Word: nearings
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...physical-education teacher turned assassin (both the CIA and Pakistan's intelligence agencies say he is behind the attack that killed former Prime Minister Benazir Bhutto in December), slaughtered 22 government negotiators seeking to cement a cease-fire accord. And on July 6 a suicide bomber blew himself up near Islamabad's Red Mosque, killing 19. While no one has claimed responsibility, it's assumed that the attack was in revenge for the death of some 100 Islamic militants who died in clashes with security forces at the mosque exactly a year ago. "Radicalism is on the rise," says political...
...that successful golf incorporates elements of reincarnation, as the completion of each shot sets up a new beginning for the next one. Now 27, Rose has finally emerged as one of Europe's top golfers, and is among the favorites to win when the Open returns to Birkdale, near Liverpool, on July...
...have lights, so be off the streets by sundown, and quench your thirst at the Fizz juice bar, tel: (855-92) 360 632, which is a short distance from the main riverfront bar and restaurant area on Sisowath Quay. For dinner, Khmer-Thai Restaurant, tel: (855-92) 810 812, near Tuol Tumpong Market, has quality food, trendy surroundings and a relaxed local atmosphere...
...jumped a spectacular 35% in April. "There are always monthly fluctuations," says Wortmann. For the first six months of 2008, the industry is still expecting growth of at least 5%. One heartening factor: the engineering firms' factories continue to hum at an impressive pace - capacity use is at a near-record 91%, and there has been a big increase in investment to add new capacity, even this year. If he's right and the outlook for German exports and investment remains robust, it will do a lot to keep the rest of Europe afloat...
Trichet's critics, including French President Nicolas Sarkozy, say it makes no sense for the ECB to raise interest rates to fight frothy commodity-market prices, and Trichet himself signaled that the bank isn't planning any more rate hikes in the near future. But surging inflation poses a huge threat to Europe's chances of beating the downturn, especially when combined with weak growth. Inflation is perhaps the trickiest economic indicator to forecast: for example, over the past year, the ECB's staff has based each of its inflation projections on an assumption that oil prices will stabilize...