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US: Massive Warehouse Fire Destroys Medline Distribution Center in Northern California

A massive fire broke out at a Medline distribution warehouse in Tracy, Northern California, on Thursday, June 11, destroying the one-million-square-foot facility and sending a large column of black smoke into the sky. The blaze started around 1 p.m. and prompted evacuations in the surrounding area.

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China: Wedding Feast Carries On as Heavy Rain Floods Venue in Shaanxi

This unforgettable scene was captured in Weinan, Shaanxi Province, on May 18, 2026. It looks like a party on a river, but it’s actually an outdoor wedding feast. A sudden heavy downpour flooded the square with dozens of centimeters of water. Relatives and friends sit around dozens of round tables, watching the ceremony and waiting for the meal. Thankfully, the organizers set up cozy canopies and fences, keeping guests dry. Rain can’t stop love and blessings—everyone shows up in the storm to celebrate the newlyweds.

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New Zealand: Landslide Hits Mount Maunganui 3

Six people, including two teenagers, are missing after a major landslide struck a local campground in Mount Maunganui on Thursday, January 22. Police are also seeking information on three others as search and rescue operations continue in a dangerous environment, with authorities describing the incident as a national tragedy and the community rallying to support affected families.

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Philippines: Typhoon Kalmaegi Triggers Severe Flooding, Displacing Thousands 2

Severe flooding has submerged towns and displaced hundreds of thousands as Typhoon Kalmaegi battered the central Philippines. Rivers overflowed in Cebu and nearby islands, forcing residents onto rooftops while cars and containers were swept through the streets. Local officials said some evacuation centers were inundated, and many survivors of a recent earthquake had to be evacuated again. More than 380,000 people fled their homes across the Visayas, southern Luzon, and northern Mindanao. Kalmaegi, locally named Tino, made landfall late Monday, November 3 with winds of up to 130 kph before moving toward the South China Sea on Tuesday, November 4.

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China: Tourists and Locals Rescue Yaks from Mud Pit in Qinghai

In Qinghai, China, tourists and locals joined forces with an excavator operator to rescue four yaks stuck in deep mud on September 30, 2025. After spotting the trapped animals, the tourists alerted a herdsman and enlisted help from a nearby construction site. Working for nearly an hour, they freed all four yaks safely. The herdsman said the rescue prevented losses of over RMB 40,000.

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US: North Dakota Sees Powerful Winds Amid Tornado-Producing Storm

Severe weather swept across the upper Midwest on Friday, June 20, bringing powerful winds and leaving at least 3 dead in North Dakota as a tornado ripped through the area.

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China: Typhoon Wutip Darkens Hainan Skies Ahead of Landfall in Hainan

This is the terrifying moment a massive wall of dark clouds engulfed the skies over Hainan as Typhoon Wutip approached southern China. On June 11, 2025, in Hainan, China, video captured thick, menacing clouds rolling in ahead of Typhoon Wutip's landfall. The sky turned eerily dark as the season’s first typhoon neared, creating a heavy, ominous atmosphere. The storm made landfall around 11 p.m. on June 13 along the coast of Dongfang, a city in Hainan, with winds reaching up to 30 meters per second and a central pressure of 980 hPa. Heavy rain swept through southern parts of the island, with some areas experiencing torrential downpours and localized extreme rainfall. According to China National Radio, by June 15, Typhoon Wutip had weakened into a tropical depression after moving inland into Jiangxi Province, and continued to lose strength. The video ends with the storm clouds blanketing the landscape as residents brace for the typhoon’s impact.

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Japan: Heavy Snowfall Hits Sea Of Japan Coast 4

Heavy snowfall has battered a wide area of Japan, especially the Hokuriku region along the Sea of Japan coast. This video shows blizzard conditions in the city Otaru, Hokkaido.

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US: EF-1 Tornado Touches Down In Athens, AL, Leaving Devastating Damage

The National Weather Service in Huntsville has confirmed that an EF-1 tornado touched down in downtown Athens, Alabama, on Saturday night, December 28.

