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Many economists1 are predicting the Reserve Bank will deliver an early-Christmas present when it holds its final meeting of the year today. Financial market are betting on a quarter of one percentage point interest rate cut. Latest figures show a slowdown in growth has prompted renewed calls for a cut to stimulate2 the economy.
Israel's plan to expand Jewish settlements on occupied territories has drawn3 fierce criticism across Europe. The governments of Britain, France, Germany and Sweden have all summoned Israel's ambassadors to express their concerns. Israel announced the move to build 3,000 new homes after the UN voted to give Palestinians greater recognition.
Businesses, unions and welfare groups have formed an alliance to tackle long term unemployment, the Business Council, the ACTU, and the Australian Council Social Services. When the unemployment benefit new start increased, they are also calling for an inquiry4 into entrenched5 disadvantage and a review of the job's service system.
A Queensland bikie gang heads to the high court today to challenge a police move to declare a criminal organization. Lawyers for the Finks Motorcycle Clubs says laws introduced by the state's former government are unconstitutional.
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1 economists | |
n.经济学家,经济专家( economist的名词复数 ) | |
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2 stimulate | |
vt.刺激,使兴奋;激励,使…振奋 | |
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3 drawn | |
v.拖,拉,拔出;adj.憔悴的,紧张的 | |
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4 inquiry | |
n.打听,询问,调查,查问 | |
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5 entrenched | |
adj.确立的,不容易改的(风俗习惯) | |
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6 impending | |
a.imminent, about to come or happen | |
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