Your English writing platform
Discover LudwigSuggestions(1)
Exact(2)
A handful of countries, including India and South Africa, which depend on foreign capital to finance their trade deficits have already seen their currencies fall by around 10% since the beginning of May, merely on the prospect that the Fed might take its foot off the monetary-policy pedal (see chart).
WASHINGTON — As Europe and Asia play down the need for an American-style bailout for their banks, the crisis may threaten a different class of countries: those in Eastern Europe, Latin America and Africa that depend on foreign capital and shoulder American-style trade deficits.
Similar(58)
Unlike Argentina, which depended on foreign capital to balance its books, Japan is expected to work out stopgap solutions within the family.
Thus Mexico depends heavily on foreign capital.
Such projects bring capital, additional employment, and infrastructure improvements, but Kiribati continues to depend on foreign aid for most capital and development expenditure.
The crisis, by squeezing the flow of capital, threatens countries from the Baltic to Africa that depend on foreign money to finance their deficits.
Foreign venture capital is pouring in.Without home-grown technology, India and China have to depend on foreign firms, and they do not like it.
Isis does not depend on foreign patronage to survive.
Afghanistan's finances depend on foreign aid and opium.
Almost all such programmes depend on foreign donors for money.
Security in Somalia does not depend on foreign troops or foreign aid.
Write better and faster with AI suggestions while staying true to your unique style.
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