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Oggi Ken Loach compie 90 anni. Per celebrarlo, Betty Senatore ha scelto il suo film del 2016 vincitore della Palma d'Oro a Cannes, arrivato un po' inaspettatamente dopo che il regista aveva annunciato il suo addio al cinema. La storia è quella di Daniel Blake, vedovo britannico reduce da un infarto che gli impedisce di continuare la sua professione di falegname. E qui scatta il paradosso: il medico gli vieta di lavorare, ma, per poter accedere ai sussidi statali necessari per vivere, l'uomo è costretto a trovare un impiego.See omnystudio.com/listener for privacy information.
Daniel Blake Schwartz breaks down how Tribeca Best U.S. Narrative Feature winner Cotton Fever grew out of years spent collecting stories during his own experience with addiction and recovery, ultimately transforming those fragments into a deeply personal debut feature. Drawing inspiration from filmmakers like Andrea Arnold and Hirokazu Kore-eda, Schwartz pursued a style rooted in realism, empathy, and lived experience rather than conventional dramatic structure.The film evolved from a self-funded short into an award-winning feature through grassroots fundraising, community support, a first-time filmmaker grant from Panavision, and the eventual attachment of actors Kyle Gallner and Sosie Bacon. Along the way, Schwartz navigated the uncertainty of first-time feature directing, discovering that some of the film's strongest moments emerged from vulnerability, collaboration, and instincts that couldn't always be explained on the page.At its core, Cotton Fever is a reminder that the most powerful stories often come from the experiences we're most hesitant to revisit. The challenge isn't always finding something meaningful to say. It's having the courage to tell the story that's already closest to you.What Movies Are You Watching?Introducing the Past Present Feature Film Festival, a new showcase celebrating cinematic storytelling across time. From bold proof of concept shorts to stand out new films lighting up the circuit, to overlooked features that deserve another look. Sponsored by the Past Present Feature podcast and Leica Camera. Submit now at filmfreeway.com/PastPresentFeature Revival Hub is your guide to specialty screenings in Los Angeles - classics on 35mm, director Q&As, rare restorations, and indie gems you won't find on streaming. We connect moviegoers with over 200 venues across LA, from the major revival houses to the 20-seat microcinemas and more.Visit revivalhub.com to see what's playing this week. Support the showListen to all episodes on Spotify, Apple Podcasts, and more, as well as at www.pastpresentfeature.com. Like, subscribe, and follow us on our socials @pastpresentfeatureThe Past Present Feature Film Festival - Nov. 20-22, 2026 in Hollywood, CA - Submit at filmfreeway.com/PastPresentFeature
Recorded live at the Morgan Stanley and MUFG Japan Summit, our Global Chief Economist and Head of Macro Research Seth Carpenter led a discussion on Asia's exposure to the energy shock and Japan's bullish outlook.Read more insights from Morgan Stanley.----- Transcript -----Seth Carpenter: Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's Global Chief Economist and Head of Macro Research. And on today's episode, we're bringing you a live taping direct from Morgan Stanley and MUFG's Japan Summit to discuss the macroeconomic overlook. And, in particular, Japan's moment: reflation, reform, and the case for a structural re-rating. I am joined by Chetan Ahya, our Chief Asia Economist; Takeshi Yamaguchi, our Chief Japan Economist; Jonathan Garner, our Chief Asia and EM Equity Strategist; Koichi Sugisaki, who is our Head of Japan Macro Strategy; and Sho Nakazawa, who is our Japan Equity Strategist. Seth Carpenter: I will say we have just collectively published our mid-year outlook. So twice a year, Morgan Stanley Macro Research puts together our forecast. We take the time to debate with each other, to pressure test our views on the outlook for the next year and a half to two years. And I have to say this version of the outlook process may have been the most difficult one that I can remember. And in no small part because one of the key fundamental drivers of the outlook globally for growth, for inflation is oil, oil prices. And the swings there have been pretty dramatic. And so, as a result, we put a lot of effort into not just our baseline forecast, but also scenarios and the ways in which our baseline forecast could be wrong. But Chetan, let me start with you. Tell us a little bit about the exposure in Asia to, to the energy shock. Chetan Ahya: So Seth, you're right. Asia is one of the more exposed part of the world. But I would say that we've been surprised in the way this energy shock has been managed. One is, of course, at the global level, two big swings happened. US exports increased dramatically by 3.8 million barrels per day. Just to give you perspective, global consumption of oil is about 100 million barrels, so it's simple math in terms of how big this number was. And then China parallelly also reduced its imports by 3.5 million barrels. So, we had a 7 million barrel swing from a global oil demand balance perspective.And, secondly, as far as gas is concerned, that is where actually we were more concerned about Asia because Asia was very dependent on Middle Eastern gas. And on that front, China single-handedly has bailed out the region. So, China cut its gas imports by about 45 percent, and that had at least avoided the shortages that we were worried about. We can manage oil prices, but shortages is something very difficult to manage. So that's at the global level. And within the region, what every economy did is to switch to an alternative source of fuel, whether it is electricity generated through coal or other renewable sources. And particularly that happened in China and India, which are the two big importers of fuel in the region.And then additionally, what we also saw is that everybody managed the fuel price increase quite well. So, on an average, if I look at the stats as of today, only about 25 to 30 percent of the underlying fuel price increase has been passed on to the consumer. So, the governments are taking it, so there is a burden on the fiscal front that is building up. But as far as the consumers are concerned, this has been a help, and therefore you have not seen a big spike in inflation across the region. Seth Carpenter: Okay. So, a lot of comments about Asia in general. Let's go more specific to here in Japan. And so, Yamaguchi-san, you were an early adopter of the Japan reflation view. If we go back a year, two years, three years, you were probably more optimistic, more bullish about growth in the market than consensus. More recently, you've been a little bit more cautious about where growth is going. And so, can you tell us a little bit first why you're a bit more cautious now relative to where I suspect the market is? And then when it comes to the energy shock, how do you see it playing out with the Japanese economy? And should we worry about it derailing this whole reflation trade? Takeshi Yamaguchi: We think Japanese underlying economic fundamentals remain resilient in the sense that, you know, nominal GDP recovery will continue as a trend. But for this year, I think there's a, you know, short-term slowdown, both in terms of real GDP growth and nominal GDP growth, due to the terms of a trade shock. So far, you know, thanks to the government energy subsidies and Japan's relatively large strategic oil reserves, the direct impact on households has been limited. But we are already seeing a big increase in producer prices in the April data. It jumped to 4.9 percent {year-over-year], and we expect this producer price index will continue to go up due to the higher oil prices, but also because of the NAFTA-related supply side, you know, disruptions in areas, you know, such as, you know, construction materials, plastic products, and industrial solvents and so on. That said, we still believe that, you know, underlying economic fundamentals remain resilient in the sense that there's a structural labor shortage. So, wage growth may somewhat slow, but still I think a solid, you know, base up increase will continue next year, especially among young workers. Also, I think this structural tight labor market [is] encouraging companies to step up labor-saving investment. And, I think, together with government's initiatives for domestic investment, I think, domestic CapEx will also likely remain resilient. So, this year for nominal GDP growth, we expect, you know, slightly negative growth due to the terms of trade loss. But the next year, we are expecting above 4 percent nominal GDP growth. So, the overall, you know, story remains unchanged despite the short-term headwinds. Seth Carpenter: Okay. So fundamental story remains unchanged. We're pretty optimistic, but it's a matter of long term versus short term Jonathan, let me turn to you. Equity markets are generally optimistic, I would say, these days, but there is a bit of a divergence between views on equities here in Asia, between Japan on the one hand, and EM overall. In the mid-year outlook, you have expressed a preference for Japanese equities over EM. Can you talk a little bit about that view? Why that preference? Are there sectors or specific stocks that matter more? How are you thinking about this sort of allocation across equity markets for you in Asia? Jonathan Garner: So, certainly, as Seth indicated and Chetan and Yamaguchi-san said, it's really an environment where the sector call, particularly the CapEx, super cycle call should drive portfolios. And that naturally leads you in Asia more to North Asia, where Japan is very richly endowed in beneficiaries of the CapEx super cycle. And obviously markets like Korea and Taiwan, and much less so to South Asia, where the larger markets are much more populated by consumer and services stocks. So, in our portfolio, we're essentially overweight capital spending, underweight the consumer. And when you look at the Japan market, one of the things that my colleague Daniel Blake has done a lot of work is, is the sort of thematic exposures that exist within our coverage. The four core Morgan Stanley research themes of multipolar world, AI, tech diffusion, future of energy and societal shifts, they map into about 75 percent by stock number of our coverage for the Japan market, and they're quite nicely distributed across the stock coverage. Obviously, some stocks have more than one aspect to them. And that is highly advantageous and much more advantageous than in fact any other large market. Europe of course, doesn't have AI, tech diffusion, or it largely lacks the beneficiaries, the upstream beneficiaries. The US has legacy, sort of, software service, business models and consumer exposure. Now, it's not to say that all is sort of rosy in the garden. There are large auto OEMs here in Japan where the earnings numbers are challenged. So, it's all about the kind of the dispersion that's going on within the portfolio. But just on the base case targets, 4300 for topics, that's set by Nakazawa-san and myself. It's about 12 percent upside in the base. In the two weeks since we published the report, EM has fallen back somewhat, so there's about 8 percent upside to our EM target. But on a kind of risk-adjusted bull-bear skew, bear in mind that EM is much more skewed in terms of the earnings drivers of that market. Essentially, if you strip Korea and Taiwan out, there's no earnings growth in EM right now. You would ultimately have to favor Japan. So, Japan should be at the core of any Asia portfolio at the moment. Seth Carpenter: And can you just give us a little insight as to what you're seeing about how the market is or maybe is not pricing the threat from the energy shock? What are you seeing in equity markets, top line, down into sectors? Do you think there's enough concern? Do you think there's room for that to get, sort of, rerated just on the energy shock situation? Jonathan Garner: So, what you're seeing is that anything that is consumer-related is really struggling in terms of revisions. I think there are six different subcomponents of the consumer that we can track. Every single one of them has downgrades. And the upgrades are in energy, upstream energy, which isn't that well represented in Japan. There are a couple of names. In materials, really across the board. In semis and IT across the board, and broadly, tech hardware. And then in the defense capital goods space. And that dispersion in revisions within the Japan market or within Asia as a whole is something that I've never seen before.It does maybe to some extent question the resilience of the consumer in terms of the way that the numbers are being downgraded. So, I'll just leave that hanging a little bit. Seth Carpenter: Alright, thank you very much to my colleagues. And this is where I have to shift back into podcast mode to say thank you for listening. And if you enjoy Thoughts on the Market, please share it with a colleague or friend today. Thank you very much everybody. Voice: That was Part 1 of a special two-part episode from Morgan Stanley and MUFG's Japan Summit. Join us tomorrow for Part 2 of the conversation.
Qu'est-ce que la fracture numérique ? En quoi vient-elle en conflit avec la digitalisation des administrations ? Comment prendre les usagers en compte ? L'inclusion numérique est-elle une solution ? Trois expert·es du Namur Digital Institute (NADI), Simon Dechamps (Centre de recherches MINDIT), Alix Gobert (Centre de recherches CRIDS) & Floriane Goose (Centre de recherches CeRCLe) ont débattu de ces questions. Enjoy!Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.
durée : 00:28:53 - Les Nuits de France Culture - par : Albane Penaranda - Habitué de la Croisette, Ken Loach incarne un paradoxe : comment un cinéaste si résolument à gauche s'impose-t-il au royaume des paillettes ? Dans cette émission de 2016, il s'explique au micro de Caroline Broué sur sa cote d'amour à Cannes, après son prix pour le très social "Moi, Daniel Blake". - réalisation : Mathias Le Gargasson, Antoine Dhulster, Rafik Zénine, Vincent Abouchar, Emily Vallat, Hassane M'Béchour, INA - invités : Ken Loach Réalisateur britannique Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France
DJ Nik and Charles Skaggs discuss "The Hateful Darkness", the seventh episode of Daredevil: Born Again Season 2, featuring Charlie Cox as Daredevil/Matt Murdock, Vincent D'Onofrio as The Kingpin/Wilson Fisk, Krysten Ritter as Jessica Jones, and Michael Gandolfini as Daniel Blake! Find us here:Facebook: Facebook.com/FandomZonePodcast Instagram: @FandomZonePodcast Bluesky: @CharlesSkaggs.bsky.social, @goldstandardoscars.bsky.social Email: FandomZoneCast@gmail.com Listen and subscribe to us in Apple Podcasts and leave us a review!
