111.   An opponent to easing sanctions said the move undermined US credibility on a key issue.

112.   Anything which undermined the credibility of the central bank, or imposed low interest rates and weakened the franc, would run counter to this strategy, analysts noted.

113.   And one analyst said such weakness only undermines the credibility of the governments of Egypt, Jordan and Saudi Arabia before their own people who could explode in anger.

114.   But Guntermann disagreed, saying that altering the pact at such an early stage would only undermine its credibility even further.

115.   But this attitude might merely be temporary, otherwise the bank would risk undermining its credibility, he said.

116.   But the deal may undermine the credibility of the euro, analysts said.

117.   But the discord over who should nurture the new organisation into effective existence was beginning to undermine the credibility of the exercise.

118.   Claes however has maintained that there is no reason he should resign, despite concern that his position is undermining the credibility of the alliance.

119.   Earlier this week, senior government officials had warned that France risked undermining the credibility of the pact by ignoring limits on government deficits.

120.   Meraz came under grilling by prosecutor Marcia Clark, who tried to undermine his credibility by portraying him as a liar and a thief.