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Ultra Zero-Carbon Building - China

Ultra Zero-Carbon Building - China

This photo taken on Aug. 25, 2025 shows the world's first ultra zero-carbon building, the headquarters of EV charging pile network operator TELD New Energy, in Qingdao, east China's Shandong Province Equipped with cutting-edge high-tech solutions to achieve 100 percent green energy substitution, the building was put into operation Sunday in Qingdao. Photo by Zhang Jingang/Xinhua/ABACAPRESS.COM

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Ultra Zero-Carbon Building - China

Ultra Zero-Carbon Building - China

An aerial drone photo taken on Aug. 25, 2025 shows the world's first ultra zero-carbon building, the headquarters of EV charging pile network operator TELD New Energy, in Qingdao, east China's Shandong Province. Equipped with cutting-edge high-tech solutions to achieve 100 percent green energy substitution, the building was put into operation Sunday in Qingdao. Photo by Zhang Jingang/Xinhua/ABACAPRESS.COM

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Ultra Zero-Carbon Building - China

Ultra Zero-Carbon Building - China

An aerial drone photo taken on Aug. 25, 2025 shows the world's first ultra zero-carbon building, the headquarters of EV charging pile network operator TELD New Energy, in Qingdao, east China's Shandong Province. Equipped with cutting-edge high-tech solutions to achieve 100 percent green energy substitution, the building was put into operation Sunday in Qingdao. Photo by Zhang Jingang/Xinhua/ABACAPRESS.COM

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Ultra Zero-Carbon Building - China

Ultra Zero-Carbon Building - China

An aerial drone photo taken on Aug. 25, 2025 shows the world's first ultra zero-carbon building, the headquarters of EV charging pile network operator TELD New Energy, in Qingdao, east China's Shandong Province. Equipped with cutting-edge high-tech solutions to achieve 100 percent green energy substitution, the building was put into operation Sunday in Qingdao. Photo by Zhang Jingang/Xinhua/ABACAPRESS.COM

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US: Smoke From Table Rock Fire Spreads Over Nature Preserve in South Carolina

The Table Rock Fire in Pickens County, South Carolina Upstate, continued to burn, resulting in over 1,100 acres burned with zero percent containment as of Tuesday, March 25. Governor Henry McMaster has declared a state of emergency. Authorities have accused four teenagers of starting the fire. This video shows the substantial smoke from the Table Rock Fire, as seen at Bunched Arrowhead Heritage Preserve.

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US: Palisades Fire Visible From Flights Near LAX 6

Huge plumes of smoke were visible from flights arriving at and departing from Los Angeles International Airport (LAX) as wildfires have raged across Los Angeles County since Tuesday, January 7. The Palisades Fire has scorched over 19,000 acres, destroyed thousands of structures and remains zero percent contained as of Thursday.

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Japan PM Kishida

Japan PM Kishida

Japanese Prime Minster Fumio Kishida speaks to the press at the premier's office in Tokyo on July 31, 2024, after the Bank of Japan raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent at its policy-setting meeting.

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BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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Japan PM Kishida

Japan PM Kishida

Japanese Prime Minster Fumio Kishida speaks to the press at the premier's office in Tokyo on July 31, 2024, after the Bank of Japan raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent at its policy-setting meeting.

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Dollar at 150 yen level

Dollar at 150 yen level

A financial monitor in Tokyo on July 31, 2024, shows the dollar trading in the 150 yen range, down from over 153 yen, after the Bank of Japan's announcement that it will raise its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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BOJ policy-setting meeting

BOJ policy-setting meeting

Bank of Japan Governor Kazuo Ueda speaks at a press conference at the central bank's headquarters in Tokyo on July 31, 2024, following a two-day policy-setting meeting. The BOJ raised its key short-term interest rate to around 0.25 percent from a range of zero to 0.1 percent.

