Indonesia plans new regulation to end film monopoly

July 25th, 2011 by gemswiss

Indonesia plans new regulation to end film monopoly
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The Indonesian government is preparing a rule that could lead to the end of monopoly practices and an advance on the movie business in the country, Finance Minister Agus Martowardojo has said.

The Jakarta Post quoted Agus as saying on Tuesday that with the launch of the new regulation, foreign movie producers would be encouraged to open representative offices in Indonesia so that local companies would no longer need to import them from their respective countries.

With such a policy, the representative offices and local distributors would be allowed to copy the movies in Indonesia, the minister said. By doing so, all theaters can screen the movies as no more exclusive rights are given, Agus said.christian louboutin wedding shoes

“With the new regulation, the people will think that it’s secure for them to run a theater business, because supply will be maintained,” he said.

Martowardojo declined to disclose the type of regulation, but said it would need up to three months to complete the new rules if there was political support from related ministries, including the Culture and Tourism Ministry and the Investment Coordinating Board (BKPM).

The Culture and Tourism Ministry’s film director, Samsul Lusa, did not respond to queries from The Jakarta Post via telephone and text message regarding the government’s regulatory plans.discount Christian Louboutin shoes

Film theaters in Indonesia have been screening underrated movies since early this year while much-awaited blockbuster films have been nowhere to be seen, as companies that have the exclusive rights to import Hollywood movies were still prohibited from conducting their activities because they were still unable to settle their unpaid taxes.Christian Louboutin satin anemon

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China’s export of contemporary culture deficient

July 25th, 2011 by gemswiss

China’s export of contemporary culture deficient
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China’s exports of contemporary and pop cultural products are deficient compared with traditional products, resulting in the international community’s lack of understanding of the country’s current situation, a senior cultural official said Tuesday.

“Our efforts in overseas cultural exchanges aim to make Chinese culture more attractive and respectable among overseas people, as well as seeking understanding and cooperation to provide the world with an up-to-date, comprehensive and accurate depiction of China,” Minister of Culture Cai Wu said.special occasion dresses

Cai noted that the country’s overseas cultural exchanges should be well rounded, focusing on “not only positive achievements but also various social imbalances and shortcomings.”

Cai’s remarks came as the country’s art-house films and performances reflecting social realities have long been in official negligence in both market promotion and overseas promotion compared with mainstream patriotic products backed by the government.
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“Chinese characteristics are essential, but at the same time, we should also find common ground between us and the outside world and reflect the influences of international pop cultures in our country,” Cai said.

However, Cai warned against luring overseas attention with “cultural scum that will damage the country’s image.”

Cai called for more quality books, dramas, performances and films that embody profound meanings and can reflect the country’s current development.semi formal dresses

The number of foreign commercial performances approved by the Chinese government reached 911 in 2010, up 62 percent from 2006, according to the Ministry of Culture.

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Captain America beat Harry Potter

July 25th, 2011 by gemswiss

Captain America beat Harry Potter to be No. 1 It’s a win-or-lose fight between the world’s first able-bodied avenger and a boy wizard as the summer’s latest superhero film “Captain America: The First Avenger” debuted as the No.1 across North American theaters while “Harry Potter and the Deathly Hallows: Part II” was reduced to an underdog with its power being dwindled this weekend.

As Paramount’s latest bid to tap into superhero theme, “Captain America: The First Avenger” premiered on Friday at 3,715 locations in the United States and Canada, and is on track to gross 65.83 million U.S. dollars in ticket receipts, which effectively broke previous superhero flick opening record held by “Thor” (65.Do you want the best wedding dresses? Do you want the best cheap wedding dress, but don’t want to pay expensive prices? In this article, we will look at how to find cheap wedding dresses, and whether it is a wise option to go with.7 million U.S. dollars) and eclipsed “X-Men: First Class” (55.1 million U.S. dollars) and “Green Lantern” (53.2 million U.S. dollars) by a big margin. The World War II actioner, which is based on the Marvel Comics character Captain America and tells how a sickly man from Brooklyn was transformed into super soldier Captain America to help the war effort, has won over droves of moviegoers as it got an “A-” from CineraScore. More than half of the audience is male and 58 percent is over 25 years of age, according to distributor Paramount Pictures. Review aggregator Rotten Tomatoes also gave it a 72-percent positive rating.

