1. South Korea's industrial production grew for the second straight month in June, in the latest sign / that Asia's fourth-largest economy has maintained mild recovery momentum / amid heightened external uncertainty.
6월 국내 산업생산이 두 달 연속 증가했습니다. 이는 한국 경제가 대외 불확실성이 높아진 가운데서도 완만한 회복 모멘텀을 유지하고 있다는 분석입니다.
2. Officials in New York City have declared / a public health emergency / due to the spread of the monkeypox virus, calling the city "the epicenter" of the outbreak.
뉴욕시 당국은 원숭이두창 바이러스가 확산하자 뉴욕시를 바이러스 확산의 “중심지”라 칭하며 공중보건 비상사태를 선포했습니다.
- epicenter = 진원지, 중심지, 핵심
3. Russian gas producer Gazprom says it has stopped sending gas to Latvia / after accusing the Baltic country of violating supply conditions.
러시아 가스 생산업체 가즈프롬은 공급 조건을 지키지 않았다는 이유로 라트비아에 가스 공급을 중단했다고 밝혔습니다.
- accusing the Baltic country of ~ing = 발트해 연안의 나라(=라트비아)가 ~했다고 비난하면서
violate: 위반하다
4. In the US, monsoonal rains have claimed the lives of at least 28 people in eastern Kentucky, and caused water to cascade from casino ceilings and flooded streets in Las Vegas.
미국 내 폭우로 인해 동부 켄터키에서는 최소 28명이 사망했고, 라스베이거스에서는 거리가 침수되거나 카지노 천장에서 폭포처럼 물이 쏟아졌습니다.
- monsoonal = 몬순의, 장마철의
- monsoonal rain: 장맛비처럼 내리는 폭우, 호우
- cascade = 작은 폭포, 폭포처럼 흐르다
5. Twitter and the CEO of Tesla, Elon Musk, will go to trial starting on October 17 / to resolve Musk's attempt to cancel his acquisition of the company / unless they reach a settlement first.
트위터와, 테슬라 최고경영자 일론 머스크 양측은, 머스크의 트위터 인수 취소에 대한 합의에 도달하지 못할 경우, 오는 10월 17일부터 취소 시도 공방을 해결하기 위한 재판에 들어가게 됩니다.
※settle out of court: 법정 밖에서 화해[합의]하는 것. (합의금이 오갔음을 의미하는 경우가 많음)
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Biden Savors Much-Needed Victories. But Will the Highs Overshadow the Lows?
Michael D. Shear c.2022 The New York Times Company
President Joe Biden and his top advisers / have tried for months to press forward ((역경 등을 헤치고) 앞으로 나아가다, 길을 서두르다) / amid a seemingly endless drumbeat of dispiriting news (끝도 없이 이어지는 것 같은 부정적인 뉴스들): rising inflation, high gas prices, a crumbling agenda, a dangerously slowing economy (둔화되는 경제) and a plummeting approval rating (지지율), even among Democrats.
- seemingly endless: 끝이 없어 보이는
- dispiriting: 의기소침하게 만드는, 낙담하게 하는
But Biden has finally caught a series of breaks (기회, 운, 돌파구를 찾았다). Gas prices, which peaked above $5 a gallon, have fallen every day for more than six weeks and are now closer to $4. After a yearlong debate, Democrats and Republicans in Congress passed legislation this past week to invest $280 billion in areas like semiconductor manufacturing and scientific research to bolster competition with China ( 중국과의 경쟁에서 앞서기 위해).
And in a surprise turnabout (선회, 방향전환, 태도를 바꿔서), Sen. Joe Manchin, D-W.Va., who had single-handedly (혼자서, 단독으로) held up((진행을) 지연시키다, 방해하다) Biden’s boldest proposals, agreed to a deal that puts the president in a position to make good on promises (약속을 지키다) to lower drug prices, confront climate change and make corporations pay higher taxes.
- make good: 지키다, 이행하다(to do something that you have promised or threatened to do)
Even for a president who has become used to the highs and lows of governing, it was a moment to feel whipsawed. Since taking office 18 months ago, Biden has celebrated successes like passage of the $1.9 trillion stimulus bill and slogged (묵묵히(힘겹게) 해나가다) through crises like the chaotic withdrawal from Afghanistan. Gas prices soared; now they are coming down. Unemployment is at record lows even as there are signs of a looming recession.
