Word: undercutting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Massa, Beck found a sort of liberal doppelgänger, a mesmerizing train wreck of a man who was impossible to undercut in the classic fashion. To many conservative allies of Beck, it probably didn't come as too much of a surprise. In recent days, prominent Republicans like Bill Kristol had expressly warned Beck and others about coming to Massa's defense just because he was alleging dirty tricks by the Obama White House. "We shouldn't get into the business of being pro-Massa just because we are anti-health care," Kristol said on Monday...
...Indian economy is not immune to risks. The government has to contend with a yawning budget deficit, and last year's weak monsoon rains will likely undercut agricultural production and soften rural consumer spending. But rapid growth is expected to continue. The World Bank forecasts India's economy will surge 7.6% in 2010 and 8% in 2011, not far behind the 9% rate it predicts for China for each of those years. Indian Prime Minister Manmohan Singh, when speaking about his country's more plodding pace of economic policymaking, has said that "slow and steady will win the race...
...Belarus is most likely a bluff. It would be costly and difficult for Kazakhstan to ship oil to Belarus, and Belarus could not afford to pay fair-market prices anyway, says Denis Borisov, an analyst at Bank Moskvy, one of Russia's largest banks. Kazakh companies could, however, undercut Russian bids for the Naftan refinery, he says, which would be a major blow to Russia's energy strategy in Eastern Europe. (See pictures of the Russia-vs.-Georgia...
...allies are accused of using the levers of government to give a boost to the gran capo's business interests (which also include publishing, real estate and financial holdings beyond the core television company). Indeed, critics say that Mediaset has relied on favorable legislation in its recent efforts to undercut the Sky Italia satellite TV network set up by Berlusconi's rival, Rupert Murdoch. (Read "Berlusconi vs. Murdoch: Italy's Real Reality...
...favor or whatever the market will bear. The prospectus offered by the lead investors, Tishman Speyer and Larry Fink's asset-management fund BlackRock, imagined evicting 50% of rent-regulated tenants in just a few years. But tenants fought back and won in a court decision that also undercut plans for using city tax abatements to further sweeten returns on apartments pushed into luxury decontrol. The upshot, according to a recent Deutsche Bank analysis, is that the property, purchased in late 2006 for $5.4 billion, "would fetch less than $2 billion if sold into the current dislocated market." It added...