VOA标准英语10月-US Moves to Strengthen Banks as Markets Rally

World markets are rallying sharply for a second consecutive¹ day as governments continue coordinated² efforts to prop³ up financial institutions and unfreeze tight credit. Government is buying up to $250 billion in stock of private banks and increasing government guarantees of loans and deposits. VOA's Michael Bowman reports from Washington, where President Bush announced new emergency measures to rescue America's banking⁴ system.
　

President Bush delivers remarks on the economy in the Rose Garden of the White House in Washington, Tuesday, 14 Oct. 2008

Speaking before the opening of U.S. financial markets, President Bush detailed⁵ an unprecedented⁶ plan of direct government involvement in private banks. He said the federal government will inject capital into banks by purchasing some of their stock.

"This new capital will help healthy banks continue making loans to businesses and consumers," Mr. Bush said. "And this new capital will help struggling banks fill the hole created by losses during the financial crisis, so they can resume lending and help spur job creation and economic growth."

In addition, the president said the federal government will guarantee most new loans issued by insured banks, including short-term loans between banks. And, the government will take additional steps to make it easier for businesses to cover day-to-day operations.

The president stressed that the steps being taken are temporary, and are, in his words, "not intended to take over the free market, but to preserve it." The funds to be spent will come from the $700 billion rescue package Mr. Bush signed into law earlier this month. The new measures mirror several components⁷ of a European plan announced Sunday.

Meanwhile, the global market rebound⁸ continues. Building on Monday's breathtaking gains, shares in Tokyo finished up more than 14 percent. Major European markets had gained between five and seven percent in afternoon trading

1 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

2 coordinated   

adj.协调的

参考例句：

• The sound has to be coordinated with the picture. 声音必须和画面协调一致。
• The numerous existing statutes are complicated and poorly coordinated. 目前繁多的法令既十分复杂又缺乏快调。 来自英汉非文学 - 环境法 - 环境法

3 prop   

vt.支撑；n.支柱，支撑物；支持者，靠山

参考例句：

• A worker put a prop against the wall of the tunnel to keep it from falling.一名工人用东西支撑住隧道壁好使它不会倒塌。
• The government does not intend to prop up declining industries.政府无意扶持不景气的企业。

4 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

5 detailed   

adj.详细的，详尽的，极注意细节的，完全的

参考例句：

• He had made a detailed study of the terrain.他对地形作了缜密的研究。
• A detailed list of our publications is available on request.我们的出版物有一份详细的目录备索。

6 unprecedented   

adj.无前例的，新奇的

参考例句：

• The air crash caused an unprecedented number of deaths.这次空难的死亡人数是空前的。
• A flood of this sort is really unprecedented.这样大的洪水真是十年九不遇。

7 components   

（机器、设备等的）构成要素，零件，成分； 成分( component的名词复数 )； [物理化学]组分； [数学]分量； （混合物的）组成部分

参考例句：

• the components of a machine 机器部件
• Our chemistry teacher often reduces a compound to its components in lab. 在实验室中化学老师常把化合物分解为各种成分。

8 rebound   

v.弹回；n.弹回，跳回

参考例句：

• The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
• Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。