IHT Rendezvous: Oscar Anticipation in the Subtitle Category

PARIS—With the multiple nominations for “Lincoln,” “Django Unchained” and “Zero Dark Thirty,” Europeans may see this year’s Academy Award field as something of a celebration of American history, in the age of Obama.

Still, “Amour,” Michael Haneke’s Austrian film shot in France and in French, made it into the best picture category, confirmation that the Academy thinks subtitled films can hold their own against American blockbusters. “Amour,” about life, death, age and love, is nominated in five categories (best picture, best foreign film, best actress, director and screenplay).

As Vanessa Thorpe wrote recently in The Guardian, “Academy voters appear to be hinting at a new openness to other cultures and the growing acceptability of subtitled entertainment.”

She theorized that a larger cultural shift is happening:

The new appetite for foreign fare might have started with the mass popularity of translated Scandinavian thrillers, from Stieg Larsson to Jo Nesbo, or it may have been the accidental result of cash-strapped public television schedulers searching for new quality drama with a reasonable price tag.

France took great national pride in last year’s best picture winner, “The Artist,” but, as Elaine Sciolino wrote at the time, it was shot in Los Angeles with an American crew, the rights were bought by an American, and it is all about Hollywood.

The fierce competition this year, and perhaps its grim subject matter, makes “Amour” something of a long shot as best picture. Among the best foreign-language film nominees, however, it stands as the overwhelming favorite to take the prize at the awards ceremony on Feb. 24.

The film has already swept all the European awards, including the 2012 Cannes Film Festival Palme d’Or; it was given the Golden Globe last week for best foreign language film, and more than 20 other awards and nominations. Oscar observers tend to agree it should leave with a golden statue, if not for best picture then surely for best foreign film.

But award ceremonies sometimes welcome surprises, and the foreign film category this year has some other strong contenders. The selection was made from a record-breaking 71 submissions in the category this year.

With two Scandinavian films in the running, three of the five nominees are from Europe. Denmark’s entry, “A Royal Affair,” a sumptuous romantic drama set in the 18th century, lost to “Amour” at the Golden Globes but took two awards at the Berlin International Film Festival: for best script and best actor for Mads Mikkelsen, whom you might recognize as the villain from “Casino Royale.”

“Kon-Tiki,” a box-office hit from Norway, got a double Golden Globe-Oscar nomination. It tells the story of Thor Heyerdahl’s 1947 trip across the Pacific on a small raft with five other men. Larry Rohter, who has been following the foreign film race closely for The New York Times, writes on the Carpetbagger blog that the Weinstein brothers are reportedly planning to release it in English this year.

Last year’s contenders included Iranian and Israeli films, this year the remaining two nominees are from the Americas.

The Chilean director Pablo Larrain was third-time lucky with “No,” his third film about the Pinochet years. Starring Gael Garcia Bernal, the film is about the 1988 referendum that ended the Pinochet dictatorship in Chile. This is Mr. Larrain’s second attempt at the award after being shortlisted in 2008 for his film “Tony Manero,” With “No,” which opens in February in the United States, Mr. Larrain won the top prize in the Directors’ Fortnight section at Cannes.

In a recent Q&A with Larry Rohter, the 36-year-old director talked about the difficulty that film committees face in choosing their entries for the Oscars. “What happens when the committee in each country meets to decide, sometimes they make the mistake that they think the movie that should be submitted is the one that they like more themselves,” he said.

Canada got a nod with “War Witch,” a film shot primarily in Congo about an adolescent girl-soldier trapped in civil war. The film, in French and the African language Lingala, wowed the critics and was awarded a top prize at this year’s Tribeca Film Festival. The nomination was yet another win for the government-supported National Film Board of Canada, which has garnered Oscar nominations for three years in a row.

Neither “No” nor “War Witch” made it into the Golden Globes selection.

The nomination will probably help “No” when it begins its release in Europe and the United States next month, as being in the Oscar race often gives movies a “nomination bump” in box-office figures, though Edmund Helmer wrote in an analysis recently for Reuters that a Golden Globe may be a better win financially.

One film that didn’t need to wait for its Golden Globe nomination to rock the box-office was “The Intouchables,” perhaps the most surprising absentee of the Oscars’ foreign film selection. The French movie, about the friendship between a rich Parisian quadriplegic and his caretaker, has become the highest-grossing film ever made in a language other than English, with a worldwide box-office take of roughly $410 million, about three times that of “The Artist.” Take that, Oscar.

Are you more likely to see a movie if it has won awards? Does the prospect of subtitles keep you from seeing a movie? And are there films you’ve seen that you think should have been nominated in the foreign film category that weren’t?