Jessica Jones confronts Mr. Charles and gets some intel. Karen Page is visited by three people while locked up and a surprise lawyer shows up to defend her in court. The taskforce attacks Matt and company in a parking deck. Bullseye defends the governor of New York. And Buck Cashman kills Daniel Blake!?! Episode 187 of Super Sideshow!Follow. Subscribe. Rate. Review. Thumbs up. Give us all the Stars!Where to find us.Podlink https://pod.link/1566632765Mastodon https://mastodon.social/@SuperSideshowThreads https://www.threads.net/@super_sideshowYouTube https://www.youtube.com/@SuperSideshow
Monarch’s Tim is LARPing as the MAN This week on the podcast, Brian and Darryl dive into another packed week of prestige chaos, Sith trauma, kaiju family therapy, Hell's Kitchen courtroom warfare, and The Boys reminding everyone that celebrity cameos are just meat with better agents. Episode Index Intro: 0:07 Maul: 8:27 Monarch: 15:51 Daredevil: 29:40 The Boys: 44:14 Star Wars: Maul – Shadow Lord, Episode 7 Title: Chapter 7: Call to Oblivion Air date: April 27, 2026 Director: Nathaniel Villanueva Writer: Julia Cooperman Summary: Maul brings Devon and Rylee to his hideout as the Empire closes in, but Devon refuses to follow him and tries to get Rylee away. Things go sideways fast when Imperial forces capture Rylee, forcing Devon back toward Lawson and Daki. Meanwhile, Maul's attempt to escape Janix collapses into a brutal fight with Marrok and the Eleventh Brother, leaving his followers scattered, his ship destroyed, and his already damaged leg becoming a very real problem. Maul survives because of course he does, but this is the Empire turning the screws hard. Star Wars: Maul – Shadow Lord, Episode 8 Title: Chapter 8: The Creeping Fear Air date: April 27, 2026 Director: Saul Ruiz Writer: Jennifer Corbett Summary: With Maul separated from his crew and physically breaking down, the episode digs into his past through hallucinations of Sidious, Savage Opress, and the trauma that shaped him into the walking red flag he is today. Two-Boots finally gets his moral compass rebooted after learning what the Empire really did to Klyce, helping Rylee escape before the group walks into yet another trap. Sul sacrifices herself to stop Blake, and Maul's surviving crew regroups just in time for a message from Dryden Vos, because apparently the galaxy's criminal LinkedIn is still very active. Rating Out of 10 Help Me Darryl-Wan Kneobi, Brian Stopped Watching Darryl: 6.8/10 Brian: DNW Monarch: Legacy of Monsters, Season 2, Episode 9 Title: Ends of the Earth Air date: April 24, 2026 Director: Lawrence Trilling Writer: Tanner Hansinger Summary: Outpost 18 tracks Godzilla and Titan X toward Skull Island, where Godzilla backs off and Isabel reveals the full flavor of her Apex-branded madness. Her plan is not just about Axis Mundi. It is about using Titan X, its egg, and Skull Island itself as pieces on a very expensive monster chessboard. Meanwhile, Tim, Shaw, Keiko, May, and Monarch forces follow Titan X onto the island, Shaw and Keiko get separated, Cate escapes, and Kentaro drops the emotional trap card by claiming they can save Hiroshi. In the 1958 storyline, Keiko and Bill marry, while Bill's later obsession with rifts shows how this family has been getting emotionally nuked by monster science for decades. Rating Out of 5 When Godzilla and Titan X Stop to Have a Chat Brian: 4.01/5 Darryl: 3/5 Daredevil: Born Again, Season 2, Episode 7 Title: The Hateful Darkness Air date: April 28, 2026 Director: Iain B. MacDonald Writer: Heather Bellson Summary: Karen Page finally gets her day in court, and Matt comes out of hiding to help defend her alongside Kirsten McDuffie. The trial puts the AVTF under pressure, but Fisk's machine responds the only way it knows how: violence, intimidation, and ugly backroom damage control. Jessica Jones confronts Mr. Charles and learns Luke Cage is working overseas with the CIA, while Dex interrupts an assassination attempt on Governor McCaffrey. The emotional gut punch lands with Daniel Blake, who nearly gives BB Urich up to Cashman before finding his spine at the worst possible time. He lets her escape, refuses to reveal her location, and pays for it with his life. Rating Out of 5, Matthew Murdock for the Defense is Straight Fire Brian: 4.22/5 Darryl: 3.5/5 The Boys, Season 5, Episode 5 Title: One-Shots Air date: April 29, 2026 Director: Phil Sgriccia Writer: Judalina Neira Summary: The Boys keeps pushing the virus and chasing V1 while Homelander and Soldier Boy go hunting for answers through Stan Edgar and Mister Marathon. In Los Angeles, Mister Marathon and Malchemical try to pull Soldier Boy away from Homelander, but Soldier Boy chooses Team Daddy Issues and kills Malchemical instead. Marathon's escape turns into a blood-soaked celebrity disaster before Homelander finishes him off. Back at Vought, Sage warns Ashley that Homelander can't get V1, Noir spirals through theater-kid identity crisis hell, The Deep does Deep things, and Firecracker finally starts doubting Homelander, which goes about as well as expected. He kills her. Because apparently loyalty programs at Vought end with murder. Rating Out of 5 If Only Moose Could Do Such a Thing Brian: 1/5 Darryl: 1/5 Contact Us The Infamous Podcast can be found wherever podcasts are found on the Interwebs, feel free to subscribe and follow along on social media. And don't be shy about helping out the show with a 5-star review on Apple Podcasts to help us move up in the ratings. @infamouspodcast facebook/infamouspodcast instagram/infamouspodcast stitcher Apple Podcasts Spotify Google Play iHeart Radio contact@infamouspodcast.com Our theme music is ‘Skate Beat’ provided by Michael Henry, with additional music provided by Michael Henry. Find more at MeetMichaelHenry.com. The Infamous Podcast is hosted by Brian Tudor and Darryl Jasper, is recorded in Cincinnati, Ohio. The show is produced and edited by Brian Tudor. Subscribe today!
A solo una semana del final, empezamos a despedirnos de la segunda temporada de Daredevil: Born Again con un penúltimo episodio en el que Matt y Karen llevan la batalla contra Fisk al terreno legal.
Zach, Giovanni, and Joaquin discuss episode seven of Daredevil: Born Again. They give their Devil Digits (score out of 10), Jessica Jones, CHERRY, Mr. Charles, Daniel Blake, BB, Bullseye, Kingpin, Matt Murdock's return, Karen and Heather, and so much more.Follow the hosts:Zach Perilstein: @TripleZ_87Giovanni Delgadillo: @GioDelNopeJoaquin Fernandez: @FernaJustooCheck out Boardwalk Times, the Destination for True Disney Parks Fans Plus Everything Else. Website: boardwalktimes.net Visit BoardwalkTimes.store for the greatest merch in the multiverseTwitter: twitter.com/boardwalktimes Instagram: instagram.com/boardwalktimesMusic: purple-planet.com
Hugh returns to hosting duties this week as he and noted Elden Henson hater Robert Turnbull discuss episode six of Daredevil: Born Again, Requiem, featuring the return of everyone's favourite sardonic private eye, Jessica Jones. The gents discuss a bad-ass superhero team up, the escalation of protests on the streets of New York, Daniel Blake and BB finally showing each other their cards and Matt Murdock's moral quandary of the week. All of that before finally turning their attention to a grieving, murderous Wilson Fisk. Check it out below… Host Hugh McStay Guest Robert Turnbull You Have Ben Watching: A British Sitcom Podcast Editor Hugh McStay We are now part of the FILM STORIES Podcast Network! Visit us at https://filmstories.co.uk/. Support the Film Stories podcast network on Patreon: https://www.patreon.com/simonbrew BLUESKY Follow us on @Podcast616.bsky.social Follow Hugh McStay at @angryscotsman81.bsky.social Follow Ashley Thomas at @TheNerdyBlogger.bsky.social FACEBOOK Join us at Community-616! Title music: A New Era Unfolding (c) Sinfonietta Cinematica via epidemicsound.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Zach, Giovanni, and Joaquin discuss episode five of Daredevil: Born Again. They give their Devil Digits (score out of 10), flashbacks, Foggy, Daniel Blake, Buck Cashman, Daredevil/Bullseye, Wilson Fisk, Vanessa, the parallels, BB, the church, and Daredevil's overall impact on Marvel Television.–Follow the hosts:Zach Perilstein: @TripleZ_87Giovanni Delgadillo: @GioDelNopeJoaquin Fernandez: @FernaJustooCheck out Boardwalk Times, the Destination for True Disney Parks Fans Plus Everything Else. Website: boardwalktimes.net Visit BoardwalkTimes.store for the greatest merch in the multiverseTwitter: twitter.com/boardwalktimes Instagram: instagram.com/boardwalktimesMusic: purple-planet.com
Jong is back so it's time to get Jong's thoughts on season 2 of Daredevil Born Again so far! Jong and Michael discuss what they've enjoyed about the series so far, what they felt is holding the show back from being one of the best of the year, Karen and Matt's opposing viewpoints on dealing with the AVTF, the incredible (and sad) parrallel's to real life, whether Heather could take on the mantle of Muse, Bullseye being an absolute menace/wildcard, what are Bullseye's motivations, Angela's return, whether Fisk will groom or threaten Daniel Blake, and more! Plus, the guys discuss why 2nd trailer for Supergirl has them both hyped, Supergirl's key differences from Superman, the comic it's adapted from, and the need for people to recognize director Craig Gillespie and writer Ana Nogueira rather than James Gunn. 2 ANNOUNCEMENTS! Comicast is once again part of the Podcast Program at Comicpalooza. This year's event is happening May 22nd through the 24th at the George R. Brown Convention Center. The podcast panel time is still TBD but keep listening to Comicast as the guys provide more updates regarding their involvement, the event's eventual schedule release, guest announcements, panels, and more! You can also stay up to date by following Comicpalooza on social media: @Comicpalooza on Twitter & Facebook, @Houstoncomicpalooza on Instagram & Threads, & @comicpalooza.bsky.social on Bluesky.Find out more info or purchase your passes today at comicpalooza.com!Then on Saturday June 13th, Michael will serve as the panel moderator for The Book Dragon Festival's author panel. Michael will join author's K.R. House, D.L. Jennings, J.J. Kang, and Abbey Fox to discuss world building, magic systems, and more! The event takes place at POST Houston with the ticketed author panel beginning at 11a, followed by the fantasy market which opens from 12p to 5p that day. Get your tickets for the author panel right now on Eventbrite. To stay up to date on the festival follow The Book Dragon Fantasy Shop on Instagram, @thebookdragon_htx.The Book Dragon Festival is a celebration of the love of fantasy, sci fi, and paranormal books. The author panel kick's off the event at 11am, then the fantasy market opens at 12p which will feature 30 authors signing and selling books, live artist drawing, themed sketches on bookmarks, Independent fantasy bookstore vendors, blind date with a book, themed candles, bookish art and merch vendors, tasty treat vendors with special menus, coffee, boba, and more!Rate, review, like, and/or subscribe to Comicast on whatever podcast app you're using; Apple Podcasts, Spotify, Castbox, Goodpods, Podcast Addicts, or whatever your podcast app of choice is! Feedback, questions, or topic ideas for the show? Email us at comicastpod@gmail.com
Dans ce 32e épisode de Pop-Code, nous abordons le "Sorry We Missed You" de Ken Loach (qu'on avait déjà abordé via "I, Daniel Blake") et on y parle de l'économie collaborative, de l'ubérisation de la société avec ses enjeux, et des potentielles applications bénéfiques de ces plateformes. Tout cela avec un invité de marque, expert en comportement des consommateurs et marketing: le professeur Alain Decrop Suivez-nous et donnez-vous votre avis sur notre page Instagram (https://www.instagram.com/the_real_pop_coders?igsh=am05dGxxYnhsZTc5) ou suivez-nous sur Linkedin (https://www.linkedin.com/in/anthony-simonofski-26793385/).Pour en savoir plus:Decrop, A. (2017). La consommation collaborative: Enjeux et défis de la nouvelle société du partage. De Boeck Supérieur.Decrop, A., Del Chiappa, G., Mallargé, J., & Zidda, P. (2018). “Couchsurfing has made me a better person and the world a better place”: The transformative power of collaborative tourism experiences. Journal of Travel & Tourism Marketing, 35(1), 57-72. Documentaire "En attendant les robots" - https://www.youtube.com/watch?v=MxqYzzmuO7kHébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.
The 2016 Palme d'Or and BAFTA-winning film I, Daniel Blake, directed by Ken Loach, written by Paul Laverty and featuring comedian and actor Dave Johns in the title role, was adapted by Johns for a stage production in 2023 directed by Mark Calvert. The production is to be revived for a short tour in 2026 produced by Northern Stage in Newcastle and Leeds Playhouse featuring most of the original cast and production team. BTG Editor David Chadderton spoke to director Mark Calvert about the play and its strong message, how playing the title role in the film fired up Dave Johns politically and made him keen to bring it to the stage, the reactions from audiences across the political spectrum in 2023, the fear of having Loach and Laverty in the audience on press night and more. I, Daniel Blake opens at Northern Stage in Newcastle from 20 March to 2 April 2026 before touring to Citizens Theatre in Glasgow 7–11 April, The Dukes in Lancaster 14–18 April, HOME Manchester 21–25 April and Leeds Playhouse 28 April–9 May. (Photo of Mark Calvert, credit: Von Fox Promotions)
Our guest is actor Bryony Corrigan, a core member of Mischief Theatre and one of British comedy's most recognisable faces. She's brought joyful chaos to audiences around the world in the hit Goes Wrong productions, including Peter Pan Goes Wrong, A Christmas Carol Goes Wrong, Groan-Ups, and The Goes Wrong Show. Her improv brilliance has also shone in Mischief Movie Night In, which streamed globally to huge acclaim.Beyond Mischief, Bryony's screen credits include Good Omens, Holby City, Inspector George Gently, The Walk-In, My Lady Jane, and I Fought the Law. In 2024, she received What's On Stage and UK Theatre Award nominations for her powerful performance as Katie in I, Daniel Blake, confirming her range and reputation as one of the most exciting talents in British theatre today.Subscribe to the Fit2 Perform Podcast for more conversations with incredible guests from stage and screen.For inquiries or feedback, email talk@fit-2.co.uk.
