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Christopher Hampton: The award for least prepared speech goes to...

I didn't think I was going to win last time either, but this is a very good year for films. There's the Coen brothers and Paul Thomas Anderson and Ronnie Harwood and ... what's the other one?"

Sarah Polley for Away From Her, the film starring Christie, actually. It's about Alzheimer's. Hang on, was that a screenwriter's joke he just made? The others are up for No Country for Old Men, There Will Be Blood, and The Diving Bell and the Butterfly respectively. "There is a feeling that the Coen Brothers have waited a long time," he says, "but this is their year. It's their turn."

We meet the day before he leaves for LA, on the top floor of a gorgeous townhouse near Notting Hill Gate. The view is spectacular, over the rooftops or down through the frosted bones of trees to Ladbroke Square Gardens.


Patterson: Cobo plans stalled

In the latest roadblock facing an effort to expand Cobo Center, Oakland County Executive L. Brooks Patterson said Tuesday that no progress has been made and he won't attend a regional summit Friday called by Gov. Jennifer Granholm to work on a plan for Cobo.

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Viewing all entries for: January 2008

I THINK it's safe to say that some aspects of global trade and finance may be in the process of readjusting, perhaps as a result of some sizable imbalances. Not swiftly enough for Atlantic correspondent James Fallows, however, whose latest missive on China misses the mark. It's very fair to harbour concern over China's yuan policy, its massive accrued reserves, and the resulting effects on American consumers, but Mr Fallows mistreats the economics involved in order to spin a potential disaster scenario--a rather nasty hypothetical meltdown, if not outright war.

The economic misunderstandings are bothersome. Mr Fallows writes, for example that:

For China, [currency manipulation] has helped the regime guide development in the way it would like—and keep the domestic economy’s growth rate from crossing the thin line that separates "unbelievably fast" from "uncontrollably inflationary."

This is not at all the case.


 
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