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Samantha
From Tokyo, Japan and Abu Dhabi, uae, this is down to Business English Business News to improve your business English with your hosts, Skip Montreux and Des Morgan.
Skip Montreux
Hello to all of our listeners and a big hello to you, Des.
Des Morgan
Hello, Des? Hello?
Skip Montreux
Are you there, Des?
Des Morgan
Sorry, I can't hear you, Skip. Now that I am independent, it's really difficult to talk to people in other countries.
Skip Montreux
Ah, the referendum. Britain independent from Europe. Is that what you're talking about?
Des Morgan
Uh, sorry, did you say Brendum or Brindependence?
Skip Montreux
Oh, you're not gonna do this for the whole show, are you?
Des Morgan
Do what?
Skip Montreux
You know, put BR before every word you can.
Des Morgan
I was going to, but I have to admit that even I'm fed up with it as well.
Skip Montreux
Who would have thought that the British people would actually have voted to leave the eu?
Des Morgan
It seems as though they themselves can't believe it either. And no one seems to really know what they want or what to do next.
Skip Montreux
So is that our story today? Brexit Part two, The EU strikes back.
Des Morgan
Oh, no way. I can't bear to go through all this again. Anything but Brexit Part two. At least let's wait until things settle down a bit. Maybe we can revisit it after the summer.
Skip Montreux
Okay, well, speaking of summer, it is an Olympic year, and that will be front and center in the news pretty soon.
Des Morgan
Bring it on. I say it can't happen soon enough. Although Brazil starts with BR as well. Brolympics.
Skip Montreux
Oh, dear. I thought you said you were going to stop doing that. Anyway, Brazil most certainly has been experiencing a lot of problems of its own. And that is our story for today.
Des Morgan
Okay, Skip, let's do it. Let's get D2B down to business with Brazil and where all of this trouble came from.
Skip Montreux
So I guess that we should start with President Rousseff being removed from office just a few months ago now. Yeah.
Des Morgan
What was that all about?
Skip Montreux
I hate to sound so cynical, but it's all about the usual suspects. Corruption charges, fabrication of financial figures to make the economy seem better than it actually was, bribery, just to name a few.
Des Morgan
Correct me if I'm wrong, but the corruption and bribery charges are against other members of her party. She wasn't facing any.
Skip Montreux
That is true, but fabricating economic numbers so she could get re elected? That bit is squarely against her personally.
Des Morgan
So who has free tickets for the Olympics?
Skip Montreux
You mean who took over as leader? That was Michel Temer, the vice president, who leans much further right in his politics.
Des Morgan
So another Latin American country lurches to the right, then.
Skip Montreux
That is correct. Since chavez died in 2013, a succession of countries have slowly slipped, right? Especially those that have been hit hard by falling oil prices.
Des Morgan
Argentina and Venezuela spring to mind indeed,
Skip Montreux
with a victory by Marcio Macri in Argentina last November being the first to move to the right, followed by losses in the national assembly for the Chavistas, as Chavez's followers have come to be known.
Des Morgan
Venezuela is virtually bankrupt, it would seem, and even Morales in Bolivia doesn't seem to have the strong support he once did.
Skip Montreux
You are right again there, Des. But to get back to Brazil and Michel Temer, they have big plans to try and get Brazil out of the harsh recession she is in.
Des Morgan
I see. And what are these plans?
Skip Montreux
Well, the biggest one is to freeze public spending.
Des Morgan
That's never an easy thing to do because no one wants to see areas like education and and health getting worse.
Skip Montreux
And no one more so than the Brazilians who lived from 2003 to 2010 under President Lula, who gave more money to the poor than any administration before or since.
Des Morgan
True, but that was when oil prices were much more expensive, so it was easier to finance such plans.
Skip Montreux
I guess we could call this whole Show Oil Part 2, couldn't we?
Des Morgan
We could. Or we could call it the Fall of Socialism across Latin America.
Skip Montreux
Even Cuba has now started to patch up its differences with the US and is now open for business somewhat. Did you know Carnival Line's cruise ship recently docked in Havana and so did
Des Morgan
Vin Diesel and the crew for the Fast and the Furious 8 from Abu Dhabi for part seven to Cuba for part eight. Yep, Cuba is most certainly back in the capitalist club.
Skip Montreux
It's starting to look like they're moving in that direction. Anyway, I guess that is about all we have time for today. Which leaves me to say let's get D2V down to vocabulary,
Samantha
Down to business. English audio scripts are a great learning tool. Be sure to visit the D2B website and download your free audio script of today's podcast downtobusinessenglish.com that's www.downtobusinessenglish.com.
