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Ireland: Long Queues at Petrol Stations Across Country as Fuel Protests Continue

Fuel shortages spread across parts of Ireland on Thursday, April 9, as nationwide protests entered their third day, blocking access to key supply terminals including the country's only oil refinery. Long queues formed at filling stations across multiple regions, with some running out of petrol and diesel entirely. Some stations began limiting purchases as panic buying compounded the crisis triggered by rising fuel costs.

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Philippines: Commuters Stranded as Jeepney Drivers Take Day Off for Government Cash Handout

Commuters in Quezon City faced severe transportation disruptions on the morning of March 25, 2026, after large numbers of jeepney drivers took the day off to collect government cash aid amid the rising cost of fuel caused by the conflict in the Middle East. With far fewer jeepneys on the road, bus stops were overwhelmed with passengers — some estimating crowds up to ten times the usual size. This footage shows many commuters forced to walk two or three stops ahead of their regular stop in an attempt to board buses before they filled up.

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Airbus H160 Assembly Line - Marignane

Airbus H160 Assembly Line - Marignane

A view of the Airbus H160 assembly line on January 14, 2022 in Marignane, south of France. This helicopter is certified to operate on 50 % Sustainable Aviation Fuel (SAF)/biomass fuel. With its low fuel consumption, optimised maintenance costs and faster cruise speed, the H160 paves the way for economic competitiveness compared with other helicopters in its class. Fuel consumption is reduced by 15 % compared with the previous engine class for the same operations, while maintenance costs are reduced by almost 15% for the “airframe by the hour” and “service by the hour” options. Designed as a multi-role helicopter capable of carrying out a wide range of missions – such as offshore transport, emergency medical services, private and business aviation, as well as public services – the highly flexible H160 incorporates the latest Airbus innovations. Photo by Laurent Coust/ABACAPRESS.COM

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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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Egypt raises fuel prices amid economic reform, transportation cost surge

STORY: Egypt raises fuel prices amid economic reform, transportation cost surge SHOOTING TIME: Archive DATELINE: March 23, 2024 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Egyptian Ministry of Petroleum 2. various of fuel stations in Cairo STORYLINE: Egypt announced on Friday it would raise the prices of fuel due to the impact of exchange rate liberalization on the economy and rising transportation costs of petroleum products. The Ministry of Petroleum and Mineral Resources said in a statement that gasoline prices would rise by one Egyptian pound (about 2 U.S. cents) per liter, bringing the price of 80-octane gasoline to 11 pounds, 92-octane gasoline to 12.5 pounds, and 95-octane gasoline to 13.5 pounds. The ministry attributed the price hike to exchange rate liberalization and the rising transportation costs of petroleum products, exacerbated by tensions in the Red Sea. Additionally, diesel prices rose to 10 pounds per liter from 8.25 pounds, and the price of the 12.5

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Australians driving less amid rising fuel prices: poll

STORY: Australians driving less amid rising fuel prices: poll SHOOTING TIME: Nov. 22, 2023 DATELINE: Nov. 23, 2023 LENGTH: 00:00:49 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of petrol stations 2. various of bus 3. various of people walking 4. various of electronic cars STORYLINE: A majority of Australians are driving less amid a rise in fuel prices, a poll has found. According to the survey, which was published by independent NGO the Climate Council on Wednesday, 71 percent of Australians have taken steps to reduce their driving expenses in response to petrol prices, including driving less, cutting back on vehicle maintenance and avoiding taking holidays using their car. The Australian Bureau of Statistics in October identified rising automotive fuel costs as the biggest driver of inflation, with prices rising by an average of 7.2 percent in the third quarter of 2023 between July and September. A majority of respondents to the Climate Council survey, 54 percent said they believe

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Egypt raises petrol prices, keeps diesel unchanged

