Economy: German Economy Grows 0.4% in Q4 of 2016
German Economy Grows 0.4% in Q4 of 2016
Berlin - QNA
The German economy grew 0.4 percent in the final quarter of 2016, official data showed Tuesday.
German news agency DPA reported today that the higher growth was mainly due to greater private consumption and a construction boom. the Federal Statistical Office said today that Europe's largest economy grew by 0.4 percent in the three months ending December 31 compared to the previous quarter. Growth in the third quarter of 2016 was 0.1 percent. For the full year, Germany posted economic growth of 1.9 percent, the country's best result in five years.
German’s statistics office says that foreign trade held back growth in the last three months of the year, with imports growing much faster than exports. Growth was supported however by government spending, and a small pick-up in consumer spending too.
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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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