South Korea to raise defense budget by 5.2% next year
South Korean companies
Seoul - Yonhap
South Korea said Thursday that its defense budget for 2015 will increase 5.2 percent from this year due mainly to spending to boost the military's defense capacity and propping up the safety and welfare of service personnel.
The defense ministry's budget for next year will amount to 37.6 trillion won (US$36 billion), compared with this year's 35.7 trillion won, according to the government's new budget plan approved by the Cabinet. It requires parliamentary endorsement.
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Taipei - Emiratesvoice
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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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