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The phrase "augurs ill for" is correct and usable in written English.
It is typically used to indicate that something is likely to have negative consequences or outcomes.
Example: "The recent decline in sales augurs ill for the company's future profitability."
Alternatives: "bodes poorly for" or "signals trouble for".
Exact(20)
That augurs ill for Britain's economic prospects—and for Gordon Brown's increasingly beleaguered government.
TODAY'S news of coordinated and very deadly bomb attacks in Baghdad clearly augurs ill for Iraq in the coming year.
But the mess in the UN's top human-rights agency augurs ill for the reform of the UN as a whole.
The outlook for the euro-area economy is deteriorating fast, which augurs ill for attempts to wrest the finances of indebted countries under control.
That augurs ill for consumer spending, which has been buoyed over the past couple of years by another bout of rapid house-price inflation.
The genesis of the downturn—a financial crisis that came close to toppling Britain's banking system is one that augurs ill for a robust recovery.
Similar(40)
Job cuts, slumping asset prices and a worsening credit drought augur ill for consumer spending too.
His arrest early in January 1808 seemed to augur ill for the colony's more prosperous settlers, including the corps officers.
This increasingly alarmed the populace and augured ill for the future of the federalist party of Quebec.
Although Rome far surpassed any other ancient city in size and monumental splendour, its minimal economic and social achievement augured ill for the future.
Kazakhstan's choice of China to develop its second biggest field may also augur ill for others Europeans, Russians and Turks who seek stakes in Central Asia's energy reserves.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com