Month: February 2019
With Green Book won best picture at the 91st Academy Awards ceremo
ny, its co-producer Alibaba Pictures Group, the movie unit of the world’s largest e-com
merce company, claimed to be the first internet film company to co-produce an Oscars winning movie.
Jack Ma, chairman of Alibaba Group, said a good movie does not necessarily have to cost
a lot, nor tell an earth-shattering story, according to the Paper, which also said Ma watchedGreen Bo
ok with some of his friends, including Chinese computer giant Lenovo Founder Liu Chuanzhi and Chinese studio Bona P
resident Yu Dong in a Beijing cinema on Monday, though the film will not be officially screened in China until March 1.
He said a good movie is the one which is made with passion and can brin
g positive things to the society. Ma said he has seen the film, a road trip drama based on a tru
e story in segregation era, three times, and in his view, a Chinese movie is actually not far from an Oscars award.
of the sector with a focus on improving financial services and forestalling financial risks.
Opening-up of China’s financial factor has sped up, as the country re
moved foreign ownership caps of banks and financial asset management firms last year.
Richard Turnill, global chief investment strategist of BlackRock, an American global investment man
agement corporation, is also positive on China’s stocks market, according to the Barron’s report.
Turnill said stronger inflows into Chinese A-shares, and China’s efforts to boost credit growth and sti
mulate its economy are also helpful to a bullish stock market.
However, selectivity of stocks is needed, Turnill said, adding that BlackRock favors b
rokers and companies related to the domestic consumer that can benefit from the efforts to stimulate growth locally.
Major securities traders in China, such as the Merchants Securities, CITIC Securities, and Fo
under Securities are all optimistic about China’s stocks market this year, according to a report from finance.sina.com.
have once again made concrete progress and provided positive pro
spects for bilateral relations and the global economy. Wang, also minister of foreign affa
irs, made the remark at an event on Monday, according to a statement issued by the ministry.
Yao Yang, dean of the National School of Development at Peking University, said, “It is encouraging that both sides have begu
n to work on the text of an agreement, which indicates a speeding up toward sealing a trade deal.”
“The progress also showed that effective economic diplomatic meas
ures can help resolve cumbersome issues and reduce confrontation between two nations,” Yao said.
After tit-for-tat exchanges of hefty import tariffs, President Xi Jinping and hi
s US counterpart, Donald Trump, agreed in December to halt new tariffs for 90 days to a
llow for talks. Since then, negotiations have been conducted on a wide array of topics.
Early Sunday afternoon in Washington, Trump tweeted that he “will be delaying” the incr
ease of tariffs on Chinese imports scheduled for March 1, due to “very productive” trade talks between the two countries.
We find it unconscionable that a Party once trusted on the economy, more than any other, is now recklessly marching the country to the cliff edge of no d
eal,” the group said. “No responsible government should knowingly and deliberately inflict the dire consequences of
such a destructive exit on individuals, communities and businesses and put at risk the prospect of ending austerity.”
The MPs also rejected what they say May has presented as a “false binary choice” be
tween a “bad deal” and a “no deal,” slamming her strategy of “running down the clock” to Brexit.
May said in a statement on Wednesday that she was “saddened” by the lawmakers’ decision to quit the party, but
was determined to deliver on Brexit, affirming that it was “the right thing for the country.”
The Independent Group was formed on Monday when seven MPs, including Chuka Umunna, Chris Leslie and Luciana Berger, resi
gned from Labour. An eighth Labour MP, Joan Ryan, joined their ranks on Tuesday evening. The group said v
ariously that they had become ashamed of the Labour party and its shift to the hard-left, denouncing opposition le
ader Jeremy Corbyn’s handling of a wave of anti-Semitism and “betrayal” on Brexit.
But dreams of a new reality for Iran screeched to a halt in May 2018 when President Donald Tr
ump pulled the United States out of the nuclear deal. Despite repeated certifications that Iran was
sticking to its end of the bargain, Trump unleashed several rounds of stinging sanctions on the country.
The US president said the penalties aimed to force Iran to end its military adventurism in the region, a demand that Iranian officials have repeatedly brushed off.
Officially, the sanctions exempt humanitarian goods, such as food, medicine and medicin
al instruments. But in reality, shortages in essential goods have affected households across the country.
Ali now gets the medicines to treat his daughter’s rare genetic disease, from friends living abr
oad. Her medical bill has more than doubled, forcing him to sell his car, work two jobs, and accu
mulate loans. He says that his entire salary from his day job as a waiter goes toward Dory’s treatment.
”I am a wedding singer at night. I try to stay cheery and
keep a smile on my face, but on the inside all I can think about is my daughter,” says Ali.
support a modern, progressive, global Britain that is very much a part of modern Europe. Cur
rently, both main say that they will deliver Brexit — albeit different versions of it. A new group in Parliament, free to vote and speak as they li
ke, can now make the case for a softer Brexit, or even a second vote, and do so in ways that could damage both the gove
rnment and the opposition.
But will they? That’s a crucial question. If the movement swells, it could create the mome
ntum for a second referendum and push one party or another (probably the Labour Party) to formally back such a vo
te. It could terrify Conservative Brexiteers into backing May on her deal. It could completely break the par
liamentary arithmetic and cause the UK to stumble into a no deal. It could force a general election in which all 11 los
e their seats. It’s very hard to tell.
But the main takeaway from this week is that these 11 MPs were so frustrated by t
heir own parties — for more reasons that just Brexit — that they needed to do something. And that it was now or never. T
hey were left with no good options because, right now, politics in the UK is spiraling out of control.