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      <title>Group 5  by Jack Rizzotti</title>
      <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp</link>
      <description>Vocab Builder</description>
      <language>en-us</language>
      <pubDate>2021-09-01 10:24:39 UTC</pubDate>
      <lastBuildDate>2025-06-21 17:10:10 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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         <title>Homework</title>
         <author>jackrizzottimoscow</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1709621922</link>
         <description><![CDATA[<div>Your homework is this. First, find an English-language news article about Economics (n.b. IMF is a great resource). Then, create a post here on Padlet, linking the article that you found. After that, I want you to find THREE words/phrases/concepts from the article that you didn't know before you read it. Add them to your post with definitions, example sentences, and if possible etymology. Finally,&nbsp; comment on three different classmates' posts, using one of their new words. </div>]]></description>
         <enclosure url="https://padlet-uploads.storage.googleapis.com/731298988/593479b35444e4e9840669906d6f80d7/Screen_Shot_2021_09_01_at_6_38_00_AM.png" />
         <pubDate>2021-09-01 10:39:40 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1709621922</guid>
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      <item>
         <title>Regional Economic Outlook for Sub-Saharan Africa   by Mikhail Boldin.</title>
         <author></author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1710651999</link>
         <description><![CDATA[<div>This interesting publication, written by IMF, contains lots of extraordinary words, such as:<br><br>1) "has jeopardized" <br>Jeopardize - a verb, which is synonymous to "endanger".&nbsp; For example:<br>The eruption of a volcano jeopardized villages, living not far from it.<br>"Jeopardize" comes <strong>from the Old French&nbsp; "jeu parti", which translates as "game gone" (https://www.vocabulary.com).<br></strong><br>2) "livelihoods"<br>Livelihood - a word, which stands for "means of living". For example:<br>One of Chinese people's livelihoods is an agriculture.<br>"Livelihood" is a modern word for Old English "<em>līflād", or <br>"way of life" (</em>"Oxford languages").<br><br>3) "resiliense"<br>"Resiliense" - in passage's context this word is quite similar to "stability". However, itself the noun can have different meanings, such as a resistance or even an ability to adjust easily to some changes. For example:<br>The resilience of a company created a great demand of investors.<br>"Resilience" comes from Latin "<em>resilient", that means</em> ‘leaping back’<em> (</em>"Oxford languages").<br><br>&nbsp;</div>]]></description>
         <enclosure url="https://www.imf.org/en/Publications/REO/SSA/Issues/2020/10/22/regional-economic-outlook-sub-saharan-africa" />
         <pubDate>2021-09-01 18:45:24 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1710651999</guid>
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         <title>Digital Technology: How It Could Transform the International Monetary System</title>
         <author>dmitrykuznetsov996</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1712357971</link>
         <description><![CDATA[<div>Apart from research, there are a lot of interesting speeches that are published on IMF website. Personally, I find this one above quite catchy and up to date, but there are a lot of new words that I didn't know. Some of them:<br><br>1) "substantial"<br>"Substantial" is a word that is similar to "very important" or "essential".&nbsp;<br>Example: It's substantial to finish this project as soon as possible if we want our company to grow rapidly.&nbsp;<br>The word "substantial" comes from christian latin word "substantia" which means "being" or "essence"(according to "Oxford Languages" and Google's English dictionary).<br><br>2) "intermediaries"&nbsp;<br>Intermediary is a person who links sides in a deal or agreement.&nbsp;<br>Example: We will need an intermediary to continue the negotiation.<br>"Intermediary" was made out of two words in the 18th century: English "intermediate" and French " intermédiaire" (according to "Oxford Languages" and Google's English dictionary).&nbsp;<br>All this words have a common ancestor which is a late latin word "intermedius", that consists of a prefix "inter-" and "medius", meaning "middle". (https://www.thefreedictionary.com/intermedius#:~:text=me·di·ates-,1.,in%20Indo-European%20roots.%5D)<br><br>Bonus:<br>2.1) "disintermediation"<br>"Disintermediation" is a word that is used to describe a rejection in using "intermediaries" (check #2 above)&nbsp;<br><br>3) "circumvented" (past form)<br>"Circumvent" - a verb that is used to describe finding a way around smth (or overcoming an obstacle in a clever way)<br>Example: This technical issue seemed to be unfixable but our IT director found a way to circumvent it.<br>The origin of this word is latin "circumvenire", consisting of "circum"&nbsp; (around) and "venire" (come). This word was then reduced to "circumvent" and included in late Middle English (according to "Oxford Languages" and Google's English dictionary).&nbsp; </div>]]></description>
