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电影金鸡奖是专家理性认知评价的结果，而电影百花奖则是大众情感取向评价的产物，外行大众是不会以电影的专业标准去进行理性批评的，他们的标准就一个：好不好看。这便往往让专家“大跌眼镜”：一些票房价值极高的影...
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张瑞芳因主演影片获得第二届大众电影百花奖最佳女演员奖
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进入上个世纪80年代新中国电影好戏连台首先是文化部设立常规电影奖项其次是设立大众电影百花奖于恢复评奖
在我国第一届电影百花奖中获得最佳导演奖的是
李默然
岑范
叶楠
谢晋
在中国作为政府优秀影片奖的是
百花奖
金鸡奖
金牛奖
华表奖
作为中国大陆电影界权威专业的电影奖是
中国电影华表奖
大众电影百花奖
中国电影金鸡奖
白玉兰奖
与百花奖金鸡奖并称中国电影三大奖
华表奖又叫奖大众电影百花奖每1年举办一次
获得首届大众电影百花奖最佳男演员奖的是
赵丹
崔嵬
康泰
陈强
第30届大众电影百花奖上赵薇和陈坤分别凭借花木兰和画皮封后称帝百花奖创办于1962年是由__来__特
《花木兰》讲述的是北魏抵抗北方柔然的故事
《画皮》取材自《聊斋志异》的同名故事
1896年，上海徐园放映《定军山》是我国放映电影最早的记录
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百花奖
金鸡奖
奥斯卡奖
中国戏剧奖
中国电影界三大奖项不包括
金鸡奖
百花奖
华表奖
金马奖
1980年中断17年的电影百花奖恢复举办选票是随大众电影杂志发出的每本只有一张选票不少工厂学校机关团
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童牛奖
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金马奖
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[A]TheriseofatycoonwhoisfondofAmericaandSouthAfricaandwho printsEnglishslogansonhisbottlesofmilkandmineralwaterisasnubto Mr.Ratsiraka.Thepresidentwhohasdominatedpoliticssince1975—withafew years’absenceinthemid-1990s—steersclosetoFrancetheformercolonial power.Hehasbeenunwellandspendsmuchofhistimehavingmedicaltreatment inParis.Hisgovernmentpredictablyisaccusedofwidespreadcorruption.But heoffersstability—anddeclaresthatanyotherpresidentwouldusherinyears ofuncertainty.[B]Mr.Ratsirakamightindeedfeelaggrievedffhedidlose powerjustastheeconomyiscomingright.Afteratwo-decadespellasa socialistthenafewyearsofexilehebouncedbackintothepresidencyin 1996toimposeaustereneo-liberalreforms.Thesearenowpayingoff.Many peoplearestilldesperatelybadlyofflivinginvillageswithoutroads electricityordoctors.ButaccordingtoanoptimisticIMFreportonDecember 13ththeeconomymaymmouttohaveenjoyed6.7%growththisyearandinflation islow.[C]Inahighturnouthetooknearly80%ofthevotesinthe capitalandwelloverhalfinothercities.Resultsfromthelesssusceptible countrysideareslowlycomingin.Theynarrowthegapbuthestillseemsto haveachanceofeitherbeatingtheincumbentDidierRatsirakaoutrghtor facinghiminarun-offnextyear.[D]Aswellingflowoftouristscomesto theislandtoseeitsrainforestslemursandtropicalbeaches.Salesof textilestoAmericaaredoingwellthankstotariffreductionsthere.And.in thepastfewyears.Asianinvestorshaveopeneddozensoffactoriesinspecial exportzonesaroundthecapital.Mr.Ratsirakahasmanagedtonegotiatedebt reliefthatalmosthalvestheamountthecountryspendsonservicingitsdebts. Risthusabletospendabitmoreonschoolsandhospitals.Incomesinthe citiesareclearlyup.Agoodriceharvestthisyear.andtheabsenceof cycloneshaseasedhangerinthecountryside.[E]AsmayorMr.Ravalomanana wonmanycitizens’heartsbycleaningupthecapitalandseeingtonewroads andstreetlighting.Heoversawabuildingboom.theriseofadozen’flashynew supermarketsmorepolicemenonthestreetsandacutincrime.Heis.knownin thecountryatlargetoo.thankstohisTikofoodempirewhichdelivers yoghurtandothergoodthingstoMadagascar’semergingmiddleclass.Hisfaceis everywhereonT-shirts.baseballcapsandbagsallpartsofaslickcampaign thatwashelpedalongbyhisownradioandtelevisionstations.HisChristian fervourandhisjobonacouncilofProtestantchurcheshavealsohelpedhim especiallyamongtheruralpoor.[F]AllthisisraregoodnewsforAfrica. MightitberiskediftherewereachangeofpresidentSomepointtopossible ethnictension:Mr.RavalomananaisfromthehighlandImerinapeoplewhohavea mixofAsian-settlerandAfricanbloodwhohaveneverbeforeheldpolitical officeovertheblackercoastalcommunities.Othersworrythathewillhave littlesupportinparliamentandthathisbusinesscareerhasnotpreparedhim forpoliticalcompromises.Abiggerconcernperhapsisthathemightnot seriouslyundertaketospreadthegoodtimesenjoyedinthecapitalintothe impoverishedcountryside.[G]ExcitementisintheairinMadagascaravast islandof15mpeopleofftheeastcoastofAfrica.OnDecember16thitsvoters trudgedtothe.pollsfromtheirhomesinhighlandtownsandremoteforest villagestopickapresident.ManyfavouredMareRavalomananaatycoonwhois alsothehandsomeyoungmayorofthecapitalAntananarivo.Order:
