US growth short of forecasts in second quarter at 1.2%
US
Washington - Arab Today
The US economy grew at a modest 1.2 percent in the second quarter of this year, falling well below analysts' expectations of 2.6 percent, the Commerce Department reported Friday.
Growth in the first quarter of 2016 was also revised downward, from 1.1 percent to 0.8 percent, reflecting lower results from exports and residential fixed investment -- which includes money spent on homes and made from selling them.
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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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All rights reserved to Arab Today Media Group 2023 ©
