ECB cuts key deposit rate to -0.30%, leaves other rates unchanged
ECB
Frankfurt - AFP
The European Central Bank on Thursday cut one of its key interest rates, the so-called deposit rate, to minus 0.30 percent in a bid to kickstart chronically low inflation in the euro area.
At the same time, the ECB held its other two key interest rates, the refi and the marginal lending rates, unchanged at 0.05 percent and 0.30 percent respectively.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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