1. 然而，克普克认为，美国利率在引发新兴市场危机方面的作用未被充分认识。他提供的证据表明，如果以下三种情况同时出现的话——处于美联储紧缩周期，联邦基金利率高于自然利率（导致实际产出趋近潜在产出的利率），以及美联储将比先前预期更快收紧政策的信号让市场参与者感到惊讶——新兴市场爆发危机的几率会大大增加。

2. 房地产市场低迷降低了对铁矿石、能源和其他大宗商品的需求。全球供应增加加剧了供需差距并推低了原材料价格。尽管中国出台了多项措施，例如去年11月的降息，但预计这种情况近期不会发生变化。

3. I want to be in your arms this New Year.我要在你的怀抱里度过今年的春节。

4. “Through the second half of the 20th century we had this big dispersion of trade and economic activity around the world. All this specialisation meant exports rose faster than GDP,” Mr Williams says.

5. 匹兹堡大学的研究小组从来自皮肤的干细胞培养出MCPs，一种可以作为心血管组织驱动器的特殊细胞。他们把这些细胞放在一种可以维持老鼠心脏的3-D支架上。在20天内，新的心脏开始以每分钟40~50次的速率搏动。

6. [j?t]

应用

1. Recipient: Their Royal Highnesses The Duke and Duchess of Cambridge (joint winners)

2. In other words, investors are paying far more for Tesla’s future promises than today’s performance by other luxury car manufacturers. Daimler, the manufacturer of Mercedes-Benz, sold more than 2.5 million vehicles last year and has a market cap of about $85 billion. So, although it sells 70 times more vehicles than Tesla, its market cap is less than three times greater.

3. 本文作者为卡内基国际和平基金会(Carnegie Endowment)高级研究员、世界银行(World Bank)中国业务局前局长，译者/何黎

4. 201001/95459.shtml

5. 中国最高纪律监管机构日前表示，去年共有1300名涉嫌经济犯罪的外逃人员回国接受审判，其中腐败官员347人。

6. Immigrant populations in Arkansas, North Carolina and Tennessee have more than tripled since 1990, noted Lee Drutman, a senior fellow at the New America Foundation, in an analysis for Vox. Anxiety over those changes may explain why the Republican Party became so much more focused on limiting immigration over that period — and why white voters in those states overwhelmingly support Mr. Trump.

旧版特色

1. The so-called IP-BOX will work on iPhones running iOS 7 and older. It takes 6 seconds to 17 hours hours to crack the four-digit passcode. The Daily Mail purchased the device and cracked the code on an Apple iPhone 5c in 6 hours. A version that will work on iPhones running iOS 9 will be available later this month.

2. Two bedrooms are on the second floor, including the master, which is part of a suite with a fireplace, a walk-in closet and a balcony overlooking the bay. An office down the hall also opens to the balcony. The other bedrooms are on the third floor. One overlooks the bay through the pediment’s fan window.

3. 5. What Is Illuminati?