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And now time for business news at the world markets.
In Europe, closed a couple of hours ago London's FETE 100 without 26 points, the Tax was also up. In the US trading comes to a close shortly and the Dow Jones is down 65 points, the S&P 500 is up 5 points. And the Australian dollar is worth nearly 1 dollar and 4 cents US this morning, it can also buy nearly 65 British pence1 and 1.27 Newzealand.
The Spanish government has announced 35 billion dollars was off cuts in the measure austerity push. Among the measures including the country's budget incredited in the country's budget, a freezing public salaries and increasing taxes for large companies. Spain's unemployment rate is the highest in the EU and the deputy2 prime3 minister says the country is in an extreme situation.
Meanwhile the 17 eurozone countries will pull up, put up 640 billion dollars in fresh money to help countries with debt troubles. The funding was confirmed at a meeting of eurozone finance4 ministers in Denmark. Eurozone now possesses a one trillion dollar financial firewood that could help put to end its two year old debt crisis5. It's unlucky, however, to come to sense large countries like Spain or Italy would collapse6 deeply running into trouble.
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1 pence | |
n.便士;名词penny的复数形式 | |
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2 deputy | |
n.代理人,代表,副职;adj.代理的,副的 | |
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3 prime | |
adj.首要的,主要的;最好的,第一流的 | |
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4 finance | |
n.财务管理,财政,金融,财源,资金 | |
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5 crisis | |
n.危机,危急关头,决定性时刻,关键阶段 | |
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6 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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