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WASHINGTON, Jan 10 (Reuters) - The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva told reporters on Friday.
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Georgieva said the U.S. economy was doing "quite a bit better" than expected, although there was high uncertainty around the trade policies of the administration of President-elect Donald Trump that was adding to headwinds facing the global economy and driving long-term interest rates higher.
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Deepika Padukone and Christy Turlington star in landmark Sabyasachi fashion show
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Camera phones at the ready, around 700 guests hailing from across India and the world expected a visual spectacle on Saturday evening — and they weren’t disappointed. A hush descended as the doors opened to the Jio World Center in Mumbai, where legendary Indian fashion designer Sabyasachi Mukherjee presented a star-studded 25th anniversary runway show for his namesake brand.

The celebrated designer — known for his maximalist Indian style — has dressed some of the biggest names across Bollywood and Hollywood, including Priyanka Chopra, Deepika Padukone, Oprah Winfrey, Rihanna and Jennifer Lopez. For his landmark show, the stars showed up to lend their support: Padukone opened proceedings in an all-white ensemble adorned with necklaces, including a crucifix from Mukherjee’s jewelry line. She later walked again with supermodel Christy Turlington as part of the grand finale.
Over 150 looks were presented, including pants and skirts embroidered with gold threads, frilled head gear, stacked jewelry and tops with slogans such as “cat lady,” “table for one,” “where has love gone,” and “all dressed up nowhere to go.” Mukherjee explained in a phone interview that these pieces were intended to be satire on how technology is dehumanizing humans. “We seem to have forgotten how to establish human relationships,” he said.
There were also trench coats, sweaters, shorts and shirts made in more conventionally western silhouettes. These marked a departure from Mukherjee’s usual festive and bridal wear, which are heavily inclined towards traditional Indian styles, such as saris, ghagra cholis and sherwanis.

But with no shortage of drama, the new collection featured heavily embroidered jackets embellished with semi-precious stones, brocade dresses, ostrich leather jackets and skirts, and blouses with velvet appliques overlaid with faux fur.

Price gouging laws are being ignored by landlords, says estate agent
published at 14:39
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Jason Oppenheim shot from shoulders up, smiling and looking to right
Image source,Getty Images
Let's bring you a bit more about reports of price gouging by landlords in Los Angeles, which we reported on earlier.

Speaking a little earlier on BBC's Sunday with Laura Kuenssberg programme, Jason Oppenheim, a real estate agent in Los Angeles, says some landlords are breaking the law by raising rents more than 10% high than pre-disaster prices.

"We're having landlords taking advantage of the situation," says Oppenheim, who stars in the reality show Selling Sunset about LA's luxury real estate market.

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"There are thousands of people who are displaced...the hotels are overwhelmed," he says.

Oppenheim says he sent a client to a rental property which was listed for $13,000 (?11,000) a month. "(My client) offered $20,000 (?16,400) a month and he offered to pay six months upfront and the landlord said 'no, I want $23,000 (?19,000) a month'," he says.

"There are price gouging laws in California, they are just being ignored right now...it's illegal to take advantage of a natural disaster."


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India's Tata Consultancy Services expects its retail and manufacturing
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clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation's No. 1 software-services exporter, said.
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Aerodrome Finance: Unlocking Potential for Growth
The world of aerodrome finance is pivotal for ensuring the efficient operation, enhancement, and expansion of aerodrome facilities globally. With the increasing demand for air travel, understanding aerodrome financial processes is more important than ever.
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Why Aerodrome Finance Matters
Aerodrome finance plays a critical role in the lifespan of airport projects, providing necessary funding from initial development to ongoing management. Here are key reasons why it matters:

Infrastructure Development: Secure financial backing enables the construction and maintenance of essential airport infrastructure.
Operational Efficiency: Adequate funding ensures that airports can operate smoothly, adapting to technological advancements and logistical demands.
Economic Growth: Airports serve as economic hubs; their development stimulates job creation and boosts local economies.
Aerodrome Finance Strategies
Various strategies can be employed to optimize aerodrome finance, ensuring both immediate and long-term benefits. Here are a few notable approaches:

Public-Private Partnerships (PPP)
These partnerships combine public sector oversight and private sector efficiency, leading to shared risks and rewards. They facilitate diverse financial resources and innovative solutions for airport projects.

Revenue Diversification
Exploring non-aeronautical revenue streams, such as retail concessions and property leases, can significantly bolster an airport's financial resilience. Such diversification allows for a steady income flow independent of ticket sales.

Sustainable Financing
Adopting sustainable financial practices, including green bonds and ESG (Environmental, Social, and Governance) criteria, aligns with modern ecological standards and attracts environmentally conscious investors.



Challenges and Opportunities
While aerodrome finance offers numerous benefits, it also poses certain challenges. High capital costs, regulatory hurdles, and fluctuating passenger demands can impact financial stability. However, these challenges also present opportunities for innovation and improvement.

Tech-Driven Solutions: Embracing technology like AI and predictive analytics can enhance decision-making and financial planning.
Collaboration: Strengthening ties with stakeholders, including airlines and government agencies, can streamline financial operations and capital investments.
Ultimately, the goal of aerodrome finance is to support the sustainable growth and modernization of airports, ensuring their pivotal role in global connectivity remains strong.