         <enclosure url="https://www.imf.org/en/News/Articles/2021/06/30/sp063021-digital-technology-how-it-could-transform-the-international-monetary-system" />
         <pubDate>2021-09-02 09:16:47 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1712357971</guid>
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         <title>Regional Economic Outlook for Europe</title>
         <author>Alexvavilov</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1712418417</link>
         <description><![CDATA[<div>Published by the IMF in April 2021, the following article gives a brief description about the economic outlook for Europe, using specific vocabulary which I was not familiar with. Here are these collocations:<br><br><br>1) A halting recovery, meaning that this recovery has interruptions caused by the lack of confidence.<br><br><br>E.g. His constant confidence notwithstanding, his speech was rather halting than assured this time.<br><br><br>Origin according to Longman Dictionary of Contemporary English:<br><br>halting&nbsp;(1300-1400)&nbsp;halt&nbsp;“to walk with difficulty”, from&nbsp;Old English&nbsp;healtian.<br><br><br>2) To foster a recovery, meaning the same as to promote this recovery, to develop it over a period of time.<br><br><br>E.g. The sunny weather in the morning does not foster confidence in the fact that the evening will be sunny as well.<br><br><br>Origin according to Wiktionary:<br><br>from&nbsp;Old English&nbsp;fōstor&nbsp;(“food, sustenance”), from&nbsp;Proto-Germanic&nbsp;*fōstrą&nbsp;(“nourishment, food”).<br><br><br>3) To ramp up production, meaning the same as to increase this production.<br><br><br>E.g. The company has to attract external capitals in order to ramp up production.<br><br><br>The origin is absent.<br><br><br></div>]]></description>
         <enclosure url="https://www.imf.org/en/Publications/REO/EU/Issues/2021/04/12/regional-economic-outlook-for-europe" />
         <pubDate>2021-09-02 10:09:09 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1712418417</guid>
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         <title>Regional Economic Outlook for Middle-East and South Asia by Gleb Smirnov</title>
         <author></author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1712452384</link>
         <description><![CDATA[<div>This research was published by IMF and provides analysis of Middle-East and South Asia economic situation.<br><br></div><div>Personally, I found many words that I didn’t know yet.<br><br></div><div>1.&nbsp; &nbsp; “gross”(noun) - the entire amount of income before any deductions are made. Synonyms are receipts, revenue<br><br></div><div>&nbsp; &nbsp; &nbsp; &nbsp;“gross(verb) - earn before taxes, expenses, etc. Synonyms: bring in, clear, earn<br><br></div><div>2.&nbsp; &nbsp; “resilience”(noun) - the physical property of a material that can return to its original shape or position after deformation that does not exceed its elastic limit. Synonyms: resiliency</div><div>3.&nbsp; &nbsp; “to mitigate”(verb) - lessen or to try to lessen the seriousness or extent of. Synonyms: extenuate, palliate<br><br></div><div>All definitions were taken from vocabulary.com;<br>(1.https://www.vocabulary.com/dictionary/gross;<br>2.https://www.vocabulary.com/dictionary/resilience;<br>3.https://www.vocabulary.com/dictionary/mitigate)<br><br></div><div><a href="https://www.vocabulary.com/dictionary/palliate"><br><br></a><br></div>]]></description>
         <enclosure url="https://www.imf.org/en/Publications/REO/MECA/Issues/2021/04/11/regional-economic-outlook-middle-east-central-asia" />
         <pubDate>2021-09-02 10:42:05 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1712452384</guid>
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         <title>From the History Books: The Rethinking of the International Monetary System</title>
         <author>ArtemSergeev</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713126365</link>
         <description><![CDATA[<div>So here we go.<br><br>1) surplus - noun<br>In a simple language we can say that if there is a surplus of something, there is more than is needed.<br>"The<em> company is selling off stock that is surplus to</em><strong><em> requeriments".<br><br>2) bedrock principle - idiom<br></em></strong>In construction, bedrock is the solid rock beneath the soil layer that is best to build a foundation on. Skyscrapers are best built on pillars that rest on bedrock. So, by analogy, a bedrock principle is one that forms the basis for others.<br><br>3) adjustment - noun<br>A small change.<br>"The business plan is almost ready,  i just need to make some adjustments".<br><br></div>]]></description>
