Australian Prime Minister at US stock exchange

(27 Mar 2009) SHOTLIST 1. Wide exterior of the New York Stock Exchange (NYSE) 2. Australian Prime Minister Kevin Rudd entering news conference with NYSE Chief Executive Officer Duncan Niederauer, zoom in to mid shot 3. SOUNDBITE (English) Kevin Rudd, Australian Prime Minister: "But the economic stakes for the global economy are high and because of that the economic stakes for the Australian economy and jobs in Australia are also high. As I said the other day, in the global economy of the 21st century there is a very, very, rapid connection indeed between what happens here on Wall Street and what happens in the main streets of Australia." 4. Cutaway of camera operator 5. SOUNDBITE (English) Kevin Rudd, Australian Prime Minister: "I think a lot of governments around the world are talking about how China can play a greater role in the IMF (International Monetary Fund) that's just normal because we want to see the IMF active in the global financial debate in dealing with some of the problems emerging in developing economies." 6. Wide of Rudd at lectern 7. SOUNDBITE (English) Kevin Rudd, Australian Prime Minister: "I've said throughout my parliamentary and political career, I support open markets and I support free markets the whole debate lies in how you regulate those markets." 8. Mid of media 9. Mid of Rudd leaving room 10. Wide pan across NYSE trading floor 11. Mid of Rudd and Niederauer on the NYSE trading floor looking up at cameras and waving 12. Top shot of Rudd and Niederauer walking on trading floor STORYLINE: Australian Prime Minister Kevin Rudd visited the New York Stock Exchange on Friday where he said activity on Wall Street has a direct affect on the Australian economy. Speaking at a news conference from the NYSE on Friday, Rudd said there was a "rapid connection" between trading on Wall Street and Australia's main street. "Economic stakes for the global economy are high and because of that the economic stakes for the Australian economy and jobs in Australia are also high," he told journalists. Rudd was invited to visit the Exchange by New York Stock Exchange CEO, Duncan Niederauer. The pair held a number of one on one meetings during Rudd's visit. Rudd, a Mandarin-speaking former diplomat to Beijing, answered a number of questions on China, the International Monetary Fund (IMF) and the state of the global economy. Rudd is expected to argue at next week's G-20 summit of major and emerging economies that China should have a greater role in world forums such as the IMF. China is Australia's largest trading partner and Beijing's demand for mineral resources such as iron ore helped fuel a 17-year economic boom that ended late last year with the global financial downturn. Meanwhile, Australia's Foreign Minister Stephen Smith indicated on Friday that Australia is willing to discuss China's proposal for a new global currency at next week's G-20 summit in London, but still supports the dominant US dollar. Keyword economy Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter:   / ap_archive   Facebook:   / aparchives   ​​ Instagram:   / apnews   You can license this story through AP Archive: http://www.aparchive.com/metadata/you...