Fed worries about China slowdown, strong dollar
A worker walks through Qingdao port
Washington - AFP
Federal Reserve policymakers voiced concerns about the impact of the slowing global economy, led by China, and the stronger dollar on the US economy last month, a Fed document showed Thursday.
At the September 16-17 meeting of the Federal Open Market Committee, several participants were worried about downward inflation pressures from lower energy prices and the appreciation of the dollar, according to the minutes of the meeting. The FOMC decided it was "prudent to wait" for more information before raising the key interest rate from near zero.
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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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