Moody's cuts Turkey debt rating to 'junk' level
Washington economy
Washington - Arab Today
Moody's cut Turkey's sovereign debt rating by one notch to the speculative or "junk" level of "Ba1" Friday, saying the country's finances have weakened amid increased political turmoil.
"Turkey continues to operate in a fragile financial and geopolitical environment," Moody's said. "Its external vulnerability has risen, both over the past two years and more recently as a result of unpredictable political developments and volatile investor perception."
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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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