31. Renewed weakness in the regional currency markets, particularly the rupiah, triggered sudden reversal in regional equities markets including the Malaysian stock market. 32. The sudden reversal apparently stems from promises Moi made to World Bank President James Wolfensohn in January to battle economic problems and corruption. 33. Then came the sudden reversal of fortune. 34. This sudden reversal of capital flows caused the national currencies to collapse, leading to the expected bank and business failures and increased unemployment. 35. Analysts said however that they expected no sudden reversal of Russian foreign policy. 36. Another straw in the wind was seen in a sudden reversal of sentiment on the French bond futures market. 37. The sudden reversal on the tax issue risks chipping away at his credibility unless he comes up with credible cuts to federal expenses to offset the lost tax revenue. 38. It marked a sudden reversal of fortunes for Myers, whose replacement with State Department spokesman Michael McCurry had been widely reported to be a done deal. |