GDP Drops 5.7% as Fall in Economy Begins to Ease

to rebound - odbijać się
The U.S. economy contracted slightly less than initially estimated in the first quarter, while corporate profits rebounded, according to a government report on Friday that hinted the recession was moderating.

Gross domestic product - Produkt krajowy brutto
Gross domestic product, which measures total goods and services output within U.S. borders, dropped at a 5.7 percent annual rate, the Commerce Department said, less than the 6.1 percent estimated by the government last month.

to plummet - spadać
In the fourth quarter, profits had plummeted 10.7 percent, the biggest decline since the start of 1994.

to lop off - uciąć, obciąć
The drop in exports lopped off a record 3.86 percentage points from GDP.



Źródło: http://www.cnbc.com/id/30996435

UK population must fall to 30m, says Porritt

to release - opublikować, wypuścić, ujawnić
sustainable - trwały
The trust will release research suggesting UK population must be cut to 30m if the country wants to feed itself sustainably.

to have impact - mieć wpływ
“Each person in Britain has far more impact on the environment than those in developing countries so cutting our population is one way to reduce that impact.”

relentless - okrutny, bezlistosny
Such views on population have split the green movement. George Monbiot, a prominent writer on green issues, has criticised population campaigners, arguing that “relentless” economic growth is a greater threat.

coherent - spójny
The Tory leader, David Cameron, has also suggested Britain needs a “coherent strategy” on population growth.

Norway economy 'set to contract'

to implement - zaimplementować, wdrożyć
Norway's oil wealth will allow the government to implement the country's most expansive national budget in 30 years, it explained.

contraction - skurczenie
Other European countries have forecast much bigger economic contractions.

Asia 'must cut export dependency'

dependency - zależność, uzależnienie
Asia 'must cut export dependency'

to grapple - zmagać się, borykać
Countries must restructure to focus on domestic demand as they grapple with economic chaos, the banks' annual meeting in Indonesia was told.

poverty - nędza, ubóstwo
The downturn is set to keep tens of millions of people trapped in poverty.

knock-on effect - efekt uboczny
He said the knock-on effects had been interest rates on bonds rising and Asian currencies depreciating as foreign capital was taken out of emerging markets.

to alleviate - łagodzić
The ADB's main role is lending to alleviate poverty in developing Asian nations.

Economy in U.S. Contracted at 6.1% Annual Rate in First Quarter

reflecting - odzwierciedlając
The U.S. economy plunged again in the first quarter, capping its worst performance in five decades, reflecting a record slump in inventories and further declines in housing.

stockpiles - zapasy, składy
to unclog - odblokowywać (clog - zatkać)
Smaller stockpiles may set the stage for a return to growth in the second half of the year amid signs Fed efforts to reduce borrowing costs and unclog lending are starting to pay off.

equipment - wyposażenie
Companies cut total spending, including equipment, software and construction projects, at a record 38 percent annual pace.

to plummet - spadać
General Motors and Chrysler LLC are threatened with bankruptcy as sales have plummeted since credit markets seized last year.

to be among - być pośród
Ford Motor Co., working to avoid a federal bailout, is among companies seeing some improvement.

Źródło: bloomberg.org

Wind farm firm cutting 1,900 jobs

despite - pomimo
Wind turbine-maker Vestas Wind Systems is to cut 1,900 jobs - mainly in the UK and Denmark - despite reporting a 70% rise in quarterly profits.

demand - potrzeba, popyt
green energy - energia z odnawialnych źródeł
Vestas said that supply of wind turbines exceeded demand in Northern Europe, despite the drive of governments including Germany and the UK to increase the amount of electricity generated by green energy alternatives.

Źródło: http://news.bbc.co.uk/2/hi/business/8022688.stm

iPhone helps Apple profit growth

to shrug off - bagetelizować, ignorować, nie przejąć się
Apple shrugged off the economic downturn to report a 15% jump in profits for the first three months of the year.

to dip - spadać, opadać
However, demand for Macintosh computers dipped.

to be one of a few - być jednym z niewielu
Apple has been one of a few companies where business has been pretty strong throughout this economic downturn

not necessarily - nie koniecznie
But he added that while "any positive earnings surprise is good news" the results were "good for Apple, but not necessarily good for the whole market".

Źródło: http://news.bbc.co.uk/2/hi/business/8013612.stm