Hollywood’s elite mingle at glitzy post -Oscar parties






LOS ANGELES (Reuters) – Hollywood‘s elite headed into the night to celebrate or commiserate at a list of glitzy parties in Tinseltown after walking the red carpet and watching the year’s Academy Awards presented.


The party of all parties on Hollywood’s biggest night is the strictly invite-only Governors Ball, thrown by The Academy of Motion Pictures Arts and Sciences which hosts the Oscars, a lavish affair attended by about 1,500 guests.






This is the party that draws most of the stars and is the first stop for the winners with their prized, gold statuettes, as well as for other nominees who missed out this year and the performers and presenters of the three-hour Oscars show.


Winner of the Best Actor award for “Lincoln”, Daniel Day-Lewis mixed with George Clooney, who produced the Best Picture winner “Argo”, as guests sipped champagne and grazed on food by celebrity chef Wolfgang Puck.


Filmmaker Ang Lee, who won his second Best Director award for “Life of Pi”, was celebrating with fellow movie industry bigwigs in the shadows of a 120-foot chandelier sparkling in the evening’s chosen colors of aubergine, chartreuse, and champagne.


“There’s no pressure, the movie is doing well around the world, it’s all good,” he beamed.


“Life of Pi” lead actor Suraj Sharma, a newcomer from New Delhi, India, who was attending the Oscars for the first time this year, said he was “ecstatic” with Lee’s win.


“Ang worked really hard on this. I feel like Ang won, we all won,” the actor told Reuters.


As guests air-kissed and back-slapped their way around the crowded ballroom at the top level of the Hollywood & Highland complex, singers Judith Hill and Michael Feinstein were to entertain the celebrity crowd.


British actor Daniel Radcliffe, who performed his own musical number with actor Joseph Gordon-Levitt and the evening’s host Seth MacFarlane on the Oscars stage, greeted Feinstein with awe.


“This is amazing. I’ve grown up listening to you,” said the “Harry Potter” star.


Radcliffe, who made his Oscars debut this year, praised the “exemplary” way that rookie Oscar host MacFarlane handled the ceremony that is watched by up to one billion people globally.


“His level of involvement in every aspect of the show is admirable,” Radcliffe told Reuters.


MacFarlane, 39, a comedian, actor and singer who made his mark as creator of the animated TV series “Family Guy”, also won praise from other stars.


“Very good, very funny and offhand, nonchalant and Dean Martin-style,” actor John Travolta said.


The stars of “Les Miserables” swooped down on Best Supporting Actress winner Anne Hathaway as she posed with her statuette.


“I’m so thrilled. It’s so well deserved. I’m so happy for Anne,” said the director of the blockbuster musical, Tom Hooper.


Co-star Amanda Seyfried added: “I’m super, super excited but I kind of knew she was going to win.”


(Reporting by Piya Singh-Roy, Editing by Belinda Goldsmith)


Movies News Headlines – Yahoo! News





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Saputo Announces the Closure of its Plant in Germany and Proposes the Closure of Its Facility in the United Kingdom






MONTREAL, QUEBEC–(Marketwire – Feb 25, 2013) – Saputo Inc. (SAP.TO) (“Saputo” or the “Company”) announces today the closure of its cheese manufacturing plant in Heiden (Germany) and, in conformity with the legislative requirements in the United Kingdom, enters into a 30-day consultation period for the proposed closure of its facility in Newcastle Emlyn, Wales (United Kingdom). The two plants were acquired in 2006 and 2007 respectively. The Germany plant specializes in Italian specialty cheeses for the retail market segment, whereas the United Kingdom facility mainly produces mozzarella for the food service market segment.


Since acquiring the businesses, Saputo has aimed to penetrate the European market and get a better understanding of its realities and dynamics. The past few years have been a learning and challenging experience. Today, the Saputo European business does not have sufficient critical mass to be profitable and the Company does not see short to mid-term opportunities to ensure such profitability. Saputo has therefore decided to close its Germany plant and proposes the closure of its United Kingdom facility, subject to the consultation period, to further concentrate efforts and resources in its current platforms and other markets.






In all, approximately 140 employees will be affected. Where redundancies are confirmed, impacted employees will be provided fair severance and assistance to find reemployment.


