Economic growth is pitiful. Unemployment has topped 8 percent for an exhausting 43 months. The nation is careering toward a so-called fiscal cliff, and maybe a recession.
So why is the Dow Jones industrial average, that trusty gauge of corporate America’s strength, just 4 percent shy of an all-time record? And why are the smaller public companies measured by the Russell 2000 index almost there already?
Start with two words: Ben Bernanke.
Bernanke, the Federal Reserve chairman, this week announced unprecedented measures aimed at lifting the sagging economy — and boosting the prices of assets like stocks and houses. The market rallied all summer in anticipation of such a move.
The Fed made an open-ended promise to purchase $40 billion a month in mortgage bonds and said it will keep interest rates low through 2015, even if the economy starts to improve.
Note EU-Digest: The above Ben Bernanke saga can best be classified as a Fata Morgana.
Read more: In a crummy economy, why are stocks soaring? It's Ben's money | The News Journal | delawareonline.com
Showing posts with label 17th London Turkish Film Festival. Show all posts
Showing posts with label 17th London Turkish Film Festival. Show all posts
11/29/11
The 17th London Turkish Film Festival 24 Nov – 8 Dec 2011
A showcase for outstanding and innovative Turkish film both contemporary and classic, the 17th London Turkish Film Festival promises to deliver a programme of films that will challenge, entertain and inspire. With an enviable line up that also includes the latest films from established directors such as Nuri Bilge Ceylan (‘Once Upon a Time in Anatolia’); Dervis Zaim (‘Shadows and Faces’) and Sedat Yilmaz (‘Press’), the emphasis this year will be on emerging talent, providing an important platform for a new generation of Turkish film-makers working both at home and abroad.
Festival director Vedide Kaymak comments ‘Over the last decade, Turkish filmmakers, not only in Turkey, but also those living in the rest of the world, have found new creative directions, making critically acclaimed films, and winning awards all over the world. The LTFF has always had an inclusive approach towards programming, and I am especially excited by our programme this year. Now in its 17th year, our festival has grown from a small three-day event to a full-scale two week festival and this year we have been able to push the boundaries further than ever. We are privileged to be able to open up the new trans-cultural Turkish cinema to new audiences in venues across London.’
Gracing the red carpet for the Opening Night Gala was the legendary Italian actress Claudia Cardinale, star of classic films by Fellini, Visconti and Leone. Cardinale stars in Ali Ilhan’s delightful first feature ‘Being Italian with Signora Enrica’, a heart warming comedy-drama about an elderly Italian woman who takes in a young Turkish exchange student.
Other highlights of the festival include Tayfun Pirslimoglu’s ‘Hair’, which won both best Turkish Film and best Director at the 2011 Istanbul Film Festival; ‘September’, the first feature from photographer Cemil Agacikoglu; ‘Do Not Forget Me Istanbul’, a portrait of Istanbul as seen through the eyes of six young International directors and ‘Home’, the first feature from actor Muzatffer Ozdemir, best known for his role in Nuri Bilge Ceylan’s ‘Distant’, for which he won the Best Actor Award at the Cannes Film Festival.
For more: The 17th London Turkish Film Festival 24 Nov – 8 Dec 2011
Festival director Vedide Kaymak comments ‘Over the last decade, Turkish filmmakers, not only in Turkey, but also those living in the rest of the world, have found new creative directions, making critically acclaimed films, and winning awards all over the world. The LTFF has always had an inclusive approach towards programming, and I am especially excited by our programme this year. Now in its 17th year, our festival has grown from a small three-day event to a full-scale two week festival and this year we have been able to push the boundaries further than ever. We are privileged to be able to open up the new trans-cultural Turkish cinema to new audiences in venues across London.’
Gracing the red carpet for the Opening Night Gala was the legendary Italian actress Claudia Cardinale, star of classic films by Fellini, Visconti and Leone. Cardinale stars in Ali Ilhan’s delightful first feature ‘Being Italian with Signora Enrica’, a heart warming comedy-drama about an elderly Italian woman who takes in a young Turkish exchange student.
Other highlights of the festival include Tayfun Pirslimoglu’s ‘Hair’, which won both best Turkish Film and best Director at the 2011 Istanbul Film Festival; ‘September’, the first feature from photographer Cemil Agacikoglu; ‘Do Not Forget Me Istanbul’, a portrait of Istanbul as seen through the eyes of six young International directors and ‘Home’, the first feature from actor Muzatffer Ozdemir, best known for his role in Nuri Bilge Ceylan’s ‘Distant’, for which he won the Best Actor Award at the Cannes Film Festival.
For more: The 17th London Turkish Film Festival 24 Nov – 8 Dec 2011
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