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
Abney's law
acari
accusatorially
agricultural timber
air thawing
Am. Cr.
angle of sideslip
anti-rabbits
arborescent structure
auroes
bichloride of tin
Bohol
bowsprit shroud plate
bristle-thighed curlew
Brown's gravitation sign
cantilever jack-up drilling unit
cocklicrane
Comilla Dist.
craplication
Cyst-wall
delta alloys
Deltaflurenol
demystified
direct input circuit
dumbshows
endorenal
epicortical
extraneous reflex
fangfeng
fialko
final limit up
financial outlays exceeding state revenues
flame photometric analysis
folding ruler
four-runs
frigorific mixture
fruitshops
government public relations
Grimselsee
Grossenhain
hadjipapas
immunologic manifestation
innocent passage
iron series element
iron violet
landing gear/undercarriage
laryngeal epilepsy
lentigo stain
leprophil
limit dome height test
loading end
luft's disease
magnitude of a voltage fluctuation
marginal cost of acquisition
memory-segmentation control
mesange
messiahless
metal foil overlay
mompara
navmeshes
negative acceleration
out of phase current
oversale
patent index
pile driver equipment
pit dwelling
post maturation
pot-type oil switch
principle of exploitation and adaptation
program electron beam
proximomedially
reverse osmosis system
Saint Joseph
sales volume control
saprospira(genus)
score up
Sea Sparrow
self-awarenesses
selfbrazing
series welding
sizing gauge
starting torque converter
steel cylinder pier
stores-issuing book
Sundare
superficial pneumonia
tactical rule
taubel
tccu
temporary base-plate
three state of matter
tigaldehyde
tiger-skin
tow rod
transit time methods
ultrasimplify
unlegible
webers
wheelage
winter hump
xerodes crenulata
xiqin