西部落：迪拜疯了

What credit crunch¹?

Mideast companies are shrugging off the credit crunch at the annual Cityscape property fair. CNN's Leone Lakhani reports。

Welcome to our property lunch, needless style, no signs of foreclosures here, instead, elicit² singers, and celebrity³ endorsements⁴.

This is the party held by the developer select group. It’s launching its latest project, the 1.5-billion-dollar auqutian development undevise manmade world islands. An ambitious project as the credit crunch threatens the property market in the rest of the world.

You know I will be bow enough to say I’ve danced the credit crunch is gonna to fight the bar.

Even within all the glancing climber does notice this disguising the facts. The region’s main stock markets lost half their value this year. The central banks in the Gulf⁵ stepped into an issue that investors⁶ that displenty and equality in the markets. And reports point a turn to 15% property price correction in the next year.

But that wasn’t the message conveyed this year’s city scape. The ground scale of the event was man to scale any of market deltas⁷.

For years just has been speculations⁸ that the property bump in the Golf is going to boost. If that’s the case, it certainly not evident here.

From the announcement of a 95-billion-dollar city development to debate plan to break its own record and build the world’s next tallest tower. Each company out doing the other dishing out millions on the disbalzes alone.

Companies spend up to several / million dollars just on the designs and of, and build the vibrate, and which is pretty unheard over sounds / as globally. But I think captures again the essence of what’s happening here and the length people are willing to go to, to track up on that investment right now.

/ holding believes that while it is time to cautious, there are also plenty of opportunities.

We are concerned people that are not always emotional. You know if you look at the stocks that have gone down in value, their profiteer race has not gone down. It is just an emotional say as a result of what’s going on in that of the world. What do we see is an opportunity for people to buy as one, you know. I would see that sent a project, you know, in the US or in Europe. Well, it’s an opportunity to buy among, you know, steep the accounts.

Egypt Sodic⁹ is developing two major city centers outside Cairo. They say the financial structure of dare deals means they are not under pressure from the lending crisis.

Mortgages only represent 2% of Egypt’s GDP, more its company, we have very little debts. We are sitting on a lot of, actually receivables. So we are in a very healthy position, quite / the storm if, if, you know, if it doesn’t span in this region.

With job losses on Wall Street and Europe, hundreds are moving into the regions in searching of work, but even with steady amount and prospects¹⁰ of strong growth, this cash-rich region isn’t completely immune to the global credit crunch.

1 crunch   

n.关键时刻；艰难局面；v.发出碎裂声

参考例句：

• If it comes to the crunch they'll support us.关键时刻他们是会支持我们的。
• People who crunch nuts at the movies can be very annoying.看电影时嘎吱作声地嚼干果的人会使人十分讨厌。

2 elicit   

v.引出,抽出,引起

参考例句：

• It was designed to elicit the best thinking within the government. 机构的设置是为了在政府内部集思广益。
• Don't try to elicit business secrets from me. I won't tell you anything. 你休想从我这里套问出我们的商业机密, 我什么都不会告诉你的。

3 celebrity   

n.名人，名流；著名，名声，名望

参考例句：

• Tom found himself something of a celebrity. 汤姆意识到自己已小有名气了。
• He haunted famous men, hoping to get celebrity for himself. 他常和名人在一起, 希望借此使自己获得名气。

4 endorsements   

n.背书( endorsement的名词复数 )；（驾驶执照上的）违章记录；（公开的）赞同；（通常为名人在广告中对某一产品的）宣传

参考例句：

• He must make much money on those tennis shoe endorsements he does. 他替那些网球鞋珍重广告，就赚了不少钱。 来自互联网
• But celebrity endorsements remain an important promotional tool for marketers. 尽管如此，邀明星助阵仍是营销人员重要的推广手段之一。 来自互联网

5 gulf   

n.海湾；深渊，鸿沟；分歧，隔阂

参考例句：

• The gulf between the two leaders cannot be bridged.两位领导人之间的鸿沟难以跨越。
• There is a gulf between the two cities.这两座城市间有个海湾。

6 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

7 deltas   

希腊字母表中第四个字母( delta的名词复数 )； （河口的）三角洲

参考例句：

• Tidal channels, deltas, and washover fans are characteristically associated with offshore bars. 潮汐水道、三角洲和冲刷扇典型地与滨外砂洲伴生在一起。
• I know many of the early civilizations prospered on deltas. 我知道很多古老的文明都是在三角洲上蓬勃发展起来的。

8 speculations   

n.投机买卖( speculation的名词复数 )；思考；投机活动；推断

参考例句：

• Your speculations were all quite close to the truth. 你的揣测都很接近于事实。 来自《现代英汉综合大词典》
• This possibility gives rise to interesting speculations. 这种可能性引起了有趣的推测。 来自《用法词典》

9 sodic   

adj.钠的，含钠的

参考例句：

• Boron accumulation in sodic soil is the key factor for irrigation application of studied effluent water. 元素在碱性土壤中的累积是影响试验用污水长期灌溉应用的关键因素。 来自互联网

10 prospects   

n.希望，前途(恒为复数)

参考例句：

• There is a mood of pessimism in the company about future job prospects. 公司中有一种对工作前景悲观的情绪。
• They are less sanguine about the company's long-term prospects. 他们对公司的远景不那么乐观。