U-turn

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U-turn

a sudden reversal of government ECONOMIC POLICY, often resulting from some unforeseen event (such as the oil price increases of 1973 and 1979, and the depreciation of the UK pound in 1992) or a rethink of a particular policy initiative that has failed to have its desired effect.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Saad also hosted a small panel discussion with a few of its partners, including 7awi, MBC, Discovery and Uturn.
UTURN, which has more than two billion lifetime views, 100 billion monthly views and a massive fan base of more than 36 billion followers, will provide forum participants the chance to meet the network's teams, actors, anchors and producers throughout the event to give them insights into the role of social media in forming the culture and outlook of future generations.
in5 alsoprovides state-of-the-art facilitiesincludingfully-equipped production and recording studios, screening rooms and editing suites to give students, entrepreneurs and startups, as well as media content creators the opportunity to develop their ideas and produce engaging content.Furthermore, the winnerwillreceive all-inclusive production support from UTURN and an exclusive opportunity to be featured on its platform.
He said the government was held hostage by a single person Maulana Fazlur Rehman of Jamiat UlemaeIslam (JUIF) and this was the reason that it had taken a 'Uturn' over a cabinet decision to get Fata reforms bill passed from the parliament.
Kaswara Al Khatib, founder of Uturn, said: "Since our launch, Uturn has consistently scaled new heights in creating and delivering memorable content to audiences across our region.
They will reach 'Shakarparian Signal' after crossing Faizabad flyover and to take Uturn from there to access route number 1.
Unilever sole sponsor of YouTube channel UTurn in annual dea lIn June 2014, YouTube said it had signed one of its biggest commercial deals in the Middle East and North Africa till then.
CCTV showed Burke's car pass his victim in the street before doing a Uturn and parking up so that he could then follow her.
Yahoo Maktoob also announced a partnership with leading producer of original video content in Saudi Arabia, UTURN.
WARWICKSHIRE MPs helped force ministers into a Uturn over proposals to relax planning rules for home extensions.
UK Sport has performed a uturn and agreed to fund basketball to the tune of several million pounds - less than two months after ruling the sport would not have a penny for its Olympic programme.