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UK Considers Joining Global Defence Bank Led by Canada

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Listen to the story

The UK is talking about joining a new bank. The bank is for defence. Defence means the army, navy, and air force. Canada leads this plan.

People who like the plan are called supporters. They say the bank can help governments. Governments could get loans that are cheap. A loan is money you must pay back later.

The money from loans could pay for defence projects. A project is a big piece of work. Defence projects can be things like new weapons or bases.

The UK has not made a final choice yet. Talks are still happening. Many countries may want to join this bank.

Vocabulary10 words

bank
a place that keeps and lends money
defence
keeping a country safe from attack
supporters
people who like and help a plan
loans
money you borrow and pay back
defence projects
big jobs to help a country's army
government
the group that runs a country
talks
meetings where people discuss something
global
about the whole world
led
in charge of; guiding
cheaper
costing less money

Quiz

1. Which country leads the plan for the bank?
2. What is the bank mainly for?
3. Has the UK made a final decision yet?

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

The UK is talking about joining a new _____. The bank is for _____. _____ leads this plan.

People who like the plan are called _____. They say the bank can help _____. Governments could get _____ that are cheap.

The money from loans could pay for defence _____. Defence projects can be things like new _____ or bases.

The UK has not made a final _____ yet. Talks are still happening.

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