【每日阅读训练——速度3系列】【速度3-16】&【越障3-16】

抓抓sandra

每日阅读汇总贴http://forum.chasedream.com/GMAT_RC/thread-562296-1-1.html
逻辑姊妹篇：http://forum.chasedream.com/GMAT_CR/thread-580862-1-1.html


晚上看到伦敦暴动的新闻，最近世界不太平啊...在欧洲的童鞋注意安全啊~~
【速度3-16】
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What You Need to Know About the Global Economic Crisis
WSJ: http://blogs.wsj.com/source/2011/08/09/what-you-need-to-know-about-the-global-economic-crisis/?mod=WSJBlog&mod=thesource
On a day of mass turmoil in the markets, uncertainty about the future of the EU and the single currency, and in the midst of a global economic crisis in the wake of the U.S. credit rating downgrade, Terence Roth, economics editor for Dow Jones Newswires EMEA, answers questions about how we got to where we are.


Very briefly, how have we got to this?
At its core, the source of the crisis is that governments and households in Europe and the U.S. for a decade have been living above their means, running up IOUs that became increasingly expensive to repay. This is Year Three of a massive deleveraging process that likely has years more to run with households and governments alike having to struggle to stay solvent. Then mix in slowing economic growth in big emerging economies and job losses with rising basic commodity prices, and you have an economic world order in peril.


What policy levers are left for governments in Europe and the U.S.?
Ultimately, the solution to Europe’s intractable debt crisis is overcoming political opposition in Germany and other countries to decisively push for a more federal fiscal union with common debt issuance and central financial governance. Piecemeal responses so far have convinced nobody that the euro zone isn’t at risk.
In the U.S., Congress will have to suspend ideological feuding to come up effective means to meet targeted spending cuts. New taxes also are an option.
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What policy levers do central banks have left?
More quantitative easing, essentially printing more money. Efforts so far in the U.S. and U.K have done more to fuel commodity prices than boost domestic demand. In Europe, the ECB needs to back away from its bias to hike interest rates.


What will make investors stop their sell-off of equities?
Better prospects for global economic growth and assurances that the sovereign debt crisis doesn’t trigger a new banking crisis. This would be helped with more budget consensus in Washington and a decisive and unified European response to check the threat of sovereign insolvencies.


Is the current crisis a continuation of the 2007 crisis?
Yes. The liquidity squeeze and the post-Lehman Brothers banking crisis led to a prolonged economic recession that significantly deepened government fiscal deficits.


With Netherlands joining Germany in opposing boosting the EFSF, are we about to see the unwinding of the EU as peripheral countries will inevitably go bankrupt?
That’s the clear message from financial markets. Without the ECB’s reluctant purchasing of peripheral government bonds, Italy and Spain could be heading the way of Ireland, Portugal and Greece. But the ECB is only buying time. The improved EFSF needs to be ratified in time to take over that task, but will need to have double or triple the foreseen funding from EU governments. So far this is proving particularly difficult to sell politically in Germany. A bigger and more responsive EFSF might only be the beginning of what will be needed to protect against contagion. The ECB’s Jean-Claude Trichet talks of need for a European finance ministry.
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Is there any point in keeping the EU and the single currency?
Yes. Managed responsibly it has been a boon to European business and markets since it was introduced. Abandoning the euro now–or even allowing some countries to spin off–would be devastating for the European economy. Spun-off countries would be paralyzed and their collapsed banking systems would trigger financial distress in the rest of the region.
What will Ben Bernanke have to do later at the Fed Reserve board meeting to calm the markets?
QE or not to QE? A third dose of stimulus through quantitative easing probably is on the table, but the policy’s many detractors doubt it would restore consumer confidence in the U.S.  Instead, previous QE has been criticized as doing more to feed commodity prices and asset bubbles.




