Podemos Reports Big Financial Losses
Listen to the story
Podemos is a political party in Spain.
The party has lost 7.8 million euros.
This is a lot of money.
Podemos also lost half of its assets.
Assets are things a company or party owns, like money and property.
The party's money problems are called red numbers.
This means the party spent more money than it had.
There is also news about Congress rules.
A small rule in Congress may help Podemos.
This rule could help Podemos work with other left-wing parties again.
Left-wing parties often want more equality and government help for people.
Podemos and other left parties had problems before.
Now they may become friends again.
The rule is called a loophole.
A loophole is a small gap in a rule that people can use.
Vocabulary7 words
- assets
- things you own that have money value
- red numbers
- when you spend more money than you have
- loophole
- a small gap in a rule that people can use
- left-wing
- a political group that wants more equality
- Congress
- the group that makes laws in a country
- party
- a group of people with the same political ideas
- reconciliation
- becoming friends again after a problem
Quiz
Answer key
1. 7.8 million euros 2. They lost half of them 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Podemos is a political _____ in Spain.
The party has lost 7.8 million _____.
Podemos also lost half of its _____.
The party's money problems are called red _____.
This means the party spent more money than it _____.
There is also news about Congress _____.
A small rule in Congress may help _____.
This rule could help Podemos work with other left-wing parties _____.
The rule is called a _____.
A loophole is a small gap in a rule that people can _____.