The Hindu Editorial (Counting the costs) – Mar 01, 2022

Saturday’s announcement by the U.S., the U.K. and European allies, including France and Germany, of a raft of ‘further restrictive economic measures’ to… For further reading, visit “The Hindu”. Below is today’s word list-1 for The Hindu Editorial (Counting the costs) – Mar 01, 2022.

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The Hindu Editorial (Counting the costs) – Mar 01, 2022:

count the cost (phrase) – to realize the (bad) consequences of something happened carelessly.
ceasefire (noun) – a negotiated agreement that will be accompanied by other associated commitments to de-escalate the fighting; a temporary stoppage of war, truce, armistice.
talks (noun) – negotiations, discussions; mediation, arbitration.
sanctions (noun) – action taken, or an order given to force a country to obey international laws by limiting or stopping trade with that country, by not allowing economic aid for that country, etc (Courtesy: VOA Learning English).
ally (noun) – a country/state with an alliance with another one in which they promise to support each other militarily and to defend each other.
raft (noun) – a large quantity of something.
restrictive (adjective) – restricting, constraining, confining, prohibitive.
measure (noun) – action, step, procedure.
cost (noun) – loss, suffering, drawback, disadvantage.
invasion (noun) – occupation, conquering, capture, seizure, annexation, annexing, takeover.
fallout (noun) – adverse results/consequence; after-effects, repercussions.
with a view to (phrase) – with the hope of, with the intention of.
the Society for Worldwide Interbank Financial Telecommunication (SWIFT) (noun) – Swift (the Society for Worldwide Interbank Financial Telecommunication) is the main secure messaging system that banks use to make rapid and secure cross-border payments, allowing international trade to flow smoothly. It has become the principal mechanism for financing international trade. In 2020, about 38 million transactions were sent each day over the Swift platform, facilitating trillions of dollars’ worth of deals.
resolve (verb) – determine, decide, take a decision, conclude.
central bank (noun) – The banking regulator of a county’s banking system. (e.g. The Reserve Bank of India (RBI) is the central bank of India).
deploy (verb) – use, utilize, employ, make use of.
war chest (noun) – fund/money reserved aside to be used in a challenging/dangerous situation (e.g. war. campaign, etc.).
foreign reserve or forex (noun) – Foreign exchange. Forex or Foreign exchange reserves are the amounts of assets /money in foreign currencies that a country has in its central bank (in India, it is Reserve bank of India).
manifest (verb) – display, show, demonstrate, reveal.
depreciation (noun) – devaluation, decrease in value.
rouble (noun) – the basic/standard unit of money in Russia; Russian monetary unit.
tumble (verb) – fall/drop sharply, plummet, plunge, nosedive, slump, slide, fall, decrease, decline.
intra-day (adjective) – happening within a day.
so far (phrase) – until now, up to the present, up to this point.
benchmark (noun as modifier) – standard, base/basis, ideal.
benchmark interest rates (noun) – a minimal/minimum interest rate set and published by commercial banks for accumulating interest on different credit types.
decade (noun) – a period of ten years.
capital movement/flows (noun) – capital flows; when money for investment goes from one country to another.
lender (noun) – banking and financial services company.
Sberbank (noun) – a state-owned/government-owned Russian banking and financial services company headquartered in Moscow.
arm (noun) – branch, section, department.
a run on (noun) – a (sudden) demand, rush, request for something.
lead to (verb) – result in, cause, bring on, give rise to.
likely (adjective) – probable, possible, plausible.
prospect (noun) – chance, possibility, odds, probability, likelihood.
runaway (adjective/noun as modifier) – out of control, uncontrolled, unchecked.
inflation (noun) – simply meaning “cost of living”; increase of price level of goods & services and vice versa decrease of currency value.
unilateral (adjective) – relating to a method of taking decisions (particularly on international relations) by a state (country) individually without considering other states (countries). In general, it is relating to the decision taken individually without consulting with the others concerned.
embark on (phrasal verb) – start, begin, commence, institute, initiate, engage in.
all-out (adjective) – intense, aggressive, vigorous, powerful.
neighbour (noun) – a country that is next to another country; (bordering) country.
exposure (noun) – publicity, public attention.
business exposure (noun) – the amount of attention that the business gets. It’s important for businesses to get exposure so potential customers can know about them with the aspirations that they will make a purchase.
take a beating (phrase) – suffer damage.
bourse (noun) – stock market (in French); stock exchange.
given (preposition) – considering, taking into account, bearing in mind.
extent (noun) – scale, level, amount, scope.
escalation (noun) – intensification, aggravation, exacerbation.
tap (noun) – valve, stopcock.
contribute to (verb) – play a part in, be instrumental in, be a factor in, lead to, cause, give rise to.
substantially (adverb) – considerably, significantly, greatly.
current account deficit (CAD) (noun) – the amount by which money relating to trade, investment etc going out of a country is more than the amount coming in.
current account surplus (CAS) (noun) – the amount by which money relating to trade, investment etc going out of a country is less than the amount coming in.
Brent crude (noun) – a classification of crude oil produced from the oil platform in the North Sea of Northwest Europe. It is one of the three best known benchmark crude oils (the other two are ‘West Texas Intermediate’ and ‘Dubai’) against which other crude oils are priced. (Crude oil is the raw natural resource that is extracted from the earth and refined into products such as gasoline, jet fuel, diesel and other petroleum products).
futures (noun) – futures (contract); an agreement to buy or sell an asset at a future date at an agreed-upon price.
reliant (adjective) – dependent on.
spectre (noun) – threat, menace, danger/peril.
fan (verb) – intensify, increase.
bruising (adjective) – stressful, demanding/taxing, painful.
acceleration (noun) – increase, quickening, stepping up.
shock (noun) – disturbance causing volatility/uncertainty in an economy.
pandemic (noun) – the worldwide spread of a new disease; The illness spreads around the world and typically affects a large number of people across a wide area.
take hold (phrase) – have an effect.
consequent (adjective) – resulting, resultant, ensuing.
seek (verb) – try, aim, attempt.
bypass (verb) – avoid, evade, dodge, escape, elude, circumvent, get round.
regime (noun) – system, arrangement, apparatus, mechanism.
project (verb) – predict, estimate, calculate.
unquantifiable (adjective) – immeasurable, inestimable, incalculable.
expedient (noun) – tactical/strategic; advantageous, beneficial.
negotiation (noun) – discussion, talks, parleying, deliberation, dialogue.
conflict (noun) – war, armed conflict, military action, battle, fighting.
the way forward (phrase) – something (a plan/action) that leads to success in the future.