仅此而已，此所谓泛读，(*^__^*) 嘻嘻……
这么简单，大家应该没问题的吧？
字体我放了大号的，这样方便大家看，(*^__^*) 嘻嘻……，但是也会显得比较多哦，不要害怕
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★挑出你不会的单词哦~
★说一下文章的大概意思哦~ India's Economy Hits the Wall
本文过长，故分为四个部分，参加四期活动，即可完成全文阅读
Just six months ago, India was looking good. Annual growth was 9%, corporate profits were surging 20%, the stock market had risen 50% in 2007, consumer demand was huge, local companies were making ambitious international acquisitions, and foreign investment was growing. Nothing, it seemed, could stop the forward march of this Asian nation.
acquisition: n. 获得,所获之物
But stop it has. In the past month, India has joined the list of the wounded. The country is reeling from 11.4% inflation, large government deficits, and rising interest rates. Foreign investment is fleeing, the rupee is falling, and the stock market is down over 40% from the year's highs. Most economic forecasts expect growth to slow to 7%—a big drop for a country that needs to accelerate growth, not reduce it. "India has gone from hero to zero in six months," says Andrew Holland, head of proprietary trading at Merrill Lynch India (MER) in Mumbai. Many in India worry that the country's hard-earned investment-grade rating will soon be lost and that the gilded growth story has come to an end.
reeling: 摇纱，轧管机均整
flee: v. 逃避,逃跑,逃走
proprietary: a. 专利的(所有的)n. 所有权(所有人)
Global circumstances—soaring oil prices and the subprime crisis that dried up the flow of foreign funds—are certainly to blame. But so is New Delhi. Much of the crisis India faces today could have been avoided by skillful planning. India imports 75% of its oil to meet demand, which have grown exponentially as its economy expands. The government also subsidizes 60% of the price of such fuels as diesel. In 2007, when inflation was a low 3%, economists such as Standard & Poor's Subir Gokarn urged New Delhi to start cutting subsidies. Instead, the populist ruling Congress government spent $25 billion on waiving loans made to farmers and hiking bureaucrats' salaries.
circumstances: n. 情况,情形,环境(常用复数)
subsidize: v. 给与补助金,给与奖助金,贿赂
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[hide][/hide]作者: shenhua211314 时间: 08-8-4 07:21
Just six months ago, India was looking good. Annual growth was 9%, corporate profits were surging 20%, the stock market had risen 50% in 2007, consumer demand was huge, local companies were making ambitious international acquisitions, and foreign investment was growing. Nothing, it seemed, could stop the forward march of this Asian nation.
刚刚在6个月前，印度看起来非常的好。年度GDP增长9 ％ ，公司的利润分别超过了20 ％ ，股市上升了50 ％ ，在2007年，消费需求是巨大的，本地公司正在雄心勃勃的国际并购，外商投资持续增长。看起来似乎没什么可以阻止这个亚洲国家的前进。
嘿嘿 每天一段，四天完工。作者: shenhua211314 时间: 08-8-4 07:23
India has gone from hero to zero in six months。
嘿嘿，这句不错，六个月里，印度从英雄变成了狗熊。哈哈。作者: cecilylala 时间: 08-8-4 10:02
提示: 作者被禁止或删除 内容自动屏蔽作者: bingya4557 时间: 08-8-4 15:46
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提示: 作者被禁止或删除 内容自动屏蔽作者: shenhua211314 时间: 08-8-5 08:11
But stop it has. In the past month, India has joined the list of the wounded. The country is reeling from 11.4% inflation, large government deficits, and rising interest rates. Foreign investment is fleeing, the rupee is falling, and the stock market is down over 40% from the year\'s highs. Most economic forecasts expect growth to slow to 7%—a big drop for a country that needs to accelerate growth, not reduce it. \"India has gone from hero to zero in six months,\" says Andrew Holland, head of proprietary trading at Merrill Lynch India (MER) in Mumbai. Many in India worry that the country\'s hard-earned investment-grade rating will soon be lost and that the gilded growth story has come to an end.
今天第二段
但它已停止。在过去的一个月中，印度已加入伤病者名单。通货膨胀，政府赤字庞大，利息上升。外商纷纷撤资，卢比在不停贬值，股市下跌超过40 ％从今年的最高点。大多数经济预测预计增长将放缓至7％，这个是一个大幅下降对于一个需要快速发展的国家。 “印度已经从英雄变成了狗熊，在6个月里。 ”Andrew Holland说，他是（看不太明白）在孟买的主管。许多印度人担心该国的辛苦赚来的钱将很快就要赔进去了，这个国家快速发展的故事已告一段落。作者: luosu714sd 时间: 08-8-5 10:11
提示: 作者被禁止或删除 内容自动屏蔽作者: 无心度能 时间: 08-8-5 11:41
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提示: 作者被禁止或删除 内容自动屏蔽作者: hygo 时间: 08-8-6 08:28
But stop it has. In the past month, India has joined the list of the wounded. The country is reeling from 11.4% inflation, large government deficits, and rising interest rates. Foreign investment is fleeing, the rupee is falling, and the stock market is down over 40% from the year\'s highs.
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