5/30/2023 0 Comments Valentino russian collection![]() The key element being the soft arc of the bodice shape continually repeated through differing methods and techniques folded, draped, pleated this list goes on. The shaping was paramount within the silhouette of the collection. The patterning and colours and the fluidity of the clothes would certainly have not deterred a choreographer. There was a hint of the Ballets Russes and the great artists who worked for Diaghilev like Jose Maria Sert, Chagall, Matisse and Bakst. In addition, some amazing baroque prints where grass-green and lilac, lemon, cherry, aqua with white, were just some of the combinations. The palette including clay, terracotta, iced pink, tangerine, Valentino red, and aqua blue. ![]() Of course colour was gloriously featured as well. In a season of colour, when Pier Paolo Piccioli has eschewed black in recent couture shows, this was a fashion moment. Sixty three looks, the first twenty of them in top-to-toe black. Paris Fashion Week – Les Invalides October 1st, Paris. The cataclysmic floods last year inundated a third of the country, displaced more than 33 million and caused economic damages to the tune of USD 12.5 billion to Pakistan’s already teetering economy.Valentino Spring 2019 – a designer in his prime. The reserves at the start of the fiscal year on Jwere around USD 10.309 billion, registering a drop of USD 7 billion in just seven months. Pakistan’s foreign exchange reserves, which fell to a critically low level of USD 2.9 billion a few weeks ago, have now risen closer to USD 4 billion, even as the country eagerly waits for the USD 1.1 billion tranches of funding from the International Monetary Fund, according to the State Bank of Pakistan estimates. Energy accounts for the biggest share of Pakistan’s imports, and cheaper oil from Russia will help Pakistan in containing the ballooning trade deficit and balance-of-payments crisis.Īs Pakistan continues to suffer from a severe shortage of foreign exchange reserves, any short or long-term deals with Russia to take crude and oil products at low prices would help reduce the nation’s financial burden. In December last year, Russia refused to provide Pakistan with a 30 per cent discount on its crude oil after the Pakistani delegation asked for a reduction in price. Since Pakistan is facing a US dollar liquidity crunch, it would pay Russia in the currencies of friendly countries that include China, Saudi Arabia, and UAE, it said. ![]() ![]() Pakistan will first import one Russian crude oil ship to test landed cost, The News reported. Pakistan likely to pay in Chinese or UAE currency Russia was initially concerned “over the seriousness of Pakistan to mature the oil deal,” but in a recent meeting between officials from the two countries, Moscow asked Islamabad to import “one oil cargo” as a test case to bridge the trust deficit, according to The Express Tribune newspaper. The shipping of crude oil from Russian ports will take 30 days, which would mean an increase of USD 10-15 per barrel due to the transportation costs, it added. The first consignment of crude oil from Moscow is scheduled to arrive in Pakistan by the end of next month, paving the way for a bigger deal in the future, the paper said. Moscow will respond to Pakistan’s request for discounted crude oil only after it completes formalities such as mode of payment, shipping cost with premium and insurance, according to The News. Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia. Crude oil is currently being sold globally at USD 82.78 per barrel. If the deal would be procured, it will be at least $10 per barrel less than the price cap imposed by the G7 countries due to Moscow’s invasion of Ukraine. Follow us on Image Source : AP Representational ImageĪs Pakistan faces economic turbulence, efforts to procure Russian crude oil at $50 per barrel are likely to be finalised this month, local media reported on Sunday.
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