In the event the proposed closure in Newcastle Emlyn, Wales is confirmed, the cost associated with both plant closures is expected to be approximately CDN$ 15 million after taxes, which is comprised of a write down on fixed assets of approximately CDN$ 15 million and cash costs of approximately CDN$ 7 million being offset by tax recovery of the same amount from the loss on the investment. If both facilities close, a loss of approximately CDN$ 1.5 million in annual earnings before interest, income taxes, depreciation and amortization related to the European business should be avoided.


About Saputo


Saputo produces, markets, and distributes a wide array of products of the utmost quality, including cheese, fluid milk, yogurt, dairy ingredients and snack-cakes. Saputo is the 12th largest dairy processor in the world, the largest in Canada, the third largest in Argentina and among the top three cheese producers in the United States. Our products are sold in more than 50 countries under well-known brand names such as Saputo, Alexis de Portneuf, Armstrong, Baxter, Dairyland, Danscorella, Dragone, DuVillage 1860, Friendship, Frigo Cheese Heads, Great Midwest, King”s Choice, Kingsey, La Paulina, Neilson, Nutrilait, Ricrem, Salemville, Stella, Treasure Cave, hop & go, Rondeau and Vachon. Saputo Inc. is a publicly traded company whose shares are listed on the Toronto Stock Exchange under the symbol “SAP”.


Marketwire News Archive – Yahoo! Finance




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Wall Street edges up after Italy exit polls


NEW YORK (Reuters) - Stocks opened slightly higher on Monday after initial polls showed pro-reform center-leftists could win the Italian general election, though caution remained as defensive sectors led gains on the S&P 500.


The Dow Jones industrial average <.dji> rose 41.47 points or 0.3 percent, to 14,042.04, the S&P 500 <.spx> gained 6.81 points or 0.45 percent, to 1,522.41 and the Nasdaq Composite <.ixic> added 18.79 points or 0.59 percent, to 3,180.61.


(Editing by Kenneth Barry)



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Vatican 'Gay lobby'? Probably not






STORY HIGHLIGHTS


  • Benedict XVI not stepping down under pressure from 'gay lobby,' Allen says

  • Allen: Benedict is a man who prefers the life of the mind to the nuts and bolts of government

  • However, he says, much of the pope's time has been spent putting out fires




Editor's note: John L. Allen Jr. is CNN's senior Vatican analyst and senior correspondent for the National Catholic Reporter.


(CNN) -- Suffice it to say that of all possible storylines to emerge, heading into the election of a new pope, sensational charges of a shadowy "gay lobby" (possibly linked to blackmail), whose occult influence may have been behind the resignation of Benedict XVI, would be right at the bottom of the Vatican's wish list.


Proof of the Vatican's irritation came with a blistering statement Saturday complaining of "unverified, unverifiable or completely false news stories," even suggesting the media is trying to influence the papal election.


Two basic questions have to be asked about all this. First, is there really a secret dossier about a network of people inside the Vatican who are linked by their sexual orientation, as Italian newspaper reports have alleged? Second, is this really why Benedict XVI quit?



John L. Allen Jr.

John L. Allen Jr.



The best answers, respectively, are "maybe" and "probably not."


It's a matter of record that at the peak of last year's massive Vatican leaks crisis, Benedict XVI created a commission of three cardinals to investigate the leaks. They submitted an eyes-only report to the pope in mid-December, which has not been made public.


It's impossible to confirm whether that report looked into the possibility that people protecting secrets about their sex lives were involved with the leaks, but frankly, it would be surprising if it didn't.


There are certainly compelling reasons to consider the hypothesis. In 2007, a Vatican official was caught by an Italian TV network on hidden camera arranging a date through a gay-oriented chat room, and then taking the young man back to his Vatican apartment. In 2010, a papal ceremonial officer was caught on a wiretap arranging liaisons through a Nigerian member of a Vatican choir. Both episodes played out in full public view, and gave the Vatican a black eye.









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In that context, it would be a little odd if the cardinals didn't at least consider the possibility that insiders leading a double life might be vulnerable to pressure to betray the pope's confidence. That would apply not just to sex, but also potential conflicts of other sorts too, such as financial interests.