         <enclosure url="https://blogs.imf.org/2021/08/16/from-the-history-books-the-rethinking-of-the-international-monetary-system/" />
         <pubDate>2021-09-02 15:57:31 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713126365</guid>
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         <title>Polina Iakovleva</title>
         <author>piakovleva</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713355591</link>
         <description><![CDATA[<div>I turned my attention to the article dedicated to the link between caring for the environment and the growth of places in the labor market. At the moment, the economy spends more money on non-ecological areas, which will have a bad impact in the future.</div><div><br></div><div>1)Likelihood-denotes the fact of something probable (probability)</div><div><br></div><div>«Today's events indicate the likelihood of continuing ethnic regional conflicts».</div><div><br></div><div>It consists of two English words "like" and "hood".</div><div>hood-word-forming element meaning "state or condition of being," from Old English -had "condition, quality, position" (as in cildhad "childhood," preosthad "priesthood," werhad "manhood"), cognate with German -heit/-keit, Dutch -heid, Old Frisian and Old Saxon -hed.&nbsp;</div><div>Originally a free-standing word, in Modern English it survives only in this suffix.</div><div><br></div><div>2)debt-financed-This is borrowed money that you return taking into account the agreed interest rate. The most common forms are bank and mortgage loans.</div><div><br></div><div>«The growth of inequality is clearly associated with over-debt-financed consumption and investment patterns, which in turn contributed to the financial and economic crises».</div><div><br></div><div>debt-from Old French <em>dete</em>, from Latin <em>debitum</em> "thing owed,"</div><div>financed-from Old French <em>finance</em> "end, ending; pardon, remission; payment, expense; settlement of a debt", noun of action from <em>finer</em> "to end, settle a dispute or debt.</div><div><br></div><div><br></div><div><br></div><div>2)jump-start -To do something extremely useful or profitable in order to activate any sphere of activity or life.</div><div><br></div><div>«International support is still required in order to jump-start the development of the economies of the third world countries”.<br><br>Sources:<br>Etymology:&nbsp;<a href="https://www.etymonline.com/">https://www.etymonline.com/</a><br>Some of the examples were taken and redone from here: https://context.reverso.net/перевод/<br><br></div>]]></description>
         <enclosure url="https://blogs.imf.org/2020/12/04/how-governments-can-create-a-green-job-rich-global-recovery/" />
         <pubDate>2021-09-02 17:38:43 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713355591</guid>
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         <title>How European Banks Can Support the Recovery</title>
         <author>sakhibgareeval</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713382695</link>
         <description><![CDATA[<div>This article was published in IMF blog. It gives an overview of European Banks recovery. This article contains a few words that i do not know thus there are some of them:&nbsp;<br>1) caveat&nbsp;<br>Definition: a warning to think about something before doing it<br>Etymology: (source Oxford languages) mid 16th century: from Latin, literally ‘let a person beware’.<br>E.g&nbsp; There was a caveat about a hurricane in this area.<br>2) insolvency<br>Definition:the condition of bankruptcy<br>Etymology: Latin solventem "paying" + "in", unable to pay<br>E.g This bank is on the verge of insolvency<br>3) to breach<br>Definition:to break a law or a promise<br>Etymology: from Old English "bryce"- "a fracture, act of breaking," (https://www.etymonline.com)<br>E.g That company breached an agreement and lost a project.</div>]]></description>
         <enclosure url="https://blogs.imf.org/2021/03/26/how-european-banks-can-support-the-recovery/" />
         <pubDate>2021-09-02 17:50:55 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713382695</guid>
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         <title>The Power of Text: How News Sentiment Influences Financial Markets</title>
         <author>iazaikin</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713469820</link>
