Spain will not set up bad-asset bank
Madrid - Qna
The Spanish government will not set up a state bank that would hold the country''s ailing banks'' real-estate assets, Spanish media reported Thursday, citing government sources. Despite the opposition shown by major Spanish banks, such as Banco Santander SA (STD) and Banco Bilbao Vizcaya Argentaria SA (BBVA), former Spanish savings banks were in favour of a state-run bank that would take in property-related assets now held by the sector. Earlier this week, Finance Minister Luis de Guindos said that no final decision on this matter had been made. (QNA) SSS/LY
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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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