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VOA标准英语2009年-Children in Somalia Facing Acute Malnutrition C

时间:2009-04-02 01:38:59

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A new report casts doubt on the viability1 of America's biggest carmaker, General Motors, despite costly2 government attempts to rescue the domestic automobile3 industry.
 
Cleaning staff rests next to the signs of carmakers Opel, above, and GM, General Motors, as preparations are underway for the Geneva Motor Show in Geneva,02 Mar5 2009

Since late last year, the federal government has lent tens of billions of dollars to carmakers in return for promises of an aggressive effort to trim costs, restructure operations, and lay the foundation for an eventual6 return to profitability. But now those plans appear to be in peril7.

Auditors8 for General Motors say they have "substantial doubt" the corporation can continue operations, citing massive losses and insufficient9 cash flows among a long list of concerns.

"I think everybody knows this company, as well as Chrysler, are on the brink10 of disaster," said John McElroy, auto4 industry analyst11. "It may well be that this means GM has taken a big step towards Chapter 11."

Part of the U.S. bankruptcy12 code, Chapter 11 allows a failing business to continue operations while restructuring and negotiating with lenders.

General Motors lost more than $30 billion last year, and a total of more than $80 billion over the last three years. GM has received $13 billion in emergency federal loans in recent months and hopes to obtain billions more. It has until the end of the month to secure concessions13 from debtors14 as well as the United Autoworkers Union in order to be eligible15 for further government aid. Last month, the company announced a plan to eliminate tens of thousands of jobs and close several factories. GM says failure to achieve significant cost savings16 would force it into bankruptcy.

Automobile industry officials say they worry that filing for bankruptcy would drive away customers. Millions of American jobs are tied directly or indirectly17 to the car industry.

But some question whether GM can survive no matter what it does, given the current economic climate.

"We have to see some sort of [economic] stabilization," said Keith Crain, who publishes Automotive News trade magazine. "Once that happens, then I think companies like GM and Chrysler can get their costs in line. But as long as there continues to be a free fall, GM is at grave risk."

If automakers are hoping for a quick economic rebound18 to boost their chances of survival, the latest numbers do not look promising19. More than 600,000 Americans filed for unemployment benefits last week, bringing the total number of people on the jobless rolls to 6.5 million, more than double the number that existed a year ago.

"These are the worst set of numbers since the fall of 1982. They will get better, probably by the end of this year, but in the meantime they are going to get a lot worse," said Nariman Behravesh, Global Insight chief economist20.

The deep economic recession is believed to have been caused, in part, by a severe credit crunch21 precipitated22 by a rash of home foreclosures in the United States. The Mortgage Bankers Association reports that more than 10 percent of American mortgage holders23 were either late in payments or in foreclosure at the end of last year.

Separately, U.S. factory orders as well as retail24 sales fell last month.