PartAText1 ItwasalittleweirdatfirstErin TobinsaidseeingHarryPotterrightthereonthestagewithouthispantsor indeedanyofhisclothes.NotactuallyHarryPotterofcourse sinceheisfictionalbutthenextbestthing:DanielRadcliffe.whoplayshim inthemovies.Now17.Mr.Radcliffehascastoffhiswand.hisbroomstickand everythingelsetoappearintheWestEndrevivalofPeterShaffer’sEquus.He starsasAlanStrangadisturbedyoungmanwhoinadistinctly un-Harry-Potterishmomentoffrenziedpsychosexualmadnessblindssixhorses withahoofpick.Tomakeitclearwhataudiencesareinforat leastinpartphotographsofMr.Radcliffe’sbufftorsostrippedalmosttothe groinhavebeenusedtoadvertisetheproduction.Itisasjarringasifsay AnneHathawaysuddenlyannouncedthatinsteadofplayingsweet-natured princessesandfashion-worlding6nuesshewantedtoappearonstageasanude. murderousprostitute.Toexplainhowissurprisingthechangeof RadcliffetotheaudiencetheauthormentionsAnneEquusopenedlastweek andtheconsensussofaristhatMr.Radcliffehassuccessfullyextricated himselffromhiscinematicalterego.ConsideringthatplayingHarryPotteris practicallyallhehasdoneinhiscareerthisisnosmall achievement.Ithinkhe’sareallygoodactorandIsortof forgotaboutHarryPotter.saidOpheliaOates.14whosawtheplayoverthe weekend.Anywayyoucan’tbeHarryPotterforever.InThe DailyTelegraphCharlesSpencersaidthatDanielRadcliffebrilliantly succeedsmthrowingoffthemantleofHarryPotterannouncinghimselfasa thrillingstageactorofunexpecteddepthandrange.Mr. RadcliffetoldTheDailyTelegraphthatIthoughtitwouldbeabadideato waittillthePotterfilmswereallfinishedtodosomethingelse.Thereare stillafewtogo.ThefifthHarryPotterandtheOrderofthePhoenixis scheduledforreleaseonJuly13.andMr.Radcliffehassignedonforthefinal twoinstallmentsaswell.Meanwhiletheseventhandlastbookintheseries HarryPotterandtheDeathlyHallowswillhitstoresonJuly21. HarryandAlancouldnotbemoredissimilarascharactersevenifboth comefromquiteweirdbackgroundsas13-year-oldEllaPittanotherrecent theatergoerputit.Andno.shedeclaredshewasnottooyoungforallthe nakednessswearingandsexuality.Bothcharactershaveunresolvedissues relatingtotheirparents:HarrybecausehisaredeadandAlanbecausehis havedrivenhiminsane.Butwhenitcomestoromancefor instancethecelluloidHarryhasyettokissagirl;thebigmomentcomesin theforthcomingfilm.MeanwhileAlaninEquusnotonlyengagesinsome seriousequi-eroticnuzzlingwithanactorplayingahorsebutisalsoonstage fullynude.for10minutesduringwhichhenearlyhassexwithanequallynaked youngwoman.Theaudience’sresponsetothenewimageofHarryPorteris______.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
PartAText1 ItwasalittleweirdatfirstErin TobinsaidseeingHarryPotterrightthereonthestagewithouthispantsor indeedanyofhisclothes.NotactuallyHarryPotterofcourse sinceheisfictionalbutthenextbestthing:DanielRadcliffe.whoplayshim inthemovies.Now17.Mr.Radcliffehascastoffhiswand.hisbroomstickand everythingelsetoappearintheWestEndrevivalofPeterShaffer’sEquus.He starsasAlanStrangadisturbedyoungmanwhoinadistinctly un-Harry-Potterishmomentoffrenziedpsychosexualmadnessblindssixhorses withahoofpick.Tomakeitclearwhataudiencesareinforat leastinpartphotographsofMr.Radcliffe’sbufftorsostrippedalmosttothe groinhavebeenusedtoadvertisetheproduction.Itisasjarringasifsay AnneHathawaysuddenlyannouncedthatinsteadofplayingsweet-natured princessesandfashion-worlding6nuesshewantedtoappearonstageasanude. murderousprostitute.Toexplainhowissurprisingthechangeof RadcliffetotheaudiencetheauthormentionsAnneEquusopenedlastweek andtheconsensussofaristhatMr.Radcliffehassuccessfullyextricated himselffromhiscinematicalterego.ConsideringthatplayingHarryPotteris practicallyallhehasdoneinhiscareerthisisnosmall achievement.Ithinkhe’sareallygoodactorandIsortof forgotaboutHarryPotter.saidOpheliaOates.14whosawtheplayoverthe weekend.Anywayyoucan’tbeHarryPotterforever.InThe DailyTelegraphCharlesSpencersaidthatDanielRadcliffebrilliantly succeedsmthrowingoffthemantleofHarryPotterannouncinghimselfasa thrillingstageactorofunexpecteddepthandrange.Mr. RadcliffetoldTheDailyTelegraphthatIthoughtitwouldbeabadideato waittillthePotterfilmswereallfinishedtodosomethingelse.Thereare stillafewtogo.ThefifthHarryPotterandtheOrderofthePhoenixis scheduledforreleaseonJuly13.andMr.Radcliffehassignedonforthefinal twoinstallmentsaswell.Meanwhiletheseventhandlastbookintheseries HarryPotterandtheDeathlyHallowswillhitstoresonJuly21. HarryandAlancouldnotbemoredissimilarascharactersevenifboth comefromquiteweirdbackgroundsas13-year-oldEllaPittanotherrecent theatergoerputit.Andno.shedeclaredshewasnottooyoungforallthe nakednessswearingandsexuality.Bothcharactershaveunresolvedissues relatingtotheirparents:HarrybecausehisaredeadandAlanbecausehis havedrivenhiminsane.Butwhenitcomestoromancefor instancethecelluloidHarryhasyettokissagirl;thebigmomentcomesin theforthcomingfilm.MeanwhileAlaninEquusnotonlyengagesinsome seriousequi-eroticnuzzlingwithanactorplayingahorsebutisalsoonstage fullynude.for10minutesduringwhichhenearlyhassexwithanequallynaked youngwoman.Hathaway.Thisisa______.