The number of abortions recorded in England and Wales has reached a record high, according to the latest government figures from the Department of Health. There were 277,970 abortions in 2023, the highest number since the Abortion Act was introduced in 1967 - which is 11 per cent higher than the previous year in 2022. Rachael Clarke is Head of Advocacy for the British Pregnancy Advisory Service - known as B-PAS, and tells Anita Rani about the findings. In 2025 alone she walked at Paris Fashion Week, spoke at the United Nations about face equality and won 'Fashion and beauty influencer of the year' at the the UK and Ireland TikTok awards, all while managing a chronic illness. Nikki Lilly is a Bafta and Emmy award-winner, an influencer and a campaigner and she joins Anita in the studio. January is one of the toughest times for managing finances - and this year the pressure is hitting harder than ever. In just the first week of 2026, more than 13,000 people turned to Citizens Advice for help with debt. Last January, over 50,000 people sought support, and they expect this year to be even worse. New polling commissioned by the charity over the last six months reveals one in three people in problem debt have gone without essentials like food and women are feeling the squeeze more than men, with nearly 40% of those seeking advice being impacted compared to 31% of men. To discuss, Anita is joined by principle policy manager at Citizens Advice, Emer Sheehy, and personal finance and consumer expert Sue Hayward.Grief over a pet's death can be as strong as that for a family member or close friend, new research shows. Anita talks to Philip Hyland who led the research on prolonged grief disorder. Actor Hayley Squires is currently on our screens in the long-awaited second series of BBC spy thriller The Night Manager. Her character Sally Price-Jones is second in command to Tom Hiddleston's Jonathan Pine, as they navigate a dangerous world of international espionage, deception and moral ambiguity. Since her breakthrough in Ken Loach's award-winning film I, Daniel Blake, Hayley's won critical acclaim for a host of TV, film and theatre roles. She's currently also appearing in the hit production of All My Sons in London's West End. Presenter: Anita Rani Producer: Corinna Jones
In this episode of The Systemic Way, we talk about age in the room—listening for it not as decline, but as presence, memory, and becoming. Drawing inspiration from Maya Angelou's On Aging, where she writes of being “old as the hills, and far from done,” we explore lifecycle transitions, working with older people, and how a therapist's age is read, misread, and positioned in the therapeutic relationship.We reflect on age as a cultural and systemic story: how wisdom, power, invisibility, authority, and expectation are shaped across generations and communities. This is a conversation about the assumptions we inherit, the vitality that persists, and what age—spoken and unspoken—brings into systemic practice.
Dave Hondel sits down with the writer and producer of the new movie "Mr. Wonderful", Daniel Blake Smith. The movie is based on his novel of the same name that is available anywhere you order your favorite books. The movie's director and co-producer, Mark David joined the show as well and both Daniel and Mark discussed the making of this project and challenges they overcame to bring the movie to completion. The movie is now making the film festival circuit and is being very well-received by audiences and critics!
Our strategists Daniel Blake and Tim Chan discuss how Asia is adapting to multipolar world dynamics, tech innovation and longevity trends to create new opportunities for global investors.Read more insights from Morgan Stanley.----- Transcript ----- Daniel Blake: Welcome to Thoughts on the Market. I'm Daniel Blake, Morgan Stanley's Asia Equity and Thematic Strategist. Tim Chan: And I'm Tim Chan, Morgan Stanley Head of Asia Sustainability Research and Thematic Strategist Daniel Blake: Today, how Asia is reshaping its development strategy, corporate governance, and capital markets to lead globally. It's Monday, October 6th at 8am in Singapore. Tim Chan: And it's also 8am in Hong Kong. Daniel Blake: Asia is experiencing a number of dramatic changes that are reshaping industries, even entire economies. Deglobalization, supply chain shifts, frenetic investment in AI and looming disruption from the adoption of the technology, rapid energy transformation, and the transition to super aged populations as longevity drives investment in innovative healthcare and better nutrition are just some of the overarching themes. Asia's transformation is a story every global investor needs to follow and look for opportunities in. Tim Chan: So, what are the overarching themes, when you look at Asia Pacific? For example, what are the key themes that you're seeing in terms of driving the equity return and the market trend that you're seeing? Daniel Blake: We're approaching the Asia thematic opportunity from the framework of a competitive reinvention. It's competitive because this is deeply rooted in the cultural and business norms across much of the region, which has had an export focus through the modernization process in Japan, and more broadly with the emergence of the Asia Tigers. But we're seeing this competition really stepping up another notch. As countries look at how they can take market share in emerging technologies, and also this overarching competition between the U.S. and China, which sits at the heart of the multipolar world theme we've been laying out in recent years. We're also seeing a reinvention of development strategies of corporate governance frameworks and of capital markets to try to better improve the financial supply chain, to see the capital raising the capital allocation process improved and ultimately drive better returns for an aging population. So, Tim, you've been very focused on the corporate governance improvements that were seen in much of the region. Take us through what you think is most compelling and most important for investors to note. Tim Chan: I think governance reforms is a really key thing for Asia Pacific. Take an example in Japan, in the past we have done some correlation analysis between the major governance factors and what are driving the return. What we have found is that, first of all, there is a significant alpha potential from online companies with leading governance metrics and also companies that may improve their governance metrics over time. So, if we look at the independence of board of directors as an example. There is a positive correlation between the total return and also the independence in Japan market. And overall, we are seeing a major government improvement. As Daniel you have mentioned, China, Korea, India, and Singapore, and Japan as well – all these markets together account for over 70 percent of the market cap in MS Asia Pacific in index. So that's why, we think the governance reform is really driving the return of Asia Pacific as a whole. Daniel, after talking about the governance reform and capital market reform, I know multipolar level is also a key theme for Asia Pacific. So, what you are seeing in terms of multipolar level in Asia Pacific? Daniel Blake: So, the multipolar world theme has come back to the foreground in 2025 as trade tensions have risen, as deal making has been struck or attempted. And we've seen the concept of weaponized interdependence really being proven out in the second quarter of 2025, as China has been in recent years, implementing frameworks for export controls and leverage these quite effectively. So economic security initiatives have come back to the focus for investors. Over recent years, we've seen a number being set up across the region, including Japan's Economic Security Promotion Act, the Self-Reliant India framework, and South Korea's Supply Chain Stabilization Act, as well as Australia's National Reconstruction Fund. So, we see a number of investment opportunities flowing from these reforms. Ultimately the critical mineral and permanent magnet supply chain is very much in focus, but we're also expecting to see semi localization. So, semiconductor localization efforts are continuing to drive investment and activity. Naturally, defense has been a key area of focus for investors in 2025, and overall we see defense spending rising in Asia from 600 U.S. billion dollars in 2024 to [$]1 trillion in 2030.So, Tim, the energy security theme fits as part of this overall future of energy theme that you've been exploring with the team. How do you see this intersection with the multipolar world and what are the key investment opportunities? Tim Chan: For the future of energy, I think the energy story is really at the core of Asia multipolar world positioning. Take an example, we are seeing for Southeast Asia, the region is importing gas from U.S., and then also Korea and Japan are also trying to export their nuclear technology to the Western world as well. I think all these have a part to play in the multipolar world; but at the same time, they are also crucial for these countries to meet their own energy target and strategy. In Asia Pacific, when we look at the future of energy, there are a few driving force[s]. One is the very strong growth of renewable energy. Take an example, in India, we are seeing a huge CapEx going into the renewable energy sector and solar sector as well. China is already the biggest market in solar panel. Then also Korea and Japan are developing their nuclear capacity as well. And as I have mentioned, they also export their nuclear technology to the Western world. So, I would say, these Asian countries are balancing the multipolar world priorities with their future of energy target as well. And then there were also lots of opportunities between these dynamics; I will highlight two examples. One is a nuclear renaissance thesis that we have written extensively in the past two years. We have highlighted Japan and Korea being the key beneficiaries under this multipolar world and future of energy dynamics. And then the other would be the gas globalization in Southeast Asia or ASEAN region, where we see opportunities in the gas distributor, gas infrastructure in Southeast Asia. And then gas is going to be much more important when it comes to the energy, security and transition agenda in Southeast Asia region. So we are seeing lots of development in the future of energy in Asia Pacific. But when it comes to the other big theme that is AI. Asia Pacific is also a leader in a global AI race. So, Danny, what are the most reputable trend that you're seeing on a national or regional level? On tech diffusion and AI in Asia Pacific? Daniel Blake: So, the concept of competitive reinvention also is useful in understanding Asia's response to AI and technology diffusion. So, we've seen China in particular, looking to strengthen its position in the development phase of new technologies. And we're also seeing on the export competition front, more incentives to compete for the next phase of supply chain diversification. We're also seeing the emerging class of China MNCs that are sitting at the heart of our China Emerging Frontiers research. And another key area of discussion and research for us is understanding China's unique AI path. Where we're seeing more of a focus on policy makers and corporates playing to strengths in terms of power, data and talent, given the shortages of compute, and at the same time wanting to pursue a localization strategy over the medium term. On the technology front, we think the India stack is also still underappreciated as a digital enabler of opportunities in the New India. And then more broadly, we are looking for companies that we see in Asia that will prove to be AI adoption leaders. So, this underpins a really another key work stream for us in identifying opportunities from AI and tech diffusion into the region. So, Tim, how about when we turn to the theme of longevity, what are the key investment opportunities you see in Asia Pacific? Tim Chan: First of all, let's look at China. So, China is entering a super age society and by 2030, China's elderly population will hit 260 million. So that is a big number, which accounts for 18 percent of the population. And Japan as well, and Korea as well. Korea is already entering the super aged society. And then there have been reform program on healthcare, financial system pension and labor market in order to support these, old aging population. And for Japan, the focus is really on not just living longer but also living more healthy. Take an example, we have done some reports on the healthy food industry in Japan. And how different companies are providing affordable, healthy food to consumer. And we think that will create opportunities for investor, if they would like to look into longevity as a theme. Overall, we are seeing new market in healthcare, pharmaceutical, and affordable healthy food, as well as the reform in the wealth management and pension system that will create opportunities in the financial market as well. And the longevity economy and or the silver economy is becoming a big theme for Asia Pacific for a long time to come. Daniel Blake: Tim, thanks for taking the time to talk. Tim Chan: Yeah, great speaking with you, Daniel. Daniel Blake: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.
Mike Leigh er en britisk filmskaper som fra dag én har laget filmer om «vanlige» mennesker. Hans siste film, Hard Truths, som nå kan sees på kino, handler om en plaget (og plagsom) kvinne ved navn Pansy (spilt av Marianne Jean-Baptiste). Hun sover dårlig, har vondt i kjeven, og kan verken snakke med fremmede eller sin egen familie uten å skjelle dem ut. Ukens episode handler om Mike Leighs stil og metode, og hva det vil si å se en type virkelighet på film som ligner mer på den «virkelige» verdenen enn den oppdiktede.Artikler og verk nevnt i episoden:Filmer av Mike Leigh:Life is Sweet (1990)Naked (1993)Secrets and Lies (1996)Vera Drake (2004)Another Year (2010)Mr. Turner (2014)Filmer av Ken Loach:Kes (1969)The Wind That Shakes the Barley (2006)I, Daniel Blake (2016)Fersk artikkel om tilstanden i norsk filmbransje:https://www.morgenbladet.no/kultur/suksessen-er-resultatet-av-ting-som-ble-gjort-for-mange-ar-siden-na-er-alt-truet/9808040Elises intervju med Mike Leigh i anledning hans forrige film:https://www.morgenbladet.no/aktuelt/selvfolgelig-vil-ikke-brexit-fungere/9104800NRK-artikkel om rikinger i tv-serier:https://www.nrk.no/buskerud/tv-serier-om-rike-_klyser_-tar-av_-_-et-lett-fiendebilde-a-male-1.17448291Elises anbefaling: Dokumentaren My Mom Jayne – kommer på strømmetjenesten Max 27. juni.Aksels anbefaling: Dokumentarserien Shifty av Adam Curtis Hosted on Acast. See acast.com/privacy for more information.
