Deck no. 14 Flashcards

1
Q

shortfall

A

niedobór (finansowy), brak (pieniędzy); dziura (w budżecie)

In a note over the weekend, Citigroup’s technology hardware team said the new coronavirus will materially impact the tech supply chain and end demand which we view as actual demand declines and the shortfalls will not be recouped later in the year.

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2
Q

powtórka

A

rerun

In Mahbubani’s telling, written before coronavirus struck, the US ruling classes think their rivalry with China is a rerun of the cold war with the Soviet Union — and they know how that movie ended.

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3
Q

to push down

A

tłumić (np. uczucia)

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

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4
Q

powstający na nowo, odradzający się

A

resurgent

In spite of the increasingly bellicose noises coming out of Washington, the US has failed to develop any coherent strategy to deal with a resurgent China.

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5
Q

niedobór (finansowy), brak (pieniędzy); dziura (w budżecie)

A

shortfall

In a note over the weekend, Citigroup’s technology hardware team said the new coronavirus will materially impact the tech supply chain and end demand which we view as actual demand declines and the shortfalls will not be recouped later in the year.

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6
Q

poświęcać niewiele uwagi

A

to give short shrift

Mahbubani gives short shrift to America’s marginalised modern day diplomats: there are, as the former defence secretary Robert Gates observed, more members of military marching bands than US foreign service personnel.

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7
Q

knock-on effect

A

efekt domina; skutek uboczny

There is no question that gyms, whether they are high-end or value-oriented gyms or boutique fitness players, will all suffer as long as coronavirus and the knock-on effects of it last, said David Shiffman, who is co-head of investment bank PJ Solomon’s consumer retail practice.

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8
Q

kształtować

A

to fashion

CEO Todd Piett says he has pushed the company to refashion its structure so many decisions do not flow through him.

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9
Q

przezorny

A

prudent

Managers are encouraged to set enough aside for a rainy day. The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash.

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10
Q

and then some

A

a nawet więcej; i jeszcze trochę (w odniesieniu do pieniędzy)

He took up the central bank’s playbook from the 2008 financial crisis and then some—cutting rates to near zero, purchasing huge quantities of government debt and, breaking a taboo, lending to American businesses.

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11
Q

pracownik, tajny agent

A

operative

Mr Telizhenko claims in 2016, when he served as a staffer at the Ukrainian embassy in Washington, that a Democratic party political operative asked him for help in digging up dirt on Mr Trump’s campaign, specifically his campaign chief at the time, Paul Manafort.

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12
Q

straight talk

A

szczera rozmowa

Kishore Mahbubani has long filled a convenient slot on the international conference circuit (when there was such a thing) as the straight-talking Asian fond of speaking unwelcome truths to westerners.

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13
Q

steep

A

gwałtowny

Clothing manufacturers face a steep drop in demand from retailers in the U.S. and Europe.

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14
Q

by and large

A

ogólnie rzecz biorąc, w sumie, w zasadzie

These are fairly fixed-cost businesses, said John Puchalla of Moody’s. They can cut back on hours for employees but by and large there’s a lot of fixed cost in operating these clubs.

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15
Q

to be but

A

być tylko

But Mr Giuliani, a former federal prosecutor in Manhattan before becoming New York mayor, is now seeking to prove a much broader case: that Burisma was but one asset in a post-Soviet Ukraine that a group of Democrats — including Bill and Hillary Clinton and George Soros — has been milking for years to enrich themselves and fund their political operations.

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16
Q

gwałtowny

A

steep

Clothing manufacturers face a steep drop in demand from retailers in the U.S. and Europe.

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17
Q

to usurp

A

wygryźć (np. ze stanowiska)

Alively polemic suggests that China will soon usurp the US as the world’s hegemon, writes John Thornhill.

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18
Q

knee-jerk

A

odruchowy, automatyczny

Knee-jerkrate cuts only make matters worse in this crisis.

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19
Q

wykorzystywać coś

A

to pick up on something

Mahbubani picks up on that cold war analogy. But this time, he argues, the roles are reversed: the US is the inflexible, ideological, systemically challenged superpower, while China is the adaptable, pragmatic and strategically smart rival.

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20
Q

big-box retailer

A

market; supermarket

But many of Apple’s products flow through stores it doesn’t own, such as those operated by wireless carriers and big-box retailers—Best Buy, for example.

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21
Q

obciążenie

A

liability

Insurers’ liability to covid-19 is, for instance, still unclear. Politicians in America are urging insurance firms to indemnify holders of policies protecting against business interruptions.

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22
Q

war footing

A

wojenna ścieżka, wojenna stopa

On a wartime footing.

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23
Q

glaring

A

rażący

That is in glaring contrast with the patient strategy of containment articulated by the US diplomat George Kennan in 1946 at the start of the cold war.