Text4 HealthysodaThatmaystrikesomeas anoxymoron.ButforCoca-ColaandPepsiCo.it’samarketing opportunity.Incomingmonthsbothcompanieswillintroducenew carbonateddrinksthatarefortifiedwithvitaminsandminerals:DietCokePlus andTavawhichisPepsiCo’snewoffering.Theywillbepromotedassparkling beverages.Thecompaniesarenottailingthemsoftdrinksbecausepeopleare turningawayfromtraditionalsodawhichhasbeenhurtinpartbypublicity aboutitslinktoobesity.Whilethesodabusinessremainsa$68 billionindustryintheUnitedStatesconsumersareincreasinglyreachingfor bottledwatersparklingjuicesandgreenteadrinks.Irr’2005.themountof sodasoldinthiscountrydroppedforthefirsttimeinrecenthistory.Eventhe dietsodabusinesshasslowed.Coca-Cola’schiefexecutive.E. NevilleIsdell.clearlyfrustratedthathisindustryhasbeensingledoutinthe obesitydebateinsistedatarecentconferencethathisdietproductsshouldbe includedinthehealthandwellnesscategorybecausewithfewornocalories theyarealogicalanswermexpandingwaistlines.Dietand lightbrandsareactuallyhealthandwellnessbrandsMr.Isdellsaid.He assertedthatDietCokePluswasawaytobroadenthecategorytoattactnew consumers.TomPirko.presidentofBevmarkafoodandbeverage consultingfirmsaiditwasajoketomarketartificiallysweetenedsoft drinksashealthyeveniftheywerefortifiedwithvitaminsandminerals. Researchbyhisfirmandothersshowsthatconsumersthinkofdietsoftdrinks astheantithesisofhealthyhesaid.Theseconsumerscommenton puttingsomethingsyntheticandnotnaturalintotheirbodieswhentheyconsume dietcolasMr.Pirkosaid.Andinthemidstofahealthandwelfareboom thatain’tgood.Theideaofhealthysodaisnotentirelynew. In2004CadburySchweppescausedastirwhenitunveiled7UpPlusa low-caloriesodafortifiedwithvitaminsandminerals.LastyearCadburytried toextendthehealthyhalooveritsregular7Upbrandbylabelingit100 percentnatural.Butthecompanychangedthelabelto100percentnatural flavoraftercomplaintsfromanutritiongroupthataproductcontaining high-fructosecomsyrupshouldnotbeconsiderednaturaland7UpPlushas floundered.Thenewfortifiedsoftdrinksearnedgrudgingapproval fromMichaelF.JacobsenexecutivedirectoroftheCenterforScienceinthe PublicInterest.anutritionadvocacygroupandfrequentcriticofregularsoft drinkswhichithaslabeledliquidcandy.AsurveybyMorgan Stanleyfoundthatonly10percentofconsumersinterviewedin2006considered dietcolasahealthychoicecomparedwith14percentin2003.Furthermore30 percentoftheconsumerswhowereinterviewedlastyearsaidthattheywere reluctanttodrinkbeverageswithartificialsweetenersupfrom21percentin 2004.ThewordflounderedLine6Para.7implies______.
Text2 Uruguayhasbeenaproudexceptionto theprivatizingwavethatsweptthroughSouthAmericainthe1990s.Its state-ownedfirmsaremoreefficientthanmanyoftheircounterpartsin ArgentinaandBrazileverwere.In1992Uruguayansvotedinareferendum againstprivatizingtelecoms.TheyrightlyobservethatsomeofArgentina’s salesweresmashedcreatinginefficientprivatemonopolies.Andwith unemploymentat15%nobodyisenthusiasticaboutthejobcutsprivatization wouldinvolve.ThatleavesPresidentJorgeBatllewitha problem.Uruguayhasbeeninrecessionforthepasttwoyearsmainlybecauseof lowpricesforitsagriculturalexportsandbecauseofArgentina’swoes.But publicdebtisat45%ofGDPandrising.Someeconomistsarguethat privatizationwouldgiveaboosttotheeconomybyattractingforeign investmentandbyloweringcosts.CERESathink-tankhavingcomparedtariffs forpublicservicesinUruguayanditsneighborsbelievesliberalizationcould savebusinessesandhouseholdstheequivalentof4%ofGDPannuallyraise growthandproduceanet45000jobs.Thepollsthatshow continuingsupportforpublicownershipalsoshowgrowingoppositionto monopolies.SoMr.Baffleplanstokeepthestatefirmsbutletprivateones eithercompetewiththemorbidtooperatetheirservicesunder contract.TheoppositionBroadFrontandthetradeunionsare resisting.Theyhavegatheredenoughsignaturestodemandapublic consultationnextmonthonanewlawtoallowprivateoperatorsintheports andrailways—areferendumonwhethertoholdareferendumontheissue.Alberto Bensionthefinanceministeradmitsthevotewillbeacrucialindicatorof howfarthegovernmentcanpush.Buthenotesthatsince1992attemptsto overturnlawsbycallingreferendumshaveflopped.The liberalizationoftelecomshasalreadybegun.BellSouthanAmericanfirmis thefirstprivatecell-phoneoperator.Thereareplanstolicenseothersand talkofallowingcompetitionforfixed-linetelephones.Anewlawallowsprivate companiestoimportgasfromArgentinatogenerateelectricityincompetition withthestateutility.AnotherplanwouldstripAncapthestateoilfirmof itsmonopolyofimports.Ithasalreadybeenallowedtoseekaprivatepartner tomodernizeitsrefinery.Hardertaskslieahead.The state-ownedbanksareburdenedwithproblemloanstofarmersandhomeowners. AndMr.Batlleshowsnoappetiteforcuttingthebureaucracy. Afterayearinofficethepresidentispopular.Hehascreateda cross-partycommissiontoinvestigatedisappearancesduringUruguay’smilitary dictatorshipof1976-85Theunionsareweakenedbyunemployment.AtCERES. ErnestoTalviarguesthatMr.Baffleshouldnotehisownstrengthandpush aheadmoreboldly.ButthatisnottheUruguayan way.Whatcanweinferfromthefirstfourparagraphs
