Card №1
Task 1. Give the main idea of the text.
When women run the economy
Women hold many top jobs in the world´s largest economy and major global economic institutions.
In the US, Treasury Secretary Janet Yellen, Commerce Secretary Gina Raimondo, and Trade Czar Katherine Tai hold top jobs in President Biden´s administration. Nearly 48% of Biden´s confirmed cabinet-level officials are women, and this change may be already affecting economic policy by shifting the focus to people instead of numbers.
Outside the US, there´s Christine Lagarde at the helm of the European Central Bank, Kristalina Georgieva heads up the International Monetary Fund, and Ngozi Okonjo-Iweala runs the World Trade Organization, although all these jobs were held by men only a decade ago.
Women run finance ministries in 16 countries, and 14 of the world´s central banks. The stakes are high as the global recession has been referred to as a ´she-session´ because of how hard it has hit women. Women comprise 39% of the global workforce; however, they account for 54% of overall job losses.
Difficult words: helm (a wheel for steering a ship or boat; leadership in a company), stake (the costs or risks involved in something), comprise (to consist of something).
March,19,2021 https://www.newsinlevels.com/
Task 2. Describe the following graph. Malnutrition among the elderly
Task 3. Speak on the topic: Audit (internal, external)
Card №2
Task 1. Give the main idea of the text.
U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research.
In March, the annual rate of gasoline spending was at $3,800, Yardeni noted. During the week of May 16, the national retail price for gasoline reached a record $4.59 per gallon, the firm said.
“No wonder that the Consumer Sentiment Index is so depressed. The wonder is that retail sales have been so surprisingly strong during April and May,” Yardeni said in a note. Yardeni said consumers’ inflation-adjusted incomes are barely growing, but they have accumulated a lot of savings, and they are charging more on credit cards.
But Yardeni said don’t bet against the U.S. consumer: “When we are happy, we spend money. When we are depressed, we spend even more money!”
Retail sales data for April, released Tuesday, was surprisingly strong. On a year-over-year basis, retail sales rose 8.2% for the month.
Gasoline sales actually declined in April from March, as prices temporarily fell before ramping up to record levels in May. Spending on gasoline in April surged almost 37% from a year ago, according to Commerce Department data.
The price of gasoline was $3.04 per gallon a year ago, according to AAA. This week, the average price rose above $4 a gallon in all 50 states, according to AAA data.
https://www.cnbc.com/2022/05/18/
Do'stlaringiz bilan baham: |