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And Germany Chancellor1 Angla Merkel has pleged her country's support for Greece's austerity measures during a visit to Athens. She says Greece has made good progress in dealing2 with its massive debt. Her visit prompted a large protest outside the parliament. Police had to use tear gas and stun3 grenade to disperse4 demonstrators , as you can see there.
Investors5 have rushed to take up BHP Billiton's first bond offered in Australia more than a decade. The world's biggest mining company says the proceeds of the one billion sale would be used to fund general business operations. Yesterday, it emerges that up to 200 jobs could go at BHP Billiton's iron ore division, mostly at its Perth headquarters and its chief rival Rio Tinto says it plans to cut cost further amid ongoing6 volatility7 in commodity prices.
To the markets now.
And stock in the US and Europe lost ground after International Monetary8 Fund cut its forecast for global growth.
To commodity prices.
West Texas Crude is trading at 92 US dollars a barrel. Tapis Crude is trading at 118 US dollars a barrel. And gold is worth 1764 US dollars an ounce.
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1 chancellor | |
n.(英)大臣;法官;(德、奥)总理;大学校长 | |
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2 dealing | |
n.经商方法,待人态度 | |
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3 stun | |
vt.打昏,使昏迷,使震惊,使惊叹 | |
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4 disperse | |
vi.使分散;使消失;vt.分散;驱散 | |
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5 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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6 ongoing | |
adj.进行中的,前进的 | |
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7 volatility | |
n.挥发性,挥发度,轻快,(性格)反复无常 | |
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8 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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9 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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