Unit 11 News (II)
Part I Warming up
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A. Training focus: numbers ranging
from 0.25 to 37,000,000,000.
Write numbers as quickly as possible
by using “,”. The first “,” from the right
indicates thousand. The second
indicates million and the third billion
Read the following numbers
and have students write them
down.
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35,000
279, 000
4,567,000
90,
321,000 865,000,000
1,321,000,000
21,780, 234,000
1.
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Vocabulary
aerospace: adj. related to flight in outer
space
e.g. The country’s aerospace program
has made much progress.
interest rate: 利率
loan: money borrowed from the bank
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Rangoon: 仰光the capital city of Burma
Burma: Myanmar 缅甸
The Gulf Cooperation Council: 海湾合作
委员会
The New York Stock Exchange: 纽约股
票市场
2.
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Key
1)
$25,000,000,000
2)
$161,000,000
3)
$37,000,000,000 / 28,000,000,000dollar / $24,000,000,000
4)
30,000,000
5)
$1,000,000,000
6)
5,5% / 7.5%
7)
550 / 7%
8)
0.25% / 4.75% / 4.5%
B. Training focus: News Leads.
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1.
Vocabulary
demonstrator: people who match in protest 游
行示威者 related words: demonstrate,
demonstration
senate: a group of people in government,
with the power to make laws 参议院
e.g. The U.S senate meets in Washington,
D.C
inflation: a rise in prices and lowering of
currency’s value
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the Czeck Republic: 捷克共和国
Dutch: 荷兰的
Manila: 马尼拉 the capital city of
Philippines
the Federal Reserve Board: 联邦储备委
员会
2.
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Key
1） increasing their protests against rising
fuel prices
2） a meeting of African nations
3） the Czeck Republic/ by early 2003 /a
conference of EU members
4） Central Bank governors / Britain, Canada,
France, Germany, Japan and the United
States
5） reduce the amount of oil / harming their
economics.
6） cutting taxes on oil products
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7） increase trade / bring peace and security
to the area /in Manila
8） support policies that keep inflation low
9） open Japanese ports to foreign
companies
10）
his country’s economy / a
leading manufacturing and financial center
Part II News Items
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Training Focus: News summary and note
taking
A. WTO meeting
1.
Vocabulary
concern: care; attention
delegate: representative
antidumping: object to selling goods in large
quantity at a low price to reduce an oversupply or to win a greater share of the
market from competitors
2.
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Key
Event: the World Trade Organization meeting
City: Seattle
Starting time: not clear
Finishing time: Friday,
Contentious issue: agriculture trade
barriers, environmental and labor concerns
Possible outcome: no agreement /
consensus on plans for a new round of talks
B. Mexico
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1.
Vocabulary
restriction: limitation
landmark: an important event
comprehensive: that which includes
everything;
e.g. Our company has a comprehensive
health plan that covers expenses for doctors,
hospital, medicine, and dental care.
accord: agreement
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dismantle: take down or break down into
pieces. (here in the news) remove ( the
trade barriers )
pact: agreement; accord
ratify: make into law; approve formally 正式
批准
take effect: become valid; go into effect
e.g. The new law will take effect next month.
EU Trade Commissioner: 欧盟贸易总干事
Brussels: 布鲁塞尔 the capital of Belgium
2.
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Key
1)
The news items talk about a trade
agreement reached between Mexico and EU.
2)
a. more than one year
b. remove/ 95%+ /trade barriers between EU
and Mexico
c. more and better jobs/ new possibilities /
Mexican businesses
d. the U.S. / Canada
e. on July 1st, 2000
C. Stock exchange
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1.
Vocabulary
soar: (of prices, numbers etc.) go up rapidly
e.g. The number of world population soared
in the last century.
bench mark: sth. that serves as a standard by
which others may be measured; 基准； 基准
尺度
e.g. the four major US bench marks—The
Nasdaq, the Dow Jones Industrial Average,
the Standard & Poor’s 500 and the Russell
2000
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prime market economist: the most
important market economist
upswing: upward trend 上升趋势
the Nasdaq Composite Index: 纳斯达克
综合指数
the Standard & Poor’s 500:
the Russell 2000:
2.
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Key
1） The news items talk about the rising of
the Nasdaq Composite Index to a new
record high.
2） a. When? on Wednesday
b. What? above 4,000
c. How much? 84%
d. What? the Dow Jones Industrial Average,
the Standard & Poor’s 500 and the Russell
2000
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e. What? He doesn’t think that the
upswing will last for ever. / He doesn’t
think the markets can keep rising at this
rate.
f. Who? telecommunications equipment
and software computer companies
Part III Nasdaq
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Training focus: Outlining
I. Vocabulary
NASDAQ: National Association of Securities
Dealers Automated Quotations
（美国用计算机储存的）全国证券交易商协会
自动报价表
B. Statements
1.
F 2. T 3. T 4. F 5. F
Part IV Words and Their
Stories
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1.
Vocabulary
broker: a person who matches buyers and
sellers; an agent经纪人
e.g. a stockbroker/ a real estate broker
decrease: to grow smaller in number
duck: (of prices) go down
dispute: argue against
belly: stomach
windfall: something wonderful that happens
unexpectedly
2.
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Key
A.
1.
a stock exchange: noisy place / bell/
lighted messages / computers / talk on the
telephone/ shout / run around
2.
brokers: experts / salespeople / buy &
sell shares of companies
3.
stocks: shares
4.
the big board: a list of stocks sold on
the New York Stock Exchange
5.
a bear market: prices /
go down
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6.
a bull market: prices / go up
7.
a company that goes belly up: a
company that does not earn enough
profit
8.
a windfall: a sharp increase in the
value of a stock / something wonderful
that happens unexpectedly
B.
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1.
in 1837 in a newspaper in Illinois
2.
old story/ sold the skin of a bear /
before caught it
3.
a long connection /bulls and bears / in
sports / popular years ago / England
4.
fish/ turn over on their back / die
5.
England / centuries ago / poor people /
banned /cutting trees /the wind blew down
the tree / take for fuel