 million. Despite the increasing influx of foreign nationals, the working-age population, or people aged 15 to 64, is forecast to decline sharply to 45.35 million in 2070, representing a 40-percent fall from

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Japan's lower house approves record 836.9 bln USD budget for FY 2023

STORY: Japan's lower house approves record 836.9 bln USD budget for FY 2023 DATELINE: March 1, 2023 LENGTH: 00:01:11 LOCATION: Tokyo CATEGORY: ECONOMY/MILITARY SHOTLIST: 1. various of Japan's lower house of parliament 2. various of protest against the record defense spending STORYLINE: Japan's lower house of parliament on Tuesday approved a record 114.38 trillion yen (836.9 billion U.S. dollars) budget for fiscal year 2023, with record allocations made for social security costs while controversial defense spending has been factored in despite the country's grim fiscal health. A record 36.89 trillion yen (269.81 billion U.S. dollars), the largest amount ever, has been included in the budget for ballooning social security costs in a bid to deal with Japan's rapidly aging population. The government's budget also includes 6.82 trillion yen (49.88 billion U.S. dollars) in defense spending. This is part of the government's plans to bolster its defensive capabilities, with the broader five-year plan d