evening

March 28 (Bloomberg) — Aaron David Miller, a public policy fellow at the Woodrow Wilson International Center for Scholars, and Jonathan Schanzer, vice president of research at the Foundation for Defense of Democracies, talk about the conflict in Libya and the outlook for U.S. President Barack Obama’s address to the nation this evening. They speak with Julie Hyman on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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Video: Miller Says Obama Needs to Be Clear on Libya Objectives

The OPM Federal Government Operating Status for Monday, Feb. 8, 2010 has been announced: federal agencies will be closed. The U.S. Office of Personnel Management Web site has been experiencing problems, as people flood the site to find out the federal government’s operating status for Monday in lieu of Washington D.C.’s “snowmageddon.” However, there are definitely closings in store for tomorrow. The site was updated at 6 p.m. this evening and a message read: The following message applies only to Monday, February 8, 2010: Federal agencies in the Washington, DC, area are CLOSED. The site explained that this means “Federal agencies in the Washington, DC, area are closed. Nonemergency employees (including employees on pre-approved leave) will be granted excused absence for the number of hours they were scheduled to work.” It’s noted that telework employees may still need to report for work on time, and emergency employees are also expected to report.

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OPM Federal Government Operating Status: Monday CLOSINGS Announced For Washington, D.C.

Eurostar Aims to Operate Eight Trains Tonight, `Limited’ Service Tomorrow

December 19, 2009

By Thomas Biesheuvel and Anne-Sylvaine Chassany Dec. 19 (Bloomberg) — Eurostar Group Ltd., operator of high-speed trains between London, Paris and Brussels, will run a “limited service” tomorrow after severe weather and locomotive failure caused it to cancel services today. “There will be a limited service and we strongly recommend that travelers whose journeys are not essential change their tickets,” company spokeswoman Emelle Mouhaddib said. Eurostar aims to run eight services this evening for “vulnerable” people, she said. All services were suspended today, affecting more than 31,000 passengers, after four Eurostar trains broke down in the Channel Tunnel overnight and a fifth was delayed. Eurostar Chief Executive Officer Richard Brown said in an interview with Sky News that the temperature change on entering the tunnel created condensation that caused the locomotives to fail. The breakdowns had trapped more than 2,000 passengers in the Channel Tunnel, according to Eurostar’s Mouhaddib. As much as 6 inches (15 centimeters) of snow fell in southeast England yesterday and temperatures dropped to as low as minus-2 Celsius (24 Fahrenheit) overnight, according to the U.K. Met Office’s Web site . While car and truck shuttle services run by tunnel operator Groupe Eurotunnel SA reopened this morning, freight services across the English Channel were suspended after the French authorities closed motorways to lorries following severe weather conditions, John Keefe, a U.K.-based spokesman for Eurotunnel said in a telephone interview. “Several thousand” trucks remain backed up on the M20 motorway in the south-east English county of Kent as a result, he said. Trucks Stuck Trucks coming from Dover were stuck at Calais port because the A16 motorway was closed to them, Gerard Baron, a spokesman for Port de Calais, said. About 8 inches of snow fell overnight in the region, he said. Passenger shuttle services through the tunnel between Folkestone and Calais are currently running a “limited service” with “significant delays” and will be affected for the rest of the day, Keefe said. Eurotunnel said its locomotives and shuttles are prepared so that rapid temperature changes do not affect them. There will be further snow showers this evening in southeast England and temperatures will drop to as low as minus- 4 Celsius, according to the Met Office. Eurostar is seeking to run four trains from London to Paris, three from Paris to London and one from Brussels to London, Eurostar’s Mouhaddib said. The services are intended for elderly people, passengers with young children and pregnant women, she said. “It’s absolutely unprecedented,” Eurotunnel’s Keefe said. “The knock-on effect on passenger shuttle services and freight shuttle services is huge.” A Kent Police statement said “Operation Stack” had been implemented on the M20, where 2,300 trucks have been parked on the road. To contact the reporter on this story: Thomas Biesheuvel in London tbiesheuvel@bloomberg.net .

