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The European Union reached a preliminary deal to curb banker’s compensation that would drastically limit the account that can be
The European Union reached a preliminary deal to curb banker’s compensation that would drastically limit the account that can be
admin
2018-03-01
71
问题
The European Union reached a preliminary deal to curb banker’s compensation that would drastically limit the account that can be paid in bonuses. Britain resisted the move to cap the ratio between bankers’ fixed and variable pay. In a nod to opposition from the City of London the new rules treat long-term incentives linked to equities and bonds more favourably. The deal has to be agreed on by finance ministries next week.
The Royal Bank of Scotland, which is still majority owned by the British taxpayer five years after a government bail-out, reported an annual pre-tax loss of £5.2 billion, mostly because of an accounting quirk connected to the value of its own debts.
RBS’s loss was
put in the shade,
however, when Bankia later posted a net loss for 2012 of £19 billion. The Spanish government owns just under half the bank, but that is expected soon to rise to 70%.
A report by McKinsey underlined the impact of the financial crisis on annual cross-border capital flows, which fell by 60% from 2007 to $4.6 trillion last year. The study says that financial globalisation has "stalled" and that markets have reached an "inflection point" that could lead to a "Balkanised" structure based on local, rather than global, banking systems.
Japan’s prime minister, Shinzo Abe, nominated Haruhiko Kuroda to become the next governor of the Bank of Japan. Mr. Kuroda is the current head of the Asian Development Bank and had been a vocal critic of the BOJ. Mr. Abe has turned the central bank’s record into a political issue, urging it to do more to help "the real economy".
India’s government unveiled the country’s most important budget in years, as it seeks to boost output while controlling inflation. Growth has cooled rapidly to around 5%. The official forecast says that the economy will expand by up to 6.6% in 2013-2014, but the opposition is quick to point out that the estimate for this year was overly optimistic.
Opponents of economic projection in India reckon that ______.
选项
A、the government will cut budget in years
B、economy will grow by 6.6% in the year to come
C、economic growth may be replaced by stagnation
D、government prediction for this year may disappoint us
答案
D
解析
根据题干中的“India”一词可定位到最后一段。题干中的“opponents”对应最后一句中的“the opposition”;“economic projection”对应“official forecast says that the economy…”故将答案锁定到最后一句。该句指出:...but the opposition is quick to point out that the estimate for this year was overly optimistic. 大意为:但是反对者指出,今年的预测太过于乐观。与该句话表述一致的是选项D,government prediction for this year may disappoint us(今年政府的预测可能会令人失望)。其中“government prediction”=“official forecast”;“may disappoint us”对应“overly optimistic”。故该题答案为选项D。
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0
考研英语一
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