U.S. monetary policy among root causes for Sri Lanka's economic crisis: U.S. expert

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U.S. monetary policy among root causes for Sri Lanka's economic crisis: U.S. expert

STORY: U.S. monetary policy among root causes for Sri Lanka's economic crisis: U.S. expert DATELINE: Aug. 24, 2022 LENGTH: 00:02:49 LOCATION: CHICAGO, U.S. CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of general views in U.S. 2. SOUNDBITE 1 (English): KHAIRY TOURK, Professor of economics at the Illinois Institute of Technology in Chicago 3. various of general views in Sri Lanka 4. SOUNDBITE 2 (English): KHAIRY TOURK, Professor of economics at the Illinois Institute of Technology in Chicago STORYLINE: A U.S. expert says that U.S. monetary policy is among the root causes for Sri Lanka's economic crisis. Khairy Tourk, a professor of economics at the Illinois Institute of Technology in Chicago, points out that U.S. Fed's rate hike has put poor countries in a weaker position. SOUNDBITE 1 (English): KHAIRY TOURK, Professor of economics at the Illinois Institute of Technology in Chicago "Let us look at the root cause of the debt distress in some countries. Obviously, one of the major reasons is the change in

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