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This deficit has undermined confidence in the currency, the kwacha, which plummeted last year.
For the last few decades, though, our growing trade deficit has undermined the relationship between spending and growth.
Similar(58)
An irresponsible spending spree and a string of deficits have undermined his earlier claim to be a prudent chancellor.
Instead, our bilateral trade deficit has increased 170 percent, largely because China has undermined free-market competition through illegal subsidies and currency manipulation.
Yet few understand how a swelling manufacturing trade deficit, which has grown ten-fold since 1984 to over $800 billion in 2007, has undermined the nation's financial position.
The discovery that the statistics could not be relied upon has undermined efforts to convince jittery markets of the credibility of the Greek government's deficit-cutting plans.
"Glasnost" has undermined Soviet discipline.
She has undermined Paul at every opportunity.
It has undermined I.D.F.
"He has undermined that".
"The American government has undermined security by undermining encryption.
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