时间:2018-12-17 作者:英语课 分类:英语广播节选


英语课
Stock Markets Tumble Across the World 全球股市暴跌
  There is only one story in the European press this week – the turmoil 1 that has engulfed 2 world markets.
  A few weeks ago everyone was talking about the credit crunch 3. This rather cosy 4 term has now been replaced in the press by ‘financial crisis’, reflecting the broadening and deepening of the emergency.
  As stock markets opened on Monday, shares plummeted 5 across the world. On Tuesday, US stocks hit their lowest levels in five years, while Japan's Nikkei closed down 952.58 points, or 9.4%. Hong Kong's Hang Seng index closed 6.2% lower and markets in Australia, China and Taiwan all fell.
  The sharp downturn in the markets has continued despite massive government interventions 6 in the banking 7 system.
  On Saturday, the US Congress finally passed a $700bn (4.7 trillion Yuan) bail-out plan. The US government will buy the bad mortgage debts which triggered the crisis in exchange for a stake in the banks they rescue.
  On Monday, the entire economy of Iceland came precariously 8 close to bankruptcy 9. The government introduced emergency legislation to allow them to effectively run banks’ operations.
  Today it was the British government’s turn, offering banks that are interested a slice of £50bn (596 billion Yuan) in exchange for a stake. It is also offering loans of up to £250bn (2.98 trillion Yuan) which banks can use for a fee. Banks won’t lend to one another at the moment, so the hope is that this measure will increase liquidity 10 – get money flowing again.
  This is vital since the ripples 11 of the credit crisis are already reaching smaller businesses, who have seen their interest rates on loans increase. Consumer confidence is also down, affecting sales on the high street.
  If the plans work and banks in the UK and US recover, tax-payers in both countries could make a profit from their governments’ interventions. If the plans fail, the banking system will simply collapse 12.
  Either way, we should be prepared for another escalation 13 in language, as the ‘financial crisis’ perhaps becomes a ‘severe economic recession’.

GLOSSARY 词汇表
turmoil
动荡
cosy
舒适的/容易的
plummeted
暴跌
downturn
下滑
bail-out
应急措施
stake
股份/股本
bankruptcy
破产
effectively
实际上
consumer confidence
消费者信心
escalation
加剧
 engulfed
吞没/把…卷入旋涡
financial crisis
金融危机
stocks
股价
interventions
干预
triggered
引发
precariously
危险的
emergency legislation
紧急立法
ripples
震荡/波及
the high street
商业街,销售行业
recession
萧条


1 turmoil
n.骚乱,混乱,动乱
  • His mind was in such a turmoil that he couldn't get to sleep.内心的纷扰使他无法入睡。
  • The robbery put the village in a turmoil.抢劫使全村陷入混乱。
2 engulfed
v.吞没,包住( engulf的过去式和过去分词 )
  • He was engulfed by a crowd of reporters. 他被一群记者团团围住。
  • The little boat was engulfed by the waves. 小船被波浪吞没了。 来自《简明英汉词典》
3 crunch
n.关键时刻;艰难局面;v.发出碎裂声
  • If it comes to the crunch they'll support us.关键时刻他们是会支持我们的。
  • People who crunch nuts at the movies can be very annoying.看电影时嘎吱作声地嚼干果的人会使人十分讨厌。
4 cosy
adj.温暖而舒适的,安逸的
  • We spent a cosy evening chatting by the fire.我们在炉火旁聊天度过了一个舒适的晚上。
  • It was so warm and cosy in bed that Simon didn't want to get out.床上温暖而又舒适,西蒙简直不想下床了。
5 plummeted
v.垂直落下,骤然跌落( plummet的过去式和过去分词 )
  • Share prices plummeted to an all-time low. 股票价格暴跌到历史最低点。
  • A plane plummeted to earth. 一架飞机一头栽向地面。 来自《简明英汉词典》
6 interventions
n.介入,干涉,干预( intervention的名词复数 )
  • Economic analysis of government interventions deserves detailed discussion. 政府对经济的干预应该给予充分的论述。 来自辞典例句
  • The judge's frequent interventions made a mockery of justice. 法官的屡屡干预是对正义的践踏。 来自互联网
7 banking
n.银行业,银行学,金融业
  • John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
  • He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
8 precariously
adv.不安全地;危险地;碰机会地;不稳定地
  • The hotel was perched precariously on a steep hillside. 旅馆危险地坐落在陡峭的山坡上。 来自《简明英汉词典》
  • The phone was perched precariously on the window ledge. 电话放在窗台上,摇摇欲坠。 来自《简明英汉词典》
9 bankruptcy
n.破产;无偿付能力
  • You will have to pull in if you want to escape bankruptcy.如果你想避免破产,就必须节省开支。
  • His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。
10 liquidity
n.流动性,偿债能力,流动资产
  • The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
  • The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
11 ripples
逐渐扩散的感觉( ripple的名词复数 )
  • The moon danced on the ripples. 月亮在涟漪上舞动。
  • The sea leaves ripples on the sand. 海水在沙滩上留下了波痕。
12 collapse
vi.累倒;昏倒;倒塌;塌陷
  • The country's economy is on the verge of collapse.国家的经济已到了崩溃的边缘。
  • The engineer made a complete diagnosis of the bridge's collapse.工程师对桥的倒塌做了一次彻底的调查分析。
13 escalation
n.扩大,增加
  • The threat of nuclear escalation remains. 核升级的威胁仍旧存在。 来自辞典例句
  • Escalation is thus an aspect of deterrence and of crisis management. 因此逐步升级是威慑和危机处理的一个方面。 来自辞典例句
学英语单词
-d
address of region definition block
adhesive cell
afferent neuron
alperson
American wine
arbori-
artistic ceramics
associtation polymer
automatic switchboard
bandar murcaayo
bellow minimum
bisolven
bisymmetry
blanking machine
boon companions
bullfist
ca.circa
camponotus rothneyi tainvanae
carbinolamine
CCL-25
center line of T/G foundation
ceraceous
cloves
coagulase-positive
cockier
coinage strip
color stimulus
communications bug monitors
cracking thermal
cresorcyl
cut one loose
cutesy pie
deer-necks
direction error
Dolbeault complex
encyonema minutum
euth
fable decoration
fibroepitheliomata
fish hawks
get one's ducks in a row
gordy
hafiz
hard area
Harthacanute
haversian
hay grab with monorail troley
hernia taxis
Hyalosponigae
Ilex wattii
indian lettuces
initial terminal
intensity of irradiation
Krustpils
lay planning
levus
linear earthquake
little does someone know
maintain state
malmoret
manual backup
medium power
multiplier flock
neuromyotonic
nimbiol
oligoastrocytomas
oversight costs
para-Bromdylamine
poverty traps
predictable signal instrument
print works
procommunists
pushovers
pyrops candelaria
quenelles
reaper-chopper
Recombination-repair
renewing the oil
Salvia brachyloma
scale adjustment
scorpion bite poisoning
shoe collar
squirt cut
statement of changes in surplus
steinbruck
sylvaticums
tail assembly
tapered-tooth gear
terminal capacitive load
thenychlor
throw one's weight behind
towers over
transcendality
water absorption capacity
weebles
well-moralized
wheeled dry powder fire extinguisher
why'd
word count
X-ray technic-film
younghede