CHINA-INNER MONGOLIA-ULAN MOD GRASSLAND-HERDSMAN-SUMMER LIFE(CN)

CHINA-INNER MONGOLIA-ULAN MOD GRASSLAND-HERDSMAN-SUMMER LIFE(CN)

(230730) -- HINGGAN LEAGUE, July 30, 2023 (Xinhua) -- Uu Sodo(R) helps a tourist to ride a horse in Horqin Right Wing Front Banner, Hinggan League, north China's Inner Mongolia Autonomous Region, July 25, 2023. Uu Sodo, a herdsman, and his family reside in a village on the Ulan Mod grassland, located in Horqin Right Wing Front Banner, Hinggan League of north China's Inner Mongolia Autonomous Region. Earlier this year, Uu Sodo established a "herdsman house hostel", offering guests the opportunity to try horse riding, archery, savor milk tea and mutton, and appreciate the stunning Ulan Mod landscapes. His son, Uu Surleg, joined him during the summer, serving food, guiding horses, and playing the Morin Khuur, a traditional Mongolian bowed string instrument featuring a horse-head carving at its top, for visitors. This year, Hinggan League organized a college student tourism festival and funded ten herdsman tourism projects, including Uu Sodo's hostel, as part of an investment support initiative. This financia

Egypt's central bank maintains key interest rates

STORY: Egypt's central bank maintains key interest rates DATELINE: Sept. 23, 2022 LENGTH: 00:00:56 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of cash counting 3. various of a supermarket 4. shot of people withdrawing money from ATMs STORYLINE: Contradicting all expectations, the Central Bank of Egypt (CBE) maintained on Thursday key interest rates for the third time since the initial hike following the start of the Russia-Ukraine conflict in late February. The CBE kept the overnight deposit rate, overnight lending rate and the rate of the main operation unchanged at 11.25 percent, 12.25 percent, and 11.75 percent, respectively. The discount rate was also kept unchanged at 11.75 percent. On the other hand, the CBE raised the required reserve ratio to 18 percent, up from 14 percent. Globally, the CBE said forecasts for global economic activity have been dampened due to the impacts of the conflict between Russia and Ukraine. It added the global financia