The solid showing has been helped by a permeative promotion drive which was launched by Paramount Pictures before the Marvel/ Disney/Paramount picture hit the screen, catering to patriotism among the American audience. Flyers can be seen on Superbow ground, TV and radio programs. And 30 U.S. military bases have also screened the film, according to reports. The film is directed by Joe Johnston and stars Chris Evans (”Not Another Teen Movie,” ” Fantastic Four”) in the title role.

The last installment on the Harry Potter franchise, “Harry Potter and the Deathly Hallows: Part II,” now second week in screen, could not hold on to its record-breaking feats which was achieved when it debuted 10 days ago,Jogos Quentes Gold and ceded its crown to ” Captain America.” It took in only 48.07 million dollars this weekend, a huge drop of 72 percent from the last week. The Warner Bros.ugg christmas flick has amassed 274.2 million dollars in North America so far.

Opening in third place is “Friends With Benefits,” a Sony/ Screen Gems romantic comedy starring Justin Timberlake and Mila Kunis, which grossed 18.5 million dollars in ticket stubs, a performance which fell short of the studio’s last project “No Strings Attached” (19.pittsburgh penguins jerseys7 million U.S. dollars) which featured Natalie Portman and Ashton Kutcher. Sony said that 62 percent of the moviegoers were female, and 56 percent were 25 or older. CinemaScore gave the rom-com a “B+.”

Rounding out the top five most popular films of the North America box office are:

“Transformers: Dark of the Moon,” Paramount/DreamWorks, 12 million dollars this weekend, and 325.Authentic NFL Jerseys8 million dollars in four weeks; “Horrible Bosses,” Warner Bros./New Line, 11.72 million dollars this weekend, and 82.4 million dollars in three weeks.

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Argentina in drive for more Chinese capital

July 25th, 2011 by gemswiss

Argentina in drive for more Chinese capital

More Chinese investments are expected to flow to Argentina this year as the two governments signed several economic cooperation agreements this week, Luis Kreckler, Argentine secretary of trade and international economic relations, said on Wednesday.

The agreements cover sectors including agriculture, energy, transportation and mining, Kreckler told China Daily, without disclosing details.

The trade secretary headed a delegation of 50 high-level Argentine government officials in a visit to Beijing this week.timberland boots sale The delegation included agriculture, mining, transportation and international trade officials.

This was the latest of many visits by state heads and delegations between the two countries since 2010.

“Chinese investments are becoming more and more important (to Argentina). We care about the partnership with China and are very optimistic about future cooperation,” he said.

The economic relationship has expanded swiftly in recent years. In 2010, bilateral trade jumped by 65.chi hair straigntener6 percent year-on-year to $12.9 billion, data from the Chinese Ministry of Commerce showed.

As of last month, China had become the second-largest trading partner for Argentina, while Argentina was China’s fourth-largest trading partner in Latin America, the ministry said.

The South American country has also benefited from China’s emergence as a major global investor. The country attracted Chinese investments totaling $13 billion during the January-June period this year, Argentine official data showed.

Chinese investment has created more than 5,800 jobs in Argentina so far and will provide the Argentine people with 4,000 to 5,000 jobs in the next three years, said Wang Chao,polo ralph Lauren Chinese vice-minister of commerce.

In the meantime, Chinese businesses are becoming increasingly active in Argentina. They are bidding to build nuclear power stations, natural gas plants and rail projects.

In some cases, they simply buy Argentine companies. Last May, China National Offshore Oil Corp Ltd bought 50 percent of Bridas Corp for $3.1 billion. Bridas is a major oil and natural gas holding company.

These moves have meant an unprecedented amount of Chinese investment into Argentina.wholesales mac Lip gloss Projects under discussion between the two governments are valued at $15 billion, Wang said.

“We are confident about better cooperation in the coming years,the north face jackets” he added.

The agricultural industry in Argentina is particularly interested in attracting more Chinese investments, said Julian Dominguez, the agriculture minister.

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China faces a dilemma in US Treasuries

July 25th, 2011 by gemswiss

China faces a dilemma in US Treasuries

China has “little choice” but to continue buying US Treasury bonds in the short term despite the potential risk of Washington defaulting on its obligations to foreign bondholders, analysts said on Tuesday.

China, the largest foreign holder of US Treasuries, increased its holdings by $7.3 billion to $1.16 trillion for the second straight month in May, according to the US Treasury Department.

The total foreign holdings of Treasury securities rose 0.6 percent to $4.5 trillion in May, the same month the US reached its $14.3 trillion debt ceiling the US government can legally borrow to finance its operations.GHD Pink Limited Edition

Since reaching the limit on May 16, the US Treasury has relied on accounting maneuvers to prevent a federal default.Stretch tricot knitted fabric US Treasury Secretary Timothy Geithner said that if the debt ceiling was not raised by the Aug 2 deadline, the government would default on its obligations to its foreign bondholders.