- whipsawed = 동시에 서로 상반되는 어려움에 처한 (informal: subject to two difficult situations or opposing pressures at the same time)
The president’s brand of politics is rooted in a slower era, before Twitter, and sometimes it can pay off (성공하다, 성과를 올리다) to have the patience to wait for a deal to finally emerge. But now, with congressional elections coming up in a few months, the challenge for Biden is to make sure his latest successes resonate with Americans who remain deeply skeptical about the future.
If Congress manages to pass the compromise reached with Manchin, West Wing aides (정부 관계자) argue, it will move the country to the forefront on addressing the world’s changing climate and lower drug prices even as it raises money from corporations to lower the federal budget deficit (부족액, 적자).
- West Wing aides : (대통령 집무실이 있는 미국 백악관의 서쪽 동)
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Retail’s ‘Dark Side’: As Inventory Piles Up, Liquidation Warehouses Are Busy
Michael Corkery c.2022 The New York Times Company
With consumers cutting down on discretionary purchases because of high inflation, retailers are now stuck with more inventory than they need. While overall spending rebounded last month, some major retailers say shoppers are buying less clothing, gardening equipment and electronics and focusing instead on basics like food and gas.
- discretionary purchases = 자유소비재를 구매하는 행위 (식품이나 전기, 가스 등 생활에 필수적으로 필요한 소비재와는 달리, 상대적으로 여유가 있을 때 구매하게 되는 레저나 오락 관련 등의 물품을 사는 것. 이 소비는 경기에 민감한 경향을 보임.)
- discretionary: 임의의, 자유재량의
- watch at your discretion (viewer discretion is advised): (영상의 내용이 보기 좋지 않을 수 있으니) 알아서 재량껏 주의해서 보시오
It’s becoming clear that retailers badly misjudged supply and demand. Part of their miscalculation was caused by supply chain delays, which prompted companies to secure products far in advance (너무 일찍(미리)). Then, there is the natural cycle of booms — whether because of optimism or greed, companies rarely pull back before it’s too late(너무 늦기 전에 빠져나오다).
- whether because of optimism or greed, companies rarely pull back before it’s too late: 붐(유행)은 언젠가는 꺼지기 마련인데(‘the natural cycle of booms’), 이 붐이 계속되리라는 낙관론이나 아니면 한 푼이라도 더 벌겠다는 욕심 때문에, 과잉 공급을 중단하는(=손실을 피하는) 타이밍을 놓친다는 뜻
Many companies cannot afford to let discounted items linger on their shelves because they have to make room for (~를 위해 자리를 만들다(양보하다)) new seasonal goods and the necessities that consumers now prefer. While some retailers are discounting the surplus within their stores, many would rather avoid holding big sales themselves for fear of hurting their brands (자신들의 브랜드 이미지를 훼손할까 봐) by conditioning buyers to expect big price cuts as the norm. So retailers look to liquidators (청산업자, 땡처리 업자) to do that dirty work.
Additionally, industry executives say the glut (과잉, 과도한 양) is so large that some retailers could run out of space to house it all.
Strong consumer spending may have saved the economy from ruin during the pandemic, but it has also led to enormous excess and waste.
Some of the returns and excess inventory will be donated to charities or returned to the manufacturers. Others get recycled, buried in landfills (쓰레기매립지) or burned in incinerators (소각로) that generate electricity.
Liquidators say they offer a more environmentally responsible option by finding new buyers and markets for unwanted products, both those that were returned and those that were never bought in the first place (애초부터 팔리지 않은 것들).
“We are reducing the carbon footprint,” said Tony Sciarrotta, executive director of the Reverse Logistics Association, the industry trade group. “But there is still too much going to landfills.”
- carbon footprint = 탄소 발자국 (환경성적표지 환경영향 범주 중 하나로 제품 및 서비스의 원료 채취, 생산, 수송·유통, 사용, 폐기 등 전 과정에서 발생하는 탄소(온실가스)가 기후변화에 미치는 영향을 계량적으로 나타낸 지표)
Retailers will probably receive only a fraction (극소, 아주 작은 양(가치) 분수라는 뜻도 있음) of the items’ original value from the liquidators but it makes more sense to (~하는 게 더 말이 된다 = ~하는 편이 낫다) take the losses and move the goods off the store shelves quickly.
Still, liquidation can be a sensitive topic for the big companies that want customers to focus on their “A-goods,” not the failures. Sciarrotta calls it “the dark side” of retail.
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