Sunday, May 30, 2010

[8]

I had listened one podcast:
«Not banking on the banks» at BBC World Service, broadcast on Monday 24th May 2010
http://www.bbc.co.uk/iplayer/episode/p007z0wm/Business_Daily_Not_banking_on_the_banks/
Our listening project has been lasting for 6 months. Now I can really see the progress comparing with the beginning. To understand the main idea of the most podcasts is not a problem for me. As for this one, it wasn’t too difficult. I listened to it only once and most of it was clear to me.
This podcast was about the banks, which have blown it. There are new forms of finance after the crash: person to person lending and banks without speculation. The founder of a new bank in Germany which plans only to borrow and lend. It intends to make money in the old-fashioned way without speculating on currencies and stock prices.

Saturday, May 29, 2010

[7]

I had listened to one podcast:
«The Euro Crisis» at BBC World Service, broadcast on Wednesday 26th May 2010
http://www.bbc.co.uk/iplayer/episode/p007z0xl/Business_Daily_The_Euro_Crisis/
I had an am to self-assess what skills do I have to listening tasks, especially how I can understand the authentic speech. I must admit, that it is much better than it was in the beginning of our listening project. Almost everything is clear for me. Now I needn’t listen to the hole podcast twice, just some difficult parts.
This podcast was about welfare safety nets, which could be put at risk if Europe does not undertake major structural reforms of its inflexible labour markets. Europe's social welfare systems could be put under threat if public debt continued to rise. And Lesley Curwen talks to Tim Adams, one of the speakers at the Brussels Economic Forum, where finance ministers, economists and EU officials have been meeting to discuss the euro crisis. Mr Adams, of the Lindsey Group gives us an American perspective on the turmoil in Europe and suggests that there's been a lack of clear leadership.

[6]

I had listened one podcast:
«China and the Euro» at BBC World Service, broadcast on 28th May 2010. http://www.bbc.co.uk/iplayer/episode/p007z0z0/Business_Daily_China_and_the_Euro/
Actually, this podcast wasn’t too difficult for me. The rate of podcast presenter's speech wasn't too fast, but when speaks a person, asked to give interview, he naturally talks a little faster. The was only one moment in the middle of the article, which I had to listen to twice.
And now, let me say some words about the podcast. Europe's debt crisis is making waves across the world economy, and China especially has reason for serious concern. The European Union is China's biggest trading partner, and many firms which depend on European orders for their goods are getting worried about whether demand will fall off, as it did after the 2008 financial crisis. Also, I knew that Latvia still wants to join the euro-zone, even in the throes of Europe's debt crisis.