Global economy disrupted by U.S. Fed rate hikes, experts say

STORY: Global economy disrupted by U.S. Fed rate hikes, experts say DATELINE: Oct. 3, 2022 LENGTH: 0:03:07 LOCATION: Beijing CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. SOUNDBITE 1 (English): AADITYA MATTOO, World Bank East Asia and Pacific Chief Economist 2. SOUNDBITE 2 (Arabic): KHALED EL SHAFEI, Egyptian economic expert and professor at the Faculty of Commerce at Cairo University 3. SOUNDBITE 3 (Turkish): MUSTAFA SONMEZ, Economist and writer in Türkiye STORYLINE: The U.S. Federal Reserve (Fed) raised the interest rate by 75-basis-point three times so far this year as the U.S. seeks to rein in inflation. Economists say that the U.S. tight monetary policy has resulted in more social and economic risks, particularly for developing countries and emerging markets. SOUNDBITE 1 (English): AADITYA MATTOO, World Bank East Asia and Pacific Chief Economist "I think the (U.S.) Fed's response to higher inflation in the United States in terms of faster than expected tightening of monetary policy and increases in intere

U.S. Fed's rate hikes lead to currency devaluation, inflation worldwide

STORY: U.S. Fed's rate hikes lead to currency devaluation, inflation worldwide DATELINE: Sept. 23, 2022 LENGTH: 00:02:06 LOCATION: Beijing CATEGORY: ECONOMY SHOTLIST: 1. various of the U.S. Federal Reserve and U.S. dollar related footage 2. SOUNDBITE 1 (English): JAMES MORRISON, Associate professor, London School of Economics and Political Science 3. SOUNDBITE 2 (English): MIR MOHAMMAD ALI KHAN, Former investment banker at Wall Street 4. SOUNDBITE 3 (Turkish): MURAT TUFAN, Analyst with Turkish broadcaster Ekoturk STORYLINE: The U.S. Federal Reserve on Wednesday enacted the third consecutive three-quarter-point rate hike as it continued to ramp up its fight against surging inflation. Experts have warned of various negative impacts of the rate hikes on the global economy, including currency devaluation and high inflation. SOUNDBITE 1 (English): JAMES MORRISON, Associate professor, London School of Economics and Political Science "Will there be negative effects in the global economy by these rises in intere

Echoes of life

STORY: Echoes of life DATELINE: June 11, 2022 LENGTH: 00:05:01 LOCATION: ZHONGSHAN, China CATEGORY: HEALTH SHOTLIST: 1. SOUNDBITE 1 (English): PAUL BENAVIDES, American expat in Zhongshan 2. SOUNDBITE 2 (English): Doctor Liang 3. SOUNDBITE 3 (English): PAUL BENAVIDES, American expat in Zhongshan 4. SOUNDBITE 4 (English): Doctor Liang 5. SOUNDBITE 5 (English): PAUL BENAVIDES, American expat in Zhongshan STORYLINE: SOUNDBITE 1 (English): PAUL BENAVIDES, American expat in Zhongshan "Echoes of Life. Hi. I'm Paul. Organ transplantation can be an effective medical method for end-stage organ failure, and can give patients a new lease on life. But without organ donation, there cannot be organ transplantation. June 11 is Chinese Organ Donation Day. Since Zhongshan, the city where I live, became one of the first pilot cities for organ donation in China, they have witnessed about 354 cases of organ donation and 1,587 patients have been treated. But what are the stories behind each of these? I'm sure you're as intere