Word: euros
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...icons of Tuscan culture. The country's pride in Benigni's success is immense, but so is its stake in the purity of the Pinocchio story. And Benigni's Pinocchio - directed by and starring the maestro, with the same production team as Life is Beautiful and a budget of [EURO] 40 million, a record for an Italian film - makes good on his pledge to stay true to the original story. But once the ballyhoo of the Italian release is over, Benigni, his wife and muse Nicoletta Braschi and Miramax co-chairman Harvey Weinstein will enter an editing suite...
...icons of Tuscan culture. The country's pride in Benigni's success is immense, but so is its stake in the purity of the Pinocchio story. And Benigni's Pinocchio - directed by and starring the maestro, with the same production team as Life is Beautiful and a budget of [EURO] 40 million, a record for an Italian film - makes good on his pledge to stay true to the original story. But once the ballyhoo of the Italian release is over, Benigni, his wife and muse Nicoletta Braschi and Miramax co-chairman Harvey Weinstein will enter an editing suite...
...think this time will be similar. It won't." Even so, the E.U. is being sold as something that will fatten people's wallets. But voters in the aspirant countries seem to know better. They can see that Germany's reunification is still sputtering despite hundreds of billions of euros spent to fuel prosperity in the east. Yet existing E.U. members plan to spend no more than [EURO] 40 billion to subsidize newcomers through 2006. That amounts to less than .15% of their GDP, and the financing after 2006 is still to be decided. Under such abstemious rules, enlargement...
...Questions are also swirling around Yang's Euro-Asia Agricultural (Holdings), his flagship company, which is listed on the Hong Kong stock exchange. Trading in its shares was halted Sept. 30 at the request of the company and it later came to light that Yang had raised money by selling nearly 82 million shares last month for a few cents each, dropping his stake to 49%. Lee Jong-suk, a China watcher at Sejong Institute, a Seoul think tank, says Beijing may have been forced to act quickly before Yang's untidy affairs made him an international diplomatic problem...
...construction of a Dutch-style residential housing and theme park near Shenyang in northeast China. The massive project, which includes re-creations of Amsterdam streets, luxury apartments, botanical gardens and an indoor beach, reportedly will cost $360 million. The size of the project has raised concerns among investors that Euro-Asia's own financial standing might be undermined. Both Yang and the company say the two operations are totally separate...