Italy\'s public debt hits record high
Rome - ANSA
Italy\'s public debt hit a record high of 1,946.083 billion euros in March, the Bank of Italy said on Monday. The previous high was registered in January, when the State was 1,934.98 billion in the red. Italy has one of the biggest national debts in the world at around 120% of GDP, a factor which has put it at the centre of the eurozone debt crisis. The figures are bad news for Premier Mario Monti, whose emergency government of non-political technocrats sought to put Italy on course to balance the budget next year with a tough austerity package of spending cuts and tax hikes in December.
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France's Carrefour revamps operations
Paris - Emiratesvoice
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Singer Bruni arrives in Beirut Sunday evening
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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