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1 viability FiHwY     
n.存活(能力)
参考例句:
  • What is required to achieve or maintain such viability? 要达到或维持这种生存能力需要什么?
  • Scientists are experimenting to find ways to ensure the viability of seeds for even longer periods of time. 正如我们所说,科学家正在试验努力寻找让种子的生命力更加延长的方法。
2 costly 7zXxh     
adj.昂贵的,价值高的,豪华的
参考例句:
  • It must be very costly to keep up a house like this.维修这么一幢房子一定很昂贵。
  • This dictionary is very useful,only it is a bit costly.这本词典很有用,左不过贵了些。
3 automobile rP1yv     
n.汽车,机动车
参考例句:
  • He is repairing the brake lever of an automobile.他正在修理汽车的刹车杆。
  • The automobile slowed down to go around the curves in the road.汽车在路上转弯时放慢了速度。
4 auto ZOnyW     
n.(=automobile)(口语)汽车
参考例句:
  • Don't park your auto here.别把你的汽车停在这儿。
  • The auto industry has brought many people to Detroit.汽车工业把许多人吸引到了底特律。
5 mar f7Kzq     
vt.破坏,毁坏,弄糟
参考例句:
  • It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
  • Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
6 eventual AnLx8     
adj.最后的,结局的,最终的
参考例句:
  • Several schools face eventual closure.几所学校面临最终关闭。
  • Both parties expressed optimism about an eventual solution.双方对问题的最终解决都表示乐观。
7 peril l3Dz6     
n.(严重的)危险;危险的事物
参考例句:
  • The refugees were in peril of death from hunger.难民有饿死的危险。
  • The embankment is in great peril.河堤岌岌可危。
8 auditors 7c9d6c4703cbc39f1ec2b27542bc5d1a     
n.审计员,稽核员( auditor的名词复数 );(大学课程的)旁听生
参考例句:
  • The company has been in litigation with its previous auditors for a full year. 那家公司与前任审计员已打了整整一年的官司。
  • a meeting to discuss the annual accounts and the auditors' report thereon 讨论年度报表及其审计报告的会议
9 insufficient L5vxu     
adj.(for,of)不足的,不够的
参考例句:
  • There was insufficient evidence to convict him.没有足够证据给他定罪。
  • In their day scientific knowledge was insufficient to settle the matter.在他们的时代,科学知识还不能足以解决这些问题。
10 brink OWazM     
n.(悬崖、河流等的)边缘,边沿
参考例句:
  • The tree grew on the brink of the cliff.那棵树生长在峭壁的边缘。
  • The two countries were poised on the brink of war.这两个国家处于交战的边缘。
11 analyst gw7zn     
n.分析家,化验员;心理分析学家
参考例句:
  • What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务?
  • The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。
12 bankruptcy fPoyJ     
n.破产;无偿付能力
参考例句:
  • You will have to pull in if you want to escape bankruptcy.如果你想避免破产,就必须节省开支。
  • His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。
13 concessions 6b6f497aa80aaf810133260337506fa9     
n.(尤指由政府或雇主给予的)特许权( concession的名词复数 );承认;减价;(在某地的)特许经营权
参考例句:
  • The firm will be forced to make concessions if it wants to avoid a strike. 要想避免罢工,公司将不得不作出一些让步。
  • The concessions did little to placate the students. 让步根本未能平息学生的愤怒。
14 debtors 0fb9580949754038d35867f9c80e3c15     
n.债务人,借方( debtor的名词复数 )
参考例句:
  • Creditors could obtain a writ for the arrest of their debtors. 债权人可以获得逮捕债务人的令状。 来自《简明英汉词典》
  • Never in a debtors' prison? 从没有因债务坐过牢么? 来自英汉文学 - 双城记
15 eligible Cq6xL     
adj.有条件被选中的;(尤指婚姻等)合适(意)的
参考例句:
  • He is an eligible young man.他是一个合格的年轻人。
  • Helen married an eligible bachelor.海伦嫁给了一个中意的单身汉。
16 savings ZjbzGu     
n.存款,储蓄
参考例句:
  • I can't afford the vacation,for it would eat up my savings.我度不起假,那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时,他的存款已全部用完。
17 indirectly a8UxR     
adv.间接地,不直接了当地
参考例句:
  • I heard the news indirectly.这消息我是间接听来的。
  • They were approached indirectly through an intermediary.通过一位中间人,他们进行了间接接触。
18 rebound YAtz1     
v.弹回;n.弹回,跳回
参考例句:
  • The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
  • Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。
19 promising BkQzsk     
adj.有希望的,有前途的
参考例句:
  • The results of the experiments are very promising.实验的结果充满了希望。
  • We're trying to bring along one or two promising young swimmers.我们正设法培养出一两名有前途的年轻游泳选手。
20 economist AuhzVs     
n.经济学家,经济专家,节俭的人
参考例句:
  • He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
  • He's an economist who thinks he knows all the answers.他是个经济学家,自以为什么都懂。
21 crunch uOgzM     
n.关键时刻;艰难局面;v.发出碎裂声
参考例句:
  • If it comes to the crunch they'll support us.关键时刻他们是会支持我们的。
  • People who crunch nuts at the movies can be very annoying.看电影时嘎吱作声地嚼干果的人会使人十分讨厌。
22 precipitated cd4c3f83abff4eafc2a6792d14e3895b     
v.(突如其来地)使发生( precipitate的过去式和过去分词 );促成;猛然摔下;使沉淀
参考例句:
  • His resignation precipitated a leadership crisis. 他的辞职立即引发了领导层的危机。
  • He lost his footing and was precipitated to the ground. 他失足摔倒在地上。 来自《简明英汉词典》
23 holders 79c0e3bbb1170e3018817c5f45ebf33f     
支持物( holder的名词复数 ); 持有者; (支票等)持有人; 支托(或握持)…之物
参考例句:
  • Slaves were mercilessly ground down by slave holders. 奴隶受奴隶主的残酷压迫。
  • It is recognition of compassion's part that leads the up-holders of capital punishment to accuse the abolitionists of sentimentality in being more sorry for the murderer than for his victim. 正是对怜悯的作用有了认识,才使得死刑的提倡者指控主张废除死刑的人感情用事,同情谋杀犯胜过同情受害者。
24 retail VWoxC     
v./n.零售;adv.以零售价格
参考例句:
  • In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
  • These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

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