Text2 Uruguayhasbeenaproudexceptionto theprivatizingwavethatsweptthroughSouthAmericainthe1990s.Its state-ownedfirmsaremoreefficientthanmanyoftheircounterpartsin ArgentinaandBrazileverwere.In1992Uruguayansvotedinareferendum againstprivatizingtelecoms.TheyrightlyobservethatsomeofArgentina’s salesweresmashedcreatinginefficientprivatemonopolies.Andwith unemploymentat15%nobodyisenthusiasticaboutthejobcutsprivatization wouldinvolve.ThatleavesPresidentJorgeBatllewitha problem.Uruguayhasbeeninrecessionforthepasttwoyearsmainlybecauseof lowpricesforitsagriculturalexportsandbecauseofArgentina’swoes.But publicdebtisat45%ofGDPandrising.Someeconomistsarguethat privatizationwouldgiveaboosttotheeconomybyattractingforeign investmentandbyloweringcosts.CERESathink-tankhavingcomparedtariffs forpublicservicesinUruguayanditsneighborsbelievesliberalizationcould savebusinessesandhouseholdstheequivalentof4%ofGDPannuallyraise growthandproduceanet45000jobs.Thepollsthatshow continuingsupportforpublicownershipalsoshowgrowingoppositionto monopolies.SoMr.Baffleplanstokeepthestatefirmsbutletprivateones eithercompetewiththemorbidtooperatetheirservicesunder contract.TheoppositionBroadFrontandthetradeunionsare resisting.Theyhavegatheredenoughsignaturestodemandapublic consultationnextmonthonanewlawtoallowprivateoperatorsintheports andrailways—areferendumonwhethertoholdareferendumontheissue.Alberto Bensionthefinanceministeradmitsthevotewillbeacrucialindicatorof howfarthegovernmentcanpush.Buthenotesthatsince1992attemptsto overturnlawsbycallingreferendumshaveflopped.The liberalizationoftelecomshasalreadybegun.BellSouthanAmericanfirmis thefirstprivatecell-phoneoperator.Thereareplanstolicenseothersand talkofallowingcompetitionforfixed-linetelephones.Anewlawallowsprivate companiestoimportgasfromArgentinatogenerateelectricityincompetition withthestateutility.AnotherplanwouldstripAncapthestateoilfirmof itsmonopolyofimports.Ithasalreadybeenallowedtoseekaprivatepartner tomodernizeitsrefinery.Hardertaskslieahead.The state-ownedbanksareburdenedwithproblemloanstofarmersandhomeowners. AndMr.Batlleshowsnoappetiteforcuttingthebureaucracy. Afterayearinofficethepresidentispopular.Hehascreateda cross-partycommissiontoinvestigatedisappearancesduringUruguay’smilitary dictatorshipof1976-85Theunionsareweakenedbyunemployment.AtCERES. ErnestoTalviarguesthatMr.Baffleshouldnotehisownstrengthandpush aheadmoreboldly.ButthatisnottheUruguayan way.WhatdoestheauthormeanbyfloppedlastlinePara.4
Text3 EvenattheVatican.notallsacred beliefsareabsolute:Thoushaltnotkillbutwarcanbejust.Nowbehindthe quietwallsaclashisshapingupinvolvingtwopolesofnearcertainty:the church’slong-heldbanoncondomsanditsadvocacyofhumanlife. TheissueisAIDS.ChurchofficialsrecentlyconfirmedthatPopeBenedict XVIhadrequestedareportonwhetheritmightbeacceptableforCatholicsto usecondomsinonenarrowcircumstance:toprotectlifeinsideamarriagewhen onepartnerisinfectedwithH.I.V.orissickwithAIDS. Whateverthepopedecideschurchofficialsandotherexpertsbroadly agreethatitisremarkablethatsodelicateanissueisbeingtakenup.But theyalsoagreethatsuchaninquiryislogicalandparticularlysignificant fromthispopewhowasPopeJohnPaulII’sstrictenforcerofchurch doctrine.Insomewaysmaybehehasgotthegreatestcapacity todoitbecausethereisnodoubtabouthisorthodoxysaidthe.Rev.Jon FulleraJesuitphysicianwhorunsanAIDSclinicattheBostonMedical Center.Theissuehassurfacedrepeatedlyasoneofthemost complicatedanddelicatefacingthechurch.Foryearssomeinfluential cardinalsandtheologianshavearguedforachangeforcouplesaffectedbyAIDS inthenameofprotectinglifewhileothershavefiercelyattackedthe possibilityasdemotingthechurch’slongadvocacyofabstinenceandmarital fidelitytofightthedisease.Thenewsbrokejustafter Benedictcelebratedhisfirstanniversaryaspopearelativelyquietpapal year.Buthedevotedhisfirstencyclicaltolovespecificallybetweenaman andawomaninmarriage.Indeedwithregardtocondomsthe onlychangeapparentlybeingconsideredisinthespecificcaseofmarried couples.ButanychangewouldbeunpopularwithconservativeCatholicssomeof whomhaveexpresseddisappointmentthatBenedicthasdisplayedasofterfacenow asdefenderofthefaiththanhedidwhenhewasstillCardinalJoseph Ratzingerthepapaladviser.It’sjusthardtoimaginethat anypope—andthispope—wouldchangetheteachingsaidAustinRusepresident oftheCultureofLifeFoundationaCatholic-orientedadvocacygroupin Washingtonthatopposesabortionandcontraception.Itistoo soontoknowwherethepopeisheading.Farlesscontentiousissuescantake yearstoinchthroughtheVatican’snexusofbeliefandbureaucracyprayerand politicsandCardinalJavierLozanoBarraganthepope’stopaideonhealth careissuesandotherofficialsdeclinedrequestsfor interviews.Bythefirstsentenceinthefirstparagraphtheauthoractuallymeans______.
