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(FOCUS) CHINA-LIAONING-DALIAN-SUMMER DAVOS (CN)

(240626) -- DALIAN, June 26, 2024 (Xinhua) -- Delegates attend the parallel session "Generation Stagnation: Tackling Youth Unemployment" during the 2024 Summer Davos at the Dalian International Conference Center in Dalian, northeast China's Liaoning Province, June 26, 2024. The 15th Annual Meeting of the New Champions, also known as the Summer Davos, opened in northeast China's coastal city of Dalian on Tuesday. Featuring the theme "Next Frontiers for Growth," the event, held from June 25 to 27, gathers over 1,700 leading figures from the public and private sectors in more than 100 countries and regions to jointly explore new drivers and pathways for global economic growth. (Xinhua/Yang Qing)

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Sci-tech innovation boosts value of Ningxia's goji berries

STORY: Sci-tech innovation boosts value of Ningxia's goji berries SHOOTING TIME: April 4, 2024 DATELINE: May 10, 2024 LENGTH: 00:01:15 LOCATION: YINCHUAN, China CATEGORY: ECONOMY SHOTLIST: 1. various of goji berry fields in Ningxia 2. STANDUP 1 (English): ELBATOUL NEJJAOUI, Moroccan expat 3. various of the factory of Beryl Gojiberries Co., Ltd. 4. SOUNDBITE (Chinese): HAO XIANGFENG, President of the Ningxia Goji Berry Association and Beryl Gojiberries Co., Ltd. 5. STANDUP 2 (English): ELBATOUL NEJJAOUI, Moroccan expat STORYLINE: Northwest China's Ningxia is one of the country's major goji berry-producing regions STANDUP 1 (English): ELBATOUL NEJJAOUI, Moroccan expat "This red fruits in my hand are dried goji berries. They have many benefits such as protecting the liver, improving vision, and boosting immunity system, earning them the title of 'oriental super fruits'." In the past, Ningxia encountered stagnation in its goji berry industry due to limited processing capabilities Now the region is focus

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Lack of competition driving decline in Australian living standards, productivity: report

STORY: Lack of competition driving decline in Australian living standards, productivity: report SHOOTING TIME: March 29, 2024 DATELINE: March 30, 2024 LENGTH: 0:01:40 LOCATION: Canberra CATEGORY: SOCIETY SHOTLIST: 1. various of Australian Parliament House 2. various of flights (Virgin, Rex, Qantas) 3. various of Australian Banks (ANZ, Westpac, Commonwealth Bank) 4. various of Australian telecommunications companies (Telstra, Optus, Vodafone) STORYLINE: The living standards of Australians are under threat from a lack of competition in the private sector, a parliamentary inquiry has warned. In a report published on Wednesday, the federal parliament's bipartisan Standing Committee on Economics found that there has been a decline or stagnation in competition in Australia and a rise in market concentration across a range of sectors. It attributed the slowdown in Australia's productivity over the past decade to reduced competition, increased market concentration, slower private investment in new technology and

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Thai capital Bangkok reports unsafe levels of air pollution

STORY: Thai capital Bangkok reports unsafe levels of air pollution SHOOTING TIME: Feb. 15, 2024 DATELINE: Feb. 16, 2024 LENGTH: 00:01:23 LOCATION: Bangkok CATEGORY: ENVIRONMENT SHOTLIST: 1. various of Bangkok STORYLINE: Thailand's Pollution Control Department (PCD) reported unsafe levels of air pollution in all parts of Bangkok on Wednesday, prompting calls for remote work to combat excessive dust particles. Private sector and state agencies are urged to consider allowing their staff to work from home until the weekend as PM 2.5 pollution in the Thai capital and its surrounding areas is projected to worsen in the next two days due to air stagnation and increased fire hotspots, the PCD said in a statement. Unhealthy to very unhealthy levels of PM 2.5 pollutants, ranging from 58-105 micrograms per cubic meter, were detected in the Bangkok metropolitan region on Wednesday, according to the PCD. Governor Chadchart Sittipunt said the Bangkok Metropolitan Administration (BMA) also reached out to its agencies

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SYRIA-DAMASCUS-ECONOMIC SITUATION-EMERGENCY SESSION

(230724) -- DAMASCUS, July 24, 2023 (Xinhua) -- Syrian Prime Minister Hussein Arnous (C) speaks during an emergency session at the Syrian parliament in Damascus, Syria, on July 24, 2023. Syrian Prime Minister Hussein Arnous said on Monday that the country's economic turmoil is worsening as the national currency continues to depreciate. Arnous made the remarks during an emergency session to tackle the worsening economic situation, which he said has led to the distortion of the pricing mechanism, consequently causing high inflation and stagnation in many sectors. (Photo by Ammar Safarjalani/Xinhua)

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SYRIA-DAMASCUS-ECONOMIC SITUATION-EMERGENCY SESSION

(230724) -- DAMASCUS, July 24, 2023 (Xinhua) -- Syrian cabinet members and parliamentarians attend an emergency session at the Syrian parliament in Damascus, Syria, on July 24, 2023. Syrian Prime Minister Hussein Arnous said on Monday that the country's economic turmoil is worsening as the national currency continues to depreciate. Arnous made the remarks during an emergency session to tackle the worsening economic situation, which he said has led to the distortion of the pricing mechanism, consequently causing high inflation and stagnation in many sectors. (Photo by Ammar Safarjalani/Xinhua)

