Unit 9* The Role of Government
- Read the extract from the article from the CNN Money website and complete it with the expressions listed.
compensate stress pointed out disagreement
worsened storm regarded difficulties recession
further addressed shutdown
Airline Relief Debated
While seeking cooperation, European officials also want end to subsidization.
New York (CNN/Money) — Officials from the global airline industry talked Sunday at the World Economic Forum about ways to help it recover from a “perfect storm” of terror attacks and financial... (1). And while they agreed that global coordination was necessary to solve the industry’s problems, there was ... (2) about the role governments should play.
“The air transport industry is in sort of a perfect... (3), in which a series of events have coincided — many of which we’ve seen once or twice before, but never all at once — and it has put tremendous ... (4) on the system,” said Dan Lewis, president of management consulting firm Booz Allen Hamilton Inc.’s worldwide commercial business.
Beginning in late 2000, the industry suffered first from high oil prices, then from a US ... (5), which led to a global recession, which was ... (6) by the Sept. 11 terror attacks. The attacks themselves led to a ... (7) of US air traffic for four days, followed by increased security costs and a dramatic reduction in traffic.
Even before Sept. 11, Lewis... (8), the industry had serious infrastructure problems that will also have to be ... (9) eventually.
“It cannot be that alliances which are necessary for this industry and for customers worldwide will be ... (10) from a different point of view here in the United States by the Department of Transportation than they are by our European Commission,” Weber said.
While the officials also agreed that the US government was correct to...
- US airlines for losses they suffered immediately after Sept. 11, there was disagreement about the ... (12) role of governments in helping the airlines, both in the United States and the rest of the world.
- After filling in the gaps read the extract once more and decide which of the statements are True and which are False and write T for True and F for False.
- The officials from the global airline industry agreed that governments should play a more active role.
- The system is under tremendous stress due to the coincidence of a series of events.
- Global recession led to a US recession.
- Alliances that are necessary for this industry should be regarded differently in the US and Europe.
- The officials approved the fact that the US government had paid US airlines for losses after September 11.
- Give Russian equivalents and make up your own sentences:
- family-friendly employment practices;
- halt arms exports;
- under scrutiny;
- overall competitiveness strategy;
- create flexible career structures and opportunities.
- Translate the following sentences into Russian.
- It is rather important that this industry get back to a level of profitability that can sustain it.
- The officials were in lockstep that a “harmonized” effort is necessary to fix the airline industry’s problems, including standardized security procedures and a more cooperative approach to competition issues.
- The European officials were adamant that subsidies for ailing airlines be eliminated.
- Some American companies are benefiting from government assistance and unfairly competing with European companies for trans-Atlantic routes.
- Whenever you have a system that doesn’t produce a reliable process, it behooves governments to intervene.
- Render the extract from the article using the active vocabulary.
Что касается внутренней политики, президент наконен-то отказался от своей точки зрения, что правительству не следует вмешиваться в бизнес, заявив, что контроль над финансовой отчетностью корпораций будет только ужесточаться. Буш не сказал слово «Энрон» прямо, но выразил резкое недовольство тем, что ложные финансовые заявления компании нанесли ущерб людям.
«Я прошу Конгресс ввести в действие новые механизмы защиты пенсионных планов, — сказал Буш под аплодисменты. — Сотрудники, работавшие так упорно и копившие деньги всю жизнь, не должны рисковать потерять все в том случае, если рухнет их компания».
Буш сделал обещание в духе Клинтона — использовать властные полномочия правительства для создания рабочих мест и защиты людей, не имеющих медицинской страховки. Это — резкая перемена по сравнению с его инаугурационной речью, когда он сказал американцам, что «ваши действия не менее важны, чем любые действия правительства».