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Chinese Paintings Set Records, Beat Estimates as Hong Kong Buyers Battle

November 29, 2009

By Le-Min Lim Nov. 30 (Bloomberg) — A 4-meter abstract of falling snow by Chinese painter Chu Teh-Chun fetched an artist record HK$45.5 million ($5.9 million) in Hong Kong, the surprise top lot of an auction that saw bidders vie for the priciest works by masters. “Vertige Neigeux,” an oil-on-canvas diptych that took France-based Chu (1920- ) about a decade to complete, topped estimates and went to an unidentified Asian private buyer. There was a 5-minute tussle among bidders on the phone and in the packed hall of about 400 people at Christie’s International evening sale of 20th-century and contemporary Asian works last night. Including the daytime auctions of modern and ink Chinese paintings, the company tallied HK$611 million yesterday. “Works by established Chinese artists such as Chu and Zao Wou-ki are the most sought-after; they are driving prices,” Anthony Lin, a Hong Kong-based art consultant, said in an interview after the sale, at the harbor-front convention center. Mainland Chinese buyers drove prices higher. Inflation concerns in China and a sagging dollar are driving the Chinese to convert currencies into assets such as art. They are choosing pieces by living masters such as Chu and deceased artists Fu Baoshi and Xu Beihong because they are more likely to retain value than contemporary works by Chinese artists in their 30s and 40s. A 1944 scroll of ink-and-color on paper by Fu Baoshi (1904- 1965) called “Landscape Inspired by Dufu’s Poetic Sentiments” fetched an artist record of HK$60 million in the day sale. In the evening, a 1950s blue, white and pink oil painting of potted flowers by the late Chinese master Sanyu (1901-1966), the cover lot and tipped by Christie’s to fetch the highest price, sold for HK$35 million, against a presale estimate of HK$12 million. Zao Paintings Almost every painting by Paris-based abstract Chinese artist Zao (1920- ) did well. His 44 inch-by-57 1/8 inch blue- and-white “19-11-59” sold for HK$30.3 million, more than twice the presale estimate. A 51 inch-by-76 3/8 inch orange-hued “05- 03-76” fetched HK$8.4 million, against a HK$10 million estimate. “The huge price gap between these two like-sized paintings by Zao shows buyers have matured and are focused on the best works by an artist,” said Eric Chang, head of Christie’s Asia contemporary and Chinese 20th-century art department. Yesterday’s auction showed prices of Chinese contemporary art, while trailing those of older paintings by a wide margin, are starting to recover, said Lin. Star Lot Zeng Fanzhi’s 1994, 70 5/8 inch-by-78 3/8 inch oil painting, “Untitled (Hospital Series),” the star Chinese contemporary lot at the evening sale that was expected to fetch as much as HK$12 million, sold for HK$19 million after fierce competition involving Wang Wei, wife of millionaire Chinese stock-investor Liu Yiqian, and one other auction-room bidder. Wang lost, though she won other lots at the evening sale, including Liu Ye’s scarlet-and-pink acrylic-on-canvas “I Always Wanted to be a Sailor,” for which she paid HK$7.2 million, against a presale top estimate of HK$6 million. Wang declined to comment. Tian Kai, a Beijing-based dealer advising Wang on her art purchases, said Wang and her husband are sending on art purchases this year. In October, Liu paid about $11 million on a Qing Dynasty imperial throne with carved dragons at Sotheby’s Hong Kong auction. “They have made money and they want to spend it on art,” said Tian. Wang may compete for the auction’s top lot, the ring set with a 5-carat pink diamond with a top estimate of HK$55 million, Tian said. Estimates don’t include commission. On Nov. 28, the first day of the 5-day auction, Christie’s sold HK$40 million of wine, including a 78-bottle lot of 1999 Domaine de la Romanee-Conti, which fetched HK$1.44 million. The auction continues today with the sale of Southeast Asian and more 20th-century and Asian contemporary art. To contact the writer on the story: Le-Min Lim in Hong Kong at lmlim@bloomberg.net

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Cold-War Memories of Stasi, Smog Flood Back as Berlin Marks Fall of Wall

