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2017年大学英语六级听力常速训练
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part 1
On his recent trip to Vietnam, President Barack Obama highlighted the dramatic progress of U.S.-Vietnam relations in recent years and outlined areas where we hope to deepen our partnership in the future, including trade and investment, security cooperation, people-to-people exchanges, and global issues, like climate change and health.
President Obama highlighted our strong economic ties, with over $45 billion in bilateral trade and growing investment, including a $12 billion deal between Boeing and VietJet announced during the President’s visit. He also reiterated the United States’ commitment to ratifying the Trans-Pacific Partnership (TPP) and stressed the importance of Vietnam fully implementing its commitments under this trade agreement, including on labor rights.
In addition, President Obama announced the lifting of the decades-old arms embargo, which removes a lingering vestige of the Cold War and ensures that Vietnam has access to the equipment it needs to defend itself. The change also underscores the commitment of the United States to a fully normalized relationship with Vietnam, including strong defense ties with Vietnam and the region for the long term.
And at a time of tension in the South China Sea, the United States will support the peaceful resolution of disputes, including through arbitration under international law. "Nations are sovereign, no matter how large or small a nation may be; its sovereignty should be respected and its territory should not be violated," said President Obama.
The President stressed that continued progress on human rights and legal reform was key to Vietnam -- and the U.S.-Vietnam relationship -- reaching its full potential. “It’s my hope that the government of Vietnam comes to recognize what we’ve recognized and what so many countries around the world have recognized...that it’s very hard to prosper in this modern economy if you haven’t fully unleashed the potential of your people,” President Obama said. President Obama met with civil society members during his visit, though some were regrettably prevented from attending the meeting.
President Obama reiterated the importance of religious freedom and highlighted recent exchanges on the Law on Religion and Belief. “When there is freedom of religion, it not only allows people to fully express the love and compassion that are at the heart of all great religions, but it allows faith groups to serve their communities through schools and hospitals, and care for the poor and the vulnerable,” the President said.
President Obama expressed great hope for the U.S.-Vietnam partnership going forward, rooted ”in the friendship and shared aspiration of our peoples."
part 2
With more Americans working or looking for work, and corporate profits are on the rise. Can a Central Bank rate hike be far behind?
Speaking at the Peterson Institute in Washington, the Federal Reserve’s Jerome Powell said the implications for monetary policy are clear.
"Depending on the incoming data and the evolving risks, another rate increase may be appropriate fairly soon," said Powell.
Earlier in the week, Dallas Fed President Robert Kaplan said he expected at least two rate hikes in 2016. And Friday, Federal Reserve Chair Janet Yellen said the Fed is monitoring economic data, but she expressed confidence about the U.S. recovery.
"It's appropriate, and I've said this in the past, for the Fed to gradually and cautiously increase our overnight interest rate over time, and probably in the coming months such a move would be appropriate," said Yellen.
The last rate hike was six months ago. Since then, slower growth around the world and increased market volatility have delayed moves to “tighten” or “normalize” US monetary policy.
Time is short
On Skype, Bankrate.com’s chief analyst, Greg McBride, said the Fed is running out of excuses, and time.
“If they don't set the table for a move in June or July, you can kiss two interest rate hikes in 2016 goodbye,” he said.
Economists say interest rates are still the strongest tool available to central banks when the economy sours. Even investors who have benefited from lower borrowing costs may be coming around, says portfolio manager Brad Friedlander.
"I think you're beginning to see a wake-up call among a set of investors that have been largely complacent about the idea of implicit dovishness [opposition to higher rates] coming from the Fed, and I think with the Fed's confidence comes market confidence as well," said Friedlander.
"You don't want to wait too long, but neither do you want to be in a hurry," said the Fed’s Powell, who denied there’s a coordinated effort by central bank officials to signal a rate increase.
Their next vote comes June 15.
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