Fitch cuts Japan's credit rating by 1 notch over debt fears
Japan's credit rating cut by Fitch
Tokyo - Arab Today
Fitch on Monday cut its credit rating on heavily indebted Japan by one notch, warning that Tokyo had not done enough to plug a budget gap left by its decision to delay a sales tax rise.
The move saw Japan's rating trimmed to "A" from "A+" and comes several months after rival credit agency Moody's also downgraded Japan's credit rating, citing "rising uncertainty" over the debt situation and Prime Minister Shinzo Abe's faltering efforts to kickstart the world's number three economy.
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - 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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