Word: undercut
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...expected changes to the 35-hour week have materialized since France's Conservative government passed a measure in July designed to make it easier for bosses to force their employees to work more. The move retained the 35-hour week as the nominal legal reference to undercut union protest, but then rendered it nonsensical by giving employers a free hand to set far longer work requirements. So far, however, bosses haven't seen fit to make such moves. (See pictures of Sarkozy's visit to London...
...dollar for the past two weeks. But currency experts predict it could climb to 85 over the next few months - a level that could trigger intervention by the Ministry of Finance and the Bank of Japan, which would buy dollars in currency markets to boost the greenback and undercut the yen. Some analysts say the exchange rate could soon reach 80 yen to the dollar. That would almost certainly spark another plunge in Japan's beleaguered stock markets - another concern for Japanese authorities...
...anti-Clinton philanthropist Richard Mellon Scaife to discredit the President. In April, Holder wrote to Starr, urging him to look into the matter, and then released the letter to the press. The accusation rested on shaky stories by questionable sources, but the DOJ's public spotlighting of it undercut Starr's credibility as he was trying to get to the bottom of the Lewinsky matter. With Reno's approval, Starr asked a seasoned ethics lawyer to look into the charges, which he ultimately dismissed as false...
...predictable expressions of condemnation issued this week by countries like the U.S. and Britain, there's little that the West appears able to do to convince the junta, which has ruled since 1962, to treat its citizens more humanely. Economic sanctions by the U.S. and the European Union are undercut by the eagerness with which China and other Asian countries do business with Burma's generals. Although one of Asia's poorest nations, Burma holds a wealth of natural resources like timber, natural gas and precious stones...
...Coke and Betty Crocker have largely been banished for being too pricey. Aldi concentrates on selling core high-volume grocery products like ketchup and coffee. Want a choice in those categories? Forget it. By offering a single brand in a single size, Aldi executives say, the chain can substantially undercut conventional retailers on 90% of the products it sells...