Kati Piri After Elections - The Hague

Kati Piri After Elections - The Hague

Kati Piri during a GroenLinks-PvdA faction meeting after the elections. The Hague, Netherlands on October 30, 2025. Photo by Robin Utrecht/ABACAPRESS.COM

Kati Piri After Elections - The Hague

Kati Piri After Elections - The Hague

Kati Piri during a GroenLinks-PvdA faction meeting after the elections. The Hague, Netherlands on October 30, 2025. Photo by Robin Utrecht/ABACAPRESS.COM

Kati Piri After Elections - The Hague

Kati Piri After Elections - The Hague

Kati Piri during a GroenLinks-PvdA faction meeting after the elections. The Hague, Netherlands on October 30, 2025. Photo by Robin Utrecht/ABACAPRESS.COM

Kati Piri After Elections - The Hague

Kati Piri After Elections - The Hague

Kati Piri during a GroenLinks-PvdA faction meeting after the elections. The Hague, Netherlands on October 30, 2025. Photo by Robin Utrecht/ABACAPRESS.COM

Kati Piri After Elections - The Hague

Kati Piri After Elections - The Hague

Kati Piri during a GroenLinks-PvdA faction meeting after the elections. The Hague, Netherlands on October 30, 2025. Photo by Robin Utrecht/ABACAPRESS.COM

BAUISC Spring Trophy 24 - Istanbul

BAUISC Spring Trophy 24 - Istanbul

Piri Reis University Sailing Team in action during the race. Sailing boats take part in the BAUISC Spring Trophy Yacht Race in Istanbul, on March 24, 2024. Photo by Yagiz Gurtug/Middle East Images/ABACAPRESS.COM

Scholars warn negative effects of U.S. interest rate hikes on global economy

STORY: Scholars warn negative effects of U.S. interest rate hikes on global economy DATELINE: Sept. 22, 2022 LENGTH: 0:01:24 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. 2. SOUNDBITE 1 (English): JAMES MORRISON, Associate professor, London School of Economics and Political Science 3. SOUNDBITE 2 (Turkish): ENVER ERKAN, Chief economist at Istanbul's Tera Securities 4. various of Türkiye 5. SOUNDBITE 3 (Turkish): KAYA ARDIC, Scholar, Piri Reis University, Türkiye STORYLINE: The U.S. Federal Reserve on Wednesday enacted the third consecutive three-quarter-point rate hike, as it continues to ramp up its fight against surging inflation. The Federal Open Market Committee (FOMC), the Fed's policy-setting body, decided to raise the target range for the federal funds rate to 3 to 3.25 percent. The Fed's latest action came after it raised the benchmark interest rate by three-quarters of a point (75 basis points) at both its June and July meetings, marking the boldest move in d

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

U.S. economic downturn, financial hegemony pose risks to other economies: Turkish scholar

STORY: U.S. economic downturn, financial hegemony pose risks to other economies: Turkish scholar DATELINE: Aug. 11, 2022 LENGTH: 00:01:46 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of street views in U.S. 2. SOUNDBITE 1 (Turkish): KAYA ARDIC, Piri Reis University, Türkiye 3. SOUNDBITE 2 (Turkish): KAYA ARDIC, Piri Reis University, Türkiye STORYLINE: A Turkish scholar has said U.S. economic downturn and its financial hegemony have posed risks to other economies around the world. Kaya Ardic, a scholar specialized in international trade at Piri Reis University in Istanbul, Türkiye, told Xinhua that the U.S. is experiencing a recession that has affected other countries. SOUNDBITE 1 (Turkish): KAYA ARDIC, Piri Reis University, Türkiye "When a country's economy experiences two consecutive quarters of negative growth, it's called a recession technically." "Geopolitical risks come to the fore in this context. Rising energy and food prices complicate all economies, both developed and devel