STORY: Egypt raises petrol prices, keeps diesel unchanged SHOOTING TIME: File DATELINE: Nov. 4, 2023 LENGTH: 00:01:05 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. Ministry of Petroleum (file) 2. Shots of fuel stations (file) STORYLINE: Egypt raised domestic petrol prices on Friday while keeping the diesel price unchanged, according to the country's Ministry of Petroleum and Mineral Resources. Prices of 80-octane, 92-octane, and 95-octane petrol per liter were raised from 8.75 Egyptian pounds (28 U.S. cents), 10.25 pounds, and 11.5 pounds to 10 pounds, 11.5 pounds, and 12.5 pounds, respectively. The diesel price remained unchanged at 8.25 pounds per liter. "Stabilizing the diesel price is important to preserving public interest because of its impact on transport costs and commodity prices," the ministry said. This is Egypt's second time of fuel price adjustment this year. Early in May, the country raised its diesel price by one pound to 8.25 pounds per liter while keeping gasoline prices u

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Türkiye lifts diesel price amid Palestinian-Israeli crisis

STORY: Türkiye lifts diesel price amid Palestinian-Israeli crisis DATELINE: Oct. 18, 2023 LENGTH: 0:01:05 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY/POLITICS SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of petrol station in Istanbul, Türkiye (file) 3. various of people walking in the city center 4. SOUNDBITE (Turkish): MURAT TUFAN, Analyst with the Ekoturk broadcaster STORYLINE: Türkiye on Tuesday raised diesel price amid the ongoing conflict between Israel and the Palestinian militant group Hamas. The Turkish government, which reduced diesel price by 2.92 Turkish liras (0.10 U.S. dollars) on Oct. 7, announced its decision to lift the price by 2.23 (0.08 dollars) liras this time. After the hike, in Istanbul, Türkiye's largest city, one liter of diesel fuel costs 39.61 liras (1.42 dollars). The gasoline price remains intact at 33.64 liras (1.21 dollars) per liter. Experts say the financial instability may further deteriorate due to fears that Israel's expected ground offensive against H

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Chinese electric vehicles gaining momentum in Cambodia

STORY: Chinese electric vehicles gaining momentum in Cambodia DATELINE: Sept. 13, 2023 LENGTH: 00:03:03 LOCATION: Phnom Penh CATEGORY: ECONOMY SHOTLIST: 1. various of dealer's shop 2. SOUNDBITE 1 (Khmer): KIM KHEANG, Trader 3. SOUNDBITE 2 (Khmer): MOEURNG SOKMENG, Sales supervisor at the Mingyang Guoji Co., Ltd. 4. SOUNDBITE 3 (Khmer): UDOM PISEY, EV manager at the Car4you Co., Ltd. STORYLINE: Kim Kheang, a 25-year-old trader in Cambodia, has decided to shift to use a Chinese electric vehicle (EV) in a move to save fuel costs and help keep the air clean. Speaking to Xinhua while buying a Hongqi electric car in Phnom Penh, Kheang hopes that the EV would halve his fuel costs and contribute to protecting the environment. SOUNDBITE 1 (Khmer): KIM KHEANG, Trader "Previously, I used a gasoline-powered car and my expense on petrol costs was a bit high at 300 to 400 U.S. dollars per month. I decided to switch to use an electric car because it is eco-friendly and will help save my budget (on fuel costs). Al

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Myanmar farmers have high hopes for monsoon harvest

STORY: Myanmar farmers have high hopes for monsoon harvest DATELINE: July 14, 2023 LENGTH: 00:02:31 LOCATION: YANGON, Myanmar CATEGORY: AGRICULTURE SHOTLIST: 1. various of farmers working in the field in the Bago Region 2. various of farmers planting paddy seedlings in Yangon STORYLINE: Motivated by a significant increase in profits from last year's harvest, Myanmar rice farmers began to prepare for growing paddy in rain-fed fields in July. According to farmers, the paddy price reached approximately 1.6 million kyats per 100 baskets (4,600 pounds), compared to around 600,000 kyats per 100 baskets recorded in the same period of the previous year. Meanwhile, farmers are also expected to benefit from lower costs as this year's rice plantation season came with decreased input prices. The price of diesel fuel for agricultural machinery has decreased to 8,000 kyats per gallon, a drop from the 12,000 kyats recorded last year, while fertilizer prices have declined from over 100,000 kyats to 80,000 k

