Word: undercuttings
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Dates: during 2000-2009
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...State Condoleezza Rice described Israel's pummeling of Lebanon as "the birth pangs of a new Middle East." A return to the old Middle East, more like it. Israel withdrew its forces from Lebanon, despite achieving few of its objectives. But U.S. support for Israel's bombardments gravely undercut the pro-American Siniora government to which Pierre Gemayel belonged and that now may not survive Hizballah's bid for greater power. As I watch dramatic events in Lebanon yet again, the U.S. looks no more able to direct events than it was two decades ago when Pierre Gemayel's uncle...
...rationale for criticism. It does not appear to matter that the seminar’s original objective, as printed in its syllabus, was to discuss U.S. power under the framework of international law. It is deeply troubling that an academic like Professor Scott would both eschew objectivity and undercut independent thinking in order to indoctrinate students with anti-American sentiments. Even more unsettling is that she teaches in Australia, one of the United States’ most ardent supporters in the war on terror. This seminar is merely one illustration—a particularly troubling one?...
...Infrastructure investment has dropped off so much in Mexico that for relatively light goods, it is just as cheap for the U.S. to import from China as from southern Mexico. And although a Mexican wage earner is paid three times as much as his Chinese counterpart, high domestic prices undercut, and nearly level out, his purchasing power. (Conversely, high domestic prices also push up those wages, further undermining Mexican firms' competitiveness.) "For Latin America, China is an incredible opportunity as a driver of commodity prices, but for Mexico it is strong competition," says Sergio Kurczyn, an economist with Banamex, owned...
...gold rushes before, many of which ended with little return--or large losses--for investors who stampeded in. This time, many foreign companies seem set to make a tidy profit, not least because the hotel business is one industry in which Chinese firms are not yet equipped to undercut overseas rivals while also providing the requisite quality of service. "You can knock off Prada or Montblanc," says Ralph Grippo, China manager for the Ritz-Carlton hotels. "But there's no way you can knock off luxury service. It's about human beings and experience. That's not something...
Behind the hype—whether justified or not—is an important theme: respect for the peoples of the Global South and their institutions. There are certainly variations in individual cases, but in general, international adoption seems to undercut the dignity of many of the world’s peoples...