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World News

Asia-Pacific markets rise; Hong Kong’s Hold Seng in bear territory

SINGAPORE – Asia Pacific stocks rose in trading Monday morning as investors look to the Hong Kong opening after the Hang Seng index plunged into a bear market last week.

Japan’s Nikkei 225 rose 0.99% in early trading while the Topix index rose 1.29%.

Kospi from South Korea gained 0.78%. In Australia, the S & P / ASX 200 climbed 0.31%.

MSCI’s broadest index for Asia Pacific stocks outside of Japan traded 0.23% higher.

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Investors will be watching the Hong Kong market, which opens at 9:30 a.m. HK / SIN after the Hang Seng index fell more than 20% from its mid-February high through heavy losses last week as regulatory uncertainty over the outlook continues to cloud for Chinese technology companies.

Other factors that could weigh on investor sentiment include concerns about a possible withdrawal of monetary policy stimulus by the US Federal Reserve and the continued proliferation of the Delta-Covid-19 variant.

Currencies and oil

The US dollar index, which tracks the greenback versus a basket of its competitors, hit 93.485 after its recent surge from below 93.2.

The Japanese yen was trading at 109.85, stronger than levels above 110 against the greenback last week. The Australian dollar was trading at $ 0.7142 after falling above $ 0.729 last week.

Oil prices were higher on the morning of Asian trading hours, with international benchmark Brent crude oil futures rising 0.6% to $ 65.57 a barrel. US crude oil futures rose 0.48% to $ 62.44 a barrel.

Categories
Politics

A Teenager’s ‘Hannibal’ Fan Artwork Will Dangle within the U.S. Capitol

To the untrained eye, the cubist work of art by Kathleen Palmer, a senior at Shawnee High School in New Jersey, appears to show two men looking at each other.

One writes in a notebook, the other has antlers.

But when Rep Andy Kim, a Democrat whose district includes the high school, included a photo of Palmer’s creation in a tweet announcing that the teen had won an art competition that gave the painting a spot in the U.S. Capitol would bring in, many people saw something completely different: fan art, inspired by the long-canceled NBC show “Hannibal”, which points to a love story between two male characters that is recognized by the federal government.

“I didn’t know it was a TV show,” said Mr. Kim, who picked the winning picture from his district, on Friday. “I just found it very beautiful, well executed and very noticeable.”

The painting is titled “Dolce” after an episode from the third and final season of “Hannibal”. The 2015 airborne show examined the relationship between cannibalistic psychiatrist Hannibal Lecter, a character made famous by Anthony Hopkins in “The Silence of the Lambs,” and Will Graham, a young FBI agent involved in Killer can empathize with series.

Palmer, using them and their pronouns, watched the show late last year after seeing clips from the series on TikTok. It took Palmer four weeks to complete the painting – a 16 “by 20” oil on canvas, her first Cubist-style work – and to finish the final details by December 23rd.

“It was just an occasional project in art class,” said 17-year-old Palmer on Friday. “I didn’t expect it to go that far.”

The painting reflects the dynamics between characters through the use of color, Palmer said. The warm reds on Hannibal’s side of the painting evoke the serial killer’s bloodlust and passion, while Will’s cool blues depicts being both hunted and hunted in the couple’s cat-and-mouse game.

The US Capitol is an unusually high profile place to display fan art, which is typically love work. The art form often has a longstanding passion, but little recognition outside of generally closed fan communities.

Fans inspired by their favorite books, shows, games, and movies have long drawn their own notebooks, with zines – independent, usually self-published magazines – being one of the few ways to get the work of art in the world before the internet publish. Others write fanfiction, create their own scripts, and make new stories with dialogues that they want to see.

But the rise of blogging platforms like LiveJournal and Tumblr has made it easier than ever for obsessive fans to find each other, introduce their work to recognized, like-minded audiences, and inspire more artists to participate.

Sometimes the work of art is done in honor of taking in beloved characters and presenting them in a new light based on the artist’s personal style. At other times, fans take these beloved characters and shove them into new contexts, remixing the source material at will.

A common form occurs in the shipping industry where two characters are introduced to be in a romantic relationship or an audience helps them be together. It often happens to two characters who have an undeniable chemistry, even when the starting material doesn’t come out right and say it. (The term “slash” is used for same-sex relationships and “slash” is used for the art and writing that put them together.)

The two characters in Palmer’s painting, Hannibal Lecter and Will Graham, were for a long time at the mercy of “Hannibal” fans, who gave the couple a nickname: “Hannigram”.

“I think I put that in the picture,” Palmer said of the slashfic, adding that there is strong implication on the show that the characters have a romantic spark.

The 40th edition of the congressional arts competition is sponsored by the Congressional Institute, a nonprofit organization focused on educating the public about the convention. The evaluation process is carried out by US representatives. In the spring, a winner will be selected from each of the 435 congressional districts hosting the competition.