Text3 EvenattheVatican.notallsacred beliefsareabsolute:Thoushaltnotkillbutwarcanbejust.Nowbehindthe quietwallsaclashisshapingupinvolvingtwopolesofnearcertainty:the church’slong-heldbanoncondomsanditsadvocacyofhumanlife. TheissueisAIDS.ChurchofficialsrecentlyconfirmedthatPopeBenedict XVIhadrequestedareportonwhetheritmightbeacceptableforCatholicsto usecondomsinonenarrowcircumstance:toprotectlifeinsideamarriagewhen onepartnerisinfectedwithH.I.V.orissickwithAIDS. Whateverthepopedecideschurchofficialsandotherexpertsbroadly agreethatitisremarkablethatsodelicateanissueisbeingtakenup.But theyalsoagreethatsuchaninquiryislogicalandparticularlysignificant fromthispopewhowasPopeJohnPaulII’sstrictenforcerofchurch doctrine.Insomewaysmaybehehasgotthegreatestcapacity todoitbecausethereisnodoubtabouthisorthodoxysaidthe.Rev.Jon FulleraJesuitphysicianwhorunsanAIDSclinicattheBostonMedical Center.Theissuehassurfacedrepeatedlyasoneofthemost complicatedanddelicatefacingthechurch.Foryearssomeinfluential cardinalsandtheologianshavearguedforachangeforcouplesaffectedbyAIDS inthenameofprotectinglifewhileothershavefiercelyattackedthe possibilityasdemotingthechurch’slongadvocacyofabstinenceandmarital fidelitytofightthedisease.Thenewsbrokejustafter Benedictcelebratedhisfirstanniversaryaspopearelativelyquietpapal year.Buthedevotedhisfirstencyclicaltolovespecificallybetweenaman andawomaninmarriage.Indeedwithregardtocondomsthe onlychangeapparentlybeingconsideredisinthespecificcaseofmarried couples.ButanychangewouldbeunpopularwithconservativeCatholicssomeof whomhaveexpresseddisappointmentthatBenedicthasdisplayedasofterfacenow asdefenderofthefaiththanhedidwhenhewasstillCardinalJoseph Ratzingerthepapaladviser.It’sjusthardtoimaginethat anypope—andthispope—wouldchangetheteachingsaidAustinRusepresident oftheCultureofLifeFoundationaCatholic-orientedadvocacygroupin Washingtonthatopposesabortionandcontraception.Itistoo soontoknowwherethepopeisheading.Farlesscontentiousissuescantake yearstoinchthroughtheVatican’snexusofbeliefandbureaucracyprayerand politicsandCardinalJavierLozanoBarraganthepope’stopaideonhealth careissuesandotherofficialsdeclinedrequestsfor interviews.TheworddemotingLine3Para.5______.
PartAText1 ItwasalittleweirdatfirstErin TobinsaidseeingHarryPotterrightthereonthestagewithouthispantsor indeedanyofhisclothes.NotactuallyHarryPotterofcourse sinceheisfictionalbutthenextbestthing:DanielRadcliffe.whoplayshim inthemovies.Now17.Mr.Radcliffehascastoffhiswand.hisbroomstickand everythingelsetoappearintheWestEndrevivalofPeterShaffer’sEquus.He starsasAlanStrangadisturbedyoungmanwhoinadistinctly un-Harry-Potterishmomentoffrenziedpsychosexualmadnessblindssixhorses withahoofpick.Tomakeitclearwhataudiencesareinforat leastinpartphotographsofMr.Radcliffe’sbufftorsostrippedalmosttothe groinhavebeenusedtoadvertisetheproduction.Itisasjarringasifsay AnneHathawaysuddenlyannouncedthatinsteadofplayingsweet-natured princessesandfashion-worlding6nuesshewantedtoappearonstageasanude. murderousprostitute.Toexplainhowissurprisingthechangeof RadcliffetotheaudiencetheauthormentionsAnneEquusopenedlastweek andtheconsensussofaristhatMr.Radcliffehassuccessfullyextricated himselffromhiscinematicalterego.ConsideringthatplayingHarryPotteris practicallyallhehasdoneinhiscareerthisisnosmall achievement.Ithinkhe’sareallygoodactorandIsortof forgotaboutHarryPotter.saidOpheliaOates.14whosawtheplayoverthe weekend.Anywayyoucan’tbeHarryPotterforever.InThe DailyTelegraphCharlesSpencersaidthatDanielRadcliffebrilliantly succeedsmthrowingoffthemantleofHarryPotterannouncinghimselfasa thrillingstageactorofunexpecteddepthandrange.Mr. RadcliffetoldTheDailyTelegraphthatIthoughtitwouldbeabadideato waittillthePotterfilmswereallfinishedtodosomethingelse.Thereare stillafewtogo.ThefifthHarryPotterandtheOrderofthePhoenixis scheduledforreleaseonJuly13.andMr.Radcliffehassignedonforthefinal twoinstallmentsaswell.Meanwhiletheseventhandlastbookintheseries HarryPotterandtheDeathlyHallowswillhitstoresonJuly21. HarryandAlancouldnotbemoredissimilarascharactersevenifboth comefromquiteweirdbackgroundsas13-year-oldEllaPittanotherrecent theatergoerputit.Andno.shedeclaredshewasnottooyoungforallthe nakednessswearingandsexuality.Bothcharactershaveunresolvedissues relatingtotheirparents:HarrybecausehisaredeadandAlanbecausehis havedrivenhiminsane.Butwhenitcomestoromancefor instancethecelluloidHarryhasyettokissagirl;thebigmomentcomesin theforthcomingfilm.MeanwhileAlaninEquusnotonlyengagesinsome seriousequi-eroticnuzzlingwithanactorplayingahorsebutisalsoonstage fullynude.for10minutesduringwhichhenearlyhassexwithanequallynaked youngwoman.Thebesttitleforthispassageis______.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