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SYRIA-DAMASCUS-ECONOMIC SITUATION-EMERGENCY SESSION

(230724) -- DAMASCUS, July 24, 2023 (Xinhua) -- Syrian cabinet members and parliamentarians attend an emergency session at the Syrian parliament in Damascus, Syria, on July 24, 2023. Syrian Prime Minister Hussein Arnous said on Monday that the country's economic turmoil is worsening as the national currency continues to depreciate. Arnous made the remarks during an emergency session to tackle the worsening economic situation, which he said has led to the distortion of the pricing mechanism, consequently causing high inflation and stagnation in many sectors. (Photo by Ammar Safarjalani/Xinhua)

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SYRIA-DAMASCUS-ECONOMIC SITUATION-EMERGENCY SESSION

(230724) -- DAMASCUS, July 24, 2023 (Xinhua) -- Syrian cabinet members and parliamentarians attend an emergency session at the Syrian parliament in Damascus, Syria, on July 24, 2023. Syrian Prime Minister Hussein Arnous said on Monday that the country's economic turmoil is worsening as the national currency continues to depreciate. Arnous made the remarks during an emergency session to tackle the worsening economic situation, which he said has led to the distortion of the pricing mechanism, consequently causing high inflation and stagnation in many sectors. (Photo by Ammar Safarjalani/Xinhua)

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UK economy stagnates in February amid impact of strikes

STORY: UK economy stagnates in February amid impact of strikes DATELINE: April 14, 2023 LENGTH: 00:01:54 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of bank of landmarks in London 2. various of London metro station 3. various of teachers' strikes and rail workers' strikes STORYLINE: The United Kingdom's (UK) economy recorded no growth in February as a wave of public sector strikes offset the growth in other sectors, according to data published by the Office for National Statistics (ONS) on Thursday. The services sector fell by 0.1 percent and production output by 0.2 percent, while the construction sector grew by 2.4 percent last month after a poor January, the ONS said. Darren Morgan, director of economic statistics at ONS, attributed the stagnation to the effects of civil service and teachers' strikes, which impacted the public sector, and an unseasonably mild weather, which led to falls in electricity and gas consumption. On the positive side, economic growth in January was revised up to

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Swiss bank strategist positive on outlook of China's economy in 2023

STORY: Swiss bank strategist positive on outlook of China's economy in 2023 DATELINE: Dec. 21, 2022 LENGTH: 0:01:13 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. STANDUP (English): MARTINA FUCHS, Xinhua correspondent 2. SOUNDBITE (English): LUCA PAOLINI, Chief strategist, Pictet Asset Management STORYLINE: STANDUP (English): MARTINA FUCHS, Xinhua correspondent "Hi everyone! I'm Martina Fuchs. As the year comes to an end, I spoke to Swiss private bank Pictet and the chief strategist of its asset management division about his growth outlook for China and the main drivers and challenges. Take a listen." SOUNDBITE (English): LUCA PAOLINI, Chief strategist, Pictet Asset Management "We believe that 2023 is going to be still a difficult year, slightly better than 2022. Inflation will come down a little bit, but there will be economic stagnation in developed economies. We believe that the Chinese economy will improve in 2023. We think that a growth of 5 percent is possible and achievable thanks

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Crime increasing in Kabul amid battered Afghan economy

KABUL, Afghanistan - A man speaks by a security shutter at his home in Kabul, mired in increasing crime amid economic stagnation, as seen in this file photo taken on March 16, 2014.

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Walter sees need of weaker yen

TOKYO, Japan - Norbert Walter, chief economist of Deutsche Bank Group, speaks in an interview with Kyodo News on July 2. Walter said the yen should be substantially weakened to 140 to the U.S. dollar to help Japan overcome economic stagnation and deflation as its structural reforms will not help support the economy in the immediate future.

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Koizumi tells new bureaucrats to revitalize gov't

TOKYO, Japan - Prime Minister Junichiro Koizumi addresses some 720 newly hired government officials at a ceremony in Tokyo on April 2, telling them to strive to overcome bureaucratic stagnation and revitalize the administration.

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UN agency warns of global recession induced by monetary policy in advanced economies

STORY: UN agency warns of global recession induced by monetary policy in advanced economies DATELINE: Oct. 5, 2022 LENGTH: 0:02:29 LOCATION: GENEVA, Switzerland CATEGORY: ECONOMY SHOTLIST: 1. various of UNCTAD video 2. various of streets, people walking and shopping and traffic in different countries 3. SOUNDBITE (English): REBECA GRYNSPAN, UNCTAD Secretary-General STORYLINE: Monetary policy moves in advanced economies risk pushing the world towards global recession and prolonged stagnation, inflicting worse damage than the 2008 financial crisis and the COVID-19 shock, the UN Conference on Trade and Development (UNCTAD) said on Monday. Rapid interest rate increases and fiscal tightening in advanced economies, combined with the crises resulting from the COVID-19 pandemic and the Ukraine conflict, have already turned a global slowdown into a downturn with the desired soft landing looking unlikely, said a UNCTAD report titled "Trade and Development Report 2022." In a decade of ultra-low interest rates, cen

