Step by Step 3 Unit 3.docx

Step by Step 3 Unit 3.docx

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StepbyStep3Unit3

Unit3

WorldNews:

EconomicDevelopments

Part

Warmingup

keywords:

outlook展望;前景

expectationforthefuture

eg.thelong-termoutlookforeconomicgrowth经济发展的长期展望

foreigninvestment国外投资

incometaxcut降低所得税

Ataxleviedonnetpersonalorbusinessincome所得税：

对个人或企业净收益所征收的税款

jobcut裁员

Vocabulary:

slowdown减速，减慢

Theactorprocessofslowingdown;aslackeningofpace减速，减慢：

慢下来的行动或过程；速度的减慢

eg.aproductionslowdown生产速度的下降

impose强制实行

Toapplyormakeprevailbyorasifbyauthority强制实行;用权威适用或推广

eg.imposeapeacesettlement

强制推行和平解决

live-stock家畜；牲畜

Domesticanimals,suchascattleorhorses,raisedforhomeuseorforprofit,especiallyonafarm家畜：

家养的牛、马等动物，专为家用或买卖，尤指养于农场上的

CentralBank中央银行

Anation'sprincipalmonetaryauthority,suchastheFederalReserveBank,whichregulatesthemoneysupplyandcredit,issuescurrency,andmanagestherateofexchange中央银行：

一个国家最高金融主管当局，如联邦储备银行，负责调节货币供应和信贷、发行货币和管理汇率

UNConferenceonTradeandDevelopment（UNCTAD）联合国贸易发展会议

UnitedStatesHouseofRepresentatives

美国众议院

theSenate参议院

Youaregoingtohearfivebriefnewsitems.Focusyourattentionon“who”,“what”,“when”,“where”,“why”and“how”ineachnewsitemandthenanswerthequestions.

1.WhohavebeenmeetinginHongKongtodaytodiscusstheoutlookfortheglobaleconomy?

CentralBankgovernorsfrommorethanadozencountries

Tapescript:

1.CentralBankgovernorsfrommorethanadozencountrieshavebeenmeetinginHongKongtoday.OnesubjecttheylikelydiscussedistheoutlookfortheglobaleconomybecauseoftheU.S.slowdownandJapan’sstrugglingrecovery.Anothertopic,howtostrengthenfinancialmarketsinemergingeconomiesinAsiaandelsewhere.

2.WhatdoesUNCTADsayabouttheworldwidetotalofforeigninvestment?

Itgrewby40%lastyeartomorethan600billiondollars.

Tapescript:

2.AUnitedNations’reportsaystheworldwidetotalofforeigninvestmentgrewbynearly40%lastyeartomorethan600billiondollars.ThereportbytheUNConferenceonTradeandDevelopment,UNCTADsaysmostofittookplacebetweendevelopedcountriesasbigcompaniestookoneanotherover.

3.Whohasapprovedacutinincometaxrates?

TheUnitedStatesHouseofRepresentatives

Tapescript:

3.TheUnitedStatesHouseofRepresentativeshasapprovedacutinincometaxrates,thefirstpartofapackageoftaxcuttingmeasuresputforwardbyPresidentBush.Theincometaxreductionswillamounttonearly1trilliondollarsovertenyears.

4.Whohasannouncedjobcutsafterafallindemandforitsproducts?

Intel

Whatisitsplan?

Toreduce5,000

Tapescript:

4.Theworld’slargestmakerofcomputerchips,Intel,hasannouncedjobcutsafterafallindemandforitsproducts.Intelsaiditexpecteditsrevenueinthefirstquarterofthisyeartofallbyaquarteronthesameperiodlastyear.TheCalifornia-basedcompanyplanstoreduceits85,000-strongworkforceby5,000.

5.WhatdecisionshavebeenmadebyEU,theU.S.andCanadaafteracaseoffoot-and-mouthdiseasewasconfirmedinFrance?

EUhasimposedfurtherrestrictionsonthemovementoflive-stock

TheU.S.andCanadahaveissuedtemporarybansontheimportofanimalproducefromEU.

