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Added on the 09/08/2019 19:27:27 - Copyright : Euronews EN
Many Greeks are currently 'suspended' meaning their is no work but they are not formally unemployed. These cleaning ladies have been protesting for months.
The European Central Bank is "very attentive" to economic risks posed by the conflict between Israel and Palestinian militant group Hamas, ECB president Christine Lagarde says after a meeting held exceptionally in Athens. Referring to the crisis in the Middle East as well as the war in Ukraine, she says: "We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display." SOUNDBITE
Eurozone inflation "dropped markedly" in September but is still expected to remain "too high for too long", European Central Bank President Christine Lagarde tells the press in Athens, whilst announcing that the ECB was holding interest rates steady. Policymakers had raised rates at each of their last 10 meetings as they sought to rein in soaring inflation driven in large part by surging energy prices in the wake of Russia's invasion of Ukraine. SOUNDBITE
The US Federal Reserve raises its benchmark lending rate to the highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead. SOUNDBITE
Buenos Aires, Sep 30 (EFE).- The poverty rate in Argentina stood at 40.6 percent in the first half of the year, a decrease of only 0.3 percent in over a year, while the number of people facing difficulties on a daily basis to meet their basic food necessities increased.According to a report released Thursday by the National Institute of Statistics and Census, the urban poverty rate recorded between January and June was 1.4 points below that of the second half of 2020. (Camera: ALBERTO CARATOZZOLO).B-ROLL OF PEOPLE COLLECTING GARBAGE AND WAITING FOR FOOD IN THE CITY OF BUENOS AIRES, ARGENTINA.
Monrovia, Sep 24 (EFE/EPA).- Oliver Grear is a professional electrical repairman in Monrovia who - at the age of thirteen - began collecting old electrical appliances in landfills to learn how to repair them.During the civil war in Liberia, he took refuge in the Ivory Coast and now teaches four young people this profession in the coastal community of West Point in Monrovia.Liberia is one of the West African countries with an extremely high rate of unemployment among young people. (Camera: AHMED JALLANZO). B-ROLL OF OLIVER GREAR'S WORKSHOP IN THE COASTAL COMMUNITY OF WEST POINT IN MONROVIA, LIBERIA.SOUND BITES: OLIVER GREAR, ELECTRICAL REPAIRER (IN ENGLISH).