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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Jimmy Gomez (Democrat of California), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, looks on during a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, looks on during a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Terri A Sewell (Democrat of Alabama), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Jimmy Gomez (Democrat of California), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Jimmy Gomez (Democrat of California), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Jimmy Gomez (Democrat of California), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Mike Thompson (Democrat of California), ranking member, US House Ways and Means Committee Subcommittee on Tax, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Jimmy Gomez (Democrat of California), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Mike Thompson (Democrat of California), ranking member, US House Ways and Means Committee Subcommittee on Tax, center, makes remarks with, from left to right: US Representative Terri A. Sewell (Democrat of Alabama); US Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means; US Representative Jimmy Panetta (Democrat of California); US Representative Jimmy Gomez (Democrat of California), and US Representative Steven Horsford (Democrat of Nevada) hold a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Mike Thompson (Democrat of California), ranking member, US House Ways and Means Committee Subcommittee on Tax, center, makes remarks with, from left to right: US Representative Terri A. Sewell (Democrat of Alabama); US Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means; US Representative Jimmy Panetta (Democrat of California); US Representative Jimmy Gomez (Democrat of California), and US Representative Steven Horsford (Democrat of Nevada) hold a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Mike Thompson (Democrat of California), ranking member, US House Ways and Means Committee Subcommittee on Tax, center, makes remarks with, from left to right: US Representative Terri A. Sewell (Democrat of Alabama); US Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means; US Representative Jimmy Panetta (Democrat of California); US Representative Jimmy Gomez (Democrat of California), and US Representative Steven Horsford (Democrat of Nevada) hold a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Mike Thompson (Democrat of California), ranking member, US House Ways and Means Committee Subcommittee on Tax, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Looking on, from left to right: US Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means; US Representative Terri A. Sewell (Democrat of Alabama); US Representative Jimmy Panetta (Democrat of California); and US Representative Steven Horsford (Democrat of Nevada) hold a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, educ

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Terri A Sewell (Democrat of Alabama), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Steven Horsford (Democrat of Nevada), makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/ABACAPRESS.COM

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US House Democrats Press Conference on the Proposed American Affordability Bill

United States Representative Mike Thompson (Democrat of California), ranking member, US House Ways and Means Committee Subcommittee on Tax, makes remarks at a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Looking on, from left to right: US Representative Richard Neal (Democrat of Massachusetts), Ranking Member, US House Committee on Ways and Means; US Representative Terri A. Sewell (Democrat of Alabama); and US Representative Jimmy Panetta (Democrat of California) hold a news conference on the proposed American Affordability Act in the United States Capitol in Washington, DC, USA, on Thursday, December 18, 2025. This comprehensive package of proposed tax relief measures are aimed at reducing costs for housing, energy, education, and child-rearing. Photo by Andrew Thomas / CNP/A

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Australian inflation rate slows to 3.6 pct

STORY: Australian inflation rate slows to 3.6 pct SHOOTING TIME: April 26, 2024 DATELINE: April 28, 2024 LENGTH: 0:02:07 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of a supermarket 2. various of street views in Australia STORYLINE: Australia's annual rate of inflation has fallen to 3.6 percent, according to official figures published by the Australian Bureau of Statistics (ABS) on Wednesday. The figure showed that the consumer price index (CPI) rose by 1.0 percent in the first three months of 2024 and 3.6 percent in the 12 months to the end of March. It marks a fall from a 4.1 percent rise in the CPI in the 12-month period to the end of December 2023. The ABS identified rising costs of education, health, housing, food and non-alcoholic beverages as the most significant drivers of inflation in the first quarter of 2024. Housing prices were 0.7 percent higher at the end of March than at the start of 2024 and 4.9 percent higher than 12 months earlier. Education costs rose 5.

