Useful terms and expressions

• sovereign debt crisis – кризис государственной задолженности

• exposure – зависимость

• to generate sales – осуществлять продажи

• to generate revenues – получать доходы

• to jump ship – сменить работодателя; перейти на другую работу

• decision-making – процесс принятия решений

• core units – основные подразделения

• clean fight – честная борьба

• allocation of contracts – передача подряда на выполнение работ

• transparency – прозрачность

• intellectual property theft – кража интеллектуальной собственности

• bribe-paying – взяточничество/коррупция

Consolidation

Exercise №13

Translate the sentences into Russian.

1. Last year the German crop was well down and American growers could not make up the difference, suggesting that prices will go up again.

2. When prices were relatively high, nuclear plants were able to fare well because their facilities, once up and running, were inexpensive to operate.

3. Companies like Exxon Mobil Corp and Chevron Corp may see profits rise as the economy strengthens and oil prices increase.

4. It might take a much bigger than expected job gain in May – well above 200,000 – to nudge the Fed toward a rate hike this month.

5. Productivity recently has been growing well below the 2.2 percent average gains seen over the past 68 years.

6. But the resilience of the economy in the United States and abroad suggests that there is more underlying strength than many may believe.

7. While that was an improvement over an earlier estimate of 0.5%, the pace still well below the economy’s potential.

8. House construction has improved much of this year, with single-family houses accounting for much of the gains.

9. Yesterday the yen, which gained sharply following the UK referendum, extended its gains.

10. But inflation continued to run well below the Fed’s 2% annual target even as more people went back to work and wages began rising.

11. February’s data were in line with those expectations, even though signs had emerged that price gains were once again accelerating.

12. Yet anyone counting on a sustained upturn in the economy would do well to examine the pattern of the past few years.

13. The surge has strengthened the dollar against the euro and yen, which would ultimately help raise import costs in the euro zone and Japan.

14. China’s imports also unexpectedly rose in August for the first time in nearly two years, suggesting domestic demand may be picking up.

15. Barring a large, unpredictable increase in commodity prices, the best-case scenario could be small, predictable inflation – as long as the Fed is committed to it.

16. The import gain suggested lackluster Chinese domestic demand might be firming up.

17. The boost to inflation would only be heightened should Trump go through with plans for slapping tariffs on imports and deporting migrants.

18. Given its long border with Mexico, Texas could be consuming more imported produce than other states, raising the risk of infection.

19. The International Energy Agency has even predicted that barring policy changes, coal may rival oil in importance by next decade.

20. That level of growth will not bring the jobless rate down fast but it would be an improvement and it could be the first step towards a sustainable recovery, thanks to the virtuous circle of stronger job growth leading to higher consumer spending, which in turn should generate more jobs.