step_by_step3000第三册unit3答案与原文.docxVIP

Unit 3 World News: Economic Developments Part I Warming up A Tapescript: Central Bank governors from more than a dozen countries have been meeting in Hong Kong today. One subject they likely discussed is the outlook for the global economy because of the U. S. slowdow n and Japa ns struggli ng recovery. Ano ther topic they may have discussed is how to stre ngthe n finan cial markets in emerg ing econo mies in Asia and elsewhere. A United Nations report says the worldwide total of foreign investment grew by nearly 40% last year to more than 600 billion dollars. The report by the UN Conference on Trade and Development, UNCTAD says most of it took place betwee n developed coun tries as big compa nies took one ano ther over. The Un ited States House of Represe ntatives has approved a cut in in come tax rates, the first part of a package of tax cutt ing measures put forward by Preside nt Bush. The in come tax reduct ions will amount to n early 1 trilli on dollars over ten years. The worlds largest maker of computer chips, In tel, has announ ced job cuts after a fall in dema nd for its products. In tel said it expected its reve nue in the first quarter of this year to fall by a quarter tha n the same period last year. The Califor ni a-based compa ny pla ns to reduce its 85,000-stro ng work force by 5,000. The Europea n Union has imposed further restricti ons on the moveme nt of live-stock after a case of foot-a nd-mouth disease was con firmed in Fran ce. The Un ited States and Can ada have issued temporary bans on the import of all animal produce from EU countries. B Tapescripts: The dollar is trading at one German mark seventy-three point three and at 126.9 Japanese yen. The pound buys one dollar sixty-two point four. I n New York, the Dow Share In dex closed 45 higher at 6,783. Earlier Lon do ns 100 Share In dex en ded 20 higher at 4,390. In Tokyo, the Nikkei Share In dex is closed for a holiday. The Dow Jones In dustrial Average closed up 96 poi nts at 10,116. The Sta