Fill in the blanks with either CAPACITY or FACILITY(ies)
1. Some economists question Ecuador’s [____________] to keep growing quickly.
2. A further $501m has been earmarked to build rail and port[___________] for the iron ore project in Guinea, West Africa.
3. Built in 2011 and operated by 11 employees on site, the new storage [___________] includes 11 tanks with a total [___________] of over 140’000 m3.
4. In 2005 and again in 2008, OPEC spare [___________] dipped towards 2 Mbpd, that lead to the enormous run up in oil price last decade.
5. The Interstate Natural Gas Association of America has published forecasts showing that by 2035 the US will need $205bn of investment in new gas pipelines and processing [___________] to meet the expected increase in production and demand.
6. The plant in Durban, which employs 7,100 people, has an annual production[____________] of 220,000 units.
7. Economists are divided as to how much manufacturing strength they expect to see in September reports on industrial production and [____________]utilization.
8. The combination of ampleidle[_____________],tight financing and continued weak external demand is expected to result in a largely jobless recovery.
9. Idle [_____________] of the manufacturing [____________] — underutilized technologies, people, equipment and resources—drives cost of goods to unsustainable level.
10. As [_____________] age, the ability to restart idle production lines wanes, and there is evidence that some of these lines have seriously degraded.
11. China produces around 45 percent of the world’s steel and has over 200 million metric tons of excess production[_____________].
12. The Federal Reserve System permits U.S. banks to establish international banking [____________], which allow banks to conduct transactions with foreign customers and thereby compete in the international banking market.
Exercise № 7
· challenge (n) – 1) вызов 2) трудная проблема, задача
· tochallenge (v) – 1) бросать вызов 2) оспаривать, ставить под сомнение 3) ставить проблему перед кем-либо
· tomeetthechallenge – 1) принимать вызов 2) решать проблему
Translate the following sentences into Russian.
1. OECD governments consider excess capacity as being one of the main challenges facing the global steel sector today.
2. In the current context the challenge for any insurance company is to become more efficient, reduce risk, be more flexible while at the same time keeping costs down.
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3. Gluts of everything from iron ore to copper are the main challenge for mining industry.
4. Indian pharma companies will face a number of challenges in the US market including reduced number of big products going off patent, increased competition and rise in regulatory scrutiny.
5. WhileBrazilhas already achieved a high level of urbanisation, tested different policies and approaches to address the slum challenge it still has 44 million people living with inadequate urban housing or utilities.
6. Burberry has warned the “challenging environment” for luxury retailers is likely to continue in the near term as the UK brand laid out a plan to revive growth, including targeting cost savings of “at least” £100m a year by 2019.
7. There are signs that the big banks’ strong position in the funds market has to a larger degree beenchallenged by stiffer international competition and increased customer mobility.
8. There are challenges that are common to all central banks in advanced economies, which are linked to a global low inflation environment.
9. Shell has a record of leading the development and use of technology as a means of overcoming physical challenges to enable oil and gas development in deeper water and harsher environmental conditions.
10. Proposals published Tuesday that would give the European Union’s executive the right to scrutinize natural-gas deals and force countries to cooperate during supply shortages will test the bloc’s commitment to challenging Russia’s dominance in the gas market.
11. Pioneering deep-water and well technologies apply to the exploration ofgas inchallengingenvironments such as deep sea and arctic environments.
12. Such a referendum would, in a way, challenge the authority ofthe Security Council and its relevant resolutions.
Exercise № 8
business(n) – 1) компания; предприятие; подразделение компании; 2) дело; предпринимательская деятельность; 3) деловая активность
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