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Türkiye's 1st nuclear plant to receive fuel in April

STORY: Türkiye's 1st nuclear plant to receive fuel in April DATELINE: April 2, 2023 LENGTH: 00:04:30 LOCATION: Ankara CATEGORY: ECONOMY/ECONOMY SHOTLIST: 1. various of Akkuyu Nuclear Power Plant (courtesy of ihlas news agency) 2. SOUNDBITE (Turkish): MURAT LECOMPTE, Istanbul-based energy expert STORYLINE: Türkiye is planning to load nuclear fuel into its first nuclear plant in late April. The project, built by Russia's state nuclear energy company Rosatom, is located in the southeastern Turkish province of Mersin. It is expected to produce 35 billion kilowatt-hours (kWh) of electricity annually and will meet about 10 percent of domestic electricity needs. Experts have said that the project consolidates growing ties between Türkiye and Russia. The nuclear plant is also one of Erdogan's big projects. The Turkish leader is facing tight general elections on May 14, while his country is struggling with economic woes and the huge recovery costs of the Feb 6 earthquakes. SOUNDBITE (Turkish): MURAT LECOMPTE, I

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Kansai Electric applies for fresh utilities rate hike

Kansai Electric applies for fresh utilities rate hike

TOKYO, Japan - Kansai Electric Power Co. President Makoto Yagi meets with reporters at the Ministry of Economy, Trade and Industry in Tokyo on Dec. 24, 2014, after the company applied for a fresh electricity rate hike, seeking to increase bills for households by 10.23 percent on average from April amid higher fossil fuel costs after its nuclear reactors were idled.

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Skymark budget airline on edge of financial collapse

Skymark budget airline on edge of financial collapse

TOKYO, Japan - A Skymark Airlines Inc. aircraft is parked at Narita International Airport in Narita, Chiba Prefecture, east to Tokyo, in August 2014, amid the budget carrier's management crisis due to skyrocketing fuel costs and bruising competition in the airline industry.

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TEPCO logs group net profit

TEPCO logs group net profit

TOKYO, Japan - Tokyo Electric Power Co. President Naomi Hirose announces the utility's quarterly earnings at the company head office in Tokyo on July 31, 2013. TEPCO reported a group net profit of 437.93 billion yen for the April to June quarter, but fuel costs for thermal power generation to make up for the loss of nuclear power generation following the 2011 Fukushima Daiichi complex disaster continued to weigh heavily on the utility.

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TEPCO logs group net profit

TEPCO logs group net profit

TOKYO, Japan - Tokyo Electric Power Co. President Naomi Hirose announces the utility's quarterly earnings at the company head office in Tokyo on July 31, 2013. TEPCO reported a group net profit of 437.93 billion yen for the April to June quarter, but fuel costs for thermal power generation to make up for the loss of nuclear power generation following the 2011 Fukushima Daiichi complex disaster continued to weigh heavily on the utility.

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TEPCO logs 685 bil. yen group net loss

TEPCO logs 685 bil. yen group net loss

TOKYO, Japan - Tokyo Electric Power Co. President Naomi Hirose speaks during a press conference at TEPCO's head office in Tokyo on April 30, 2013. The utility reported a group net loss of 685.29 billion yen for the business year ended March 2013 amid increased fuel costs for thermal power generation following the 2011 Fukushima Daiichi nuclear complex disaster, remaining in the red for the third consecutive year.