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Philippines: Typhoon Yinxing Makes Landfall In Cagayan, Damaging Infrastructure 3

Typhoon Yinxing, known as Marce in the Philippines, made landfall near Santa Ana, Cagayan, on Thursday afternoon, November 7, forcing more than 21,000 people to evacuate and damaging two domestic airports and homes. Telecommunications and power supplies have remained down due to damaged cables and power lines, severely affecting residents in the affected areas.

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Philippines: Typhoon Yinxing Makes Landfall In Cagayan, Damaging Infrastructure 2

Typhoon Yinxing, known as Marce in the Philippines, made landfall near Santa Ana, Cagayan, on Thursday afternoon, November 7, forcing more than 21,000 people to evacuate and damaging two domestic airports and homes. Telecommunications and power supplies have remained down due to damaged cables and power lines, severely affecting residents in the affected areas.

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Thailand: Overflowing Of Ping River Causes Flooding In Chiang Mai Amid Rainy Season 3

Water levels in the Ping River rose, causing severe flooding across Chiang Mai on September 25 and affecting infrastructure. Small vehicles were stranded on flooded roads, and local shops and stalls were forced to close.

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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Finance ministry forecast

27.08.2024, Tallinn. The Ministry of Finance published its summer economic outlook, which predicts the anticipated revival in external demand in the second half of this year will also be reflected in Estonia's export volumes recovering. The forecast was introduced by Minister of Finance Jürgen Ligi, head of the fiscal policy department Raoul Lättemäe and head of the Public Finance Service Kadri Klaos Photo Mihkel Maripuu, Postimees

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US: Beryl Causes Widespread Power Outages And Flooding, Leaves Multiple Dead In Texas 4

Beryl has weakened into a tropical storm after making landfall as a category 1 hurricane near Matagorda in Texas, on Monday, July 8, shortly before 4 a.m. local time. The hurricane caused power outages and life-threatening flooding and left multiple dead in Houston and the surrounding areas.

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Swedish central bank cuts interest rate amid weak economy

STORY: Swedish central bank cuts interest rate amid weak economy SHOOTING TIME: May 8, 2024 DATELINE: May 9, 2024 LENGTH: 00:01:31 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Sweden's central bank 2. various of Stockholm street STORYLINE: Amid weak economic activity, Sweden's central bank lowered its benchmark interest rate from 4 percent to 3.75 percent on Wednesday. This is the first rate cut in eight years. The Riksbank said the change to the policy rate will apply from May 15. The Riksbank's executive board said that if the outlook for inflation still holds, two more policy rate cuts can be expected in the second half of the year. "It was expected. They cut the interest rate because inflation is sinking towards the target even faster than the Riksbank had predicted, and the economy is weak," said Alexander Noren, an economic commentator on Swedish Television (SVT). "However, they will proceed carefully and not spring any surprises," Noren added. "I am totally convinced

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US: Days-Long Winter Storm Dumps Heavy Snow On Sierra Nevada, Closing Roads, Schools

A days-long winter storm dumped heavy snow on the Sierra Nevada, closing major highways, ski resorts, and schools in parts of California. More than 10 feet of snow and hurricane-force wind gusts of 170 mph-plus were reported.

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US: Strong Winter Storm Brings Blizzard Conditions To Sierra Nevada

A strong winter storm hit the Sierra Nevada on Friday, March 1, bringing heavy snow and high winds. Blizzard Warnings were issued for the Sierra, including Lake Tahoe and eastern Nevada. The Sierra Avalanche Center warned that the danger of avalanches was high. Yosemite National Park and many ski resorts in the region announced they were closing at least for the day.

