制舒爱价買易大誉 1951 UNIVERSITY OF INTERNATIONAL BUSINESS AND ECONOMICS Unit 10 Financial World 金融世界
Financial World 金融世界 Financial World 金融世界 Unit 10
University of International Business and Economics Learning objectives 1.In this unit students will learn words and expressions related to financial world. 2.Students will be able to talk about their understanding of the financial world. 制仟香价贸易大孝 wER与T节￥Tto4L地SANDFC。NeG
University of International Business and Economics Learning objectives 1. In this unit students will learn words and expressions related to financial world. 2. Students will be able to talk about their understanding of the financial world
University of International Business and Economics Comprehension Questions: 1.What is making banks changes? Competition and the nature of seeking after profits have made banks change. 2.In what way are banks and other financial institutions interwoven? Their business lines are very difficult to separate from each other. 制计价贺易本孝 15 wER与T节￥Tt。4L地S AND FCONOMC
University of International Business and Economics 1. What is making banks changes? Competition and the nature of seeking after profits have made banks change. 2. In what way are banks and other financial institutions interwoven? Their business lines are very difficult to separate from each other. Comprehension Questions:
University of International Business and Economics 3.Are commercial banks allowed to get into the securities business? Yes,they are since the abolishment of Glass- Steagal Act in 1999 4.Is it possible to separate commercial banking from investment banking? No.It will be very difficult to do so nowadays. 制所爱价贸易大孝 UNIVERSITY OF INTERNATIONAL BUSINESS AND ECONOMCS
University of International Business and Economics 3. Are commercial banks allowed to get into the securities business? Yes, they are since the abolishment of GlassSteagal Act in 1999. 4. Is it possible to separate commercial banking from investment banking? No. It will be very difficult to do so nowadays
University of International Business and Economics Part A First listening:listen for the gist What is the main idea of news item one? The World Bank has committed to lend India $3bn a year for the next three years to improve the infrastructure of its rural areas, home to most of the country's poor. What is the main idea of news item two? In a long-awaited but unexpected move, China yesterday announced that its currency would no longer be pegged to the
University of International Business and Economics First listening: listen for the gist Part A • What is the main idea of news item one? The World Bank has committed to lend India $3bn a year for the next three years to improve the infrastructure of its rural areas, home to most of the country’s poor. • What is the main idea of news item two? In a long-awaited but unexpected move, China yesterday announced that its currency would no longer be pegged to the US dollar
University of International Business and Economics What is the main idea of news item three? The gilt market squeezed higher for most of the week even though hopes of a second interest rate cut in the UK this year were all but abandoned. What is the main idea of news item four? Despite its faster growth,America's real bond yields are lower than Japan's and about the same as in the euro area. 制仟爱价贸易大考 151 UNIVERSITY OF INTERNATIONAL BUSINESS AND ECONOMCS
University of International Business and Economics • What is the main idea of news item three? The gilt market squeezed higher for most of the week even though hopes of a second interest rate cut in the UK this year were all but abandoned. • What is the main idea of news item four? Despite its faster growth, America's real bond yields are lower than Japan's and about the same as in the euro area
University of International Business and Economics What is the main idea of news item five? Your name is currently on an estimated 700 databases used by the direct marketing companies that plague potential customers with unwanted phone calls and junk mails. 制纤经价蜀易大学 UNIVERSITY OF INTERNATIONAL BUSINESS AND ECONOMCS
University of International Business and Economics • What is the main idea of news item five? Your name is currently on an estimated 700 databases used by the direct marketing companies that plague potential customers with unwanted phone calls and junk mails
University of International Business and Economics Second listening:listen for specific information Notice the following expressions: have committed to,peg,gilt,squeezed, bond yields,persist,plague,cold calling 制仟香价贸易大孝 15
University of International Business and Economics Second listening: listen for specific information • Notice the following expressions: have committed to, peg, gilt, squeezed, bond yields, persist, plague, cold calling
University of International Business and Economics Third listening:sentences imitation You are asked to use the following active vocabularies to form sentences as what you have heard from listening 1.have committed to The World Bank has committed to lend India $3bn a year for the next three years to improve the infrastructure of its rural areas, home to most of the country's poor. 制卧爱价贫易大学 15 UNIVERSITY OF INTERNATIONAL BUSINESS AND ECONOMCS
University of International Business and Economics Third listening: sentences imitation • You are asked to use the following active vocabularies to form sentences as what you have heard from listening The World Bank ______________ lend India $3bn a year for the next three years to improve the infrastructure of its rural areas, home to most of the country’s poor. has committed to 1. have committed to
University of International Business and Economics 2.peg In a long-awaited but unexpected move, China yesterday announced that its currency would no longer be pegged t to the US dollar. 3.gilt The gilt market squeezed higher for most of the week even though hopes of a second interest rate cut in the UK this year were all but abandoned. 制卧爱价贫易大学 UNIVTRSIT￥￥T月。4L地hE等SAND FCONOMC
University of International Business and Economics In a long-awaited but unexpected move, China yesterday announced that its currency would no longer be _______ to the US dollar. pegged 2. peg The ____ market squeezed higher for most of the week even though hopes of a second interest rate cut in the UK this year were all but abandoned. 3. gilt gilt