Fill out your own ballot in The New York Times Oscar poll.

Read More..

I Might Be Too Old for Facebook Graph Search






On Sunday, I turned 30.


That’s not too old, I tell myself, yet the signs of aging are creeping in. Teenagers listen to music that I either haven’t heard of or believe to be mostly terrible. They use slang I don’t recognize, and I imagine my slang would sound to them like “groovy” or “far out” sound to me.






But for the purposes of our tech blog, the most notable sign is how much more active teens are on Facebook than I am. To hear it from my wife, who works with children and teens at her job, they’re constantly signed in and active, to the point that reaching them by voice call is unreliable. Send them a Facebook message, even during school hours, and they’ll respond right away. (The reality isn’t quite that extreme; according to a Pew survey, most teens communicate through text messages and phone calls more than Facebook, but e-mail is far behind.)


So when Facebook announces a new feature, like Graph Search, I imagine those teens getting the most use out of it. Graph Search lets you look up people, places, photos and other things using natural search queries. Think of it like Google for everything that your friends know; instead of searching the Web for somewhere to eat or something to do, you could just search through the collective wisdom of your network.


Here are some of the example searches on Facebook’s Graph Search home page:


  • Music my friends like

  • Restaurants in London my friends have been to

  • People who like cycling and are from my hometown

  • Photos before 1990

Being able to find all that information–and provide your own information for friends–sounds great. But unless you and your pals are putting lots of data in, you’re probably not going to get a lot of data out. I know for sure that I haven’t put much effort into connecting my real life story to Facebook, and as I poke around my network, I see that many of my friends haven’t either. They don’t check in to places they visit. They don’t “Like” everything that they actually like. They haven’t uploaded photos from before 1990. Collectively, we haven’t invested in making Graph Search as useful as it could be.


It might be different if I was part of the generation that uses Facebook more often. Though it’s hard to find data on how Likes and check-ins vary by age, younger users tend to have more Facebook friends than older ones, according to Edison Research, so at least they have a bigger base of people to work with. And according to a 2011 study, teens spend more time on the network per day than older users. If posting on Facebook is part of your social circle’s daily life–that is, it’s not just a way to see what old high school buddies are up to–I imagine Graph Search will be a lot more useful.


That’s not to say Graph Search won’t be of any value to someone like me. It could come in handy as a way to sort through photos, for instance. There’s also a chance that Facebook will improve the ways that it picks up on our interests, and integrate frictionless sharing so there’s less work involved in becoming an information source.


But while I plan to keep up with technology for a long time, I realize it’s hard to keep using social networks like a teenager when your friends are getting older too. Facebook isn’t part of my daily life anymore, so I can’t imagine rewiring my habits and turning it into a primary information source, especially if my friends aren’t doing the same.  It’s much easier to rely on the tools I already have, such as traditional search engines and sites like Yelp–just like it’s easy to stop keeping track of popular music or to pick up on new slang.


Graph Search is in “very limited” beta now, and users who want to try it can join the waiting list. I look forward to seeing what I can do with it, even if it’s not really for me. In the meantime, here’s to growing older.


Social Media News Headlines – Yahoo! News





Title Post: I Might Be Too Old for Facebook Graph Search
Url Post: http://www.news.fluser.com/i-might-be-too-old-for-facebook-graph-search/
Link To Post : I Might Be Too Old for Facebook Graph Search
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

The Biggest Loser's Alison Sweeney Blogs: The Entire Family Needs Fight Childhood Obesity Together















01/22/2013 at 08:30 AM EST



Alison Sweeney hosts NBC's The Biggest Loser and is the award-winning star of Days of Our Lives, in addition to being an author, director, producer, wife and mom. Like she has for the past two seasons, Alison will blog each week about the latest episode of The Biggest Loser. Follow her on Twitter @Ali_Sweeney

Can you imagine if Bob Harper surprised you at dinner or if Dolvett Quince walked into your classroom? How would you react?

Watching the kids's reactions to Bob, Jillian and Dolvett surprising them was priceless.

Seeing how Biingo and his family have struggled financially breaks my heart but, like Bob, I was impressed by how they've managed and that they've been able to make healthier choices without spending more money. One thing that was reinforced this week was that the entire family needs to work together to combat childhood obesity. All the pressure can't be placed on the kids.

While the trainers were gone, I had a blast running with the contestants in the 5K. I always try to get a workout in each day and by doing the run at work, I was set for the day!

Plus, it was a gorgeous setting at the beach and anyone who follows my blogs on my website knows how much I love to work out outdoors.

While the competitor in me wanting to be at the front of the pack, there was something really special about staying with some of the contestants who were struggling and helping to keep them motivated.

