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Cost of living relief for all Australians to drive down inflation: PM

STORY: Cost of living relief for all Australians to drive down inflation: PM SHOOTING TIME: May 15, 2024 DATELINE: May 17, 2024 LENGTH: 00:01:20 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Parliament of Australia 2. various of Canberra street views 3. various of utility pole STORYLINE: Australian Prime Minister Anthony Albanese has defended his government's decision to offer every Australian, including high earners, cost of living relief. Under the federal budget for 2024-25, which was handed down by Treasurer Jim Chalmers on Tuesday night, every Australian will receive a tax cut from July and every household an energy bill rebate worth 300 Australian dollars (198.7 U.S. dollars) regardless of their income. Asked on Wednesday why the energy discount was not targeted to help only those in need of financial help, Albanese said offering it to every household would deliver cost of living relief and put downward pressure on inflation. "We want to make sure that every Australian gets

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Death, destruction and displacement as heavy rains hit Kenya

STORY: Death, destruction and displacement as heavy rains hit Kenya SHOOTING TIME: April 24, 2024 DATELINE: April 25, 2024 LENGTH: 0:01:39 LOCATION: Nairobi CATEGORY: SOCIETY/ENVIRONMENT SHOTLIST: 1. various of destruction brought by floods 2. various of Nairobi officials assessing the disaster situation 3. various of floods in Nairobi STORYLINE: Kenya is experiencing heavy rains that have disrupted normal business across the East African country, resulting in the loss of more than 38 lives and the destruction of property. In the Kenyan capital of Nairobi, at least one person was killed and six people were missing in the Mathare slums on Wednesday following an overnight downpour. Residents of this informal settlement, mostly low-income earners, found themselves stranded in their homes due to severe flooding. In other parts of the capital, residents also woke up to flooded homes and businesses, impassable roads, and downed trees after a night of heavy rains. Some areas were cut off from the city due to s

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Nepali karate players expecting high of Hangzhou Asian Games

STORY: Nepali karate players expecting high of Hangzhou Asian Games DATELINE: Sept. 5, 2023 LENGTH: 00:02:06 LOCATION: Kathmandu CATEGORY: SPORTS SHOTLIST: 1. various of the training 2. SOUNDBITE 1 (English): YUBRAJ LAMA, President of Nepal Karate Federation 3. various of the training 4. SOUNDBITE 2 (English): YUBRAJ LAMA, President of Nepal Karate Federation STORYLINE: Biplov Lal Shrestha and his teammates have been practicing hard these days, as the Nepali karate athletes are aiming for medals at the 19th Asian Games to be held in Hangzhou, China in less than three weeks. Nepal's National Sports Council has reportedly listed taekwondo, karate and boxing as potential medal-earners at the Hangzhou Asian Games, while Shrestha himself was a gold medallist at the 2019 South Asian Games. "I'm going to Hangzhou with high spirits and compete fiercely and win a medal for my country," said Shrestha. Nepal has never won a gold medal at past Asian Games, but secured silver twice and 22 bronzes. In the 2018 Asian

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Greece increases minimum monthly wage

STORY: Greece increases minimum monthly wage DATELINE: March 18, 2023 LENGTH: 00:00:52 LOCATION: Athens CATEGORY: SOCIETY SHOTLIST: 1. various of Greek Prime Minister Kyriakos Mitsotakis 2. various of workers at a fertilizer factory 3. various of workers at food hypermarket 4. SOUNDBITE (Greek): KYRIAKOS MITSOTAKIS, Greek Prime Minister STORYLINE: The minimum monthly wage in Greece will be increased to 780 euros (830 U.S. dollars) as of April 1 this year, Prime Minister Kyriakos Mitsotakis said in Athens Friday. This is the third time in three years the minimum wage is increased, he said. In 2019, the minimum monthly wage in the country was 650 euros. The approximately 600,000 low-income earners will still be struggling due to the inflationary pressures of recent months. However, this is the best possible the government could do and Greek enterprises could afford, he said. (1 euro= 1.06 U.S. dollars) SOUNDBITE (Greek): KYRIAKOS MITSOTAKIS, Greek Prime Minister "I have no illusions. I know, we know, that

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TÜRKIYE-ANKARA-NEW YEAR-PAY HIKES

(230112) -- ANKARA, Jan. 12, 2023 (Xinhua) -- A staff member works at a gas station in Ankara, Türkiye, on Jan. 11, 2023. Türkiye has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship. TO GO WITH "Roundup: Türkiye enters new year with pay hikes but falling living standards" (Photo by Mustafa Kaya/Xinhua)

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TÜRKIYE-ANKARA-NEW YEAR-PAY HIKES

(230112) -- ANKARA, Jan. 12, 2023 (Xinhua) -- Customers shop at a market in Ankara, Türkiye, on Jan. 11, 2023. Türkiye has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship. TO GO WITH "Roundup: Türkiye enters new year with pay hikes but falling living standards" (Photo by Mustafa Kaya/Xinhua)

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TÜRKIYE-ANKARA-NEW YEAR-PAY HIKES

(230112) -- ANKARA, Jan. 12, 2023 (Xinhua) -- A staff member refuels a vehicle at a gas station in Ankara, Türkiye, on Jan. 11, 2023. Türkiye has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship. TO GO WITH "Roundup: Türkiye enters new year with pay hikes but falling living standards" (Photo by Mustafa Kaya/Xinhua)

