2. Insert articles and prepositions:

• ____ British are ____ nation of newspaper readers.

Many of them have ____ daily paper delivered to their home.

Fleet Street was ____ home of ____ nation's newspapers till ____ recent past.

Docklands is ____ newly developed business center in ____ eastern part of London.

_____ Financial Times is widely read by businessmen.

Watching television is one of ____ great British pastimes.

Broadcasting in _____ United Kingdom is controlled by ____ ВВС and ____ IBA.

____ ВВС receives its income from ____ government.

____ private companies controlled by ____ IBA earn money from advertising.

• The IBA is responsible ____ looking ____ the regional independent TV companies.

They also broadcast programs they have bought ____ other regions.

National radio is controlled _____ the ВВС.

Listeners can choose ____ four stations.

Some local stations are run ____ the ВВС.

Their programs consist mainly ____ music and local news.

3. Find English equivalents in the text:

Английские газеты можно разделить на две группы –

Эти две группы можно легко отличить друг от друга –

Английские газеты часто ассоциируют с Флит стрит –

Радио Англии контролирует Би-Би-Си –

4. Translate to Russian:

a paper delivered to their home –

Fleet Street located in –

the private companies –

the talks resumed after lunch –

the point mentioned in the letter –

the goods shipped –

the letters of credit opened with –

the news broadcast –

the news televised –

5. Complete as much as you remember:

• The British are a nation ____.

Many of them have ____ delivered.

British newspapers can be divided ____

Quality newspapers ____ while popular newspapers

These two groups ____ distinguished ____ British newspapers are often associated ____.

Fleet Street was the home ____.

But not long ago ____ Docklands

Only ____ Fleet Street.

However ____ to mean 'the press'.

• Watching ____ pastimes

Broadcasting ____ the ВВС and ____ the IBA.

The ВВС receives ____ but ____ advertising.

The ВВС ____ channels.

• National radio is controlled ____ and ____ four ____.

There are many local ____ private ____ the ВВС.

Their programs consist ____.

UNIT 37

FINANCIAL NEWS

1. Read and translate the text:

Here is an item on financial news published by The Financial Times which some participant read:

DOLLAR AND POUND RISE

The dollar and the pound resumed their advances of 1996 against the yen and the D-Mark yesterday.

The US currency was helped chiefly by the US stock and bond markets, which rebounded from Thursday's falls.

The dollar was also boosted by US construction spending for November, which rose where a fall had been forecast. The figures added to the evidence of recent weeks that the American economy has resumed stronger growth. "The US deceleration is probably coming to an end", said Mr. Peter von Maydell, senior currency economist at UBS¹ in London.

The dollar gained 1,5 pfennigs against the D-Mark and YO.5 against the yen to close in London at D.M. 1.557 and Y11.2. But the Tokyo market remained closed for the National Holiday.

Sterling rebounded 2.8 pfennigs against the D-Mark after losing 3 pfennigs on Thursday. With trading thin, dealers say that one sale of GBP 50m worth of D-Marks sent sterling about a pfennig higher.

The pound closed in London at DM2.635 to the German currency and USD 1.692 to the dollar. It gained on strong consumer credit data and on rising oil prices

Sterling has been the strongest major currency over the Holiday period appreciating almost 2 per cent.

¹UBS = United Bank of Switzerland – Объединенный банк Швейцарии