财经英语文章
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财经英语文章篇1
The Rich Get Hungrier
WILL the food crisis that is menacing the lives of millions ease up — or grow worse over time? The answer may be both. The recent rise in food prices has largely been caused by temporary problems like drought in Australia, Ukraine and elsewhere. Though the need for huge rescue operations is urgent, the present acute crisis will eventually end. But underlying it is a basic problem that will only intensify unless we recognize it and try to remedy it.
It is a tale of two peoples. In one version of the story, a country with a lot of poor people suddenly experiences fast economic expansion, but only half of the people share in the new prosperity. The favored ones spend a lot of their new income on food, and unless supply expands very quickly, prices shoot up. The rest of the poor now face higher food prices but no greater income, and begin to starve. Tragedies like this happen repeatedly in the world.
财经英语文章篇2
Developed and developing countries witnessed different rates of growth in mobile-phone subscription from 2000 to 2008. As the bar graph shows, the number of mobile-phone sub-scribers in developed countries rose steadily(稳步增长)from 0.7 billion in 2000 to one billion in 2008. Bystark contrast(突出对比), cell phone users in developing countries soared from 0.4 billion to 4 billion in the same period.
What accounts for this disparity(差距，不同)? The answer involves two factors. The first reason is technology gap. Developed countries generally enjoy advanced technology, which enables them to popularize mobile phone ahead of developing countries. Another contributing factor is the difference in population size. As we know, developed countries usually have a small population but most developing countries a large. As the price of the mobile phone slides(下滑), more and more people in developing countries avail themselves of(利用)this service, which explains thesubstantial increase(大幅增长)in mobile-phone subscription in these countries since 2003.
From the case of mobile-phone subscription, we see that developing countries are quickly catching up(赶追)in science and technology, which is believed to be conducive to closing the gap between developing and developed countries.
财经英语文章篇3
China's currency "is no longer undervalued", according to the International MonetaryFund (IMF).
国际货币基金组织认为，人民币币值已不再被低估。
The US has long suggested that China has manipulated the value of the yuan to boost its exports.
在很长一段时间里，美国曾表示中国通过操控人民币的币值来促进出口。
Undervaluation has been a problem in the past, says the IMF in a statement, but this is no longer the case.
国际货币基金组织在声明中指出，币值低估的问题已经是过去时。
Substantial "appreciation over the past year has brought the exchange rate to a level that is no longer undervalued", it says.
它表示，过去数年的大幅增值使得人民币汇率水平不再被估价过低。
The IMF says China should focus on creating full exchange rate flexibility so that the value of the yuan adjusts as the country grows.
国际货币基金组织认为，中国应该致力于实现完全灵活的汇率机制，让人民币的币值随着国家经济发展进行调整。
The IMF believes that China should aim to achieve a floating exchange rate within the next two or three years.
国际货币基金组织相信，中国应该把目标定为在未来2到3年内实现浮动汇率。
Beijing has said that it wants the yuan to become an alternative reserve currency to the US dollar.
中国政府表示，希望人民币成为美元外的另一种储备货币。
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