Kara Wai to Receive Excellence in Asian Cinema Award

Hong Kong actress Kara Wai says she is ecstatic over receiving this year’s Asian Film Awards’ Excellence in Asian Cinema Award. 

“This is not an acting award, it’s an achievement award, so I’m thrilled and feel as if I’m walking on clouds,” the star of Wu Xia said in a recent interview. 

With a career that spans more than 40 years and success in both television and film, the 57-year-old actress was named Best Actress for the second time at Taiwan’s Golden Horse Awards in November for the role of a manipulative matriarch in The Bold, the Corrupt and the Beautiful. 

 

Wai began her career in the 1970s in Hong Kong as a kung fu star in the Shaw Brothers films. In 1982, she received a Best Supporting Actress Award at the Hong Kong Film Awards for her role in the action movie My Young Auntie. 

 

Wai thrilled audiences and impressed critics with her performance as a desperate mother in 2009’s At the End of the Daybreak and an Alzheimer’s patient in Happiness in late 2016. Last November’s Golden Horse Award was icing on the cake. 

 

As she approaches her 58th birthday, Wai said she knows it was a mixture of luck and preparedness that got her career to where it is today. 

 

“The lifespan of an actress is short. It started happening when I was 50 and now I’m 58. This rarely happens for actresses, and it’s happening to me. I think you can say that I’ve had help from a lot of good friends,” she said. 

 

“Was there hardship? Yes, I worked very hard, and only I know what I have encountered,” she said. “So it has been bitter and sweet.” 

 

Wai is to receive the Excellence in Asian Cinema Award at the Asian Film Awards ceremony in Hong Kong on March 17.

From: MeNeedIt

Dow Closes Above 26,000, Just 8 Sessions After Earlier Milestone

Wall Street roared upward Wednesday, with investor enthusiasm sending all three major stock indices to record finishes, and the Dow to its first close above 26,000 points.

The blue-chip Dow gained 1.3 percent to close at 26,115.65 — just eight trading sessions after breaking the 25,000 mark — with strong showings from Boeing, IBM and Intel. 

The broader S&P 500 added 0.9 percent to close at 2,802.56, while the tech-heavy Nasdaq gained a full percentage point to settle at 7,298.28.

With just 11 trading days so far in 2018, Wednesday’s session marked the seventh time this year all three major indices closed at all-time highs.

Maris Ogg of Tower Bridge Associates told AFP the sustained rally was boosted by a “confluence of good news,” including strong company earnings, slashed corporate tax rates, higher worker compensation and new investment.

“This is a boost for productivity” and gave market players greater confidence, she said.

IBM gained 2.9 percent after analysts upgraded their price target for the company’s stock, and chipmaker Intel rose a similar amount, while aviation giant Boeing jumped 4.7 percent after announcing a joint venture to make aircraft seats.

Buoyant markets were comforted in midafternoon as a Federal Reserve survey portrayed the national economy growing at a “modest to moderate” pace.

Persistent cold weather in the United States helped oil prices shrug off weakness early in the weak, helping oil stocks nudge markets higher.

Exxon Mobil rose 1.2 percent, and ConocoPhillips increased 1.7 percent, while Royal Dutch Shell and Chevron each rose 0.3 percent.

The jubilant performance came despite continued pain at General Electric, which sank 4.7 percent as investors worked to evaluate component businesses within the company ahead of a possible breakup.

Goldman Sachs fell 1.8 percent after reporting a steep quarterly drop in trading income.

From: MeNeedIt

Britain Appoints Minister of Loneliness

Britain has appointed a minister of loneliness to combat social isolation experienced by one in 10 Britons. 

Sports Minister Tracey Crouch will add the job to her existing portfolio to advance the work of slain lawmaker Jo Cox, who set up the Commission on Loneliness in 2016.

“For far too many people, loneliness is the sad reality of modern life,” Prime Minister Theresa May said Wednesday. “I want to confront this challenge for our society and for all of us to take action to address the loneliness endured by the elderly, by carers, by those who have lost loved ones — people who have no one to talk to or share their thoughts and experiences with.”

