Lebanon\'s debts exceed $64bn
Beirut - KUNA
Finance Minister Ali Hassan Khalil said Tuesday Lebanon's debts in 2013 exceeded USD 64 billion, 59.4 percent of which in local currency. At a news conference in Beirut, Khalil said revenues rose by only one percent because of economic recession in 2012 and 2013 coupled with security unrest in neighboring Syria. The budget deficit widens to nine percent of GDP after the government approved an allowance to address high living costs, he said, which increased the burden of wages by 22 percent. "We are about to determine additional resources to address the deficit," he said
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Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
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Microsoft to open 4 data centres
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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