IMF cuts US growth forecast to 2.1% for 2017-2018
International Monetary Fund
Washington - Arab Today
The lack of details on President Donald Trump's plans to reform the US economy prompted the International Monetary Fund on Tuesday to cut its growth forecast for this year and next.
The IMF in January raised the estimates on the expectation of fiscal stimulus from the Trump administration, but have reverted back to previous calculations, which project the economy to expand by 2.1 percent in 2017 and 2018, down from 2.3 percent and 2.5 percent, respectively.
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London - DPA
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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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