[A]TheriseofatycoonwhoisfondofAmericaandSouthAfricaandwho printsEnglishslogansonhisbottlesofmilkandmineralwaterisasnubto Mr.Ratsiraka.Thepresidentwhohasdominatedpoliticssince1975—withafew years’absenceinthemid-1990s—steersclosetoFrancetheformercolonial power.Hehasbeenunwellandspendsmuchofhistimehavingmedicaltreatment inParis.Hisgovernmentpredictablyisaccusedofwidespreadcorruption.But heoffersstability—anddeclaresthatanyotherpresidentwouldusherinyears ofuncertainty.[B]Mr.Ratsirakamightindeedfeelaggrievedffhedidlose powerjustastheeconomyiscomingright.Afteratwo-decadespellasa socialistthenafewyearsofexilehebouncedbackintothepresidencyin 1996toimposeaustereneo-liberalreforms.Thesearenowpayingoff.Many peoplearestilldesperatelybadlyofflivinginvillageswithoutroads electricityordoctors.ButaccordingtoanoptimisticIMFreportonDecember 13ththeeconomymaymmouttohaveenjoyed6.7%growththisyearandinflation islow.[C]Inahighturnouthetooknearly80%ofthevotesinthe capitalandwelloverhalfinothercities.Resultsfromthelesssusceptible countrysideareslowlycomingin.Theynarrowthegapbuthestillseemsto haveachanceofeitherbeatingtheincumbentDidierRatsirakaoutrghtor facinghiminarun-offnextyear.[D]Aswellingflowoftouristscomesto theislandtoseeitsrainforestslemursandtropicalbeaches.Salesof textilestoAmericaaredoingwellthankstotariffreductionsthere.And.in thepastfewyears.Asianinvestorshaveopeneddozensoffactoriesinspecial exportzonesaroundthecapital.Mr.Ratsirakahasmanagedtonegotiatedebt reliefthatalmosthalvestheamountthecountryspendsonservicingitsdebts. Risthusabletospendabitmoreonschoolsandhospitals.Incomesinthe citiesareclearlyup.Agoodriceharvestthisyear.andtheabsenceof cycloneshaseasedhangerinthecountryside.[E]AsmayorMr.Ravalomanana wonmanycitizens’heartsbycleaningupthecapitalandseeingtonewroads andstreetlighting.Heoversawabuildingboom.theriseofadozen’flashynew supermarketsmorepolicemenonthestreetsandacutincrime.Heis.knownin thecountryatlargetoo.thankstohisTikofoodempirewhichdelivers yoghurtandothergoodthingstoMadagascar’semergingmiddleclass.Hisfaceis everywhereonT-shirts.baseballcapsandbagsallpartsofaslickcampaign thatwashelpedalongbyhisownradioandtelevisionstations.HisChristian fervourandhisjobonacouncilofProtestantchurcheshavealsohelpedhim especiallyamongtheruralpoor.[F]AllthisisraregoodnewsforAfrica. MightitberiskediftherewereachangeofpresidentSomepointtopossible ethnictension:Mr.RavalomananaisfromthehighlandImerinapeoplewhohavea mixofAsian-settlerandAfricanbloodwhohaveneverbeforeheldpolitical officeovertheblackercoastalcommunities.Othersworrythathewillhave littlesupportinparliamentandthathisbusinesscareerhasnotpreparedhim forpoliticalcompromises.Abiggerconcernperhapsisthathemightnot seriouslyundertaketospreadthegoodtimesenjoyedinthecapitalintothe impoverishedcountryside.[G]ExcitementisintheairinMadagascaravast islandof15mpeopleofftheeastcoastofAfrica.OnDecember16thitsvoters trudgedtothe.pollsfromtheirhomesinhighlandtownsandremoteforest villagestopickapresident.ManyfavouredMareRavalomananaatycoonwhois alsothehandsomeyoungmayorofthecapitalAntananarivo.Order:
Text3 EvenattheVatican.notallsacred beliefsareabsolute:Thoushaltnotkillbutwarcanbejust.Nowbehindthe quietwallsaclashisshapingupinvolvingtwopolesofnearcertainty:the church’slong-heldbanoncondomsanditsadvocacyofhumanlife. TheissueisAIDS.ChurchofficialsrecentlyconfirmedthatPopeBenedict XVIhadrequestedareportonwhetheritmightbeacceptableforCatholicsto usecondomsinonenarrowcircumstance:toprotectlifeinsideamarriagewhen onepartnerisinfectedwithH.I.V.orissickwithAIDS. Whateverthepopedecideschurchofficialsandotherexpertsbroadly agreethatitisremarkablethatsodelicateanissueisbeingtakenup.But theyalsoagreethatsuchaninquiryislogicalandparticularlysignificant fromthispopewhowasPopeJohnPaulII’sstrictenforcerofchurch doctrine.Insomewaysmaybehehasgotthegreatestcapacity todoitbecausethereisnodoubtabouthisorthodoxysaidthe.Rev.Jon FulleraJesuitphysicianwhorunsanAIDSclinicattheBostonMedical Center.Theissuehassurfacedrepeatedlyasoneofthemost complicatedanddelicatefacingthechurch.Foryearssomeinfluential cardinalsandtheologianshavearguedforachangeforcouplesaffectedbyAIDS inthenameofprotectinglifewhileothershavefiercelyattackedthe possibilityasdemotingthechurch’slongadvocacyofabstinenceandmarital fidelitytofightthedisease.Thenewsbrokejustafter Benedictcelebratedhisfirstanniversaryaspopearelativelyquietpapal year.Buthedevotedhisfirstencyclicaltolovespecificallybetweenaman andawomaninmarriage.Indeedwithregardtocondomsthe onlychangeapparentlybeingconsideredisinthespecificcaseofmarried couples.ButanychangewouldbeunpopularwithconservativeCatholicssomeof whomhaveexpresseddisappointmentthatBenedicthasdisplayedasofterfacenow asdefenderofthefaiththanhedidwhenhewasstillCardinalJoseph Ratzingerthepapaladviser.It’sjusthardtoimaginethat anypope—andthispope—wouldchangetheteachingsaidAustinRusepresident oftheCultureofLifeFoundationaCatholic-orientedadvocacygroupin Washingtonthatopposesabortionandcontraception.Itistoo soontoknowwherethepopeisheading.Farlesscontentiousissuescantake yearstoinchthroughtheVatican’snexusofbeliefandbureaucracyprayerand politicsandCardinalJavierLozanoBarraganthepope’stopaideonhealth careissuesandotherofficialsdeclinedrequestsfor interviews.Accordingtothepassagethepopeprobablywill______.
