Reuters blog archive
from Photographers' Blog:
Powell River, Canada
By Andy Clark
As far back as I can remember, history has always fascinated me. Though my specialty as an amateur historian has been military history, just about anything that occurred prior to my birth has had my undivided attention. Recently while having a coffee with a friend, he mentioned he had been to a town north of Vancouver called Powell River and had happened to visit a local movie theater. He went on to say matter of factly, that the theater had been continuously running since it was built many years ago.
“Stop right there,” I said. “Did you take any pictures of the place?” Yes, he had and he pulled out his laptop to show me.
Powell River is a small community on the British Columbia Sunshine Coast and accessible only by water. To get there requires about two hours travel by car and a couple of hours crossing on two different ferries from Vancouver. The town was born around 1910 after a pulp and paper mill was built beginning in 1908. At one time the Powell River Company Mill was the largest of its kind in the world supplying paper to one out of every 25 newspapers in the world. In 1913, a small wooden theater was built to offer the locals entertainment that included silent movies, vaudeville shows and even local boxing matches. The town’s people decided to have a naming contest for the theater leaving their suggestions in a ballot box at the company store. A very popular public figure in Canada at the time was Princess Patricia of Connaught, the granddaughter of Queen Victoria. Princess Patricia was living in Canada at the time while her father The Duke of Connaught served as Governor General in Ottawa, Canada’s capital. Thus, the new theater was named the Patricia.
A new building was constructed in 1928 to replace the original tall narrow theater known to shake and rattle in high wind. It even had bats darting around in the ceiling during performances, forcing the audience to duck and cover their heads. In July 1928, workers broke ground on the new place. But this time, the building was constructed of brick, mortar and stucco. Four months later on November 6 the new Patricia Theatre opened for business. Eighty-five years later almost to the day on a dark and damp evening, I showed up at the Patricia.
By John Foley and Ethan Bilby
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.
Lenovo is wading into the BlackBerry jam. The Chinese technology group has gained access to the books of the Canadian smartphone seller, which is already considering a $4.7 billion approach from shareholder Fairfax Financial Holdings. If it chose to bid, Lenovo would have to do better than the current offer of $9 per share, and overcome more obstacles.
Talks between Angela Merkel’s CDU and the centre-left SPD will resume on forming a German grand coalition but any agreement is probably weeks away yet.
With the Greens having bowed out at least we now know it will be a joint administration of the big two parties or fresh elections. The former remains odds on.
from Photographers' Blog:
By Andy Clark
The hot mid-day sun beat down as the fellow nervously checked his Ruger Blackhawk single action revolver. Spinning the chamber and checking the hammer mechanism several times he then slipped the gun smoothly in and out of his holster sitting low on his hips. Adjusting his Stetson he looked up and said “I may be nervous, but I am ready”. Stepping into position he slightly bent his knees and placed his partially open right hand over the holster, while his flattened left hand crossed over his stomach and balanced just above the hammer of the gun. Only yards away his opponent stepped into his position and took a similar stance. A split second later there was a deafening and almost simultaneous boom as both guns spit fire, creating a large cloud of blue smoke that hung in the air. It was over. There lying on the ground was not some poor soul but rather the tattered remains of two yellow balloons, both gunfighters checked their guns, holstered them and prepared for the next round.
As you have gathered this was not some scene from the late 19th century in a dusty town of the American wild west but rather, a modern day competition, taking place at the annual Canadian Open Fast Draw Championships in Aldergrove, about an hour east of Vancouver, British Columbia.
The buzz on who will replace Ben Bernanke as Federal Reserve chairman has grown this year and amplified recently with talk of Lawrence Summers as a real possibility. There is also lingering speculation over Timothy Geithner, another previous U.S. Treasury Secretary, and former Fed Vice Chair Roger Ferguson among others as possible successors. Bernanke has provided no hint he wants to stay for a third term.
But above the din the central bank's current vice chair, Janet Yellen, has remained the front-runner. Her deep experience and implicit policy continuity has crowned her the heir apparent until proven otherwise. A Reuters poll of economists showed Yellen was seen as far and away the most likely candidate.
from Reihan Salam:
It is often said that America is “a nation of immigrants.” But that’s not true in the strictest sense. As of the 2010 Census, the foreign-born share of the U.S. population was 12.9 percent, and so 87.1 percent of Americans that year were native-born non-immigrants. Granted, the nation of immigrants line tends to be used figuratively, to indicate that virtually all Americans come from somewhere else if you go back far enough. That includes the members of the indigenous communities that had settled in what is now the United States many centuries ago, and the descendants of the enslaved Africans who were brought to the Americas against their will. Yet when we use nation of immigrants so loosely, it loses all meaning.
And when you compare the foreign-born share of the U.S. population to other countries, you soon realize that while the absolute number of immigrants living in the U.S. is very large, we’re nowhere near countries like tiny Qatar, where over three-quarters of the population consists of foreign-born individuals, most of whom are guest workers, or Canada, where the foreign-born share is a robust 20.6 percent. The U.S. is roughly in the same ballpark as countries like Germany and Sweden, which have become major destinations for immigrants only in recent decades.
In a Reuters poll conducted early last month, forecasters predicted that Canada's economy expanded by just 1.6 percent on an annualised basis in the first three months of this year.
from Chrystia Freeland:
In other ages, we have called on shamans or saints in times of crisis when the usual remedies have not worked.
In the stagnant world economy today, we have designated central bankers as our superheroes, and we are relying on their magical monetary powers to restart global growth.
from Photographers' Blog:
By Andy Clark
It was a cold, damp autumn day, as I remember it, sitting in a cinder block bunker terrified I was going to loose my hand as I loaded black clay disks into the machine in front of me. Seconds later I would hear a muffled voice shout, and the machine’s springs and mechanism would suddenly and violently let go, flinging the disk out of the bunker followed by another muffled boom, boom. I would then quickly lean down, take another disk from the box and gingerly place it in the machine. It was at this point my fear would take over, worried one of the distant voices would shout too soon and thus catch and propel my severed hand out of the bunker instead of the disk. Of course this never happened and once I got the rhythm, my fear slowly subsided, well sort of.
I think I was about 12 years old at the time and I was helping out at the annual Thanksgiving Turkey Shoot at the local Trap Shooting Club just outside Ancaster, Ontario. Each year the contest was held on the weekend before the holiday as a dozen or so members, including my dad, all vied to hit the most clay pigeons and go home with a freshly cleaned turkey donated by a local farmer. Though my dad and grandfather had versed me well in the handling of guns by that age I was still too young to take part so was therefore drafted to load the machine.
from Full Focus:
Photographer Andy Clark spent time at a public indoor gun range in British Columbia and the 79-year-old Vancouver Gun Club where members shoot skeet and trap. The shotgun only club has a regular membership of about 400 and sells an estimated 1100 day passes each year. Canada has very strict laws controlling the use of handguns and violent crime is relatively rare. Read Andy's personal account here.