U.S. financial hegemony adds economic woes for Mideast countries amid serious inflation

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U.S. financial hegemony adds economic woes for Mideast countries amid serious inflation

STORY: U.S. financial hegemony adds economic woes for Mideast countries amid serious inflation DATELINE: Aug. 23, 2022 LENGTH: 00:02:44 LOCATION: Cairo CATEGORY: SOCIETY/POLITICS SHOTLIST: 1. STANDUP (English): LI RUI, Xinhua correspondent 2. SOUNDBITE 1 (Arabic): ALAA GHABOURA, Beirut resident 3. SOUNDBITE 2 (Turkish): KAYA ARDIC, Scholar in international trade at Piri Reis University in Istanbul 4. SOUNDBITE 3 (Arabic) Karim Al-Omda, Cairo-based economic expert and professor with the Arab Academy for Science, Technology and Maritime Transport STORYLINE: STANDUP (English): LI RUI, Xinhua correspondent "The United States has abused the hegemony of the U.S. dollar to play monetary easing and tightening for its own sake, which leads to turmoil in the world economy. Countries in the Middle East are facing severe inflation, soaring commodity prices, largely depreciating local currencies, and capital outflow." SOUNDBITE 1 (Arabic): ALAA GHABOURA, Beirut resident "The situation is very bad this year. Prices are

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