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TEPCO logs 299 bil. yen group net loss for 2nd qtr

TEPCO logs 299 bil. yen group net loss for 2nd qtr

TOKYO, Japan - Tokyo Electric Power Co. President Naomi Hirose speaks about the outlook for fiscal 2012 ending March 31 at the company's head office in Tokyo on Oct. 31, 2012. The utility known as TEPCO reported a group net loss of 299.48 billion yen for the April to September half, pressured by higher fossil fuel costs to make up for the halt in nuclear power generation following the disaster at its Fukushima Daiichi complex in 2011.

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TEPCO logs 572 bil. yen net loss

TEPCO logs 572 bil. yen net loss

TOKYO, Japan - Tokyo Electric Power Co. President Toshio Nishizawa (2nd from L) and other executives bow in apology during a press conference in Tokyo on Aug. 9, 2011. The utility reported a group net loss of 571.76 billion yen for the April to June period after booking massive costs to deal with the ongoing crisis at the Fukushima Daiichi nuclear plant and increases in fuel expenses for power generation.

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TEPCO logs 572 bil. yen net loss

TEPCO logs 572 bil. yen net loss

TOKYO, Japan - Tokyo Electric Power Co. President Toshio Nishizawa (front L) speaks during a press conference in Tokyo on Aug. 9, 2011. The utility reported a group net loss of 571.76 billion yen for the April to June period after booking massive costs to deal with the ongoing crisis at the Fukushima Daiichi nuclear plant and increases in fuel expenses for power generation.

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Truck operators demand gov't action on high fuel prices

Truck operators demand gov't action on high fuel prices

TOKYO, Japan - Truck operators march near government offices in central Tokyo on Aug. 26 to demand that the government take action to help them cope with rising fuel costs. The Japan Trucking Association held rallies and street protests in 31 prefectures across Japan.

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Truck operators demand gov't action on high fuel prices

Truck operators demand gov't action on high fuel prices

OKAYAMA, Japan - Trucks march in demonstrations in the city of Okayama on Aug. 26 to demand the central and prefectural governments take measures to help them cope with rising fuel costs. The Japan Trucking Association held rallies and street protests in 31 prefectures including Tokyo and Okayama.

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Boom returns to Atami, thanks to rising fuel prices

Boom returns to Atami, thanks to rising fuel prices

ATAMI, Japan - Sun Beach at Atami spa town in the Izu Peninsula is crowded with holidaymakers in a photo taken Aug. 5. According to travel agent JTB, the occupancy rate at inns and hotels in Atami rose 19 percent in July from a year earlier. Travel analysts believe high fuel costs have prompted many Japanese to give up overseas summer vacations or long-distance domestic travel. Atami, an hour or so by express train from Tokyo, is the nearest spa summer resort for Tokyoites.

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Saury fishermen halt work in appeal for government fuel cost aid

Saury fishermen halt work in appeal for government fuel cost aid

KUSHIRO, Japan - Sauries are landed from a fishing boat at Kushiro port in eastern Hokkaido on Aug. 18 before members of two major saury fishermen's groups from across Japan suspended work in a one-day appeal for government help to ameliorate their financial plight stemming from soaring fuel costs.

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Fishermen stay ashore to make appeal over high oil costs

Fishermen stay ashore to make appeal over high oil costs

TOKYO, Japan - Fishing industry workers hold a rally in Tokyo's Hibiya Park on July 15 in protest at soaring fuel costs. About 200,000 fishing boats -- almost all the fishery vessels operating in Japan -- halted operations on the day in an attempt to raise public awareness of the predicament they face due to soaring fuel costs.

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Fishermen stay ashore to make appeal over high oil costs

Fishermen stay ashore to make appeal over high oil costs

TOKYO, Japan - Fishing industry workers attend a rally in Tokyo's Hibiya Park on July 15 in protest at soaring fuel costs. About 200,000 fishing boats -- almost all the fishery vessels operating in Japan -- halted operations on the day in an attempt to raise public awareness of the predicament they face due to soaring fuel costs.

