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on the New York Stock Exchange. 2.Trading was heavy again Friday on the New York Stock Exchange A bout 97000000 shares were traded,a number second only to the record 133000000 shares traded Wednesday. 3.Manufactures'Hanover Trust Company of New York and the First National Bank of Chicago both reduced their prime rate 15%to 16% 4.The World Bank has approved a 100,000.000 dollar loan to the Ivory Coast. 5.Japan's cabinet has approved a proposed budget plan for next year The dollar budget will reduce total 10 min spending Military spending will be increased 5.1%. 6.Oil ministers of the Organization of Petroleum Exporting Countries have agreed go continue limiting production to 17500000 barrels ofoil a day. 30 min 7.The Commerce Department said its index of leading economic indicators rose 13% in July,the fourth month it has increased. 8.Unemployment in the United States rose last month to 9.5%of the American work force,the highest rate since World War II.The Labor Department said that unemployment rose in May by1%It said 10.500.000 Americans were out of work 9.Poland owes foreign countries about 27000000000 dollars. 10.The Labor Department reports that wholesale prices increased by only 6%in August Part 2 Nobel Prize winner for economics Key words: 20 min Nobel Prize for Economics large forces inflation national savings charge policy on the New York Stock Exchange. 2. Trading was heavy again Friday on the New York Stock Exchange. A bout 97,000,000 shares were traded, a number second only to the record 133,000,000 shares traded Wednesday. 3. Manufactures’ Hanover Trust Company of New York and the First National Bank of Chicago both reduced their prime rate 1.5% to _ 16% . 4. The World Bank has approved a 100,000,000 dollar loan to the Ivory Coast. 5. Japan’s cabinet has approved a proposed budget plan for next year. The 210,000,000,000 dollar budget will reduce total spending .Military spending will be increased 5.1%. 6. Oil ministers of the Organization of Petroleum Exporting Countries have agreed go continue limiting production to 17,500,000 barrels of oil a day. 7. The Commerce Department said its index of leading economic indicators rose 1.3% in July, the fourth month it has increased. 8.Unemployment in the United States rose last month to 9.5% of the American work force, the highest rate since World War Ⅱ.The Labor Department said that unemployment rose in May by 0.1%. It said 10,500,000 Americans were out of work. 9. Poland owes foreign countries about 27,000,000,000 dollars. 10. The Labor Department reports that wholesale prices increased by only 0.6% in August. Part 2 Nobel Prize winner for economics Key words: Nobel Prize for Economics large forces unemployment inflation national savings charge policy 10 min 30 min 20 min
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