Burned guns found in burn scar areas. Shoutouts Hughes Family Market, Circles by Daniel Blake on Spotify . Film & TV Industry hurting // CA. TV & Film Industry needs HELP! ASAP! // Conway's 1,000th promo by the magical Clay Roe. Vicki Lawrence performing at Haugh Performing Arts Center – TIm was in the episode Vinton goes into the Army // Talkbacks
Daredevil: Born Again is back and we're talking about it! Daniel Blake is big timing it! Heather is even more annoying. Does anyone remember White Tiger? Hear about all of this and more!Follow. Subscribe. Rate. Review. Thumbs up. Give us all the Stars!Show Notes.Not this time!News You Can Abuse!Not this time!What's up next?Daredevil season finale! Where to find us.Episodes https://episodes.fm/1566632765Mastodon https://mastodon.social/@SuperSideshowThreads https://www.threads.net/@super_sideshowPatreon https://patreon.com/SuperSideShowPodcastYouTube https://www.youtube.com/@SuperSideshow
Today on the podcast the guys are joined by Aaron Perine of the Phase Hero podcast and the Free Space podcast. The trio discuss what they thought of the Superman first look, why this film feels different compared to other superhero films, the age of embracing the nerdiness of comics, and when you take a concentrated blast of sun you might hurt too. Plus, the guys give their full spoiler thoughts on episode 8 of Daredevil: Born Again. Find out why this was a standout of the series so far, why everyone should be worried about a united Fisk front, what's lacking for Jong (spoiler rhymes with runisher), Matt's further acceptance of Daredevil at the expense of everyone else, why Bullseye is a menace, whether we find out who actually killed Hector Ayala, BB's awesomeness, Daniel Blake's creepiness/cultishness, and more! Follow Aaron on Threads, Blue Sky, Instagram, or wherever you do your social media-ing, @sumitlakehornet. Subscribe to Phase Hero and Free Space where you get your podcasts!Follow Jong and Michael on social media. Bluesky: @one-punch.bsky.social & @producermike975.bsky.socialThreads: @onepunch______ & @producermike975Instagram: @onepunch______ & @producermike975Rate, review, like, and/or subscribe to Comicast on Apple Podcasts, Spotify, Castbox, Goodpods, Podcast Addicts, or wherever you get your podcasts! Feedback, questions, or topic ideas for the show? Email us at comicastpod@gmail.com
On today's issue of Comicast the guys give their post chair live stream reactions, who were they either surprised or not surprised by, why Jong was disappointed with the social media chair-a-thon, whether James Marsden get his time to shine as Cyclops finally, the reveal of Spider-Man 4's title, why Brand New Day doesn't seem to inidicate a multiverse story, knowing the title of the movie who could Sadie Sink be playing really, and more! Plus, the guys dive into episode 7 of Daredevil: Born Again. Find out what they thought of Muse vs Daredevil round 2, whether Heather/Angela will know Matt's secret by season's end, whether Vanessa setup Wilson, the sinister turn for Daniel Blake, and much more! Follow Jong and Michael on social media. Bluesky: @one-punch.bsky.social & @producermike975.bsky.socialThreads: @onepunch______ & @producermike975Instagram: @onepunch______ & @producermike975Rate, review, like, and/or subscribe to Comicast on Apple Podcasts, Spotify, Castbox, Goodpods, Podcast Addicts, or wherever you get your podcasts! Feedback, questions, or topic ideas for the show? Email us at comicastpod@gmail.com
Sometimes Karma is Worse Than a Poison Apple This week on the podcast, Brian and Darryl are talking about the latest episode of Daredevil: Born Again, the penultimate episode of Reacher season 3, and the absolute BOMB of Snow White at the box office, and what Disney should do to recover. Episode Index Intro: 0:07 Snow Brown: 4:19 Daredevil: 22:43 Reacher: 36:27 Snow White Box Office News Disney's live-action remake of “Snow White” has experienced a disappointing performance at the box office. The film debuted with approximately $43 million in domestic earnings and a global total of around $87 million, both figures falling short of initial projections. Snow White Gets BRUTAL News As NEW Rachel Zegler Video GOES VIRAL & Makes Things WORSE For Disney https://www.youtube.com/watch?v=8qVfLvS_X2A Daredevil: Born Again (Disney+) Out of 5 Punisher Brand Sewer Bullets Darryl: 3.6/5 Brian: 3.6/5 Episode Title: Sic Semper Systema Director: Jeffrey Nachmanoff Writer: David Feige & Jess Wigutow Air Date: March 18, 2025 Summary: Murdock is confronted by Ayala’s niece, Angela del Toro, who believes the police are responsible for Ayala’s death. Murdock comforts her with hope that the killer will be brought to justice. At marriage counseling, Fisk and Vanessa discuss her affair with Adam and Glenn privately asks Vanessa if she feels safe around Fisk. Fisk’s plan to rebuild the city’s ports faces several hurdles, including bureaucratic procedures, gang in-fighting, and his protégé Daniel Blake drunkenly leaking details to BB who reports that Fisk is a union buster. Despite his anger, Fisk decides not to fire Blake when the latter expresses his deep loyalty. Murdock investigates the site of Ayala’s murder and finds a bullet casing with the Punisher’s symbol on it. He tracks down Castle and suggests that he should take responsibility for those who are misusing the Punisher symbol. Castle calls out Murdock for not killing Dex as retribution for Nelson’s death. Later that night, Murdock practices with his Daredevil billy clubs, Fisk eats dinner next to an imprisoned Adam, and the masked serial killer Muse drains blood from a victim. Reacher (Prime Video) Out of 5 You Just Can’t Call in the ATFs Darryl: 3.91/5 Brian: 4.1/5 Episode Title: L.A. Story Director: Sam Hill Writer: Penny Cox & Cait Duffy Air Date: March 20, 2025 Summary: Neagley interrogates Costopoulos, who tells her that Quinn murdered a family when business went wrong and is about to do the same to the Beck family. Reacher and Duffy, in Los Angeles, track down a drug dealer, Darien Prado, before having sex. Reacher and Duffy intercept Darien at a club and blackmail him into cooperating. He calls Zachary to meet, only for Reacher and Duffy to betray him. Zachary meets with Neagley, at Reacher’s command, and tells her that he and his son are in danger. Quinn visits a captive Teresa. Reacher and the team discover that the weapons are being sold to Yemeni buyers and that a terrorist act will be carried out in the United States. Zachary apologizes to Richard for his wrongdoing and says he will protect him at all costs. Zachary informs Reacher of the time and place of the exchange. Duffy and Villanueva involve the ATF, much to Reacher’s reluctance. On a call with Neagley, Reacher learns the exchange is actually taking place at Zachary’s house, and the place they are at is a setup. Contact Us The Infamous Podcast can be found wherever podcasts are found on the Interwebs, feel free to subscribe and follow along on social media. And don't be shy about helping out the show with a 5-star review on Apple Podcasts to help us move up in the ratings. @infamouspodcast facebook/infamouspodcast instagram/infamouspodcast stitcher Apple Podcasts Spotify Google Play iHeart Radio contact@infamouspodcast.com Our theme music is ‘Skate Beat’ provided by Michael Henry, with additional music provided by Michael Henry. Find more at MeetMichaelHenry.com. The Infamous Podcast is hosted by Brian Tudor and Darryl Jasper, is recorded in Cincinnati, Ohio. The show is produced and edited by Brian Tudor. Subscribe today!
Happy Daredevil: Born Again release to all who celebrate! The guys discuss the long awaited return of the Devil of Hell's Kitchen. Find out what the guys thought of those shocking first 10 minutes, how this new show harkens back to the old show, the stylistic changes that they were fans of (and not fans of), the imposing prescense of Wilson Fisk, how Fisk's mayoral run mirrors real life, Bullseye vs Daredevil, how Fisk/Matt relate to each other so far, the diner scene, and more! Plus, the guys give their thoughts on the introduction of new the characters like Cherry, Heather Glenn, Kirsten McDuffie, Hector Ayala, Daniel Blake, and BB Urich. Follow Jong and Michael on social media. Bluesky: @one-punch.bsky.social & @producermike975.bsky.socialThreads: @onepunch______ & @producermike975Instagram: @onepunch______ & @producermike975Rate, review, like, and/or subscribe to Comicast on Apple Podcasts, Spotify, Castbox, Goodpods, Podcast Addicts, or wherever you get your podcasts! Feedback, questions, or topic ideas for the show? Email us at comicastpod@gmail.com
We are continuing our series this week after missing a week due to the Flu. Paul Prins of Urban Monasticism and Nathan Daniel Blake of the Appalachian Order have returned to continue a discussion they started on threads a few months ago talking about the historical and cyclical nature of Monastic movements and the nature of empires that cause them.For more on Urban Monasticism: https://urbanmonastic.org For Paul's book: https://urbanmonastic.org/books/way-of-life/ For more information on Ministry Misfits visit www.ministrymisfits.comTo become a Patron for Ministry Misfits visit www.patreon.com/ministrymisfitsFor the Ministry Misfits Twitch: twitch.tv/ministrymisfit For more from KFM Broadcasting: www.kfmbroadcasting.com To support the KFM Broadcasting network: www.patreon.com/kfmbroadcasting Send us a textSupport the showFollow us on Twitter: www.twitter.com/ministrymisfitFollow us on Instagram: www.instagram.com/ministrymisfitFollow us on Facebook: www.facebook.com/ministrymisfitBecome a Patron: www.patreon.com/ministrymisfits
We are continuing our series this week after missing a week due to the Flu. Paul Prins of Urban Monasticism and Nathan Daniel Blake of the Appalachian Order have returned to continue a discussion they started on threads a few months ago talking about the historical and cyclical nature of Monastic movements and the nature of empires that cause them.For more on Urban Monasticism: https://urbanmonastic.org For Paul's book: https://urbanmonastic.org/books/way-of-life/ For more information on Ministry Misfits visit www.ministrymisfits.comTo become a Patron for Ministry Misfits visit www.patreon.com/ministrymisfitsFor the Ministry Misfits Twitch: twitch.tv/ministrymisfit For more from KFM Broadcasting: www.kfmbroadcasting.com To support the KFM Broadcasting network: www.patreon.com/kfmbroadcasting Send us a textSupport the showFollow us on Twitter: www.twitter.com/ministrymisfitFollow us on Instagram: www.instagram.com/ministrymisfitFollow us on Facebook: www.facebook.com/ministrymisfitBecome a Patron: www.patreon.com/ministrymisfits
The Old Oak will be Ken Loach's last feature film and Sharuna Sagar was granted exclusive access behind the scenes of this landmark movie. She joins the 86-year-old director on his swansong as he brings together his loyal team for one last time. As with his previous two films, I, Daniel Blake and Sorry We Missed You, Ken returns to the North East of England, to tell the story of Syrian refugees who have been housed in an ex-mining village. With him are his long-standing partners, producer Rebecca O'Brien and writer Paul Laverty, and they reveal the secrets of Loach's success, with films like Kes, Cathy Come Home and The Wind That Shakes The Barley.
Hoy nos clavamos a fondo en la más reciente película de Robert Eggers, su versión de "Nosferatu" que está en salas de cine y vale la pena. Hablamos además de la controversia que gira en torno a Anora y su protagonista. Es la película más nominada a los circuitos de premiaciones hasta el momento pero, ¿tendrá chance de llevarse uno grande? Unas primeras impresiones de la película animada lituana que se llama "Flow" y que nos fascinó. No hay invitado hoy pero sí hay tarea, dos películas de Ken Loach que recomienda Rafa: "The Old Oak" y "I, Daniel Blake". Bienvenidos a Brujas Cinema.
Kahleen Crawford started working in casting in 2000, setting up Kahleen Crawford Casting in 2006. She has been casting Ken Loach's films since 2003, including The Old Oak, Sorry We Missed You and I, Daniel Blake. Kahleen's other recent feature film credits include All of us Strangers directed by Andrew Haigh, for which she received a nomination for Best Casting at the 2024 BAFTA Film awards, The Outrun (dir: Nora Fingscheidt) starring Saoirse Ronan, Living directed by Oliver Hermanus, Maggie Gyllenhaal's directorial debut The Lost Daughter, and Harry Wootliff's first and second features Only You and True Things About Me. Recent television includes BBC/Showtime series The Woman In The Wall, two series of The Buccaneers for Apple Television, two series of Kudos/BBC's SAS: Rogue Heroes, two series of Screw (C4), two series of World Productions' thriller Vigil (BBC), Andrew Haigh's The North Water (BBC/AMC), two series of Sky Atlantic drama I Hate Suzie created by Billie Piper and Lucy Prebble, and all three series of BBC/HBO series His Dark Materials. Kahleen has recently completed casting on feature film Pillion for director Harry Lighton, Queen At Sea for director Lance Hammer, with Tom Courtenay, Juliette Binoche, and Anna Calder-Marshall, and All of You directed by William Bridges, starring Brett Goldstein and Imogen Poots. Photo is by Yellowbelly (if it's possible to credit).
Singer-songwriter Daniel Blake followed his heart, literally. As his girlfriend made a move to SoCal from Arizona, Blake came along and began working in construction… thinking he was leaving his musical pursuits behind. But he enjoyed the work, and the long drives provided ample time for melodies to develop and for songs to begin to write themselves. “Dreaming About It” is one of those songs and you’ll likely hear it as he and his full band kick-start School Night at Bardot for the very first show of the season(!).