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Lebanon: Israel Carries Out Airstrikes Near Sidon

Israel carried out 2 airstrikes targeting alleged Hezbollah weapons warehouse locations near Sidon on Monday, February 19. Lebanese state-run National News Agency reported that "Israeli warplanes carried out strikes on the town of Ghaziyeh". The Israeli army said that the attack was in "response to to the explosion of an enemy drone, the wreckage of which was found near the Tiberias area this afternoon." This live footage shows smoke billowing as seen from Sidon.

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World Bank says Indian economy to grow at 6.3 pct in FY 2023-24

STORY: World Bank says Indian economy to grow at 6.3 pct in FY 2023-24 DATELINE: Oct. 5, 2023 LENGTH: 00:01:39 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market 3. various of crop fields and crop harvesting STORYLINE: The World Bank Tuesday said the Indian economy is projected to grow at 6.3 percent in the current financial year. The international financial institution, in its report, said India continues to show resilience against the backdrop of a challenging global environment. India Development Update (IDU), the World Bank's half-yearly report on the Indian economy, observes that despite significant global challenges, India was one of the fastest-growing major economies in FY22-23 at 7.2 percent. "India's growth rate was the second highest among G20 countries and almost twice the average for emerging market economies. This resilience was underpinned by robust domestic demand, strong public infrastructure investment and a strengthening financial s

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Customers experience a Mate 60 Pro phone at a Huawei store in Hangzhou, East China's Zhejiang province, Sept 14, 2023. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Photo taken on September 14, 2023 shows the Mate 60 Pro phone at the Hangzhou store in Hangzhou, Zhejiang province, China. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Customers experience a Mate 60 Pro phone at a Huawei store in Hangzhou, East China's Zhejiang province, Sept 14, 2023. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Customers experience a Mate 60 Pro phone at a Huawei store in Hangzhou, East China's Zhejiang province, Sept 14, 2023. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Customers experience a Mate 60 Pro phone at a Huawei store in Hangzhou, East China's Zhejiang province, Sept 14, 2023. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Customers experience a Mate 60 Pro phone at a Huawei store in Hangzhou, East China's Zhejiang province, Sept 14, 2023. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Photo taken on September 14, 2023 shows the Mate 60 Pro phone at the Hangzhou store in Hangzhou, Zhejiang province, China. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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Huawei Mate 60pro Phone in Short Supply in China

HANGZHOU, CHINA - SEPTEMBER 14, 2023 - Customers experience a Mate 60 Pro phone at a Huawei store in Hangzhou, East China's Zhejiang province, Sept 14, 2023. According to people close to Huawei, the performance of Mate 60 series mobile phones exceeded expectations, and Huawei increased the shipment target of this series of mobile phones by 20% in the second half of the year, and Huawei shipped at least 40 million new machines throughout the year.

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China's GDP expands 5.5 pct in H1

STORY: China's GDP expands 5.5 pct in H1 DATELINE: July 17, 2023 LENGTH: 00:00:51 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE (Chinese): FU LINGHUI, Spokesperson of National Bureau of Statistics STORYLINE: China's gross domestic product (GDP) grew 5.5 percent year on year in the first half (H1) of 2023, data from the National Bureau of Statistics (NBS) showed Monday. SOUNDBITE (Chinese): FU LINGHUI, Spokesperson of National Bureau of Statistics "GDP in the first half of this year reached 59.3034 trillion yuan (about 8.3 trillion U.S. dollars), up 5.5 percent year on year calculated at the constant price, or one percentage point faster than Q1. By industry, the value added of the primary industry was 3.0416 trillion yuan, up by 3.7 percent year on year, the secondary industry was 23.0682 trillion yuan, up by 4.3 percent, and the tertiary industry was 33.1937 trillion yuan, up by 6.4 percent. By quarter, GDP grew by 4.5 percent year on year in the first quarter and 6.3 percent in the second q

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Malaysia to see stable consumer growth across H2 and 2024: research house