At the end, I did have to pick up my pace to welcome the contestants across the finish line, and it was so fun to cheer them to the end.

Francelina jammed at the end and Jackson made sixth place despite his physical restrictions. As some of the contestants ran back to help Michael and Alex at the end, it was a reminder of what The Biggest Loser is all about – helping one another to get in shape and accomplish their goals.

By the time we got to the weigh-in, tensions were high.

Favorite moment of the week: Any moment with Jackson – when he was leading his team and especially at the weigh-in. He's just so funny and in that way, he reminds me of Dan Evans. Remember him?

Read More..

Flu season fuels debate over paid sick time laws


NEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.


A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home the next day, then loaded up on medicine and returned to work.


"It's a balancing act" between physical health and financial well-being, she said.


An unusually early and vigorous flu season is drawing attention to a cause that has scored victories but also hit roadblocks in recent years: mandatory paid sick leave for a third of civilian workers — more than 40 million people — who don't have it.


Supporters and opponents are particularly watching New York City, where lawmakers are weighing a sick leave proposal amid a competitive mayoral race.


Pointing to a flu outbreak that the governor has called a public health emergency, dozens of doctors, nurses, lawmakers and activists — some in surgical masks — rallied Friday on the City Hall steps to call for passage of the measure, which has awaited a City Council vote for nearly three years. Two likely mayoral contenders have also pressed the point.


The flu spike is making people more aware of the argument for sick pay, said Ellen Bravo, executive director of Family Values at Work, which promotes paid sick time initiatives around the country. "There's people who say, 'OK, I get it — you don't want your server coughing on your food,'" she said.


Advocates have cast paid sick time as both a workforce issue akin to parental leave and "living wage" laws, and a public health priority.


But to some business owners, paid sick leave is an impractical and unfair burden for small operations. Critics also say the timing is bad, given the choppy economy and the hardships inflicted by Superstorm Sandy.


Michael Sinensky, an owner of seven bars and restaurants around the city, was against the sick time proposal before Sandy. And after the storm shut down four of his restaurants for days or weeks, costing hundreds of thousands of dollars that his insurers have yet to pay, "we're in survival mode."


"We're at the point, right now, where we cannot afford additional social initiatives," said Sinensky, whose roughly 500 employees switch shifts if they can't work, an arrangement that some restaurateurs say benefits workers because paid sick time wouldn't include tips.


Employees without sick days are more likely to go to work with a contagious illness, send an ill child to school or day care and use hospital emergency rooms for care, according to a 2010 survey by the University of Chicago's National Opinion Research Center. A 2011 study in the American Journal of Public Health estimated that a lack of sick time helped spread 5 million cases of flu-like illness during the 2009 swine flu outbreak.


To be sure, many employees entitled to sick time go to work ill anyway, out of dedication or at least a desire to project it. But the work-through-it ethic is shifting somewhat amid growing awareness about spreading sickness.


"Right now, where companies' incentives lie is butting right up against this concern over people coming into the workplace, infecting others and bringing productivity of a whole company down," said John A. Challenger, CEO of employer consulting firm Challenger, Gray & Christmas.


Paid sick day requirements are often popular in polls, but only four places have them: San Francisco, Seattle, Washington, D.C., and the state of Connecticut. The specific provisions vary.


Milwaukee voters approved a sick time requirement in 2008, but the state Legislature passed a law blocking it. Philadelphia's mayor vetoed a sick leave measure in 2011; lawmakers have since instituted a sick time requirement for businesses with city contracts. Voters rejected a paid sick day measure in Denver in 2011.


In New York, City Councilwoman Gale Brewer's proposal would require up to five paid sick days a year at businesses with at least five employees. It wouldn't include independent contractors, such as Zavala, who supports the idea nonetheless.


The idea boasts such supporters as feminist Gloria Steinem and "Sex and the City" actress Cynthia Nixon, as well as a majority of City Council members and a coalition of unions, women's groups and public health advocates. But it also faces influential opponents, including business groups, Mayor Michael Bloomberg and City Council Speaker Christine Quinn, who has virtually complete control over what matters come to a vote.


Quinn, who is expected to run for mayor, said she considers paid sick leave a worthy goal but doesn't think it would be wise to implement it in a sluggish economy. Two of her likely opponents, Public Advocate Bill de Blasio and Comptroller John Liu, have reiterated calls for paid sick leave in light of the flu season.


While the debate plays out, Emilio Palaguachi is recovering from the flu and looking for a job. The father of four was abruptly fired without explanation earlier this month from his job at a deli after taking a day off to go to a doctor, he said. His former employer couldn't be reached by telephone.


