1.   He must restore plummeting international confidence without bringing on a needlessly severe contraction.

2.   In particular, Indonesia, South Korea, Thailand, Hong Kong and Malaysia are undergoing severe contractions in their economies and spikes in unemployment.

3.   Naturally, the Bank of Japan could guarantee funds in a banking crisis or loosen monetary policy to avoid severe economic contraction.

4.   The decrease is concentrated in Asia and Russia, where severe economic contractions have reduced millions of people to poverty and now threaten to spread to South America.

5.   As banks refuse to lend or start to call back their loans, what we have here is a severe contraction of credit.

6.   Tamura said the financial crisis in Thailand will result in a severe contraction of the consumer electronics market.