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24
Q

marbles

A

rozum, zdrowy rozsądek

There isn’t really anything that could convince me to go back to the gym until the coronavirus is over, he added, admitting: If we were having this conversation a month ago there would be a concern I had lost my marbles.

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25
Q

discrepancy

A

niezgodność, rozbieżność

A Senate committee that has been investigating the Bidens and Burisma last week abruptly postponed a vote to subpoena Mr Telizhenko as a witness after its Republican chairman, Ron Johnson, acknowledged some discrepancies in his claims.

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26
Q

to exercise

A

sprawować (np. władzę, kontrolę)

The boss exercised control over his workers.

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27
Q

dotrzymać słowa, dotrzymać obietnic, wywiązać się z czegoś

A

to deliver

Most tellingly, theUS’s social and economic model has stopped delivering for most of its people.

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28
Q

tu: niemalże

A

fairly

These are fairly fixed-cost businesses, said John Puchalla of Moody’s. They can cut back on hours for employees but by and large there’s a lot of fixed cost in operating these clubs.

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29
Q

ubliżać

A

to disparage

With credit markets beginning to rally last week, Mr. Powell fielded a phone call from President Trump, who earlier in the month had disparaged the Fed as pathetic, the latest in a yearlong string of insults over his desire for lower rates, even when the economy was on a stronger footing.

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30
Q

to teeter

A

chwiać się; balansować (na krawędzi, granicy)

At the time, Ukraine was fighting Russian-backed separatists in the east, its economy was teetering and it was desperate for the US’s help.

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31
Q

to take on

A

przyjmować, kupować

He advised factories not to take on raw materials from suppliers in order to not exacerbate what will be a difficult time for all.

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32
Q

to eat up something

A

pochłonąć coś, pochłaniać coś (np. wielkie ilości paliwa)

About $1trn of this debt is accounted for by firms with debts greater than four times EBITDA and interest bills that eat up at least half their pre-tax earnings.

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33
Q

to proffer

A

wręczać

The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash. Many will need a bigger umbrella that only the state can proffer.

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34
Q

później

A

on

But a month on, has Russia had a change of heart?

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35
Q

to allow for something

A

wziąć coś pod uwagę, uwzględniać coś

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

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36
Q

to treble

A

potroić

This pool of more risky debt has grown faster than the rest, roughly trebling in size since 2012.

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37
Q

hala fabryczna; robotnicy

A

factory floor

Their business models depend on being able to get orders from factory floors to retail outlets in weeks.

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38
Q

zasoby gotówkowe, zasoby pieniężne

A

cash holdings

This is despite the fact that the ratio of their debt, minus their cash holdings, to their earnings before interest, tax, depreciation and amortisation (EBITDA) has almost doubled since 2012.

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39
Q

być w zawieszeniu

A

to be in limbo

Airbnb reels, listing is in limbo

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40
Q

oszust

A

crook

Mr Giuliani replied that the crooked US media was determined to bury the matter but added: I think we’re getting through, and I would say you’re one of the primary reasons, Andrii Telizhenko.

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41
Q

stewardship

A

zarządzanie (czymś)

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

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42
Q

podstawa

A

footing

With credit markets beginning to rally last week, Mr. Powell fielded a phone call from President Trump, who earlier in the month had disparaged the Fed as pathetic, the latest in a yearlong string of insults over his desire for lower rates, even when the economy was on a stronger footing.

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43
Q

niezbadany

A

uncharted

The Fed takes uncharted course to stem virus damage.

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44
Q

zmobilizować

A

to prod

According to businessmen, diplomats and politicians in Ukraine and Washington, Mr Giuliani has since relaunched his effort to prod the Ukrainian government into investigating Mr Biden and his son, Hunter, and is working with a new set of local accomplices in Kyiv.

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45
Q

bułka z masłem, banał, łatwizna,

A

cakewalk

The test was flawless and the run-up to the July 24 opening ceremony looked like a cakewalk.

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46
Q

odpowiadać (na trudne pytania), odbierać (liczne telefony)

A

to field

With credit markets beginning to rally last week, Mr. Powell fielded a phone call from President Trump, who earlier in the month had disparaged the Fed as pathetic, the latest in a yearlong string of insults over his desire for lower rates, even when the economy was on a stronger footing.

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47
Q

źle

A

ill

They are now pausing or canceling factory orders, boding ill for Asian manufacturers of other, slower-moving consumer goods like smartphones and cars.

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48
Q

a nawet więcej; i jeszcze trochę (w odniesieniu do pieniędzy)

A

and then some

He took up the central bank’s playbook from the 2008 financial crisis and then some—cutting rates to near zero, purchasing huge quantities of government debt and, breaking a taboo, lending to American businesses.

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49
Q

vigorous

A

energiczny; silny

In America, where two-thirds of global airline profits are made, vigorous lobbying helped carriers secure their own tailored package.