"I needed work," Palaguachi said after Friday's City Hall rally, but "I needed to see the doctor because I'm sick."


___


Associated Press writer Susan Haigh in Hartford, Conn., contributed to this report.


___


Follow Jennifer Peltz at http://twitter.com/jennpeltz


Read More..

Stock futures flat at five-year highs, investors await earnings

NEW YORK (Reuters) - Stock index futures were flat on Tuesday as investors held back from making large bets ahead of an onslaught of corporate earnings and after recently notching five-year highs.

Both the Dow and S&P 500 closed at their highest levels the earnings season. U.S. markets were closed on Monday for a public holiday.

Despite stronger-than-expected earnings results from major companies, including big banks, at the start of the quarterly reporting season, many investors are worried that other reports will reflect economic uncertainty in the fourth quarter.

"The market has been pleased with earnings thus far, and it is encouraging to see a cyclical company like DuPont show revenue strength, but I'm waiting on more tech and energy earnings until I come down one way or the other on this season," said Adam Sarhan, chief executive of Sarhan Capital in New York.

posted a steep drop in earnings on reduced demand for paint pigment, though revenue was ahead of expectations.

Verizon Communications Inc fell 1.1 percent to $42.06 in premarket trading after reporting a steep loss due to pension liabilities and charges related to superstorm Sandy that offset strength in its wireless business. Travelers Cos Inc also posted earnings that were hurt by losses related to Sandy.


DuPont, Verizon and Travelers are all Dow components, as is Johnson & Johnson , slated to report later Tuesday along with Google Inc and Texas Instruments . Tech earnings will be in particular focus after Intel Corp last week gave a revenue outlook that was below expectations.


Overall, S&P 500 fourth-quarter earnings are forecast to have risen 2.5 percent, according to Thomson Reuters data. That estimate is above the 1.9 percent forecast from a week ago but well below the 9.9 percent fourth-quarter earnings forecast from October 1, the data showed.


S&P 500 futures rose 0.3 point but remained below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 8 points and Nasdaq 100 futures rose 5 points.


Monday was a market holiday for Martin Luther King Day in the United States, and also marked the start of a second term for President Barack Obama, who called for aggressive action on climate change, economic equality and the federal budget.


"It remains a question whether Obama will be able to deliver on his agenda, but a sector like solar power companies could continue to be strong as he pushes for action," Sarhan said.


Markets have recently been pressured by uncertainty stemming from Washington about the federal debt limit and spending cuts that could hamper U.S. growth.


Republican leaders in the House of Representatives said they aim to pass on Wednesday a nearly four-month extension of the U.S. debt limit, allowing the government to borrow enough to meet its obligations during that period.


U.S. shares of Research in Motion jumped 8.9 percent to $17.25 in premarket trading after its chief executive said the company may consider strategic alliances with other companies after the launch of devices powered by RIM's new BlackBerry 10 operating system.


The Dow and S&P 500 closed at five-year highs on Friday as the market registered a third straight week of gains on a solid start to the quarterly earnings season, including from Morgan Stanley and General Electric Co .


(Editing by Chizu Nomiyama)

Read More..

IHT Rendezvous: Obama's Second Term: Not Necessarily Cursed

WASHINGTON — Second-term U.S. presidents encounter political turbulence, their poll ratings plummet as the public sours. Right?

Wrong.

In my latest Letter from Washington, I lay out who in Washington believes Barack Obama has a chance of actually accomplishing something in his second term and who doesn’t — and why.

(Technically, Mr. Obama has already begun his second term. He was sworn in on January 20 before noon Eastern time, per the Constitution, though the public inauguration is only at noon Monday.)

But the historical record is more nuanced than the conventional wisdom that second terms are doomed to end in failure or scandal.

Over the past 60 years, there have been five re-elected U.S. presidents: Dwight Eisenhower, Richard Nixon, Ronald Reagan, Bill Clinton and George W. Bush.

Two fit the conventional notion: Mr. Nixon, whose ratings fell through the floor when he became ensnared in Watergate criminality, was eventually forced to resign. Mr. Bush’s second term failed after his major miscalculation in trying to partially privatize Social Security and his administration’s woeful response to the Hurricane Katrina disaster.

The other two-termers went out on a high, with approval ratings of 60 percent or higher. Even with political setbacks, President Eisenhower maintained his status as an above-the-fray figure that he had acquired since serving as the supreme allied commander in World War II.

The re-elected President Reagan had a rough first couple of years with a flawed new chief of staff, the former Wall Street executive Donald Regan, and the Iran-contra scandal. However, led by his Treasury secretary, Jim Baker, he was able to lead the way to sweeping tax reform. And encouraged by his wife, Nancy, and Secretary of State George Shultz, Mr. Reagan signed a nuclear-arms reduction treaty with the Soviet Union. He was enormously popular when he left office.

