81. This sudden reversal of capital flows caused the national currencies to collapse, leading to the expected bank and business failures and increased unemployment. 82. To make things worse, a series of scandals and business failures such as the closure of Yamaiichi placed the country on a more difficult position towards recovery. 83. UBS says Nortel is the more likely Cisco prey, suggesting Murray Hill, New Jersey-based Lucent will remain integrated barring major management changes or business failures. 84. Interest rates have hit record levels, deepening fears of business failures and layoffs as the economy contracts. 85. There is a need too, to remove the stigma of business failure in Switzerland, which a venture capital industry would help do. 86. Opponents warn that the cost will be business failures and unemployment with a potential for unrest. 87. The improving performance of the economy was underlined by statistics showing a big dip in the number of business failures. |