Word: indexable
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Dates: during 2000-2009
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...France, the consumer outlook has held steady. But spending in November declined 1.7% from the previous month, so analysts are anxiously awaiting December results. German consumers have already surrendered. According to retail giant Metro, 2002 was the worst year for German stores since World War II. The consumer sentiment index has dropped to the same level as in recessionary years 1993 and 1996. Nor is Britain insulated from uncertainty. Over the past two years, consumer spending has been buoyed by the country's strong housing market, and from April 2001 to April 2002 - when monthly same-store sales grew...
...Percentage decline of the Standard & Poor's 500 index in 2002, the worst annual drop since...
...Number of years since the previous time the index fell for three straight years...
...yoga holiday in thailand seemed sensible when I was at my desk surfing the Web. But now that I'm on the mat and exercising more than my index finger, it's a different matter. As I press my chin towards my knee, the burn radiates from my hip and spreads down my thigh. I stare out at the jungle and contemplate my decision to come here. It arose from the innocent desire to wash years of living in Hong Kong out of my system. Breath-ing air chunky with particu-lates, eating mercury-laden shellfish and sharing close quarters...
...territory," notes Rumman Faruqi, ceo of the London-based Institute of Islamic Banking and Insurance. "We have a lot of catching up to do." But the sector remains upbeat. "We are seeing more risk-taking innovations in Islamic asset management," says Rushdi Siddiqui, director of Dow Jones' Islamic Market Indexes, which lists about 1,400 Shari'a-compliant stocks in its global-equity index. "Islamic banks and investors have become more sophisticated and will demand more complex investment vehicles," Hassoune predicts. And as long as there are believers like Uddin, the future of Shari'a-compliant banking looks bright...