T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240627) -- ANKARA, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a market in Ankara, Trkiye, June 27, 2024. Trkiye's annual inflation has exceeded 75 percent, the highest in the past 18 months. While officials suggest this may represent the peak before a potential easing of prices, experts caution that the high cost of living is likely to linger. TO GO WITH "News Analysis: Is the worst over for Trkiye's inflation woes? " (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

T?RKIYE-ANKARA-INFLATION RATE

T?RKIYE-ANKARA-INFLATION RATE

(240627) -- ANKARA, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- People shop at a market in Ankara, Trkiye, June 27, 2024. Trkiye's annual inflation has exceeded 75 percent, the highest in the past 18 months. While officials suggest this may represent the peak before a potential easing of prices, experts caution that the high cost of living is likely to linger. TO GO WITH "News Analysis: Is the worst over for Trkiye's inflation woes? " (Mustafa Kaya/Handout via Xinhua/ABACAPRESS.COM

Turkish financial market wavers amid concerns over Israel-Gaza conflict: analyst

STORY: Turkish financial market wavers amid concerns over Israel-Gaza conflict: analyst DATELINE: Oct. 10, 2023 LENGTH: 00:01:24 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Istanbul 2. Soundbite 1 (Turkish): MURAT TUFAN, Analyst with the Ekoturk broadcaster 3. various of Türkiye's central bank 4. Soundbite 2 (Turkish): MURAT TUFAN, Analyst with the Ekoturk broadcaster STORYLINE: The Turkish financial market on Monday experienced turbulence, with exchange rates fluctuating and the stock market falling, amid concern and caution over the ongoing Israel-Gaza conflict, said an analyst. The Turkish currency lost 0.43 percent of its value on the morning trading against the U.S. dollar, standing at 27.7 Turkish liras per dollar at 11:00 a.m. local time (0800 GMT). At the opening of the Istanbul Stock Exchange, Türkiye's benchmark BIST-100 Index dropped to 8,300.69 points, with a decline of 1.94 percent compared to the previous closure. The banking index decreased by 2.08 percent, accor

Swiss elevator manufacturer optimistic about China's economic outlook

STORY: Swiss elevator manufacturer optimistic about China's economic outlook DATELINE: March 23, 2023 LENGTH: 00:01:09 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): MARTINA FUCHS, Xinhua reporter 2. SOUNDBITE (English): SILVIO NAPOLI, CEO, Schindler Group 3. various of Schindler STORYLINE: STANDUP (English): MARTINA FUCHS, Xinhua reporter "The elevators, escalators, and moving walks of Swiss company Schindler transport more than 1.5 billion people up and down buildings and across transportation hubs every day. Here at the headquarters of the company founded in 1874, I speak to the CEO about his market outlook and how China is lifting up the business." SOUNDBITE (English): SILVIO NAPOLI, CEO, Schindler Group "The outlook for the year is one of positive caution. The markets are recovering in some parts of the world. But overall, the market combined with our measures makes us for a cautiously optimistic outlook. China is our second largest R&D center, one that I was very