Conflicting financial predictions for Europe
A new survey of the accuracy of forecasts by European financial analysts finds huge differences in the quality of their predictions. Billions of dollars can be added or ________ the share value of major companies on the basis of _________ assessments of their ______ financial performance. But the predictions are often wrong. A new survey by the consultancy firm AQ, based in London, finds huge __________ in the quality of financial research in different parts of Europe. Most accurate are predictions by financial _______ based in the Netherlands. Least accurate are forecasts coming out of Italy, and more surprisingly perhaps Germany. Britain, France and Spain come somewhere in the middle. In no country are the forecasts very accurate. The survey says that in industry sectors such as telecommunications the quality may be getting worse. There's also potential for a conflict of interest. The survey _________ that the big banks and investment houses that employ most analysts offer a range of other financial services to business. So analysts often ________ commenting on their employers' customers. For every analysts' recommendation that investors should sell a share, there are more than ten suggesting they buy or keep a stock. AQ, the group that did the latest survey, says there's a ________________ for traditional, small, independent stockbrokers, offering truly _____________ investment research. They used to rule Europe's stock markets. Now, they are a _________________.
“A Beautiful Mind” Release date: 2001 Director: Ron Howard Genre: Documentary
Summary. Biopic of the famed mathematician John Nash and his lifelong struggles with his mental health. Nash enrolled as a graduate student at Princeton in 1948 and almost immediately stood out as an odd duck. He devoted himself to finding something unique, a mathematical theorem that would be completely original. He kept to himself for the most part and while he went out for drinks with other students, he spends a lot of time with his roommate, Charles, who eventually becomes his best friend. John is soon a professor at MIT where he meets and eventually married a graduate student, Alicia. Over time however John begins to lose his grip on reality, eventually being institutionalized diagnosed with schizophrenia. As the depths of his imaginary world are revealed, Nash withdraws from society and it's not until the 1970s that he makes his first foray back into the world of academics, gradually returning to research and teaching. In 1994, John Nash was awarded the Nobel prize in Economics.
Task 1. Give the detailed summary of the film. Task 2. Match the names of new fields of science with their definitions:
Task 3. Use the following expressions in your own sentences. Translate them: push back the frontiers, push smb’s findings, harnessing technology, cutting-edge design, run smoothly, install equipment, wear and tear, system, crash, power cut, production may be halted, power is restored, shut down. Task 4. Make a report and presentation about outstanding scientists who were Nobel Prize winners. Don’t forget to tell about their inventions, their lives, etc. “THE INTERPRETER” Release date: 2005 Director: Sydney Pollack Genre: Drama | Mystery | Thriller
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