The British Red Cross says more than 9 million Britons describe themselves as being always or often lonely, out of a population of 65.6 million.

Most people over age 75 in Britain live alone, and about 200,000 older people have not had a conversation with a friend or relative in more than a month, government data show.

“We know that there is a real impact of social isolation and loneliness on people, on their physical and mental well-being but also on other aspects in society, and we want to tackle this challenge,” Crouch told the BBC. 

From: MeNeedIt

Trump Expose ‘Fire and Fury’ Might Be Heading to Television

Fire and Fury: Inside the Trump White House, the explosive best-seller about the inner workings of the Donald Trump White House, may be heading to the small screen.

The rights to Michael Wolff’s new book have been bought by Hollywood entertainment company Endeavor Content, which plans to adapt it for a television series, The Hollywood Reporter said Wednesday.

The trade publication said Wolff will be attached to the project as an executive producer, along with former BBC executive Michael Jackson.

No casting or air date has been set, but the announcement set off speculation about who would play some of the key figures in the White House.

The book, based on a series of interviews with former presidential adviser Stephen Bannon and other White House insiders, has infuriated the president, who is portrayed as an unstable, uninformed man-child with an explosive temper.

“Michael Wolf is a total loser who made up stories in order to sell this really boring and untruthful book,” Trump tweeted after its release.

Wolff responded: “Not only is he helping me sell books, but he’s helping me prove the point of the book.”

Fire and Fury is the first publishing sensation of 2018, selling more than 1 million copies and topping The New York Times’ best-seller list.

From: MeNeedIt

More Actors Expressing Regret About Working With Woody Allen

A growing number of actors are distancing themselves from Woody Allen and his next film, heightening questions about the future of the prolific 82-year-old filmmaker in a Hollywood newly sensitive to allegations of sexual misconduct.

Timothee Chalamet on Tuesday said he will donate his salary for an upcoming Woody Allen film to three charities fighting sexual harassment and abuse: Time’s Up, the LGBT Center in New York and RAINN. The breakout star of “Call Me By Your Name” announced on Instagram that he didn’t want to profit from his work on Allen’s “A Rainy Day in New York,” which wrapped shooting in the fall.

“I want to be worthy of standing shoulder to shoulder with the brave artists who are fighting for all people to be treated with the respect and dignity they deserve,” said Chalamet.

Chalamet is just the latest cast member of an Allen production to express regret or guilt about being professionally associated with the director. In recent weeks, Rebecca Hall (“A Rainy Day in New York,” ”Vicky Cristina Barcelona”), Mira Sorvino (“Mighty Aphrodite”), Ellen Page (“To Rome With Love”), David Krumholtz (“Wonder Wheel”) and Griffith Newman (“A Rainy Day in New York”) have all in some way distanced themselves from Allen or vowed that they wouldn’t work with him again.

The rising chorus suggests the road ahead for Allen may be particularly challenging, even for a director whose personal controversies have for decades made him an alternatively beloved and reviled figure in movies. Financial support for the filmmaker has not previously waned in part because of the eagerness many stars have for working with a cinematic legend. But fielding a starry cast may prove increasingly difficult for Allen in a movie industry in the midst of a “Me Too” reckoning.

“If I had known then what I know now, I would not have acted in the film,” Greta Gerwig, who co-starred in Allen’s 2012 comedy “To Rome With Love,” told The New York Times last week . “I have not worked for him again, and I will not work for him again. Dylan Farrow’s two different pieces made me realize that I increased another woman’s pain, and I was heartbroken by that realization.”

Dylan Farrow, Allen’s adopted daughter, has said Allen molested her in an attic in 1992 when she was seven. Allen, who has long denied the allegations, was investigated for the incident but not charged.

Farrow has previously questioned why the “Me Too” movement hasn’t ensnarled Allen. In an op-ed published last month in The Los Angeles Times , she wrote: “Why is it that Harvey Weinstein and other accused celebrities have been cast out by Hollywood, while Allen recently secured a multimillion-dollar distribution deal with Amazon, greenlit by former Amazon Studios executive Roy Price before he was suspended over sexual misconduct allegations?”

