stock exchange

Bank of International Settlements

market share

means of production

Income Gap:  In fulfilling those hopes, however, Korea faces some potentially disruptive problems. Some are social. For all the progress, deep pockets of poverty exist throughout the country. In Seoul, glistening high-rise apartment houses jostle with warrens of slum housing; in remote rural communities people are still eking out subsistence livings. As a result, conspicuous consumption by a nouveau riche elite has become a real source of friction. In contrast to Japan, which has managed to spread its postwar wealth relatively evenly, Korea is beset by a widening income gap between rich and poor.1. What is the usually meaning of the expression "a deep pocket"?2. What does 'deep pockets' means here ?3. The expression "deep pockets" is used here ironically, what does it indicate ?

It is no coincidence that government departments in the various emirates are welcoming bids from consultants that are new to the area. Easily lured away from the recession-hit West by the notion that the streets of Abu Dhabi and Dubai are paved with gold, these companies are tending to submit very low offers to gain a foothold in the area. While there undoubtedly is work about and the outlook for the UAE is bright, the ever increasing competition among consultants and contractors means that margins are being squeezed. In the opinion of one major local consultant, the only way forward is to diversify: “Diversification into project management in the oil and gas sector is the only way to secure continuity of work and revenues and keep international calibre consultants on the ground. ”

Whenever there is shortage of any specific goods, we'll replace by other goods with 【equivalent】 value.

The 【slump】 in consumer confidence has created panic in the stock market.

The progress in European integration provides a solid 【underpinning】 for Europe's future development.

Our country will achieve state of law and order that we all 【aspire to】.