STORY: Malaysia to see stable consumer growth across H2 and 2024: research house DATELINE: July 13, 2023 LENGTH: 00:01:30 LOCATION: Kuala Lumpur CATEGORY: ECONOMY SHOTLIST: 1. various of Malaysia's national flag and Kuala Lumpur Twin Towers 2. various of crowds at an exhibition hall 3. various of crowds doing their grocery shopping at a supermarket 4. various of customers paying at the counter STORYLINE: BMI, a unit of Fitch Solutions, said Wednesday that it holds a positive outlook for consumer spending in Malaysia over the rest of 2023, as the economic recovery feeds into strong real consumer spending growth over the full year. The research house said in a note that it expects the Southeast Asian country's household spending to grow 5 percent in 2023. It opined that easing inflation will feed into the consumer spending outlook over the second half of this year. It noted that real household spending in 2023 will improve to 866.6 billion ringgit (186.29 billion U.S. dollars), beyond pre-pandemic levels

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Indonesian expert warns of early arrival of El Nino

STORY: Indonesian expert warns of early arrival of El Nino DATELINE: June 27, 2023 LENGTH: 00:04:19 LOCATION: Jakarta CATEGORY: ENVIRONMENT SHOTLIST: 1. various of BMKG 2. various of streets in Jakarta 3. SOUNDBITE (English): ARDHASENA SOPAHELUWAKAN, Head of Center for Applied Climate Information Services at BMKG STORYLINE: Indonesia's meteorology, climatology and geophysical agency BMKG has announced that the Southeast Asian country is expected to experience El Nino phenomenon in the second half of this year with its peak coming in August. Earlier this month, Agriculture Minister Syahrul Yasin Limpo said that extreme hot weather caused by El Nino phenomenon is predicted to drag up to 870,000 hectares of agricultural lands in Indonesia into drought and crop failures. SOUNDBITE (English): ARDHASENA SOPAHELUWAKAN, Head of Center for Applied Climate Information Services at BMKG "Basically El Nino is an interesting phenomenon. It's a coupled ocean and atmosphere phenomenon so when this large mass of warm oce

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Up to 870,000 hectares of land face drought in Indonesia due to El Nino

STORY: Up to 870,000 hectares of land face drought in Indonesia due to El Nino DATELINE: June 15, 2023 LENGTH: 00:01:12 LOCATION: WEST SUMATRA, Indonesia CATEGORY: ENVIRONMENT/ECONOMY SHOTLIST: 1. various of fields in West Sumatra, Indonesia STORYLINE: Extreme hot weather caused by El Nino phenomenon is predicted to drag up to 870,000 hectares of agricultural lands in Indonesia into drought and crop failures, Agriculture Minister Syahrul Yasin Limpo said Tuesday. "The extreme El Nino has the potential to cause not only drought, but also crop failures, land fires and pest attacks, for 560,000 to 870,000 hectares of agricultural lands across the country," Limpo said during a parliamentary hearing in Jakarta. Indonesia's meteorology, climatology and geophysical agency BMKG has previously announced that the Southeast Asian country is expected to experience El Nino phenomenon in the second half of this year with its peak coming in August. Limpo said that in order to reduce negative consequences and maintain

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China, India "two exceptions" to global slowdown this year: World Bank chief

STORY: China, India "two exceptions" to global slowdown this year: World Bank chief DATELINE: April 12, 2023 LENGTH: 00:02:06 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of World Bank Group President David Malpass in conversation with IMF Managing Director Kristalina Georgieva 2. various of IMF headquarters during spring meetings STORYLINE: China and India are "two exceptions to the slowdown" that the global economy is expected to experience this year, World Bank Group President David Malpass has said. Malpass made the remarks in a media call ahead of the International Monetary Fund and World Bank Spring Meetings week, according to a press release posted at the worldbank.org on Monday. "Global growth is expected to be weak this year, slowing to 2 percent from 3.1 percent in 2022. For the U.S., we're expecting a slowdown to 1.2 percent from 2.1 percent in 2022," said Malpass. "Several factors are weighing on the second half outlook: Oil prices have jumped back above 80 U.S. dollars a