Vatican officials have said Benedict may authorize giving the report to the 116 cardinals who will elect his successor, so they can factor it into their deliberations. The most immediate fallout is that the affair is likely to strengthen the conviction among many cardinals that the next pope has to lead a serious house-cleaning inside the Vatican's bureaucracy.


It seems a stretch, however, to suggest this is the real reason Benedict is leaving. For the most part, one should probably take the pope at his word, that old age and fatigue are the motives for his decision.


That said, it's hard not to suspect that the meltdowns and controversies that have dogged Benedict XVI for the last eight years are in the background of why he's so tired. In 2009, at the height of another frenzy surrounding the lifting of the excommunication of a Holocaust-denying traditionalist bishop, Benedict dispatched a plaintive letter to the bishops of the world, voicing hurt for the way he'd been attacked and apologizing for the Vatican's mishandling of the situation.


Even if Benedict didn't resign because of any specific crisis, including this latest one, such anguish must have taken its toll. Benedict is a teaching pope, a man who prefers the life of the mind to the nuts and bolts of government, yet an enormous share of his time and energy has been consumed trying to put out internal fires.


It's hard to know why Benedict XVI is stepping off the stage, but I doubt it is because of a "gay lobby."


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The opinions expressed in this commentary are solely those of John L. Allen Jr.






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The Staple Singers’ Cleotha Staples dies at age 78






(Reuters) – Cleotha Staples, a founding member of the Rock and Roll Hall of Fame R&B and gospel group The Staple Singers, has died after a decade-long battle with Alzheimer’s disease, the group said on Friday. She was 78.


Staples, who died on Thursday at her Chicago home, is best known for singing on the group’s 1970s hits, including “I’ll Take You There,” “Respect Yourself” and “Let’s Do It Again.”






“We will keep on,” Mavis Staples, the group’s lead singer, said in a statement. “Yvonne and I will continue singing to keep our father’s legacy and our sister’s legacy alive.”


Mavis, who is known for her raspy voice that gave the group its distinct personality, said she would dedicate her forthcoming album to Cleotha’s memory.


The oldest of five children, Staples was born in Drew, Mississippi, to Roebuck “Pops” Staples and Oceola Staples. The family moved to Chicago when Staples was 2 years old in 1936, where sisters Mavis and Yvonne were born.


The Staple Singers, known as “God’s greatest hitmakers,” were formed in 1948 with Pops on guitar and siblings Mavis, Cleotha, Pervis and Yvonne singing.


The group first played churches in the Midwest and put out their first recording in 1953. Their gospel hits included “On My Way to Heaven,” “With the Circle Be Unbroken” and “Pray On.”


The family became active in the civil rights movement in 1962 after hearing Martin Luther King Jr. speak while the family was on tour. They are thought to be the first black group to cover Bob Dylan’s song “Blowin’ in the Wind” in 1963.


The Staples Singers were inducted into the Rock and Roll Hall of Fame in 1999 and were honored with a lifetime achievement Grammy in 2005.


Cleotha Staples is survived by her sisters Mavis and Yvonne and brother Pervis.


(Reporting by Eric Kelsey, editing by Jill Serjeant and Lisa Shumaker)


Celebrity News Headlines – Yahoo! News





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Investors face another Washington deadline

NEW YORK (Reuters) - Investors face another Washington-imposed deadline on government spending cuts next week, but it's not generating the same level of fear as two months ago when the "fiscal cliff" loomed large.


Investors in sectors most likely to be affected by the cuts, like defense, seem untroubled that the budget talks could send stocks tumbling.


Talks on the U.S. budget crisis began again this week leading up to the March 1 deadline for the so-called sequestration when $85 billion in automatic federal spending cuts are scheduled to take effect.


"It's at this point a political hot button in Washington but a very low level investor concern," said Fred Dickson, chief market strategist at D.A. Davidson & Co. in Lake Oswego, Oregon. The fight pits President Barack Obama and fellow Democrats against congressional Republicans.


Stocks rallied in early January after a compromise temporarily avoided the fiscal cliff, and the Standard & Poor's 500 index <.spx> has risen 6.3 percent since the start of the year.


But the benchmark index lost steam this week, posting its first week of losses since the start of the year. Minutes on Wednesday from the last Federal Reserve meeting, which suggested the central bank may slow or stop its stimulus policy sooner than expected, provided the catalyst.


