Tuesday

VIDEO : THE FINANCIAL CRISIS

Watch the following video and listen out for the key vocabulary listed below.

to take steps
to shore up
unveiling (to unveil)
stakes
to follow suit
objectionable
crafting these plans (to craft)
a rescue package
home-owners
to avoid foreclosure
to the tune of
a downturn
to issue letters of credit
rebounded on news of ... (to rebound)
to abandon optimism