So was Bill Clinton in 2001, with a backlash against the political effort by House Republicans to impeach him for lying about an affair. Right before he left office, the Gallup poll reported that President Clinton had a 66 percent approval rating. Within weeks, his popularity plummeted when news surfaced of his final-hours pardon of the tax fugitive Marc Rich. Ever resilient, he came back and today there is no more popular political figure in the United States.

Read More..

Why Google Isn’t Scared of Facebook’s Graph Search






Facebook may have just released a major search product that many are saying “declares war” on Google or may at least put the social network “on a collision course” with the search giant, but Google CEO Larry Page doesn’t sound all that worried about the new competition. Because who said Facebook and Google couldn’t get along someday? In an interview for the new issue of Wired published just two days after Facebook’s Graph Search came out to so-so reviews, Page tells Steve Levy that Facebook is “doing a really bad job on their products.” But before you laugh off that swipe — Google Buzz flopped, Google killed Reader, and Google+ has a loyal but relatively small user base — Page wants to remind everyone that Facebook isn’t direct competition, that these two Silicon Valley giants are too big for either to fail. “We’re actually doing something different,” Page tells Levy. “I think it’s outrageous to say that there’s only space for one company in these areas.”


RELATED: Three Things Google+ Can Learn from Myspace






That’s not to say Page isn’t making Google go social, or that Facebook isn’t in his rearview mirror. Facebook CEO Mark Zuckerberg has long talked about the rise of social search, and Page has taken a vested interest of late in getting people to use Google+ — even if they don’t want to. In an attempt to conquer the space, direct orders from Page forcefully integrated Google’s social network into its main search results… and pretty much everywhere else its products touch. If it were up to Larry Page, Google would require a Google+ account just to read reviews. His evaluation of Google+ as it stands? “I’m very happy with how it has gone. We’re working on a lot of really cool stuff. A lot of it has been copied by our competitors, so I think we’re doing a good job.”


RELATED: FTC Is Officially Looking into Google’s Self-Promoting Search Features


Critics might beg to differ — Google+ is often referred to as a lesser “Facebook copycat” from the search king — but critics are now comparing Facebook’s search product (which was announced before the Wired interview with Page was conducted) to Google’s main offering. And from a product standpoint, Facebook may have yet to train its users to give Graph Search what it needs to be great. Furthermore, business analysts seem to agree that Facebook’s social recommendation engine won’t hurt Google’s core business … in the near future. But Zuckerberg said at Tuesday’s announcement that Facebook wasn’t focused on the business side of Graph Search just now — even if it does offer huge advertising potential. At the same time, Graph Search could take away eyeballs (and ad dollars) from Google. If Facebook, with its friend-powered engine, ends up giving “better” results than Google for recommendations on restaurants, travel, books, music, and movies — a domination Google is still fighting anti-trust charges over — then why end up Googling at all?


RELATED: The New Google+ Aims to Perfect Procrastination


Well, even Page might think Facebook and Google can complement each other — sort of. To wit, he asked Levy: “For us to succeed, is it necessary for some other company to fail? No.” As Zuckerberg said on Tuesday, “our mission is to make the world more open” by giving people tools to connect. And Google’s stated mission ”is to organize the world’s information and make it universally accessible and useful.” Are those so similar that they can’t get along? After all, that could be the future of search: You go to Facebook to see what your friends and the people you trust have to say, and then you head to Google for the facts. Of course, neither Facebook or Google wants the future that way, exactly: Facebook has actually teamed up with Microsoft to complement Graph Search, sending people to Bing for those fact-finding, Google-style queries; Google, meanwhile, as Google+ as its social-search equivalent of Graph Searching. And users don’t really want to go to so many different places for basic information that’s built to make their lives easier. Part of the reason people have stuck with Google, despite all of its privacy and anti-trust issues, is that the company’s ultimately done a really good job on their products — GMail, Google Drive, Reader, and their fellow “apps” have become an integral part of our Internet lives. Facebook wants that role, and if social search ends up working — well, then why not chat on Facebook, email (and make phone calls) with Messenger, sext with Poke, and read your news via the News Feed? 


RELATED: Why Google Really Wants You to Use Google+ This Year


Of course, Page said all this stuff weeks ago. And who knows how Graph Search is going over at Google headquarters. Maybe he just he meant a different product that was so… bad. Or maybe he really just doesn’t get Poke? Either way, Larry Page knew this fight was coming. The whole world did.


