Iceland, the first nation to go bankrupt in the credit crunch.

冰岛是第一个在信贷紧缩中破产的国家。

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The Federal Reserve said it sold $1.15 billion in deposits in the first test of a credit- tightening tool it may use to drain a near-record amount of cash from the banking system.

美联储表示，已经出售11.5亿美元定期存单，作为信贷紧缩机制的首次测试，美联储可能以此从银行体系抽离大量资金。

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Iceland, the first nation to go bankrupt in the credit crunch, recently applied.

在信用危机第一个破产的国家冰岛最近提出了申请。

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When the credit markets imploded in August in the first phase of the credit crunch, McMoRan was still trying to raise capital to complete the Newfield transaction.

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The majority were expecting to cut the supply of business loans, mortgages and consumer credit in the first few months of 2012.

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That starts with creating a consumer-credit culture in the first place, plus many of the things lenders take for granted in North America, like individual credit histories, and finely tuned risk-based pricing where the riskiest customers pay the highest interest rates, to cover expected losses.

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