Words from the news, explained in easy English. From: Barclays to cut 5,000 jobs as it expands use of AI.
Transcript
Vocabulary in this episode
- bulletin
These words come from the bulletin about international news.
A bulletin is a short report that gives news or information.
- displaced
You heard “displaced” in the news.
Here, “displaced” means forced to leave your home or usual place.
- displaced
For example: The flood displaced several families from their homes.
The flood forced the families to leave their homes.
- levies
You heard “levies” in the news.
A levy is a tax or charge. Here, it is charged on fuel.
- levies
For example: Some cities add levies to restaurant bills.
Here, levies are extra charges added to the bills.
- yield
You heard “yield” in the news.
A yield is the money an investor expects to earn from lending money.
- yield
For example: The savings account offers a higher yield than mine.
Here, a higher yield means the account is expected to earn more money.
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About this episode
In this episode
- Barclays to cut 5,000 jobs as it expands use of AI
- French borrowing costs rise above US rates amid budget concerns
- Fighting in Yemen leaves nearly 260,000 displaced, UN warns
- Tech companies eye drought-stricken region of Spain for data centres
- South Africa cuts fuel taxes as prices hit record highs
- Meta fined $25bn in New Mexico over data privacy claims
Sources
- BBC NewsBarclays cutting 5,000 jobs as it increases reliance on AI - BBC News
- The GuardianBarclays to cut 5,000 jobs as bank’s bosses hail AI productivity advances | Barclays | The Guardian
- RechercheThe rise put France’s 10-year borrowing costs above the equivalent US Treasury yield for the first time since 2013. The report links the volatility to investors’ concern that the French government was struggling to pass next year’s budget.
- RechercheThe article says Yemen’s conflict began after the Houthis seized Sanaa and several other provinces in 2014; a Saudi-led coalition intervened in March 2015 in support of the internationally recognised government. The article also says the Houthis control much of northern and western Yemen, while government forces and allies hold Aden and large parts of the south and east.
- NPRSee how Big Tech is transforming Spain's landscape : NPR
- RechercheFinance Minister Enoch Godongwana announced a temporary cut to South Africa’s general fuel levy in his Medium-Term Budget Policy Statement: R3 per litre for diesel and R1.50 per litre for petrol, from November 4 to December 1, 2026. He said a smaller cut would continue into the new year.
- RechercheSouth Africa imports most of its fuel. Africanews links the pressure on prices and supply to global energy-market disruption, including the US-Israeli war on Iran and the Strait of Hormuz being choked off.
- RechercheMeta chief legal officer CJ Mahoney said the company was confident it would win on appeal.
