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Business Matters: Huge Turkish interest rates rise 29 Jan 14
Turkey's central bank raises the key interest rate to 12 per cent in the hope of attracting investors2 and supporting the flagging lira. The bank's monetary3 policy committee held an emergency meeting after the lira hit records lows against the euro and the dollar. The Thai capital, Bangkok, is bracing4 itself for more trouble as the government presses ahead with election plans and threatens protest leaders with arrest. The protesters have vowed5 to close down the government ministry6 charged with enforcing the state of emergency. As Queen Elizabeth's finances hit a historic low, we ask: what's the future for Britain's Royal family? The Motley Fool's David Kuo joins us from Singapore, and in New York, Andrew Ross, author of Creditocracy, tells us what he thinks Obama should have put in his sixth State of the Union address. And last but by no means least, Rahul Tandon's in Calcutta, bringing us the latest business news from India.
1 wed | |
v.娶,嫁,与…结婚 | |
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2 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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3 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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4 bracing | |
adj.令人振奋的 | |
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5 vowed | |
起誓,发誓(vow的过去式与过去分词形式) | |
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6 ministry | |
n.(政府的)部;牧师 | |
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