Price, the former head of Amazon Studios, resigned in October following an allegation that he had sexually harassed television producer Isa Hackett while she was working on the Amazon series “The Man in the High Castle.”

“A Rainy Day in New York” is the fourth project for Allen with Amazon, which bet heavily on the filmmaker to help establish its film production arm as a home to auteur filmmakers. It reportedly spent $80 million to lure Allen into television to make the 2016 series “Crisis in Six Scenes.”

Amazon, which didn’t respond to queries Tuesday, also distributed Allen’s “Cafe Society” in 2016 and “Wonder Wheel,” which opened December 1. It has grossed a mere $1.4 million domestically on an estimated budget of $25 million but had more success overseas, grossing $7.8 million.

“A Rainy Day in New York,” a romantic comedy due out sometime this year, also stars Selena Gomez, Jude Law, Liev Schreiber and Elle Fanning. In his statement, Chalamet tellingly noted that due to “contractual obligations” he couldn’t comment on the long-standing allegations against Allen.

The announcement by Chalamet, a favorite Oscar contender for best actor this year, followed a similar one Friday by his co-star Hall. She said she was donating her salary from the film to Time’s Up, the recently formed initiative to combat gender inequality in the entertainment industry. “It’s a small gesture and not one intended as close to compensation,” Hall wrote on Instagram.

Some have continued to publicly support Allen, though, including Alec Baldwin.

“Woody Allen was investigated forensically by two states (NY and CT) and no charges were filed,” Baldwin said Tuesday on Twitter. “The renunciation of him and his work, no doubt, has some purpose. But it’s unfair and sad to me. I worked with Woody Allen three times and it was one of the privileges of my career.”

From: MeNeedIt

Technology Developers Call on Others to Make Use of It

The world’s biggest Consumer Electronics Show in Las Vegas is over but this year’s battle for consumers and their pocketbooks has only began. As smaller companies do not have the resources for research and development, big companies, such as Samsung, Canon and others, have a common message for them – let your imagination tell you how to use our technologies. VOA’s George Putic reports.

From: MeNeedIt

Prominent AIDS Crusader Mathilde Krim Dies at Age 91

Mathilde Krim, a prominent AIDS researcher who galvanized worldwide support in the early fight against the deadly disease, has died. She was 91.

 

Krim was founding chairman of The Foundation for AIDS Research, or amfAR. The nonprofit says she died at her home in King’s Point, New York, on Monday.

 

amfAR Chief Executive Officer Kevin Robert Frost says in a statement “so many people alive today literally owe their lives” to her.

 

Krim was a geneticist with experience in cancer research when AIDS first surfaced in the early 1980s. Over the next several decades, she mobilized a vast army of celebrities and others to help raise money and to lessen the disease’s stigma.

 

In 2000, she was awarded the Presidential Medal of Freedom, the highest civilian honor in the U.S.

From: MeNeedIt

Ethiopian Airlines to Re-launch Zambia’s National Carrier

Ethiopian Airlines says it has finalized an agreement with Zambia to re-launch the southern African country’s national carrier.

The partnership with Zambia comes as Ethiopian Airlines is opening new routes and hubs and is acquiring new aircraft.

In a statement Tuesday, the airline said it will have a 45 percent stake in the Zambian carrier and it aims to make the Zambian capital, Lusaka, its newest aviation hub. The remaining 55 percent will be acquired by the Zambian government which is aiming to revive the country’s aviation sector after Zambia Airways ceased operations on January 2009.

“The launching of Zambia Airways will enable the traveling public in Zambia and the Southern African region to enjoy greater connectivity options,” said Ethiopian Airlines CEO, Tewolde Gebremariam. “It is only through partnerships among African carriers that the aviation industry of the continent will be able to get its fair share of the African market, currently heavily skewed in favor of non-African airlines.”

Gebremariam told The Associated Press earlier this month his company is also exploring opportunities in other African countries including Mozambique, Djibouti and Congo.