The Bank of Japan jolted global markets after its recent decision to raise interest rates. Our experts break down the effects the move could have on the country's economy, currency and stock market.----- Transcript -----Chetan Ahya: Welcome to Thoughts on the Market. I'm Chetan Ahya, Morgan Stanley's Chief Asia Economist.Daniel Blake: And I'm Daniel Blake, from the Asia Pacific and Emerging Market Equity Strategy Team.Chetan Ahya: On this episode of the podcast, we will cover a topic that has been a big concern for global investors: Japan's rate hike and its effect on markets.It's Thursday, August 22nd at 6pm in Hong Kong.On July 31st, Japan's central bank made a bold move. For only the second time in 17 years, it raised interest rates. It lifted its benchmark rates to around 0.25 percent from its previous range of 0 to 0.1 percent. And at the press conference, BOJ Governor Ueda struck a more hawkish tone on the BOJ rate path than markets anticipated. Compounded with investors concern about US growth, this move jolted global equity markets and bond markets. The Japan equity market entered the quickest bear market in history. It lost 20 percent over three days.Well, a lot has happened since early August. So, I'm here with Daniel to give you an update.Daniel Blake: Chetan, before I can give you an update on what the market implications are of all this, let's make sense of what the macro-outlook is for Japan and what the Bank of Japan is really looking to achieve.I know that following that July monetary policy meeting, we heard from Deputy Governor Uchida san, who said that the bank would not raise its policy rates while financial and capital markets remain unstable.What is your view on the Bank of Japan policy outlook and the key macro-outlook for Japan more broadly?Chetan Ahya: Well, firstly, I think the governor's comments in the July policy meeting were more hawkish than expected and after the market's volatility, deputy governor did come out and explain the BOJ's thought process more clearly. The most important point explained there was that they will not hike policy rates in an environment where markets are volatile -- and that has given the comfort to market that BOJ will not be taking up successive rate hikes in an early manner.But ultimately when you're thinking about the outlook of BOJ's policy path, it will be determined by what happens to underlying wage growth and inflation trend. And on that front, wage growth has been accelerating. And we also think that inflation will be remaining at a moderate level and that will keep BOJ on the rate hike path, but those rate hikes will be taken up in a measured manner.In our base case, we are expecting the BOJ to hike by 25 basis points in January policy meeting next year, with a risk that they could possibly hike early in December of this year.Daniel Blake: And after an extended period of weakness, the Japanese yen appreciated sharply after the remarks. What drove this and what are the macro repercussions for the broader outlook?Chetan Ahya: We think that the US growth scare from the weaker July nonfarm payroll data, alongside a hawkish BOJ Governor Ueda's comments, led markets to begin pricing in more policy rate convergence between the US and Japan. This resulted in unwinding of the yen carry trade and a rapid appreciation of yen against the dollar.For now, our strategists believe that the near-term risk of further yen carry trade unwinding has lessened. We will closely watch the incoming US growth and labor market data for signs of the US slowdown and its impact on the yen. In the base case, our US Economics team continues to see a soft landing in the US and for the Fed to cut rates by three times this year from September, reaching a terminal of 3.625 by June 2025.Based on our US and BOJ rate path, our macro strategists see USD/JPY at 146 by year end. As it stands, our Japan inflation forecast already incorporates these yen forecasts, but if yen does appreciate beyond these levels on a sustainable basis, this would impart some further downside to our inflation forecast.Daniel Blake: And there's another key event to consider. Prime Minister Kishida san announced on August 14th that he will not seek re-election as President of The Liberal Democratic Party (LDP) in late September, and hence will have a new leader of Japan. Will this development have any impact on economic policy or the markets in your view?Chetan Ahya: The number of potential candidates means it's too early to tell. We think a major reversal in macro policies will be unlikely, though the timing of elections will likely have a bearing on BOJ.For example, after the September party leadership election, the new premier could then call for an early election in October; and in this scenario, we think likelihood of a BOJ move at its September and October policy meeting would be further diminished.So, Daniel, keeping in mind the macro backdrop that we just discussed, how are you interpreting the recent equity market volatility? And what do you expect for the rest of 2024 and into 2025?Daniel Blake: We do see that volatility in Japan, as extreme as it was, being primarily technically driven. It does reflect some crowding of various investor types into pockets of the equity market and levered strategies, as we see come through with high frequency trading, as well as carry trades that were exacerbated by dollar yen positions being unwound very quickly.But with the market resetting, and as we look into the rest of 2024 and 2025, we see the two key engines of nominal GDP reflation in Japan and corporate reform still firing. As you lay out, the BOJ is trying to find its way back towards neutral; it's not trying to end the cycle. And corporate governance is driving better capital allocation from the corporate sector.As a result, we see almost 10 percent earnings growth this year and next year, and the market stands cheap versus its historical valuation ranges.So, as we look ahead, we think into 2025, we should see the Japanese equity benchmark, the TOPIX index, setting fresh all-time highs. As a result, we continue to prefer Japan equities versus emerging markets. And we recommend that US dollar-based investors leave their foreign exchange exposure unhedged, which will position them to benefit from further strengthening in the Japanese yen.Chetan Ahya: So, which parts of the market look most attractive following the BOJ's rate hike and market disruptions to you?Daniel Blake: Yes, we do prefer domestic exposures relative to exporters. They'll be better protected from any further strengthening in the Japanese yen, and we also see a broad-based corporate governance reform agenda supporting shareholder returns coming out of these domestic sectors. They'll benefit from that stronger, price and wage outlook with an improved margin outlook.And we also see that capex beneficiaries with a corporate reform angle are likely to do well in this overall agenda of pursuing greater economic security and digitalization. So that includes key sectors like defense, real estate, and construction.And Chetan, what would you say are the key risks to your view?Chetan Ahya: We think the key risk would be if the US faces a deeper slowdown or an outright recession. While Japan is better placed today than in the past cycles, it would nonetheless be a setback for Japan's economy. In this scenario, Japan's export growth would face downward pressures given weakening external demand.The Japanese corporate sector has also around 17 percent of its revenue coming from North America. Besides a deeper Fed rate cut cycle, will mean that the policy rate differentials between the US and Japan will narrow significantly. This will pose further appreciation pressures on the yen, which will weigh on inflation, corporate profits, and the growth outlook.And from your perspective, Daniel, what should investors watch closely?Daniel Blake: We would agree that the first order risk for Japan equities is if the US slips into a hard landing, and we do see that the dollar yen in that outlook is likely to fall even further. Now we shouldn't see any FX (foreign exchange) driven downgrades until we start bringing the yen down below 140, but we would also see the operating environment turning negative for Japan in that outlook.So, putting that aside, given our house view of the soft landing in the US economy, we think the second thing investors should watch is certainly the LDP leadership election contest, and the reform agenda of the incoming cabinet.Prime Minister Kishida san's tenure has been focused on economic security and has fostered further corporate governance reform alongside the Japan Stock Exchange. And this emphasis on getting household savings into investment has been another key pillar of the new capitalism strategy. So, these focus areas have been very positive for Japan equities, and we should trust -- but verify -- the commitment of a new leadership team to these policy initiatives.Chetan Ahya: Daniel, it was great to hear your perspective. This is an evolving story. We'll keep our eye on it. Thanks for taking the time to talk.Daniel Blake: Great speaking with you, Chetan.Chetan Ahya: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or a colleague today.
From 2013 to 2023, 11 年, Blue Is the Warmest Color in 2013,Winter Sleep in 2014,Youth in 2015, I, Daniel Blake in 2016,La La Land in 2017, Burning in 2018, A Sun in 2019, Druk in 2020, Wheel of Fortune and Fantasy in 2021, After Sun in 2022, and Past Lives in 2023.
Nathan Daniel Blake is back this week and we are jumping into a new discussion that we started a few weeks ago. Join us as we look into Andrew's blog on the phrase "swords to plowshares" and what this means in relation to how we view the Scriptures, the Messiah, and our role in relation to both.For the Blog mentioned in this week's episode: https://www.ministrymisfits.com/post/swords-or-plowsFor Patreon: www.patreon.com/ministrymisfitsFor misfits merch: https://www.ministrymisfits.com/category/all-productsSend us a Text Message.Support the Show.Follow us on Twitter: www.twitter.com/ministrymisfitFollow us on Instagram: www.instagram.com/ministrymisfitFollow us on Facebook: www.facebook.com/ministrymisfitBecome a Patron: www.patreon.com/ministrymisfitsGet Some Misfits Merch: www.ministrymisfits.com/shopGet some TIQVAH Gear: www.ministrymisfits.com/tiqvahfundraiser
Nathan Daniel Blake is back this week and we are jumping into a new discussion that we started a few weeks ago. Join us as we look into Andrew's blog on the phrase "swords to plowshares" and what this means in relation to how we view the Scriptures, the Messiah, and our role in relation to both.For the Blog mentioned in this week's episode: https://www.ministrymisfits.com/post/swords-or-plowsFor Patreon: www.patreon.com/ministrymisfitsFor misfits merch: https://www.ministrymisfits.com/category/all-productsSend us a Text Message.Support the Show.Follow us on Twitter: www.twitter.com/ministrymisfitFollow us on Instagram: www.instagram.com/ministrymisfitFollow us on Facebook: www.facebook.com/ministrymisfitBecome a Patron: www.patreon.com/ministrymisfitsGet Some Misfits Merch: www.ministrymisfits.com/shopGet some TIQVAH Gear: www.ministrymisfits.com/tiqvahfundraiser
This week, I'm thrilled to chat with Los Angeles-based producer, Billy Lefler. Billy has secured countless sync placements for his artists and collaborated with major publishers like Warner Chapel, Secret Road, and Position Music. We'll dive deep into the life of a highly successful producer and have a bit of fun along the way. In this episode, Billy and I reminisce about the iconic Death Star studio where we've both spent many nights recording. We explore what it's like to be immersed in LA's vibrant music scene and how it fuels creativity and opportunities. Billy shares invaluable insights on collaborating online versus in-person and the magic that happens when artists and producers can vibe off each other in the same room. We also discuss his approach to making music that resonates authentically, aiming for sync success without compromising artistic integrity. Tune in to learn from Billy's experiences and get inspired by his journey in the music licensing world. Guest Bio: Billy Lefler's journey through the music industry is marked by the accolades he's received and the platinum success of his projects. At the heart of his career lies a dedication to storytelling through sound, facilitated by his diverse roles predominantly as a producer, alongside being a songwriter and multi-instrumentalist. From the indie pop charm of Ingrid Michaelson to the rock anthems crafted for Dashboard Confessional and the dynamic beats for Gym Class Heroes, Billy's adaptability shines through. Working with artists like Avril Lavigne, Patrick Stump of Fall Out Boy, and America's Got Talent standout Mandy Harvey, he has showcased his capacity to excel across various musical landscapes. Billy's contributions have not only garnered industry accolades but have also made a lasting impact on the music scene. His production work on Ingrid Michaelson's hit "Be Ok" is a prime example of his talent for creating catchy, emotionally resonant tracks that connect with audiences far and wide. Moreover, his production efforts helped propel Laura Jansen's album Bells to platinum status in The Netherlands, solidifying his role as a pivotal figure in music production on an international scale. Beyond his collaborations with individual artists, Billy's skills and vision have been recognized and sought after by leading record labels and publishers, such as Warner Chappell, Secret Road, and Position Music. Billy Lefler's knack for sync licensing underscores his unparalleled ability to weave music into the fabric of popular culture. His success in securing placements for the artists he works with in TV shows, advertisements, and movie trailers include: Ad spots for McDonald's and Evian Water, episodes from "The Blacklist," "Grey's Anatomy," and "The Vampire Diaries," “Pretty Little Lies,” “So You Think You Can Dance,” “One Tree Hill,” “Switched At Birth,” “Smallville,” various movie trailer campaigns, and a significant highlight was the placement of Daniel Blake's cover of Dido's "Here With Me" in the season finale of the CBS show "Roswell." About the Hosts: We're Sonnet Simmons and John Clinebell, 2 indie artists who have found success and creative fulfillment through licensing our music for ads, TV shows and films. We were once so disheartened and discouraged that our music wasn't being noticed or valued through traditional methods. So we both started on a journey to find another way. For us, that “third door” was sync! And what we discovered is a lot better than we could have ever even imagined…[Find out more here] Resources From This Episode: 2Indie - Visit our website for more resources and information on how to get YOUR music signed Sync Society - Want to join our exclusive online sync community, with weekly LIVE networking and coaching calls? @2indieofficial - Follow us on Instagram Sync It! Music Licensing Community - Follow us on Facebook Billy's Website - Learn more about our guest and their work
There are a lot of passages throughout Scripture that are misunderstood or misused. This week, Nathan Daniel Blake joined me to discuss a few of those passages related to the acceptance of our call to ministry. What's going on in Luke 4:24, Matthew 10:14, & Acts 16? What's the deal with dust, the Holy Spirit, & Hometown Prophets?Learn more about Nathan Daniel Blake: https://www.storyofndblake.com/ Check out the new website at www.ministrymisfits.com To become a Patron for Ministry Misfits visit www.patreon.com/ministrymisfitshttps://www.ministrymisfits.com/category/all-productsSupport the Show.Follow us on Twitter: www.twitter.com/ministrymisfitFollow us on Instagram: www.instagram.com/ministrymisfitFollow us on Facebook: www.facebook.com/ministrymisfitBecome a Patron: www.patreon.com/ministrymisfitsGet Some Misfits Merch: www.ministrymisfits.com/shopGet some TIQVAH Gear: www.ministrymisfits.com/tiqvahfundraiser
Japan and India are currently set to lead growth in these markets, but a higher-for-longer rate environment in the U.S. could favor China, Hong Kong and others, according to our analyst.----- Transcript -----Daniel Blake: Welcome to Thoughts on the Market. I'm Daniel Blake from Morgan Stanley's Asia & Emerging Market Equity Strategy Team. Along with my colleagues bringing you a variety of perspectives, today I'll discuss whether U.S. macro resilience is too much of a good thing when it comes to its impact on Asia's equity markets.It's Friday 19th of April at 10am in Singapore.Our U.S. economics team has substantially lifted its forecast for 2024 and 2025 GDP growth following strong migration boosted activity and employment trends. Recent inflation readings have been bumpy, but our team still sees it moderating over the summer as core services and housing prices cool off. While the market has been focused on this silver lining of stronger global growth, the clouds are rolling in from expectations of a shallower and later easing of global monetary policy.Our team now believes that the first Fed rate cut won't come until July but does see two additional cuts coming in November and December. We've made similar adjustments in our outlook for Asia-ex-China's monetary policy easing cycle, seeing it coming later and shallower. Meanwhile, in Japan, our economists now expect two further hikes from the Bank of Japan -- in July this year, and again in January next year -- taking policy rates up to 0.5 per cent.But how does all this leave the Asia and EM equity outlook? In a word, mixed.We see this driving more divergence within Asia and EM, depending on how exposed each market is to stronger global growth, a stronger U.S. dollar or impacted by higher interest rates. On the positive side, Taiwan, Japan, Mexico, and South Korea have the most direct North American revenue exposure. And for Japan, the strong US dollar is also positive through the translation of foreign revenues back at this historically weak yen. However, in the short run, we do need to be mindful of any price momentum reversal as April is normally seasonally weak, and we do see dollar-yen approaching 155. So, any FX (foreign exchange) intervention could sharpen a price momentum reversal.Next up, we're paying close attention to India's equity market, where we have a secularly bullish view. India has remained resilient to date, consistent with our thesis that macro stability has become a key driver of the bull market. And this is in sharp contrast to prior cycles. For example, during the Taper tantrum of 2013, where India saw a sudden and sharp bear market as Fed expectations shifted.On the negative side then, we are seeing a breakdown in correlations of some markets with these higher Fed funds expectations, including in Indonesia and Brazil where policy space is being constrained, and in Australia where valuations were pushed up on hopes of an RBA easing cycle that won't come until next year in our view.So, this is indeed a mixed picture for Asia and EM, but we retain our core views that market leadership will continue coming from Japan and India through 2024. And so, what's the risk from here? The larger risk to Asia and EM markets, we think, comes from an even more inflationary and hawkish scenario where the Fed is forced to recommence rate hikes, ultimately bearing the risk of driving a hard landing to bring inflation back to target.In this scenario, we could see a pivot in leadership away from markets with high US revenue exposure, such as Taiwan and Japan, towards more domestically oriented and resilient late cycle markets, such as an emerging ASEAN partner, and potentially China and Hong Kong -- if additional stimulus is forthcoming there.Thanks for listening. If you enjoyed the show, please leave us a review wherever you listen to podcasts and share Thoughts on the Market with a friend or colleague today.
