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Divide the text into logical parts.
Express the main idea of each part.
Sum up the text in English.
Compare the organization of TV industry in the USA and in Russia. Prepare a report.
Part 2. Vocabulary Practice
Bull Markets and Bear Markets
When market prices are rising, or making gains or gaining ground, journalists, traders and investors talk about a bull market, and if they think prices will continue to rise, people are bulls or bullish.
When prices are falling, or losing ground, traders talk about a bear market, and if they think prices will continue to fall, they are bearish.
If prices rise after a period when they have been falling, they rally, recover, or regain ground or regain (lost) ground in a recovery.
Oil shares were making strong gains in fears of a Gulf War.
Jim O'Neill, international strategist with the Swiss Bank Corp,
It looks like we're going to have a significantly down day. It certainly is a battle between the bulls and the bears right here, and I think we've got an indication that the bears have got the. upper hand.
Shares lostground again yesterday, with the 100 constituent FT-SE share index closing 23 points down at 2,036.2.
After an initial fall of 30р, however, the shares rallied to show a drop of only I3p to £10.
The news hit the Allied share price, although the shares recovered to end only 3р lower at 602р.
Ex.1. Match the two parts of these extracts.
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