         <description><![CDATA[<div>While I was reading this interesting article I found some words that I didn't know before.<br>Here you can see some of them:<br><br>1. <strong>Agenda</strong>-noun<br>Agenda has different meanings. <br>Firstly, "agenda" means a list of items to be discussed at a meeting.<br>Secondly, "agenda" can also refer to any matters that have to be dealt with.<br>Ex: A coronavirus problem was on the top of the agendas of many companies in 2020. <br><br>Origin according to google: <br>early 17th century (in the sense ‘things to be done): from Latin, neuter plural of <em>agendum</em>, gerundive of <em>agere</em> ‘do’.<br>2. <strong>Vulnerability</strong>-noun.<br>Vulnerability is the quality of being damaged, hurt, or influenced. <br>Ex: Our coach told us the vulnerabilities of the opponent team so we easily won that game.<br><br>Origin:<br><em>Vulnerable</em> is ultimately derived from the Latin noun <em>vulnus</em> ("wound") (https://www.merriam-webster.com/dictionary/vulnerable)<br>3. <strong>Cutting-edge</strong><br>=very modern, and with all the newest features.&nbsp;<br>Ex: Apple has cutting-edge technologies so it has advantages over its competitors on the market.&nbsp;</div>]]></description>
         <enclosure url="https://blogs.imf.org/2019/12/16/the-power-of-text-how-news-influences-sentiment-in-financial-markets/" />
         <pubDate>2021-09-02 18:33:11 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713469820</guid>
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         <title>Short-term Shot and Long-term Healing for Latin America and the Caribbean </title>
         <author>dvoryanchikov_nikolay</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713597268</link>
         <description><![CDATA[<div>This exciting article was published by IMF in April 15 and contains lots of convoluted and extraordinary words that are new for me. To begin with, here are three of them:<br><br></div><div>1)&nbsp; &nbsp;<strong>Cumulative</strong>(adj) – the meaning of this word is quite similar to word “total” or “aggregate”.&nbsp; If something is cumulative, it is basically stacked together. <br>&nbsp; &nbsp; For example: The <strong>cumulative</strong> effect from inhaling different chemicals (smoking, vaping, working with chemicals without wearing special equipment that can somehow protect your lungs from destructive substances) can seriously harm you physical and mental health.<br>&nbsp; &nbsp;According to the Webster's Revised Unabridged Dictionary this word comes from Latin <em>cumulatus and cumulative.</em></div><div>&nbsp;</div><div>2)&nbsp; &nbsp; <strong>Remittance</strong>(n) – the act or process of sending a sum of money to a person. The meaning of this word is close to “payment”. <br>&nbsp; &nbsp;For example: Nowadays every bank might control and monitor the <strong>remittances</strong> of its clients.<br>&nbsp; According to Oxford Languages “remittance” comes from <em>remittere</em> ‘send back’.</div><div>&nbsp;</div><div><strong>3)</strong>&nbsp; &nbsp; <strong>Exacerbate</strong>(v) – simply means making something that is negative or bad even worse. This word is usually used synonymously with verbs “worsen” or “intensify”.<br>&nbsp; &nbsp;Here is an example of using this verb: A judge took into consideration a fact that a robber murdered three security guards during his bank robbery; That is why the final penalty <strong>was exacerbated</strong> in view of this horrible fact.<br>&nbsp; &nbsp;According to the Wiktionary and Oxford Languages that word came from Latin verb <em>exacerbare</em> ‘made harsh’.<br><br></div>]]></description>
         <enclosure url="https://blogs.imf.org/2021/04/15/short-term-shot-and-long-term-healing-for-latin-america-and-the-caribbean/" />
         <pubDate>2021-09-02 19:48:05 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713597268</guid>
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         <title>Making The Digital Money Revolution Work for All</title>
         <author>eshshakirov</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713632296</link>
         <description><![CDATA[<div>&nbsp; &nbsp; To be honest, I can't remember the last time I used cash. To me, it is more convenient to use Apple Pay.&nbsp;<br>&nbsp; &nbsp; The digital money revolution has brought many new opportunities, but there is always the other side of the coin. In this article you can find out about challenges and tradeoffs that economists may face enacting new policies to maintain control over monetary and financial conditions.&nbsp;</div><div><br><strong>To proliferate</strong> - increase rapidly in number or multiply.</div><div>From Latin <em>proles</em> "offspring" <strong>→ </strong>French <em>prolifère</em> "producing offspring"(https://www.etymonline.com/word/proliferation)</div><blockquote><em>"The number of people using their phone to pay has </em><strong><em>proliferated </em></strong><em>dramatically over the past decade."