Ethiopian Airlines currently operates from hubs in Lomé, Togo with ASKY Airlines and in Lilongwe, Malawi. Its main hub is in the Ethiopian capital, Addis Ababa.

Ethiopian Airlines currently flies to more than 100 destinations. Airline officials say that recent currency devaluations in some African countries and a subsequent rise in jet fuel prices could hamper its profits.

From: MeNeedIt

Bitcoin, Rival Cryptocurrencies Plunge on Crackdown Fears

Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as fears of a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

Bitcoin’s slide triggered a selloff across the broader cryptocurrency market, with biggest rival Ethereum down 23 percent on the day at one point, according to trade website Coinmarketcap, and the next-biggest, Ripple, plunging by as much as a third.

Bitcoin traded as low as $11,191.59 on the Luxembourg-based Bitstamp exchange. By 1400 GMT it has edged up to $11,650, but that was still down more than 14 percent, leaving it on track for its biggest one-day fall since September.

Jamie Burke, chief executive of Outlier Ventures, a venture capital firm that is one of the biggest holders of top-10 cryptocurrency IOTA, said the belief the market was overdue a correction was making traders jittery and that was exacerbating the scale of the moves.

“Anybody that understands the technology knows there’s going to be a correction – it’s going to be a big correction and it’s going to be indiscriminate, because there are no established fundamentals for anybody to distinguish between where there is and isn’t value,” Burke said.

“There’s no way you can rationalize that there’s any value in the market at the moment; everything is significantly overpriced,” he added. Burke holds a number of top-20 cryptocurrencies in a personal capacity.

South Korean news website Yonhap reported that Finance Minister Kim Dong-yeon had told a local radio station that the government would be coming up with a set of measures to clamp down on the “irrational” cryptocurrency investment craze.

South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized, as government agencies were still in talks to decide how to regulate the market.

Further China Crackdown

That came amid news that a senior Chinese central banker had said authorities should ban centralized trading of virtual currencies and prohibit individuals and businesses from providing related services.

China shut down exchanges operating on the mainland last year – a move that also sparked a selloff, though the market later recovered.

“It’s mainly been regulatory issues which are haunting (bitcoin), with news around South Korea’s further crackdown on trading the driver today,” said Think Markets chief strategist Naeem Aslam, who holds what he described as “substantial” amounts of bitcoin, Ethereum and Ripple.

“But we maintain our stance. We do not think that the complete banning of cryptocurrencies is possible,” he said.

Cryptocurrencies enjoyed a bumper year in 2017 as mainstream investors entered the market and as an explosion in so-called initial coin offerings (ICOs) – digital token-based fundraising rounds – drove demand for bitcoin and Ethereum.

The latest tumble leaves bitcoin down around 40 percent from a record high near $20,000 hit in mid-December, wiping about $130 billion off its total market value – the unit price multiplied by the number of bitcoins that have been released into the market.

A director at Germany’s central bank said on Monday that any attempt to regulate cryptocurrencies must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community.

The latest plunge in the market came as wealth management firm deVere Group, which has $12 billion under advisement, said it was launching a cryptocurrency app that would allow users to store, transfer and exchange five of the biggest digital coins, citing “soaring global demand”.

From: MeNeedIt

Milan Line Offers Canine Couture for Pampered Pooches

Milan has long been the world’s ready-to-wear fashion leader. Now, dogs are getting in on the city’s sartorial scene with a new line of haute couture for canines.

Dog-a-Porter, by the Milan brand Temellini, offers clothing custom-fit for different breeds, ranging from the tiny Chihuahua to the stately greyhound. The line includes cashmere knits, nylon bomber jackets with tiny arms, Sherlock Holmes-style capes and lined raincoats.

The capes cost 170 euros ($208 and synthetically filled hooded parkas go for 210 euros ($256) to reflect the extra time it takes to get the fine stitching on the elasticized sleeves just right.

Designer Giovanna Temellini says fashionable dog clothes aren’t just an indulgence since her luxury outerwear protects pooches accustomed to being indoors when they are brought outside.

From: MeNeedIt