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(单词翻译:双击或拖选)
Talks in the United States on the country's financial crisis remain on a knife edge as the January deadline approaches. President Barack Obama has told policy-makers to go home for Christmas before returning to Washington on Wednesday to resume their talks. US politicians need to agree on measures to avoid billions of dollars in tax increases and spending cuts before the first of January.
The Australian share market has ended higher ahead of the Christmas break as investors1 put aside worries about the stalemate of over the US fiscal2 cliff. In a shortened day of trade, the All Ordinaries Index ended two tenths of a percent higher and the ASX 200 Index put on a quarter of a percent. Over the calendar year so far, the benchmark ASX 200 Index is around 14 percent higher. The Australian dollar has dropped around half a cent against the greenback since Friday's close as investors sold off risky3 assets.
The surf-wear retailer4 Billabong says it's allowing former executive board member, Paul Naude, to carry out due diligence on the company as part of his takeover attempt. Mr Naude has made a 527-million-dollar offer for the company as part of a wider consortium. Billabong says it's reviewed the proposal and will allow the consortium to examine the company's financial records. The due diligence process is expected to take up to six weeks.
点击收听单词发音
1 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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2 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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3 risky | |
adj.有风险的,冒险的 | |
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4 retailer | |
n.零售商(人) | |
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