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This is the VOA Special English Economics Report. December is a time of holiday gift-giving and strong business activity in many places. But this year, a different idea is weighing on the minds of people in many countries: austerity. This week, publi
Our first today centers on the landslide in Washington State. The governor has declared the state of emergency and hopes for finding survivors are fading. This happened on Saturday night affecting two rural communities north of Seattle. It covered a
Every year, it costs British students more and more to attend university. Students are graduating with larger and larger debts. So is a university degree really worth it? In 2006, the UK government started to allow universities in England and Wales t
All of Australia's big four banks have failed to pass on this month's Reserve Bank's interest rate cutting full, the ANZ bank was the last to make decision announcing it would cut interest rates on variable home loans by 37 basis points, that's less
AZUZ: The Federal Reserve or the Fed is the central banking system of the U.S. Its goal is to keep the American financial system safe and stable. And yesterday, it used one of its major tools in stabilizing the economy. The Fed raised its key interes
China's banking regulator has announced new plans to bolster lending to small companies. A new guideline from the banking regulatory commission is requiring banks to increase the supply of loans smaller than 10 million yuan as fast as any other loans
New data from China's central bank shows the M2 rate saw lower growth through the end of this past year. Observers suggest this is part of deleveraging and the prevention of major systemic risks in the financial sector. The M2, a broad measure of mon
II. Listening Skills 1. M: The police gave a few tickets out last week along Highway 15. W: In fact, quite a few tickets were given on that road. Q: What does the woman mean? 2. M: Who do you think is the smartest student in the class? W: Mary is sec
China is getting serious about corruption at its banks. At least that seems to be the message. Authorities have now detained the head of China's Postal Savings Bank, accused of economic crimes. It's just weeks after another top banking executive was
This is IN THE NEWS in VOA Special English. In recent weeks, the United States government has dealt with struggling financial companies on a case-by-case basis. Now government and congressional leaders are discussing a plan, and they say there is no
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
VOICE ONE: Welcome to THIS IS AMERICA in VOA Special English. I'm Steve Ember. VOICE TWO: A repossessed home in Denver, Colorado, in May 2008 And I'm Fritzi Bodenheimer. This week on our program, we examine some of the causes of the financial crisis
U.S. Treasury Secretary Timothy Geithner has defended the Obama administration's program to rescue financially troubled banks. Secretary Geithner spoke before a congressional panel overseeing the massive bailout. Treasury Secretary Timothy Geithner
To understand where the economy might be heading, we should take a look at where it has been recently. A year ago, our economy, indeed all the world's major economies were reeling from the effects of a devastating financial crisis. Policymakers here
暂无音频 REMARKS BY THE PRESIDENT ON THE HOME MORTGAGE CRISIS Dobson High School Mesa, Arizona 10:25 A.M. MST THE PRESIDENT: Thank you very much. (Applause.) Please, everybody have a seat. Thank you. Well, it is good to be back in Arizona. (Applause
EDUCATION REPORT - Foreign Student Series #28: NYU By Nancy Steinbach Broadcast: Thursday, March 10, 2005 I'm Gwen Outen with the VOA Special English Education Report. We continue our series for stude
今天我们要学的词是level off。 To level off, 是稳定下来的意思。 At some major banks, the number of bad loans is starting to level off, 一些大银行的坏帐案例正在逐步稳定下来。 最新研究发现, U.S. obesity rate
Australian shares slipped on Friday tracking a pullback in Wall Street's stocks overnight. Both the All Ords and the ASX 200 ended the session down 0.6%. Retail of Pacific Brands lost almost 2%, Myer stocks were lower as well, with Nine Entertainment
Topics: The U.S. Supreme Court; microloans/microcredit; less than (X) days versus up to (X) days; mainstream account; words ending in ic versus ical Words: to appeal Supreme Court Supreme Court Justices to take (ones) place to appoint to bork credit
Chinas bank loans hit a record 2.51 trillion yuan in January and more than three-quarters of the proceeds went to companies. The development comes as worries about mounting corporate debt become a pressing issue. Companies now have three ways to rais