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50
Q

wyczerpywać (np. zapasy, temat), zużywać

A

to exhaust

Managers are encouraged to set enough aside for a rainy day. The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash.

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51
Q

to rehash

A

przerobić

However, it is unclear if SoftBank will attempt to rehash the entire rescue agreement, which could open the door to litigation between the two groups, investor sand Mr Neumann.

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52
Q

przesadny

A

effusive

Mahbubani is as effusive in his praise of China’s leaders as he is damning of their US counterparts.

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53
Q

wspólnik

A

accomplice

According to businessmen, diplomats and politicians in Ukraine and Washington, Mr Giuliani has since relaunched his effort to prod the Ukrainian government into investigating Mr Biden and his son, Hunter, and is working with a new set of local accomplices in Kyiv.

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54
Q

to field

A

odpowiadać (na trudne pytania), odbierać (liczne telefony)

With credit markets beginning to rally last week, Mr. Powell fielded a phone call from President Trump, who earlier in the month had disparaged the Fed as pathetic, the latest in a yearlong string of insults over his desire for lower rates, even when the economy was on a stronger footing.

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55
Q

pomijany, niezauważony, niedoceniony

A

unsung

Middle managers: the unsung heroes of this crisis.

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56
Q

outlet

A

punkt sprzedaży

Their business models depend on being able to get orders from factory floors to retail outlets in weeks.

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57
Q

to exhaust

A

wyczerpywać (np. zapasy, temat), zużywać

Managers are encouraged to set enough aside for a rainy day. The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash.

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58
Q

to debunk

A

demaskować (oszustwo), obalać (np. teorię, mit)

The former mayor’s efforts, which have included interviewing potential witnesses and recruiting two former Ukrainian officials with close ties to Washington to help in his investigation, assures that the debunked conspiracy theory regarding Mr Biden that triggered January’s impeachment will once again become a feature of the 2020 presidential campaign.

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59
Q

uruchomić, dać bodziec

A

to kick-start

That means the Fed, rather than trying to kickstart growth, is instead focused on preventing credit from drying up to preserve the economy’s capacity to produce once activity resumes.

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60
Q

buńczuczny, wojowniczy, bojowo nastawiony

A

bellicose

In spite of the increasingly bellicose noises coming out of Washington, the US has failed to develop any coherent strategy to deal with a resurgent China.

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61
Q

fairly

A

tu: niemalże

These are fairly fixed-cost businesses, said John Puchalla of Moody’s. They can cut back on hours for employees but by and large there’s a lot of fixed cost in operating these clubs.

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62
Q

zaniepokojony

A

uneasy

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

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63
Q

rozum, zdrowy rozsądek

A

marbles

There isn’t really anything that could convince me to go back to the gym until the coronavirus is over, he added, admitting: If we were having this conversation a month ago there would be a concern I had lost my marbles.

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64
Q

to source

A

pozyskiwać

We need to take this urgent action as UK has been instructed to lockdown, wrote John McClure, who manages sourcing in Asia for Marks & Spencer.

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65
Q

potroić

A

to treble

This pool of more risky debt has grown faster than the rest, roughly trebling in size since 2012.

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66
Q

narodowe linie lotnicze

A

flag-carrier

Some flag-carriers have already been bailed out: Alitalia has been nationalised (again), Dubai has rescued Emirates and Singapore Airlines raised equity with the backing of Temasek, the city-state’s sovereign-wealth fund.

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67
Q

tani

A

cut-rate

Samsung at the time was making cut-rate TVs and microwaves, but it was also getting started in making memory chips, and Jobs suspected they could build anything he wanted.

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68
Q

rozpocząć się; być w toku; być w trakcie

A

to be under way

At Douyin,which made 80 per cent of its estimated Rmb75bn ($11bn) revenues last year from advertising, there is a push underway to wring more money out of its 400m daily users, according to Founder Securities,are search firm.

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69
Q

pochłonąć coś, pochłaniać coś (np. wielkie ilości paliwa)

A

to eat up something

About $1trn of this debt is accounted for by firms with debts greater than four times EBITDA and interest bills that eat up at least half their pre-tax earnings.

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70
Q

to push into

A

wejść (na jakieś terytorium); atakować coś

The move to majority control for the two banks comes after decades of pushing into the China market.

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71
Q

karty na ręku

A

hand

Ultimately the collapse in demand could force Riyadh’s hand.

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72
Q

kudos

A

uznanie, wyrazy uznania, pochwała

Kudos to Apple Inc. for finally sending the right message about the seriousness of the coronavirus pandemic.

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73
Q

rerun

A

powtórka

In Mahbubani’s telling, written before coronavirus struck, the US ruling classes think their rivalry with China is a rerun of the cold war with the Soviet Union — and they know how that movie ended.

