I recounted the events of the past twelve months and outlined plans to respond to the challenges caused by the financial turmoil and the bursting of our bubble economy.

我回顾过去一年所发生的事，并且概述为应付金融风暴和泡沫经济破灭所带来的挑战而订下的计划。

youdao

Moreover, the intensification of financial market turmoil is likely to exert additional restraint on spending, partly by further reducing the ability of households and businesses to obtain credit.

除此之外，金融市场动荡的加剧可能会对支出造成进一步的限制。 其中的部分原因在于家庭和企业借贷的能力进一步受限。

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But that illusion has been shattered by the spread of financial turmoil to Italy, a country too big to bail out, and to Spain.

但是，当金融混乱蔓延至西班牙（国家太大以致无法援救）和西班牙，那种错误观点被击得粉碎。

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To cap it all, conservative ideas of deregulation and unfettered free-market capitalism have been brought into disrepute by the financial turmoil south of the border.

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Buffeted by the international financial turmoil, Brazil, having doubled interest rates to bolster its overvalued currency, turned to long-term reforms to cut its budget deficit.

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Ireland's banking sector has been badly hit by the international financial turmoil, the collapse of a domestic property bubble and a deep recession in the former "Celtic Tiger" economy.

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