OPEC leaves oil output ceiling unchanged
Vienna - AFP
OPEC decided to leave its oil output ceiling unchanged, Algerian Energy and Mines Minister Youcef Yousfi said Thursday after a key meeting in Vienna. The 12-nation Organisation of Petroleum Exporting Countries (OPEC), which pumps one third of the world\'s oil, decided \"to keep\" its actual output ceiling at 30 million barrels per day (bpd) that was agreed in December, Yousfi said. \"It was a good meeting,\" UAE Energy Minister Mohammad bin Dhaen al-Hamli told journalists as he left the meeting at OPEC headquarters in Vienna. Saudi Arabian Oil Minister Ali al-Naimi added that he was \"happy\" without elaborating. More details are expected at a press conference with OPEC secretary-general Abdullah El-Badri and Iraqi Oil Minister Abdulkarim al-Luaybi. At Thursday\'s meeting, ministers grappled with plunging crude prices, the eurozone debt crisis and the weak global economy.
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Beirut - NNA
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Paris - Emiratesvoice
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Taipei - Emiratesvoice
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Paris - 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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