<br>"We need</em><strong><em> to prolifirate </em></strong><em>the sales"</em></blockquote><div><br><br><strong>To mitigate</strong> - make something bad less severe, serious, or painful.<br>From Latin <em>miltis "mild" </em><strong>→ </strong>&nbsp;verb <em>mitigate </em><strong>→ </strong>&nbsp;<em>mitigat-</em> "softened, alleviated"</div><blockquote>"<em>It is essential </em><strong><em>to mitigate</em></strong><em> this issue."<br>"By lowering the prise we will </em><strong><em>mitigate </em></strong><em>the loss."</em></blockquote><div><br><br><strong>Illicit</strong> -<strong> </strong>forbidden by law, rules, or custom.<br>from Latin <em>illicitus</em> "not allowed, unlawful, illegal" (https://www.etymonline.com/word/illicit)</div><blockquote>"He did an <strong>illicit </strong>copy of this movie."<br>"You can buy almost everything on the <strong>illicit </strong>market."</blockquote><div><br><br></div>]]></description>
         <enclosure url="https://blogs.imf.org/2021/07/29/making-the-digital-money-revolution-work-for-all/" />
         <pubDate>2021-09-02 20:12:18 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713632296</guid>
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         <title>Good economics demands that we manage Nature better</title>
         <author>essokolova_2</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713642352</link>
         <description><![CDATA[<div>This article tells us about the main reasons of today's biodiversity crisis and suggests &nbsp; 3 main steps connected with economics to fix the problem. I found new interesting words and phrases there:<br><br>1) "<strong>Ecological footprint</strong>" - a measure of a population’s demand for the ecosystems’ supply of resources and services<br><strong>Example:</strong> The Ecological footprint for many countries around the world is being calculated by the Global Footprint Network. <br><br>2) <strong>Biodiversity</strong> - the variety of life on our planet<br><strong>Example:</strong> Humans get many sources from biodiversity such as food, fuel and medicine. <br><strong>Etymology:</strong> Biodiversity = bio + diversity, the world "diversity" came from "dis-" and "vertere" in Latin. <br><br>3) "<strong>Tragedy of the commons"</strong> - a situation in which people who have access to a common resource use to much of it and as the result totally deplete it<br><strong>Example:</strong> The tragedy of the commons shows individual's tendency to make best decisions for themselves, ignoring the negative impact they have on others.&nbsp;</div>]]></description>
         <enclosure url="https://www.imf.org/external/pubs/ft/fandd/2021/09/economics-and-nature-dasgupta.htm" />
         <pubDate>2021-09-02 20:19:53 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1713642352</guid>
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         <title>This is my article. It is about economical growth in Asia.</title>
         <author>ISLevin</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1715311010</link>
         <description><![CDATA[<div>1)<strong>extrapolation</strong>- forecasting which you make relying on trends which you discover during researchers.</div><div><br></div><div>For example: Extrapolation shows that in next 10 years all people will use electric cars.</div><div>This word was made by combining English words «extra» and «interpolate».<br>2)<strong>depreciation</strong>- decrease in value of money or other assets.&nbsp;</div><div>&nbsp;For example :Inflation is a depreciation of money.</div><div>Etymology:&nbsp; «depreciation” comes from Latin word depretiare “de” means “down” and “pretiare” means “price”.<br>3)&nbsp;<strong>Fertility&nbsp; rate</strong> - it is an amount of children for one woman. This rate is necessary to understand how populatin will change.</div><div>Fertility rate in Russia is 1,5.</div>]]></description>
         <enclosure url="https://www.imf.org/external/pubs/ft/issues1/" />
         <pubDate>2021-09-03 14:05:24 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1715311010</guid>
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         <title>OUR LAST, BEST CHANCE ON CLIMATE</title>
         <author>aapodobed</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1715664025</link>
