Turkish dismay: the swooning lira
- dismay 驚愕煎娇；詫異；灰心贪染；喪氣
- swoon v. 漸漸微弱,漸漸消失
- lira 里拉（馬耳他缓呛、敘利亞、土耳其和意大利貨幣單位抑进，在意大利于 2002 年為歐元所取代）
- An emergency three-percentage-point interest-rate hike and an attempt to simplify the central bank’s byzantine system of rates helped the Turkish lira bounce back from a series of record lows against the dollar in late May.
- interest-rate 利率的
- hike （價格强经、花費等的）大幅度提高，猛增
- bounce back 反彈寺渗；卷土重來匿情；迅速恢復活力
- But the currency, which has shed 18% of its value in 2018, remains on the ropes.
- currency 通貨；貨幣
- on the ropes 岌岌可危信殊；即將完蛋炬称；搖搖欲墜
- Unless the bank increases the benchmark rate once again later today, the lira might see another rout.
- benchmark rate 基準利率
- rout v. 徹底擊敗涡拘；使?jié)?n. 潰敗
- The overall outlook is not pretty. Inflation has remained in double digits for ten months, reaching 12.2% in May.
- Inflation 通貨膨漲
- Moody’s, a rating agency, recently placed Turkey on review for a downgrade, citing eroding investor confidence, and slashed its GDP-growth forecast to 2.5%.
- rating agency 評級機構玲躯；信用評級機構
- downgrade 下調(diào)評級
- erode 腐蝕
- slash 減少
- forecast 預測；預報
Some continue to hope President Recep Tayyip Erdogan will rein in spending and implement the structural reforms his government has long promised, assuming he wins a key election on June 24th.
Experience suggests he will do no such thing.
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感受：經(jīng)營國家和經(jīng)營企業(yè)一樣鳄乏，都有可能走向倒閉啊~
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