Japan's Economy Expands Annualized 1.0%
Tokyo - QNA
Japan's economy grew an annualized real 1.0 % in the fourth quarter of 2016, boosted by strong exports and corporate spending, the government said Monday, but with weak private spending leading to questions about the sustainability of the solid growth.
The fourth straight quarterly expansion in inflation-adjusted gross domestic product for the October-December period corresponds to a 0.2% increase from the previous quarter.
GDP is the total value of goods and services produced at home, according to Japan's News Agency (Kyodo).
Increased shipments to the United States and China lifted Japan's overall exports by 2.6%, while imports rose 1.3%, marking the first gain in five quarters, the Cabinet Office said
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Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
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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