Turkey posts highest current account deficit in three years
Ankara - XINHUA
Turkey's current account deficit in 2013 soared 33.7 percent year-on-year to 65.4 billion U.S. dollars, the second highest reading on record, the central bank said Thursday. The figure was the second worst in history since a record current account deficit of 75 billion dollars was posted in 2011. The latest rise in current account deficit was attributed mainly to an increase in foreign trade deficit, the bank said in its annual report. Turkey's foreign trade deficit in 2013 rose 18.7 percent to reach 99.8 billion dollars. Economists worry that the enlarging current account deficit would further jeopardize Turkey's economic future, making it more vulnerable to external economic fluctuation.
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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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Festive Fashion by Dubai-based designer ASMARAÏA
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