Washington – October 17, 2019

***PROGRAM FEED – SHOTS CHANGE THROUGHOUT***

1. Various open of Debate on Global Economy
2. SOUNDBITE: (English) Kristalina Georgieva, Managing Director of the International Monetary Fund
“One, guess what? If you are in the business of making money, you actually want to make money. So, we see more risk taking. We see weird things happening because the normal pathway to generate yield is not delivering in advanced economies. Delivering little bit better in emerging economies, and I’ll come to that point. But, the second conclusion I derive is that we do have to concentrate much more forcefully on why productivity has leveled.”
3. Wide panelists talking
4. SOUNDBITE: (English) Min Zhu, Chair, National Institute of Financial Research, Tsinghua University
“The negotiations reached a certain degree of consent which is good, just a few days ago here in Washington. But, you know, in Washington things change very fast. Like the weather changed very fast just in the past few days. So, I don’t know. I mean we’ll still have to be able to see whether we’ll be able to ink the negotiations into the paper in a month in APEC meeting.”
5. Mid of moderator CNBC Anchor Geoff Cutmore asking Nadia Calviño a question
6.SOUNDBITE: (English) Nadia Calviño, Minister of Economy and Business, Spain
“Is this good at the end of the day? Well, obviously it isn’t. It’s lose-lose. So, we are very supportive of engaging in a constructive manner. Finding a better way to deal with each other. A more constructive way to deal with each other. A rules-based world trade. It doesn’t mean that we don’t need to change anything, WTO needs to be reformed. We are very willing to engage in that process. But, threats and raising tariffs doesn’t seem to be a very wise solution for me. So, patience, yes. Is that enough, I frankly doubt it.”
7. Wide panelists at end of debate