Tapescript:

5.TheEuropeanUnionhasimposedfurtherrestrictionsonthemovementoflive-stockafteracaseoffoot-and-mouthdiseasewasconfirmedinFrance.TheUnitedStatesandCanadahaveissuedtemporarybansontheimportofallanimalproducefromEUcountries.

B.keywords:

Vocabulary:

batter击伤

Tohitheavilyandrepeatedlywithviolentblows敲碎，捣毁：

以连续猛击来捣毁，砸烂

profittaking

获利完成；见利抛售,见利补进

turnover证券交易额

Thenumberofsharesofstocksoldonthemarketduringagivenperiodoftime证券交易额：

在给定的时间内市场出售的股份总数

NikkeiShareIndex

（日本）东京证券交易所指数

FT100Index

FinancialTimes《金融时报》

CACQuarante[kɑ:

'rɔŋt]

巴黎CAC40指数（CotationAssistéeenContinu40），指在法国巴黎证券交易所上市的40家公司的股票报价指数。

DAX

德国DAX指数（德语：

DerDax最早来源于DeutscherAktienindex）是德国重要的股票指数。

由德意志交易所集团推出的一个蓝筹股指数。

该指数中包含有30家主要的德国公司。

DAX指数是全欧洲与英国伦敦金融时报指数齐名的重要证券指数，也是世界证券市场中的重要指数之一。

HangSengIndex香港恒生指数

WallStreet华尔街

ThecontrollingfinancialinterestsoftheUnitedStates华尔街：

美国经济中最有权势的金融界

Youaregoingtohearfivemorebriefnewsitems.Payspecialattentiontothenumbersandpercentages.Circlethe“↑”or“↓”onthebillboardsandfillinthemissingnumbersandpercentages.

1.foreignexchangerates:

1dollar=1.733Germanmarks

=126.9Japaneseyen

1pound=1.624dollars

ShareIndex:

DowJones

↓6,783（+45）

London’s100

↓4,390（+20）

Nikkei↑↓closed

2.ShareIndex:

DowJones

↓10,116（+96）

StandardandPoor’s500

↓1,254（+6）

NASDAQ↑

（–1.5%）

3.ShareIndex:

DowJones↑

8,094（–66）

NASDAQ↑

1,662（–3）

FT100↑

（–36）

CACQuarante↑

（–33,–1%）

DAX↑

（–1%）

4.Mostactivestocks:

CableandWirelessHKT

↓$0.45

HSBC↑

$0.50

Hutchison↑

$0.50

ShanglongkaiProperty

↓$2.25

ChinaTelecom↑

$1.50

Changhong

↓$0.25

PacificCenturyCyberworlds↑

$0.10

CCTTelecom↑

$0.275

NewWorldCyberspace↑

$0.075

HanongHoldings↑

$0.25

Goldprices:

HongKonggold:

HK$2,670

Londongold:

US$289

5.Earnings:

PhilipsElectronics（lastyear）:

$2.4billion（$300million）

RoyalDutchShell（4thquarter）:

$3.6billion

ElectronicDatasystems（4thquarter）:

$0.70pershare（$0.02↑）

Tapescript:

1.ThedollaristradingatoneGermanmarkseventy-threepointthreeandat126.9Japaneseyen.Thepoundbuysonedollarsixty-twopointfour.InNewYork,theDowShareIndexclosed45higherat6,783.EarlierLondon’s100ShareIndexended20higherat4,390.InTokyo,theNikkeiShareIndexisclosedforaholiday.

2.TheDowJonesIndustrialAverageclosedup96pointsat10,116.TheStandardandPoor’s500Indexgained6pointstocloseat1,254.ButtheNASDAQIndexlost1.5%ashightechnologyandInternetstockswerebattered.

3.RightnowtheDowisdownanother66pointsat8,094;theNASDAQCompositedown3pointsat1,662.TurningtoEurope’smajormarkets:

Londonstockswerehitbyawaveofprofittakingafterfivestraightrecordcloses;theFT100Indexsown36points;Parisseeinglossesaswell,theCACQuarantedown33pointsor1%;andFrankfurt’sDAXalsofell1%afterbrieflymovingintorecordterritory.

