700万 速译通 英汉双语词典 翻译/解释/意思 (查询0.056秒)
He put his old car on the market.
They put a new product on the market.
A new type of car is on the market now.
These computers are not yet on the market.
They put the family business on the market.
in the market
700万 速译通 英汉双语词典 翻译/解释/意思 (查询0.054秒)
1. in the market (for) 准备买
2. in the market for sth 想买进某物,乐于接受某物,正在寻求
Food is cheap in the market.
He sells his work in the market.
I am in the market for a new car.
The crowd jostled us in the market.
I must get some fruit in the market.
We are in the market for a used car.
By Michael McKee and Simon Kennedy
Oct. 22 (Bloomberg) — World leaders, facing financial markets in turmoil and the of global recession, will discuss ways to fix the crisis at a summit meeting in next month.
U.S. and European leaders, sparring over the causes of the credit crunch and how to cure it, don’t expect to reach consensus on what steps to take. Instead, the Nov. 15 summit may produce only an agreement to hold meetings.
“ will come with their own ideas,” White House Dana Perino said. “Not everybody will have the same solution.”
President George W. Bush, to calls from French President Nicolas Sarkozy and U.K. Prime Minister Gordon Brown, invited leaders from the so-called Group of 20 and nations to attend the summit almost two weeks after the U.S. election.
Stock markets around the world have tumbled this year, with declines as banks all but ceased lending in recent weeks. Since the U.S. bank Lehman Brothers Holdings Inc. declared Sept. 15, the Standard & Poor’s 500 index has fallen 28 percent, the U.K.’s FTSE 100 is down 25 percent, Germany’s DAX 27 percent, and Japan’s Nikkei 225 has dropped 29 percent.
Brown wants greater cross-border oversight of banks and other financial firms. “We must now take action on the global financial recession,” he said in today, “because no country can insulate itself from it.”
Sarkozy has called for much stricter of financial markets and their . He said today his goal is to “reform the financial system and ensure that the current crisis won’t repeat itself thanks to a better .”
Perino, however, suggested the Bush is more in a of “” for prudent country- by-country .
And the Financial Services , which 100 of the largest U.S. banking, insurance and companies, said while it supports the idea of for capital standards and consumer , the of those should be left to each country. “We live in a global economy,” said President Steve Bartlett.
Jeffrey Sachs, director of Columbia ‘s Earth Institute in New York and a longtime adviser on economic and fiscal issues to worldwide, said the leaders’ first goal should be to mitigate the effects of a global recession.
The G-20 should encourage looser fiscal policy in Asian countries such China, South Korea and Japan to stimulate trade and demand. And the leaders should use their central banks to provide a safety net for banks in emerging- market nations that “might face a threat to liquidity through no fault of their own,” he said.
Low interest rates through much of this decade led banks and houses around the world to make loans that have since soured. Many of those loans were packaged into other , which have also gone bad, forcing financial to write down billions of dollars in assets.
That has led to the worst worldwide credit crunch since the Great . The Monetary Fund this month forecast global growth would drop to 3 percent next year, which the lender calls the dividing line between global recession and expansion.
Recalling Bretton Woods
European leaders have said the fallout justifies major changes in the way financial are regulated. Sarkozy, 53, has compared the effort to the 1944 Bretton Woods in New Hampshire that fixed exchange rates, hitched the world to the gold standard and created the Monetary Fund and World Bank.
The talks, he said, should aim to impose stricter on financial , curb bonus packages for bankers, overhaul rules and reshape policies on foreign exchange rates.
“We must reform so that the most efficient system ever created doesn’t destroy its own ,” Sarkozy, whose country now holds the of the 27-nation European Union, said last week.
Brown, 57, has lobbied placing the world’s top 30 banks under the of a panel of .
Bush, 62, said Oct. 18 any reforms must preserve the free- market system and the free flow of trade and .
“It is essential we preserve the of ,” he said.
The suggest little may be , said Allan Meltzer, a professor at Carnegie Mellon in . He chaired a that studied the financial system in 2000 after the Asian financial crisis.
“ like Bretton Woods require a fairly large amount of and agreement on goals,” Meltzer, 80, said. “That isn’t present.”
Julian Jessop, chief economist at Capital Economics Ltd. and a former U.K. Treasury official, also said he was skeptical about what the summits could .
“What’s worked well in the last few weeks is countries have come up with their own solutions for the credit crunch and best practices have emerged that others can copy,” Jessop said. “It’s a global problem, but maybe it’s best for countries to come up with their own end.”
Sachs, 54, said the meetings would have long-term value only if they are broader than the leaders have suggested so far. The financial put in place at Bretton Woods, designed to deal with the aftermath of World War II, should be replaced by set up to deal with today’s problems, including energy, the , climate change, and poverty.
“We need financial that make sense for the we’re facing,” he said, “not just an effort to fight the last war, which is what financial would do.”
While both U.S. major-party nominees have been informed of plans for the summit, Perino said it’s too early to say whether the president-elect would attend. “We will look for his input after the election” on Nov. 4, she said.
nominee Barack Obama said he has advocated for such a summit, but he told reporters in Richmond, Virginia, it would be to say ahead of the election whether he would attend. “We have only one president at a time,” Obama said today.
candidate John McCain sees the summit as “an important ” for world leaders to share ideas and , senior economic adviser Doug Holtz-Eakin said in a statement.
The Group of 20, created as a response to the financial crises of the late 1990s, includes finance ministers and central bank governors from the G-8 nations as well as nations.
G-20 members are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, South Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the U.S., the U.K. and the European Union.
Others invited include Monetary Fund managing director Dominique Strauss-Kahn, World Bank President Robert Zoellick and United Nations Secretary General Ban Ki-moon.
To contact the reporter on this story: Michael McKee in New York at mmckee@bloomberg; Simon Kennedy in Paris at Skennedy4@bloomberg
Last Updated: October 22, 2008 18:13 EDT