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刚刚意识到今天是我值勤,差点忘记。。另外,我用kiss做标题的symbol,这样就可以吸引大众的关注了,嘿嘿。。。而且我们在找帖子的时候会比较明显。。。
令补充一下置顶贴, 大家可以从这里找到近期和以前的速度越障练习,Good Luck! http://forum.chasedream.com/GMAT_RC/thread-562296-1-1.html
[速度3-2] Drops to drink Jul 19th 2011, 17:00 by TheEconomist online 计时1 (266 words) SINGAPORE’S average annual rainfall is more than double that of notoriouslysoggy Britain, so the casual observer might be surprised to learn that theplace has a shortage of drinking water. Yet with around 7,000 people per squarekilometre, Singapore is the third most densely populated country in the world.Its land mass is not large enough to supply the thirst of its 5m inhabitants. One answer is to desalinate seawater. That, though, is expensive, so theSingaporean government is keen to find cheaper ways of doing it. And, incollaboration with Siemens, a German engineering conglomerate, it may have doneso, for Siemens says its demonstration electrochemical desalination plant onthe island can transform seawater into drinking water using less than half theenergy required by the most efficient previous method. To make seawater fit for human consumption its salt content of approximately3.5% must be cut to 0.5% or less. Existing desalination plants do this in oneof two ways. Some employ distillation, which needs about 10 kilowatt-hours(kWh) of energy per cubic metre of seawater processed. The energy is used toheat the brine, partially evaporating it, and to condense the resulting watervapour. Other plants employ reverse osmosis. This uses special membranes whichact as molecular sieves by passing water molecules while holding back the ions,such as sodium and chloride, that make water salty. Generating the pressureneeded to do this sieving consumes about 4kWh per cubic metre of water. TheSiemens system, by contrast, consumes only 1.8kWh per cubic metre, and the firmhopes to get that down to 1.5kWh. 计时2 (271 words) It works using a process called electrodialysis, in which the seawater ispumped into a series of channels walled by membranes that have slightlydifferent properties from those used in reverse osmosis. Instead of passingwater molecules, these membranes pass ions. Moreover, the membranes employed inelectrodialysis are of two types. One passes positively charged ions. The otherpasses negatively charged ones. The two types alternate, so that each channelhas one wall of each type. Two electrodes flanking the system of channels thencreate a voltage that pulls positively charged ions such as sodium in onedirection and negatively charged ions such as chloride in the other. The result is that the ions concentrate in half of the channels, creating astrong brine, while fresher water accumulates in the other half. As the brineemerges, it is thrown away. The fresher water, though, is put through the sameprocess twice more and eventually has its salt concentration reduced to 1%. That is not bad, but is still double what is potable. There is therefore onefurther step in the process. This is to employ an ion-exchange resin inaddition to the membranes. Such resins increase the electrical conductivity ofthe system and allow one more passage to bring the salt concentration downbelow 0.5%, which makes the water potable. A demonstration plant has been operating since December, and a full-scalepilot plant is now under construction and should be completed by 2013. If allgoes well, then, Singapore’s inhabitants will soon no longer feel likeColeridge’s ancient mariner, that there is water, water, everywhere, but not adrop to drink.