“China faces a dilemma in its holding of the US T-bonds,” said Dong Yuping, an economist with the Institute of Finance and Banking at the Chinese Academy of Social Sciences (CASS).

“Beijing has little choice but to continue to buy the US debt because Beijing wants a stable dollar.nfl throwback jerseys from china And the US Treasury bonds remain the most liquid investment product in the market,GHD Black given China’s huge foreign exchange reserves.

“But China has to come up with a backup plan of investing its foreign reserves as a long-term strategy because the trend of a weakening US dollar has become almost a certainty,” he said.

China’s foreign exchange reserves rose by a faster-than-expected 30.3 percent year-on-year by the end of June to reach $3.2 trillion. Analysts said that this indicated an increasing inflow of “hot money” after the latest interest rate hike by the People’s Bank of China,starcraft 2 Promotion the central bank, to contain inflation and asset bubbles.

Yao Wei, an economist for China at the French bank Societe Generale SA, said that China needs to speed up the pace of structural reforms to rebalance its economy to reduce external surpluses, internationalize the yuan, and diversify foreign exchange reserves.

“The key issue here is not what China should buy, but how China can slow down the pace of foreign exchange reserve accumulation to reduce the need to buy,” Yao said. “China should seriously rethink the assumption of US Treasuries as a safe haven.”

Last week, global ratings agencies, including Moody’s Investors Service and Standard & Poor’s, put the US triple-A credit rating on review for a possible downgrade.

The Chinese rating agency Dagong Global Ratings Co Ltd said it would consider knocking the US credit rating down another notch. Dagong downgraded it from AA to A+ in November after the US government announced a second round of quantitative easing.

However, some economists still believe that buying US government debt is “a low-risk option”.

“The Treasury market is the largest and most liquid market in the world. There is no other market where large investment-grade risk positions can be transferred on such a narrow offer. It will remain so for the foreseeable future,” said Chris Ahrens, an interest-rate strategist at UBS AG.

The May data of the Treasury International Capital report shows that foreign investors will still keep investing in US government debt, with Japan and the United Kingdom, the second- and third-largest holders of US Treasuries, also increasing their holdings.

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IMF lauds global role played by economy

July 25th, 2011 by gemswiss

IMF lauds global role played by economy

China will continue to drive global economic development with an estimated growth rate of 9.6 percent this year, despite signs of an economic slowdown,Stretch tricot knitted fabric the International Monetary Fund (IMF) said in a report issued on Wednesday.

China, however, still faces a number of risks, such as high inflation, a precarious property bubble and a decline in credit quality due to an excessive amount of bank loans, according to the annual IMF report on China.starcraft 2 Promotion

A key gauge of manufacturing activity showed that the factory sector shrank for the first time in a year in July.

The HSBC Manufacturing Purchasing Managers’ Index fell below 50 for the first time since July 2010. Analysts said it signaled a slowdown in growth as a result of tightened monetary policy. When the index is above 50 it signals expansion, when beneath it, contraction.

“Industrial growth is expected to decelerate in the coming months as tightening measures continue to filter through,NFL jerseys wholesale from China” said Qu Hongbin, chief economist for China and co-head of Asian Economic Research at HSBC.

China’s economy grew 9.5 percent in the second quarter, exceeding expectations and easing concerns of a hard landing amid tight monetary policies to curb inflation.

The better-than-expected economic data for the second quarter gave some economists grounds for optimism over the prospects for China’s economic growth.nfl throwback jerseys from china

“We raised our 2011 GDP growth forecast to 9.5 percent from 9.4 percent,” Sun Chi, an economist at Nomura Securities, said.

According to the IMF, China has increased its sway over the global economy and holds “an important stake for the world in its stability”.

The fund’s executive board reached these conclusions after some of its members visited China between May 23 and June 9 to collect economic and financial information and hold discussions with officials, such as Vice-Premier Wang Qishan,Cheap Christian Louboutin Minister of Finance Xie Xuren and People’s Bank of China Governor Zhou Xiaochuan.

The visit focused on China’s macroeconomic outlook, the potential for a property bubble and factors endangering the banking system, said Nigel Chalk, senior adviser at the fund’s Asia and Pacific Department, who led the IMF visit to China. He spoke via a conference call before the fund released the report on China.

Chalk said his team noted that a great deal of progress had been made in China in changing the GDP-based growth model while expanding the social safety net.

