IMF's Lagarde: Global Economy in 'Dangerous Phase'

 　　The head of the International Monetary¹ Fund says the global economy has entered a "dangerous phase" in which advanced economies risk slipping into a new recession that also would hurt developing nations.

　　IMF Managing Director Christine Lagarde said Thursday, in her first major speech in Washington since taking the post in June, weak growth and huge debts are holding back demand, investment and job creation.

　　Speaking at a forum² of Woodrow Wilson International Center for Scholars, Lagarde said that if advanced economies enter their second recession since 2008, emerging markets will be pulled down with them. She said a lack of political determination in advanced economies to fix debt problems is making the situation worse.

　　Lagarde called on international leaders to take the same kind of urgent, collective action that they used to address the global financial crisis in early 2009. She said she was "very reassured³" by a German-French statement that debt-ridden Greece must remain a part of the 17-nation eurozone.

　　Lagarde said she also welcomes U.S. President Barack Obama's recent proposals to stimulate⁴ economic growth and employment in the United States, the world's biggest economy.

1 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

2 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。

3 reassured   

adj.使消除疑虑的；使放心的v.再保证，恢复信心( reassure的过去式和过去分词)

参考例句：

• The captain's confidence during the storm reassured the passengers. 在风暴中船长的信念使旅客们恢复了信心。 来自《现代英汉综合大词典》
• The doctor reassured the old lady. 医生叫那位老妇人放心。 来自《简明英汉词典》

4 stimulate   

vt.刺激，使兴奋；激励，使…振奋

参考例句：

• Your encouragement will stimulate me to further efforts.你的鼓励会激发我进一步努力。
• Success will stimulate the people for fresh efforts.成功能鼓舞人们去作新的努力。