Today's News..

Putin speculates on missile targeting

Comments by Russian President Vladimir Putin regarding aiming missiles at Europe were condemned as "unhelpful and unwelcome" by a NATO official. Putin’s remarks came in response to a reporter’s question about US plans to build a missile shield in Eastern Europe. Many nations in Western Europe that were former enemies of Russia during the Cold War have been worried by the prospect of Russian missiles being aimed at them. Putin’s spokesman says that the President was only speaking hypothetically, and that the measure would be a security response to the US.The US claims that the planned shield is intended to intercept missiles from countries such as Iran and North Korea. Russia argues that those countries pose no threat, and that the shield would neutralize Russia’s nuclear arsenal.

* speculate on 깊이 생각하다

* hypothetically 가정한다면(가정해서), 만약에 ~가정한다면..= sth is based on possible ideas or situations rather than actual ones.

** hypothesis 가설, 가정

* intercept 가로채다, 차단(방해)하다, 요격하다..= you stop sth before they get to their destination..

** interception 가로챔, 차단, 요격, 저지..경기 중에 공을 가로채는 것도 interception을 씁니다 :)

Chinese market takes a plunge

Chinese stocks nosedived Monday by 8.3 percent- their second biggest fall this decade. $340 billion in market value was erased after the Chinese government jacked up the share trading tax, prompting many investors to sell. The move came as an apparent action to cool the Chinese market after its strong bull run. Chinese newspapers and analysts are assuring investors the market still has a positive medium and long-term outlook. Many fund managers and analysts in Asia have said that the Chinese market has much more room to fall, as it had already risen 62% this year. They also believe the government would not allow a prolonged drop that could cause social unrest or threaten economic expansion.

* take a plunge 떨어지다, 추락하다.= decrease quickly and suddenly. (= nosedive)(<->soar)

* jack up 밀어 올리다, 높이다.= to raise sth yourself eg) jack up the share trading tax 주식 거래세를 올리다jack up the price 가격을 올리다.

** 자동차를 고칠 때(또는 타이어를 갈 때) 차를 들어올리는 장치를 jack이라고 합니다.

* bull run 자꾸 사들임, 고공행진 = buy shares in expectation of a price rise, in order to make a profit by selling the shares again after a short time.

** bear market 위축(약세) 시장, 하락 시세

** bullish on sth : expected to rise <-> bearish on sth :expected to fall


From Morning Special..