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Fishermen in Japan stay ashore to appeal over high oil costs

Fishermen in Japan stay ashore to appeal over high oil costs

KUSHIMOTO, Japan - Fishing boats moor at Kushimoto fishing port in Wakayama Prefecture on July 15 as all member fishermen of the Japan Fisheries Cooperatives and 16 other major fisheries groups in Japan suspended operations in an attempt to raise public awareness of the predicament they face due to soaring fuel costs.

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Fishermen in Japan stay ashore to appeal over high oil costs

Fishermen in Japan stay ashore to appeal over high oil costs

YAIZU, Japan - A fish market in Yaizu, Shizuoka Prefecture, is quiet July 15 as all member fishermen of the Japan Fisheries Cooperatives and 16 other major fisheries groups in Japan suspended operations in an attempt to raise public awareness of the predicament they face due to soaring fuel costs.

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Fishermen in Japan stay ashore to appeal over high oil costs

Fishermen in Japan stay ashore to appeal over high oil costs

KARATSU, Japan - Fishermen stay ashore at a fishing port in Karatsu, Saga Prefecture, July 15 as all member fishermen of the Japan Fisheries Cooperatives and 16 other major fisheries groups in Japan suspended operations in an attempt to raise public awareness of the predicament they face due to soaring fuel costs.

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Fishermen in Japan stay ashore to appeal over high oil costs

Fishermen in Japan stay ashore to appeal over high oil costs

CHOSHI, Japan - Fishing boats anchor at Choshi fishing port in Chiba Prefecture on July 15 as all member fishermen of the Japan Fisheries Cooperatives and 16 other major fisheries groups in Japan suspended operations in an attempt to raise public awareness of the predicament they face due to soaring fuel costs.

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Japanese fishermen to strike Tuesday over rising fuel prices

Japanese fishermen to strike Tuesday over rising fuel prices

TOKYO, Japan - Fishing boats are berthed at the fishing port in Choshi, Chiba Prefecture, on July 14. Japanese fishermen, hit by high fuel costs on soaring crude oil prices, will halt operations July 15 in an attempt to raise public awareness about their predicament.

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Squid vessels suspend operation due to rising fuel costs

Squid vessels suspend operation due to rising fuel costs

NIIGATA, Japan - Squid vessels are moored at Niigata port in Niigata Prefecture on June 18 after they suspended their operation to draw the public's attention to soaring fuel costs that are negatively affecting their business. Some 3,000 squid vessels across Japan suspended their operations on the day.

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Honda begins production of new fuel cell vehicle

Honda begins production of new fuel cell vehicle

TOKYO, Japan - Honda Motor Co. President Takeo Fukui poses with the Honda FCX Clarity fuel cell vehicle at the Honda plant in Takanezawa, Tochigi Prefecture, on June 16. The automaker launched the production of FCX Clarity, a 4-seater sedan, at the Takanezawa plant the same day. Honda says it hopes to sell 200 units to a select group of customers in Japan and the United States over three years. While the vehicle, which costs tens of millions of yen to produce, can travel 620 kilometers on a single charge of hydrogen, according to Honda.

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Tuna sold for 6 mil. yen at year's 1st auction in Tokyo

Tuna sold for 6 mil. yen at year's 1st auction in Tokyo

TOKYO, Japan - Tokyo's Tsukiji fish market held the new year's first auction of tuna Jan. 5, with a 276-kilogram bluefin tuna caught off Aomori Prefecture sold for a five-year high of 6.07 million yen amid tightening controls on catches and rising fuel costs for fishing boats.

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Tokyo Electric to fall into red in FY 2007

Tokyo Electric to fall into red in FY 2007

TOKYO, Japan - Tsunehisa Katsumata, president of Tokyo Electric Power Co., briefs reporters on the company's full-year earnings estimate for fiscal 2007 in Tokyo on Oct. 31. Japan's biggest utility is expected to fall into the red in fiscal 2007 for the first time in 28 years, affected by the shutdown of its key nuclear power reactor and rising fuel costs.