Social Media News Headlines – Yahoo! News





Title Post: Why Google Isn’t Scared of Facebook’s Graph Search
Url Post: http://www.news.fluser.com/why-google-isnt-scared-of-facebooks-graph-search/
Link To Post : Why Google Isn’t Scared of Facebook’s Graph Search
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Mandy Moore & Minka Kelly Have a Makeup-Free Brunch in West Hollywood















01/21/2013 at 08:00 AM EST







Minka Kelly and Mandy Moore


Splash News Online


Mandy Moore and Minka Kelly are ladies who brunch.

Joined by another female friend, the pair stepped out for brunch at BLD in West Hollywood on Saturday.

"They were very low-key and sat in the center of the restaurant, pretty much unnoticed by fellow diners," an onlooker tells PEOPLE.

Both of the famous friends were dressed down – Moore wore her hair in a bun and a gray V-neck T-shirt, while Minka sported a cozy gray sweater with her hair down in waves – and "didn't have a stitch of makeup on," the source adds.

While deep in conversation, Moore sipped on iced tea while the table shared granola, fruit, sandwiches and salads.

– Melody Chiu


Read More..

European shares test two-year highs, yen volatile before BOJ

LONDON (Reuters) - European shares inched towards two-year highs and German Bund futures dipped on Monday, as a political attempt to break a budget impasse in the United States revived appetite for shares and dented demand for safe-haven assets.


U.S. House Republican leaders said on Friday they would seek to pass a three-month extension of federal borrowing authority in the coming days to buy time for the Democrat-controlled Senate to pass a plan to shrink budget deficits.


European shares <.fteu3> were supported by the news <.eu>, but with no clear response from the Democrats and a thin session expected due to a market holiday in the United States, the impact on other assets such as Bunds is likely to be limited.


An early morning push by London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> was beginning to fade by mid-morning, leaving the pan-European FTSEurofirst 300 up 0.1 percent and MSCI's world index <.miwd00000pus> steady at a 20-month high. <.l><.eu/>


"There's a bit of encouragement coming out of the U.S.," said Toby Campbell-Gray, head of trading at Tavira Securities in Monaco.


He added that equity markets had remained resilient in the face of an uncertain economic outlook as many investors had stepped in to buy "on the dip" on days when shares had fallen.


Ahead of the region's first finance ministers' meeting of the year, the euro was down slightly at just over $1.33 against the dollar, while the yen firmed after touching a new low, ahead of a Bank of Japan decision expected to deliver bold monetary easing.


According to sources familiar with the Bank of Japan's thinking, the government of new Prime Minister Shinzo Abe and the central bank have agreed to set 2 percent inflation as a new target, supplanting a softer 1 percent 'goal'.


The dollar rose to as high as 90.25 yen earlier on Monday, its highest since June 2010. It later slipped 0.7 percent on the day to 89.39 yen, as traders cut short positions given the BOJ has often fallen short of market expectations.


"Investors are being mindful that the moves we have seen over the course of the last month or two are just worth locking in at least until we understand how the BOJ are really going to play in the future," said Jeremy Stretch, head of currency strategy at CIBC World Markets.


CURRENCY WAR


Japanese equities have surged in recent weeks in anticipation of a more aggressive monetary policy stance, but not everyone is happy.


The slump in the yen has prompted Russia's deputy central bank governor to warn of a new round of 'currency wars' and the medium-term risk of running ultra-loose monetary policies is likely to be a theme of the World Economic Forum in Davos, which opens on Wednesday.


With little in the way of economic data or debt issuance and U.S. markets shut for the Martin Luther King public holiday, the rest of the day was expected to be a fairly quite day for investors.


In bond markets, German Bund yields rose close to the top of this year's 30 basis points range, after Republican lawmakers' efforts to give the U.S. government leeway to pay its bills for another three months. Most other euro zone bonds were trading virtually flat.


The U.S. Treasury needs congressional authorisation to raise the current $16.4 trillion limit on U.S. debt sometime between mid-February and early March. A failure to achieve that could lead to a debt default.


"This is part of the political game, it remains to be seen whether the Democrats will accept it," KBC strategist Piet Lammens said, adding that investors' working scenario was that a solution to raise the ceiling would be eventually found anyway.


OIL OVERSUPPLY


German markets showed no reaction after the country's centre-left opposition party edged Chancellor Angela Merkel's conservatives from power in a regional election on Sunday, reviving its flagging hopes for September's national election.


Oil prices took their cues from a report in the United States at the end of last week that showed consumer sentiment at its weakest in a year as a result of the uncertainty surrounding the country's debt crisis.


