ECB expects inflation to hit 1.7% in 2020, still below goal
The European Central Bank
Frankfurt am Main - Muslimchronicle
The European Central Bank on Thursday said it expects inflation to hit 1.7 percent in 2020, still short of the bank's target of just under 2.0 percent that is seen as most favourable for growth.
For 2018, the bank slightly lifted its forecast from 1.2 percent to 1.4 percent.
Consumer prices are expected to rise by 1.5 percent in both 2017 and 2019, according to staff projections, unchanged from the last forecasts unveiled in September.
- Friday ,17 November GMT 13:20 2017 VW says will invest over 34 bn euros in cars of the future by 2022
GMT 14:50 2017 Thursday ,14 December
ECB ups eurozone growth forecasts for 2017-2019GMT 13:20 2017 Friday ,17 November
VW says will invest over 34 bn euros in cars of the future by 2022
In The Swiss Alps
Five things to know about Davos
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
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
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
GMT 07:10 2017 Wednesday ,18 October
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British PM proposes two-year transition period after Brexit
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Egypt police probe motives of Red Sea beach attacker
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45 Daesh suicides killed in Mosul, Tal Afar
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December 21 - January 18
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ISIS flag seen on Islamabad highway
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UN envoy: International community committed to peace in Yemen
GMT 04:20 2017 Sunday ,27 August
Iran, Saudi Arabia to exchange diplomatic visits
GMT 18:15 2016 Monday ,19 December
Daesh-claimed blast kills at least 52 outside Yemen military camp
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