EBE Reading Material Development

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  • 8/3/2019 EBE Reading Material Development


    EBE Reading Material Development


    Submitted to fulfill the assignment of English for Business

    Lecturer : Drs. Prawoto S. Purnomo

    Compiled by :

    Aris Abdul Azis


    DIK B

    Department of English Education

  • 8/3/2019 EBE Reading Material Development


    Faculty of Language and Fine Arts Education

    Indonesia University of Education

    2011ustralian Beef Industryit by Indonesian Cutsby Edhie Rianto

    USTRALIAS beef industryrecently said Indonesiasplans to slash live

    cattle imports was unwelcomenews, but denied it waspayback for Canberras abrupthalt to exports earlier thisyear. Indonesia is the

    countrys biggest live exportmarket but Australias topbeef producers body saidJakarta plans to cut thenumber of cattle it takes fromAustralia from 520,000 to283,000 from next year.


    According to Cattle Council of Australia president AndrewOgilvie was qouted from AFP said were still recovering fromthe suspension of the trade so its pretty unwelcome that its

    been announced. The decision comes after Australia abruptlyfroze all exports to Indonesia in June over animal welfareissues, after the state broadcaster ABC showed images ofanimals being kicked and mistreated ahead of slaughter.Trade was reinstated after several weeks after Jakarta agreedto a strict new permit system requiring exporters andslaughterhouses to guarantee animal welfare standards. Ogilviesaid that while the new quota was a serious reduction innumbers, he did not believe it was a direct reprisal.

    I dont think its a trade issue, its nothing to do with

    payback. Its the simple fact that they want to be self-sufficient by 2014, Ogilvie said.

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    We have been expecting reductions of the live import permitsbut this is a little bit more of a reduction than we expected.Indonesia had held open the option of increasing the quota ifit was unable to meet demand, while Australia would look todeveloping markets such as China for the long term, Ogilvie


    But cattle producers, hard hit when the government blockedexports to Indonesia, said the new limit was worrying, withNorthern Territory Cattlemens Associations Luke Bowentelling the ABC it would raise serious concerns.

    A spokeswoman for the Department of Agriculture, Fisheries andForestry said while import quotas were a matter for Jakarta,Australia remained committed to the live export trade.

    Live exports, which also include sheep, were worth Aus$1.12billion (US$1.12 billion) to the Australian economy in 2010-11according to the most recent figures. Indonesia accounted forAus$291 million, making it the biggest market.



    A. Cross (X) the correct answer between A, B, C, D, and E based on information ofthe

    text above.

    1. What is the text mainly about ?a. The trade of beef

    b. Beef Industrion

    c. The issue of trade problem between Indonesia and Australia

    d. Export and import of beef

    2. Jakarta plans to cut the number of cattle it takes from Australia from ........... from

    next year.

    a. 510,000 to 280,000

    b. 525,000 to 285,000

    c. 520,000 to 283,000

    d. 515,000 to 280,000

    3. Which of the following is TRUE according tothe text?

    a. Indonesia is the second countrys biggest live export market

    b. Andrew Ogilvie is the president of Cattle Council of Australia

    c. the government blocked import to Indonesia

    d. Indonesia accounted for Aus$290 million, making it the biggest market

    4. The word I (in paragraph 4) refers to .......

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    a. Edhie Rianto

    b. Luke Bowen

    c. Andrew Ogilvie

    d. Cattlemen

    5. What is A spokeswoman for the Department of Agriculture, Fisheries and Forestry


    a. The new limit was worrying

    b. Live exports were worth Aus$1.12 billion Live exports

    c. Australia would look to developing markets such as China for the long term

    d. Import quotas were a matter for Jakarta

    B. Match these terms with their definitions.











    something will be done or will happen, especially a written promise by a company to repair or change a product t

    ument that allows you to do something or go somewheree job is to speak on radio or television programmes

    ething that is sudden and unexpected, and often unpleasant

    amount or number that is officially allowed:

    t at which people gather in order to buy and sell things

    saving of money or , less commonly, the saving of time, energy, words, etc:

    stops something happening, operating, etc. for a period of time:

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    C. Fill in the blanks with suitable words by giving their correct grammar.

    1. Indonesia has (cooperated) ............ with Australia in Beef Industrion.

    2. We have (be) .......... expecting reductions of the live import permits.

    3. Northern Territory Cattlemens Associations (be) .......... the organization from


    4. The television (show) ........... images of animals being kicked and mistreated ahead

    of slaughter.

    5. Indonesia (want) ........... more much beef.

    6. Luke Bowen (tell) ............ the ABC it would raise serious concerns.

    D. Choose whether the statement is TRUE or FALSE.

    1. Indonesias plans to slash live cattle imports was welcome news

    2. The new quota was a serious reduction in numbers

    3. The new limit was unpredictable

    4. Cattle producers, hard hit when the government blocked imports to Indonesia

    5. Indonesia remained committed to the live export trade.

    E. Answer the following questions based on the text above.

    1. Why Jakarta plans to cut the number of cattle it takes from Australia?

    2. What was Andrew Ogilvie said about trade?

    3. When the trade want to be a self-sufficient ?

    4. What is ABC?

    5. What was a broadcaster do in ABC?

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    Why The Latest Euro Bank Bailout is Bullish for America


    e bottom-line truth about

    today's Federal Reserve-led

    coordinated effort by six of

    the developed worlds' central

    banks to ease the liquidity problems of

    European financial institutions is this: It

    doesn't change anything. European

    leaders still have the same tough

    decision to make. Either impose even

    stricter austerity measures on Europe's

    struggling nations or force Germanyand other stronger European nations to

    come forward with an even bigger

    bailout, or, of course, kiss the Euro

    good-bye. And in fact that choice got a

    little tougher last night, after European

    bank leaders said that the plan to lever

    up the funds already in place to help

    the struggling Eurozone nations may

    not work.


    Another wrinkle: If the move leads to an even bigger bailout the result could

    be a new round of inflation, particularly in the emerging market countries.

    That would lead to more rate hikes in China and elsewhere, which could slow

    the entire global economy.

    So if that's the case, why did U.S. stocks, which have taken a beating recently

    on fears that the Eurozone's problems will spread to U.S. banks and the rest

    of the American economy, rise 490 points on Wednesday on news of the

    Laszlo Balogh / Reuters)

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    latest effort to prop up Europe's banks? As one analyst put it, the amount of

    people who bought stocks this morning on the news that central banks

    around the world were lowering currency swap lines probably far outweights

    the number of people who know what currency swap lines are.

    In fact, the deal struck today says more about the strength of the U.S. and

    the U.S. economy than it does about how and whether Europe's issues will be


    The latest European bank bailout measure is a coordinated effort by six

    central banks, but the heavy lifting is being done by the U.S. Fed. Recently,

    overnight lending rates among European banks had been rising on fears that

    some Euro banks would fail, and not be able to pay off their debts. It turns

    out the plan to relieve this problem is to put more U.S. dollars in the hands of

    banks around the world. The six large central banks - including the Bank of

    Canada, the Bank of Japan, the European Central Bank and others - have all

    agreed to allow their local banks to effectively borrow dollars at half the rate

    that they used to be able to. That should drive down lending rates, because if

    you can get dollars for cheap to fund your short-term borrowing costs why