Thursday, April 12, 2007

Text 5: English Original

[1] Economy
[a] World Bank Says Sovereign Wealth Funds Can Help Africa by Investing There.
The World Bank is trying to convince sovereign wealth funds to invest a portion of their growing resources into poor countries.

[b] Mantega Urges IMF to Increase Credit to Emerging Economies During Crises
The International Monetary Fund should boost available credit for emerging economies during crises to help the countries recover more quickly, Finance Minister Guido Mantega said.

[c] South Africa's Rand Gains Against Dollar as Interest-Rate Advantage Widens
South Africa's rand rose for a third week against the dollar after the central bank raised interest rates to the highest level in almost five years, bolstering the currency's appeal as a carry-trade investment.

[d] Chile to Buy U.S. Dollars to Protect Economy from Turbulence, Weaken Peso
Chile's central bank, under pressure from lawmakers and exporters to weaken the peso, plans to buy U.S. dollars in currency markets to shield the economy from global financial turmoil.

[e] Polish Zloty, Czech Koruna Advance for Third Week on Rate Outlook, Growth
Poland's zloty rose for a third week as investors bet the central bank will lift interest rates to quell inflation. The Czech koruna also climbed for a third week.

[2] Opinion

Losing Our Will
By BOB HERBERT: New York Times
Published: April 12, 2008

I wonder what the answers would be if each American asked himself or herself the question: “How is the war in Iraq helping me?” While the U.S. government continues to pour precious human treasure and vast financial resources into this ugly war without end, it is all but ignoring deeply entrenched problems that are weakening the country here at home.

2 comments:

noora soliman said...

HI DR.KHALED,
Could you pls. publish the translated text 4. My colleagues asked me about it.
THANK YOU.

BY THE WAY, I think there is problem in the chat box.

Anonymous said...

i want somebody to give me advice
in my translation draft i have put something i cannot understand prfectly. can i remove this part from the final draft . if doctor amal abd el maqsoud read this message, i need her answer