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TÜRKIYE-ISTANBUL-INFLATION

(240513) -- ISTANBUL, May 13, 2024 (Xinhua) -- People shop at a market in Istanbul, Türkiye, on May 10, 2024. The Istanbul Planning Agency said in its latest report that the monthly cost of living for a family of four in Istanbul, including rent, has skyrocketed by 81 percent year-on-year, reaching a staggering 55,321 liras. Meat prices have seen the most dramatic rise of 114 percent compared to last year, followed by a 107 percent increase in chicken prices. (Photo by Safar Rajabov/Xinhua) TO GO WITH Feature: Türkiye's Istanbul feels strain as inflation, cost of living soar

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TÜRKIYE-ISTANBUL-INFLATION

(240513) -- ISTANBUL, May 13, 2024 (Xinhua) -- People shop at a market in Istanbul, Türkiye, on May 10, 2024. The Istanbul Planning Agency said in its latest report that the monthly cost of living for a family of four in Istanbul, including rent, has skyrocketed by 81 percent year-on-year, reaching a staggering 55,321 liras. Meat prices have seen the most dramatic rise of 114 percent compared to last year, followed by a 107 percent increase in chicken prices. (Photo by Safar Rajabov/Xinhua) TO GO WITH Feature: Türkiye's Istanbul feels strain as inflation, cost of living soar

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TÜRKIYE-ISTANBUL-INFLATION

(240513) -- ISTANBUL, May 13, 2024 (Xinhua) -- People shop at a market in Istanbul, Türkiye, on May 10, 2024. The Istanbul Planning Agency said in its latest report that the monthly cost of living for a family of four in Istanbul, including rent, has skyrocketed by 81 percent year-on-year, reaching a staggering 55,321 liras. Meat prices have seen the most dramatic rise of 114 percent compared to last year, followed by a 107 percent increase in chicken prices. (Photo by Safar Rajabov/Xinhua) TO GO WITH Feature: Türkiye's Istanbul feels strain as inflation, cost of living soar

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TÜRKIYE-ISTANBUL-INFLATION

(240513) -- ISTANBUL, May 13, 2024 (Xinhua) -- A man works at a store in Istanbul, Türkiye, on May 10, 2024. The Istanbul Planning Agency said in its latest report that the monthly cost of living for a family of four in Istanbul, including rent, has skyrocketed by 81 percent year-on-year, reaching a staggering 55,321 liras. Meat prices have seen the most dramatic rise of 114 percent compared to last year, followed by a 107 percent increase in chicken prices. (Photo by Safar Rajabov/Xinhua) TO GO WITH Feature: Türkiye's Istanbul feels strain as inflation, cost of living soar

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Vacant homes in Japan hit record 9 mln

STORY: Vacant homes in Japan hit record 9 mln SHOOTING TIME: May 2, 2024 DATELINE: May 2, 2024 LENGTH: 00:01:03 LOCATION: Tokyo CATEGORY: SOCIETY SHOTLIST: 1. various of apartments and houses in Tokyo STORYLINE: The number of vacant homes in Japan has climbed to a fresh record of 9 million as of October 2023, up by 510,000 from the previous survey conducted in 2018, the latest government data showed. The tally also made up a record 13.8 percent of the total number of homes in the country, meaning that one in about seven homes is abandoned, according to the internal affairs ministry survey published Tuesday. The rising number can be attributed to an increase in cases where properties are left unattended because single elderly dwellers die or move to nursery homes, according to the ministry. Of the 9 million unoccupied dwellings, the majority at 4.43 million are available for rent, while 330,000 are for sale and 380,000 are empty second dwellings such as vacation homes. The status of the remainin

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Monthly poverty threshold for Turkish household hits 1,696 USD in Feb.: report

