banks

One hell of a ride

As the global financial crisis worsens, the reports get more dramatic. Would you be able to use the right kind of language to describe what's happening now? Take our short test to find out.

Anti-G20 demo in London earlier this year. Photo: www.flickr.com/photos/solarider

US: When finance ministers and central bank governors meet in Pittsburgh for the G-20 summit, they'll be discussing key issues in the global economy. Protesters in the city will also make their voices heard.

Gipfeltreffen

Schlüsselfragen

Frank-Walter Steinmeier. hard times ahead. Photo: T. Köhler

Germany, Iran and banks

The English-language financial press is concentrating this week on the upcoming German elections and Mahmoud Ahmadinejad's swearing-in as president of Iran, as well as the controversial topic of bank bonuses.

bevorstehend

Vereidigung

umstritten

Thema

Creating wealth

Are banks returning to their bad old ways? We look at media comment on the financial crisis, as well as on the planned free-trade agreement between India and ASEAN.

hier: Gepflogenheiten

EFA (17): Moral hazard

Managing an economy means trying to avoid many hazards, such as high inflation and high unemployment. But there is a special type of hazard that has received a lot of attention recently: moral hazard. Economics for amateurs, part 17.

Risiken

Risiko unehrlichen oder fahrlässigen Verhaltens

Volkswirtschaft(slehre)

Open for business

START-UPS: We may be in a global recession, but it could be just the right time to try out your business idea. In the UK, the economic downturn has led to a huge interest in setting up small businesses.

Abschwung

gründen

Credit combinations

It's not easy to get credit these days, but we can show you how to use this word in different types of Wortpaare. In this exercise, you choose the best combination.

word partnerships

The stress test

To prevent a credit contraction in a recession, EU banks must be forced to hold enough capital to sustain lending, writes the Financial Times.

Schrumpfung; hier: Klemme

aufrechterhalten, durchhalten

Ireland's pain

Today is Good Friday, a day of pain and suffering in the Christian calender. On Easter Sunday, that pain turned to joy as Jesus rose from the dead. In the case of Ireland's economy, the journey from pain to joy will take much longer.

Karfreitag

Business Spotlight 3/2009

How well can you express yourself in business correspondence? Find out by doing our test in Business Spotlight 3/2009. Here's an overview of the main features in this issue – and of our whole range of language-learning products.

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phase-6 Business English Edition

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