ANDEAN ANGST: Trade ministers from three Andean countries made another plea to administration officials and lawmakers Wednesday to renew and enhance a trade bill that expired last year. Ministers from Peru, Colombia and Ecuador held meetings on...
ANDEAN ANGST: Trade ministers from three Andean countries made another plea to administration officials and lawmakers Wednesday to renew and enhance a trade bill that expired last year. Ministers from Peru, Colombia and Ecuador held meetings on Capitol Hill and planned to later meet with U.S. Trade Representative Robert Zoellick to push for passage of a divisive trade package that contains trade benefits for Andean countries before Congress adjourns next month. However, Senate Finance Committee Chairman Max Baucus (D., Mont.) has stated that the bill, which is now before House and Senate negotiators, won’t be finished before the August recess. There are also stark differences between how the GOP-led House and the Democratic-controlled Senate trade packages treat the Andean apparel breaks, and benefits for unemployed workers and negotiations are expected to be difficult. The package also includes the presidential trade promotion authority measure.
TIME’S RUNNING OUT: Fila’s creditor banks are losing patience with the troubled sportswear maker. The banks are preparing a letter to Fila’s majority shareholder, Holding di Partecipazioni Industriali, demanding the $322.30 million (converted from euros at current exchange rates) Fila owes them, a source close to the banks said. Meanwhile, Italian press reports say Citibank wantsto proceed with legal action. HdP, which is trying to sell off Fila to U.S. investment funds Continental and Golden Gate, said it has no news regarding the sale of Fila or its relationship with the banks involved in the transaction. Citibank, Unicredito Italiano, IntesaBCI and San Paolo IMI declined to comment. Banca Nazionle del Lavoro, Banca Monte dei Paschi di Siena and Capitalia did not return calls seeking comment.
@moncler unveiled its latest project, #MonclerGenius, yesterday at Milan Fashion Week. The Italian outwear maker gave show-goers a preview of the monthly collections – which were created by eight designers and creative talents including Pierpaolo Piccioli, Simone Rocha, Craig Green and more – that will start rolling out in the summer.
In honor of Rihanna’s 30th birthday, we took a look back at an interview with the Barbados-native when she was just 18 years old. Here, she talked about her second album, “A Girl Like Me” in 2006. “I want to be me. I want people to fall in love with who Rihanna is, and that’s why I want the album to be about me so people can really find out who this girl Rihanna is, because they only know the ‘Pon de Replay’ girl.” Fast forward 12 years, and she’s released six more albums and has become a powerhouse in both the fashion and music industries. Happy birthday, @badgalriri 🎈(📷: Pavel Antonov) #wwdarchive