National elections in Italy on Sunday and Monday could also add to investor concern. Most investors expect a government headed by Pier Luigi Bersani to win and continue with reforms to tackle Italy's debt problems. However, a resurgence by former leader Silvio Berlusconi has raised doubts.


"Europe has been in the last six months less of a topic for the stock market, but the problems haven't gone away. This may bring back investor attention to that," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.


OPTIONS BULLS TARGET GAINS


The spending cuts, if they go ahead, could hit the defense industry particularly hard.


Yet in the options market, bulls were targeting gains in Lockheed Martin Corp , the Pentagon's biggest supplier.


Calls on the stock far outpaced puts, suggesting that many investors anticipate the stock to move higher. Overall options volume on the stock was 2.8 times the daily average with 17,000 calls and 3,360 puts traded, according to options analytics firm Trade Alert.


"The upside call buying in Lockheed solidifies the idea that option investors are not pricing in a lot of downside risk in most defense stocks from the likely impact of sequestration," said Jared Woodard, a founder of research and advisory firm condoroptions.com in Forest, Virginia.


The stock ended up 0.6 percent at $88.12 on Friday.


If lawmakers fail to reach an agreement on reducing the U.S. budget deficit in the next few days, a sequester would include significant cuts in defense spending. Companies such as General Dynamics Corp and Smith & Wesson Holding Corp could be affected.


General Dynamics Corp shares rose 1.2 percent to $67.32 and Smith & Wesson added 4.6 percent to $9.18 on Friday.


EYES ON GDP DATA, APPLE


The latest data on fourth-quarter U.S. gross domestic product is expected on Thursday, and some analysts predict an upward revision following trade data that showed America's deficit shrank in December to its narrowest in nearly three years.


U.S. GDP unexpectedly contracted in the fourth quarter, according to an earlier government estimate, but analysts said there was no reason for panic, given that consumer spending and business investment picked up.


Investors will be looking for any hints of changes in the Fed's policy of monetary easing when Fed Chairman Ben Bernake speaks before congressional committees on Tuesday and Wednesday.


Shares of Apple will be watched closely next week when the company's annual stockholders' meeting is held.


On Friday, a U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his battle with the iPhone maker, blocking the company from moving forward with a shareholder vote on a controversial proposal to limit the company's ability to issue preferred stock.


(Additional reporting by Doris Frankel; Editing by Kenneth Barry)



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It’s Indie Vets Vs. Upstarts at a Varied Independent Spirit Awards






LOS ANGELES (TheWrap.com) – After finding the Oscars encroaching on their territory for a number of years, have the Film Independent Spirit Awards finally gotten a little space from their bigger, flashier weekend neighbor?


You’d think so, given that six of the Oscars’ nine Best Picture nominees have grossed more than $ 100 million, and the roster of represented companies includes Warner Bros., Universal, 20th Century Fox, DreamWorks, Disney and Sony.






But one of those $ 100 million films, David O. Russell‘s “Silver Linings Playbook,” will be competing for five Indie Spirit Awards on Saturday, the day before it takes its eight nominations to the Oscars.


Another Oscar Best Picture nominee, Benh Zeitlin’s “Beasts of the Southern Wild,” will also be in the running for the top Spirit Award at the ceremony, which as usual takes place in a tent on Santa Monica beach.


Oscar best-pic nominee “Amour,” meanwhile, is nominated in the foreign-film category at the Spirits, while Wes Anderson‘s best-film Spirit Awards contender “Moonrise Kingdom” is up for an Oscar for its screenplay.


The Oscars are still honoring independent film, even in a year of unexpectedly big box office and surprising participation by the major studios. And the Spirit Awards’ definition of indie is still broad enough to encompass a wide range of movies, from the small-budgeted “Keep the Lights On” to the Weinstein Company release “Silver Linings Playbook,” which skirted the $ 20 million budget limit to qualify for the Spirit Awards but was let in on a judgment call by the jury assembled by Film Independent.


“The Spirit Awards are a celebration of independent film, and one of the things I love is that there’s a lot of diversity in there this year,” said Josh Welsh, co-president of Film Independent with Sean McManus.