[A]TheriseofatycoonwhoisfondofAmericaandSouthAfricaandwho printsEnglishslogansonhisbottlesofmilkandmineralwaterisasnubto Mr.Ratsiraka.Thepresidentwhohasdominatedpoliticssince1975—withafew years’absenceinthemid-1990s—steersclosetoFrancetheformercolonial power.Hehasbeenunwellandspendsmuchofhistimehavingmedicaltreatment inParis.Hisgovernmentpredictablyisaccusedofwidespreadcorruption.But heoffersstability—anddeclaresthatanyotherpresidentwouldusherinyears ofuncertainty.[B]Mr.Ratsirakamightindeedfeelaggrievedffhedidlose powerjustastheeconomyiscomingright.Afteratwo-decadespellasa socialistthenafewyearsofexilehebouncedbackintothepresidencyin 1996toimposeaustereneo-liberalreforms.Thesearenowpayingoff.Many peoplearestilldesperatelybadlyofflivinginvillageswithoutroads electricityordoctors.ButaccordingtoanoptimisticIMFreportonDecember 13ththeeconomymaymmouttohaveenjoyed6.7%growththisyearandinflation islow.[C]Inahighturnouthetooknearly80%ofthevotesinthe capitalandwelloverhalfinothercities.Resultsfromthelesssusceptible countrysideareslowlycomingin.Theynarrowthegapbuthestillseemsto haveachanceofeitherbeatingtheincumbentDidierRatsirakaoutrghtor facinghiminarun-offnextyear.[D]Aswellingflowoftouristscomesto theislandtoseeitsrainforestslemursandtropicalbeaches.Salesof textilestoAmericaaredoingwellthankstotariffreductionsthere.And.in thepastfewyears.Asianinvestorshaveopeneddozensoffactoriesinspecial exportzonesaroundthecapital.Mr.Ratsirakahasmanagedtonegotiatedebt reliefthatalmosthalvestheamountthecountryspendsonservicingitsdebts. Risthusabletospendabitmoreonschoolsandhospitals.Incomesinthe citiesareclearlyup.Agoodriceharvestthisyear.andtheabsenceof cycloneshaseasedhangerinthecountryside.[E]AsmayorMr.Ravalomanana wonmanycitizens’heartsbycleaningupthecapitalandseeingtonewroads andstreetlighting.Heoversawabuildingboom.theriseofadozen’flashynew supermarketsmorepolicemenonthestreetsandacutincrime.Heis.knownin thecountryatlargetoo.thankstohisTikofoodempirewhichdelivers yoghurtandothergoodthingstoMadagascar’semergingmiddleclass.Hisfaceis everywhereonT-shirts.baseballcapsandbagsallpartsofaslickcampaign thatwashelpedalongbyhisownradioandtelevisionstations.HisChristian fervourandhisjobonacouncilofProtestantchurcheshavealsohelpedhim especiallyamongtheruralpoor.[F]AllthisisraregoodnewsforAfrica. MightitberiskediftherewereachangeofpresidentSomepointtopossible ethnictension:Mr.RavalomananaisfromthehighlandImerinapeoplewhohavea mixofAsian-settlerandAfricanbloodwhohaveneverbeforeheldpolitical officeovertheblackercoastalcommunities.Othersworrythathewillhave littlesupportinparliamentandthathisbusinesscareerhasnotpreparedhim forpoliticalcompromises.Abiggerconcernperhapsisthathemightnot seriouslyundertaketospreadthegoodtimesenjoyedinthecapitalintothe impoverishedcountryside.[G]ExcitementisintheairinMadagascaravast islandof15mpeopleofftheeastcoastofAfrica.OnDecember16thitsvoters trudgedtothe.pollsfromtheirhomesinhighlandtownsandremoteforest villagestopickapresident.ManyfavouredMareRavalomananaatycoonwhois alsothehandsomeyoungmayorofthecapitalAntananarivo.Order:
Directions: ImagineyouareastudentwhowantstoapplyfortheNewStarscholarshipofferedbyyouruniversity.Writealettertothepersonconcernedwhichshouldinclude1thepurposeofwritingtheletter;2yourqualificationsforthescholarship;3yourthanks: Youshouldwriteabout100words.Donotsignyourownnameattheendoftheletter.UseLiMinginstead.Youdonotneedtowritetheaddress.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
AMGENtheworld’sbiggestbiotechnologycompanymadeits fortunefromadrugthatfortifiesthebloodofpatientswhoareundergoing dialysis.OnDecember17ththeCaliforniacompanyacquiredsomenewbloodof itsownwiththepurchaseofImmunexaSeattle-basedbiotechnologycompanyfor $16billion.Thisdealabiotech-industryrecordgivesAmgena firmfootinginthemultibillion-dollarmarketininflammationcontrol. Immunex’smostprofitableproductisEnbrelatreatmentforrheumatoid arthritis.46Amgenhopestotriplethedrug’ssalestomorethan$3billion by2005wideningitsusetootherdiseasesandovercomingmanufacturing constraintsthathavekeptthedruginshortsupply.With thistakeoverImmunexpassesfromoneparenttoanother.AmericanHomeProducts AHPholds41%ofthesharesandhasgiventhefirmsalesandmarketing support.47ButAHPAmericanHouseholdProductshasbeensellingdownits stakesincelastyearinparttofinancea$3.8billionsettlementofclaims againstitsdietdrugs.48AlthoughAmencallsitselfa biotechcompanyitsmarketcapitalisationofaround$62billionmakesitlarger thanPharmaciaandseveralotherwell-knownmainstreamdrugcompanies traditionallyconsideredthebigbrothersofbiotech.ButAmgenlikesto thinkofitselfaslessbureaucraticandmoreentrepreneurialthanits pharmaceuticalbrethrenanditisfreeofsuchbig-pharmawoesasimminent patentexpiry.49HoweverasJose2ohDoughertyabiotechanalystat LehmanBrotherspointsout-Amgenwillfindithardtoretainthefreedomof itsyouthasitstrivestoexpanditssalesbymorethan30%a year.Historicallypharmaceuticalcompanieshaveusedtheirdeeppockets tobuybiotechcompanies.Now.increasinglybiotechcompaniesarebuyingeach otherseechart.Suchindustryconsolidationisdrivenbystrategyratherthan desperationaccordingtoScottMorrison.aconsultantwithErnst&Young. 50Companiesarepoolingtheirresourcestobuildscaleinresearchand developmentandinsalesortofillholes-intheirproductpipelinesasAmgen hasjustdone.Withalmost1400biotechcompaniesinAmericaanda comparablenumberinEuropethereisplentyofroomformoretogetherness.
