Ministry proposes ways to boost lending to small and medium-sized business
Moscow - Itar-Tass
The Russian Ministry of Economic Development has proposed increasing the amount of loans issued to small and medium-sized businesses by 500 billion roubles by subsidising the interest rates. This can be done by placing 100 billion roubles from the National Welfare Fund through VEB Bank, the ministry said. Minister of Economic Development Alexei Ulyukayev said in this case loan interest rates would not exceed 10 percent per annum. At the same time, he said that the amount of loans and their limit would depend on how the economy develops.
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Paris - Emiratesvoice
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Beirut - NNA
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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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