“We have first-time directors and new filmmaking talent like Benh Zeitlin, but we also have directors that we go way back with, like Wes Anderson and David O. Russell. This year is a combination of discovery and bringing back people who are a part of what we’ve been doing for years.”


Russell first came to the Spirit Awards in 1995 with “Spanking the Monkey,” for which he won the Best First Feature award; he returned two years later as a Best Director nominee for “Flirting With Disaster.” Anderson won the Spirit Award as Best Director for “Rushmore” in 2000.


Their two films, “Silver Linings Playbook” and “Moonrise Kingdom,” lead the pack with five nominations each. “Beasts of the Southern Wild” has four – and, crucially, the Spirit Awards jury opted to nominate it and its director in the Best Feature and Best Director categories rather than putting them in the Best First Feature category, where they would almost unquestionably have won.


“Keep the Lights On” and “Middle of Nowhere” also received four nominations each, though the latter film did not crack the Best Feature category.


Despite the presence of “Bernie” and “Keep the Lights On” in the top category, this year’s awards do seem to be a shootout between “Silver Linings,” “Beasts” and “Moonrise,” perhaps with a slight edge to the first two – the first a crowd-pleasing film with real awards momentum, the second the clear indie breakout of the year.


Last year’s winner, “The Artist,” was the first film to win both the Spirit Award and the Best Picture Oscar.


Of the 21 Spirit acting nominees, the only ones to also be in the running at the Oscars are Bradley Cooper and Jennifer Lawrence from “Silver Linings,” Quvenzhane Wallis from “Beasts” and Helen Hunt from “The Sessions.” Chances are that Cooper and Lawrence have the edge, with more than 80 percent of Spirit Awards winners since 2000 coming from the ranks of Oscar nominees.


The awards are voted on by the 4,000 members of Film Independent, which is made up of professionals in the indie world but also of film fans who pay the yearly dues. Voting is done online, and Film Independent holds free member screenings in Los Angeles and New York to allow voters to see the films.


MacManus told TheWrap that Film Independent also made a deal with iTunes this year to make some of the nominated films available online, while members also received a 14-film DVD collection containing all the nominees that had chosen to participate. (Members had to sign restrictive use agreements to receive the package, added Welsh.)


This year’s show will be hosted by comic and actor Andy Samberg, whose film “Celeste and Jesse Forever” is in the running in the Best First Screenplay category.


“He brings a very new vibe and personality to the show,” MacManus said. “We wanted to look at this year’s show with fresh eyes. There’s a new look to the room, we’re doing something different with the food – everything is a new take.”


Last year’s host was Seth Rogen, who took the stage and immediately labeled the show “inconsequential.”


“Winning one will get you absolutely nothing,” he said, drawing a big laugh. “It won’t even raise your price, because it proves that you’ll work for nothing.”


If Samberg takes similar shots at the show, both MacManus and Welsh said they won’t mind.


“The awards are incredibly meaningful,” MacManus said. “We believe in independent film and we take it seriously, but we don’t take ourselves seriously. We are okay with poking fun at ourselves.”


Added Welsh, “We’re not all puffed up or self-important. But all joking aside, these awards are significant. It’s a genuine act of honoring the independent film of the last 12 months.”


Movies News Headlines – Yahoo! News





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The Fraser Institute: 42 Elementary Schools Across Alberta Score Improvement in Fraser Institute School Rankings






CALGARY, ALBERTA–(Marketwire – Feb 23, 2013) – Across Alberta, 42 elementary schools showed significant improvement in their academic performance over the past five years, according to the Fraser Institute”s annual school rankings.


Among these improving elementary schools are public, private, separate, francophone, and charter schools.






“This is why the Fraser Institute school report card is the go-to source for measuring academic improvement: it highlights school success stories from Grand Prairie in the west to Fort McMurray in the east and from La Crete in the north to Cardston in the south,” said Peter Cowley, Fraser Institute director of school performance studies.


“Our report shows that all schools are capable of improvement, regardless of the personal or family challenges their students might face. If educators want to help students learn and improve, they should be talking to these schools.”


The Report Card on Alberta”s Elementary Schools 2013 rates 659 public, private, separate, charter, and francophone elementary schools based on nine academic indicators using data from the annual Provincial Achievement Tests (PATs) administered by Alberta Education.