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74
Q

wygryźć (np. ze stanowiska)

A

to usurp

Alively polemic suggests that China will soon usurp the US as the world’s hegemon, writes John Thornhill.

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75
Q

to ones detriment

A

na czyjąś niekorzyść

Some rivals in Kyiv are convinced Mr Pinchuk used his influence inWashington to their detriment, prompting Democratic administrations to scrutinise their business interests and limit their ability to operate in the US.

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76
Q

poświęcać niewiele uwagi

A

to give short shrift

Mahbubani gives short shrift to America’s marginalised modern day diplomats: there are, as the former defence secretary Robert Gates observed, more members of military marching bands than US foreign service personnel.

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77
Q

demaskować (oszustwo), obalać (np. teorię, mit)

A

to debunk

The former mayor’s efforts, which have included interviewing potential witnesses and recruiting two former Ukrainian officials with close ties to Washington to help in his investigation, assures that the debunked conspiracy theory regarding Mr Biden that triggered January’s impeachment will once again become a feature of the 2020 presidential campaign.

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78
Q

to alienate

A

zrazić kogoś (do siebie)

Factory owners are usually very reluctant to take legal action because they don’t want to alienate buyers.

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79
Q

ograniczać coś, redukować coś

A

to cut back on something

These are fairly fixed-cost businesses, said John Puchalla of Moody’s. They can cut back on hours for employees but by and large there’s a lot of fixed cost in operating these clubs.

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80
Q

to add to the challenge

A

stanowić dodatkowe wyzwanie

Adding to the challenge, they have done much of this from their homes, as a health precaution, instead of from a Fed war room.

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81
Q

footing

A

podstawa

With credit markets beginning to rally last week, Mr. Powell fielded a phone call from President Trump, who earlier in the month had disparaged the Fed as pathetic, the latest in a yearlong string of insults over his desire for lower rates, even when the economy was on a stronger footing.

82
Q

wręczać

A

to proffer

The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash. Many will need a bigger umbrella that only the state can proffer.

83
Q

to pilfer

A

ukraść

At museum in lockdown, a Van Gogh is pilfered.

84
Q

anchor tenant

A

strategiczny najemca

anchor tenant is a major department or chain store located at a shopping mall so as to give maximum exposure to smaller, satellite stores. An anchor tenant is often referred to as a magnet store, anchor store, draw tenant, key tenant, prime tenant, or a traffic generator.

Restaurant delivery businesses depend on anchor tenants to drive order volume. A large drop in orders leaves couriers without enough work at a time when many are already nervous about the risk of infection.

85
Q

karty na ręku

A

hand

Ultimately the collapse in demand could force Riyadh’s hand.

86
Q

to hammer

A

uderzać (np. kryzys, zapaść)

The crisis hammered our company.

87
Q

to cut back on something

A

ograniczać coś, redukować coś

These are fairly fixed-cost businesses, said John Puchalla of Moody’s. They can cut back on hours for employees but by and large there’s a lot of fixed cost in operating these clubs.

88
Q

to place orders

A

składać zamówienia

H&M said it is evaluating potential changes on recently placed orders.

89
Q

pozyskiwać

A

to source

We need to take this urgent action as UK has been instructed to lockdown, wrote John McClure, who manages sourcing in Asia for Marks & Spencer.

90
Q

energiczny; silny

A

vigorous

In America, where two-thirds of global airline profits are made, vigorous lobbying helped carriers secure their own tailored package.

91
Q

uneasy

A

zaniepokojony

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

92
Q

uderzać (np. kryzys, zapaść)

A

to hammer

The crisis hammered our company.

93
Q

wojenna ścieżka, wojenna stopa

A

war footing

On a wartime footing.

94
Q

szczera rozmowa

A

straight talk

Kishore Mahbubani has long filled a convenient slot on the international conference circuit (when there was such a thing) as the straight-talking Asian fond of speaking unwelcome truths to westerners.

95
Q

to kick-start

A

uruchomić, dać bodziec

That means the Fed, rather than trying to kickstart growth, is instead focused on preventing credit from drying up to preserve the economy’s capacity to produce once activity resumes.

96
Q

bias

A

uprzedzenie; nastawienie; zamiłowanie

Some leaders have been with the company for more than 15 years, and Ms. Cross says the company has built a culture with a bias towards listening.

97
Q

składać zamówienia

A

to place orders

H&M said it is evaluating potential changes on recently placed orders.

98
Q

tłumić (np. uczucia)

A

to push down

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

99
Q

z pełną siłą, z pełną prędkością

A

full-bore

If the virus overwhelms the Fed’s power to preserve businesses’ access to money, the result could be defaults and bankruptcies that turn a severe, synchronized global recession into a full-bore depression.

100
Q

efekt domina; skutek uboczny

A

knock-on effect

There is no question that gyms, whether they are high-end or value-oriented gyms or boutique fitness players, will all suffer as long as coronavirus and the knock-on effects of it last, said David Shiffman, who is co-head of investment bank PJ Solomon’s consumer retail practice.