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(2)Business leaders expect recovery in 2nd half of 2005

TOKYO, Japan - Hiroshi Okuda (R), chairman of the Japan Business Federation, Nobuo Yamaguchi (C), chairman of the Japan Chamber of Commerce and Industry, and Kakutaro Kitashiro (R)), chairman of the Japan Association of Corporate Executives, give a joint press conference in Tokyo on Jan. 5. The heads of Japan's three largest business organizations said that they expect to see a domestic economic recovery in the second half of this year.

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Malaysia's budget AirAsia set to stir Japan's travel scene

SEPANG, Malaysia - Azran Osman Rani, chief executive officer of Malaysia's fast-growing long-haul budget airline AirAsia X, listens to question from reporters during an interview with Kyodo News in Sepang on the outskirts of Malaysia's capital city Kuala Lumpur, on Jan. 14, 2010. He said AirAsia X plans to extend its low-cost service to Japan, possibly by the second half of this year.

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Ex-Geneva envoy Oshima named as Japan ambassador to S. Korea: source

SEOUL, South Korean - The Japanese government has unofficially named Shotaro Oshima (file photo), former permanent representative to the international organizations in Geneva, as the new ambassador to South Korea, a diplomatic source said on June 8. Oshima will replace Toshiyuki Takano, who has been assigned to the post since January 2003, in the second half of this year, the source said.

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Japan business dons pin hope on 2nd-half recovery

The leaders of Japan's top four big-business groups hold a news conference in Tokyo on Jan. 5, voicing hope that the nation's economy will be put on a recovery track in the second half of this year, while expressing shock at a series of negative developments at the new year's onset. From left to right are Jiro Ushio, chairman of the Japan Association of Corporate Executives (Keizai Doyukai), Takashi Imai, chairman of the Federation of Economic Organizations (Keidanren), Jiro Nemoto, chairman of the Japan Federation of Employers Associations (Nikkeiren), and Kosaku Inaba, chairman of the Japan Chamber of Commerce and Industry.

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Italy's GDP expands 0.5 pct in Q3: ISTAT

STORY: Italy's GDP expands 0.5 pct in Q3: ISTAT DATELINE: Nov. 2, 2022 LENGTH: 0:01:12 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Italy's economic development STORYLINE: Italy's economic growth streak continued in the third quarter of this year, with the country registering 0.5 percent growth from the previous quarter, the government's main statistics entity reported Monday. According to the National Institute of Statistics (ISTAT), it was the seventh three-month period in a row that Italy's economy expanded. This growth started in the first quarter of last year, as the country began to recover from the worst part of the COVID-19 pandemic. ISTAT's preliminary data also showed that Italy's gross domestic product (GDP) was 2.6 percent higher at the end of the third quarter than the same period last year. However, the Italian economy slowed over the second half of this year, with higher energy prices and global supply chain issues sparked by the conflict between Russia and Ukraine exerting a

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Pilot FTZs gear up China's high-quality opening up

STORY: Pilot FTZs gear up China's high-quality opening up DATELINE: Oct. 29, 2022 LENGTH: 00:02:47 LOCATION: HEFEI, China CATEGORY: ECONOMY SHOTLIST: 1. various of general views in China 2. SOUNDBITE 1 (Chinese): GRACE TAO, Global Vice President of Tesla 3. SOUNDBITE 2 (Chinese): DAVID SANCHEZ CASTANEDA, Sales Manager of Fujian Black Bean Technology Co., Ltd. 4. SOUNDBITE 3 (English): FAHEEM SARDAR, Senior policy specialist at Pakistan's national security division 5. SOUNDBITE 4 (English): OH EI SUN, Principal adviser for Malaysia's Pacific Research Center STORYLINE: In the Hefei area of the pilot free trade zone (FTZ) in China's Anhui, the construction of Volkswagen Anhui MEB (Modular Electric Drive Matrix) plant is in full swing, with mass production scheduled for 2023. Last month marked the second anniversary of the inauguration of the Anhui pilot FTZ. According to official data, in the first half of this year, the FTZ generated foreign trade of 95.93 billion yuan (about 13.38 billion U.S. dollars)

