单词:PBAP
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1. The presidential candidates are making their last pitches to voters by mainly attacking their opponent. John McCain is trying to tie Barack Obama to oil companies while Obama spend part of the day saying McCain will keep economy in a ditch. 2. Th
1. It looks like there is an agreement in principle among lawmakers on a 700-billion-dollar bailout of the financial industry. The plan would have to pass both houses of Congress, then be signed by the president. 2. The first presidential debate pla
1.The Dow closes up as talks drag on in Washington about rescuing the nation's financial institutions. Plans for a 700-billion-dollar bailout come as US suffers its largest bank collapse in history. Republicans on Capitol Hill want less government i
Pigeons. Ever since humans established permanent agricultural settlements, weve lived side-by-side with the birdsor, as some people call them, rats with wings. They walk on our sidewalks, roost on our buildings, and eat our leftovers. But soon pigeon
1.Stocks soar as the government unveils plans to restore calm to the financial system. The Dow closes up more than 300 points, extending a two-day rally. Investors appear soothed by plans to rescue banks from billions of dollars in bad debt. 2.Unite
1. Wall Street took it on the chin again today. The Dow closed down more than 400 points. The drop comes on the heels of the AIG bailout and as investors express more concern about investment banks. 2. US officials say an assault on the American Emb
1. More moves from the Federal Reserve to break through a credit clog. The central bank announcing it will buy commercial paper--short-term funding companies rely on for day-to-day expenses. All of this to stimulate lending and stop a deep economic
1. For the first time, Fed Chairman Ben Bernanke says he supports the idea of a second stimulus package. The White House says President Bush is open to the idea of direct payments to Americans. Bernanke told Congress that the economy is likely to st
1.The Dow Jones is continuing its volatile ride at the time when the Dow was down over 500 points putting it below 10000 for the first time in four years. Despite the government's Wall Street bailout plan, credit markets are still strained.The Feder
1. On Wall Street, another volatile day. The Dow Jones Industrial is falling 733 points, the second largest point loss ever. Stocks dropped on disappointing economic news including a big drop in retail sales. 2. Tonight is the last time presidential
MICHEL MARTIN, HOST: The Trump administration wants to dramatically cut funding for the Consumer Financial Protection Bureau. That's the agency created after the financial crisis to protect Americans from abuse by financial firms. Elizabeth Warren an
China's central bank has said that its research into digital currency is still progressing, and reiterated that digital currency products need to be tested before they are put into use. The Governor of the People's Bank of China, Zhou Xiaochuan, made
1. President Bush says he is keeping troop strength in Iraq mostly the same until the next president takes over. About 4,000 Marines support troops are slated to return in the coming months. But no Army brigades will pull out this year. 2. Western i
1. Hurricane Gustav is quickly losing its punch after plowing through south Louisiana's fishing and oil industry.The National Hurricane Center downgraded the storm to a Category 1 with 90-mile-an-hour winds. 2. Hurricane Gustav is sending water rush
1. A new Barack Obama ad that begins airing on national cable tomorrow calls John McCain's reaction to the recent financial turmoil erratic. The ad also accuses McCain of trying to shift debate from the economy to Obama's character. Sarah Palin has
1. A new brush fire has broken out in the hills above Los Angeles' San Fernando Valley suburbs, prompting mandatory evacuations. The new fire began Monday morning, a few miles west of the 3,700-acre brush fire that has been burning since early Sunda
1. The Dow drops below 9,000 for the first time in five years. Investors are gloomy about the economy and the health of corporations. Shares of General Motors tumbled almost 30 percent to their lowest level since 1950. 2. President Bush will meet wi
The People's Bank of China, China's central bank says China will vigorously promote the opening-up of its financial market this year to attract wider use of the yuan globally. According to the bank, China has signed settlement agreements involving a
China central banks assurance of liquidity supply is easing tension across Asian markets today. Asian shares edged higher to reverse a four-day losing streak on Wednesday. Investors took comfort from the PBOCs vow to provide funds to institutions if
MARY LOUISE KELLY, HOST: A Trump appointee running the Consumer Financial Protection Bureau has disbanded a consumer advisory board, and that board helped the bureau identify unfair practices at financial companies. Consumer advocates say they have b