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  • CARL AZUZ, CNN ANCHOR: Africa, Asia, South America, get ready to go global because we`re about to visit them all.

  • I`m Carl Azuz. This is CNN STUDENT NEWS.

  • First, we`re heading to North Africa, where Egypt`s former president is preparing to stand trial.

  • Last year, Mohammed Morsy became Egypt`s first democratically elected president.

  • This year, he was thrown out of office by Egypt`s military.

  • Now, he and other members of his Muslim Brotherhood Party are facing charges of committing and inciting violence.

  • The unrest in Egypt is affecting that country`s relationship with the United States.

  • Yesterday, the U.S. announced that it is suspending a significant amount of the military aid that it sends to Egypt.

  • Next, we`re hopping over to Syria.

  • That country`s civil war has not ended, but an international team says that it`s making progress in efforts to destroy Syria`s chemical weapons.

  • Inspectors saw some chemical weapons equipment destroyed this week.

  • They say Syrian authorities have been cooperative.

  • The United Nations says the inspectors are working in a dangerous environment.

  • The lead inspector called for temporary cease-fires in the fighting so that they can do their work.

  • Last stop: South America.

  • Teachers in the nation of Brazil had been demanding pay raises for months.

  • This week, they took to the streets.

  • Thousands of people marched in protest in Rio de Janeiro and Sao Paolo.

  • The event started off as peaceful demonstrations, but once the sun went down, violence broke out.

  • Some people in the crowd threw fire bombs.

  • Officers responded with tear gas.

  • UNIDENTIFIED FEMALE: See if you can ID me.

  • I`m a U.S. government organization that was created in 1913.

  • I was established to help make America`s financial system more stable.

  • I`m the country`s central bank.

  • I am the Federal Reserve, or Fed, and I influence the amount of credit and money in the American economy.

  • AZUZ: Ben Bernanke is the head of the Federal Reserve.

  • His term as chairman ends in January.

  • Yesterday, the president announced his pick to take Bernanke`s place.

  • The pick is the current vice chairman, Janet Yellen.

  • She has support, but some critics are worried that she`ll follow the same policies as Ben Bernanke.

  • It`s the U.S. Senate`s job to decide whether to confirm the president`s nominee.

  • If the Senate does confirm her, this nominee would make history.

  • UNIDENTIFIED FEMALE: Oprah Winfrey. Hillary Clinton.

  • On the list of the world`s most powerful women.

  • Time to add Janet Yellen?

  • Ever heard the name Janet Yellen?

  • UNIDENTIFIED FEMALE: No, I have not.

  • UNIDENTIFIED FEMALE: No, this is the first time, yes, never heard of her.

  • UNIDENTIFIED FEMALE: The first woman nominated to run the Fed.

  • UNIDENTIFIED MALE: She`s going to run the what?

  • UNIDENTIFIED FEMALE: The Fed. Short for Federal Reserve.

  • The agency oversees all U.S. banks, ensuring the money supply is stable.

  • It`s one of the most powerful jobs on the planet.

  • Do you know what the Fed does?

  • UNIDENTIFIED MALE: Don`t they regulate interest rates?

  • UNIDENTIFIED FEMALE: Money. Control of money.

  • UNIDENTIFIED FEMALE: They control interest rates and stuff like that.

  • UNIDENTIFIED MALE: I do know that. There are two functions.

  • First is to maximize employment, and the second is to control inflation.

  • UNIDENTIFIED FEMALE: Wow, how do you know that?

  • Are you American?

  • UNIDENTIFIED MALE: No.

  • UNIDENTIFIED FEMALE: Where are you from?

  • UNIDENTIFIED MALE: From Holland.

  • UNIDENTIFIED FEMALE: For 19 years, the Fed was run by the famously inscrutable Alan Greenspan.

  • ALAN GREENSPAN, FED CHAIRMAN: Increased uncertainty can induce a higher discount of those returns.

  • UNIDENTIFIED FEMALE: Then came Ben Bernanke, the Great Recession, cheap money, and a more user-friendly Fed.

  • BEN BERNANKE, FED CHAIRMAN: The economic recovery has continued at a moderate pace.

  • UNIDENTIFIED FEMALE: Now the president has to fill those shoes.

  • UNIDENTIFIED MALE: Janet.

  • JANET YELLEN, FED CHAIRMAN NOMINEE: Thank you, Mr. Chairman.

  • UNIDENTIFIED FEMALE: Yellen has degrees from Brown and Yale, taught at Harvard, and got tenure at Berkeley.

  • Her son is an economist. Her husband has a Nobel prize in economic theory.

  • The 67-year-old has been on the Fed for more than a decade.

  • She`s been a trailblazer for women in her field.

  • UNIDENTIFIED FEMALE: At the highest levels of central banking, there are very few women.

