The Hindu Editorial (Trade tumult) – Nov 18, 2022

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The Hindu Editorial (Trade tumult) – Nov 18, 2022:

tumult (noun) – disorder, turmoil, disarray, disturbance, chaos, havoc, trouble.
shrinking (adjective) – diminishing, lessening, dwindling.
deficit (noun) – deficiency, shortage, slippage.
call for (phrasal verb) – require, publicly ask/necessitate, demand.
reboot (noun) – restarting, reintroduction, restoration.
shrank past of shrink (verb) – lessen, reduce, decrease.
drop (verb) – decrease, lessen, make less, reduce.
slip (verb) – fall, sink, drop, go down, decrease.
streak (noun) – period, time, spell, stretch.
mark (noun) – level, stage, point.
hit (verb) – affect badly.
-intensive (adjective/usually in combination) – (in business) concentrating on a particular thing.
uptick (noun) – a small increase or upward trend.
segment (noun) – sector.
year-on-year (adjective) – year over year (for comparison).
trade deficit (noun) – a trade deficit (a deficit in the balance of trade) occurs when the value of a country’s imports exceeds that of its exports. It is also called a trade gap.
hit (verb) – reach a particular level.
to be sure (phrase) – certainly.
moderate (verb) – lessen, decrease, diminish.
sequentially (adverb) – in succession, successively, continuously.
marginal (adjective) – small, little, minimal.
dip (noun) – decrease, reduction, fall/drop, slump.
along with (phrase) – as well as.
construe (verb) – interpret, understand, read.
slackening (adjective) – moderating, reducing, diminishing, lessening.
so far (phrase) – until now, up to the present, up to this point.
escalate (verb) – increase, rise, accelerate.
onset (noun) – start, beginning, arrival.
easing (noun) – reduction, moderation, lessening, decrease.
on the horizon (phrase) – coming, forthcoming, about to happen.
acknowledge (verb) – accept, recognize, realize.
forecast (noun) – prediction, indication, projection, prognosis, speculation, calculation (of future events or trends).
slump (noun) – decrease, reduction, drop.
attribute (verb) – ascribe, connect with, associate with; hold responsible for.
blip (noun) – a small/very short & temporary deviation (from normality/trend).
overly (adverb) – excessively, exceedingly.
depressed (adjective) – unhappy, sad, dejected.
accrue (verb) – to receive something gradually over a period of time; accumulate, gather, build up, be added.
rival (noun) – competitor.
wait out (verb) – wait until a specific thing (unpleasant event/period) is over.
in contrast (to) (phrase) – in opposition to, be very different from.
Foreign Trade Policy (noun – Foreign Trade Policy is a set of guidelines and instructions established by the Directorate General of Foreign Trade (DGFT) in matters related to the import and export of goods in India. The Government of India, Ministry of Commerce and Industry announces Export Import Policy every five years.
defer (verb) – postpone, put off, delay, put back, hold off.
turmoil (noun) – disorder, turbulence, confusion, trouble, chaos.
if anything (phrase) – contrarily, again, conversely; on the contrary even; on the contrary; If at all.
dither (verb) – be indecisive, be unsure, be undecided, hesitate.
pro-active (adjective) – aggressive, intense, passionate.
recalibrate (verb) – reevaluate, reassess, revamp.
stance (noun) – point of view, approach, standpoint.
for instance (phrase) – as an example.
amid (preposition) – in the middle of, surrounded by; during.
trigger (verb) – cause, give rise to, lead to, bring about, generate.
depreciating (adjective) – decreasing, declining, dropping/losing value.
depreciate (verb) – decrease, decline, drop/lose value.