101
Q

to burn through

A

zużyć coś (szybko i doszczętnie), tracić coś (np. pieniądze, środki)

The danger is that new programs, even those launched very quickly, won’t be ready in time to help revenue-starved businesses already burning through cash.

102
Q

uprzedzenie; nastawienie; zamiłowanie

A

bias

Some leaders have been with the company for more than 15 years, and Ms. Cross says the company has built a culture with a bias towards listening.

103
Q

to overdo

A

przesadzać z czymś, używać za dużo (np. perfum, zdrobnień)

In February Jerome Powell, the chair of the Fed, told Congress some corporate debt represented a macroeconomic risk… particularly in the event of the economic downturn. Might American firms have overdone it?

104
Q

cloudburst

A

oberwanie chmury (nagły, ulewny deszcz)

Managers are encouraged to set enough aside for a rainy day. The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash.

105
Q

to etch in something

A

wyryć w czymś (np. zapaść w pamięci)

Also etched in his memory — with resentment—is a speech that Mr Biden, then vice-president, delivered at Ukraine’s parliament in December 2015, when he demanded that Mr Poroshenko fight corruption by overhauling the prosecutors office.

106
Q

agitated

A

zdenerwowany

One person close to Airbnb said management and the board are working in sync but that outside investors are agitated about the company’s troubles and its response to them.

107
Q

zlekceważyć, zignorować

A

to discount

But there are some in Washington and Kyiv—even those suspicious of Mr Telizhenko’s motives — who do not discount the idea that an investigation of Mr Biden might be a worthwhile exercise.

108
Q

dotrzymać słowa, dotrzymać obietnic, wywiązać się z czegoś

A

to deliver

Most tellingly, theUS’s social and economic model has stopped delivering for most of its people.

109
Q

wynagradzać straty, wypłacać odszkodowanie

A

to indemnify

Insurers’ liability to covid-19 is, for instance, still unclear. Politicians in America are urging insurance firms to indemnify holders of policies protecting against business interruptions.

110
Q

przerobić

A

to rehash

However, it is unclear if SoftBank will attempt to rehash the entire rescue agreement, which could open the door to litigation between the two groups, investor sand Mr Neumann.

111
Q

zmiana zdania, zmiana nastawienia

A

change of heart

But a month on, has Russia had a change of heart?

112
Q

zarządzanie (czymś)

A

stewardship

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

113
Q

powstrzymanie, ograniczenie

A

containment

That is in glaring contrast with the patient strategy of containment articulated by the US diplomat George Kennan in 1946 at the start of the cold war.

114
Q

zalecać

A

to urge

Insurers’ liability to covid-19 is, for instance, still unclear. Politicians in America are urging insurance firms to indemnify holders of policies protecting against business interruptions.

115
Q

wziąć coś pod uwagę, uwzględniać coś

A

to allow for something

More and more experts are feeling uneasy with this stewardship. It is not allowing for an open debate. It is rather trying to push down and make people quiet.

116
Q

gniew; frustracja; niechęć

A

resentment

Also etched in his memory — with resentment—is a speech that Mr Biden, then vice-president, delivered at Ukraine’s parliament in December 2015, when he demanded that Mr Poroshenko fight corruption by overhauling the prosecutors office.

117
Q

zmiana zdania, zmiana nastawienia

A

change of heart

But a month on, has Russia had a change of heart?

118
Q

resurgent

A

powstający na nowo, odradzający się

In spite of the increasingly bellicose noises coming out of Washington, the US has failed to develop any coherent strategy to deal with a resurgent China.

119
Q

zrazić kogoś (do siebie)

A

to alienate

Factory owners are usually very reluctant to take legal action because they don’t want to alienate buyers.

120
Q

to reel

A

chwiać się

Airbnb reels, listing is in limbo

121
Q

bellicose

A

buńczuczny, wojowniczy, bojowo nastawiony

In spite of the increasingly bellicose noises coming out of Washington, the US has failed to develop any coherent strategy to deal with a resurgent China.

122
Q

zdenerwowany

A

agitated

One person close to Airbnb said management and the board are working in sync but that outside investors are agitated about the company’s troubles and its response to them.

123
Q

cut-rate

A

tani

Samsung at the time was making cut-rate TVs and microwaves, but it was also getting started in making memory chips, and Jobs suspected they could build anything he wanted.

124
Q

cakewalk

A

bułka z masłem, banał, łatwizna,

The test was flawless and the run-up to the July 24 opening ceremony looked like a cakewalk.

125
Q

spiętrzać się

A

to heap

That will heap pressure on its balance sheet, particularly given almost half its $1.2bn annual revenue was generated in the New York area.

