Memories of Swiss franc crisis linger one year on
Switzerland’s notorious Swiss franc crisis
London - AFP
Switzerland’s notorious Swiss franc crisis, which rocked markets one year ago and sent the currency spiking, could return to haunt traders, some analysts warn. The nation’s central bank stunned foreign exchange and other financial markets on January 15, 2015, when it unexpectedly scrapped efforts to stop the franc rising against the European single currency. The Swiss National Bank (SNB) decided to abandon the minimum rate of 1.20 francs against the euro that it had been defending for more than three years.
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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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