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Dearth of Demand Seen Behind Weak Hiring

July 20th, 2011 by gemswiss

Dearth of Demand Seen Behind Weak Hiring
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The main reason U.S. companies are reluctant to step up hiring is scant demand, rather than uncertainty over government policies, according to a majority of economists in a new Wall Street Journal survey.

“There is no demand,” said Paul Ashworth of Capital Economics. “Businesses aren’t confident enough, and the longer this goes on the harder it is to convince them that they should be.”
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In the survey, conducted July 8-13 and released Monday, 53 economists—not all of whom answer every question—were asked the main reason employers aren’t hiring more readily. Of the 51 who responded to the question, 31 cited lack of demand (65%) and 14 (27%) cited uncertainty about government policy. The others said hiring overseas was more appealing.

Some executives echoed the survey’s central finding.
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“We’re hiring a little here and there—but it’s not what it should be,” said Daniel Cunningham, chief executive of Long-Stanton Manufacturing Co., of Hamilton, Ohio. “And it’s because of the lack of demand.” Long-Stanton, which makes metal parts for the aerospace, medical and other industries, has snapped back from the recession, “but volume is still not up to where it was, or where it should be,” Mr. Cunningham said. Long-Stanton is privately held and has 75 employees.

Mr. Cunningham said part of what makes him hesitant is the extreme volatility he sees—with business up one month, then down the next. “Instead of good years, it’s like you have a good month—or a good three months,” he says, adding that this makes it difficult for him to feel confident of steady demand.cheap Chargers Jerseys

Among economists who see uncertainty as the primary obstacle to hiring is Sean M. Snaith of the University of Central Florida. “The black cloud of policy uncertainty still hangs over the private sector,” Mr. Snaith said. Republicans and the economists who advise them have been emphasizing the damaging effects of uncertainty on the strength of the economic recovery; Democrats and the economists who advise them tend to point to the weakness of demand, instead.

Overall, the economists in the Journal survey dimmed their outlooks for economic growth and for two critical gears of the stop-and-go recovery that have yet to engage: housing and jobs.

The economists have grown gloomier about the second half of the year, and marked down their forecasts from earlier ones. Nevertheless, they still expect the economy to rebound in coming months and perform better than in the disappointing first half.

Gross domestic product grew just 1.9% in the first quarter at a seasonally adjusted annual rate. Economists in the poll expect second-quarter GDP growth—a figure due this month—to remain at 1.9%.

Economists ratcheted down their growth forecasts for both 2011and 2012 from previous months, to a pace insufficient to tame the unemployment rate, now 9.2%.

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The Art of Mathematics

July 20th, 2011 by gemswiss

The Art of Mathematics
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What if mathematical theories could be expressed using artworks instead of plus signs and pi symbols? Dorothea Rockburne has devoted four decades to the attempt, and the results are on view at the Parrish Art Museum in Southampton, N.Y., through Aug. 14.
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Take disjunction, the logical argument that if A is true and B is true, their combination must also be true. Math textbooks usually illustrate this idea with a pair of slightly overlapping circles. In the 1970s, Ms. Rockburne began exploring this idea by soaking long sheets of paper in crude oil, a substance that permeated the paper without breaking it down into pulp. Instead, both materials could co-exist.

In one of her best-known works, 1971’s “Scalar,” she arranged a group of these oily, rust-colored sheets on a wall so that they slightly overlapped. Other series involved folding or layering linen or painted sheets into kaleidoscopes.
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In 1972, conceptual artist Mel Bochner praised her in an art magazine for doing “some of the most advanced thinking in art,” and museums like the Museum of Modern Art in New York and the Museum of Fine Arts in Houston have since collected her work.

Earlier this week, Ms. Rockburne, age 78, sitting in her airy SoHo studio, said her artistic focus wasn’t always so cerebral. Growing up in Montreal, she drew nudes like every other academically trained student in the city’s School of Art and Design. When she arrived at North Carolina’s Black Mountain College in 1950, she said her classmates were mostly copying the messy abstractions of Willem de Kooning— except for a pair of “handsome” friends in her photography class, Robert Rauschenberg and Cy Twombly.
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Like them, she had wearied of Abstract Expressionism, and they encouraged her to toy with other styles. But as years passed and their work won fame, she found herself working as a New York waitress, a single mother who spent her evenings in an apartment with too little room left to paint. Then she remembered Max Dehn, a math professor at Black Mountain whom she had admired in part because he seemed to revel in the rigor of hard thinking. She started reading math texts like Henri Poincaré’s “Science and Method” and hit upon an epiphany: “I wanted to see the math I was reading about.”
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She eventually showed a few pieces to Mr. Rauschenberg, who put her work in a benefit group show at Leo Castelli’s gallery in 1966. Within a few years, her career began to take off.