Many investors believe that the value of Japanese stocks will dip as the yen gets stronger. Here's why we're forecasting ~10% growth.----- Transcript -----Welcome to Thoughts on the Market. I'm Daniel Blake from Morgan Stanley's Asia and Emerging Market Equity Strategy team. Along with my colleagues, bringing you a variety of perspectives, today I'll discuss one of the big debates in the market around Japanese equities in 2024. It's Thursday, January 4th at 10 a.m. in Singapore.. As we kick off the new year, one of the most debated investor questions is whether Japanese equities can again perform well if the Yen is now over weakening, but instead strengthens over 2024 as expectations of Fed rate cuts play out. The market is understandably concerned that if the Yen appreciates significantly, Japanese equities will underperform, given the impact on competitiveness and the effects translation of foreign earnings. As a result, global investors remain underweight on Japanese equities versus their benchmark weight, despite the notably improved sentiment on the underlying Japanese economy. So in contrast to these concerns, we believe that Japanese equities and the Yen can simultaneously rally in 2024, which will mean even stronger returns for unhedged dollar based investors than for the local index. Our currency strategists forecast modest further gains in the Yen, with a pick up to 140 against the US dollar by end 2024 versus 143 today. And despite this, we see corporate earnings growth still achieving 9% in 2024, underpinned by nominal GDP recovery and corporate reforms. So what is the reason for the break in the usually negative relationship between the yen and Japanese equities? We still see three drivers supporting the market. First, there's the return of nominal GDP growth. The Japanese economy is finally exiting deflation that has been prevalent since the 1990s, and we believe a virtuous cycle of higher nominal growth in Japan has started thanks to joint efforts from the Bank of Japan and the corporate sector to move to a positive feedback loop between price hikes and wage growth, underpinned by a productive CapEx cycle. Our chief Japan economist, Takeshi Yamaguchi, forecasts nominal GDP growth for 2023 to have achieved 5%, but to remain above 3% growth in 2024, and a healthy 2 to 2.5 % for the foreseeable future. The second driver is corporate reforms, which have been the most crucial driver of underlying Japanese equities performance, and we expect the trend improvement of return on equity to continue. The sea change in corporate governance in Japan has led to major changes in buyback and dividend policies, which combined are almost quadruple the levels they were at ten years ago. And we're seeing a broadening trend of underlying business restructuring underpinned by more engagement from investors, both foreign and domestic. Finally, Japan has been a net beneficiary of investment inflows and CapEx orders in the transition to a more multipolar world. And with those flows, while equity valuations are cheap to history, in contrast to the US market, we expect them to be supported by further foreign inflows and domestic inflows that will be boosted by the launch of the new Nippon Individual Savings Account Program this month. Bottom line Japan equities remain our top pick globally. We see the TOPIX index moving further into a secular bull market with our December 2024 target for the index standing at 2,600, which implies 10% upside in Yen terms and more in US dollar terms from current levels. Thanks for listening. And if you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.
With China at risk of falling into a debt deflation loop, lessons from Japan's deflation journey could provide some insight.----- Transcript -----Daniel Blake: Welcome to Thoughts on the Market. I'm Daniel Blake from the Morgan Stanley Asia and Emerging Market Equity Strategy Team. Laura Wang: And I'm Laura Wang, Chief China Equity Strategist. Daniel Blake: And on this special episode of the podcast, we'll discuss what lessons Japan's deflation journey can offer for China. It's Thursday, October 26th at 10 a.m. in Singapore and Hong Kong. Daniel Blake: So in the period from 1991 to 2001, known as Japan's lost decade, Japan suffered through a prolonged economic stagnation and price deflation. While the corporate sector stopped deleveraging in the early 2000's. It wasn't until the Abenomics program, introduced under Prime Minister Shinzo Abe in 2013, that Japan emerged from deflation and started the process of a gradual recovery in corporate profitability. China's economic trajectory has been very different from Japan's over the last 30 years, but we now see some parallels emerging. Indeed, the risk of falling into a Japanese style stagnation is becoming more acute over the past year as a deep cyclical downturn in the property sector combines with the structural challenge that our economists call the 3D journey of debt, demographics and deflation. So, Laura, before we dig into the comparison between China and Japan's respective journeys to set the stage, can you give us a quick snapshot of where China's equity market is right now and what you expect for the rest of the year? Laura Wang: Sure, Daniel. China market has been through a quite volatile ten months so far this year with a very exciting start given the post COVID reopening. However, the strong macro momentum didn't sustain. Property sales is still falling somewhere between 30 to 50% each month on a year over year basis. And challenges from local government debt issue and early signs of deflationary pressure suggest that turn around for corporate earnings growth could still take longer to happen. We had downgraded China within the global emerging market context at the beginning of August, mainly out of these concerns, and we think more patience is needed at this point. We would like to see more meaningful easing measures to stimulate the demand and help reflate the economy, as well as clear a road map to address some of the structural issues, particularly around the local government debt problem. In contrast to China, Japan's equity market is very strong right now, and Morgan Stanley's outlook continues to be bullish from here. So, Daniel, why is it valuable to compare Japan's deflationary journey since the 1990s and China's recent challenges? What are some of the bigger similarities? Daniel Blake: I think we'll come back to the 3D's. So on the first to them, on debt we do have China's aggregate total debt around 290% of GDP. So that compares with Japan, which was about 265% of GDP back in 1990. So this is similar in the sense that we do have this aggregate debt burden sitting and needs to be managed. Secondly, on demographics, we've got a long expected but now very evident downturn in the share of the labor force that is in working age and an outright decline in working age population in China. And this is going to be a factor for many years ahead. China's birth rate or total number of births is looking to come down to around 8 million this year, compared with 28 million in 1990. And then a third would be deflation. And so we are seeing this broaden out in China, particularly the aggregate GDP level. So in Japan's case, that deflation was mainly around asset price bubbles. In China's case, we're seeing this more broadly with excess capacity in a number of industrial sectors, including new economy sectors. And then this one 4th D which is similar in both Japan's case and China now, and that's the globalization or de-risking of supply chains, as you prefer. When we're looking at this in Japan's case, Japan did face a more hostile trade environment in the late 1980s, particularly with protectionism coming through from the US. And we've seen that play out in the multipolar world for China. So a number of similarities which we can group under 4D's here. Laura Wang: And what are some of the key differences between Japan/China? Daniel Blake: So the first key difference is we think the asset price bubble was more extreme in Japan. Secondly, in China, most of the debt is held by local governments and state owned enterprises rather than the private corporate sector. And thirdly, China is at a lower stage of development than Japan in terms of per capita incomes and the potential for underlying growth. So, Laura, when you're looking ahead, what would you like to see from Chinese policymakers here, both in the near term as well as the longer term? Laura Wang: As far as what we can observe, Chinese policymakers has already started to roll out a suite of measures on the fronts of capital markets, monetary and fiscal policy side over the past 12 months. And we do expect more to come. Particularly on the capital market reform side, there are additional efforts that we think policymakers can help enforce. In our view, those actions could include capital market restructuring, funds flow and liquidity support, as well as further efforts encouraging enhancement of shareholder returns. To be more specific, for example, introducing more benchmark indices with a focus on corporate governance and shareholder returns, further tightening and enforcing the listing rules for public companies, m ore incentives for long term institutional participation, improving capital flow management for foreign investors, and implementing incentives to encourage dividend payouts and share buybacks. Those could all work quite well. Regulatory and even legislative support to help implement these measures would be extremely crucial. Daniel Blake: And what is your outlook for China's medium to long term return on equity path from here? And what are the key catalysts you're watching for that? Laura Wang: Given some of the structure challenges we discussed earlier, we do see a much wider forked path for China's long term growth ROE trajectory. We see MSCI China's long term ROE stabilizing at around 11% in the next 5 to 7 years in our base case. This means there should still be up to around two percentage point of recovery upside from the current levels, thanks to a combination of corporate self-help, the product cycle, policy support from the top and the low base effect. However, further upside above 11% will require a significant reflationary effort from the policymakers, both short term cyclical and long term structural, in combination with a more favorable geopolitical environment. Therefore, we believe prompt and forceful actions from policymakers to stabilize the economy to avoid more permanent negative impact on corporate and consumer behaviors are absolutely needed at this point. Now, let me turn this back to you, Daniel. What is your outlook for Japan's return on equity journey from here, and are there any risks to your bullish view? Daniel Blake: So we have seen Japan looking back from 2013 to now move from below book value in terms of aggregate valuations and a return on equity of just 4%, so much lower than even your bear case. So it's moved up from that level to 9% currently and we're seeing valuations moving up accordingly. We think that's further to go and we think Japan can actually reach 12% sustainable return on equity by 2025 and that's helped by return of nominal GDP growth in Japan and further implementation of governance improvements at the corporate level. So in terms of the risks, I think they are primarily external. We do see Japan's domestic economy in a pretty good place. We think BOJ can exit yield curve control and negative rates without a major shock. So externally we are watching China's risks of moving into a debt deflation loop, as we're discussing here, but also the potential impacts if the US or a global recession were to play out. So clearly we're watching very closely the Fed's efforts and global central bank efforts to achieve a soft landing here. Daniel Blake: So, Laura, thanks for taking the time to talk. Laura Wang: Sure. It's been great speaking with you, Daniel. Daniel Blake: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review on Apple Podcasts and share the podcast with a friend or colleague today.
The shooting starts on The Old Oak and Sharuna Sagar is there to witness Ken Loach's unique style of directing. Throughout his career from Kes to The Wind That Shakes The Barley to I, Daniel Blake, the 87-year-old film-maker does not like to tell the cast what is going to happen in the next scene. He explains his reasons, while star Dave Turner reveals what it is like to be surprised every day on set.
While recent news of a potential debt deflation loop in China's equity market is causing concern for investors, Japan's equity market resilience may bring optimism.----- Transcript -----Welcome to Thoughts on the Market. I'm Daniel Blake from Morgan Stanley's Asia and Emerging Markets Equity Strategy team. Along with my colleagues, bringing you a variety of perspectives, today I'll discuss the Japanese equity market vis-a-vis China. It's Thursday, August 31st at 9 a.m. in Singapore. We recently did a three part series on this show focusing on our economic and market outlook for Japan. We discussed a bullish view on Japan equities, which is driven by three powerful drivers of outperformance coming together, namely macro, micro and the transition to a multipolar world. Recently, however, there's been investor concern about the potential impact on Japan from a Chinese debt-deflation loop, that is a scenario where prices fall, debt rises and economic growth stagnates, and this is the risk that I will discuss today. As a reminder, our economists came into 2023 flagging Japan as a standout developed market for growth momentum. In contrast to a U.S and European slowdown, as Japan continues to benefit from COVID reopening, ongoing stimulatory policy and a competitive currency. Since then, we have seen upside surprises, such as in wages and capital investments amid what we see as confirmation of a move into a structurally higher nominal GDP growth path. Indeed, Japan's recent second quarter GDP figures confirmed that trend, with a surge in real and nominal GDP to 6% and 12% annualized respectively. Following this result, our economists have doubled their 2023 GDP forecast to 2.2%, and this stands in contrast to China's GDP growth trend, where our economists have been reducing forecasts and will see nominal GDP growth slow below that of Japan to 4.8% over the last year. So the key exception to a generally bullish picture for Japan has been its linkages to China. While this may appear to be a legitimate investor concern for the market as a whole, it's important to note that Japanese revenues are driven much more by the U.S and Europe, which together make up a quarter of total sales. Instead, China makes up just 5% less than many assume, and far lower than that of Singapore, Taiwan, Australia or South Korea. However, there are some pockets of China exposure that we note, including in semis and semi-cap equipment, electronic components and factory automation. Another reason for our optimism about Japan's equity market resilience amid the slowdown in China is that China exposed Stocks in Japan have almost fully unwound the outperformance seen during the early COVID zero and post-COVID reopening phases. In contrast, Asia-Pacific ex-Japan companies with high exposures to China, many of them in the technology or resources sector, stand close to their relative highs. So while we do see from here less upside to the aggregate MSCI Emerging Markets Index and the Tokyo Stock Price Index, known as TOPIX, after the post October rally, we do see good reason for Japanese equities to continue to outperform. Valuations on a 12 month forward basis are in line or slightly below their ten year historical averages, and we expect 10% earnings growth in 2023 and 2024 as that nominal GDP growth recovery and corporate reform rolls through the market. The key downside risk will, of course, be not just the Chinese debt deflation loop, but adding on top a US recession, which ironically would be similar to what happened in the 1990s, when in Japan, imbalances, excess leverage and insufficient policy stimulus tipped the economy into structural deflation and stagnation. So while that risk is more relevant for China and Japan is in a completely different situation now, we are closely monitoring the risks of this bear case scenario and what that would mean for parts of the Asia and emerging markets universe. So thanks for listening. If you enjoy the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or colleague today.
