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As an interpreter and translator

W7_study wrap-up.

White Collar Recession

  • Holders of bachelor’s degree or higher: degree holders

  • Monthly job-finding success rate: monthly job-finding rate

  • Job postings: job postings

  • Average job search period: average job search period

-over-hiring

borrowing vs. loan

  • Borrowing = borrowing (a company/individual borrows money - action/result)

  • the company borrowed 20 billion won for working capital

  • Loan (introduction) = loan (loan - context of public lending between governments and countries)

  • the government secured a 500 million dollars loan from the ADB

African Union Summit

  • assessed contributions: mandatory contributions <-> voluntary contributions: voluntary contributions

  • the absence of permanent African seats in the Security Council is indefensible: The absence of permanent African seats in the Security Council cannot be justified.

  • commitments must be honored: promises must be fulfilled

  • political and security gains must be consolidated: Political and security gains must be consolidated

Great transformation of productive finance

  • proposed new NDCs for 2035 / the 2035 NDC

-investors can make informed decisions

  • Korea disclosure standard is based on international benchmark

  • The subject of disclosure will be gradually expanded starting with large KOSPI listed companies with total consolidated assets of more than 30 trillion won and sufficient disclosure capacity: the initial scope will cover the large KOSPI listed companies which have more than 30 trillion won of total consolidated assets.

  • As concerns grow over sanctions for violation of disclosure obligations, we will review exemptions related to estimation and forecast information with reference to overseas cases, but also prepare support measures to strengthen the fidelity and reliability of disclosure information: with concerns growing over sanctions for disclosure violations, we will review overseas cases for estimation and forward-looking information. And to strengthen integrity and reliability of disclosure information, we will also roll out support measures.

  • Transition finance refers to funding that helps carbon-intensive industries shift toward a low-carbon, environmentally sustainable business model.

  • Green finance to date has primarily focused on supporting green activities such as renewable energy, where the carbon-reduction imapct is already proven.

ETC

  • a delayed recovery in construction investment weighed on the growth forecast

  • the won traded at 1,425 agianst the dollar