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A Museum’s Best Friend Jewelry Gets Its Due

July 20th, 2011 by gemswiss

A Museum’s Best Friend Jewelry Gets Its Due
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In American art museums, jewelry has traditionally been classified as a “craft” rather than as an art form, relegated to historical displays—or to storage rooms.
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“It’s as if jewelry had become the bastard child of decorative arts,” says Yvonne Markowitz, who, in 2006, became one of the country’s only full-time jewelry curators with her appointment at the Museum of Fine Arts in Boston. “But that attitude has changed.”

Recently, art museums have begun to take a closer look at their jewelry collections in response to new scholarship, connoisseurship—and the crowds that temporary exhibitions of these accessories have attracted. Institutions such as the Dallas Museum of Art, Richmond’s Virginia Museum of Fine Arts and New York’s Cooper-Hewitt National Design Museum have hosted popular jewelry exhibits in recent years.Christian Louboutin Sandals

On Tuesday, the Museum of Fine Arts will open the first gallery dedicated entirely to jewelry at a major U.S. art museum. The inaugural exhibition, “Jewels, Gems and Treasures: Ancient to Modern,” will include about 75 objects dating from 2400 B.C. to 2003. The pieces are culled largely from the museum’s 11,000-piece jewelry collection, which has been bolstered through significant gifts and acquisitions over the past five years.

Highlights from the collection include the 1856 Tiffany & Co. diamond necklace that Samuel Colt gave to his wife, Elizabeth Hart Jarvis, on their wedding day; a suite of gold and diamond pieces that once belonged to Mary Todd Lincoln; a 19th-century tiger claw necklace from Northern India; and an Arts and Crafts-era gold, silver, moonstone and pearl marsh bird hair ornament made by Charles Robertchristian louboutin pump

Jewelry also has a new and heightened presence in the MFA’s year-old Art of the Americas Wing, where it has been installed for the first time alongside paintings, sculptures and other objects from the same periods. In the past, jewelry has been included mainly in displays of ancient or non-Western art.
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The new gallery at MFA marks a turning point for the field. “This seems to be as significant as when art museums began having departments and curators for textiles,” says Marjorie Schwarzer, author of “Riches, Rivals, and Radicals: 100 Years of Museums in America.” “It’s taking these art forms that were considered ‘craft’ and then were considered ‘women’s arts’ and elevating them to fine art.”

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States Test Education Law

July 20th, 2011 by gemswiss

States Test Education Law
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Wisconsin Gov. Scott Walker has been at odds with state schools chief Tony Evers over budget cuts, vouchers and teachers’ collective-bargaining rights. But they have found common ground in their aggravation with No Child Left Behind.Ball Gown Wedding Dresses

Messrs. Walker and Evers formed a joint committee this month that will write a new state policy to replace the federal law requiring schools to ensure all students are passing state math and reading exams by 2014. No Child Left Behind is “broken,” they have said.

“We are not trying to get around accountability,” Mr. Walker, a Republican, said in a phone interview. “But instead of using the blanket approach that defines a lot of schools as failures, we will use a more strategic approach so we can replicate success and address failure.”Cosplay Costumes

Wisconsin and other states say No Child Left Behind unfairly penalizes schools that don’t meet rigid requirements. Tired of waiting for Congress to overhaul the law, some states have taken matters into their own hands.

South Dakota, Montana and Idaho recently told federal officials they would disregard key aspects of the law. Wisconsin officials plan to ask the U.S. Department of Education if they can substitute a state-developed accountability policy in place of the law, and Tennessee is considering a similar move.
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U.S. Secretary of Education Arne Duncan said last month that if Congress didn’t overhaul No Child Left Behind soon he would waive certain requirements in exchange for states adopting changes he supports, such as linking teacher evaluations to student achievement and expanding charter schools. He hasn’t provided any details of the waiver package.

Justin Hamilton, a spokesman for the department, said states must either follow the law or apply for a waiver. “There is no Plan C,” he said, adding that the department can withdraw federal funding from states that don’t comply.
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No Child Left Behind, which President George W. Bush proposed and later signed into law, has been widely criticized for labeling too many schools as failures, narrowing school curricula and prodding states to water down standardized tests. The law has been up for renewal since 2007, with Congress extending it a year at a time.

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