126
Q

unsung

A

pomijany, niezauważony, niedoceniony

Middle managers: the unsung heroes of this crisis.

127
Q

cash holdings

A

zasoby gotówkowe, zasoby pieniężne

This is despite the fact that the ratio of their debt, minus their cash holdings, to their earnings before interest, tax, depreciation and amortisation (EBITDA) has almost doubled since 2012.

128
Q

niezgodność, rozbieżność

A

discrepancy

A Senate committee that has been investigating the Bidens and Burisma last week abruptly postponed a vote to subpoena Mr Telizhenko as a witness after its Republican chairman, Ron Johnson, acknowledged some discrepancies in his claims.

129
Q

crook

A

oszust

Mr Giuliani replied that the crooked US media was determined to bury the matter but added: I think we’re getting through, and I would say you’re one of the primary reasons, Andrii Telizhenko.

130
Q

pogrążony

A

mired

Mr Giuliani’s efforts are playing out in a country caught between east and west, one that is mired in corruption and intrigue, and whose competing political factions have made a practice of boosting their domestic fortunes by forging close ties in Washington.

131
Q

przesadny

A

effusive

Mahbubani is as effusive in his praise of China’s leaders as he is damning of their US counterparts.

132
Q

flag-carrier

A

narodowe linie lotnicze

Some flag-carriers have already been bailed out: Alitalia has been nationalised (again), Dubai has rescued Emirates and Singapore Airlines raised equity with the backing of Temasek, the city-state’s sovereign-wealth fund.

133
Q

wysoko, w górze

A

aloft

A $50bn mix of loans and grants has been earmarked to keep them aloft. They will be eligible for support worth six months of payroll, far more than other businesses.

134
Q

mired

A

pogrążony

Mr Giuliani’s efforts are playing out in a country caught between east and west, one that is mired in corruption and intrigue, and whose competing political factions have made a practice of boosting their domestic fortunes by forging close ties in Washington.

135
Q

później

A

on

But a month on, has Russia had a change of heart?

136
Q

to heap

A

spiętrzać się

That will heap pressure on its balance sheet, particularly given almost half its $1.2bn annual revenue was generated in the New York area.

137
Q

wynagradzać straty, wypłacać odszkodowanie

A

to indemnify

Insurers’ liability to covid-19 is, for instance, still unclear. Politicians in America are urging insurance firms to indemnify holders of policies protecting against business interruptions.

138
Q

wyryć w czymś (np. zapaść w pamięci)

A

to etch in something

Also etched in his memory — with resentment—is a speech that Mr Biden, then vice-president, delivered at Ukraine’s parliament in December 2015, when he demanded that Mr Poroshenko fight corruption by overhauling the prosecutors office.

139
Q

to prod

A

zmobilizować

According to businessmen, diplomats and politicians in Ukraine and Washington, Mr Giuliani has since relaunched his effort to prod the Ukrainian government into investigating Mr Biden and his son, Hunter, and is working with a new set of local accomplices in Kyiv.

140
Q

to fashion

A

kształtować

CEO Todd Piett says he has pushed the company to refashion its structure so many decisions do not flow through him.

141
Q

rażący

A

glaring

That is in glaring contrast with the patient strategy of containment articulated by the US diplomat George Kennan in 1946 at the start of the cold war.

142
Q

jak zwykle; jak można się spodziewać

A

true to form

True to form, Has China Won? Is certain to antagonise and even outrage American readers.

143
Q

stanowić dodatkowe wyzwanie

A

to add to the challenge

Adding to the challenge, they have done much of this from their homes, as a health precaution, instead of from a Fed war room.

144
Q

środek zapobiegawczy, zabezpieczenie

A

precaution

Adding to the challenge, they have done much of this from their homes, as a health precaution, instead of from a Fed war room.

145
Q

ukraść

A

to pilfer

At museum in lockdown, a Van Gogh is pilfered.

146
Q

uncharted

A

niezbadany

The Fed takes uncharted course to stem virus damage.

147
Q

przyjmować, kupować

A

to take on

He advised factories not to take on raw materials from suppliers in order to not exacerbate what will be a difficult time for all.

148
Q

accomplice

A

wspólnik

According to businessmen, diplomats and politicians in Ukraine and Washington, Mr Giuliani has since relaunched his effort to prod the Ukrainian government into investigating Mr Biden and his son, Hunter, and is working with a new set of local accomplices in Kyiv.

149
Q

true to form

A

jak zwykle; jak można się spodziewać

True to form, Has China Won? Is certain to antagonise and even outrage American readers.

150
Q

to trickle

A

kapać

Peter Creed, co-owner, said that combined with state salary support and other tax reliefs, the trickle of income from the shop and takeaway should allow the pub to pay its overheads and survive, though it was a big test.

151
Q

chwiać się

A

to reel

Airbnb reels, listing is in limbo

152
Q

prudent

A

przezorny

Managers are encouraged to set enough aside for a rainy day. The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash.

