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This is the VOA Special English Economics Report. Last week, the United States Congress approved a major housing bill. President George Bush signed it into law on Wednesday. The plan could help an estimated four hundred thousand homeowners late in t
U.S. lawmakers challenged former top executives of major government-backed mortgage finance companies to explain why they took on billions of dollars in risky loans. Questioning of the former heads of Fannie Mae and Freddie Mac came as a House of Re
Equity markets in Europe and the Americas declined sharply on Wednesday as investors worried that the overnight decision by U.S. authorities to take over the troubled insurer American International Group, or AIG, may not be enough to stem the financ
今天我们要学的词是jack up。 To jack up, 意思是提高。 Insurance company Blue Shield of California plans to jack up its health insurance rates a whopping 59% for individual policyholders this year, 加州蓝盾保险公司今年打算把个
American and international financial markets are welcoming word that the U.S. government is taking over two troubled institutions that back roughly half the country's home mortgages. VOA's Paula Wolfson reports the Bush administration says it took t
Fears over the extent of U.S. financial woes have rattled Asian markets, despite U.S. government attempts to shore up investor confidence. Heda Bayron reports from Hong Kong. Woman walks by electronic stock board in downtown Tokyo, 15 Jul 2008, as J
American and international financial markets are welcoming word that the U.S. government is taking over two troubled institutions that back roughly half the country's home mortgages. The Bush administration says it took the action reluctantly to head
Amid a continuing housing crisis in the United States, the Bush administration is taking over two failing mortgage firms in an effort to limit further turmoil in the sector. 就在美国房地产市场继续在危机中挣扎时,布什政府将接管