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M'bishi Heavy to exhibit mock-up of advanced jet cabin at Paris show

M'bishi Heavy to exhibit mock-up of advanced jet cabin at Paris show

TOKYO, Japan - Mitsubishi Heavy Industries Ltd. said on June 11 it will exhibit the replica of the cabin (in computer graphic image) of its next-generation small passenger aircraft at the International Paris Air Show to be held between June 18 and 24. With a new engine installed, the aircraft, dubbed the Mitsubishi Regional Jet, is expected to reduce fuel consumption and contribute to enhanced competitiveness and lower operating costs for airline companies, Japan's largest heavy machinery manufacturer said.

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JAL group operating profit tumbles 48.3% on flight troubles, cost rise

JAL group operating profit tumbles 48.3% on flight troubles, cost rise

TOKYO, Japan - Japan Airlines Corp. President Haruka Nishimatsu speaks at a press conference at the Ministry of Land, Infrastructure and Transport on Nov. 8. He said the company's consolidated operating profit plunged 48.3 percent year on year in the April-September period to 8.16 billion yen due to soaring fuel costs and flight troubles that turned away many prospective customers. The nation's top air carrier, however, managed to secure a group net profit of 1.51 billion yen, a turnaround from a loss of 12.04 billion yen a year earlier, by unloading its shareholdings.

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JAL posts 1st interim group net loss since FY 2003

JAL posts 1st interim group net loss since FY 2003

TOKYO, Japan - Japan Airlines Corp. executive Haruka Nishimatsu (L) said in Tokyo on Nov. 7 its group business sank into the red in the six months to Sept. 30 for the first time since fiscal 2003, as the airline was hit by high fuel costs and a decline of passengers following a series of air safety problems.

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JAL to raise domestic fares in January

JAL to raise domestic fares in January

TOKYO, Japan - Japan Airlines President Toshiyuki Shinmachi tells a press conference in Tokyo on Aug. 29 that JAL plans to raise fares on its domestic routes possibly in January 2006 because of rising fuel costs.

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Biofuel heaters become popular in Syria amid fuel crisis

STORY: Biofuel heaters become popular in Syria amid fuel crisis DATELINE: Dec. 14, 2022 LENGTH: 00:02:51 LOCATION: Damascus CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of the heater factory 2. SOUNDBITE 1 (Arabic): ABDULLAH ALI TWAIT, Heater factory owner 3. various of the heater factory 4. various inside Sulaiman al-Khaled's home 5. SOUNDBITE 2 (ARABIC): SULAIMAN AL-KHALED, Hama resident 6. various inside Sulaiman al-Khaled's home STORYLINE: Amid the acute fuel shortage, clean heaters fueled by firewood or pistachio shells have become popular in Syria. Abdullah Ali Twait, a 42-year-old heater manufacturer in Syria's Hama, has developed his business to cope with the long-standing fuel crisis in the war-torn country. SOUNDBITE 1 (Arabic): ABDULLAH ALI TWAIT, Heater manufacturer in Hama "Before the crisis, people used diesel for heating, but when the diesel decreased, they opted to use firewood and other forms of biofuel. When people started making calculations about the costs of biofuel, they found it

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Toyota releases new hybrid minivan Estima Hybrid

Toyota releases new hybrid minivan Estima Hybrid

TOKYO, Japan - Toyota Motor Corp. President Fujio Cho stands by the Estima Hybrid, the world's first mass-produced hybrid minivan, which went on sale on June 15. The four-wheel-drive minivan, with a hybrid system combining an electric motor and conventional gas engine, offers stability, fuel economy and environmental compatibility. The eight-seater Estima Hybrid costs 3.35 million yen, while the G Selection model with options is 3.60 million yen.