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China-EU green energy partnership drives sustainable development across borders

STORY: China-EU green energy partnership drives sustainable development across borders SHOOTING TIME: FILE DATELINE: May 5, 2024 LENGTH: 00:02:24 LOCATION: Beijing CATEGORY: ECONOMY/TECHNOLOGY/ENVIRONMENT SHOTLIST: 1. various of new energy projects conducted by China 2. various of Grid connection ceremony of Senj Wind Farm project 3. SOUNDBITE 1 (English): BARBARA FREI, Executive Vice President of Schneider Electric 4. SOUNDBITE 2 (English): FATIH BIROL, Executive Director of the International Energy Agency (IEA) 5. various of new energy projects conducted by China STORYLINE: China's rapid progress in the renewable energy sector has played a pivotal role in advancing the European Union's (EU) green transition. The European Green Deal, proposed by the European Commission and introduced in 2019, targeted net-zero greenhouse gas emissions by 2050. To achieve this, the EU has pledged to increase the binding renewable energy share to at least 42.5 percent by 2030. In fact, many European countries have reaped

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Bank of Japan keeps interest rate unchanged, yen sinks below 156

STORY: Bank of Japan keeps interest rate unchanged, yen sinks below 156 SHOOTING TIME: file DATELINE: April 27, 2024 LENGTH: 00:01:37 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of Japan 2. various of city view in Tokyo 3. various of fresh food in supermarkets 4. various of city view in Tokyo STORYLINE: The Japanese central bank on Friday maintained its policy rate unchanged after wrapping up its two-day policy meeting, which sent the Japanese yen to its fresh 34-year low past the 156 line. The Bank of Japan (BOJ) decided to guide short-term interest rates in a range of zero and 0.1 percent, a month after it ended the negative interest rate policy in its first rate hike in 17 years. The announcement weakened the country's currency against the U.S. dollar to the lowest level since May 1990, raising the risk of forex intervention by Japanese authorities. The BOJ, which also maintained its policy regarding government bond buying, said the country's core inflation, which excludes volatile

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Japan's population falls below 125 million

STORY: Japan's population falls below 125 million SHOOTING TIME: Earlier footage DATELINE: April 13, 2024 LENGTH: 00:00:46 LOCATION: Tokyo CATEGORY: SOCIETY SHOTLIST: 1. various of street view in Tokyo STORYLINE: Japan's population, including non-Japanese residents, fell by 595,000, or 0.48 percent, from a year earlier to 124,352,000 as of Oct. 1, 2023, down for the 13th consecutive year, government data showed Friday. The population of Japanese nationals dropped by 837,000, or 0.69 percent, to 121,193,000, marking the steepest fall since comparable data became available in 1950, according to a demographic survey by the Ministry of Internal Affairs and Communications. The number of people aged 75 or above rose 713,000 to about 20.08 million, topping the 20 million mark for the first time, while those aged from zero to 14 fell 329,000 to about 14.17 million, or 11.4 percent of the total population, the lowest ever, data showed. Meanwhile, the foreign national population gained by 243,000 to about 3.16 mi

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EVs account for 3 pct of all cars on British roads: report

STORY: EVs account for 3 pct of all cars on British roads: report SHOOTING TIME: Jan. 23, 2024 DATELINE: Feb. 7, 2024 LENGTH: 00:01:32 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of street views in London 2. various of petrol station STORYLINE: Britain will lag in the slow lane for tackling climate change if more people fail to switch to electric vehicles (EVs), with EVs currently making up only 3 percent of all cars in the country, a parliamentary inquiry warned Tuesday. The House of Lords Environment and Climate Change Committee said the country's EV strategy needs a rapid recharge. "A successful transition to electric vehicles is essential if the government is to meet its legally binding net-zero target by 2050," according to the committee's report. Kate Parminter, chair of the committee, said: "Surface transport is the UK's highest emitting sector for CO2, with passenger cars responsible for over half those emissions." Initially, the British government had intended to phase out

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Existing technologies can halve Australia's emissions by 2030: report

STORY: Existing technologies can halve Australia's emissions by 2030: report SHOOTING TIME: Dec. 2, 2023 DATELINE: Dec. 2, 2023 LENGTH: 00:00:34 LOCATION: Canberra CATEGORY: ENVIRONMENT SHOTLIST: 1. various of petrol stations 2. various of solar panels 3. various of vehicles STORYLINE: Existing technologies will enable Australia to halve its greenhouse gas emissions from 2020 levels by 2030, a report by the national science agency has found. According to the report, which was published by the Commonwealth Scientific and Industrial Research Organisation (CSIRO) on Friday, that under a rapid decarbonization scenario, Australia could reduce emissions by 52 percent from 2020 levels by 2030 without relying on technological advancements. The report charts key milestones Australia must hit in 10-year timestep in order for the country to achieve net zero emissions by 2050 and help limit global warming to 1.5 degrees Celsius above pre-industrial levels. It warns that technologies currently in early deve

