OECD: Group\'s average economic growth slows
Paris - KUNA
The Organisation for Economic Cooperation and Development (OECD), which comprises the world''''s most industrialised nations, said Thursday that average growth in the OECD area slowed to 0.5 percent in the last quarter of 2013 compared with 0.7 percent in the previous, three-month period. In a report published here, the industrialised group said that destocking of inventories had contributed to the slowdown in Gross Domestic Product (GDP) expansion but private consumption had helped spur on growth by 0.4 percent and this factor was a key element in the advance in several nations, notably the United States. The OECD includes 34 nations from North America, Europe, Asia and Australasia.
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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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