A Tragedy in Norway Raises Questions for Europe
VOA: http://www.voanews.com/learningenglish/home/A-Tragedy-in-Norway-Raises-Questions-for-Europe-126432338.html
This is IN THE NEWS in VOA Special English.
Conservative extremists in Europe are facing new attention after the attacks last week that killed almost eighty people in Norway.
On Friday the country held the first funerals for victims of the attacks.
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Eighteen-year-old Bano Rashid was the first to be buried. She was Muslim but the ceremony also included Christian prayers. Ms. Rashid was a Kurdish immigrant from Iraq with an interest in politics. She was one of the people shot to death at a summer youth camp organized by Norway's governing Labor Party.
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A sixty-ninth victim of that shooting died Friday.
Also Friday, Prime Minister Jens Stoltenberg led a national memorial service in Oslo, the capital. Mr. Stoltenberg said Norway had been hit by evil, and he called on the nation to unite around its values of democracy and peace.
The violence was Norway's deadliest since World War Two.
Thirty-two-year-old Norwegian Anders Behring Breivik has admitted responsibility. But he has pleaded not guilty to terrorism charges. He says he was part of a wider "crusade" against Muslim immigration and multiculturalism in Europe. Investigators say they believe he acted alone. They questioned him Friday for a second time.
Mr. Breivik exploded a car bomb in Oslo shortly before going to Utoeya island where the shootings took place last Friday. The deadly explosion wrecked the prime minister's office building.
Mr. Breivik's lawyer says his actions suggest he is out of his mind. Far-right groups across Europe have denounced his attacks.
European Union officials say they will form a team of experts to investigate non-Islamist threats in Scandinavian countries. The criminal intelligence agency Europol says the team may look at other European nations in the future.
A report this year from Europol said extreme left-wing groups carried out forty-five attacks in Europe last year. It said there were no terrorist attacks by right-wing groups, but extremists were increasingly active on the Internet.
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K. Biswas from the New Internationalist magazine says far-right groups have become more influential in Europe in recent years.
K. BISWAS: “You’ve seen parties in Italy, in Denmark, in Holland have grown outside the mainstream conservative electoral vehicles in their countries, and they have had an effect.  They have had an effect on immigration. They have had an effect on the language used by mainstream politicians.”
In the Norwegian parliament, the right-wing Progress Party is the second largest party. In Sweden, Democrats joined parliament last year declaring “Keep Sweden Swedish.”
Nigel Inkster is a director at the International Institute for Strategic Studies in Britain. He says Islamic terrorism is the most serious threat to European security. And, he says, it is much more difficult to investigate than right-wing extremism.
He says in Britain the threat from the extreme right normally does not come in the form of a major terrorist attack.
NIGEL INKSTER: "I think most of the violence that we have seen from extreme right-wing groups has been of a more, if you will, casual, street variety targeted against demonstrations by immigrant groups or simple attacks on immigrants."
And that's IN THE NEWS in VOA Special English. I'm Steve Ember.
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【越障3-16】
Riots in London
London burns
Aug 9th 2011, 1:02 by J.G. | LONDON


