Despite the financial turmoil , credit remains available to basic businesses and the vast majority of households , and a general " credit crunch " is highly unlikely to unfold 尽管金融动荡，基础企业和巨大的多数家庭仍然可以获得信贷，并且一般的“信贷破裂”基本不可能发生。
Gone is the euphoria of late september and early october , when stockmarkets surged to new records , shrugging off the credit crunch and the spectre of a slowing american economy 随着股票市场不顾紧缩的信贷以及疲弱的美国经济不断创下新的纪录，九月末十月初的振奋已经荡然无存。
Might these troubles , some wonder , be the canary in the mine , warning of a looming credit crunch as investors , for years free with their money , recoil from risk 有人怀疑，这些麻烦是否是个警兆，警告投资人在低利率贷款多年之后，因害怕风险而重新提高利率，将导致夸张的信贷紧缩。
To address the concerns about a possible credit crunch , the code has provided for a 24 - month transitional period starting from the " effective date " of the implementation of positive data sharing 针对可能出现信贷紧缩的疑虑，守则定出由实施共用正面资料的生效日期起计的个月过渡期。
Global equities suffered heavy falls yesterday as investor doubts grew over whether sweeping measures by central banks to tackle the credit crunch would be sufficient to defuse the crisis 全球股市周四大幅下跌，因为投资者越来越怀疑，各国央行为应对信贷紧缩而采取的大规模措施是否足以消除危机。
More realistically , if the current credit crunch were to intensify , economic growth show signs of faltering and inflation disappear as a threat , the fed would also have reason to cut rates 更现实地来说，如果目前的信贷风险恶化，经济增长显示出动荡信号，通货膨胀危险解除，美联储也有理由削减利率。
Such a move would have a sound business logic , says a banker : chinese banks are awash with liquidity ; western banks , thanks to the credit crunch , are short of it 直译：表面上，这种并购举措有一个正确的商业逻辑，一个银行家说：中国的银行充斥着流动资金；而西方银行却因为信贷紧缩在这方面表现欠佳。
European companies are increasingly being forced to turn to the dollar markets to raise funding as the credit crunch leaves it virtually impossible for them to launch deals in the euro - denominated market 欧洲公司日益被迫转向美元市场筹资，因为信贷紧缩使它们实际上不可能在以欧元计价的市场上发行债券。
The trend is striking since it shows that the credit crunch is starting to affect the financing plans of companies , not just in the highly leveraged sector but in the mainstream investment grade arena as well 这一趋势引人注目，因为它表明信贷紧缩已开始影响公司的融资计划，不只是高杠杆领域，也影响到主流投资级别领域。
The biggest problem , though , is that mr sarkozy is hoping for the first results of his reforms to come through at just the moment when the global credit crunch is hitting home , even in the euro area ( see article ) 然而，最大的问题是，尽管全球信用紧缩正在击中要害，甚至欧元区，萨科齐先生仍然希望他改革的首批成果能度过当前这个难关。
