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(单词翻译:双击或拖选)
Despite a raft of new corporate1 job losses, world stock markets are higher due to indicators2 out of the United States and China that some say show the global economic downturn starting to stabilize3.
Demonstrators hold up placards calling for 'British jobs for British workers' at an oil refinery4 in northeast England
With large annual losses looming5, Panasonic plans to cut 15,000 employees during the next year and shutdown 27 plants worldwide. That represents about five percent of its huge workforce6.
And carmaker Mazda plans to cut 500 more jobs in Japan as the global slowdown continues to hit the auto7 industry hard.
But not all the market-affecting news was bad. Overseas traders liked a surprise jump in U.S. homes sales in December and a report pointing to a leveling off in the drop of Chinese manufacturing.
Both of these helped the Tokyo index to close nearly three percent higher on the day.
The European markets also gained ground.
But the big worry for many in London remains8 the shrinking job market. In Ireland, a new report shows the unemployment rate there rose to 9.2 percent last month. That is the highest level in 11 years.
Britain's PM Gordon Brown
Speaking in the British parliament, Prime Minister Gordon Brown again stressed that putting up trade barriers now in the hope of saving jobs would only make matters worse.
"The biggest danger that the world faces is a retreat into protectionism," he said. "... It is all the more reason why first of all we should sign the Doha agreement and that will feature on the G-20 agenda. Secondly9, we should make sure that every country is analyzed10 for what it is doing by the World Trade Organization to prevent protectionism, and it is also absolutely clear that we should agree as a world on a monetary11 and fiscal12 stimulus13 that will take the world out of its depression."
London will play host to a summit of leaders from the so-called Group of 20 industrialized countries in early April.
On Thursday, all eyes will be on interest rates, with the Bank of England expected to cut aggressively once again while the more cautious European Central Bank may decide to hold off for now.
1 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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2 indicators | |
(仪器上显示温度、压力、耗油量等的)指针( indicator的名词复数 ); 指示物; (车辆上的)转弯指示灯; 指示信号 | |
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3 stabilize | |
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定 | |
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4 refinery | |
n.精炼厂,提炼厂 | |
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5 looming | |
n.上现蜃景(光通过低层大气发生异常折射形成的一种海市蜃楼)v.隐约出现,阴森地逼近( loom的现在分词 );隐约出现,阴森地逼近 | |
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6 workforce | |
n.劳动大军,劳动力 | |
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7 auto | |
n.(=automobile)(口语)汽车 | |
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8 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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9 secondly | |
adv.第二,其次 | |
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10 analyzed | |
v.分析( analyze的过去式和过去分词 );分解;解释;对…进行心理分析 | |
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11 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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12 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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13 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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