Russian Central Bank cuts interest rate to 12.5%
Russian Central Bank
Moscow - QNA
Russia's central bank trimmed key interest rate by 150 percentage points to 12.5%, a TASS news agency report said Thursday citing Bank of Russia's board meeting decision held today.
The decision goes in effect on May 5, 2015.
The central bank cut interest rate for the third time since the beginning of 2015. In January the rate was cut from 17% to 15%, to be then reduced by another percentage point in March to reach 14%.
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Paris - Emiratesvoice
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - Emiratesvoice
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to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
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