english国际经济形势

www.chinaview.cn 2008-10-14 20:26:56 Print

Backgrounder: U.S. Financial Crisis

CANBERRA, Oct. 14 (Xinhua) -- Australian Prime Minister Kevin Rudd made a televised address on Tuesday night to the nation, outlining his government's latest move to protect Australia from the global financial crisis.

Rudd used the 3-minute address to try to reassures Australians, just hours after announcing a 10.4 billion dollars (7.1 billion U.S. dollars) Economic Security Strategy.

\truth is that we are going through the worst financial crisis in our lifetime. I've described it as the economic equivalent of a national security crisis.,\

He said more than 25 banks around the world have failed, or been bailed out, but here in Australia, \balance sheets, in the world.\

资产负债表A statement of a business or an institution that lists the assets, debts, and owners' investment as of a specified date.

资产负债表：一个公司或机构在指定日期的资产、负债和所有者投资的列表说明

He said he would act to ensure the stability of Australia's financial system, but warned the country would not be immune from 免疫的the crisis impacting around the world.

\he said.

\why the government today announced this 10.4 billion dollars Economic Security Strategy to support continued positive growth in the national economy, and to provide practical help to households as well.\

He said there will be tough times ahead, but the government \determined to take whatever action is necessary in the future to steer the economy through this global financial crisis.\

\I have absolute confidence that as a nation, we will get through these tough times together,\

G-7 announces plan to fight global financial crisis www.chinaview.cn 2008-10-11 07:58:42 Print

·The G-7 agrees that the current situation calls for urgent and exceptional action.

·The G-7 will \financial institutions 金融机构failure.\·The G-7 will also take all necessary steps to unfreeze credit and money markets.

WASHINGTON, Oct. 10 (Xinhua) -- Finance officials from the Group of Seven (G-7) announced here Friday a plan of action to battle the ongoing global financial crisis.

\a statement released by the U.S. Treasury Department announcing the plan of action.

\restore the flow of credit, to support global economic growth,\

According to the statement, the G-7 will \support systematically important financial institutions and prevent their failure.\

The world's seven major economies will also take all necessary steps to unfreeze credit and money markets and ensure that banks and other financial institutions have broad access to liquidity 流动性：可得或需要现金时即可获得的能力and funding.

It will \raise capital from public as well as private sources, in sufficient amounts to re-establish confidence and permit them to continue lending to households and businesses.\

Meanwhile, member of the group will ensure that \and guarantee programs are robust and consistent so that our retail depositors will continue to have confidence in the safety of their deposits.\

In addition, the G-7 will \secondary markets for mortgages and other securitized assets.\

The plan of action was announced after G-7 finance ministers and central bank governors met here Friday before the annual meetings of the International Monetary Fund and its sister institution World Bank.

The G-7 meeting, which brought together financial officials of the United States, Germany, Japan, France, Britain, Italy and Canada, was held amid a stunning loss of confidence in the global financial system that has sent markets into a free fall.

\effects on other countries,\the statement said, adding that \will use macroeconomic policy tools as necessary and appropriate.\

\

the G-7 pledged.