Two in
distress makes sorrow less.
同病相怜
I pray that you will have pity on my
distress.
我请求你可怜可怜我的不幸遭遇。
The mother was
distressed by her baby's illness.
母亲为她孩子的病感到苦恼。
She felt a deep sense of
distress when she learned about her friend's illness.
当她得知朋友生病的消息时,她感到极度痛苦。
The child cried in
distress after getting lost in the mall.
孩子在商场迷路后,惊慌失措地哭了起来。
He was wracked with
distress over his son's gambling addiction.
他对儿子的赌博成瘾深感痛心疾首。
The old man's
distress call for help echoed through the silent night.
老人求救的悲鸣在寂静的夜晚回荡。
She was experiencing financial
distress and had to sell her belongings.
她在经济困难中,不得不卖掉她的物品。
The team provided psychological first aid to those who were in emotional
distress after the disaster.
他们为灾难后的心理受创者提供了初步的心理援助。
His wife's passing left him in a state of profound
distress.
妻子的去世使他陷入深深的悲痛之中。
The soldier's
distress signal was picked up by a passing helicopter.
士兵的求救信号被一架路过的直升机接收到。
Her
distress was apparent from the tears streaming down her face.
她脸上的泪水显示出她的极度困扰。
After a long day at work, she sought solace in a warm bath to ease her physical and emotional
distress.
工作一天后,她通过泡澡来寻求安慰,以缓解身心的疲惫和压力。
"While we are bailing out companies in temporary distress as a result of the pandemic, we are also conducting dynamic risk monitoring and stress tests.
“在我们救助因疫情而暂时陷入困境的公司的同时,我们也在进行动态风险监测和压力测试。
Severe patients would appear as having acute respiratory distress syndrome," said Li Xin, director of the respiration department with China Resource & WISCO General Hospital.
In the latest symptom of their distress, China Railway Rolling Stock Corp, contending for a contract from the Washington, D. C. Metro, is labeled a potential source of "cyber security risks".
We are sorry for any distress caused by these unauthorized posts.
As the existing debt solutions involve the assignment of debt and asset disposal, Leshi has not yet received any cash paybacks, meaning the current plan cannot provide cash support to directly relieve Leshi from the financial distress caused by a lack of funds.
James Dubow may have an ace up his sleeve when he's summoned by businesses in distress.
Car-hailing platform Yidao Yongche is rumored to have fallen into financial distress.
[Photo/People's Daily Online]Car-hailing platform Yidao Yongche is rumored to have fallen into financial distress after its founder and former CEO claimed that 1.3 billionxa0yuan ($189 million)xa0was appropriated from the company by its top stakeholder, LeEco.
The foundation for recovery is not solid yet despite signs of a stabilizing economy, analysts said, adding that the country is still grappling with economic challenges including distress in the property sector, slowing external demand and souring private investment.
"With investor sentiment projected to deteriorate and worsening risks of debt distress in developing economies, lower overall global growth can be expected compared to previous projections," Beirne said.
- China delivered subsidies worth 6.5 billion yuan ($960.4 million) in 2022 to people in distress to help cushion the impact of price increases, the country's top economic planner said on Thursday.
The US Federal Reserve has raised interest rates by 375 basis points so far this year, which pushed up the dollar index to a 20-year high, and caused financial vulnerability, especially debt distress in poor countries.
Now one-third of emerging economies and 60 percent of low-income countries are in, or at high risk of, debt distress, and there will be a coming wave of sovereign defaults by developing countries.
The IMF also said China, together with other countries, can play a leading role in multilateral efforts to address global challenges amid the increasing threat of geo-economic fragmentation and rising levels of debt distress among several low-income countries and some emerging markets.
"Asia is now the largest debtor in the world, and several countries are at high risk of debt distress," said Srinivasan, pointing out that Asia's share of global debt has increased from 25 percent before the COVID-19 pandemic to 38 percent now.
The two shocks could intensify headwinds in terms of inflation, output, debt distress and even climate change, said Pierre-Olivier Gourinchas, IMF's economic counselor and director of the research department.
In particular, she called on major creditors to enter into debt restructuring with those nations that are battling both inflation and debt distress.
He noted that between 2013 and 2019 the share of economies which, according to the World Bank's assessment, faced a high risk of debt distress increased from 24 percent to 51 percent.
The foundation of the recovery, however, is not yet solid with lingering distress facing some businesses, thus the "no sharp turn" macroeconomic policy stance will remain intact, they said.
"We will further intensify the policy strength of helping businesses out of distress," Liu said, and reiterated the policy stance of "no sharp turn".
Nation likely to be only major economy to have achieved positive results in 2020China's economic growth is expected to equal pre-COVID-19 levels in the last quarter of 2020, and Beijing will ramp up efforts to help businesses still in distress and promote a more balanced recovery, experts said on Friday.
The World Bank estimates that 60 percent of low-income countries are heavily indebted and at high risk of debt distress.
The Chinese government has attached great importance to dealing with debt distress, by supporting capacity development to improve debt analysis and risk management, and by participating in multilateral roundtables for debt restructuring in debt-distressed countries.
Despite the financial distress facing Chinese property development giant Evergrande, the country's property market is expected to maintain steady development, the National Bureau of Statistics said on Wednesday.
尽管中国房地产开发巨头恒大集团面临财务困境,但国家统计局周三表示,中国房地产市场预计仍将保持稳健发展。
To help ease the burden of companies in distress, local governments have introduced a series of supportive policies such as reducing tax, cutting electricity prices and lowering lending rates.
"If the property sector's distress continues, risks could increase, potentially affecting more entities in the financial sector, said Fitch Ratings.
The IMF official considers it a priority to reduce debt vulnerabilities and rebuild fiscal buffers over time, noting that about 60 percent of low-income countries are in debt distress or at high risk of debt distress, compared with roughly 25 percent a decade ago.
Credit Suisse's one-year credit default swaps — the derivative showing the cost of insuring its bonds against default — surged to 1,000 basis points on Wednesday, similar to levels seen during the 2008 financial crisis and an indication that the bank is in deep financial distress.
All of these banks have submitted their suggestions for recovery and resolution plans to prepare for possible financial difficulties and restore their viability in a timely manner during periods of financial distress, in addition to making plans for tackling major risks.
That is because they are so large in assets, complex or interconnected that their distress or failure would cause serious harm to the financial system and the economy.
Commonly known as "living wills", resolution plans are detailed strategies for orderly resolution of material financial distress or failure of institutions.
"Hot IPO markets and high asset prices will also drive M&As, and we expect to see more M&A activity around corporate financial distress and debt restructuring even as the economy rebounds.
The country's target to "win the tough battle to end poverty" in time, however, is achievable, especially as policymakers have noted that the key is to close the gaps in China's social protection coverage, in order to help protect workers and households from the distress caused by job and income losses, and also to boost private consumption.
""But of course, some countries are going to be hit especially hard, and some of the weaker banks might need to be resolved," he said, "furthermore, in some countries, there could even be system-wide distress.
"A prolonged period of dislocation in financial markets could trigger distress among financial institutions, which, in turn, could lead to a credit crunch for nonfinancial borrowers, further exacerbating the economic downturn," the report warned.
A recent research report from Moody's said that in China, the contraction in the interconnectedness between non-banking financial institutions and commercial banks, mainly small-and mid-sized banks, continues to decline, as the regulations are tightening and shadow banking activities are contracting following distress in some regional banks.
The country will also grant US companies greater market access in the areas of credit rating services, electronic payments and management of debt distress.