Word: hottest
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...sharing of capital gains or losses. But even with post-Sept. 11 suspicions that Islamic banks may fund terrorist organizations, demand for the services of ifis is on the rise from the towers of Bahrain to the streets of London. Indeed, they represent one of banking's hottest sectors. A recent report by Standard and Poor's found that the growth rate of Islamic banking services outpaced that of conventional banking during the past decade. "Most observers agree on an annual growth rate of 10%," says Anouar Hassoune, a Standard and Poor's analyst in Paris. "Total assets now managed...
...Right now, the way they’re playing, it’s going to take a perfect effort [to win],” Deraney said. “They’re the hottest team in the country right now. We’re just going to try to compete the best we can and play Providence-style hockey and see if it’s going to be good enough...
...genius. Now throw real estate into the mix. Soaring home prices have left millions of homeowners--especially on the coasts and in hot cities like Denver--sitting on piles of loot. Lately, prices have been cooling in some cities. But that's after doubling over five years in the hottest markets. The median home price nationally is up just 30% over five years. Still, with a typical down payment and purchase price, that amounts to a doubling of home equity...
...working against the country's cellular duopoly, China Mobile and China Unicom. Earlier this year, China's heady subscriber growth rate started to sag; after surging 60% in 2000 and 88% in 2001, growth this year is projected to fall to 40%. Suddenly China isn't the world's hottest market?that's India, where annual growth this year is expected...
...Britain, of course, believe they have evidence of active Iraqi nuclear, chemical and biological programs. If these are not declared by Baghdad on Dec. 8, the next step by Washington and London will likely be to provide Blix's team with their hottest intelligence to point them to the locations where they'll catch Iraq red-handed. And if that happens, an invasion will likely be inevitable. But until it does, the allies Washington seeks in Europe and the Arab world may be inclined to defer their own decisions about participating...