“By pinpointing the subject areas in which individual schools are improving or declining and how their academic performance compares to that of other Alberta schools over the past five years, our report helps parents and educators prioritize learning challenges in their schools,” Cowley said.


The report card also includes important information about each school”s make-up, including parents” average income, the percentage of ESL students, and the percentage of special needs students.


The complete results for all 659 elementary schools will also be available at www.compareschoolrankings.org where visitors can compare individual schools with others based on their results over the last five years.


Of the 20 Alberta elementary schools showing the fastest academic improvement over the past five years, 13 are public schools where the parental income is below average. At seven of those schools, ESL students account for more than 40 per cent of school enrolment. The complete list follows.


“We all want the best possible education for our children. To achieve this, every Alberta school should make improvement Job 1,” Cowley said.


Top 20 Fastest-Improving Alberta Elementary Schools


  • Bannerman (Public), Edmonton

  • Pollard Meadows (Public), Edmonton

  • St. Augustine (Separate), Ponoka

  • Thickwood Heights (Public), Fort McMurray

  • Westglen (Public), Edmonton

  • Annie Foote (Public), Calgary

  • Langevin (Public), Calgary

  • Virginia Park (Public), Edmonton

  • Grandview Heights (Public), Edmonton

  • Two Hills Mennonite (Public), Edmonton

  • Erin Woods (Public), Calgary

  • High Prairie (Public), High Prairie

  • St. Clare (Separate), Calgary

  • St. Lucy (Separate), Edmonton

  • Derek Taylor (Public), Grande Prairie

  • Blueberry (Public), Stony Plain

  • McLeod (Public), Edmonton

  • Meyokumin (Public), Edmonton

  • Hill Crest (Public), La Crete

  • Millwoods Christian (Public), Edmonton

Follow the Fraser Institute on Twitter | Like us on Facebook


The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of 86 think-tanks. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute”s independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org.


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Grief besets family of Pistorius' slain girlfriend


JOHANNESBURG (AP) — Far from the courtroom drama that has gripped South Africa, the family of Oscar Pistorius' slain girlfriend has struggled with its own private deluge of grief, frustration and bewilderment.


The victim's relatives also harbor misgivings about efforts by the Olympian's family to reach out to them with condolences.


Pistorius, meanwhile, spent Saturday at his uncle's home in an affluent suburb of Pretoria, the South African capital, after a judge released him on bail following days of testimony that transfixed South Africa and much of the world. He was charged with premeditated murder in the shooting death of girlfriend Reeva Steenkamp in the early hours of Valentine's Day, but the athlete says he killed her accidentally, opening fire after mistaking her for an intruder in his home.


"We are extremely thankful that Oscar is now home," his uncle, Arnold Pistorius, said in a statement that also acknowledged the law must run its course. "What happened has changed our lives irrevocably."


Mike Steenkamp, Reeva's uncle, told The Associated Press that the family of the double-amputee athlete initially did not send condolences or try to contact the bereaved parents, but had since sought to reach out in what he described as a poorly timed way. After Pistorius was released on bail in what amounted to a victory for the defense, Arnold Pistorius said the athlete's family was relieved but also in mourning "with the family" of Reeva Steenkamp.


"Everybody wants to jump up with joy," Mike Steenkamp said, speculating on the mood of Pistorius' family after the judge's decision. "I think it was just done in the wrong context, completely."


A South African newspaper, the Afrikaans-language Beeld, quoted the mother of Reeva Steenkamp, a 29-year-old model, law school graduate and participant in a television reality show, as saying the family had received a bouquet of flowers and a card from the Pistorius family.


"Yes, but what does it mean? Nothing," June Steenkamp said, according to the Saturday edition of Beeld. She also said Pistorius' family, including sister Aimee, a somber presence on the bench behind the Olympian during his court hearings in the past week, must be "devastated" and had done nothing wrong.


"They are not to blame," June Steenkamp said. According to Beeld, she said she had hoped to plan a wedding for her daughter one day.


In an affidavit, 26-year-old Oscar Pistorius said he was "absolutely mortified" by the death of "my beloved Reeva," and he frequently sobbed in court during the several days during which his bail application was considered. However, prosecutor Gerrie Nel, suggested in a scathing criticism that Pistorius was actually distraught because his vaunted career was now in peril and he was in grave trouble with the law.


