US economy slows in fourth quarter to 1.9%, 2016 growth 1.6%
Washington economy
Washington - Arab Today
The US economy slowed sharply in the final three months of the year, due to a downturn in exports, which meant growth in 2016 was well below 2015, the Commerce Department reported Friday.
The first estimate of Gross Domestic Product showed the economy slowed, posting growth of 1.9 percent in the September-December period, well below the 3.5 percent pace of the third quarter. For the full year, the economy expanded 1.6 percent, a full point below the pace of 2015 and the slowest pace since 2011.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Sanaa - Muslimchronicle
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Paris - Muslimchronicle
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" opened 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 his
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