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Türkiye enters new year with pay hikes but falling living standards

STORY: Türkiye enters new year with pay hikes but falling living standards DATELINE: Jan. 12, 2023 LENGTH: 00:03:30 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. people at ATMs and shops in Türkiye 2. people in different kind of bazaars in Türkiye 3. SOUNDBITE 1 (Turkish): NIHAT BASARAN, Veteran 4. SOUNDBITE 2 (Turkish): ADEM CAM, Pensioner STORYLINE: Türkiye has ushered in the new year with significant pay hikes for minimum-wage earners, pensioners, and civil servants amid a cost-of-living crisis that has plunged millions into financial hardship. Inflation remains alarmingly high despite a sharp drop to 64.2 percent in December, the Turkish Statistical Institute announced on Jan. 3, down from 84.3 percent reported in November after hitting a 24-year high in October. Annual food prices rose by 77.9 percent in December, down from 102.6 percent in November, while energy prices increased 118 percent, down from 94.4 percent compared to the previous month. The government announced a 55-percent increase in

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Kabul

KABUL, Afghanistan - Photo shows an area where refugees live in Kabul, the capital of Afghanistan, on July 8, 2012. A new apartment building for middle-income earners is seen in the background to the right.

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Tiger's Kanemoto takes salary cut

KOSHIEN, Japan - Hanshin Tigers outfielder Tomoaki Kanemoto gives a press conference at the baseball club's office in Nishinomiya on Jan. 22, 2010. The 41-year-old remained one of the highest earners in Japanese baseball despite his salary being cut by 100 million yen to 450 million yen for the 2010 season.

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Tiger's Kanemoto takes salary cut

KOSHIEN, Japan - Hanshin Tigers outfielder Tomoaki Kanemoto wraps up a press conference at the baseball club's office in Nishinomiya on Jan. 22, 2010. The 41-year-old remained one of the highest earners in Japanese baseball despite his salary being cut by 100 million yen to 450 million yen for the 2010 season.

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Professors receive money from students for reviewing doctoral theses

TOKYO, Japan - Photo taken Feb. 4 shows Tokyo Medical University in Tokyo's Shinjuku Ward. Thirty-three professors in the university involved in reviewing doctoral theses received money from degree earners between the 2005 and 2007 academic years, the education ministry and other sources said the same day.

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Gov't not to set income cap for cash benefit plan

TOKYO, Japan - Japanese Economic and Fiscal Policy Minister Kaoru Yosano speaks during a news conference in Tokyo on Nov. 11. Yosano said he is compiling a draft for a cash benefit program under the government's new economic stimulus package in line with Prime Minister Taro Aso's call on high-income earners to decline benefits.

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Türkiye's middle class struggles amidst inflation, stagnant wages

STORY: Türkiye's middle class struggles amidst inflation, stagnant wages DATELINE: Dec. 11, 2022 LENGTH: 00:01:31 LOCATION: Ankara CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of street view in Türkiye 2. SOUNDBITE 1 (Turkish): ILKER YAGCI, Turkish banker 3. various of stores in Türkiye 4. SOUNDBITE 2 (Turkish): KOKSAL KUTUKALIOGLU, Former private company owner in Türkiye STORYLINE: The Turkish middle class may also be among those affected by the country's challenging economic conditions. Many are struggling to make ends meet amid high inflation, stagnant wages, and declining purchasing power. Shopping habits have changed, with fewer people dining at restaurants, going for weekend family outings, or buying cars or home appliances merely for an upgrade. SOUNDBITE 1 (Turkish): ILKER YAGCI, Turkish banker "There's no such thing left as the middle class anymore. Wages have eroded against the high cost of living. Türkiye has turned into a country of minimum wage earners. As the Turkish economy is deeply li

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Scene from Sao Paulo, Brazil

People wait in line at a restaurant targeting low-income earners in Sao Paulo, Brazil, on March 30, 2022.

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Gov't not to set income cap for cash benefit plan

TOKYO, Japan - Japanese Economic and Fiscal Policy Minister Kaoru Yosano speaks during a news conference in Tokyo on Nov. 11. Yosano said he is compiling a draft for a cash benefit program under the government's new economic stimulus package in line with Prime Minister Taro Aso's call on high-income earners to decline benefits. (Kyodo)

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Professors receive money from students for reviewing doctoral the

TOKYO, Japan - Photo taken Feb. 4 shows Tokyo Medical University in Tokyo's Shinjuku Ward. Thirty-three professors in the university involved in reviewing doctoral theses received money from degree earners between the 2005 and 2007 academic years, the education ministry and other sources said the same day. (Kyodo)

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Tiger's Kanemoto takes salary cut

KOSHIEN, Japan - Hanshin Tigers outfielder Tomoaki Kanemoto wraps up a press conference at the baseball club's office in Nishinomiya on Jan. 22, 2010. The 41-year-old remained one of the highest earners in Japanese baseball despite his salary being cut by 100 million yen to 450 million yen for the 2010 season. (Kyodo)

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Tiger's Kanemoto takes salary cut

KOSHIEN, Japan - Hanshin Tigers outfielder Tomoaki Kanemoto gives a press conference at the baseball club's office in Nishinomiya on Jan. 22, 2010. The 41-year-old remained one of the highest earners in Japanese baseball despite his salary being cut by 100 million yen to 450 million yen for the 2010 season. (Kyodo)