"It doesn't matter how much money he has and how good his legal team is, he will have to live with his conscience if he allows his legal team to lie for him," Barry Steenkamp, Reeva's father, told Beeld .


"But if he is telling the truth, then perhaps I can forgive him one day," the father said. "If it didn't happen the way he said it did, he must suffer, and he will suffer ... only he knows."


Barry Steenkamp suffered "heavy trauma" at the loss of his daughter and his remarks to the newspaper partly reflect how he is working through it, said his brother, Mike Steenkamp.


Steenkamp was cremated in a funeral ceremony on Feb. 19 in her family's hometown of Port Elizabeth on South Africa's southern coast. Mike Steenkamp delivered a statement about the family's grief to television cameras, at one point breaking down in tears.


The three-story house where Pistorius is staying with his aunt and uncle lies on a hill with a view of Pretoria. It has a large swimming pool and an immaculate garden.


Pistorius was born without fibula bones due to a congenital defect and had his legs amputated at 11 months. He has run on carbon-fiber blades and was originally banned from competing against able-bodied peers because many argued that his blades gave him an unfair advantage. He was later cleared to compete. He is multiple Paralympic medalist, but he failed to win a medal at the London Olympics, where he ran in the 400 meters and on South Africa's 4x400 relay team.


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How troubled Italy fell into a coma











Austerity-hit Italy chooses new leader


Austerity-hit Italy chooses new leader


Austerity-hit Italy chooses new leader


Austerity-hit Italy chooses new leader








STORY HIGHLIGHTS


  • Bill Emmott: "Good Italy and Bad Italy" represent spit personalities of troubled country

  • In 1950s, Italy was Europe's "emerging economy" and a pioneering center for design

  • Old demons, including corruption and bloated public pensions, nearly bankrupted Italy

  • Today Italy's biggest problem is the country's refusal to take responsibility and change




Editor's note: Bill Emmott is a British journalist and was the editor of The Economist from 1993 to 2006. His book "Good Italy, Bad Italy" was published in English in 2012, and he is the narrator of "Girlfriend in a Coma," a documentary about Italy's current crisis.


(CNN) -- On my first visit to Italy, at the age of 18, I fell in love with the country and its amazing history almost at first sight, as I and my friends sailed across the lagoon on the ferry to Venice. When we returned and found our camper van had been emptied out by thieves, I felt a little less enamored, to say the least.


This was my first glimpse of the split personality of a country that is expressed nearly 40 years later in the title of my 2012 book, "Good Italy, Bad Italy," and is the theme of the new film I have just narrated for the Italian director Annalisa Piras, "Girlfriend in a Coma".


Yet what I didn't realize then, as a (fairly) innocent teenager, was quite how significant Italy's history is for the whole of the West.



Bill Emmott

Bill Emmott



The greatest case study, or cautionary tale, comes from Venice itself. In medieval times La Serenissima, as Venice is known, became the richest and most powerful city-state in the Mediterranean. It was run by a quasi-democratic "grand council", made up of the merchants who were making the city rich, an elite that was open to newcomers if they had new ideas and new energies.


But in the 14th century the elite decided to close its doors to newcomers, allowing in only those related by family to the old guard, and nationalizing trading rights. The decline of Venice began with that decision.


Italy today is like a huge re-run of that sad Venetian story. During the 1950s and 1960s, the country was Europe's own "emerging economy" of the period, enjoying the third fastest average annual GDP growth rate in the world during those decades, beaten only by Japan and South Korea. It was helped by the global move towards freer trade and by the early European Union, but also by its own then very dynamic society and economy.


New, entrepreneurial companies were formed, new ideas blossomed; Italy became a pioneering center for design, for cinema, and for fashion, and the migration of millions of workers from the poor south to the industrializing north provided the factories with labor at a competitive price.




But then old demons came back to haunt Italy. The sharp polarization, combined with fear, between left and right that was a legacy of the fascist period of Mussolini from 1917 to 1943, returned first in the form of a huge wave of strikes in the late 1960s and early 1970s, and then in a deadly form of political violence. Nearly 500 people died in shootings, bombings and other tragedies during the decade and a half from 1970 as extremists on both left and right fought a running battle.


