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voa标准英语2008-Global Markets Rally on Hopes for Government Sti

时间：2008-12-13 00:11:34

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Global stock markets are rallying on expectations that coordinated1 fiscal2 stimulus3 measures in Asia, Europe and America will cushion the impact of the economic slowdown.
　
An employee of Korea Stock Exchange reacts in front of a screen showing raising Korean benchmark stock index in Seoul, 08 Dec 2008

The rally began late Friday on Wall Street and gained momentum4 in Asia on Monday. Hong Kong's main market index gained nearly nine percent to a seven-week high and Tokyo was five percent higher. The rally continued in Europe with the main indexes in London and Frankfurt up substantially.

At midday on Wall Street, the Dow Industrials were up 250 points, reaching their highest level since early November.

Global markets have been in a tailspin for the past three months as the 16-month-old financial crisis began to impact global economies. Job losses have been accelerating with half a million jobs lost in the United States during November.

Analysts5 say the U.S. rally is being spurred by hopes the White House and Congress are close to an agreement on short-term assistance to the beleaguered6 American car companies. General Motors and Chrysler say that without emergency aid they will run out of money by the end of the month.

Meanwhile, France announced plans for increased government spending and President-elect Barack Obama says he will move quickly on an estimated $500-billion spending program.

At a conference in Washington, the U.S. Treasury7 housing expert said delinquencies on home mortgages are continuing to rise even where lenders lowered the interest rates charged to borrowers. At the same conference, the vice-chairman of the Federal Reserve, Donald Kohn, says the banking8 industry is still under immense pressure.

"Large losses taken by financial institutions and investors9 mostly, but not entirely10 from mortgage related assets, have increased uncertainty11 and undermined confidence. These events have caused lenders to greatly tighten12 lending conditions to households and businesses," he said.

On the commodities markets, oil prices rebounded13 from the sharp losses of last week when prices fell 20 percent.


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1 coordinated 72452d15f78aec5878c1559a1fbb5383     
adj.协调的
参考例句：
  • The sound has to be coordinated with the picture. 声音必须和画面协调一致。
  • The numerous existing statutes are complicated and poorly coordinated. 目前繁多的法令既十分复杂又缺乏快调。 来自英汉非文学 - 环境法 - 环境法
2 fiscal agbzf     
adj.财政的，会计的，国库的，国库岁入的
参考例句：
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
3 stimulus 3huyO     
n.刺激，刺激物，促进因素，引起兴奋的事物
参考例句：
  • Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
  • Light is a stimulus to growth in plants.光是促进植物生长的一个因素。
4 momentum DjZy8     
n.动力，冲力，势头；动量
参考例句：
  • We exploit the energy and momentum conservation laws in this way.我们就是这样利用能量和动量守恒定律的。
  • The law of momentum conservation could supplant Newton's third law.动量守恒定律可以取代牛顿第三定律。
5 analysts 167ff30c5034ca70abe2d60a6e760448     
分析家，化验员( analyst的名词复数 )
参考例句：
  • City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
  • I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。
6 beleaguered 91206cc7aa6944d764745938d913fa79     
adj.受到围困[围攻]的；包围的v.围攻( beleaguer的过去式和过去分词)；困扰；骚扰
参考例句：
  • The beleaguered party leader was forced to resign. 那位饱受指责的政党领导人被迫辞职。
  • We are beleaguered by problems. 我们被许多困难所困扰。 来自《简明英汉词典》
7 treasury 7GeyP     
n.宝库；国库，金库；文库
参考例句：
  • The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
  • This book is a treasury of useful information.这本书是有价值的信息宝库。
8 banking aySz20     
n.银行业，银行学，金融业
参考例句：
  • John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
  • He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
9 investors dffc64354445b947454450e472276b99     
n.投资者，出资者( investor的名词复数 )
参考例句：
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
10 entirely entirely     
ad.全部地，完整地；完全地，彻底地
参考例句：
  • The fire was entirely caused by their neglect of duty. 那场火灾完全是由于他们失职而引起的。
  • His life was entirely given up to the educational work. 他的一生统统献给了教育工作。
11 uncertainty NlFwK     
n.易变，靠不住，不确知，不确定的事物
参考例句：
  • Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
  • After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。
12 tighten 9oYwI     
v.(使)变紧；(使)绷紧
参考例句：
  • Turn the screw to the right to tighten it.向右转动螺钉把它拧紧。
  • Some countries tighten monetary policy to avoid inflation.一些国家实行紧缩银根的货币政策，以避免通货膨胀。
13 rebounded 7c3c38746f183ba5eac1521bcd358376     
弹回( rebound的过去式和过去分词 )； 反弹； 产生反作用； 未能奏效
参考例句：
  • The ball rebounded from the goalpost and Owen headed it in. 球从门柱弹回，欧文头球将球攻进。
  • The ball rebounded from his racket into the net. 球从他的球拍上弹回网中。

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