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Greece has asked for a 60-billion-dollar international aid package to be activated1. Greece had hoped that just the promise of EU support, agreed to last month, would've been enough to reassure2 markets and help the economy recover. But Greece's problems have continued to hit investor3 confidence in the euro and other European economies. And Prime Minister George Papandreou says it's time for the eurozone to act.
To the markets, and Wall Street closed at a 19-month high on the back of health care and energy stocks. The Dow closed 70 points stronger and the NASDAQ put on 11. It was a strong day in Europe too. The FTSE gained 1 percent and Germany's DAX shot up nearly one and a half.
And checking currencies, the Australian dollar's buying 92.8 US cents and 60 British pence.
Melbourne Storm management says it'll ask owner News Limited to help rescue it from its new-found financial woes4. The Storm have to pay more than one and a half million dollars to the NRL due to its major salary cap breaches5. On top of that sponsors ME Bank and HOSTPLUS have withdrawn6 their support. Accountancy firm Deloitte will shortly begin a forensic7 investigation8 of the club's finances.
And that's the latest ABC Business News.
1 activated | |
adj. 激活的 动词activate的过去式和过去分词 | |
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2 reassure | |
v.使放心,使消除疑虑 | |
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3 investor | |
n.投资者,投资人 | |
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4 woes | |
困境( woe的名词复数 ); 悲伤; 我好苦哇; 某人就要倒霉 | |
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5 breaches | |
破坏( breach的名词复数 ); 破裂; 缺口; 违背 | |
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6 withdrawn | |
vt.收回;使退出;vi.撤退,退出 | |
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7 forensic | |
adj.法庭的,雄辩的 | |
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8 investigation | |
n.调查,调查研究 | |
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