Italian inflation enters negative territory in April
Consumer price index fell further this month
Rome - QNA
Consumer price index fell further this month, data showed Friday.
The National Institute of Statistics (Istat) said in a report that inflation fell to -0.1% this month, down from 0.2% in March. The result puts more pressure on the European Central Bank to act in its next meeting on June 5th.
The Eurozone has been facing a threat of deflation since the beginning of 2014. Last month, President of ECB Mario Draghi acknowledged last month that they might have to act if the risk of deflation remain. He did not clarify what actions are the ECB likely to take.
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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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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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