VOA标准英语2009年-Recession Woes Again Batter World Markets
时间：2019-01-13 作者：英语课 分类：VOA标准英语2009年(一月)
Bank of England seen in City of London, 08 Jan 2009
Given the scale of the economic problem, the Bank of England has been spurred into yet another base rate cut, its fourth in as many months. This one, half-a-percentage-point drop, brings interest rates here down to 1.5 percent. That is the lowest level seen in the 315-year history of the Bank of England.
Senior economic advisor 2 Ian McCafferty from the Confederation of British Industry welcomes the confidence-building move, but he says other tools must also be used to get money moving again in the economy.
"We do need to cut the cost of borrowing in order to help stimulate 3 the economy, but I think there is a growing recognition that we actually need other measures as well, what is known in the jargon 4 as quantitative 5 easing, as a way of helping 6 getting credit flows going again. And it is not only the cost of credit, but also the availability of credit that needs to be addressed," he said.
David Buik from the London investment firm BGC Partners agrees interest rate cuts alone cannot solve the problem of a lack of cash flow in the system.
"It is not about interest rates anymore, the bank will also want to leave a little bit left in their locker," he said. "The banks at the moment are frozen. There is no money coming out, there is a limit to how much interest rates can help people."
In London, Paris and Frankfurt the markets were all down for the second day running.
Earlier, the Asian markets all posted falls. Announced job cuts added to the economic woes 7 there. The electronic component 8 manufacturer TDK plans to shed some 8,000 jobs worldwide amid what is expected to be its largest ever annual loss.
Tokyo's Nikkei average lost nearly 4 percent. A similar drop was seen on Hong Kong's main index.
In Europe, unemployment continues to rise. In Spain, it jumped more than expected in December to top the three million mark for the first time in a dozen years.
Under this backdrop of economic gloom, analysts 9 say pressure is mounting for a deep European Central Bank rate cut next week.
- Albert had a persistent headache that lasted for three days.艾伯特连续头痛了三天。
- She felt embarrassed by his persistent attentions.他不时地向她大献殷勤，使她很难为情。
- They employed me as an advisor.他们聘请我当顾问。
- The professor is engaged as a technical advisor.这位教授被聘请为技术顾问。
- Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
- Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。
- They will not hear critics with their horrible jargon.他们不愿意听到评论家们那些可怕的行话。
- It is important not to be overawed by the mathematical jargon.要紧的是不要被数学的术语所吓倒.
- He said it was only a quantitative difference.他说这仅仅是数量上的差别。
- We need to do some quantitative analysis of the drugs.我们对药物要进行定量分析。
- The poor children regularly pony up for a second helping of my hamburger. 那些可怜的孩子们总是要求我把我的汉堡包再给他们一份。
- By doing this, they may at times be helping to restore competition. 这样一来, 他在某些时候,有助于竞争的加强。
- Thanks for listening to my woes. 谢谢您听我诉说不幸的遭遇。
- She has cried the blues about its financial woes. 对于经济的困难她叫苦不迭。
- Each component is carefully checked before assembly.每个零件在装配前都经过仔细检查。
- Blade and handle are the component parts of a knife.刀身和刀柄是一把刀的组成部分。