计时3 (219 words) OneLess Sad Sports Bar A makeover show for dodgy drinking establishments. By Troy PattersonPosted Friday, July 22, 2011, at 6:46 PM ET Bar Rescue (Spike, Sundays at 10 p.m. ET) is to taprooms asKitchen Nightmares is to hash houses. On each episode, a hospitalityexpert named Jon Taffer plunges into a diseased watering hole and administersthe disinfecting agent of his professional expertise. It elevates the tone ofthe proceedings that Taffer is witty, direct, and constitutionally inclined topromote himself as a consultant rather than as a paroxysm-pronepseudo-celebrity. Incidentally, I wonder if there's room out there for a themebar on the theme of bars that need makeovers, with its drinks menu offering"troubleshooters" and its waitresses always on break. Taffer's first task is to reform Angel's Sport Bar, which is located in theInland Empire, an area identified by some as "the Riverside-San Bernardino-Ontariometropolitan area" and by others as "the region of California that any travelagencies or colleges just don't want the rest of the world to know about."Incidentally, the recent news that David Lynch is opening a Mulholland Drive-style nightclub in Paris encourages usto wonder whether he'd considering launching an Inland Empire-themedjoint in Indio, with a completely incomprehensible drinks menu and waitresses doing the Loco-motion at irregular intervals. 计时4 (276 words) Bar Rescue euphemizes Corona, the particular town where Angel'smakes its Bud-guzzling home, as "blue collar," but Angel's has falleninto barely subsisting as a no-collar establishment. It is a poor excuse for abiker bar. Early on, one regular explains his attitude-adjustment-hour plan byparaphrasing Lita Ford: "You don't get laid on Friday night, you get in afight." It ain't no big thing, you might think, but Taffer's statisticssay otherwise. He claims that if there are six or more motorcycles parked infront of a bar, then 88 percent of women over the age of 34 will refuse tocross its threshold. Keep your eye on the bottom line and disregard thosestudies demonstrating that the other 12 percent are kind of fun to have around. On a related note, Angel's stands adjacent to a strip club, which is alsocalled Angel's and is also owned by the week's saved soul, whose name is Renée.When Taffer and his wife, Nicole—who also serves as his "reconspecialist"—make an initial incognito visit to the bar, they aredispleased that there is little to distinguish it from its neighbor. Both arewindowless and neon-riddled, and with the bar's credit-card machine alwaysdown, patrons are directed to an ATM that charges a $6 fee. Nicole doesn't knowif she'd be comfortable getting out of here safely by herself or even findingthe exit. But the host sees an opportunity to make Angel's morefemale-friendly. Reimagining it as a scalably upscale whiskey bar, he envisionsit attaining "a level of respectability where at least you can come inhere and your wife won't kill you." 计时5 (309 words) The morning after that first visit, Taffer tours the place with Renée,noting the staples dotting the wall by the front door, the squirrel damage outback, and the thick miasma of apathy all over. In one of very few resorts toprofanity, he calls her place a shithole, and she cries. "When her eyesfilled up with tears, it showed me embarrassment, it showed me pride," hesays. It showed me that very few of Renée's facial muscles are mobile,but Taffer is the motivational type, and that is not his concern. Rather, herdistress is "the beginning of an emotion I can build on." Everything proceeds quite briskly from here, from physical renovation tospiritual rebuilding. The shiftless general manager, Wayne, in fact proves soshiftless that he cannot even be bothered to frown when getting fired, but mostof the waitstaff is impressed that Taffer is seeking its input. "They'reactually asking us what we think," says someone, maybe DeeDee, perhapsmisreading the situation. In fact, Taffer is operating on the assumption, notungenerous, that the waitstaff is capable of thought. The staff's mixological lessons come from a guy who used to be a big deal atMilk& Honey, which is a bit like sending John Maynard Keynes to teach themhow to use the cash register. "What's a cocktail?" inquires one ofhis charges; the dear thing learns how to make a Gold Rush and, more importantly, how to pour a drink to make it look stiffer than it is.Meanwhile, a nightlife expert teaches the waitresses how to make proper eyecontact, a skill they'd never had a chance to develop, as their customers' eyeswere generally otherwise occupied. As one of the girls says when questionedabout her attire: "The management actually said that they wanted to gear itmore toward bikini." 自由阅读 With its relaunch, Angel's is rechristened, in a nod to its illustriousheritage, as Racks, and its signage boasts of billiards and bourbon in colorsalleged to stimulate the appetite. "It looks so classy!" says awaitress, naturally. Taffer is proud. Renée is smiling, or would be if shecould. And the mixologist is as pleased as planter's punch at the way the floorstaff is handling the top-shelf stuff: "They upsold really well."
[越障3-2]
Where the state does too little China’s insurance industry holds a mirror to thegovernment Jul 21st 2011 | Hong Kong |from the print edition THE insurance industry, designed asit is to smooth over life’s dramas, is meant to be somewhat dull. Insurersthemselves mostly conform to this type: they produce modest, consistentreturns—steady growth and, to reassure the skittish, a dividend. Things aredifferent in China. Dividends are a trivial component of share prices, and theindustry’s growth prospects are breathtaking, not boring.
