1. Ответы для предыдущего выпуска(Banking English).
Пропуски: investigated, accused, terms, context, business, worked for, repeatedly, investment banking, told, clients.
2. Новая лексика.
To peg the exchange rate
Фиксировать обменный курс
To fix the exchange rate
Фиксировать обменный курс
Сable, Sterling
Фунт
Common Currency
Евро
Lonnie
Канадский доллар
Aussie
Австралийский доллар
3. Аудио фрагмент. (BBC)
Вставить пропуски. Аудио файл. Для просмотра видео необходим Windows Media Player 9.0. Желательно сначала сохранить файл на диске (сохранить как...), а затем, прослушивать его уже с диска.
Although the Enron scandal has been _______ by other bigger frauds (мошенничество) соmpanies such as WorldCom and Parmalat, it is still the most ______ of all, and it was Enron which ______ became a by-word (олицетворением, символом) for _____ wrong-doing
(правонарушение). Because of this, there's been huge ______ among US prosecutors who've found it difficult to _____ a criminal
case against Jeffrey Skilling, the former chief operating officer (главный операционный директор) and ____ _____, a star _______ who turned Enron from a dull pipeline company into a financial powerhouse (локомотив, лидер) and the _______ biggest firm in America.
The investigations have included basic ______ _______, as well as far more complex questions surrounding the legality of _____ Enron partnerships which ___ huge amounts of ____. Some of the case has dealt with subtle questions of the ______ to which companies should be allowed to manipulate their _____ ______ to present the best possible picture to the world. Despite the problems, the authorities have charged (обвинять) a number of lower and mid-level executives with fraud, and some have pleaded guilty. At last, the prosecutors have now got the co-operation of almost every high-level executive who worked with Mr Skilling, including Andrew Fastow, the former chief ____ officer who ____ guilty to various criminal charges last month and has agreed to a jail sentence of at least ten years. Their ____ will no doubt play a key part in the _____ against
Jeffrey Skilling.
4. Article. Dollar May Drop for Eighth Week (8-ю неделю подряд) as (на фоне того, что/так как) Central Banks Permit Slide.
Nov. 29 (Bloomberg) -- The dollar may drop (упасть в цене) for an eighth week and set a record low against the euro after the world's major central banks signaled they will allow the currency to extend (продолжить) its slide (падение), a Bloomberg survey indicates.
Sixty-eight percent of the 59 strategists, investors and traders polled on Nov. 26 from Tokyo to New York advised selling the dollar against the euro. Participants also predicted the U.S. currency will weaken against the yen, British pound, Swiss franc and Australian dollar.
The dollar has lost as much as (около) 3 cents against the euro since Federal Reserve Chairman Alan Greenspan said on Nov. 19 that foreigners will tire of financing the record U.S. current account (платежный баланс) deficit. He was joined on Nov. 25 by Bank of England Chief Economist Charles Bean, who said in a speech in Colchester, England, that international investors are unlikely to keep buying American assets indefinitely, triggering (вызывая) a possibly substantial'' drop in the dollar.
The dollar fell 2.1 percent last week to $1.3293 per euro late (вечером) on Nov. 26 in New York after earlier sliding to a record $1.3330, according to (по данным) electronic foreign-exchange trading system EBS. It shed 0.5 percent to 102.57 yen, the ninth consecutive weekly decline (9-ое недельное падение подряд).
Relative Strength
The dollar is unlikely to end this week lower than $1.33 per euro, said O'Neill. Goldman predicts the dollar will weaken to $1.40 versus the euro in 12 months and 95 yen.
The dollar's drop may also stall (приостановиться) after a technical indicator some traders use to gauge (следить за) trends suggested the currency has fallen too far. The euro's 14-day relative strength index, which shows how rapidly prices have risen or fallen in a given period, closed at 81.1 on Nov. 26. The yen's RSI was 25.4. Levels above 70 and below 30 signal a currency may change direction.
My bias (направление) would still be to sell dollars'' in advance of the Labor Department's monthly report on U.S. employment, which is scheduled for release on Dec. 3, said Steve Barrow, a currency strategist at Bear Stearns Cos. in London.
The longer we've gone on in this downtrend, the less the market feels that strong data is relevant,'' he said. Investors could be more sensitive to weak data than strong data.''
American employers probably added 200,000 new workers in November, down from 337,000 in October, according to the median (средний) forecast of economists polled by Bloomberg News.
Following are the results of Bloomberg's currency survey:
BUY SELL HOLD
Euro 40 10 9 Yen 41 5 13 British pound 37 9 12 Swiss franc 42 7 7 Australian dollar
40 10 8