Concerns about demand overshadowed supply disruption fears reinforced by the Islamist militant attack and hostage-taking at a gas plant in Algeria, a member of the Organization of Petroleum Exporting Countries.


Brent futures were down by 17 cents to $111.72 per barrel by 1030 GMT. U.S. crude shed 40 cents to $95.16 per barrel after touching a four-month high last week.


"The over-riding fundamental feeling in the market is that crude oil is over-supplied in 2013," said Tony Nunan, an oil risk manager at Mitsubishi.


Last week's data showing a pick-up in the Chinese economy helped keep growth-sensitive copper prices steady at roughly $8,058 an ounce. Gold, meanwhile, reversed Friday's losses to stand at $1,688 an ounce.


(Additional reporting by Sudip Kar-Gupta, Marious Zaharia and Anooja Debnath; Editing by Will Waterman and Giles Elgood)



Read More..

India Ink: Modern Lessons From Arranged Marriages





WHETHER arranged marriages produce loving, respectful relationships is a question almost as old as the institution of marriage itself. In an era when 40 to 50 percent of all American marriages end in divorce, some marriage experts are asking whether arranged marriages produce better relationships in the long run than do typical American marriages, in which people find each other on their own and romance is the foundation.




Experts also ask whether there are lessons in how arranged marriages evolve that can be applied to nonarranged marriages in the United States. Among them is Robert Epstein, a senior research psychologist at the American Institute for Behavior Research and Technology in Vista, Calif., and author of a new study, “How Love Emerges in Arranged Marriages.”


He found that one key to a strong arranged marriage is the amount of parental involvement at its start. The most important thing parents of the couple do, he said, is to “screen for deal breakers.”


“They’re trying to figure out whether something could go wrong that could drive people apart,” Dr. Epstein said.


Some couples who have entered into satisfying arranged marriages do attribute the success of their unions to the involvement of their parents. A. J. Khubani was 25 in 1985 when his parents tried to get him to visit Inder Sen Israni and Maya Israni in Jaipur, India, friends of the Khubani family, and meet the couple’s daughter Poonam.


“I just refused,” said Mr. Khubani, who was not keen on settling down because he had just started Telebrands, a company in Fairfield, N.J., that sells inventions via infomercials on late-night television. “I didn’t see why it was so important that I had to fly across the world to see one girl,” Mr. Khubani, now 52, remembered.


Ms. Israni, now Mrs. Khubani, was not ready, either. At the time she was a soap opera star and rising Bollywood actress.


Getting them to meet took some prodding: Mr. Khubani’s father, knowing that his son was going to Asia on business, offered to pay his way if he stopped in Jaipur. The young man and woman both relented, with the casual assumption that they would just please their parents “and that would be the end of it,” Mrs. Khubani said.


When they finally met, neither was impressed. Mrs. Khubani recalled, “It wasn’t love at first sight at all.” Love did not kick in until Mr. Khubani became sick and the young woman he had just met stayed by his bedside to care for him. “Nobody understood his accent because he was so American,” she said, and so she was his translator. For Mr. Khubani, her caring and elegant manners sealed the deal.


“Spending a couple of days in the room with her, alone, I fell in love with her,” he said.


They have been married for 27 years.


Arranged marriages can work “because they remove so much of the anxiety about ‘is this the right person?’ ” said Brian J. Willoughby, an assistant professor in the School of Family Life at Brigham Young University. “Arranged marriages start cold and heat up and boil over time as the couple grows. Nonarranged marriages are expected to start out boiling hot but many eventually find that this heat dissipates and we’re left with a relationship that’s cold.”


He also credited supportive parents.


“Whether it be financial support for weddings, schooling or housing, or emotional support for either partner, parents provide valuable resources for couples as they navigate the marital transition,” Dr. Willoughby said.


But does it really take a village to build a strong marriage?


“I don’t think love marriage and arranged marriage are as different as we make them out to be,” said Michael J. Rosenfeld, an associate professor in the department of sociology at Stanford University. “The people we end up married to or partnered up with end up being similar to us in race, religion and class background and age, which means that they might not be all that different from the person that your mother would have picked for you.”


Divorce rates have climbed in countries like South Korea, Iran, China, and even in India, where parents traditionally have had a strong hand in the marriages of their children. And while India may boast of having one of the lowest divorce rates in the world — below 3 percent by some estimates — divorce there still carries a great stigma. It is also a country in which divorce sometimes is not an option for many women and those seeking dissolution have encountered violence.


In the United States, both parents and young adults still value marriage, Dr. Willoughby said. Their differences, he wrote in an e-mail, “are in sequencing and timing. It’s more about parents and children disagreeing about how they get to marriage and when it happens.”


