news bulletin – answers

Asia dives on bailout failure

true/false

1. Japan’s Prime Minister regretted the failure of the US rescue plan. F: Economic Minister
2. The failure will not effect the global economy. F: it will
3. Japan will consider additional economic measures. T
4. Japan alone will try and prevent a global financial system collapse. F: with other countries
5. The global financial system is at a standstill. T: paralysed
6. Millions of dollars are being put into the system. F: hundreds of billions
7. The US dollar is continuing to go down against the yen. T
8. Gold is stable. F: it is rising
9. People are buying gold. T: they are looking for a ‘safe haven’ – somewhere safe
10. The reporter is in Hong Kong. F: he is in Tokyo