**Here are 10 examples of using the word «straits»:**
1. The company is in financial straits and may have to lay off some employees.
2. The country is facing economic straits due to a decline in tourism and a rise in unemployment.
3. The ship found itself in a narrow strait between two rocky islands.
4. The company's reputation was damaged after it found itself in legal straits over a product recall.
5. The family was in financial straits after losing their job and having to pay off debts.
6. The city is located in a geographically difficult area, with narrow straits and rocky shores.
7. The country's political situation has become increasingly tense, with the government in financial and political straits.
8. The team was in a tight spot in the game, but managed to pull through and win in the end.
9. The company has been in a financial crisis for several years, struggling to get out of its straits.
10. The country has been facing environmental problems for a long time, with pollution and environmental degradation putting it in a difficult strait.