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To the finance now, and Greece is likely to get its next rescue payment of $11 billion. Inspectors1 from the International Monetary2 Fund, the European Union and the European Central Bank have given the Greek government the tick of approval. The money will be paid next month that is needed to ensure Greece avoids defaulting on its debt.
But a proposal to broaden Europe's stability fund is under threat. The Slovakian parliament looks likely to vote against it. Now without unanimous support from all 17 eurozone countries, the proposal could be delayed.
US President Barack Obama has conceded he may have to break up his jobs bill in the face of political paralysis3 in Washington. The plan looks set to fail in the US Senate with Republicans refusing to back it and some Democrats4 signalling their opposition5. The $445 billion dollar plan is aimed at tackling America's 9 per cent jobless rate.
Let's check out the markets now: the Dow Jones fell 17 points overnight. The session just closed there. The NASDAQ rose 17; the S&P 500 down three. And across in London, the FTSE has shed three points.
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1 inspectors | |
n.检查员( inspector的名词复数 );(英国公共汽车或火车上的)查票员;(警察)巡官;检阅官 | |
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2 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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3 paralysis | |
n.麻痹(症);瘫痪(症) | |
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4 democrats | |
n.民主主义者,民主人士( democrat的名词复数 ) | |
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5 opposition | |
n.反对,敌对 | |
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6 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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