There are many markets in the world thathave substantial GDP growth today, certainly higher than mature Europe and theUnited States.And as Viacom international media network, we're spending a lot of time thereand I think what's also common about that, those markets is this emergence ofreal middle class, because that is the sort of bread and butter of ourentertainment programming and presents opportunities for years to come.

现在全球许多市场GDP都呈现大幅增长趋势，已显然高于成熟的欧洲和美国市场的GDPT-2z7q6[H.U-。我们维亚康姆(VIA)国际媒体网络公司在这些市场上倾注了大量时间，我认为那个，那些市场所共有的特点是真正的中产阶级的兴起，因为这才是我们娱乐节目的所谓黄油和面包，同时提供了未来的发展机会Z+Mb,7hadiF~。

But the IMF have lower its forecast foroverall developing countries to grow about 5.5%,5.3% 2012,2013.This doesn'talarm you that the ad market will drop significantly as its economy try to getto the next wave of growth as they mature.

但是国际基金组织对发展中国家经济增长的整体预测有所下降，即2012, 2013分别为5.5%, 5.3%YHRbLO!,tULW_dGHL#。随着日益成熟的广告市场经济努力进入下一轮增长，广告市场却将大幅下降K~OlK-F(_@mvc~1。对此，你不应感到吃惊-oIIJAOo].&。

You know, when you are dealing with internationalbusinesses you're dealing with many countries that always have issues you needto navigate, and certainly the economic climate particularly in southern Europeis the climate we would like. That's it, we wanna portfolio countries, you knowso we are running in theBrazilto the world, theMexicoto the world where we continue to see very strong double digital growth. Ourjob is to continue to do excel regardless markets conditions.

当你做国际生意时，你与许多国家打交道，常常会出现需要你确定航线的问题cS[([@3E.X。当然，南欧的经济环境是我们所喜欢的%0YQ4+fR8=eIEuv。也就是说，我们要对各个国家进行投资组合CA_t2#qiyPFD。我们现在正在巴西以及墨西哥运营一家面向全球的公司，这里呈现两位数的增长UBFho!T~i%q。我们的工作就是不管市场条件如何，持续保持卓越IvsTL38t#G。

What is the most promising right now? Wouldyou say the emerging market. So you have a recent deal signed inRussiaandabroad CIS countries. All kind of jumping into your program, if you're gonnapick the most promising region right now in this developing field, what wouldyou say it is?

此时最有前景的是什么呢？是新兴市场吗？如果最近你俄罗斯或其他独联体国家敲定了生意O&YIrMY#+D)Jr(。在这一正在发展的地区如果你摘取了最有前景的一隅，各种生意将自动跃入你的项目计划中P0OgJR.t(QW3Pkr|@U2[。是这样吗？

Well, you know, that's like being asked tochoose which of your children you like the best. I mean I don't think it's afair question. The reality is there's a lot of opportunities all over theworld. We like the Russian market absolutely. We like the Brazilian market,absolutely, we like the Indian market, absolutely. You know our job is to takethis great portfolio of global brands, you know, substantial content libraryand expertise. And build them out what I call a global model. Part global, partlocal, you know, it's not about a favorite market or a least favorite market.It's about a world of truly great opportunity.

我们知道，这有点象让你选择最喜欢哪个孩子一样!EL|lOEmFaB*。我的意思是，我认为这不是公平问题6XIQB*0FV@@C。现实是全球有许多机会TAOGFd-,x6.XQ。我们绝对喜欢俄罗斯市场，我们绝对喜欢巴西市场，我们绝对喜欢印度市场6r;_Q=F0X2(r]]Ifw|uF。你知道，我们的工作就是对全世界各品牌进行融资组合，需要大量实质性内容及专业能力，由此建造出来的产品，我称之为全球模式]0b6J)yH[yMuM。部分全球，部分当地，这不是有利的市场，或不利的市场的问题，而是一个充满了切实的巨大机会的世界EL2C!STV),4la。