施心远主编《听力教程》3 (第2版)Unit 10课件.pptVIP

Ex. A: Listen and complete the summary This news item is about the G-20’s financing aid for developing countries and activists’ doubt. B: Directions: Listen to the news again and complete the following passage. Activists say that the G-20 promised $100 billion for institutions like the African and Asian Development Banks, but did not specify where the money would come from. Also they want to know how proposals made by the G-20 would work. For example, $250 billion worth of the IMF reserve currency, called Special Drawing Rights would be issued to nations needing funding. According to the plan, nearly $19 billion would go to low income countries and $60 billion to middle income countries. SDRs, which are worth about $1.50 or ￡1 can be exchanged for the leading currencies. The IMF would distribute SDRs to states according to the size of their voting shares within the institution. After listening: Listen to the news story again and study the passage. For development organizations, the meetings are a time to discuss some of the unfinished business of the G-20. Last month in London, its leaders pledged $1 trillion to the IMF for loans and other assistance to help cushion the developing world from the effects of the global financial crisis But some questions remain. Activists say, for example, that the G-20 promised $100 billion for multi-lateral institutions like the African and Asian Development Banks, but did not specify where the money would come from. They also want clarification on how proposals made by the G-20 would work. One is the issuing of $250 billion worth of the IMF reserve currency, called Special Drawing Rights, or SDRs, to nations needing funding against the effects of the global financial downturn. It is estimated that nearly $19 billion would go to low income countries under the plan and $60 billion to middle income countries like Mexico and Brazil. SDRs, which are worth about $1.50 can be exchanged for the leading currencies, including the dollar, t