File - Your English workout

Your
English Workout
Venezuela Faces Economic Trouble
1) What’s Venezuela’s main economic problem?
Answer:
2) Where do dollars cost much more?
Answer:
3) What does the country mainly export?
Answer:
4) When did Maduro win the election ?
Answer:
5) What does Capriles do? What’s his job?
Answer:
6) What did he promise?
Answer:
Answer 1
Answer 2
Answer 3
Inflation.
In the black market.
Oil.
Answer 4
April 14th.
Answer 5
Answer 6
He’s a lawyer.
He promised to open the economy to foreign investment.
Your
English Workout
Venezuela Faces Economic Trouble
FILL IN THE GAPS
Venezuela is facing a number of economic problems. Inflation is putting _______
on many businesses. Rotzen Villabon owns a gift store. But his business needs
American dollars to import _________ from China. He is unable to exchange
Venezuelan money for dollars at the official exchange rate of about 6.5 bolivares
to the dollar.
He says the supply of dollars is even limited in the black market, where the
dollars cost much more. He says that is why ________ at his store is down.
Venezuela has the highest rate of inflation in South America. In February,
Venezuela reduced the value of its _________ by one third which has made
imports more costly.
The economic troubles have resulted in shortages of products - from
necessities like food to ______ products. Venezuela is a major oil exporter.
The nation’s oil ______ paid for many social programs during the 14-year-rule
of former president Hugo Chavez.
But Venezuela’s recent presidential election showed there are divisions in the
country. Nicolas Maduro was declared the ________ of a close election over
opposition candidate Henrique Capriles on April 14th. Mr. Caprile disputed
the vote and called for a ________.
Henrique Capriles is a lawyer. He promised to open the economy to foreign
investment. Nicolas Maduro is a former _____ leader. He served as vice president
to Mr. Chavez before the president died of cancer last month.
Mr. Maduro promised to continue the social policies and programs of
Mr. Chavez. For __________, the election was about saving programs for free
housing, health care and education.
Your
English Workout
Venezuela Faces Economic Trouble
TRANSCRIPT
Venezuela is facing a number of economic problems. Inflation is putting pressure
on many businesses. Rotzen Villabon owns a gift store. But his business needs
American dollars to import products from China. He is unable to exchange
Venezuelan money for dollars at the official exchange rate of about 6.5 bolivares
to the dollar.
He says the supply of dollars is even limited in the black market, where the
dollars cost much more. He says that is why business at his store is down.
Venezuela has the highest rate of inflation in South America. In February,
Venezuela reduced the value of its currency by one third which has made
imports more costly.
The economic troubles have resulted in shortages of products - from
necessities like food to beauty products. Venezuela is a major oil exporter.
The nation’s oil wealth paid for many social programs during the 14-year-rule
of former president Hugo Chavez.
But Venezuela’s recent presidential election showed there are divisions in the
country. Nicolas Maduro was declared the winner of a close election over
opposition candidate Henrique Capriles on April 14th. Mr. Caprile disputed
the vote and called for a recount.
Henrique Capriles is a lawyer. He promised to open the economy to foreign
investment. Nicolas Maduro is a former union leader. He served as vice president
to Mr. Chavez before the president died of cancer last month.
Mr. Maduro promised to continue the social policies and programs of
Mr. Chavez. For supporters, the election was about saving programs for free
housing, health care and education.
Your
English Workout
Venezuela Faces Economic Trouble
TRANSLATION
Venezuela se está enfrentando a una serie de problemas económicos. La inflación
está metiendo presión a muchos negocios. Rotzen Villabon tiene una tienda de
regalos / souvenirs. Pero su negocio necesita dólares americanos para importar
productos de China. Él es incapaz de cambiar el dinero venezolano por dólares
al tipo de cambio oficial de unos 6.5 bolívares respecto al dólar.
Él dice que la oferta de dólares está incluso limitada en el mercado negro, donde
los dólares cuestan mucho más. Dice que esa es la razón por la que el negocio
en su tienda está a la baja. Venezuela tiene la tasa de inflación más alta de América
del Sur. En Febrero, Venezuelo redujo el valor de su divisa en un tercio lo cual ha
hecho que las importaciones sean más costosas.
Los problemas económicos también han llevado a la escasez de productos - desde
artículos de primera necesidad como la comida hasta productos de belleza.
Venezuela es un importante exportador de petróleo. La riqueza en petróleo del
país pagó muchos programas sociales durante el gobierno de 14 años del anterior
presidente Hugo Chavez.
Pero las recientes elecciones de Venezuela mostraron que hay divisiones en el país.
Nicolas Maduro fue declarado ganador en unas elecciones reñidas ante el candidato
de la oposición Henrique Capriles el 14 de Abril. El Sr. Caprile puso en duda la
votación y exigió un recuento.
H.C. es abogado. Prometió abrir la economía a la inversión extranjera. N.M. fue
líder sindical. Sirvió como vicepresidente de Chavez antes de que el presidente
muriera de cáncer el mes pasado.
El Sr. Maduro prometió continuar con los programas y políticas sociales del Sr.
Chavez. Para los seguidores, las elecciones trataban de salvar programas para
la vivienda libre, la sanidad y la educación.
Your
English Workout
Venezuela Faces Economic Trouble
VOCABULARY
VOCABULARY
to own: ser
propietario
to exchange:
intercambiar
as well
así como
supply:
ofertaas:
(economía)
rate: to
tasabe away: estar fuera
to look
like: parecerse
beauty
products:
productos de belleza
many...as...:
tantas ... como...
rule: as
mandato
(de un gobierno)
to principal
make up: constituir
major:
payment: pago mensual
close:monthly
apretado (resultado)
to develop:
desarrollar
investment:
inversión
storepolíticas
owners: propietarios de tiendas
policies:
to report:
informar
healthcare:
sanidad
NOTES