Cyprus needs 17 bn euro bailout
Nicosia - AFP
Cyprus needs 17 billion euros in aid from international lenders to bail out its struggling economy, hit by recession and fallout from the Greek debt fiasco, the finance minister said on Thursday. \"The amount comes at around 17 billion euros ($21.8 billion),\" Vassos Shiarly told reporters, referring to a four-year period through 2016. \"It\'s what we said in the past on the proviso the banks need 10 billion (euros), which isn\'t our figure,\" Vassos Shiarly told reporters Thursday. An independent audit of the banks\' requirements is still underway, so the final figure has not yet been announced.
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Paris - Emiratesvoice
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Emiratesvoice
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'Friendly and kind' N. Korean skaters
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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