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Chinese tech firm to improve broadband for low-income households in Kenya

STORY: Chinese tech firm to improve broadband for low-income households in Kenya SHOOTING TIME: April 22, 2024 DATELINE: April 23, 2024 LENGTH: 00:01:52 LOCATION: Nairobi CATEGORY: SOCIETY SHOTLIST: 1. various of Connected Africa Summit 2024 2. SOUNDBITE(English): ADAM LANE, director of government affairs and partnerships at Huawei Kenya 3. various of Connected Africa Summit 2024 STORYLINE: Chinese technology firm Huawei said on Monday that it is stepping up its rollout of broadband infrastructure to low-income households in Kenya to boost the country's digital economy. Adam Lane, director of government affairs and partnerships at Huawei Kenya, said in the Kenyan capital of Nairobi that most high-end housing units have broadband connectivity options, including fiber optics, which is not the case for low-income housing. "We have specific technologies for low-income households that make it easier to connect to broadband and use fewer devices, which helps to reduce costs and accelerate access to the inte

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Spain: Thousands Protest Against Mass Tourism In Canary Islands 2

Tens of thousands of people took to the streets across Canary Islands on Saturday, April 20 to protest against a model of mass tourism. Demonstrators called for authorities to limit the number of visitors saying the model of massive tourism harms local residents and damages the environment.

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Spain: Thousands Protest Against Mass Tourism In Canary Islands 3

Tens of thousands of people took to the streets across Canary Islands on Saturday, April 20 to protest against a model of mass tourism. Demonstrators called for authorities to limit the number of visitors saying the model of massive tourism harms local residents and damages the environment.

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Spain: Thousands Protest Against Mass Tourism In Canary Islands

Tens of thousands of people took to the streets across Canary Islands on Saturday, April 20 to protest against a model of mass tourism. Demonstrators called for authorities to limit the number of visitors saying the model of massive tourism harms local residents and damages the environment.

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Inflation in Sweden slows down in March

STORY: Inflation in Sweden slows down in March SHOOTING TIME: April 12, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:30 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Statistics Sweden (SCB) 2. various of supermarkets 3. various of Stockholm's streets STORYLINE: Inflation in Sweden slowed from 4.5 percent in February to 4.1 percent in March, Statistics Sweden (SCB) said on Friday. Mikael Nordin, a statistician at SCB, said that the cost of certain goods had decreased from the same period last year. SCB said that inflation, measured as the Consumer Price Index (CPI), was mainly driven by mortgage costs rising by 39.3 percent for apartment owners. Meanwhile, tenants paid 5 percent higher rents for their apartments than a year earlier. However, increasing housing costs were offset by cheaper diesel and electricity -- down by 17.5 percent and 9.1 percent respectively year-on-year, SCB said. Besides increased lending costs due to the Swedish central bank raising the benchmark interest rate f

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Inflation in Laos climbs to 39.3 pct in December

STORY: Inflation in Laos climbs to 39.3 pct in December DATELINE: Jan. 9, 2023 LENGTH: 0:01:55 LOCATION: Vientiane CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Laos 2. various of the market STORYLINE: Inflation in Laos increased to 39.3 percent year-on-year in December, the highest rate of 2022, according to a report issued by the Lao Statistics Bureau on Saturday. The year-on-year inflation rate in Laos increased from 38.46 percent in November to 39.3 percent in December. The higher prices of the communications and transport, consumer goods and the continuing depreciation of the Lao currency kip are among the main factors driving inflation. According to the report, costs in the communications and transport category rose by 50.4 percent year-on-year in December. The price of food and non-alcoholic beverages has surged by 45.9 percent. In addition, the cost of the housing category surged by 32.1 percent. The cost of medical care and medicine increased by 42.1 percent. Meanwh

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New Zealand households face rising cost of living