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Swedish central bank announces rate hike of 25 basis points

STORY: Swedish central bank announces rate hike of 25 basis points DATELINE: June 30, 2023 LENGTH: 00:01:48 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Sweden's central bank 2. various of street views in Stockholm 3. various of a gas station STORYLINE: Sweden's central bank on Thursday announced a 25 basis point hike of its benchmark interest rate to 3.75 percent -- a level not seen since 2008. It is the seventh consecutive rate hike by the Riksbank since May last year. Before this round of interest rate hikes, the policy rate in Sweden had been at zero or sub-zero for more than seven years. Another increase is also likely to come before the end of the year, the Riksbank said in a press release. Inflation in the country stood at 9.7 percent in May, according to Statistics Sweden. Although it is falling, the rate is still "far too high," the bank said. The unexpected rapid rise in service prices, which may reflect demand pressures in parts of the Swedish economy, is the mai

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Chinese importer expects better development in trade between China, Ecuador

STORY: Chinese importer expects better development in trade between China, Ecuador DATELINE: May 16, 2023 LENGTH: 00:01:37 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the signing ceremony 2. various of views in Ecuador 3. SOUNDBITE (Chinese): ZHENG JIAYUAN, Managing director of Guangdong Guotong Super Cold Chain Co., Ltd. 4. various of views in the company 5. various of views in Ecuador STORYLINE: China and Ecuador signed a free trade agreement (FTA) last week to boost bilateral trade and business ties. Once the FTA goes into effect, as much as 90 percent of the goods traded between China and Ecuador will be exempted from tariffs, while 60 percent of them will enjoy zero tariffs immediately, according to the deal. A Chinese importer said he expects better development in trade between the two countries. SOUNDBITE (Chinese): ZHENG JIAYUAN, Managing director of Guangdong Guotong Super Cold Chain Co., Ltd. "We search for good-quality products worldwide to import to China. Ecuador is

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CHINA-TIANJIN-PORT-THROUGHPUT-Q1 (CN)

CHINA-TIANJIN-PORT-THROUGHPUT-Q1 (CN)

(230411) -- TIANJIN, April 11, 2023 (Xinhua) -- This aerial photo taken on April 6, 2023 shows a container ship at the smart zero-carbon terminal of Tianjin Port in north China's Tianjin. North China's Tianjin Port handled approximately 5.047 million twenty-foot equivalent units (TEUs) of containers in the first three months of 2023, up 9.09 percent year on year. (Photo by Han Xilong/Xinhua)

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CHINA-TIANJIN-PORT-THROUGHPUT-Q1 (CN)

CHINA-TIANJIN-PORT-THROUGHPUT-Q1 (CN)

(230411) -- TIANJIN, April 11, 2023 (Xinhua) -- This aerial photo taken on April 6, 2023 shows a container ship at the smart zero-carbon terminal of Tianjin Port in north China's Tianjin. North China's Tianjin Port handled approximately 5.047 million twenty-foot equivalent units (TEUs) of containers in the first three months of 2023, up 9.09 percent year on year. (Photo by Han Xilong/Xinhua)

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Tunisia sees more zero-balance savers with soaring household expenses

STORY: Tunisia sees more zero-balance savers with soaring household expenses DATELINE: Feb. 23, 2023 LENGTH: 00:00:52 LOCATION: Tunis CATEGORY: ECONOMY SHOTLIST: 1. various of Tunisian central bank 2. various of several banks in Tunis 3. various of street view in Tunis STORYLINE: The Tunisian central bank stated in mid-February that since 2021, the consumption expenditure of ordinary households has continued to rise, and more than 60 percent of families in the country have loans from more than one bank. The central bank said that due to the high pressure of life, people withdraw money immediately after paying wages and more and more depositors have zero account balances. In recent years, Tunisia's economic situation has been deteriorating while the prices have continued to rise. Inflation has repeatedly hit new highs, and the purchasing power of ordinary people has dropped sharply. According to the Global Risk Report 2023 released by the World Economic Forum, Tunisia will face debt crisis, shortage of d

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China's GDP growth slows to 3.0% in 2022

China's GDP growth slows to 3.0% in 2022

Journalists receive China's gross domestic product data for 2022 at its National Bureau of Statistics in Beijing on Jan. 17, 2023. China's economy expanded 3.0 percent in the year, showing a significant deceleration from 8.4 percent growth in 2021 due to the nation's stringent "zero-COVID" policy.