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Somalia committed to tackling famine, terrorism, president tells UN General Assembly

STORY: Somalia committed to tackling famine, terrorism, president tells UN General Assembly DATELINE: Sept. 23, 2022 LENGTH: 00:02:41 LOCATION: UN Headquarters CATEGORY: POLITICS SHOTLIST: various of Somali President Hassan Sheikh Mohamud walking to rostrumSOUNDBITE 1 (English): HASSAN SHEIKH MOHAMUD, Somali Presidentvarious of Somali delegationSOUNDBITE 2 (English): HASSAN SHEIKH MOHAMUD, Somali PresidentSOUNDBITE 3 (English): HASSAN SHEIKH MOHAMUD, Somali President STORYLINE: Somali President Hassan Sheikh Mohamud on Thursday called on international partners to help the nation avert a looming famine and defeat terrorism. The president made the remarks at the general debate of the 77th session of the UN General Assembly. SOUNDBITE 1 (English): HASSAN SHEIKH MOHAMUD, Somali President "In Somalia, we are working tirelessly to transition from over two decades of devastating conflict, drought, famine and developmental stagnation to a new age of stability, progress and prosperity. However, despite our contin

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High prices on livestock deprive Palestinians of Eid al-Adha preparations

STORY: High prices on livestock deprive Palestinians of Eid al-Adha preparations DATELINE: July 8, 2022 LENGTH: 00:04:36 LOCATION: Jerusalem CATEGORY: SOCIETY/ECONOMY SHOTLIST: 1. various of a livestock farm in Ramallah city 2. SOUNDBITE 1 (Arabic): MOHAMMED HIJAWI, Ramallah-based owner of a livestock farm 3. various of a livestock farm in Gaza city 4. SOUNDBITE 2 (Arabic): MOHAMMED QAZAAT, Gaza-based owner of a livestock farm 5. various of public markets in Gaza 6. SOUNDBITE 3 (Arabic): SAMEH AL-AGHA, Gaza-based vendor 7. SOUNDBITE 4 (Arabic): IBRAHIM ABDUL AAL, Gaza-based resident STORYLINE: Palestinian markets witness sales stagnation ahead of Eid al-Adha which starts on July 9 in Palestine, as a result of the rocketing prices of goods. Mohammed Hijawi, a Ramallah-based owner of a livestock farm, owns about 600 sheep and 150 calves. However, he complained about the deterioration in the purchasing power of clients this year, noting that he was able to sell only 20 percent of the livestock stockpile

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Why pessimists are wrong about Chinese economy

STORY: Why pessimists are wrong about Chinese economy DATELINE: May 23, 2022 LENGTH: 00:02:42 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. aerial view of Chinese cities, banks 2. SOUNDBITE 1 (English): ANEEL SALMAN, Economist at Comsats University Islamabad 3. SOUNDBITE 2 (English): ANEEL SALMAN, Economist at Comsats University Islamabad 4. SOUNDBITE 3 (Chinese): JERRY ZHANG, Chief executive officer, Standard Chartered Bank (China) 5. SOUNDBITE 4 (English): BORGE BRENDE, World Economic Forum President STORYLINE: Amid the latest COVID-19 flare-ups in China, fallacies have emerged in the Western media, from hyping up China's suffering from a loss in foreign investment and supposed economic stagnation to accusing China of exacerbating the global supply chain crisis and drawing smaller economies into "debt traps." The ultimate goal of these bizarre claims is to discredit China's economy and its dynamic zero-COVID policy. SOUNDBITE 1 (English): ANEEL SALMAN, Economist at Comsats University Islamabad "T

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Koizumi tells new bureaucrats to revitalize gov't

TOKYO, Japan - Prime Minister Junichiro Koizumi addresses some 720 newly hired government officials at a ceremony in Tokyo on April 2, telling them to strive to overcome bureaucratic stagnation and revitalize the administration.

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Brazil faces challenges prior to summer Olympics

Photo taken in February 2016 shows the Olympic stadium in Rio de Janeiro. Concerns are growing in Brazil about a delay in construction of Games facilities as the nation tackles challenges prior to the summer Olympics such as the mosquito-borne Zika virus and economic stagnation. (Kyodo) ==Kyodo

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Brazil faces challenges prior to summer Olympics

Photo taken in February 2016 at the Ipanema beach in Rio de Janeiro shows a signboard alerting people to the mosquito-borne Zika virus. Brazil faces many challenges prior to the summer Olympics, including the infectious disease and economic stagnation. (Kyodo) ==Kyodo

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Walter sees need of weaker yen

TOKYO, Japan - Norbert Walter, chief economist of Deutsche Bank Group, speaks in an interview with Kyodo News on July 2. Walter said the yen should be substantially weakened to 140 to the U.S. dollar to help Japan overcome economic stagnation and deflation as its structural reforms will not help support the economy in the immediate future.