Eerie calm as EM equity volatility hits record low

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Article source: https://www.ft.com/content/fc030ee8-5a84-11e7-9bc8-8055f264aa8b

Italy’s Lucky Red nabs Ridley Scott’s “All the Money in the World”

Italy’s Lucky Red nabs Ridley Scott’s “All the Money in the World”

PanARMENIAN.Net – Italy’s Lucky Red has acquired Italian rights to Ridley Scott-directed kidnap drama “All The Money in the World” from STX in the first announced sale of the hotly anticipated kidnapping thriller about the true 1973 abduction for ransom of J. Paul Getty III, Variety reveals.

The potentially harrowing crime drama, which is currently shooting in Rome, stars Kevin Spacey as oil billionaire J. Paul Getty, who was reluctant to pay the ransom demanded by Italian kidnappers for his grandson; Michelle Williams as Gail Harris, the kidnapped teenager’s mother; Mark Wahlberg as the ex-CIA negotiator brought on board to help negotiate; and rising star Charlie Plummer in the role of J. Paul Getty III (pictured after his release) whose ear was cut off to coerce the family into paying.

In one of the standout deals of the Cannes market STX in May took international rights to the potentially harrowing crime drama produced by Imperative Entertainment and Scott-Free. Sony Pictures is handling North American and U.K. distribution.

Lucky Red, which is a prominent Italian indie, announced the “Money” acquisition on Monday at a Rome event to celebrate 30 years of activity during which the company has released more than 400 titles on Italian screens. Their recent hits at the Italian box office include Mark Osborne’s animated

Article source: http://world.einnews.com/article/389223306/mfiFat98GUqIXkCJ?ref=rss&ecode=dYZEnKEuqPQMTccj

Is Money the Root of All Good?

. The phrase gestures toward a near-contradiction: After all, money is the root of all evil, the Bible tells us, a constant source—and index—of thievery, exploitation, cruelty, and rapacious greed. Surely, a book with such a title could be little more than a despicably bourgeois—to put it kindly—encomium to one of humanity’s basest passions. 

Not so fast. Readers of Bruckner’s previous works will know to expect at least as much judicious examination as sly provocation. The basic argument here is that sufficient money (or wealth, if one prefers) is essential to a good life—let’s say the life of a modestly successful writer and public intellectual living in one of the world’s great cosmopolitan cities. A life, in other words, a lot like that of Pascal Bruckner. (If this seems a cheap shot, it’s worth noting that Bruckner himself makes the point upfront. After reflecting on the bohemian pleasures of his youth, he writes of his own attempts to develop an appropriately equipoised relationship to money: “Being neither the heir to a fortune nor a financier, I have never been rich enough to forget money or poor enough to neglect it”). 

In short, one must be responsible but an obsession with accumulating ever more—particularly if it entails foregoing the “higher” pleasures of the mind—is the philistine’s sure road to unhappiness.

It’s hardly a novel argument. Indeed, it would appear to be one of humanity’s oldest and most enduring, if the musings of innumerable ancient philosophers are any indication. But that

Article source: http://world.einnews.com/article/389225641/XSKkvfGNqTJff6p4?ref=rss&ecode=dYZEnKEuqPQMTccj

“Bashing Trump makes CNN big money, but their greed has cost them dear” | 9 Takeaways from Piers Morgan’s article

Since Donald Trump moved into office as POTUS 45, he has been the central focus of foreign media outfits. Each speech he makes, each tweet he posts is put under the microscope and scrutinized harshly. And when Russia was discovered, the pitchforks descended.

It’s hard to escape the “media bias” when it comes to Trump (not that he helps any, what with false statements here and there, his aggravating grandstanding and half-baked decisions that make you wonder “What a POTUS”) and now that bias has cost CNN their reputation. Piers Morgan seems to think so, at least. These are our takeaways from his latest article.

******************

 

1 CNN has a new motto

‘CNN, the most trusted name in news,’ bellows James Earl Jones morning, noon and night during the network’s 24/7 programming.

Well, not today it isn’t.

In arguably the most humiliating moment in its history, CNN just accepted resignations from three of its top journalists over a story they got horrendously wrong about President Trump and Russia.

It couldn’t have come at a worse time for CNN, or involved a worse kind of story.

Its war with Trump has escalated on an almost daily basis since he won the presidency.

He furiously brands CNN ‘Fake News’.

2. American Democracy on the line

CNN, in turn, mocks and berates him at every turn and

Article source: http://world.einnews.com/article/389225328/gwgAmYLh80hAKX9Z?ref=rss&ecode=dYZEnKEuqPQMTccj

FASH vs NASS: The waste of money bit is about right

by Alexander O. Onukwue

One of Fashola’s arguments against the change of projects in the budget provisions of the executive is the waste that accrues from the process.

The former Lagos Governor who has served as a Federal Minister since August 2015 made the remark while criticizing the National Assembly’s decision to alter parts of the 2017 Budget by reducing funds for certain projects in order to create money for some projects they inserted into it.

Fashola’s argument was that “it amounted to a waste of tax payers money and an unnecessary distortion of orderly planning and development for all sections of the country, for lawmakers to unilaterally insert items not under the Exclusive or Concurrent lists of the Constitution like boreholes and streetlights after putting Ministries, Departments and Agencies, MDAS, through the process of budget defence”.

Part of the Budget process requires Ministries and other agencies of Government whose budgets are subject to the approval of the National Assembly to appear before it to defend its proposed estimates. The same process had been followed in the process of passing the 2017 Budget before both chambers of the National Assembly, leading up to the signature by the Acting President, Yemi Osinbajo, on the

Article source: http://world.einnews.com/article/389225219/tyCSAp6R1BHHvTOU?ref=rss&ecode=dYZEnKEuqPQMTccj