As well, sadly, as taking part in the violence, governments responded by trying to buy social peace -- first by implementing a very restrictive labor law which had the effect of making the law courts the principal arbitrator in industrial disputes; and second by an explosion of public spending (and thus borrowing) chiefly on pensions and a national health system.


Public pensions became the main form of unemployment insurance, as unwanted workers were permitted to retire early and draw pensions. But public debt became the main albatross around Italy's neck as governments ran budget deficits that in 1975-95 averaged (yes, averaged) almost 10% of GDP each and every year. The result: a pioneering crisis of sovereign debt and a foretaste of the crises now roiling the eurozone, as Italy's debt load reached 120% of GDP in the early 1990s and sent the country into near bankruptcy.


That financial crisis, in the course of which the Italian lira was ejected from Europe's pre-euro exchange-rate system (along with Britain's pound sterling) coincided with a huge political crisis, as corruption investigations brought crashing down the parties that had dominated Italian politics for the past 40 years.


The crisis brought talk of a new start, a "second republic" (to succeed the first, formed with the postwar constitution in 1945-48) and even a renaissance. In the interim, governments led by so-called technocrats (a professor, a governor of the Bank of Italy, an ex-diplomat) were brought in to make reforms and give the country a much needed "reset" before normal politics would be resumed.


It didn't happen. Hence, 20 years later, Italy finds itself in yet another crisis, one that looks eerily similar. The country's sovereign debt is -- you guessed it -- 120% of GDP. A mix of financial crisis and scandals brought down the long-running government of the media billionaire Silvio Berlusconi, while also discrediting establishment politicians of all parties.


In November 2011 a technocrat, the economics professor and former European Commissioner Mario Monti, was brought in to stabilize the country's finances, make reforms and give the country a "reset" before normal politics commence again after the upcoming elections.


It is too soon to say that the "reset" -- or, to use a broader metaphor, the upgrading of Italy's cultural, political and economic software -- will fail again. But it can be said that progress has been slow and disappointing.


Prime Minister Monti succeeded in stabilizing the public finances, but at the cost of a deeper recession than in all other eurozone economies except Greece and Spain. Beyond that, however, no major reforms have been implemented -- so the justice system remains painfully slow, the labor laws still discourage hiring while leaving millions of young people on poorly paid temporary contracts, competition remains overly restricted, too many markets are over-regulated, meritocracy remains stunted, corruption remains rife, and the huge cost of politics and political privileges has been left unchanged.


These tasks all remain for whichever coalition succeeds in forming a government after the elections. They should, however, have been done during the previous 20 years. Some progress in liberalizing markets was made, but not enough to stop Italy's GDP growth rate during 2001-10 from being the 180th worst in the world, just ahead of Haiti's.


Why not? Resistance from entrenched interest groups has been strong. Berlusconi's entry into politics in 1994 was essentially designed to obstruct change, to preserve his quasi-monopolistic businesses, and to ensure the old political ways could continue. On the left, suspicion of capitalism has remained rife, trade union powers have been maintained more successfully than in Germany or even France, and the use of political patronage to build power networks and reward supporters has helped destroy meritocracy.


The big question, however, is why Italians have allowed this to happen. The answer in our film, "Girlfriend in a Coma", is taken from Italy's, and arguably Europe's, greatest ever poet: Dante Alighieri. In his "Divine Comedy" of the 14th century, the sin he condemned most vigorously was "ignavia," by which he meant sloth -- the failure to take responsibility, the failure to show moral courage and to change things.


That is the coma that filmmaker Annalisa Piras and I diagnose as the Italian condition: economic stagnation, yes, but also a failure of consciousness and responsibility, which is in effect a moral failure.


Umberto Eco, the philosopher and novelist, adds a further explanation in the film. Italians, he says, "do not have a sense of the state." They had and respected a very powerful state in Roman times but that collapsed. The only states that have successfully replaced it since then have been the city states of Venice, Florence and elsewhere, which produced great riches and even the Renaissance of art, science, humanism and culture of the 15th century, but never achieved a set of stable, respected, still-less national institutions.


To get Italy out of its coma, its second crisis of 20 years, new governments will have to work hard to fix that problem. To make sure they do so, Italians will need to shed their ignavia and to become more active and demanding -- not in their sectional or local interests, but in the national interest.







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