One measure of its buoyancy is theindustry’s resilience in the face of a series of recent setbacks. Concerns overquestionable sales practices have prompted regulators to restrict banks’distribution of life-insurance products, a channel that is responsible forabout half of all life sales. If that was not bad enough, the end of subsidiesfor car purchases introduced during the global crisis removed a main impetusfor sales of car-insurance policies. Car insurance is three-quarters of thecountry’s property and casualty business.
Even so life-insurance sales are offby only 5% so far this year, compared with the same period in 2010, andcar-insurance sales, after slowing early in the year, seem to be rebounding. Inthe longer term most analysts are looking at 15% earnings growth for both lifeand non-life products for years to come. Optimists think growth in excess of 20%a year is a good bet.
Some of the reasons for this rosyprospect are obvious: China’s size, its growing wealth and the immaturity ofthe industry (see chart) all explain its potential. But the fact that theindustry has so far to go also reflects two historic shifts in governmentpolicy, one which set the market back and the other now propelling it forward.
The first shift dates back to therevolution and wiped out the industry. British firms began selling policies inChina in 1846. In 1875 a precursor to the current China Merchants group enteredthe market. AIG was founded in Shanghai in 1919. Small agencies peddlingpolicies speckled the streets of major cities, says Paul French, aShanghai-based writer.
All, however, were tossed out orshut down after the revolution on the premise that the state provided all, sothere was no need for a separate intermediary. Even hard-core communists weregradually convinced of the need for shipping insurance for the country’s tinyforeign trade—no one wanted to allow anything on a boat if there wasn’t a clearway of being reimbursed if it did not arrive. A single company, the People’sInsurance Company of China (PICC), was established as a government monopoly,although the amount of business it did was trivial.
Things began to change in 1988 whenChina Merchants was able to convince the government that it should be allowedback into the business it had set up for China a century before. It waspermitted to establish Ping An Insurance, at first providing coverage for trucksmoving goods from a single part of Shenzhen in the south of the country.Eventually, insurance offices were established at the end of each truck route.
From these modest roots, anextraordinarily valuable industry has emerged. Ping An is now worth $66billion. PICC has been broken up into at least three bits. One part, ChinaLife, is the only pure insurance company in the world worth more than Ping An;another part, carrying the old PICC name and selling property and casualtyinsurance, is worth $20 billion; a third will go public soon. Various otherinsurance companies have emerged as well, often carved out of a state entity.China Pacific, a Shanghai-based firm, is worth $30 billion. Along with thesegiants there are hundreds of smaller outfits and dozens of foreign-linkedventures, all crowding into what they sense is a growing market.
That growth reflects the secondgreat shift in government policy. Having previously dispensed with insurance asredundant in a socialist society, the new China has reversed course. The stateis intimately involved in business and many aspects of life, but the provisionof social insurance—for ill-health, accidents and old age—is either inadequateor non-existent. In the case of a disaster, help is unlikely to come from thecourts or from government. That creates a staggeringly large gap for insurers.
The most popular life-insuranceproducts tend to be simple: pay a premium for 10-15 years and get a return,plus protection for your family in the case of death. They are useful forretirement, for a child’s education or for an emergency. As investmentproducts, however, they are less attractive than they once were. Banks haverecently had to raise reserves: that has created a hunger for deposits whichhas pushed up what they are willing to pay. It is now common to be offered 3%for a one-year bank deposit and 5.5% for a five-year one. Insurers are allowedto guarantee only a 2.5% return; policies linked to the stockmarket that danglethe promise of much higher returns have disappointed recently.
That might hurt if enough customersmoved in search of higher returns. But in China many people are only justbecoming affluent enough to invest. There is lots of opportunity for agentswith a product to flog. China Life has more than 700,000 agents working on itsbehalf; other firms have armies of salesmen, too.
As is often the case in China,foreign firms face huge barriers. With one exception, they are required toenter the country through joint ventures or to hold only tiny, direct stakes.The exception is AIA, which was recently spun out of AIG. Its erstwhile parentwas quick to follow China Merchants in successfully pushing for a new licencebased on its history, and managed to obtain approvals for five provinces.
AIA’s life-insurance operations havethe largest market share of any foreign firm as a result, at a trivial-sounding1%. Even that sliver still accounts for 8% of all its new business, notes MarkKellock, an analyst with Barclays Capital. Up that share just a little and theimpact on AIA would be vast. China’s insurance market may be daunting. Dull itis not. Source:http://www.economist.com/node/18988634
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