Draghi says ECB 'didn't discuss' winding down bond purchases
European Central Bank
Frankfurt - Arab Today
European Central Bank chief Mario Draghi said Thursday the governing council "didn't discuss" winding down its massive bond purchases, after a report that an end may be in sight spooked investors earlier this month.
"We didn't discuss tapering" or gradually phasing out the 80-billion-euro a month quantitative easing programme, Draghi told reporters after a meeting of the governing council.
Investors were eagerly awaiting clarification on the bank's next move on its stimulus programme, after a Bloomberg article suggested the ECB was considering "tapering".
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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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