With positive GDP growth and increasing revenues, Japan equities are becoming a preferred market globally. ----- Transcript -----Chetan Ahya: Welcome to Thoughts on the Market. I'm Chetan Ahya, Morgan Stanley's Chief Asia Economist. Daniel Blake: And I'm Daniel Blake, Asia and Emerging Markets Equity Strategist. Chetan Ahya: Over the last two days in this special three part series on Japan, we discussed a constructive outlook for Japan's economy and the various structural reforms it's undergoing. Today in this final episode focused on Japan, we'll talk about the key investment implications of these macro trends. It's Friday, July 21st at 9 a.m. in Hong Kong and Singapore. Chetan Ahya: Dan, you've been highlighting Japanese equities as our most preferred asset within the region and globally. Your bullish view is based on three powerful drivers of outperformance coming together, namely macro, micro and multipolar world. Starting with the macro, our economists expect an uplift in nominal GDP growth trend, how does this benefit Japanese equities? Daniel Blake: So we see this being another era for the Japanese market, having first exited deflation in 2013 with the initial Abenomics program, but now moving into positive nominal GDP growth from 2023 onwards. It's hugely important for companies who have been hemmed in with an inability to lift prices and hence they have been unable or unwilling to lift base wages or dividend levels. So this new pricing flexibility in top line growth supports the equity market in five key ways. First, we're going to see faster revenue growth. Second, we think this will mean wider operating profit margins given fixed cost leverage will now be working in favor of the bottom line. Third, financial sector earnings have been repressed by ongoing Bank of Japan policy, but a gradual process of normalization should help release the earnings power of Japanese financials. Fourth, domestic portfolios are highly risk averse and focused on cash and deposits. We think there will be some ongoing shift towards higher return assets, including equities. And finally, we think valuations for the equity market can continue to trend higher on convergence with global norms. Chetan Ahya: And on micro front, we've been discussing about the improvement in corporate governance for almost a decade now. What's changed this year? Daniel Blake: Yes, the environment has been changing for the better part of a decade, really since the introduction of the corporate governance and stewardship codes back in 2015 and 16. We are seeing progressive improvement with record levels of investor activism and engagement, and we're seeing signs that management teams are taking up the challenge of improving profitability with record buybacks and record levels of dividend payout ratios. That said, the progress has been patchy at times and coming into this year, 50% of equity market constituents were still trading below book value. So what's changed this year is in this backdrop of improving corporate governance we've had new calls from the Tokyo Stock Exchange for companies trading below book value to explore ways to meet their cost of capital and lift valuations. We think that additional support that will come through as companies look to engage with investors and unlock value will help to boost Japan's sustainable return on equity to 11 to 12%, that compares with Japan's 15 year average of just 4% before the Abenomics program took hold. And it would bring it up more consistent with global averages. Chetan Ahya: Dan, one of the big themes Morgan Stanley research is exploring deeply this year is the transition from a globalized or multipolar world. How does this emergence of multipolar world impact Japan and its equity markets in particular? Daniel Blake: Thanks, Chetan. And as we're thinking about a multipolar world transition, we think there are two scenarios for global supply chains and interdependencies. One is a de-risking process, which is our base case, where supply chains are strengthened, diversified, and we see ongoing policy support for investment into emerging industries. The second scenario, which we hope to avoid, is one of decoupling. But if we focus on the de-risking scenario, we think Japanese companies will benefit from that trend for two reasons. One, we have a high allocation in the Japanese market of companies skewed towards industrial automation, semiconductor manufacturing equipment, precision instruments, specialty chemicals, all of the inputs for supply chain diversification that are crucially in demand in this de-risking process. And the second reason is investor portfolios are also being diversified, and Japan's deep capital markets have been in a good position to absorb this shift. Chetan Ahya: So taking it together, where does this leave your view on Japan equities and what are the risks to your call? Daniel Blake: So overall, we see Japanese equities as our most preferred market globally with another 7% upside to our base case for the TOPIX index. As a result of the three drivers we'll discuss today, we're above consensus on earnings forecasts, seeing 10% growth in 2023 and 2024. Investors are still underweight on Japanese equities and we expect ongoing inflows over the coming quarters. The most acute risk to the call is if we end up in a global recession or if in Japan, core inflation overshoots 2% sustainably, forcing a tightening cycle in Japanese yen appreciation. We think the underlying environment will manage to mitigate these risks more than they have in the past, but that remains a cyclical risk for the Japanese equity outlook. Chetan Ahya: Dan, thank you for taking the time to talk. Daniel Blake: Great speaking with Chetan. Chetan Ahya: And thanks for listening to our special three part series on Japan. If you enjoyed the show, please leave us a review on Apple Podcasts and share Thoughts on the Market with a friend or a colleague today.
As Japan anticipates shifts in structural policy and GDP growth, these are the industries within the market that are poised to benefit. Chief Asia Economist Chetan Ahya, Chief Japan Economist Takeshi Yamaguchi, and Japan Senior Advisor Robert Feldman discuss.----- Transcript -----Chetan Ahya: Welcome to Thoughts on the Market. I'm Chetan Ahya, Morgan Stanley's Chief Asia Economist. Takeshi Yamaguchi: I'm Takeshi Yamaguchi, Chief Japan Economist. Robert Feldman: And I'm Robert Feldman, Japan Senior Advisor. Chetan Ahya: Yesterday I discussed broad economic contours of Morgan Stanley's constructive view on Japan. Today, in the second installment of our special three part episode on Japan, we will dig deeper into the implications of the shift in Japan's nominal GDP path, the outlook for BOJ policy, as well as the outlook for structural reforms. It's Thursday, July 20th at 9 a.m. in Hong Kong. Robert Feldman: And 10 a.m. in Tokyo. Chetan Ahya: Yamaguchi-San, let's start here. The change in inflation dynamics that I covered on yesterday's episode could mean a momentous shift in Japan's nominal GDP path. Maybe you could start here with you walking us through some of the key implications of this shift. Takeshi Yamaguchi: Yes, Japan's nominal GDP has been in a flat range for many years, since 1990's after the collapse of the asset bubble. But now it's finally getting out of the range, and we expect this trend of positive nominal GDP growth to continue over the medium term. I think there are mainly three implications from economists' viewpoints. First, we expect compensation of employees, that's the amount taken by workers, and corporate earnings to grow at the same time. Before it was like a zero sum game with almost no nominal GDP growth, but now we expect a bigger economic pie which should benefit both workers and companies. Japan's wage trend is already improving after strong spring wage negotiations this year. Second, we think that the revival of positive nominal GDP growth will improve Japan's fiscal sustainability. We are already seeing a big increase in tax revenue with strong nominal GDP growth. Meanwhile, we expect the average interest costs or interest burden to increase only gradually due to monetary policy and also because average maturity of Japanese government bonds exceeds nine years. And finally, we think the outlook of higher nominal GDP growth strength should have some positive impact on asset prices, including equity prices. This is not the only reason behind the recent equity market moves, but the likely shift in the nominal GDP growth trend is playing some role here in our view. Chetan Ahya: Another question I want to ask is around the Bank of Japan's yield curve control program. You're expecting the BOJ to adjust its policy around yield curve control program at the upcoming policy in end July, which would be the second shift in monetary policy stance last December. Do you see further shifts in monetary policy and would it disrupt the virtuous cycle we are forecasting? Takeshi Yamaguchi: At that July monetary policy meeting we don't expect the BOJ to get rid of YCC, the yield curve control framework, but we expect the BOJ to change the conduct of YCC by allowing more fluctuations of ten year JGB yields, potentially to plus/minus 1%, around 0%. And that said, we think the BOJ governor Ueda directly emphasized that the 2% inflation target is still not achieved in a sustainable manner. So we expect the BOJ to maintain the current short term policy rate of -0.1% after the YCC adjustment. In the third quarter next year we expect the BOJ to exit negative interest rate policy after observing another round of solid spring wage negotiations. But even so, Japan's real interest rates would remain extremely low for some time. So we think the virtuous cycle we've been highlighting will likely remain intact. Chetan Ahya: Thank you, Yamaguchi-San. Robbie, let me turn it over to you. Japan has been feeling increasing pressure from demographics and other factors at home and geopolitics abroad. And so in response it's developing a new grand strategy and undergoing a number of structural reforms. You believe these reforms could lead to higher growth, walk us through why you feel so positive. Robert Feldman: Thanks, Chetan. Structural reforms are being triggered by both market forces and policy. The market forces are technology change, labor shortage, geopolitical pressures, higher interest rates, pricing power from the end of deflation and supply chain derisking. The policy forces are corporate governance changes, immigration law changes, startup policies, monetary policy and climate and sustainability policy. There are lots of market forces and lots of policy forces behind these changes. Chetan Ahya: In what industries do you expect to see the biggest changes? Robert Feldman: There are five industries where I think there will be major changes. And other industries, of course, will have them as well, but these five industries could even be subject to disruption. These are energy, agriculture, AI and I.T., health care and education. Let me say a couple words about each. In energy Japan has been a little bit behind some other countries in introducing renewables, but it's catching up. A particularly promising is offshore wind, and especially offshore floating wind. There still has to be some cost reductions, but there's a lot of interest and Japan has huge resources in this area. In agriculture Japan is 60% dependent on foreign countries for total calorie intake. Moreover, about 10% of the agricultural land in the country is lying unused. That's because of land law issues, etc. and vested interests, but there's huge opportunity there. AI and IT, this is where probably progress has been the fastest because of the labor shortage. Japan views AI and IT as a savior because this labor shortage is just so intense. Health care, Japan is an old country and it's getting older, health care costs are going up and so it's imperative that living standards be maintained in the health care area through lower costs and better effectiveness. Japan has a good healthcare system, but it's under a lot of monetary pressure and that's why the technology changes are so important. And finally, education. If technology is going to spread, we need workers who are educated in the new technology. And that's where reskilling and recurrent education, lifelong education will become so, so important. This will be primarily a private sector initiative because government is focused on standard, primary, secondary education. So there's a lot of opportunity in the education business. There are 72 listed companies in education in Japan. Chetan Ahya: And how much progress has been made so far on these structural reforms? And what does the timeline look from here? Robert Feldman: Progress has been fastest in AI and IT, because the labor shortage is so intense. AI is viewed as a savior here in Japan rather than with the trepidation in some other countries, due to this labor shortage. We've also seen good progress in energy in a number of fields hydrogen, solar, carbon capture, wind and ammonia. Health care has seen much progress within hospitals where IT platforms are quite advanced at administrative functions. Agriculture has been slower, but there are amazing advances in vertical farming. On the timeline these changes are happening now and likely to see significant momentum in the next 2 to 3 years. There is no time to waste and I'm expecting very rapid progress, particularly in AI/IT, energy and health care. Chetan Ahya: Yamaguchi-San, Robbie, thank you both for taking the time to talk. Takeshi Yamaguchi: Great speaking with you, Chetan. Robert Feldman: Thanks for having us. Chetan Ahya: And thanks for listening. Tomorrow, I will return for part three of the special segments on Japan. My guest will be Daniel Blake, our Asia equity strategist. We will discuss the market implications of our constructive Japan macro outlook and what investors should pay attention to. If you Enjoy Thoughts on the Market, please leave us a review on Apple Podcasts and share the podcast with a friend or colleague today.
The Old Oak will be Ken Loach's last feature film and Sharuna Sagar was granted exclusive access behind the scenes of this landmark movie. She joins the 86 year old director on his swansong as he brings together his loyal team for one last time. As with his previous two films, I, Daniel Blake and Sorry We Missed You, Ken returns to the North East of England, to tell the story of Syrian refugees who have been housed in an ex-mining village. With him are his long-standing partners, producer Rebecca O'Brien and writer Paul Laverty, and they reveal the secrets of Loach's success.