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China's Jiangsu facilitates low-carbon grain harvest

STORY: China's Jiangsu facilitates low-carbon grain harvest DATELINE: Nov. 20, 2022 LENGTH: 00:01:25 LOCATION: NANJING, China CATEGORY: ECONOMY/ENVIRONMENT SHOTLIST: 1. various of grain harvest 2. SOUNDBITE 1 (Chinese): CHEN ZENGZENG, Bureau of Agriculture and Rural Affairs, Shuyang County, Jiangsu Province 3. various of air-source heat pump dryers 4. SOUNDBITE 2 (Chinese): ZHAO ZHEYUAN, State Grid Huai'an Power Supply Company 5. various of harvest scenes STORYLINE: The late-season rice harvest is nearing the end. Farmers in east China's Jiangsu Province are working round the clock to dry the unhusked rice to fill up every granary. To facilitate the work, Jiangsu has installed more than 4,000 air-source heat pump dryers in farms and companies across the province. It costs about 5.62 U.S. dollars to dry a tonne of grain with these dryers, while the same workload powered by coal or fuel oil costs four times as much. SOUNDBITE 1 (Chinese): CHEN ZENGZENG, Bureau of Agriculture and Rural Affairs, Shuyang Cou

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Malta to spend over 500 mln euros to tackle rising energy costs

STORY: Malta to spend over 500 mln euros to tackle rising energy costs DATELINE: Oct. 26, 2022 LENGTH: 00:01:37 LOCATION: Valletta CATEGORY: ECONOMY SHOTLIST: 1. various of Finance Minister Clyde Caruana presenting 2023 budget speech to President Vella in San Anton Palace in Attard 2. various of Finance Minister Clyde Caruana reading out the budget for 2023 in Parliament in Valletta 3. various of press conference in Valletta STORYLINE: Malta plans to spend 508 million euros (501.4 million U.S. dollars) in 2023 to ease the impacts of the rising energy costs, Prime Minister Robert Abela said on Monday. In Malta's 2023 budget plan unveiled by Finance Minister Clyde Caruana on Monday, energy expenditures account for 9.3 percent of the government's recurrent expenditure. Tax cuts would have saved families with two working adults 510 euros (503.4 dollars) a year, Caruana said, while subsidizing energy costs will save them electricity costs and car fuel. Among the measures announced were a living grant of

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ITALY-SIENA-TOURISM

ITALY-SIENA-TOURISM

(220816) -- SIENA, Aug. 16, 2022 (Xinhua) -- Italian Carabinieri perform before a trial of the horse race Palio in Siena, Italy, Aug. 15, 2022. This year's "Ferragosto", a public holiday that usually marks the height of the tourist season in Italy, has found more than 10 million Italians on vacation and away from home despite a scorching heat, droughts and surging fuel costs. TO GO WITH "Feature: 'Ferragosto' finds vacationers in Italy unperturbed by heatwaves, fuel costs" (Xinhua/Jin Mamengni)

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ITALY-SIENA-TOURISM

ITALY-SIENA-TOURISM

(220816) -- SIENA, Aug. 16, 2022 (Xinhua) -- People gather in the Piazza del campo to watch the trial of the horse race Palio in Siena, Italy, Aug. 15, 2022. This year's "Ferragosto", a public holiday that usually marks the height of the tourist season in Italy, has found more than 10 million Italians on vacation and away from home despite a scorching heat, droughts and surging fuel costs. TO GO WITH "Feature: 'Ferragosto' finds vacationers in Italy unperturbed by heatwaves, fuel costs" (Xinhua/Jin Mamengni)

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ITALY-SIENA-TOURISM

ITALY-SIENA-TOURISM

(220816) -- SIENA, Aug. 16, 2022 (Xinhua) -- Italian Carabinieri perform before a trial of the horse race Palio in Siena, Italy, Aug. 15, 2022. This year's "Ferragosto", a public holiday that usually marks the height of the tourist season in Italy, has found more than 10 million Italians on vacation and away from home despite a scorching heat, droughts and surging fuel costs. TO GO WITH "Feature: 'Ferragosto' finds vacationers in Italy unperturbed by heatwaves, fuel costs" (Xinhua/Jin Mamengni)