  • UNIDENTIFIED FEMALE: She ran the San Francisco Fed, where she was known for standing in the lunch line with her office staff, and for her work on jobs and wages.

  • She recently said unemployment is not just statistics to me.

  • That`s why so many Democrats like her, but she`s also seen as a pretty safe choice on Wall Street.

  • AZUZ: All right. Have you noticed effects of the partial U.S. government shutdown?

  • On our blog, Solon (ph) writes, "I haven`t noticed any shutdown at all, except that my parents are complaining about it."

  • Sarah thinks it`s affecting some people more than others. "I haven`t been able to access some government websites due to the shutdown."

  • From Carson, "My mom is self-employed, and my dad is a state employee. It`s not really affecting us."

  • Louis says, "I was planning to go to the Blue Ridge Mountains over the weekend, but with the national parks out of service, I couldn`t go."

  • On FaceBook, Taylor responded, "I had to do research for an English paper and couldn`t look at a certain website. It was down due to the shutdown."

  • John says, "Apart from two national parks near us, we`re not seeing any major effects."

  • Jacob writes, "My uncle works for NASA, programming satellites, and he`s without a job. Fortunately, my dad works for the VA and has an essential job."

  • Donia (ph) had a lighter take. "Alcatraz is shut down. At first, people couldn`t get out, now they can`t get in."

  • You may or may not have noticed the effects of the shutdown, but the debt ceiling, the other big fight happening in Washington, that could be different.

  • U.S. Treasury secretary says that in one week, the government will hit the debt ceiling and won`t have enough money to pay all of its bills.

  • If that happens, it could have a wide impact.

  • UNIDENTIFIED MALE: If you do not pay the mortgage on your house one month, you know the impact goes beyond your front door.

  • It affects your dealings with the bank, your credit ratings, maybe even your standing in the community.

  • That`s what some economic analysts fear will happen if the U.S. goes into default, and in fact, a domino effect will be kicked off that will touch places all around the globe.

  • How would that work?

  • On the day the United States doesn`t have enough money to pay all of its debts, that first domino falls, and difficult choices must be made.

  • Do you spend the money you have on supporting existing programs that people are counting on, like Social Security and the military and the Agriculture Department,

  • or do you focus more on paying the interest you owe to the people who have already loaned the country money to keep operating?

  • Either way, there are consequences that follow, because when those dominos fall,

  • consumer confidence can fall also, because now people who were counting on that government money aren`t getting it.

  • Businesses out there who were counting on those consumers can`t anymore.

  • Plus, if they had government contracts, they`re not getting those, and all of that makes the stock market nervous, and that kicks it back to the next level of dominos.

  • Now, businesses are saying we can`t add jobs, we can`t even support the jobs we have in this environment.

  • Investors say we`re not putting more money into businesses when things are this shaky.

  • That means your 401(k) and all of your savings become worth less, and if there`s anyone (ph) in the world who will still loan money to the United States,

  • they`re going to say, the risk is too high, we`re going to charge much more interest,

  • and that can make it keep rippling all around the world, affecting people everywhere.

  • People can argue about whether or not this will all happen or if there are stop-gap measures, or how fast it might happen,

  • but they all agree on this: It`s a lot easier to push these dominoes over than it is to set them up again.

  • AZUZ: It`s time for the final four, the last four U.S. states to be added to our roll call map.

  • That includes Massachusetts and the Patriots from Revere High School.

  • The Redmond High Panthers are helping us put Oregon on the roll call map.

  • Back to New England, where the Winnesquan (ph) bears, I hope I said that right, they become our first New Hampshire school.

  • The 50th state is the first state, it`s Delaware, the Buccaneers from Milford High.

  • In less than two months, you have helped us announce schools from all 50 states in our roll call. Awesome.

  • There are different ways for teachers and students ages 13 and older to request a roll call mention. Here is one.

  • If you are already on FaceBook, go to Facebook.com/cnnstudentnews, and tell us your school name, mascot, city and state.

  • We`ll also post info in the days ahead about how we pick roll call schools.

  • So if you`re on FaceBook, like our page, and keep an eye out for the behind the scenes content.

  • Heard of family style restaurants before, but this dog and these chickens are not in the same family.

  • Dog versus bird does not sound like a fair fight, but three against one evens up the odds a little bit, and it actually looks like the dog can`t catch a break.

  • Anytime he shoos one or two chickens away, there is still someone chowing (ph) down.

  • It can be frustrating to lose your lunch, but at least he`s not playing ruff.

  • Maybe that`s why the chickens made him the target of their fowl play.

  • After all, it does seem like he was henpicked (sic).

  • They could offer to compensate him for his lost meal, but the payment would just be chicken scratch.

  • Doggone it, we are out of time. We`ll be beak tomorrow with more CNN STUDENT NEWS. See you then.

  • END

CARL AZUZ, CNN ANCHOR: Africa, Asia, South America, get ready to go global because we`re about to visit them all.

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