This is Garrison Hardie with your CrossPolitic Daily News Brief for Wednesday, May 17th, 2023. Concordis Education Partners: Classical Christian education has reminded us to aim education at truth, but the trivium has been used as a formula rather than a way of training students in discernment. To teach well, you must coach. Concordis Foundation is offering their third annual BOOT CAMP – a faculty summit – July 11-13th in Moscow, Idaho. This is a three-day intensive teaching training where you learn to coach students, using the trivium, so that you can meet students at all learning levels. Learn more at concordispartners.com https://www.dailywire.com/news/tsa-rolls-out-facial-recognition-technology-test-at-several-major-airports TSA Rolls Out Facial Recognition Technology Test At Several Major Airports The Transportation Security Administration is testing the use of facial recognition technology at airports across the nation, a move that the federal agency claims will help employees more easily identify travelers. Passengers may soon find themselves in a security screening line where they are asked to place their identification into a slot and look into a camera, after which a small screen will take their picture and flash the words “photo complete,” permitting the traveler to continue through the security process without handing their identification to an employee. The technology is currently in use at 16 airports throughout the country, such as those in Atlanta, Boston, Dallas, Detroit, Los Angeles, Miami, Orlando, Phoenix, and Salt Lake City, according to a report from the Associated Press. Passengers are allowed to opt out of the pilot program conducted by the TSA, which is a branch of the Department of Homeland Security. TSA employees in the security lines with the technology, which examines whether the identification is real and whether the identification belongs to the traveler, will nevertheless be present to ensure that the system reaches correct conclusions. The test of the technology comes despite a February letter from five members of the Senate, including Sen. Bernie Sanders (I-VT) and Sen. Jeff Merkley (D-OR), who expressed concern over reports that the system could be implemented across the United States as soon as this year if deemed successful. The lawmakers contended that facial recognition technology “represents a risk to civil liberties and privacy rights.” Federal entities already leverage facial recognition technology in various capacities despite the privacy and security concerns: a report published last year by the Government Accountability Office found that 18 out of 24 agencies reported using facial recognition systems in fiscal year 2020, largely for computer access and law enforcement activities, while 14 out of 42 agencies that employ law enforcement officers reported using the technology in criminal investigations. Americans broadly support the “widespread use of facial recognition technology” by police officers who utilize the systems for law enforcement purposes, according to a survey from Pew Research Center, in which 27% of respondents said the policy was a “bad idea” and 46% said the policy was a “good idea.” Other state and local governments have indeed banned biometric recognition technology. Texas Attorney General Ken Paxton filed suit last year against Google and Meta for breaches of state laws which prohibit technology firms from using data such as iris scans, fingerprints, voiceprints, or records of hand and face geometry for commercial purposes without permission. https://www.theepochtimes.com/anheuser-busch-announces-changes-company-amid-bud-light-boycott_5266255.html?utm_source=partner&utm_campaign=BonginoReport Anheuser-Busch Makes Changes to Company Amid Bud Light Boycott Anheuser-Busch revealed that it is making attempts to change its marketing structure in the midst of a backlash after Bud Light produced a can featuring a transgender activist’s face for a social media promotion. While the firm did not make mention of the controversy and boycott, a spokesperson for the brewing giant told Fox2Now in St. Louis that it held a meeting in the city and that “we have communicated some next steps with our internal teams and wholesaler partners.” “First, we made it clear that the safety and welfare of our employees and our partners is our top priority,” the company spokesperson said before adding that a new executive was tapped to head a marketing division. “Todd Allen was appointed Vice President of Bud Light added the spokesperson. “Third, we made some adjustments to streamline the structure of our marketing function to reduce layers so that our most senior marketers are more closely connected to every aspect of our brands activities. These steps will help us maintain focus on the things we do best: brewing great beer for all consumers, while always making a positive impact in our communities and on our country.” For the past month and a half, Bud Light’s sales have taken a nosedive after transgender influencer Dylan Mulvaney posted a video with the namesake can on social media, writing “#budlightpartner” in the caption. That led many to believe the light beer was officially partnering with Mulvaney and would launch a campaign with the activist, who is a biological male. Anheuser-Busch executive Brendan Whitworth said in an April 14 news release that the beverage firm had had no intention of sparking division or wading into a political debate. However, Whitworth made no mention of Mulvaney or the backlash. Weeks later, Anheuser-Busch InBev CEO Michel Doukeris told investors in a call that there was no partnership with Mulvaney and that only “one can” was produced with Mulvaney’s face. In a subsequent Financial Times interview, Doukeris claimed that the slumping Bud Light sales were sparked by social media-driven “misinformation.” Continuing, the CEO said that people believed it was a campaign. “It was not: it was one post. It was not an advertisement,” he remarked, contradicting the #budlightpartner hashtag that Mulvaney had written. Sales of the product dropped 26 percent year-over-year in the week ending April 22, according to Bump Williams Consulting based on Nielsen IQ data. Meanwhile, sales of rival beers Coors Light and Miller Light both saw their sales rise by about 10 percent each, according to the data. In the midst of the backlash, two Bud Light executives—Alissa Heinerscheid and Daniel Blake—took a leave of absence, the company said. “Given the circumstances, Alissa has decided to take a leave of absence which we support. Daniel has also decided to take a leave of absence,” the company said last month. https://thepostmillennial.com/seattle-to-pay-out-2-3-million-to-whistleblowers-who-revealed-mayor-engaged-in-chaz-cover-up-by-deleting-texts?utm_campaign=64487 Seattle to pay out $2.3 MILLION to whistleblowers who revealed mayor engaged in CHAZ cover-up by deleting texts The city of Seattle will be forced to pay $2.3 million to settle a lawsuit brought by city employees who were mistreated after they helped reveal that thousands of then-Mayor Jenny Durkan’s text messages had been deleted during the violent riots that rocked the city and the deadly Capitol Hill Autonomous Zone in the summer of 2020. A whistleblower complaint by the employees helped to reveal that the texts of Durkan, former Police Chief Carmen Best, Fire Chief Harold Scoggins, and other top officials from the summer of 2020 were intentionally deleted. Though the King County Superior Court case was resolved last month, the terms of Seattle’s settlement with Stacy Irwin and Kimberly Ferreiro weren’t finalized until this week and the details were released to The Seattle Times through a public disclosure request on Friday. The $2.3 million payout is in addition to over $770,000, as of April, spent by the city on attorneys to defend the case, the outlet reported. According to the suit, Irwin and Ferreiro claimed that they resigned as public-records officers in Durkan’s office due to hostile conditions and retaliation. The pair claimed they were “subjected to scorn, ridicule, abuse, and hostility … and the demand to perform illegal acts.” The pair sounded the alarm in 2021 when they complained to the Seattle Ethics and Elections Commission that the mayor’s office was mishandling records requests. An investigation by the SEEC determined that the mayor’s legal counsel, Michelle Chen, had violated the state Public Records Act by using narrow interpretations of certain requests to exclude Durkan’s missing texts and diverged from best practices by not informing requesters the texts were missing. Under state law, texts and other communications about public businesses by local elected officials must be kept for at least two years and anyone who willfully destroys a public record that’s supposed to be preserved is guilty of a felony, punishable by up to five years in prison. The settlement agreement includes $25,000 in lost wages each to Irwin and Ferreiro, while the remainder of the $2.3 million is for general damages and attorneys’ fees. As part of the settlement, the plaintiffs are required to drop the case, destroy city documents in their possession, and never pursue jobs in the city again. Additionally, both parties are barred from talking publicly about the settlement amount. Irwin told the Times that records disappeared and yet, “There’s been no accountability. These officials basically got away with it and the taxpayers are paying.” Ferreiro said, “It’s still a loss for the citizens of Seattle,” because some questions about the actions of city officials “will never be answered.” In August 2022, then-King County Prosecutor Dan Satterberg requested that Sheriff Patti Cole-Tindall investigate the city officials’ deleted texts, but Cole-Tindall’s office has yet to announce the results. Durkan’s office previously claimed that an “unknown technology issue” caused the texts to go missing but a city-commissioned forensic report found that Durkan’s phone was changed in July 2020 to delete texts automatically after 30 days as well as texts stored in the cloud. Durkan also previously claimed that she dropped her phone in a tide pool on the July 4 weekend of that year. A subsequent forensic report commissioned by business owners and residents suing the city over the deadly autonomous zone revealed that Durkan texts were manually deleted. In February, the city settled that lawsuit for $3.65 million, including $600,000 in penalties for the deleted texts. The settlement came swiftly after a judge sanctioned the city for destroying evidence and noted that Durkan’s excuses “strained credibility.” Over 27,000 texts were deleted from Best’s phone and the most recent forensic reports show that phones used by Scoggins and others were reset in October 2020. In 2022, Seattle paid nearly $200,000 and pledged to improve its public records processes to settle a lawsuit brought by The Seattle Times that alleged the city had mishandled requests from reporters who asked for the messages between city officials. In February, the owner of a Korean restaurant filed a federal lawsuit against the city for the loss of business and expenses incurred during the notorious autonomous zone. Litigation against the city as a result of the zone has already cost Seattle over $11 million. https://www.washingtonexaminer.com/policy/defense-national-security/bipartisan-bill-pentagon-mexican-drug-cartels-pushing-fentanyl Bipartisan bill would empower Pentagon to take down Mexican drug cartels pushing fentanyl Democrats and Republicans from the House and Senate will debut legislation that would declare fentanyl a national security threat and allow the Pentagon to take new action targeting Mexican drug cartels. Senate Armed Services Committee members Joni Ernst (R-IA) and Tim Kaine (D-VA) shared exclusively with the Washington Examiner Tuesday morning their forthcoming bipartisan, bicameral bill to use their oversight authority of the Department of Defense to force the federal government to take stronger actions against Mexican transnational criminal organizations. "The amount of lives lost in Iowa and across the country due to this deadly drug has far surpassed the federal government’s response, and we must scale immediately to combat this national security threat," Ernst said in a statement provided to the Washington Examiner. "This bipartisan work will engage Mexico as an active partner to counter fentanyl trafficking and put the Pentagon’s tools to use to save American lives.” The Disrupt Fentanyl Trafficking Act would require the Pentagon to develop a fentanyl-specific counterdrug strategy, including how to work directly with the Mexican military and to increase security operations with Mexico. Fentanyl is largely moved into the U.S. from Mexico, and the ingredients to make the powerful drug originate in China and are then shipped to producers in Mexico. Ernst and Kaine maintained that enlisting the Mexican government as an equal partner in the war on fentanyl is critical, given the southern neighbor has failed to get a hold of the problem over the past five years. Between 2017 and 2021, fentanyl seizures at the U.S. border increased by 950% — most of which occurred under Mexican President Andres Manuel Lopez Obrador. Fentanyl has become the leading cause of death in U.S. adults between 18 and 45. President Joe Biden, in his State of the Union address earlier this year, vowed to do more to tackle the epidemic. Now before we end today, it’s time for a new segment I like to call the rundown: https://www.cnbc.com/2023/05/15/microsoft-activision-deal-eu-approves-takeover-of-call-of-duty-maker.html European Union regulators on Monday approved Microsoft’s proposed $69 billion acquisition of gaming firm Activision Blizzard, subject to remedies offered by the U.S. tech giant. The European Commission, the EU’s executive arm, said that Microsoft offered remedies in the nascent area of cloud gaming that have staved off antitrust concerns. These remedies centered on allowing users to stream Activision games they purchase on any cloud streaming platform. Europe’s green light is a huge win for Microsoft, after the U.K.’s top competition authority last month blocked the deal. https://www.military.com/daily-news/2023/05/15/china-sentences-78-year-old-us-citizen-life-prison-spying-charges.html China sentenced a 78-year-old United States citizen to life in prison Monday on spying charges, in a case that could exacerbate the deterioration in ties between Beijing and Washington over recent years. Details of the charges against John Shing-Wan Leung, who also holds permanent residency in Hong Kong, have not been publicly released. Such investigations and trials are held behind closed doors and little information is generally released other than vague accusations of infiltration, gathering secrets and threatening state security. https://www.breitbart.com/entertainment/2023/05/15/81-year-old-martha-stewart-poses-for-sports-illustrated-swimsuit/ Martha Stewart, who is 81-years-old, posed for the cover of Sports Illustrated Swimsuit, making her the oldest cover model in SI swimsuit issue history. That’s it… that’s all there is with that story. https://www.foxnews.com/sports/horse-euthanized-churchill-downs-broken-leg-becomes-8th-thoroughbred-die-track-last-2-weeks Another horse is dead after running at Churchill Downs, the site of the annual Kentucky Derby. Rio Moon broke his leg on Sunday near the finish line and had to be euthanized. The horse became the eighth to die in the last two weeks at the racetrack - seven died of multiple causes in the days, and hours, leading up to the May 6 Derby. https://www.cbssports.com/nba/news/ja-morant-could-face-significant-suspension-to-start-2023-24-nba-season-over-latest-controversy-per-report/ In NBA news… The Memphis Grizzlies could start next season without their best player for a period of time. After an Instagram Live video circulated online that showed Grizzlies superstar Ja Morant holding what appeared to be a gun in a car, the All-Star guard was suspended by Memphis from all team activities. But that's not the only suspension Morant could be facing. The franchise centerpiece could be facing a "significant suspension" from the league, according to Adrian Wojnarowski. The video in question was from an Instagram Live on Saturday, and it shows Morant in a car with friends and for a brief second as the camera pans to him it appears that he is holding a gun. After the video made the rounds on social media, the Grizzlies suspended their star guard. The league then announced it was launching an investigation into the situation.
In a major media shake-up, Tucker Carlson is out at Fox News. The biggest name in the news is now a free agent. Where will he end up? Is this at all related to the recent Dominion Voting Systems lawsuit? Many questions still remain around the situation. In a Heritage Foundation speech Friday, Carlson talked about facing his "Paul" moment. Is this that moment? It is truly a monumental day in the news media landscape. CNN announced it was parting ways with Don Lemon. The fiery anchor tweeted out a parting shot at his former employer, but CNN returned fire. Anheuser-Busch's marketing vice president for Bud Light, Alissa Heinerscheid, has taken a leave of absence and has been replaced by Todd Allen, the global marketing VP for Budweiser. Additionally, Daniel Blake, who is in charge of marketing for Anheuser-Busch's mainstream brands, was also placed on leave late last week. The fallout from the Dylan Mulvaney debacle continues as the company's stock has taken a major hit. "60 Minutes" released its interview with Ray Epps, and it raises more questions than it answers. Why hasn't he been arrested, and why is the Left defending him? A trans "woman" released a TikTok video, making some disturbing threats against "transphobes." Today's Sponsors: Barrel Buddy Cleaning guns is just one of those necessary hassles in life. Personally, I hate it. It's a dirty job, but we've got to do it. Barrel Buddy is a totally new concept and better way to take care of your firearms. So, get some today … I guarantee you'll love ‘em. Go to https://www.BarrelBuddy.com today! Patriot Mobile Patriot Mobile, America's ONLY Christian conservative wireless provider, offers dependable nationwide coverage on ALL THREE MAJOR networks, so you get the best possible service in your area without the woke propaganda pushed by leftists working hard to destroy this country. When you switch to Patriot Mobile you support free speech and religious freedom, the sanctity of life, Second Amendment, and our military, veterans and first responder heroes! Their 100% US-based customer service team makes switching easy! Just go to https://www.PATRIOTMOBILE.COM/CHAD or call them; 878-PATRIOT! Texas Superfood We have a new sponsor to the show, Texas Superfoods. We are all learned that it is important to do business with people we can trust and who share our values and the founder of Texas Superfoods is not only a Veteran, he is also a Texan and a homeopathic Doctor who has committed his life to help people who want to spit themselves out of the American Medical system and take their heath into their own hands. Give them a try at https://www.TexasSuperfoods.com. Refuge Ghost I want to tell you about the Ghost Sleeve from Refuge Privacy. As useful as it is, It's also a tracking device, even when it's off! It's made with Faraday fabric that blocks signals to and from the phone, and has sound-blocking panels on each side – your private conversations are yours, not anyone else's. Visit https://www.RefugePrivacy.com today. Use code “CHAD” to save 10% off your order. Learn more about your ad choices. Visit megaphone.fm/adchoices
Tucker Carlson has left Fox News, and people are left wondering why? Rumors started flying shortly after the bombshell statement that this must have been a decision attached to Fox's recent $788 million settlement with Dominion Voting Systems, but former Fox producer Kyle Becker of Becker News stated on Twitter earlier today that he received confirmation this was NOT in any way related to Dominion but to Tucker exposing the truth about January 6. In leftist media, Don Lemon has left CNN. Lemon announced on Twitter that he was shown the door this morning. Ray Epps, a Marine veteran whose actions on January 6 led to claims that he was an FBI infiltrator, spoke out on Sunday for the first time, telling "60 Minutes" the idea of him being an FBI informant was "a lie." The brains behind the Dylan Mulvaney-Bud Light collab are out of their jobs. Alissa Heinerscheid and her boss, Daniel Blake, are gone after the company took a huge hit because of the horrible paid partnership with the transgender activist. Today's Sponsors: Freedom Project Academy was built on Judeo-Christian values and classical curriculum. It's dedicated to mastery of subject matter and teaching kids HOW to think not WHAT to think. Save 10% on tuition when you enroll today at http://www.FreedomForSchool.com Relief factor isn't a drug, but it was developed by doctors to fight inflammation. Try it today. The 3-Week QuickStart is only $19.95. Go to http://www.relieffactor.com or call 1-800-4Relief to get your QuickStart today. Learn more about your ad choices. Visit megaphone.fm/adchoices