153
Q

to launch into something

A

rozpocząć coś

He had known Mr Fruman for years from Ukrainian and Russian circles in Miami, where their wives are friends. But he had not previously encountered Mr Parnas, who soon launched into a boastful presentation about his connections in the Trump administration. I can open any door at the White House, Mr Artemenko recalls him saying.

154
Q

korzystać (z prawa do czegoś)

A

to exercise

Exercise your right to remain silent.

155
Q

operative

A

pracownik, tajny agent

Mr Telizhenko claims in 2016, when he served as a staffer at the Ukrainian embassy in Washington, that a Democratic party political operative asked him for help in digging up dirt on Mr Trump’s campaign, specifically his campaign chief at the time, Paul Manafort.

156
Q

to disparage

A

ubliżać

With credit markets beginning to rally last week, Mr. Powell fielded a phone call from President Trump, who earlier in the month had disparaged the Fed as pathetic, the latest in a yearlong string of insults over his desire for lower rates, even when the economy was on a stronger footing.

157
Q

punkt sprzedaży

A

outlet

Their business models depend on being able to get orders from factory floors to retail outlets in weeks.

158
Q

uznanie, wyrazy uznania, pochwała

A

kudos

Kudos to Apple Inc. for finally sending the right message about the seriousness of the coronavirus pandemic.

159
Q

zużyć coś (szybko i doszczętnie), tracić coś (np. pieniądze, środki)

A

to burn through

The danger is that new programs, even those launched very quickly, won’t be ready in time to help revenue-starved businesses already burning through cash.

160
Q

to set off something

A

spowodować coś, wywołać coś

American household debt set off the global financial crisis in 2007.

161
Q

to be under way

A

rozpocząć się; być w toku; być w trakcie

At Douyin,which made 80 per cent of its estimated Rmb75bn ($11bn) revenues last year from advertising, there is a push underway to wring more money out of its 400m daily users, according to Founder Securities,are search firm.

162
Q

tak sobie

A

so-so

The football was so-so, but the setting was stunning.

163
Q

ogólnie rzecz biorąc, w sumie, w zasadzie

A

by and large

These are fairly fixed-cost businesses, said John Puchalla of Moody’s. They can cut back on hours for employees but by and large there’s a lot of fixed cost in operating these clubs.

164
Q

strategiczny najemca

A

anchor tenant

anchor tenant is a major department or chain store located at a shopping mall so as to give maximum exposure to smaller, satellite stores. An anchor tenant is often referred to as a magnet store, anchor store, draw tenant, key tenant, prime tenant, or a traffic generator.

Restaurant delivery businesses depend on anchor tenants to drive order volume. A large drop in orders leaves couriers without enough work at a time when many are already nervous about the risk of infection.

165
Q

to be in limbo

A

być w zawieszeniu

Airbnb reels, listing is in limbo

166
Q

ill

A

źle

They are now pausing or canceling factory orders, boding ill for Asian manufacturers of other, slower-moving consumer goods like smartphones and cars.

167
Q

być tylko

A

to be but

But Mr Giuliani, a former federal prosecutor in Manhattan before becoming New York mayor, is now seeking to prove a much broader case: that Burisma was but one asset in a post-Soviet Ukraine that a group of Democrats — including Bill and Hillary Clinton and George Soros — has been milking for years to enrich themselves and fund their political operations.

168
Q

kapać

A

to trickle

Peter Creed, co-owner, said that combined with state salary support and other tax reliefs, the trickle of income from the shop and takeaway should allow the pub to pay its overheads and survive, though it was a big test.

169
Q

to pick up on something

A

wykorzystywać coś

Mahbubani picks up on that cold war analogy. But this time, he argues, the roles are reversed: the US is the inflexible, ideological, systemically challenged superpower, while China is the adaptable, pragmatic and strategically smart rival.

170
Q

sprawować (np. władzę, kontrolę)

A

to exercise

The boss exercised control over his workers.

171
Q

to hit it off with somebody

A

złapać z kimś dobry kontakt

He and Lee hit it off, and Samsung would eventually become the major supplier of computer chips, displays and other components used in Apple’s iPads and smartphones.

172
Q

spłacać (dług), odkupić (obligacje)

A

to retire

Through a combination of buy-backs and takeovers non-financial corporations have retired a net $2.9trn of equity since 2012—roughly the same amount as they have raised in new debt.

173
Q

powstrzymanie, ograniczenie

A

containment

That is in glaring contrast with the patient strategy of containment articulated by the US diplomat George Kennan in 1946 at the start of the cold war.

174
Q

full-bore

A

z pełną siłą, z pełną prędkością

If the virus overwhelms the Fed’s power to preserve businesses’ access to money, the result could be defaults and bankruptcies that turn a severe, synchronized global recession into a full-bore depression.