Des Morgan
I will start off today with the multi part verb to bring it on, which is generally used fairly casually to mean when a coming change is difficult but welcome. In the story I say that I am ready for Britain to leave the eu. So I invite the EU to bring it on.
Skip Montreux
An example I can remember was when a school I worked at was being inspected by the government. We had all of our paperwork up to date and innovative classes and programs to show off so the head of our school said, come on, bring it on.
Des Morgan
Next word. Skip. Come on, bring it on.
Skip Montreux
Our next word is the adjective to be cynical, which means to always see the worst possible outcome.
Des Morgan
You mean to be realistic and recognize that all opportunity is false and we have no future?
Skip Montreux
Yes, Des, that would be a very cynical way to look at the world. In the story, I said that I didn't want to sound cynical, but the reasons that Rousseff's government fell were all pretty much what one would expect.
Des Morgan
And one of those reasons was fabrication of economic figures. And fabrication is our next word. It means to invent or create something which is not true.
Skip Montreux
Of course. That is the negative meaning. Fabrication in its purest form just means to make something. Interestingly, it is generally used to make something special rather than something that is mass produced.
Des Morgan
So you could say Formula one cars are fabricated, but a Ford Fiesta is not.
Skip Montreux
Exactly. Our next word is the adjective harsh, which means difficult or unforgiving. In the story, I describe Brazil's recession as particularly harsh.
Des Morgan
I read that it was the hardest on the people since the world recession in the 1930s. So yes, it is most certainly harsh. Another business example is when cuts in staff or spending are described as harsh. They are particularly hard or difficult.
Skip Montreux
There have been a few of those in Japan over the last few years.
Des Morgan
Yes, I'm sure there has. Our final word, which is connected to the topic is freeze, which in a business context does not mean to be cold. It means when something often spending has been fixed at the same amount and cannot be increased. In the story, Skip discusses the freeze that Brazil has put on public spending.
Skip Montreux
A hiring freeze is a common usage when a company does not plan to fire anyone, but also cannot hire any new staff.
Des Morgan
I think I need to put a freeze on the amount I spend on bicycle parts.
Skip Montreux
Well, I need to put a freeze on the frequency I take taxis home from Roppongi on weekends.
Samantha
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Des Morgan
Thanks for all that information on Brazil, Skip.
Skip Montreux
My pleasure, Des. But I apologize to all our listeners that our report today was a little bit on the short side.
Des Morgan
But. But I'm catching a plane in a few hours.
Skip Montreux
Right. And where are you off to, Des?
Des Morgan
Off to Scotland, still reluctantly. Joined to the rest of the British Isles.
Skip Montreux
That's right. And since we won't be able to record together for a little while, I really wanted us to get this one last show out before the summer.
Des Morgan
No worries. I'll be back before you know it. I'm sure I'll have lots to talk about when I get back.
Skip Montreux
Great. Have a safe flight, Des.
Des Morgan
I will.
Skip Montreux
Take care everyone. See you next time. Bye Bye.
Samantha
Have a comment or question about today's show? Don't be shy. Visit the D2B website or the Facebook page and post any comments or questions there. Skip Des or Samantha will be sure to leave a reply. Want to get even more down to Business English? Sign up for the D2B Newsletter and receive updates from on some of the stories covered on down to business English. That's www.downtobusinessenglish.com down to business English Business News to improve your business English Sam.
Hosts: Skip Montreux & Des Morgan
Date: July 24, 2016
In this episode, Skip and Des turn their attention from Brexit to another timely global development—the political and economic crises afflicting Brazil, especially in the context of the impending 2016 Summer Olympics. The hosts unpack the roots of Brazil’s recent turmoil, its implications for the country’s future, and the wider trend of political shifts in Latin America, all while introducing key English business vocabulary.
President Rousseff’s Impeachment:
Political Leanings and New Leadership:
Cynicism in Politics:
Humor on Personal Finances:
The hosts pause to focus on key vocabulary related to the episode’s business theme:
The conversation is lively, occasionally irreverent, and designed to both inform about business news and support listening/practical English skills for professionals. The humor and clear explanations of business terms keep even complicated subjects accessible.
This episode is ideal for ESL/EFL learners looking to expand their business English vocabulary, deepen their understanding of global business news, and develop listening skills—all within the urgent context of Brazil’s contemporary political and economic upheaval.