English Reader. Мишустина В.Д. - 71 стр.

   Формула:       S + predic (to be able to)

     - Nobody was able to pursuade him.
     - Are you able to look through the contract?
     - Will you be able to phone tomorrow.
     - The partners were not able to ship the goods in time.
     - The top manager was able to contact his parter.

     20.1.4 Просмотрите текст и найдите предложения со следующими словами
и словосочетаниями, попытайтесь перевести эти предложения без словаря:

     Environmental groups and debtor countries; to spend money on "luxuries";
many Third World loans; Debt, like any other financial instrument; I.O.U; The
purchaser of a loan; in exchange for environmental concessions; to preserve an
ecologically important part of the world.

      Текст
      Debt-for-nature swaps allow banks, environmental groups and debtor countries
to join together to protect a valuable part of the environment such as a forest or a
wildlife refuge.
      Since many poor countries do not even have the financial resources to repay
their foreign loans, it is difficult to get them to spend money on "luxuries" such as
nature parks or wildlife preserves. Environmental protection groups, however, have
devised an ingenious method for getting a poor debtor country such as Colombia or
Peru to protect its natural heritage: they pay off the poor country's debt in exchange
for a commitment to protect ecologically valuable land such as forests, wetlands, or
regions rich in wildlife.
      In the world financial markets, many Third World loans are sold at a discount to
their original face value because no one expects poor debtor countries to repay all of
their debt. Debt, like any other financial instrument, can be bought and sold on the
open market. A bank, for example, can sell a loan to another bank in the same way
someone sells a bond or another IOU. The purchaser of a loan expects to get paid
back by the original borrower. Some of the doubtful loans to Third World countries,
however, sell for as little as 10 percent of their original face value. An environmental
group can therefore buy a $100 million doubtful loan for as little as $10 million.
      Once an environmental group uses its funds to purchase this debt on the open
market at a fraction of its original value, it gives the debt back to the debtor country -
in effect "paying it off" or canceling it - in exchange for environmental concessions.
      All parties to a debt-for nature swap are able to benefit in some way. The debtor
country ends up with a nature park and a reduction in debt. International banks are
happy to see their debt exposure reduced even if it means getting only a part of their
money back. And the environmental group has been able to preserve an ecologically
important part of the world for future generations.

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