W8_study wrap-up.
Meeting with financial institutions
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Public contact point: publilc facing
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computerization: digitization
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Assuming normal operation: based on well-operating system
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Judging by risk factors: should be seen as risk factors
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I will hold you accountable strictly: hold (someone) strictly accountable
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Original role: fundamental role
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Fund supply: channeling funds
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abusing power/authority
Oil prices
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Korea announced it would cap prices at the pump
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the higher gasoline prices are eating into my daily income
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China has decided to tap its reserves (release/release oil reserves)
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reserves may not be easily retrieved and it is challenging to get fuel into refiners before existing inventory runs out
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President Lee called for a price cap on gasoline and diesel and ordered officials to crack down on hoarding, collusion and price manipulation by refiners and gas stations.
Inauguration speech by the President of the Korea Development Institute
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Public-private studies: public, private and academia
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I feel a deep sense of responsibility for taking on the leadership.
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The problem of making a living is becoming more and more difficult: it’s difficult to make ends meet
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reverse: reverse
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Key issues: current/major affairs
ETC
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but morning temperatures will remain low, creating a wide gap between daytime and nighttime readings
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chokepoint: bottleneck / bottleneck strait (narrow path through which people, troops, supplies, energy, etc. must pass)
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energy chokepoint: energy transportation bottleneck / strategic chokepoint: strategic choke point
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they believe in our charitable mission
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intangibility: intangible assets
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large countries don’t have their own spheres of interests - where ‘might makes right’: This is not a world where powerful countries share power and power becomes justice.
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fully closed: completely blocked / temporarily suspended: temporarily suspended / come to a halt
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leaving a very little room for rate cuts
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make the fed to be more cautious / prudent
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If HBM functions as the “blood vessels” that carry data at ultrahigh speed to the GPU, which serves as the brain of AI, then Socamm serves as the “muscles” of AI servers by efficiently processing large volumes of data while using less power.
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Economic globalization - driven by international specialization (e.g. Korea produces and exports only semiconductors), collaboration, complementary strength and the pursuit of win-win - is a prevailing trend of history (formula for victory in history)
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a rules-based multilateral trading system: rules-based multilateral trading system/multilateral trade order
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population density: population density
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The country is small: limited land area