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China's GDP growth slows to 3.0% in 2022

China's GDP growth slows to 3.0% in 2022

Journalists await the release of China's gross domestic product data for 2022 outside its National Bureau of Statistics building in Beijing on Jan. 17, 2023. China's economy expanded 3.0 percent in the year, showing a significant deceleration from 8.4 percent growth in 2021 due to the nation's stringent "zero-COVID" policy.

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Shirakawa at BOJ's Police Board meeting

Shirakawa at BOJ's Police Board meeting

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa attends a Policy Board meeting at the BOJ head office in Tokyo on Oct. 5, 2012. The BOJ's Policy Board voted unanimously to maintain its key short-term interest rate at around zero to 0.1 percent. (Pool photo by Kyodo News)

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BOJ Governor Shirakawa

BOJ Governor Shirakawa

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa speaks during a press conference at the BOJ's head office in Tokyo on Oct. 7, 2011, at the end of the central bank's two-day policy meeting. During the meeting, the BOJ decided to leave its policy rate unchanged, effectively at zero percent.

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Nissan's EV Leaf

Nissan's EV Leaf

YOKOHAMA, Japan - Toshiyuki Shiga, chief operating officer of Nissan Motor Co., introduces its Leaf electric vehicle at its head office in Yokohama on Dec. 3, 2010. The automaker plans to begin selling the EV, which Nissan describes as 100 percent electric and zero-emission, on Dec. 20 in Japan, later in the month in the United States and in early 2011 in Europe.

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Nissan's EV Leaf

Nissan's EV Leaf

YOKOHAMA, Japan - Nissan Motor Co. unveils the Leaf electric vehicle at its head office in Yokohama on Dec. 3, 2010. The automaker plans to begin sales of the EV, which Nissan describes as 100 percent electric and zero-emission, on Dec. 20 in Japan, later in the month in the United States and in early 2011 in Europe.

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BOJ keeps rate

BOJ keeps rate

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa leaves a press conference following the central bank's Policy Board meeting on Nov. 5, 2010, in Tokyo. The BOJ held its key interest rate steady around zero to 0.1 percent.

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Fukui expresses intention to keep very low interest rates for now

Fukui expresses intention to keep very low interest rates for now

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui listens to a media question during a press conference he held after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14.

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Fukui expresses intention to keep very low interest rates for now

Fukui expresses intention to keep very low interest rates for now

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui gives a press conference after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14.

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Mosquito Fire in California spreads to over 33,000 acres

STORY: Mosquito Fire in California spreads to over 33,000 acres DATELINE: Sept. 11, 2022 LENGTH: 00:02:13 LOCATION: SAN FRANCISCO, U.S. CATEGORY: SOCIETY SHOTLIST: 1. various of wildfire scenes and firefighting efforts STORYLINE: The explosive Mosquito Fire burning in the foothills east of Sacramento, capital city of the western U.S. state of California, grew to over 33,700 acres as of Saturday evening with zero percent of containment. California Governor Gavin Newsom on Sept. 8 declared a state of emergency for El Dorado and Placer counties due to the Mosquito Fire. Some 1,700 personnel were assigned to the huge wildfire, according to the California Department of Forestry and Fire Protection (Cal Fire). Xinhua News Agency correspondents reporting from San Francisco, U.S. (XHTV)

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Extreme drought conditions persist in California

STORY: Extreme drought conditions persist in California DATELINE: July 3, 2022 LENGTH: 00:01:32 LOCATION: FERNLEY, U.S. CATEGORY: ENVIRONMENT SHOTLIST: 1. various of Pyramid Lake amid drought 2. SOUNDBITE (English): CHRIS JONES, Data analyst based in Reno City STORYLINE: The latest data released by the U.S. Drought Monitor (USDM) showed that California remained mired in extreme drought conditions when the most populous state in the United States entered its tenth month of the 2022 water year. In total, 97.5 percent of the state's land area is in at least "severe" drought status, 59.8 percent in at least "extreme" drought and the driest 11.6 percent in "exceptional" drought, according to the USDM's weekly report update released on Thursday. From January through March 2022, California has only received about half the amount of rainfall recorded in comparison to 2013, which ended up turning into the driest calendar year on record, media reported. In addition, snowpack melted to zero in the souther