         <description><![CDATA[<div>In this exciting article about global warming I found a few interesting words that I have never seen and used before:<br><br>1. Perilous - it is an adjective which describes something dangerous, something that can hurt you. The synonyms to this word are: "dangerous", "hazardous".<br>Example: Last year I went on a perilous journey across the mountains<br>Origin according to Oxford Languages:<br>This word comes from Old French <em>perillous</em>, from Latin <em>periculosus.<br><br>2. Impediment- it is a noun which describes an obstacle that a person have to face in certain circumstances.<br>Synonyms to this word are: "hindrance", "barrier"&nbsp;<br>Example: There are a lot of impediments to economic development in our country.<br>Origin according to Merriam-Webster:<br>Impediment comes from a Latin verb that meant "to interfere with" or "to get in the way of progress".<br><br>3. To usher - to accompany, conduct somebody to a certain place.<br>Example: I ushered him to the main entrance.<br>Synonyms: direct, guide, lead<br>Unfortunately I did not find origin of this verb.&nbsp;</em></div>]]></description>
         <enclosure url="https://www.imf.org/external/pubs/ft/fandd/2021/09/bhattacharya-stern-COP26-climate-issue.htm" />
         <pubDate>2021-09-03 16:36:33 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1715664025</guid>
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         <title>IMF Executive Board Concludes the 2021 Article IV Consultation with Italy - Diba Alkhazova’s Homework</title>
         <author>dvalkhazova</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1715838212</link>
         <description><![CDATA[<div>This article describes the economic situation in Italy as of June 2021 and what measures the country is taking to repair at least a small part of the damage caused by the pandemic.<br><br>To be honest, I came across a lot of words I didn’t know yet. But here are three of them that I wound most interesting:<br><br>1) <strong>Prompt</strong> (adj.) - done without delay; immediate (e.g. If we don’t take <strong><em>prompt</em></strong> measures right now, there will be no point to do it in the foreseeable future). Etymology: based on Old French <em>prompt</em> or Latin <em>promptus</em> ‘brought to light’, also ‘prepared, ready’, past participle of <em>promere</em> ‘to produce’, from <em>pro-</em> ‘out, forth’ + <em>emere</em> ‘take’.<br><br>2) <strong>Moratorium</strong> (noun) - a temporary prohibition of an activity (e.g.&nbsp; Some of the <strong><em>moratoria</em></strong> (plural) on nuclear testing don’t sound safe). Etymology: modern Latin, neuter (used as a noun) of late Latin <em>moratorius</em> ‘delaying’, from Latin <em>morat-</em> ‘delayed’, from the verb <em>morari</em>, from <em>mora</em> ‘delay’.<br><br>3) <strong>Fiscal</strong> (adj.) - relating to government revenue, especially taxes (e.g. The government’s faced some serious <strong><em>fiscal</em></strong> challenges). Etymology (taken from merriam-webster.com): from the Latin noun fiscus, meaning "basket" or "treasury."<br><br>All definitions and etymology, except the etymology of “fiscal”, was taken from Oxford Languages.&nbsp;</div>]]></description>
         <enclosure url="https://www.imf.org/en/News/Articles/2021/06/03/pr21153-italy-imf-executive-board-concludes-the-2021-article-iv-consultation-with-italy" />
         <pubDate>2021-09-03 18:10:21 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1715838212</guid>
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         <title>US$100 Bill on the Rise</title>
         <author>eGGork4</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1716102806</link>
         <description><![CDATA[<div>This article is shorter than other ones published here. However, it is still highly informative, as it contains possible explanations for the occurrence of this boom.<br><br>&nbsp;While reading I found certain amount of words I'm not familiar with. Here is the list of them:<br><br><strong>1) Ubiquitous (adj)<br><br>Meaning:</strong><br>This adjective is used when it is needed to say that something is found everywhere.<br><br><strong>Example:</strong><br>His ubiquitous minions watched my every move, so I could only move around the narrow streets.<br><br><strong>Etymology:</strong><br>Word <em>ubiquitous </em>appeared in 19th century. It came from Latin word <em>ubiquitas</em>, which came from <em>ubique</em> (meaning - everywhere), which came from <em>ubi</em> (meaning - where)<br><br><strong>2) Overseas</strong> <strong>(adj/adv)</strong><br><br><strong>Meaning:<br></strong>Overseas is used to mention that something is somehow connected with a foreign country (most likely located over the sea)<strong><br><br>Example:<br></strong>Jack has to go on an overseas trip to teach lessons offline.<br><strong><br>Etymology:<br></strong>Came from word Old English word <em>oversea </em>which was used to say about something connected with traveling by sea. (https://www.etymonline.com/word/overseas)<br><br><strong>3) Illicit</strong> <strong>(adj)</strong><br><br><strong>Meaning:<br></strong>Means illegal, unlawful, banned by special documents (law, school rules, etc)<br><br><strong>Example:<br></strong>Athletes are time to time accused of using illicit drugs which boost their stamina.<br><br><strong>Etymology:</strong><br><br>Came from Latin word <em>illicitus</em> or French word <em>illicite</em>. Both of these words mean the same thing as illicit.</div>]]></description>
