您现在的位置: Language Tips> Audio & Video> Normal Speed News  
   
 





 
European markets rocked for second day
[ 2008-09-17 09:43 ]

 

Download

Major European stock indexes dropped for a second day amid worries about the fallout of the Lehman Brothers investment bank collapse in the United States. For VOA, Tom Rivers in London reports.

The front pages in London speak of the fears average citizens are feeling as this worldwide financial crisis deepens.

The Guardian's headline cries out, "Nightmare on Wall Street". Spread across The Independent, a single word, "Crash!" The Daily Mail asks, "How Much Worse Will It Get?" And the Daily Express speculates on the ultimate cost of the Lehman collapse with the headline, "500,000 Will Lose Jobs in Britain".

Trying to counter this negative mood, Britain's Treasury Secretary Alistair Darling says everything is being done to lessen the impact.

"Uncertainly is affecting all countries in the world but I think on the positive side, governments, central banks and regulators have made it clear that we will do everything that we possibly can to maintain stability in the financial system," he said.

The European markets were all in a gloomy mood, but not quite as negative as they were on Monday.

European central banks pumped yet more billions in short-term credit into the markets Tuesday in an effort to raise liquidity in the wake of the Lehman collapse.

But there is still more pain to come. British Treasury Committee chairman John McFall says if anything, the credit crunch has now gotten even tighter.

"As a result of the weekend's excesses, you will find probably that credit is going to be even harder to get," he said."So, it does have an impact on the person on the street and people have got to realize that.

Meanwhile, Barclay's Bank here has confirmed it is interested in acquiring some assets of Lehman Brothers. Talks are said to be ongoing.

(Source: VOA 英语点津姗姗编辑)

 
英语点津版权说明:凡注明来源为“英语点津:XXX(署名)”的原创作品,除与中国日报网签署英语点津内容授权协议的网站外,其他任何网站或单位未经允许不得非法盗链、转载和使用,违者必究。如需使用,请与010-84883631联系;凡本网注明“来源:XXX(非英语点津)”的作品,均转载自其它媒体,目的在于传播更多信息,其他媒体如需转载,请与稿件来源方联系,如产生任何问题与本网无关;本网所发布的歌曲、电影片段,版权归原作者所有,仅供学习与研究,如果侵权,请提供版权证明,以便尽快删除。
相关文章 Related Story
 
 
 
本频道最新推荐
 
Walking in the US first lady's shoes
“准确无误”如何表达
英国新晋超女苏珊大妈改头换面
猪流感 swine flu
你有lottery mentality吗
翻吧推荐
 
论坛热贴
 
别乱扔垃圾。怎么译这个乱字呀?
橘子,橙子用英文怎么区分?
看Gossip Girl学英语
端午节怎么翻译?
母亲,您在天堂还好吗?