America’sFederalReservecutinterest ratesbyanotherquarter-pointto3.75%.WallStreetwhichhadbeen 1forasixthhalf-pointcutwasdisappointed.TheDowfell by2%2theweek.Thepastweek’seconomicstatisticsgave mixedsignals.Exportsdroppedby2%inbothMarchandAprillargely 3adeclineinhigh-techinvestment4; themerchandise-trade5widenedto$458billioninthe12 months6April.7theConference Board’sindexofconsumerconfidencewashigherthan8in June.Concerns9inflationintheeuro area10.Preliminarydata11that Germanconsumer-priceinflationfellto3.1%intheyeartoJunefrom3.5%in May;wagegrowth12to1.4%inAprilarealpaycutof 1.5%.SomeeconomistsfearthatGermanyisonthe13of recession.TheIFOindexofbusinessconfidencedroppedmore14 thanexpectedinMayandtheinstitutehascutitsforecastofGDP 15thisyeartoonly1.2%well16the Germangovernment’sforecastof2%.Theeuroarea’s current-accountdeficitnarrowedto$30billioninthe12monthstoApril. Britain’sdeficitinthefirstquarterwasitssmallest17 199818recordinvestmentincome. TherewasmorebadnewsfromJapan19retailsales inlargestoresfellby3.2%inMaythe37thconsecutivemonthlyfall.Theyen fell20thedollartouchingalmostYen125onone point.
Text4 HealthysodaThatmaystrikesomeas anoxymoron.ButforCoca-ColaandPepsiCo.it’samarketing opportunity.Incomingmonthsbothcompanieswillintroducenew carbonateddrinksthatarefortifiedwithvitaminsandminerals:DietCokePlus andTavawhichisPepsiCo’snewoffering.Theywillbepromotedassparkling beverages.Thecompaniesarenottailingthemsoftdrinksbecausepeopleare turningawayfromtraditionalsodawhichhasbeenhurtinpartbypublicity aboutitslinktoobesity.Whilethesodabusinessremainsa$68 billionindustryintheUnitedStatesconsumersareincreasinglyreachingfor bottledwatersparklingjuicesandgreenteadrinks.Irr’2005.themountof sodasoldinthiscountrydroppedforthefirsttimeinrecenthistory.Eventhe dietsodabusinesshasslowed.Coca-Cola’schiefexecutive.E. NevilleIsdell.clearlyfrustratedthathisindustryhasbeensingledoutinthe obesitydebateinsistedatarecentconferencethathisdietproductsshouldbe includedinthehealthandwellnesscategorybecausewithfewornocalories theyarealogicalanswermexpandingwaistlines.Dietand lightbrandsareactuallyhealthandwellnessbrandsMr.Isdellsaid.He assertedthatDietCokePluswasawaytobroadenthecategorytoattactnew consumers.TomPirko.presidentofBevmarkafoodandbeverage consultingfirmsaiditwasajoketomarketartificiallysweetenedsoft drinksashealthyeveniftheywerefortifiedwithvitaminsandminerals. Researchbyhisfirmandothersshowsthatconsumersthinkofdietsoftdrinks astheantithesisofhealthyhesaid.Theseconsumerscommenton puttingsomethingsyntheticandnotnaturalintotheirbodieswhentheyconsume dietcolasMr.Pirkosaid.Andinthemidstofahealthandwelfareboom thatain’tgood.Theideaofhealthysodaisnotentirelynew. In2004CadburySchweppescausedastirwhenitunveiled7UpPlusa low-caloriesodafortifiedwithvitaminsandminerals.LastyearCadburytried toextendthehealthyhalooveritsregular7Upbrandbylabelingit100 percentnatural.Butthecompanychangedthelabelto100percentnatural flavoraftercomplaintsfromanutritiongroupthataproductcontaining high-fructosecomsyrupshouldnotbeconsiderednaturaland7UpPlushas floundered.Thenewfortifiedsoftdrinksearnedgrudgingapproval fromMichaelF.JacobsenexecutivedirectoroftheCenterforScienceinthe PublicInterest.anutritionadvocacygroupandfrequentcriticofregularsoft drinkswhichithaslabeledliquidcandy.AsurveybyMorgan Stanleyfoundthatonly10percentofconsumersinterviewedin2006considered dietcolasahealthychoicecomparedwith14percentin2003.Furthermore30 percentoftheconsumerswhowereinterviewedlastyearsaidthattheywere reluctanttodrinkbeverageswithartificialsweetenersupfrom21percentin 2004.ThesentencewithfewornocaloriestheyarealogicalanswertoexpandingwaistlinesPara.4means______.
AMGENtheworld’sbiggestbiotechnologycompanymadeits fortunefromadrugthatfortifiesthebloodofpatientswhoareundergoing dialysis.OnDecember17ththeCaliforniacompanyacquiredsomenewbloodof itsownwiththepurchaseofImmunexaSeattle-basedbiotechnologycompanyfor $16billion.Thisdealabiotech-industryrecordgivesAmgena firmfootinginthemultibillion-dollarmarketininflammationcontrol. Immunex’smostprofitableproductisEnbrelatreatmentforrheumatoid arthritis.46Amgenhopestotriplethedrug’ssalestomorethan$3billion by2005wideningitsusetootherdiseasesandovercomingmanufacturing constraintsthathavekeptthedruginshortsupply.With thistakeoverImmunexpassesfromoneparenttoanother.AmericanHomeProducts AHPholds41%ofthesharesandhasgiventhefirmsalesandmarketing support.47ButAHPAmericanHouseholdProductshasbeensellingdownits stakesincelastyearinparttofinancea$3.8billionsettlementofclaims againstitsdietdrugs.48AlthoughAmencallsitselfa biotechcompanyitsmarketcapitalisationofaround$62billionmakesitlarger thanPharmaciaandseveralotherwell-knownmainstreamdrugcompanies traditionallyconsideredthebigbrothersofbiotech.ButAmgenlikesto thinkofitselfaslessbureaucraticandmoreentrepreneurialthanits pharmaceuticalbrethrenanditisfreeofsuchbig-pharmawoesasimminent patentexpiry.49HoweverasJose2ohDoughertyabiotechanalystat LehmanBrotherspointsout-Amgenwillfindithardtoretainthefreedomof itsyouthasitstrivestoexpanditssalesbymorethan30%a year.Historicallypharmaceuticalcompanieshaveusedtheirdeeppockets tobuybiotechcompanies.Now.increasinglybiotechcompaniesarebuyingeach otherseechart.Suchindustryconsolidationisdrivenbystrategyratherthan desperationaccordingtoScottMorrison.aconsultantwithErnst&Young. 50Companiesarepoolingtheirresourcestobuildscaleinresearchand developmentandinsalesortofillholes-intheirproductpipelinesasAmgen hasjustdone.Withalmost1400biotechcompaniesinAmericaanda comparablenumberinEuropethereisplentyofroomformoretogetherness.
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