Paper: Pound sterling value hits new 31-year low against the dollar
British pound nears 31-year low against US dollar as Brexit debate continues. Sterling hit
London - MENA
Fears of the consequences of a Hard Brexit have sent the pound tumbling to a new 31-year low against the dollar, according to the Independent.
Speaking at the Conservative Party's annual conference in Birmingham on Sunday, Theresa May has ended weeks of speculation and revealed that she will launch formal Brexit talks with EU leaders before the end of March 2017.
The timing means the UK looks set to leave the EU by summer 2019.
Sterling has fallen to $1.2764 in early trading on Tuesday, extending its losses from the previous day.
That is its lowest level since June 1985, and almost 15 per cent weaker than before the EU referendum on June 23.
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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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