EU upgrades Spain's GDP forecast for 2023

STORY: EU upgrades Spain's GDP forecast for 2023 DATELINE: May 17, 2023 LENGTH: 00:01:27 LOCATION: Madrid CATEGORY: ECONOMY SHOTLIST: 1. various of EU flags 2. various of automobile filling station 3. various of people at supermarkets 4. various of Spanish Ministry of Economy headquarters 5. various of people at supermarket STORYLINE: The European Commission (EC) on Monday raised its GDP growth forecast for Spain in 2023 by five-tenths, which stands at 1.9 percent. In the EC's Spring Macroeconomic Forecast, it downwardly revised Spain's inflation estimate to 4 percent, which is four-tenths lower than its previous winter projections. The Spanish economy posted growth of 5.5 percent in 2022. In the first quarter of this year, Spain's real GDP recorded a quarterly growth of 0.5 percent, largely driven by the contribution from external demand thanks to the solid performance of the tourism sector. Xinhua News Agency correspondents reporting from Madrid. (XHTV)

Gas prices hit record highs in Los Angeles, U.S.

STORY: Gas prices hit record highs in Los Angeles, U.S. DATELINE: Oct. 4, 2022 LENGTH: 00:01:14 LOCATION: LOS ANGELES, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of traffic on Los Angeles highway 2. various of price boards 3. various of gas stations in Los Angeles 4. various of vehicles refueling STORYLINE: Gasoline prices hit record highs on Monday in Los Angeles, in the western U.S. state of California, and the prices in neighboring counties including Riverside and Orange also set new records the same day or over the weekend. The average price of a gallon of self-serve regular gasoline in Los Angeles County rose seven-tenths of a cent to a record of 6.466 U.S. dollars Monday, topping the previous high of 6.462 dollars set on June 14, according to the AAA website. The average price was 62.6 cents more than one week ago, 1.202 dollars higher than one month ago and 2.05 dollars greater than one year ago. Riverside County set a record at 6.332 dollars overnight, and Orange County broke its record on Satu

Students promote tricky sake cup dating back to feudal era

Students promote tricky sake cup dating back to feudal era

Tsukasa Nakazawa, a student of Nagaoka University in the eastern Japan city of Nagaoka, shows on Dec. 15, 2015, a "jubunhai," a tricky sake cup that has a siphon inside an ornament at its center and is similar to a Greek Pythagorean cup. When sake is poured to fill more than eight-tenths of the cup's capacity, the liquid will leak out through a hole at its bottom. Nakazawa and other students from the university are promoting the cup as a tourism resource, as it was used in the Edo period (1603-1868) by local lords to urge thriftiness, but has since been forgotten. (Kyodo) ==Kyodo

Students promote tricky sake cup dating back to feudal era

Students promote tricky sake cup dating back to feudal era

Students of Nagaoka University in the eastern Japan city of Nagaoka show on Dec. 15, 2015, a "jubunhai," a tricky sake cup that has a siphon inside an ornament at center similar to a Greek Pythagorean cup. When sake is poured to fill more than eight-tenths of the cup's capacity, the liquid will leak out through a hole at its bottom. The students are promoting the cup as a tourism resource, as it was used in the Edo period (1603-1868) by local lords to urge thriftiness, but has since been forgotten. (Kyodo) ==Kyodo