poniedziałek, 23 marca 2009

US details toxic asset programme

toxic assets - toksyczne papiery wartościowe
to buy up - wykupić, wykupować
The US is set to announce details of a $500bn (£343bn) plan to encourage investors to buy up toxic assets.

measures - kroki, posunięcia
US Treasury Secretary Timothy Geithner said the measures were needed to help the financial system recover.

hit its highest in almost four months - osiągnął najwyższy poziom w ciągu prawie 4 miesięcy
The price of crude oil also hit its highest in almost four months at close to $53 a barrel on optimism the plan would help the US climb out of recession.

scant - niewielki, ledwo wystarczający, niedostateczny
The plan was originally announced in February, shortly after Mr Geithner took up his post as Treasury Secretary but details were scant on how it would work.

reluctant - niechętny, oporny
administration officials dismissed fears that private investors would be reluctant to participate in the rescue plan

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