Mr. Kim consulted six local artists and art enthusiasts for recommendations, but the Congressman made the final decision. There were 12 entries in New Jersey’s Third Congressional District, which stretches from the Delaware River to the Jersey Shore. This was the third year that Mr. Kim, first elected in 2018, hosted the competition in his district.

According to Mark N. Strand, President of the Congress Institute, each of the winning paintings will be displayed in a tunnel between the House of Representatives and a congressional office building.

“It’s a great opportunity to let children show their art to the world,” said Strand on Friday. “And it’s one of the most bipartisan things members can do.”

Palmer began making art about six years ago, starting with drawing. From time to time, Palmer said, they would fall off the cart, but while forced to stay home at the height of the coronavirus pandemic, they rediscovered art as a passion.

“I really like to do beautiful things,” said Palmer on Friday. “It is really enjoyable to do beauty.”

Palmer said the unexpected support from the competition inspired them to keep working on their art, especially as they prepared to go to Ohio University as a studio arts major.

“It was a great motivator,” said Palmer of winning the competition. “To be validated on this scale is really, really fantastic. It kindles the fire below me to paint more and work more on my skills. “

Categories
World News

UK-EU Brexit talks dangle within the stability

Prime Minister Boris Johnson returns to Downing Street after a Cabinet meeting on December 8, 2020 in London, England.

Leon Neal | Getty Images News | Getty Images

The Brexit talks over the past few weeks have been dominated by numerous anonymous “sources” briefing reporters both in the UK and across the continent of the poor state of negotiations aimed at finalizing a post-Brexit trade deal.

Both sides have accused each other of not wanting to compromise on important issues, although the sticking points and “red lines” remain in relation to fishing rights, competition rules and the governance of a final agreement.

As UK Prime Minister Boris Johnson prepares to travel to Brussels this week for face-to-face meetings with European Commission President Ursula von der Leyen, there is hope of a breakthrough.

In the meantime, officials on both sides continue to be vocal about the efforts – and the remaining obstacles – before an agreement can be reached.

Johnson warned Tuesday the talks weren’t in a good place.

“You have to be optimistic, you have to believe that there is the power of sweet reason to get this thing over the line. But I have to tell you, it looks very, very difficult right now.” he told reporters.

Johnson will still travel to the Belgian capital this week (the timing is uncertain, but Wednesday or Friday were discussed as options) to meet his European counterparts and see if face-to-face meetings can help resolve the impasse between the negotiators .

Von der Leyen said on Monday that both sides have asked their negotiators to draw up a list of “the remaining differences to be discussed personally in the coming days.”

Britain wants to stress that it wants a deal. A no-deal scenario is likely to cause upheaval and higher business costs for companies and exporters on both sides of the English Channel.

Both sides have accused each other of making inappropriate demands. The UK feels that the EU has not understood its need for sovereignty over its own affairs and its future, while the EU believes it must do everything it can to protect the integrity of its internal market.

Some on the UK side have accused the EU of changing the goalposts late in the talks and making unfair demands.

British Health Secretary Matt Hancock implied the ball was in the EU court and said Tuesday that Johnson “went to great lengths to try to get a deal that works for both the UK and the EU. That deal.” may be feasible, but of course the EU has to want it, “he told Sky News.

War of words

France interfered in the war of words on Tuesday, and its minister for European affairs reminded negotiators of one of its beetle bears that an agreement should address – fishing rights.

While this is a small part of the economy in both the UK and the EU, the issue of fishing is emotionally important in countries like the UK, France and the Netherlands, where fishing communities live and where there is public pressure to defend them.

France’s Clement Beaune insisted that his country would not “sacrifice” its fishing crews in any trade deal. “When it comes to fishing, there is no reason to give in to UK pressure. We can make some effort, but sacrifice fishing and fishermen, no,” Beaune told RMC Radio, Reuters, reiterating that France will veto any deal who viewed it as a “bad” business.

What do analysts think of the prospect of getting a deal now when the time expires on December 31, when the post-Brexit transition period ends in the UK? Any agreement reached by the negotiators would have to be ratified by the EU Parliament so that time is short. Not all are bleak, with one telling CNBC on Tuesday that there is still time.

Steen Jakobsen, chief economist and CIO at Saxo Bank, told CNBC’s “Squawk Box Europe” that he “doesn’t understand all the fuss” about the current state of the talks. “Do not forget that the EU will not close deals until a minute before twelve, which means that we are far from the end date of these negotiations, which is the end of December,” he said, adding: “I think it is a classic EU Move.”

Jakobsen believed the UK and EU could “stop the clock” and continue talks beyond December 31 if necessary. “I agree with you that the calendar year is going to be a bit tricky, but there are ways you can do that, including stopping the clock that we saw before.”

“There are a number of diplomatic ways to play this game,” he said.

The EU Commission reaffirmed on Tuesday that it had not ruled out the possibility that talks could continue beyond the transition period, but the UK previously rejected this option. EU chief negotiator Michel Barnier said Tuesday that a school or even a university of patience was needed, Reuters reported.