Word: demands
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...recent years on the back of rising housing prices. But in all three countries, red-hot housing markets have suddenly gone cold. With jittery banks slashing the range of available mortgages, and rocketing gas prices nudging inflation to 3.8% - well above the Bank of England's 2% target - demand in Britain's housing market has been choked. House prices fell 1.7% last month, according to Halifax, a major mortgage lender, and a total of 8.8% over the past year. That's hit Britain's construction business hard. Shares in Taylor Wimpey, the U.K.'s largest house builder, have fallen more...
...from a commercial bank or an NGO. Any student who has taken N. Gregory Mankiw’s course or read his textbook can tell you that if you allow markets to operate freely, new firms will enter the market and drive down profits and prices until supply equals demand. Even in developing countries today, we see that principle in action as new banks are entering the market and offering lower interest rates. If this continues and the operational costs decrease as technology increases, interest rates could fall to levels as low as in the United States. The microfinance industry...
...Vladimir Putin, is. Though Moscow is a major oil producer and sells arms to Tehran and Syria (among others) in the Middle East, it presumably would want to avoid the crisis an Israeli strike might bring. For one thing, another big spike in crude oil prices could cripple oil demand in the west, and drive down global prices for the other commodities Russia exports. But so far Moscow has shown no public inclination to support tougher sanctions than those that already exist on Iran. A Russian government spokesman confirmed that Iran would be on the agenda when Bush sees Putin...
...long-term pact came as U.S. leaders began suggesting they were ready to consider a significant drawdown of U.S. troops in Iraq, where violence has dropped significantly since the beginning of the year. Sadr appears to have grown impatient with the deadlock, which prevents any movement on the central demand of his armed movement: U.S. withdrawal. The offer by Sadr, easily the nimblest player in the politics of violence practiced in Iraq, has effectively seated him at the negotiating table with the Americans despite his having broken with the government of Iraqi Prime Minister Nouri al-Maliki...
...China transformed over the last two decades from an Olympic afterthought to athletic powerhouse and travel restrictions on its citizens eased, Chinese coaches suddenly have found themselves in hot demand. With the Games in Beijing, their home-turf knowledge is an advantage. Their expertise is particularly valued in sports in which China has traditionally dominated at the Olympics, such as diving, weightlifting, table tennis, gymnastics, and volleyball...