This is the 2108th most frequent German word.
örtlichen
"Local."
The word 'örtlichen' here serves as an adjective describing the 'Markt' (market), qualifying it as being local.
Wir besuchten den örtlichen Markt und kauften frisches Gemüse.
We visited the local market and bought fresh vegetables.
The word 'örtlichen' is used as an adjective modifying 'Nachrichten' (news), indicating that the news sources are local.
Die örtlichen Nachrichten berichteten über das Ereignis.
The local news reported on the event.
The word 'örtlichen' modifies 'Versammlungen' (gatherings) as an adjective, specifying that the gatherings are local in nature.