         <enclosure url="https://blogs.imf.org/2019/07/25/us100-bill-on-the-rise/" />
         <pubDate>2021-09-03 22:00:56 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1716102806</guid>
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         <title>How can interest rates be negative?</title>
         <author>polinatimofeeva2017</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1716440877</link>
         <description><![CDATA[<div>This article contains information on central bank’s negative interest rates.There are some words, which I found useful to learn. Here they are:<br><br>1) <strong>To undermine</strong><br>Definition: to make someone less confident or make something weaker.<br>The Old English verb was <em>underdelfan</em>. Related: <em>Undermined</em>; <em>undermining</em>.<br>For example: <br>1. A series of scandals have undermined people’s confidence in the government.<br>2. In some scenarios, going below this lower bound could undermine financial system liquidity and stability.<br><br>2) <strong>Underpinning</strong> <br>Definition: support, strength or the basic structure of something. ‘Underpinning’ actually comes from architecture. In business English it is something that provides support for something, or that is the starting point from which something can develop.<br>For example:<br>1. He has the capacity to understand the theoretical underpinnings of linear algebra.<br>2. This was a case that had no legal or factual underpinnings.<br><br>3) <strong>Interest rate (neutral rate of interest)<br></strong>Definition: the percent that a bank or other financial company charges you when you borrow money, or the percent it pays you when you keep money in an account.<br>For example:<br>1) The bank has plans to cut/raise interest rates.<br>2) A guidepost for central bankers in setting the policy rate is the concept of the neutral rate interest: the long-term interest rate that is consistent with stable inflation. (From the published article)&nbsp;<br><br><br><br></div>]]></description>
         <enclosure url="https://www.imf.org/external/pubs/ft/fandd/2020/03/what-are-negative-interest-rates-basics.htm" />
         <pubDate>2021-09-04 07:42:37 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1716440877</guid>
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         <title>https://vk.com/away.php?to=https%3A%2F%2Fblogs.imf.org%2F2021%2F08%2F05%2Fmanaging-the-political-economy-of-climate-change-policies%2F&amp;cc_key=</title>
         <author>janik_atulyan</author>
         <link>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1716595823</link>
         <description><![CDATA[<div>An incredibly relevent topic, which is discussed all around the world, was brought up in this article by Davide Furceri, Michael Ganslmeier, and Jonathan D. Ostry. Having gone through it, I picked three words i was unfamiliare with before. Here they are in the alphabetic order: <br><br><strong>1. </strong><em>Legislation</em> ( from late Latin <em>legis latio - "</em>proposing of a law" ). <em>Legislation</em> is a law or a set of laws ( according to the Cambridge Dictionary ).<br><br>If i were to use this wird in a sentence, i would come up with something like : Current president of the Russian Federation is going to introduce a new <em>legislation</em> before the upcoming presidential elections.<br><br><strong>2.</strong> <em>Negligible</em> ( from obsolete ( extinct )&nbsp; French <em>négliger - "</em>to neglect<em>" ). Negligible </em>is used to talk about something small and not imortant ( according to the Cambridge Dictionary ).<br><br>Let's compose a sentence using this word: The difference between the prices of these two tablets is <em>negligible</em>, so choosing which one to buy is a matter of preference.<br><br><strong>3.</strong><em> Mitigation ( </em>from Latin <em>mitigare -&gt; mitigatio - "alleviate, make less severe" ). </em>It means to make something less harmfull , unpleasant or bad ( once again, according to the Cambridge Dictionary ).<br><br>Using this word in a sentence will make help us&nbsp; fully understand its meaning: Mitigation of risks is a primary concern of most successful businesses.</div>]]></description>
         <enclosure url="https://vk.com/away.php?to=https%3A%2F%2Fblogs.imf.org%2F2021%2F08%2F05%2Fmanaging-the-political-economy-of-climate-change-policies%2F&amp;cc_key=" />
         <pubDate>2021-09-04 13:17:42 UTC</pubDate>
         <guid>https://padlet.com/jackrizzottimoscow/3hxekneretueofhp/wish/1716595823</guid>
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