US judge blocks Citi handling of Argentina debt payments
A US judge blocked Citigroup
New York - AFP
A US judge on Thursday blocked Citigroup from handling payments on some of Argentina's bonds amid a legal battle that has put the country into default.
Judge Thomas Griesa of the district federal court in New York rejected the US bank's request to process the payments, saying they would violate his ruling that Argentina must first pay off so-called "holdout" hedge funds before it can pay a certain class of creditors.
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Beirut - NNA
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Taipei - Emiratesvoice
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Paris - 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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