Putin says Russia can beat crisis


This year will be "very difficult" for the Russian economy, but the country will come out of the downturn, Prime Minister Vladimir Putin has said.
He told the state Duma, or lower house, that a 3tn rouble ($90bn; £60bn) package of aid measures would help Russia survive the economic crisis. "What we can definitely and must say is that Russia will overcome the crisis," Mr Putin said. He said Russia would retain its place as one of the world's bigger economies. "To achieve this, we must all work in a well-coordinated manner, as one team," Mr Putin said. "Our actions must be not fussy, but prompt, responsible and well-balanced. They should be genuinely effective for both people and the economy." His comments follow those of Igor Shuvalov, the first deputy prime minister, who last week said Russia could return to positive economic growth by the end of the year.

'Possibility of control'
Russia's $1.7tn economy has been hit after 10 years of growth during which its oil, gas and metals were in global demand. With the economic slump, demand and prices for these products has fallen. It has been hit especially hard by the financial crisis and more than a million people have lost their jobs since December. The stock markets ended 2008 70% below the record highs they had reached last May. Last month, the World Bank predicted Russia's economy will shrink by 4.5% this year. The bank said that Russia, a major oil producer, would be particularly hard hit by falling energy prices. Speaking on Monday, Mr Putin said he would examine the possibility of establishing internal control of prices of oil and gas within the country. "We should take a closer look at the possibility of control, but at the same time we must do so in a way that would not harm the profitability of Russian oil and gas companies," he said. "Closing our economy completely to the effects of the external market will be impossible," he added. And he said the country's banking system was now out of trouble after coming close to disaster. "The threat of a collapse of the banking system has receded," Mr Putin said. "But it was quite real, it was literally on the edge." 
Vocabulary

downturn - упадок

lower house – нижняя палата

retain - удержать

fussy – суетливый

genuinely – реально

slump - спад

shrink - ухудшиться, уменьшиться

establish - учреждать

within - внутри

profitability - прибыльность (ability to make profit)

threat - угроза

collapse - обвал

recede - отступать

literally - буквально
ОБЩЕНИЕ /COMMUNICATION/
Presentation Tips (3)

Daniel: (after some practice) So, how are you feeling now?
(после тренировок) Ну, как ты себя чувствуешь сейчас?

Karen: A bit better, all thanks to you.
Немного лучше, всё благодаря тебе.

D: Do you have any other concerns we have not addressed in the cource of our practice?
У тебя есть ещё что-нибудь беспокоющее тебя с чем мы не разбирались во время тренировки?

K: Let me think... oh yes. There is the matter of a question session after I get through with the presentation.
Дай мне подумать.. ах да. Ещё есть вопрос как быть со временем отведённым для вопросов после того как я закончу презентацию.

D: Yes, that's true. But you do know a great deal on the topic, don't you?
Да, есть такое. Но ты же многое знаешь по этой теме, не так ли?

K: Oh yes, I do. I guess I am still not very sure in myself. Do you think there wouln't be any problems with that?
Да, конечно знаю. Мне кажется я просто всё ещё не очень уверена в себе. Думаешь, с этим проблем не будет?

D: I do think it will be allright. However, that doesn't mean we shouldn't practice. First, let's think of the kinds of questions that might arise. Think of all the things that gave you trouble when you first met this topic or were collecting the data for the presentation and write them down. I'll write down the questions that I had while listening to your presentation.
Я правда думаю что там будет всё в порядке. Но это не значит что нам не следует поупражняться. Сначала давай подумаем какие вопросы могут возникнуть. Вспомни всё с чем у тебя были проблемы когда ты впервые столкнулась с этой темой или когда собирала данные для презентации и запиши. Я запишу вопросы которые у меня были когда я слушал твою презентацию.

K: OK, done.
ОК, готово.

D: Right, now let's go over them. I will ask the questions and you answer them.
Хорошо, теперь давай пробежимся по ним. Я буду задавать вопросы а ты отвечай на них.

K: (***) Thanks a lot, that really helped. These were not so tough though. What if they ask something really difficult?
(***) Большое спасибо, это и правда помогло. Но эти были не такими уж и сложными. Что если они спросят меня что-нибудь по-настоящему сложное?

D: Well, in that case what you can do is throw it back out to the audience to discuss. This will give you some time to think it over.
Ну, в этом случае ты можешь сама задать этот вопрос залу чтобы они обсудили его. Это даст тебе время обдумать его.

K: I see. But what if I really have no answer for their question?
Ясно. Но что если у меня совсем не будет ответа на их вопрос?

D: In that case you can tell them so and if they want it - promise to look it up and get back to them later about it. After all, you are only human. They cant expect you to have an answer to everything.
В таком случае ты можешь сказать им об этом и, если они захотят, пообещать найти ответ и сообщить им позже. В конце-концов, они не могут ожидать что у тебя есть ответы на всё.

K: I guess so. Well, thank you again for your help. I think I will go home for a good rest now, I feel exhausted. Will you make it to my presentation? I would love a friendly face in the audience.
Наверное ты прав. Ну, ещё раз спасибо за твою помощь. Думаю, я теперь пойду домой и хорошенько отдохну, чувствую себя выжатой. Ты сможешь прийти на мою презентацию? Мне бы очень хотелось иметь знакомого в аудитории.

D: Of cource I will. Have a good night.
Конечно смогу. Доброй ночи.
ВАРИАЦИИ НА ТЕМУ /MANY AND VARIOUS/ 
Assets (3)

asset - something belonging to an individual or a business that has value or the power to earn money. (активы, средства, фонды)

asset backing (= asset cover = asset value per share) – the total value of all the assets that a company has, divided by the number of shares that the company has issued. (доля каждой акции в стоимости активов)

backing - support or help, especially financial help. (поддержка)

asset deflation – when the value of assets such as property is falling. (дефляция активов)

asset inflation - when the price of land, shares etc rises more quickly than the rate of economic growth. (инфляция активов)

asset mix - a mix of different investments designed to be the most profitable possible. (сочетание активов)

asset shuffling (= asset chopping) – when a company reorganizes its assets, for example by splitting up businesses and creating new businesses, in the belief that this can improve their value. (перераспределение активов)

asset stripping – the proctice of buying a company whose shares are worth less than its assets, then selling its assets in order to make a quick profit. (распродажа неприбыльных активов)

asset turnover – a company's sales in relation to its assets, calculated to see how efficiently a business uses its assets. (оборот основных фондов)
ТАЙНЫЙ СМЫСЛ /OBSCURE MEANING/

TM : Trademark
торговая марка

SME : Small and Medium Enterprise
малый и средний бизнес

Jnr. : Junior
младший

Snr. : Senior
старший

Soc. : Society
общество

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