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- An employee of Tilos island municipality holds medicine packages to be processed at the recycling center of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- An employee of Tilos island municipality works at the recycling center of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- A resident carries a bag of recycled waste on the island of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- An employee works by the batteries of the energy storage system on the island of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- Employees of Tilos island municipality sort recycled waste at the recycling center of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- Employees of Tilos island municipality collect recycled waste on the island of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- Employees of Tilos island municipality collect recycled waste on the island of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- An employee works by the batteries of the energy storage system on the island of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

GREECE-TILOS-RENEWABLE ENERGY-ZERO WASTE

(220511) -- ATHENS, May 11, 2022 (Xinhua) -- Maria Kamma Aliferi, mayor of Tilos island, charges an electric car on the island of Tilos, Greece, May 9, 2022. Tilos, a small island at the southeastern Aegean with over 500 residents, is the first island in Greece to rely entirely on renewable energy to meet its energy needs. After being self-sufficient in energy through wind and solar power, the island, with about 80 percent of its waste now recycled, also aims to become a "zero waste" island. (Photo by Marios Lolos/Xinhua)

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Sweden raises benchmark rate to 0.25 pct

STORY: Sweden raises benchmark rate to 0.25 pct DATELINE: April 29, 2022 LENGTH: 00:01:24 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of the Riksbank, Sweden's central bank 2. press release from the Riksbank 3. street view of Stockholm 4. various of a shopping mall 5. various of a supermarket 6. various of Statistics Sweden STORYLINE: The Riksbank, Sweden's central bank, on Thursday raised its key interest rate from zero to 0.25 percent effective May 4 to counter soaring inflation. It was the first time the rate was in positive territory since September 2014. The bank's Executive Board aims to gradually raise the rate to "somewhat below 2 percent" two or three more times this year, according to a press release. The Riksbank justified the move by recalling that inflation has surged to its highest level since the 1990s and that it is expected to remain high "for some time." According to the Riksbank's projections, Sweden's gross domestic product (GDP) will expand 2.8 percent in 2023 and 1.

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How China's economy achieves robust recovery amid pandemic?

STORY: How China's economy achieves robust recovery amid pandemic? DATELINE: April 24, 2022 LENGTH: 00:03:07 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): DAVID SUMUAL, Chief economist with PT Bank Central Asia 2. SOUNDBITE 2 (Spanish): EDUARDO REGALADO, Senior researcher at International Policy Research Center of Cuba 3. SOUNDBITE 3 (English): KRISTALINA GEORGIEVA, IMF Managing Director 4. SOUNDBITE 4 (English): ALBERT KEIDEL, Development economist specializing in East Asia STORYLINE: Faced with the challenges of the pandemic, China has executed a dynamic zero-COVID approach, balancing the tasks of protecting its population from the virus with keeping its economy on track. Registering a 4.8-percent gross domestic product (GDP) growth in the first quarter of this year, China's economy is off to a steady start, a feat accomplished despite the daunting challenges of contracting demand, supply chain shocks and a weak forecast. Experts are optimistic that China's economy will contin

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Canada details new climate plan to cut emissions by 2030

STORY: Canada details new climate plan to cut emissions by 2030 DATELINE: March 30, 2022 LENGTH: 00:02:07 LOCATION: Ottawa CATEGORY: ENVIRONMENT SHOTLIST: 1. various of Prime Minister Justin Trudeau speaking 2. various of Minister Guillbeault making the statement 3. various of Prime Minister Justin Trudeau speaking STORYLINE: Canadian Prime Minister Justin Trudeau on Tuesday announced the release of the country's 2030 Emissions Reduction Plan, aiming to reach its new climate target of cutting emissions by 40 percent below the 2005 levels by 2030. The ambitious plan, including 9.1 billion Canadian dollars (7.28 billion U.S. dollars) in new investments to cut pollution and grow the economy, will put Canada on track toward the goal of achieving net-zero emissions by 2050, Trudeau said at the Globe Forum sustainability conference in Vancouver. "Taking real climate action that is not only ambitious, but also achievable, is key to building a strong economy in the 21st century. With the additional measure

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Fukui expresses intention to keep very low interest rates for no

Fukui expresses intention to keep very low interest rates for no

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui listens to a media question during a press conference he held after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14. (Kyodo)

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Fukui expresses intention to keep very low interest rates for no

Fukui expresses intention to keep very low interest rates for no

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui gives a press conference after the central bank decided to scrap the zero-interest-rate policy and raised the unsecured overnight call money rate to 0.25 percent from zero on July 14. (Kyodo)

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