[外语类试卷]大学英语四级模拟试卷470及答案与解析.doc
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1、大学英语四级模拟试卷 470及答案与解析 一、 Part I Writing (30 minutes) 1 For this part, you are allowed 30 minutes to write a composition on the topic How to Solve The Energy Crisis. You should write at least 120 words according to the guidelines given below in Chinese: 1. 能源在人类的生存和发展中的重要作用 ; 2. 描述目前的能源现状,并指出引起全球能源危机的
2、原因 ; 3. 如何解决能源危机。 How to Solve The Energy Crisis 二、 Part II Reading Comprehension (Skimming and Scanning) (15 minutes) Directions: In this part, you will have 15 minutes to go over the passage quickly and answer the questions attached to the passage. For questions 1-7, mark: Y (for YES) if the state
3、ment agrees with the information given in the passage; N (for NO) if the statement contradicts the information given in the passage; NG (for NOT GIVEN) if the information is not given in the passage. 1 Time To Panic? Nobody needed to read George Bushs lips when he visited Russia recently as the gues
4、t of Goldman Sachs to mark the opening of the U.S. investment banks Moscow outpost. Bush declared his faith in “the power of freedom“ and of free markets. “I am optimistic,“ he proclaimed. “I believe Russia is going to thrive. “Bush may yet be proved right. But coming as the countrys stock market hi
5、t a new record low and interest rates leapt skyward, the former Presidents speech was ill-timed. For anyone who has invested in Russia, this is the summer of sleepless nights as the dreaded word devalvatsiya-Russian for devaluation makes an unwelcome comeback. “Its taboo to say it,“ says one promine
6、nt Russian banker, “but this threat hangs over us like a nightmare.“ Last week, Finance Minister Mikhail Zadornov declared devaluation unavoidable unless tax collection improves “by a third“ in the coming months. With billions of dollars in unpaid taxes, the government has launched yet another despe
7、rate crackdown on tax evaders, even freezing the assets of the country s top debtor, gas giant Gazprom which owes some $ 2.5 billion. The showdown was dramatic, with the tax police storming Gazproms Moscow skyscraper and salivating over its vast collection of yachts, planes and holiday villas. But w
8、ithin hours, the confrontation was over. On Friday, Gazproms CEO Rem Vyakhirev won a private audience with President Boris Yeltsin, where he defused attempts to rip up the agreement granting him control of 35 % of the states 40% stake in Gazprom and promised, in due time, to pay off the debt. But as
9、 every sentient observer knows, the clock is ticking fast. “When treasury bill rates rise to 80 %, it means we re in a pre-collapse state,“ says Vladimir Potanin, so-called oligarch and founder of Unexim Bank, one of Russias largest. “Its logical what could come next: devaluation, the crash of the b
10、anking system, huge lines of people trying to get their money out, unpaid wages and heightened social tension.“ Everybody agrees that a devaluation would devastate Russia as it struggles to retain its fragile financial credibility earned over six years of haphazard reform. Particularly hard hit woul
11、d be Russia s banking system, which has debts of at least $ ,200 billion and dangerously few assets. What assets the banks do have could be wiped out thanks to their exposure to so-called “dollar forward contracts“ signed with Western banks. “If there s a devaluation,“ says Potanin, “it s clear that
12、 there is this massive amount of future obligations that will have to be paid off, and of course the method will be by defaulting.“ Little wonder then that the crisis has reduced Russias financial elite, once a pride of chest-beating fat cats, to a threatened species screeching about the coming apoc
13、alypse. Their counterparts in the political arena are no less panicked. On June 23, Yeltsin warned his opponents in parliament that if an austerity package was not passed before they recessed on July 16, he would resort to “other means-a hint that he would rule by decree. Yet last week, the Russian
14、President informed his subjects and stunned international observers: “We have no crisis.“ Yeltsin may be the only person in Russia who believes that, as devaluation rumors hit fever pitch. “This week,“ predicts a top financial journalist, who boasts close ties to the Central Bank. Even as they brace
15、 for the coming storm, many are looking to the International Monetary Fund to save the day. After twice delaying it, on June 25 the IMF, citing its faith in the cabinet of Prime Minister Sergei Kiriyenko, released a $ 670 million tranche of a previous $ 9.2 billion credit. But Russias chances for a
16、world-class bailout-the $ 10-15 billion that Anatoli Chubais, Yeltsins envoy to the IMF talks, deems the bare minimum Russia needs to escape catastrophe-look slim. In the meantime, Kiriyenko is fighting to hang on to his new job, and his blueprint for rescuing Russia. By midweek, the beleaguered Pri
17、me Minister had submitted his anti-crisis plan to the Duma including measures to cut corporate taxes and introduce a single value-added tax of 20%. The package, Western financial experts warned, is long on generalities, short on implementation. The Duma, however, has other ideas. Sergei Baburin, the
18、 Communist vice speaker, denounced the proposed laws as “lethal medicine cooked up by vengeful Western economists.“ Some optimists are looking to the long term. “We ve been able to get more cuts out of this new government,“ muses one IMF official in private, “than we did from the Chernomyrdin govern
19、ment in the last three years.“ But in the short term, the crisis threatens to consume everything in its path. Among those clamoring loudest for a bailout are the Western bankers who find themselves embarrassingly exposed. Of Russia s $ 72.2 billion in outstanding loans, German banks alone hold $ 30.
20、5 billion. At home, the so-called oligarchs are also running scared. With the conflagration encroaching, they have put aside personal rivalry to form a “cooperation council“ to advise Kiriyenko. But Yeltsin has yet to give his blessing to this “shadow cabinet.“ Although there have been no runs on Ru
21、ssian banks so far, there are reasons to fear a panic: the stock market has plunged by 63% since January; Russias debt pyramid of compounding treasury bills has grown dangerously; interest rates hover above 80%; while more than a third of the budget goes to service the governments burgeoning debt. I
22、n July, Russia will have to pay out $ 6.5 billion to redeem maturing loans, while cash reserves have sunk to $ 11.5 billion. The government is finding it difficult to raise new funds and has had to cancel its latest treasury bill auctions. “No one believes in this paper,“ says the head of one of Rus
23、sias largest banks. Those fretting the loudest may be the foreigners-the fund managers and deal makers who rail against the “fools in Washington“ who tend to Asia s woes while ignoring Russia s. They warn darkly of the danger of “losing Russia.“ Without help from abroad, they claim, the pro-reform K
24、iriyenko cabinet will fall and in the post-crash wake a “nationalist-patriot will rise. A dark scenario, but one taken seriously of late. As a senior IMF official, whod love to see Western governments give large loans to Russia, puts it: “No doubt about it, a bailout is expensive, but it s our cheap
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