TO TOTTENHAM and Brixton, add Croydon, Clapham, Ealing, Lewisham, Hackney, Bethnal Green and Barking. The riots that began in Tottenham, north London, on August 6th, following the death of a local man in a police incident, have spread to other parts of the capital, and not just poor ones. A hundred yards from Primrose Hill, one of the world's most expensive neighbourhoods, a stand-off took place late on August 8th between police officers and youths that was evocative of a desperate Parisian banlieue.
David Cameron is cutting short his summer holiday and returning to London, where he will chair a high-level Cabinet Office Briefing Room (COBR) meeting on the situation this morning. Boris Johnson, the mayor of London, is also coming back early from a break.
They will return to some criticism of their decision not to return earlier to take charge of this and other crises, such as the financial troubles in the eurozone. George Osborne, the chancellor of the exchequer, is also on holiday, though Nick Clegg, the deputy prime minister, is back, and toured the devastated main street in Tottenham on Monday.
The politicians are lucky, though, for the greater share of anger is being directed at the Metropolitan Police. The accusation, also voiced after the riots (ostensibly against public spending cuts) that took place in central London in the spring, is that the Met's approach to civil disorder amounts to standing by for fear of provoking even more vicious rioting, with a view to catching culprits afterwards through the use of CCTV footage. The front-page headline in today's Times, "Mobs rule as police surrender streets", captures the mood, though the Met, alternately accused of brutality and laxity in recent years, are in an invidious position.
It may be crass to begin contemplating the political implications of a crisis that has seen decent people who already live hard lives in London's poorest areas being burned out of their homes and businesses. But the comings days pose a serious challenge for a political class that, having come of age in the relatively benign 1990s, is not especially conversant with the darker edges of politics.
Here are my (rushed, late-night) thoughts as to what we will see politically.
First, don't expect any hoody-hugging from Mr Cameron. The softness he projected in his early days as Conservative leader was never really him, and his political instincts are good enough to sense that the country is in no mood for blandly ameliorative, blame-on-all-sides waffle. I suspect there is a silent, livid and faintly frightened majority out there waiting to find out if their prime minister "gets it". He will strive to show that he does, in the short term by condemning these riots unambiguously, and perhaps, in the longer term, by making his proposed reforms of the police and welfare bigger parts of the government's strategic message.
Second, policing will become a much hotter topic of political discourse. It is curious that it is not already. The theology of academic selection and university funding obsesses the political and media classes but the polling evidence is clear: crime is a bigger worry for voters than education. So expect much tardy reflection among politicians about the police. They will grapple, in particular, with the question of whether successive, well-intentioned efforts to check and soften the Met (such as the Scarman report in the 1980s, the McPherson report in the 1990s, the rebranding of the force as a "service", the proliferation of "community support officers" and the like) have resulted in an unduly tentative approach to policing the streets. Whatever the answer, the debate will no longer take place at the margins of politics.
Finally, the prediction that I am least sure of, but which, if prescient, would be the most profound. Could there be a general hardening of public opinion towards not only crime (where public opinion cannot get much harder) but also welfare and other social issues? Already, some are arguing that the Los Angeles riots of 1992 helped to create the climate for welfare reform four years later, and that the riots that broke out in French ghettoes in 2005 worked in favour of the generally conservative Nicolas Sarkozy in the presidential election in 2007. The government's proposal to cap how much can be claimed in housing benefit, which critics say will push many poor people out of London, could serve as a test of this. If I am right, then the policy will have an easier time gathering support (though it already enjoys a certain quiet popularity among voters). If I am wrong, it will be seen as exactly the kind of socially divisive measure that stokes urban disorder.
The long-term implications of these riots will not concern the prime minister now, though. His immediate priority is to prevent the violence stretching into a fourth night.

fox0923

67”
77"
60"
62"
49"

apostate

下午来做

抓抓sandra

1 01:21
2 01:22
3 01:01
4 00:44
5 00:48

读着读着发现第二篇是不是上个星期贴过了？囧~

apostate

1:22
1:48
1:28
1:24
1:07

superbat28

T T
我求鞭策。。我犯错了。。。从五点休息到现在。。。

不能怪我！！谁让我7点半才吃上晚饭的T T  又得补计划了。。

76s  90s  68s  68s  52s

daisyの小夢想

65s
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55s
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7:52 (对政治类文章有点头痛...)
1. describing the riots event in London.
The violence has been strenching, and growing more serious.
The  prime minister Cameron, the mayor BJ, GO and NC all returned to London from break to solve this events.
2. The events is pointed to the metropolian police
some bad influence of the activities of the police... didn't get the meaning..
3. The author's view, seeing the event politically
a. Softness doesn't beyong to Carmeron. He will strictly condemn the riots and demand his plan of reforming the police and welfare.
b. Policing is the issue that citizens concern most. It's closely connected to crime rates and scruinity.
c. The hardening of pobulic opinions. Profound influence. The politicians are likely to gather support from this event from the long term. some examples of other cities' riots.

balapupu

哎。。。好久木有跟进阅读贴了~~没动力做越障啊~~我再努力追一追···
【1】【1‘06’】
【2】【1‘03’】
【3】【49‘】
【4】【59’】
【5】【44‘】