World must 'seize the opportunity' of global recovery
chief Christine Lagarde
Washington - Emirates Voice
International Monetary Fund chief Christine Lagarde on Thursday said a worldwide economic recovery was taking hold, opening a window for countries to enact reforms aimed at attaining broader, lasting prosperity.
"The long-awaited global recovery is taking root," she said in an address Thursday evening at Harvard's Kennedy School of Government.
Countries around the globe are seeing renewed or sustained economic expansion, coinciding with greater stability in banks and market confidence, she said.
"Can the world seize the opportunity of the upswing to secure the recovery and create a more inclusive economy that works for all?" she asked.
Her remarks came the week before the IMF and World Bank are due to begin annual meetings at which the Fund will unveil updated forecasts for global growth.
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Taipei - 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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