Articles

Affichage des articles du décembre, 2010

Interview with Federal Reserve Chairman Ben Bernanke

On "60 Minutes" this week, Scott Pelley interviewed Fed Chairman Ben Bernanke, discussing a wide range of economic issues. Here's the "60 Minutes Overtime" cut of the Bernanke interview.

Wall Street: The Speed Traders

Steve Kroft gets a rare look inside the secretive world of "high-frequency trading," a controversial technique the SEC is scrutinizing in which computers can make thousands of stock trades in less than a second - pod : (Aerospace) A detachable compartment on a spacecraft for carrying personnel or instrumentation > module - front running - security - to gobble up : engloutir - warden : directeur, gardien

Copenhagen Summit Press Release (corrigé du DST à l'ISFJ)

As 192 countries are gathering to try and find an agreement at the Copenhagen climate change summit, also known as COP 15, many obstacles seem to be still lying ahead. Scientists reckon that if most countries can't reduce their carbon emissions by 80% by 2050, we won't be able to avoid an increase of over 2°C of global temperature, thus preparing major issues for world environment. After Kyoto's protocol signed in 1997, which had come out as a standoff, since the US had refused to sign it, Copenhagen still seemed recently more promising, as the US announced they had no choice but to change their position in favor of new caps. Yet challenges still lie ahead as experts warn of many sticking points between developed countries urging China and India in taking their responsibilities and developing countries, refusing to bare alone the burden of change. Major actors like China and India invoke indeed a moral right to expand their economy and accuse the US for being histori...

Joseph Stiglitz on American banks

Joseph Stiglitz on American banks The Nobel prize-winning economist says banks are undermining the rule of law in America and bad mortgages still fester - dim : faible, sombre - awash : inondé - to fester : suppurer, couver, ici : s'étendre - to write down : déprécier - due process : procédures normales - to skirt around : contourner - foreclosure : saisie - affidavit : déclaration, déposition sous serment

The world's #1 nuclear bank: BNP Paribas (Greenpeace, October 2010)

Right now the nuclear industry is mobilizing countless resources in an effort to convince the world that nuclear energy is a necessary part of solving our energy needs in the face of climate change. In reality, any investment in nuclear energy actively undermines real energy solutions to climate change by diverting huge amounts of urgently needed resources away from investment in the clean, safe and renewable power we must develop. - byproduct : sous-produit, produit dérivé Nuclear energy is not only the most controversial and dangerous form of energy generation, it is also one of the most expensive. To raise the many billions of euros needed to build even a single nuclear reactor, utility companies rely heavily on banks and other financial market players. - to balloon : considérablement augmenter - downside : inconvénient - blatant : flagrant - outage : panne de courant - upgrade : mise à jour, modernisation - MWe : mégawatt - to carry out : exécuter, effectuer - landslid...

Leaked Cables Offer Raw Look at U.S. Diplomacy

WASHINGTON — A cache of a quarter-million confidential American diplomatic cables, most of them from the past three years, provides an unprecedented look at back-room bargaining by embassies around the world, brutally candid views of foreign leaders and frank assessments of nuclear and terrorist threats. - candid : franc, sincère - shudder : frisson - reckless : imprudent, téméraire - standoff : impasse - inducement : incitation financière, pot-de-vin - salve : apaiser - resettle : relocaliser, repeupler - wry : désabusé - record : rapport, dossier - mouthpiece : porte parole - to bungle : râter, gâcher - NOFORN : Not Releasable to Foreign Nationals [Military security classification] - to lurk : se cacher, rôder - to balk : regimber - scathing : cinglant, acerbe - fodder : fourrage - hubris : arrogance - to mull over : réfléchir à, ruminer - to jawbone : influencer, forcer à faire sous pression - crisp : impeccable, vif - to eavesdrop : écouter qqun de façon indis...