STORY: Monthly poverty threshold for Turkish household hits 1,696 USD in Feb.: report SHOOTING TIME: File DATELINE: March 1, 2024 LENGTH: 00:01:03 LOCATION: ISTANBUL, Türkiye CATEGORY: POLITICS SHOTLIST: 1. various of Istanbul city in Türkiye 2. various of people walking in the city center in Istanbul, Türkiye 3. various of people shopping in supermarket in Istanbul, Türkiye STORYLINE: The total income needed to cover the basic expenses for a family of four in Türkiye, defined as the poverty threshold, reached 52,955 Turkish liras (1,696 U.S. dollars) in February, a report revealed on Thursday. The figure represents a substantial increase compared to 30,701 liras (979 U.S. dollars) in the same month of last year, according to the Confederation of Turkish Trade Unions (Turk-Is), which has been monitoring the poverty threshold in Türkiye for the past 37 years. The poverty line covers the income necessary to meet basic needs, including expenses on food, clothing, housing (rent, electricity, water, fuel

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Bank of Spain estimates 1.6 million households unable to cover their basic expenses

STORY: Bank of Spain estimates 1.6 million households unable to cover their basic expenses DATELINE: July 15, 2023 LENGTH: 00:01:37 LOCATION: BARCELONA, Spain CATEGORY: ECONOMY SHOTLIST: 1. various of Barcelona STORYLINE: According to a recent report from the Bank of Spain, one in eleven Spanish families (9%) could not afford their basic needs, such as rent, food or debt payments, with their gross income in 2022. This means that about 1.6 million households were struggling financially last year, an increase of 350,000 households (2%) from 2020. The report blames the inflationary pressure, worsened by the Ukraine crisis, and the higher interest rates set by the European Central Bank (ECB) for the rise in financial hardship among Spanish families. The report also reveals that despite a 6.8% growth in gross disposable income of households in Spain since 2020, inflation eroded their purchasing power by 4.5%, limiting their ability to save and spend. Moreover, the report warns that six out of ten Spanish fam

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U.S.-CONSUMER PRICE INDEX

(230215) -- WASHINGTON, D.C., Feb. 15, 2023 (Xinhua) -- This photo taken on Feb. 14, 2023 shows a house for rent in Washington, D.C., the United States. The U.S. consumer price index rose 0.5 percent in January, an increase of 6.4 percent year-on-year, according to the U.S. Bureau of Labor Statistics. Meanwhile, the so-called "core inflation," which excludes energy and food prices, saw a 0.4 percent rise month-to-month and 5.6 percent increase from the same period last year. The U.S. Federal Reserve has been engaged in an aggressive rate hike cycle to tamp down the worst inflation in decades. (Photo by Aaron Schwartz/Xinhua)

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Sewing machine for sewing fasteners without tape jointly developed by JUKI and YKK.

JUKI and YKK have jointly developed the "Airy String" zipper, which has no tape, and a sewing machine for sewing the zipper. JUKI will manufacture the sewing machines, and YKK will buy and rent the machines and sell the fasteners. The developed fastener is expected to improve operability and design by integrating with the fabric. The sewing machine has developed a new mechanism to synchronize the elements that interlock the zipper with the fabric. This eliminates the need for stitching, which is done after the tape and fabric are sewn together to prevent them from shifting, thus reducing the sewing process. The two companies have been promoting joint development since January 2017, and in March announced a device that streamlines the sewing of fasteners for jeans, resulting in a significant increase in productivity.Photo taken on June 13, 2019, credit: Nikkan Kogyo Shimbun / Kyodo News Images

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Tapeless fasteners jointly developed by JUKI and YKK (bottom photo)

JUKI and YKK have jointly developed the "Airy String" zipper, which has no tape, and a sewing machine for sewing the zipper. JUKI will manufacture the sewing machines, and YKK will buy and rent the machines and sell the fasteners. The developed fastener is expected to improve operability and design by integrating with the fabric. The sewing machine has developed a new mechanism to synchronize the elements that interlock the zipper with the fabric. This eliminates the need for stitching, which is done after the tape and fabric are sewn together to prevent them from shifting, thus reducing the sewing process. The two companies have been promoting joint development since January 2017, and in March announced a device that streamlines the sewing of fasteners for jeans, resulting in a significant increase in productivity.Photo taken on June 13, 2019, credit: Nikkan Kogyo Shimbun / Kyodo News Images