The steep cut of more than over two million barrels a day, beginning with the New Year, had been expected.

新年之始就实行每天减产200多万桶原油的计划并没有出乎人们的意料。

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The global travel downturn has hit the hospitality industry across the Middle East, with hotel revenues and occupancy witnessing steep declines as holidaymakers cut back.

整个中东地区的酒店业都受到了全球旅游业衰退的冲击，旅行者的出行预算减少了，酒店收入和入住率也遭遇了大滑坡。

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Customers who do not cut their usage will face steep increases in their bills.

不削减用电量的消费者的电费开支将会猛增。

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Barnes and Noble may well be forced into a steep price cut of its ebooks in coming weeks.

FORBES: Amazon Launches All-Out Tablet Price War

Barclays Capital fixed income strategists suggest in a note to clients that the steep and swift rate cut could mean the government has more information on the local and global economy than they are making public.

FORBES: Is Brazil's Sharp Rate Cut Forecasting Recession?

Above the terracotta roofs of the commune of Domaso, terraces have been cut into the steep slope amid clumps of wild asparagus, trails of ivy and fresh-scented mint bushes.

BBC: The spirit of the Italian Lakes