STORY: New Zealand households face rising cost of living DATELINE: Oct. 26, 2022 LENGTH: 00:01:16 LOCATION: Wellington CATEGORY: ECONOMY SHOTLIST: 1. various of street views of Wellington 2. various of people shopping in supermarkets and malls 3. various of street views STORYLINE: The cost of living for the average household increased by 7.7 percent year on year, with increasing prices widely felt across all household groups in the September 2022 quarter, New Zealand's statistic department Stats NZ said on Wednesday. All household groups faced their highest annual cost-of-living increase since the series began in 2008, Stats NZ said. "Higher prices for housing and food were the main contributors to the increase across all the household groups," consumer prices manager Katrina Dewbery said in a statement. Each quarter, the household living-costs price indexes (HLPIs) measure how inflation affects 13 different household groups, plus an all-households group, or the average household. The consumer price in

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Türkiye sees record-high new iPhone prices

STORY: Türkiye sees record-high new iPhone prices DATELINE: Oct. 15, 2022 LENGTH: 0:02:57 LOCATION: Ankara CATEGORY: ECONOMY/SOCIETY SHOTLIST: 1. various of people on the streets, at cafe and restaurants with their phones in Türkiye 2. SOUNDBITE 1 (Turkish): EMRE TEKIN, Smartphone shop clerk 3. SOUNDBITE 2 (Turkish): HARUN EMRAH ZULAL, Parking lot worker 4. SOUNDBITE 3 (Turkish): YIGIT MERT DOGAN, Software Engineer STORYLINE: Suffering from galloping inflation and a depreciating currency, Türkiye is witnessing one of the highest-ever retail prices for new Apple iPhone 14 smartphones. The annual inflation reached 83.45 percent in September, and consumer prices rose by 3.08 percent month-on-month, further hitting Turks who already struggle with high energy, food and housing costs, shows data released by the Turkish Statistical Institute. The high iPhone prices is also due to the high taxes imposed by the country on smartphones and other technological devices. SOUNDBITE 1 (Turkish): EMRE TEKIN, Smartphone

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Turks brace for more hardships as inflation soars

STORY: Turks brace for more hardships as inflation soars DATELINE: Oct. 4, 2022 LENGTH: 0:03:26 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people on the streets and shopping in Türkiye 2. SOUNDBITE 1 (Turkish): SENGUL YASDAG, Retiree 3. SOUNDBITE 2 (Turkish): OSMAN SENGOR, Construction worker STORYLINE: Surging inflation in Türkiye showed no signs of abating in September, as households were bracing for more hardships amid an expected fresh wave of price hikes for essential goods. The annual inflation reached 83.45 percent in September, and consumer prices rose by 3.08 percent month-on-month, further hitting Turks who already struggle with high energy, food and housing costs, shows data released on Monday by the Turkish Statistical Institute. In capital Ankara's busy commercial neighborhood of Kizilay, shoppers were complaining about the unsparing increase in the cost of living. SOUNDBITE 1 (Turkish): SENGUL YASDAG, Retiree "I'm a pensioner and I receive a pension of 3,600 liras (ab

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Greece's inflation hits 30-year record high in June

STORY: Greece's inflation hits 30-year record high in June DATELINE: July 9, 2022 LENGTH: 00:00:39 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of the street view in Athens 2. various of the Hellenic Statistical Authority (ELSTAT) headquarters 3. various of the Athens Fish Market STORYLINE: Greece's annual inflation rate reached 12.1 percent in June, hitting a 30-year record high in the country, the Hellenic Statistical Authority (ELSTAT) said on Friday. The figure was up 0.8 percentage points from that in May. Greek inflation merely stood at one percent in June 2021. The ELSTAT attributed the rise of the inflation rate mainly to the rise in energy costs over the past year. Natural gas prices increased by 117.7 percent in June compared to the same period of 2021, while electricity prices by 70.4 percent and heating oil by 65.1 percent, according to the ELSTAT. In addition, housing costs increased by 31.5 percent in June year-on-year, transport by 25 percent, and food and non-alc

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Berlin street

People walk on a street in central Berlin on June 18, 2019. The city authorities decided the same day to freeze rents in the German capital for five years from 2020 amid rising housing costs. (Kyodo) ==Kyodo