Russia Must Reduce Oil Dependence, Diversify
英语课
The head of the International Monetary 1 Fund (IMF) says that Russia, the world's largest oil producer, needs to reduce its reliance on oil revenues and diversify 2 its economy to keep it stable.
The IMF's managing director, Christine Lagarde, said Tuesday in Moscow that even though Russia has enacted 3 fiscal 4 reforms in recent years, it still faces "important vulnerabilities." She said the country's budget deficit 5, excluding oil revenues, has more than tripled, and that Russia needs to move "toward a more vibrant 6 and diversified 7 economy."
Russia defaulted on its debts and devalued its currency in 1998 when faced with an economic crisis that was blamed in part on falling oil prices.
Lagarde said Russia needs to create "a more welcoming investment climate" that will require more structural 8 economic reforms. She said changes in its economy would give Russia longer-lasting economic growth and create enough jobs for its population.
Lagarde said that even though European leaders adopted a plan last month to help resolve the continent's debt crisis, "the world is suffering from a collective crisis of confidence." She said that if the crisis is not contained, emerging economies adjacent to the 17-nation bloc 9 that uses the euro currency, including Russia, would be "severely 10 hit" by lower exports and new financial strains.
She said the region "must get prepared for any potential storms" and that there is "no room for complacency. The stakes are very high."
adj.货币的,钱的;通货的;金融的;财政的
- The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
- Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
v.(使)不同,(使)变得多样化
- Our company is trying to diversify.我们公司正力图往多样化方面发展。
- Hills and woods diversify the landscape.山陵和树木点缀景色。
制定(法律),通过(法案)( enact的过去式和过去分词 )
- legislation enacted by parliament 由议会通过的法律
- Outside in the little lobby another scene was begin enacted. 外面的小休息室里又是另一番景象。 来自英汉文学 - 嘉莉妹妹
adj.财政的,会计的,国库的,国库岁入的
- The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
- The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
n.亏空,亏损;赤字,逆差
- The directors have reported a deficit of 2.5 million dollars.董事们报告赤字为250万美元。
- We have a great deficit this year.我们今年有很大亏损。
adj.震颤的,响亮的,充满活力的,精力充沛的,(色彩)鲜明的
- He always uses vibrant colours in his paintings. 他在画中总是使用鲜明的色彩。
- She gave a vibrant performance in the leading role in the school play.她在学校表演中生气盎然地扮演了主角。
adj.多样化的,多种经营的v.使多样化,多样化( diversify的过去式和过去分词 );进入新的商业领域
- The college biology department has diversified by adding new courses in biotechnology. 该学院生物系通过增加生物技术方面的新课程而变得多样化。 来自《简明英汉词典》
- Take grain as the key link, develop a diversified economy and ensure an all-round development. 以粮为纲,多种经营,全面发展。 来自《现代汉英综合大词典》
adj.构造的,组织的,建筑(用)的
- The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
- The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。
n.集团;联盟
- A solid bloc of union members support the decision.工会会员团结起来支持该决定。
- There have been growing tensions within the trading bloc.贸易同盟国的关系越来越紧张。