Türkiye's annual inflation rate hit 68.5 pct in March

STORY: Türkiye's annual inflation rate hit 68.5 pct in March SHOOTING TIME: April 3, 2024 DATELINE: April 4, 2024 LENGTH: 0:01:18 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of a discount butcher in Türkiye (courtesy of ihlas news agency) 2. various of people shopping in a bazaar in Türkiye (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate hit 68.5 percent in March, up from 67.1 percent in February, official data showed Wednesday. Consumer prices registered a monthly increase of 3.16 percent, with education, communication, and the combined sector of hotels, restaurants, and cafes leading the rise at 13 percent, 5.6 percent, and 3.9 percent, respectively, according to the Turkish Statistical Institute. The cost of education experienced the highest annual increase at 104.07 percent, followed by restaurants and hotels at 94.97 percent and health at 80.25 percent. Despite implementing a monetary tightening policy since mid-2023, the inflation rate remains high i

Chinese-built railway helps drive economic, social development in Kenya

STORY: Chinese-built railway helps drive economic, social development in Kenya DATELINE: Oct. 15, 2023 LENGTH: 00:02:05 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the Chinese-built Nairobi-Mombasa Standard Gauge Railway 2. SOUNDBITE 1 (English): ABABU NAMWAMBA, Cabinet secretary for youth affairs, sports and the arts, Kenya 3. SOUNDBITE 2 (English): ERASTUS MWENCHA, Former Deputy Chairperson of the African Union Commission 4. SOUNDBITE 3 (English): DENNIS MUNENE MWANIKI, Executive Director, China-Africa Center, Kenya STORYLINE: The Nairobi-Mombasa Standard Gauge Railway in Kenya is a flagship project of the China-proposed Belt and Road Initiative (BRI). Passenger train service on the 480-km railway was launched on May 31, 2017. By mid-2023, more than 10 million trips had been made and more than 25 million tonnes of goods had been delivered on the railway, which has driven the economic and social development of areas along the route in Kenya. SOUNDBITE 1 (English): ABABU NAMWAMBA, Cabine