时间:2018-12-19 作者:英语课 分类:CNN美国有线新闻2016年11月


英语课

 


For the struggling economy of Egypt, aid is on the way in the form of the $12 billion loan from the International Monetary 1 Fund. The IMF is an organization of 189 countries. It aims to stabilize 2 global economies and it gives loans to member countries that need it. Egypt is one of those countries.


Since the so-called "Arab Spring" led to the overthrow 3 of its leader in 2011, Egypt's economy has been on a slide. Political struggles and terrorist attacks have hurt Egypt's tourism and foreign investment and the IMF loan can help.


But in order to get it, Egypt's government had to create a sales tax. It had to stop giving financial aid to help Egyptians pay for electricity. It had to raise the price of gasoline and it had to float its currency, allowing the value of the Egyptian pound to change based on supply and demand.


Taking these steps help Egypt secure the loan it needed from the IMF. But the consequences are hurting ordinary Egyptians.


IAN LEE, CNN CORRESPONDENT: The pinch felt hardest at the market. Food prices increased by as much as 50 percent. Overnight, the Egyptian pound lost half its value against the dollar. The Central Bank floated the currency earlier this month.


"I have four kids. I can't provide for them. Egyptian money is worthless. This 200 pound note has become essentially 4 20," says this street vendor 5.


"The increase in fuel prices pushed everything up," says this fruit vendor. "Transportation from the market has doubled. So, we increase our prices too. Now, whoever used to buy two kilograms buys one kilo."


The price at the pump rose 40 percent as the government cuts subsidies 6. Another hit came last week when Saudi Arabia's Aramco suspended a $23 billion deal, stopping a monthly delivery of 700,000 tons of refined oil products for five years. No reason was given.


The average Egyptian made the equivalent of roughly $140 a month before the difficult but necessary devaluation. Now, it's about $70, putting them barely above the poverty line.


Making things worse, there's a drug shortage. This factory produces crucial heart disease medication and antibiotics 7. Its marketing 8 director says they're struggling to keep up with demand because the government sets prices at the pharmacies 9 artificially low, adding they only have enough raw materials for three to four months.



1 monetary
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。
2 stabilize
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定
  • They are eager to stabilize currencies.他们急于稳定货币。
  • His blood pressure tended to stabilize.他的血压趋向稳定。
3 overthrow
v.推翻,打倒,颠覆;n.推翻,瓦解,颠覆
  • After the overthrow of the government,the country was in chaos.政府被推翻后,这个国家处于混乱中。
  • The overthrow of his plans left him much discouraged.他的计划的失败使得他很气馁。
4 essentially
adv.本质上,实质上,基本上
  • Really great men are essentially modest.真正的伟人大都很谦虚。
  • She is an essentially selfish person.她本质上是个自私自利的人。
5 vendor
n.卖主;小贩
  • She looked at the vendor who cheated her the other day with distaste.她厌恶地望着那个前几天曾经欺骗过她的小贩。
  • He must inform the vendor immediately.他必须立即通知卖方。
6 subsidies
n.补贴,津贴,补助金( subsidy的名词复数 )
  • European agriculture ministers failed to break the deadlock over farm subsidies. 欧洲各国农业部长在农业补贴问题上未能打破僵局。
  • Agricultural subsidies absorb about half the EU's income. 农业补贴占去了欧盟收入的大约一半。 来自《简明英汉词典》
7 antibiotics
n.(用作复数)抗生素;(用作单数)抗生物质的研究;抗生素,抗菌素( antibiotic的名词复数 )
  • the discovery of antibiotics in the 20th century 20世纪抗生素的发现
  • The doctor gave me a prescription for antibiotics. 医生给我开了抗生素。
8 marketing
n.行销,在市场的买卖,买东西
  • They are developing marketing network.他们正在发展销售网络。
  • He often goes marketing.他经常去市场做生意。
9 pharmacies
药店
  • Still, 32 percent of the pharmacies filled the prescriptions. 但仍然有32%的药剂师配发了这两张药方。 来自互联网
  • Chinese herbal pharmacies, and traditional massage therapists in the Vancouver telephone book. 中药店,和传统的按摩师在温哥华的电话簿里。 来自互联网
学英语单词
accptance standard
active-matrix organic light-emitting diode
adjustable chart light
albuminized
alethe
Amblycera
aminosiloxydienes
anklets
aveu
b-1s
beam deflection amplifier
Big B
center of moment
central rate against ecu
check cross
clear air turbulence (cat)
combination of steel beam and rubber fender
commodity package
component placement machine
conductometric gas anlayzer
configuration factor
controlled-stress test
covering party
creekland
decamped
deodourant
dimethyl isobuty(roy)l chloride
doolally tap
dual currency account
evenmindedly
exaliters
exit routine
experimental pit
fast link pulse burst
fault saddle
film producer
fire fighting truck
flexibility design
fund custodian
gauging hatch
genus Tayassu
goel
Gordon equation
gotten out of repair
heater by-pass
heterocyton
Hobsonville
hyperwriter
incline
ink cell
inner circles
insect taxonomy
integration efficiency
intercommunicating porosity
intercrystalline attack
isocyanoacetates
isomastigote
K-polynomial
labial pit
land direction-finding station
larged
late-sixties
liveaboards
magnetic variometer
malgieri
mark disease
Metifex
moggridges
multicolour display tube
number of edition
operating and maintenance costs
p-n junction rectifier
painting under water
party-down
passalus
plumb sb's motives
polyallomer
psychological activity
pulse duration coder
quagga mussel
qureia
random addressing
rectal tubes
reduce to rubble
Santa Anna
selling spree
semi-separating equilibrium
service van
skeezah
skipjack (tuna)
sorter conveying system
subcorneal pustular dermatosis
substituting cells
titon
traditional Chinese medicine store
Trifolium pratense
trishydroxymethylnitromethane
umbethink
variable daily limit
vertex focal length
vestibular window
visual-spatial