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downgrade

CNNニュースつまみ食い! 09/04/27 号 -contraction-

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       ◆◇◆ CNNニュースつまみ食い! ◆◇◆
                          09/04/27 72口目
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◆今日のつまみ食い◆

IMF: WORLD ECONOMY WON’T RECOVER UNTIL 2010

World economy — better luck next year.The International
Monetary Authority has downgraded its forecast by 2 percent,
predicting the global economy will have its worst contraction
since World War II.

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☆ Words (#sth = something #sb = somebody)

・Monetary[adj.]
⇒ connected with money, especially all the money in a country

・downgrade[verb]
⇒ to move sb/sth down to a lower rank or level
 
・contraction[noun]
⇒ the process of becoming smaller
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