The most urgent issue facing the economy is the problem in the credit markets.

我们的经济面临的最紧要的问题是信贷市场。

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The eventual effect was to move financial volatility from the currency to the bond markets, with uncompetitive countries facing higher borrowing costs rather than pressure on their exchange-rate pegs.

结果将金融的动荡性从货币市场转到了债券市场，没有竞争力的国家面临更高的借贷成本，而不是固定汇率的压力。

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Big industrial firms facing a collapse of export markets such as Heidelberger Druck, the world's biggest maker of printing presses, are likely recipients.

出口市场中的大型产业集团面临破产而申请援助更可能获得通过，就像世界最大的打印设备商heidelberger Druck。

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The six-month survey sampled 185 senior managers and C-suite risk management professionals from major capital markets firms in North America, EMEA and APAC on the latest challenges facing the global capital markets industry.

FORBES: Evolving the Perfect Stress Test

We expect both the ECB, now facing a banking crisis, and emerging markets, facing enormous uncertainty in their export markets in the U.S. and Europe, will swing from monetary tightening to an easing posture.

FORBES: Toning Down Muscle Memory

To be sure, this is an extreme oversimplification of the issues facing both the stock and bond markets.

FORBES: Upgrade Parade Continues With S&P Downgrade in the Rearview