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(单词翻译:双击或拖选)
Leaders of the world's 20 major developed and emerging economies have agreed on huge spending measures to boost world economies and implement1 tougher financial regulations to try avoid such crises in future.
Coming out of their full day meeting in London, G-20 leaders spoke2 of success, unprecedented3 consensus4 and historic compromises.
They pledged $1 trillion for the International Monetary5 Fund, the World Bank and other global institutions for individual countries to draw on to restore credit, economic growth and jobs.
President Barack Obama speaks at a press conference at the end of the G20 Summit in London, 02 Apr 2009
U.S. President Barack Obama described the summit as a turning point.
"In an age when our economies are linked more closely than ever before, the whole world has been touched by this devastating6 downturn," said President Obama. "And today, the world's leaders have responded with an unprecedented set of comprehensive and coordinated8 actions."
President Obama said lessons of the past had been learned.
"Faced with similar global economic challenges in the past, the world was slow to act, and people paid an enormous price," said Mr. Obama. "That was true in the Great Depression [of the 1930s], when nations prolonged and worsened the crisis by turning inward, waiting for more than a decade to meet the challenge together."
US President Barack Obama speaks with British PM Gordon Brown during G20 Summit in London, 02 Apr 2009
Summit host, British Prime Minister Gordon Brown said the world had come together with a united plan to combat the global recession.
"We believe that in this new global age, our prosperity is indivisible," said Gordon Brown. "We believe that global problems require global solutions. We believe that growth to be sustained must be shared and that trade must once again become an engine of growth."
The summit's emphasis clearly was on coordinated action. G-20 leaders said they will maintain their current stimulus9 plans and expansionary policies as long as needed.
Again, Prime Minister Gordon Brown
"Together, these actions give us confidence that the global economy can return to growth even faster than the International Monetary Fund is now predicting," he said.
There were vows10 against protectionism and for tougher measures to regulate banks, credit rating agencies and hedge funds, and a crackdown on tax havens11.
"The banking12 secrecy13 of the past must come to an end," said Britain's prime minister.
The measures announced are wide ranging. But economic analysts14 say that what is just as crucial is that the leaders project a united front and a commitment to coordinate7 efforts to combat the crisis.
One after the other, the G-20 leaders seemed intent on doing just that. French President Nicolas Sarkozy said the summit exceeded his expectations and German Chancellor15 Angela Merkel spoke of a very good, almost historic compromise.
No one, it seemed, was going to bring up the differences within the G-20. The United States and Britain had wanted more government stimulus spending while Germany, France and most other European nations wanted tougher regulation of the financial sector16. Some of the poorer nations wanted to ensure they were not forgotten and the bigger emerging economies, such as China and India, were intent on having a bigger say at the summit.
Throughout the meetings, a wide variety of protesters turned out to make their voices heard. On Wednesday, thousands of demonstrators took to the streets of central London - including anti-war, anti-poverty and anti-globalization groups as well as environmentalists and anarchists17. While most of the marching resembled a giant street party, there were clashes with police and some arrests. On Thursday, the demonstrators who turned up around the ExCel Center, where the G-20 leaders met, were reported in the hundreds.
1 implement | |
n.(pl.)工具,器具;vt.实行,实施,执行 | |
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2 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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3 unprecedented | |
adj.无前例的,新奇的 | |
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4 consensus | |
n.(意见等的)一致,一致同意,共识 | |
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5 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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6 devastating | |
adj.毁灭性的,令人震惊的,强有力的 | |
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7 coordinate | |
adj.同等的,协调的;n.同等者;vt.协作,协调 | |
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8 coordinated | |
adj.协调的 | |
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9 stimulus | |
n.刺激,刺激物,促进因素,引起兴奋的事物 | |
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10 vows | |
誓言( vow的名词复数 ); 郑重宣布,许愿 | |
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11 havens | |
n.港口,安全地方( haven的名词复数 )v.港口,安全地方( haven的第三人称单数 ) | |
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12 banking | |
n.银行业,银行学,金融业 | |
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13 secrecy | |
n.秘密,保密,隐蔽 | |
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14 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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15 chancellor | |
n.(英)大臣;法官;(德、奥)总理;大学校长 | |
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16 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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17 anarchists | |
无政府主义者( anarchist的名词复数 ) | |
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