Russia budget deficit in 2013 worth $9.2bn
Moscow - QNA
Russia ran a budget deficit in 2013 of $9.2 billion, the Russian Finance Ministry said TuesdayThe ministry’s reports said that the figure amounts to between 0.5-0.9% of Russia’s GDP. The smaller revenues were in part due to slower economic growth made last year, this is despite the budget surplus that Russia managed to make since the turn of the century due to the increase in oil prices. Based on the budget signed last year by Russian President Vladimir Putin, Russia will record a budget defeicit of $12 billion this year and of $25 billion in 2015.Russia’s total income last year was $386 billion, the Finance Ministry said.
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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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