4.TheHangSengIndexcloseddown89pointsat3,521.Theturnoverwas7.71billiondollars.Nowlookatthetenmostactivestocks.CableandWirelessHKTup45cents,HSBCholdingsdown50cents,Hutchisondown50cents,ShanglongkaiPropertyup$2.25,andChinaTelecomdown$1.50,Changhongup25cents,PacificCenturyCyberworldsdown10cents,CCTTelecomdown27.5cents,NewWorldCyberspacedown10cents,andHongKonggoldclosedat2,670HongKongdollars,andLondongoldistradingat289U.S.dollars.

5.ConsumerelectronicsmakerPhilipsElectronicsreportedalowerthanexpectedprofitforlastyear.Thecompanymadeabout$2.4billion,morethan$300millionbelowestimates.OilCompanyRoyalDutchShellposteditsearnings.Itmaderoughlya$3.6billionprofitforitsfourthquarter.ThatwasessentiallyinlinewithStreetexpectations.ElectronicDataSystemsalsoreporteditsfourthquarternumberslastnight.Itposteda70-centprofitpershare,twocentsbetterthanexpectations.

PartⅡNewsReports

A.keywords:

annualsurvey年度调查

Vocabulary:

compositeformula

composite:

Madeupofdistinctcomponents;compound合成的;不同成分组成的;混合的

formula:

①Amethodofdoingortreatingsomethingthatreliesonanestablished,uncontroversialmodelorapproach准则，方案：

依据惯用的、无争议的模式或方法而采取的对某些事情的做法或处理方式

②Astatement,especiallyanequation,ofafact,rule,principle,orotherlogicalrelation【数学】公式，程式：

表示普遍事实、规律、法则或其它逻辑联系的陈述

asset资产

Theentriesonabalancesheetshowingallproperties,tangibleandintangible,andclaimsagainstothersthatmaybeapplied,directlyorindirectly,tocovertheliabilitiesofapersonorbusiness,suchascash,stock,andgoodwill【会计学】资产负债：

资产负债表总帐目，表明所有有形资产和无形资产，以及可直接或间接对他人财物提出所有权要求的，以偿付某人或企业的债务，如现金，原料和信誉

marketcapitalization资本额

Thesumthatresultsfromcapitalizing资本化所得到的数额Theamountsandtypesoflong-termfinancingusedbyafirm,includingcommonstock,preferredstock,retainedearnings,andlong-termdebt估价现值：

一个公司所使用的长期投资数额和种类，包括普通股、优先股、净赢利和长期债务

merger合并

①Theactoraninstanceofmerging;union合并：

合并之行为或实例；联合

②Theunionoftwoormorecommercialinterestsorcorporations联合体：

两个或两个以上商业团体或利益的联合

acquisition收购,买进,接办企业,接管企业

cite引证;提及

Tomentionorbringforwardassupport,illustration,orproof:

引证：

把…作为支持、说明或证明而提及或提出

Forbes《财富（福布斯）》杂志

“Super100Global”list

Listentothefirstnewsreport.Completethenewssummaryandthenbrieflyanswerthequestionsbelow.

Summary:

ThisnewsreportisaboutForbes’s“Super100Global”list.

Answerthequestions:

1.WhichofthefollowingcorporationsarethetopfiveonForbes’slist?

Marktheirranks.

2Citigroup

4HSBCBankingCompany汇丰银行

BP-AmocoAmericanOilCompany美国石油公司

5Daimler-Chrysler戴姆勒克莱斯勒汽车

1GeneralElectricCorporation

Anglo-AmericanOilCompany

Microsoft

3BankofAmerica

2.Howarethecompaniesranked?

Thecompaniesarerankedwithacompositeformula,whichincludestotalsales,profits,assetsandmarketcapitalization,orthetotalvalueoftheirstock.

3.Howarethe100companiesdistributed?

46intheUnitedStates,54inEuropeandJapan

4.WhywerenoneoftheInternet-relatedfirmsincludedinthelist?

BecausemostoftheInternet-relatedfirmshavelittleornoprofitssofar

Tapescript:

Forthesecondyearinarow,theGeneralElectricCorporationisrankednumberoneinanannualsurveyofthe100mostpower