With “free-range” marriages predominant, this approach discourages parental intervention.


“We celebrate autonomy,” noted Dr. Epstein, which, he explained, is why adult children bristle at the idea. But given the speed at which couples meet, greet, cohabitate and separate these days, he said, he thought there was some logic in trying a method that has worked for so many couples and in so many cultures.


Orthodox Jews in the United States are known for arranging marriages, with some parents using professional matchmakers.


“In the secular world, a lot of the times a couple will fall in love with each other and then at that point they lose objectivity,” said Rabbi Steven Weil, the executive vice president at the Orthodox Union in New York. In arranged marriages, however, “there is a lot of homework, a lot of energy spent, before a young man and woman fall in love with each other. For that reason, the parents are involved. But obviously it’s the decision of the young man and woman, but a parent knows a child.”


For many Korean mothers, the prospect of marriage for their children is not a wait-for-it option. These parents also call in professional matchmakers to direct their career-minded children into becoming marriage-minded.


Diane Kim of Janis Spindel Serious Matchmaking in New York reported that some 40 percent of her clients in the agency’s Asian-American division are mothers calling on behalf of their sons. Many have a “demand” list of expectations Among them: the woman must be beautiful, have an Ivy League education, come from a good family whose members are also educated, and have professional goals similar to their son.


“And then they say, ‘Can you find somebody that fits that mold?’ ” said Ms. Kim, whose matchmaking fees start at $5,000 and include 12 introductions. “My job is not just about setting people up; it’s about educating the parents.”


Bringing about these mother-tested, child-approved marriages is not easy. “I have instances where parents pay without the knowledge of their children,” Ms. Kim said, “and I would have to contact the children and tell them, ‘Hey, this might be a little awkward — and a big surprise — but your parents have signed you up. Don’t freak out.’ ”


It was through the efforts of Ms. Kim, while she was employed at another matchmaking service, Duo, that Neil Hwang, 34, a management consultant for a Manhattan investment firm, married his wife, Patty, last July.


“My mother was very proactive about getting me set up to meet women,” said Mr. Hwang, who also noted that both his parents were members of a social club that those in Mr. Hwang’s age group had nicknamed Korean Parents United for Unmarried Children.


Mrs. Hwang, a social studies teacher at a public high school in Bergen County, N.J., had also reached the crisis age of 31 and was under pressure from her parents. She was gently coerced into trying out a matchmaking service at the recommendation of her father, who had already paid for it. When the couple married last summer, Mrs. Hwang recalled her parents saying with some degree of triumph, “We knew it was going to happen!”


When his first marriage ended in divorce, Deepak Sarma, 43, a professor of religious studies at Case Western Reserve University, said he learned a valuable lesson in doing things in accordance with family approval. When it came time to make a second go at marriage, he approached his parents, asking, “Who’s out there for me?” But as an Indian-American divorcĂ©e who was not a doctor, lawyer or engineer, it was clear to his parents that his “low desirability” would make any marital arrangement difficult.


Once, while Professor Sarma was in India, his parents arranged for him to meet with a few prospective fathers-in-law. Although his offer implicitly included “a passageway to America,” he said they immediately discarded his candidacy as a groom.


“I wasn’t good enough,” he said.


Instead, he met a woman at a networking event in Cleveland in 2004. She was an internist at a clinic nearby and happened to see Mr. Sarma, a Hindu, on a panel speaking about Jainism, a religion practiced by her family, who had long insisted on her marrying within the faith. Hearing Mr. Sarma talk about a world that had closed her off to so many people, that woman, now his wife, Dr. Rita Sarma, felt a connection.


“I could hardly stay in tune with the lecture itself because I was thinking, ‘Who is this guy?’ ” Dr. Sarma said. “He was looking kind of dash. So I lingered around, and I kind of waited.”


The two bonded over their experiences in the culture of American-born confused Desis, slang for Americanized Indians.


“It was serendipitous,” Mr. Sarma said. But he still had to persuade her father, and ultimately had to call on his own father to intercede on his behalf. It was only after all of the in-laws passed one another’s criteria that the green light was given.


Dr. Epstein admitted that the tradition of arranged marriages had no hope of gaining wide acceptance in this country.


“We celebrate rugged individualism that is antithetical to the arranged marriage culture,” he said. He argues instead for deeper parental involvement. “When you realize what it is that the families are doing, it makes excellent sense,” he said.


Which is not unlike the experience of the Sarmas, who found an American-style “love marriage” with a familial twist. Mr. Sarma now revels in the fact that he is living what has long been held up as an American marriage ideal.


“The great irony is, like, I came back here and I married a doctor, right?” he said.

Read More..