175
Q

odruchowy, automatyczny

A

knee-jerk

Knee-jerkrate cuts only make matters worse in this crisis.

176
Q

sondować

A

to canvass

Rob Bailey, founder of a data automation company, froze his Manhattan gym membership last week after canvassing friends.

177
Q

market; supermarket

A

big-box retailer

But many of Apple’s products flow through stores it doesn’t own, such as those operated by wireless carriers and big-box retailers—Best Buy, for example.

178
Q

obciążenie

A

liability

Insurers’ liability to covid-19 is, for instance, still unclear. Politicians in America are urging insurance firms to indemnify holders of policies protecting against business interruptions.

179
Q

aloft

A

wysoko, w górze

A $50bn mix of loans and grants has been earmarked to keep them aloft. They will be eligible for support worth six months of payroll, far more than other businesses.

180
Q

na czyjąś niekorzyść

A

to ones detriment

Some rivals in Kyiv are convinced Mr Pinchuk used his influence inWashington to their detriment, prompting Democratic administrations to scrutinise their business interests and limit their ability to operate in the US.

181
Q

spowodować coś, wywołać coś

A

to set off something

American household debt set off the global financial crisis in 2007.

182
Q

to discount

A

zlekceważyć, zignorować

But there are some in Washington and Kyiv—even those suspicious of Mr Telizhenko’s motives — who do not discount the idea that an investigation of Mr Biden might be a worthwhile exercise.

183
Q

zalecać

A

to urge

Insurers’ liability to covid-19 is, for instance, still unclear. Politicians in America are urging insurance firms to indemnify holders of policies protecting against business interruptions.

184
Q

precaution

A

środek zapobiegawczy, zabezpieczenie

Adding to the challenge, they have done much of this from their homes, as a health precaution, instead of from a Fed war room.

185
Q

chwiać się; balansować (na krawędzi, granicy)

A

to teeter

At the time, Ukraine was fighting Russian-backed separatists in the east, its economy was teetering and it was desperate for the US’s help.

186
Q

sumując; zliczając wszystko razem

A

all told

All told such debts are now roughly the same size as subprime mortgage debt was in 2007, both in absolute terms and as a share of the broader market in which it sits.

187
Q

to retire

A

spłacać (dług), odkupić (obligacje)

Through a combination of buy-backs and takeovers non-financial corporations have retired a net $2.9trn of equity since 2012—roughly the same amount as they have raised in new debt.

188
Q

all told

A

sumując; zliczając wszystko razem

All told such debts are now roughly the same size as subprime mortgage debt was in 2007, both in absolute terms and as a share of the broader market in which it sits.

189
Q

dopasowany

A

tailored

In America, where two-thirds of global airline profits are made, vigorous lobbying helped carriers secure their own tailored package.

190
Q

rozpocząć coś

A

to launch into something

He had known Mr Fruman for years from Ukrainian and Russian circles in Miami, where their wives are friends. But he had not previously encountered Mr Parnas, who soon launched into a boastful presentation about his connections in the Trump administration. I can open any door at the White House, Mr Artemenko recalls him saying.

191
Q

resentment

A

gniew; frustracja; niechęć

Also etched in his memory — with resentment—is a speech that Mr Biden, then vice-president, delivered at Ukraine’s parliament in December 2015, when he demanded that Mr Poroshenko fight corruption by overhauling the prosecutors office.

192
Q

wejść (na jakieś terytorium); atakować coś

A

to push into

The move to majority control for the two banks comes after decades of pushing into the China market.

193
Q

to exercise

A

korzystać (z prawa do czegoś)

Exercise your right to remain silent.

194
Q

oberwanie chmury (nagły, ulewny deszcz)

A

cloudburst

Managers are encouraged to set enough aside for a rainy day. The covid-19 cloudburst means even the most prudent companies are rapidly exhausting their cash.

195
Q

factory floor

A

hala fabryczna; robotnicy

Their business models depend on being able to get orders from factory floors to retail outlets in weeks.

196
Q

przesadzać z czymś, używać za dużo (np. perfum, zdrobnień)

A

to overdo

In February Jerome Powell, the chair of the Fed, told Congress some corporate debt represented a macroeconomic risk… particularly in the event of the economic downturn. Might American firms have overdone it?

197
Q

to canvass

A

sondować

Rob Bailey, founder of a data automation company, froze his Manhattan gym membership last week after canvassing friends.

198
Q

so-so

A

tak sobie

The football was so-so, but the setting was stunning.

199
Q

tailored

A

dopasowany

In America, where two-thirds of global airline profits are made, vigorous lobbying helped carriers secure their own tailored package.

200
Q

złapać z kimś dobry kontakt

A

to hit it off with somebody

He and Lee hit it off, and Samsung would eventually become the major supplier of computer chips, displays and other components used in Apple’s iPads and smartphones.