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...promising more reform. In April, China and Taiwan inked an agreement that will start the process of liberalizing cross-strait financial services. More broadly, Ma intends to forge a comprehensive economic-cooperation agreement with Beijing that would reduce tariffs on Taiwan exports to China as well as provide investment guarantees and protect intellectual property. There is a reason to hurry. In 2010, China is slated to slash tariffs on goods from nations in Southeast Asia, potentially putting Taiwan's products at a greater disadvantage in the China market. Through a bilateral trade agreement, Ma says, "We hope we can avoid...
...award had an auspicious beginning: the Oscar-winning Marty, starring Ernest Borgnine, took home the first Palme d'Or in 1955 and deserved triumphs following soon after for Black Orpheus and Federico Fellini's La Dolce Vita. But the design of the trophy itself had a less than stellar start; come 1964, the powers that be at the Festival decided that a return to the original prize was necessary due to copyright issues. The Palme was reinstated in 1975 and, with multiple design changes along the way, it has remained the award craved by auteurs worldwide...
...start of the modern era was particularly good for Italian and American cinema: Italian films took home the award four times straight, from 1966 to 1972, and twice again in 1977-78. Italian-American heavyweights Martin Scorsese (Taxi Driver, 1976) and Francis Ford Coppola (Apocalypse Now, 1979) took the glory for the U.S. and even Bob Fosse joined in at the start of the 1980s with All That Jazz. But critics would snipe that truly great films (and directors) were being overlooked: there would be no Cannes love for Rainer Werner Fassbinder (Ali: Fear Eats the Soul),Werner Herzog (Every...
Memorial Day marks the unofficial start of summer, conjuring images of picnics, barbecues or just a lazy day off. But originally the holiday was charged with deeper meaning - and with controversy...
...long-cherished Memorial Day tradition of wearing red poppies got its start in 1915. While reading Ladies' Home Journal, an overseas war secretary named Moina Michael came across the famous World War I poem "In Flanders Fields" by John McCrae, which begins, "In Flanders fields the poppies blow/ Between the crosses, row on row." Moved, she vowed always to wear a silk poppy in honor of the American soldiers who gave up their lives for their country. She started selling them to friends and co-workers and campaigned for the red flowers to become an official memorial emblem. The American...