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ITALY-SIENA-TOURISM

ITALY-SIENA-TOURISM

(220816) -- SIENA, Aug. 16, 2022 (Xinhua) -- People gather in the Piazza del campo to watch the trial of the horse race Palio in Siena, Italy, Aug. 15, 2022. This year's "Ferragosto", a public holiday that usually marks the height of the tourist season in Italy, has found more than 10 million Italians on vacation and away from home despite a scorching heat, droughts and surging fuel costs. TO GO WITH "Feature: 'Ferragosto' finds vacationers in Italy unperturbed by heatwaves, fuel costs" (Xinhua/Jin Mamengni)

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ITALY-SIENA-TOURISM

ITALY-SIENA-TOURISM

(220816) -- SIENA, Aug. 16, 2022 (Xinhua) -- People gather in the Piazza del campo to watch the trial of the horse race Palio in Siena, Italy, Aug. 15, 2022. This year's "Ferragosto", a public holiday that usually marks the height of the tourist season in Italy, has found more than 10 million Italians on vacation and away from home despite a scorching heat, droughts and surging fuel costs. TO GO WITH "Feature: 'Ferragosto' finds vacationers in Italy unperturbed by heatwaves, fuel costs" (Xinhua/Jin Mamengni)

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ITALY-SIENA-TOURISM

ITALY-SIENA-TOURISM

(220816) -- SIENA, Aug. 16, 2022 (Xinhua) -- People gather in the Piazza del campo to watch the trial of the horse race Palio in Siena, Italy, Aug. 15, 2022. This year's "Ferragosto", a public holiday that usually marks the height of the tourist season in Italy, has found more than 10 million Italians on vacation and away from home despite a scorching heat, droughts and surging fuel costs. TO GO WITH "Feature: 'Ferragosto' finds vacationers in Italy unperturbed by heatwaves, fuel costs" (Xinhua/Jin Mamengni)

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Bangladesh hikes fuel prices to highest in history

STORY: Bangladesh hikes fuel prices to highest in history DATELINE: Aug. 7, 2022 LENGTH: 00:03:25 LOCATION: Dhaka CATEGORY: ECONOMY SHOTLIST: 1. various of gas stations in Bangladesh STORYLINE: Bangladesh's retail fuel prices have been hiked to levels not seen since the country's independence in 1971. The Bangladeshi government Friday night hiked the fuel prices by up to 51.7 percent with effect from Saturday. According to a price notification from the Ministry of Power, Energy and Mineral Resources, a liter of octane now costs 135 taka (1.43 U.S. dollars), which is 51.7 percent higher than the previous rate of 89 taka (0.94 dollars). The prices of diesel and kerosene have been increased by 42.5 percent to 114 taka (1.20 dollars) per liter. Also, each liter of petrol now costs 130 taka (1.37 dollars), a rise of 44 taka or 51.1 percent, said the press release. Officials said the latest price hikes at the retail level were inevitable to reduce the subsidy burden on state-run distribution companies. Als

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Sweden experiences highest inflation in three decades

STORY: Sweden experiences highest inflation in three decades DATELINE: June 15, 2022 LENGTH: 00:02:03 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of a shopping mall 2. various of a petrol station 3. various of street views STORYLINE: Swedish consumers are witnessing the highest inflation since 1991, with consumer prices, measured with a fixed interest rate, rising from 6.4 percent in April to 7.2 percent in May, Statistics Sweden said on Tuesday. Energy prices saw the biggest increases, with fuel prices surging by 41.8 percent in a year and electricity prices rising by 33.6 percent. In contrast to prior years, when the price of power dropped in the spring as a result of declining demand, it rose by 4.1 percent in May. Food price has increased significantly as well. Meat prices rose by 4.4 percent in May, while the cost of eggs and dairy products grew by 3.5 percent from April to May. Meanwhile, costs of owning a condominium rose by 7.2 percent compared with May 2021. House owners

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