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GLOBALink | China's economy on more solid ground with steady Q3 growth

China's economy is on more solid ground in the third quarter of this year with major indicators showing positive signs of stabilization, backed by the country's efforts to balance epidemic control and economic and social development. According to the National Bureau of Statistics (NBS), China's gross domestic product (GDP) grew 3.9 percent year on year to 30.76 trillion yuan (about 4.32 trillion U.S. dollars) in the third quarter, 3.5 percentage points higher than that in the second quarter. The NBS said that in the first three quarters, China's GDP increased 3 percent year on year, 0.5 percentage points faster than that in the first half of 2022. The NBS said that many major economic indicators saw significant improvements compared with that in the second quarter, with production demand gradually recovering, and prices and employment remaining stable. Produced by Xinhua Global Service

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China's economy on more solid ground with steady Q3 growth

STORY: China's economy on more solid ground with steady Q3 growth DATELINE: Oct. 25, 2022 LENGTH: 00:00:50 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of Chinese economic activity STORYLINE: China's economy is on more solid ground in the third quarter of this year with major indicators showing positive signs of stabilization, backed by the country's efforts to balance epidemic control and economic and social development. According to the National Bureau of Statistics (NBS), China's gross domestic product (GDP) grew 3.9 percent year on year to 30.76 trillion yuan (about 4.32 trillion U.S. dollars) in the third quarter, 3.5 percentage points higher than that in the second quarter. The NBS said that in the first three quarters, China's GDP increased 3 percent year on year, 0.5 percentage points faster than that in the first half of 2022. The NBS said that many major economic indicators saw significant improvements compared with that in the second quarter, with production demand gradually recov

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Türkiye's economy grows 7.6 pct in Q2

STORY: Türkiye's economy grows 7.6 pct in Q2 DATELINE: Sept. 1, 2022 LENGTH: 0:00:56 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1 various of the port, seashore, market STORYLINE: According to the Turkish Statistical Institute on Wednesday, Türkiye's economy grew by 7.6 percent year on year in the second quarter. The country's GDP at current prices increased by 114.6 percent to 3.4 trillion Turkish liras (219.3 billion U.S. dollars) in the April-June period. Trade Minister Mehmet Mus tweeted that half of the growth stemmed from exports of goods and services. Household consumption surged by 22.5 percent compared with the same period last year, while the gross fixed capital formation increased 4.7 percent, and the government consumption spending 2.3 percent. The annual sectoral growth was 7.8 percent in industry and 18.1 percent in services in this period, but construction decreased 10.9 percent, and agriculture, forestry and fishing by 2.9 percent. With this growth, Türkiye became the second f

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China's offshore oil production platform completes float-over installation

STORY: China's offshore oil production platform completes float-over installation DATELINE: Aug. 2, 2022 LENGTH: 00:00:53 LOCATION: TIANJIN, China CATEGORY: TECHNOLOGY SHOTLIST: 1. various of the platform STORYLINE: The upper block of the Enping 15-1 central platform completed the overall float-over installation on Monday in the eastern waters of the South China Sea. Float-over installation is an efficient large-scale offshore platform installation method. The Enping 15-1 central platform stands in the waters with a depth of 88 meters. It is about 160 meters high from the bottom, with a total weight of more than 30,000 tonnes. The Enping 15-1 central platform is important offshore equipment of the Enping 15-1 oilfield group project. After the first phase of the project is put into use in the second half of this year, the daily oil production of the platform is expected to reach nearly 5,000 tonnes. Xinhua News Agency correspondents reporting from Tianjin, China. (XHTV)