November 8, 2009

Commentary by Catherine Hickley Nov. 9 (Bloomberg) — The streets of Halle are hard to navigate after 20 years. The once-grimy buildings are so spruced up they are unrecognizable. The acrid, yellow fog that hung over this industrial East German city, the birthplace of Georg Friedrich Handel , has lifted. The wintry smell of burning lignite has vanished. Gone, too, are the dust of dilapidated buildings and the ersatz coffee, grainy, filmy and thick. There are smart cafes serving decent cappuccino. Halle is clean and people look content — not affluent, exactly, but not poor. I was there recently, after a long absence. My first visit was in 1989, when I packed my student belongings into a pink Volkswagen Beetle called Gretel and drove from a NATO base in West Germany through the world’s most heavily fortified border. Next to me in the passenger seat was Alastair Bassett, also a recent graduate in French and German from London University. Our Brecht lecturer had used his contacts to land us jobs teaching English at the Martin-Luther-University . We had no idea that the world was about to change, let alone that we were going to be in the thick of it. The Berlin Wall looked unassailable and Erich Honecker’s communist regime was in power. By the time I left, German reunification was weeks away and the country I’d known for a year would cease to exist. Less than 40 kilometers west of Leipzig, Halle was mainly famous for pollution caused by the local chemicals plants and lignite-burning ovens. That smell permeated everything — the classrooms, the trams, my clothes. When I catch a whiff of it now, it takes me right back to 1989. Slave Trade Alastair and I taught students training to be English teachers. Our lurid orange textbook, inappropriately called “Modern English,” was full of dry, propagandistic articles that placed Britain in the Victorian era. Everyone worked in mining pits and attended Chartist meetings. America only got a mention in relation to the slave trade. Many times during those first weeks, I tossed “Modern English” aside in disgust and tried to get the students to talk about the momentous changes taking place. Silence reigned. They feared the one Stasi informer who, statistically, was likely to be sitting in every class. And yet history was unfolding before our eyes. Week by week, another seminar group would be missing yet another student who had slipped over the leaky Hungarian border. In private, people felt secure with us: As foreigners, they knew we wouldn’t be working for the Stasi. So we heard friends deliberating whether to escape and discovered their fear of crackdowns by the authorities at demonstrations. We were invited to meetings of new dissident groups like Neues Forum. Crumbling Wall On the evening of Nov. 9, I was with a group of theology students in their hall of residence in the Franckesche Stiftungen , a beautiful baroque complex built by the Pietist preacher August Hermann Francke that was crumbling out of neglect. Often, the students had no running water. The roof of one house had collapsed onto the top floor. I went every Thursday evening to speak English with them for an hour, and often stayed for supper. We watched the evening news program, “Aktuelle Kamera,” by then obligatory viewing. When I first arrived, its bulletins were full of triumphant stories about harvest or steel quotas being exceeded. Now it was covering the main political events, albeit cautiously. We saw the now-famous clip from the news conference where Guenter Schabowski mumbled — almost as an aside — that travel restrictions were loosening and German Democratic Republic citizens would be able to visit the west. Then we switched to the Tagesschau on West German television for confirmation. Elation, Skepticism The theologists were by turn euphoric and disbelieving. One minute, someone would jump up and whoop with delight. The next, he would sit down and shake his head, saying “No, it can’t be true, it will all change again tomorrow.” Last week, I visited the Franckesche Stiftungen complex. It sparkles in the sun after the loving attentions of restorers and has a new museum and a stunning library of 18th-century books. I found the house where the theologists lived, and thought about how important that year was for those who experienced it in the east. I remembered the intense exchange of ideas, the feeling that the future was open, the passionate discussions about what kind of a society we wanted. Everything was in upheaval: Everyone was asking those questions and working out their place in the new world order. East Germany no longer exists, but 1989 stays with you. I live in the old east of Berlin, and recently bought a house 90 kilometers from Halle. Last week, I asked Alastair, who now has a Czech partner and lives in Bratislava, whether he will ever get Eastern Europe out of his system after that year. “Definitely not,” he said. “It’s part of me now.” ( Catherine Hickley is a writer for Bloomberg News. The opinions expressed are her own.) To contact the reporter on the story: Catherine Hickley in Berlin at chickley@bloomberg.net .

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Melissa Biggs Bradley: A Call for Real Service, Not Lip Service

October 13, 2009

Last week, I attended a dinner on the top of the Mutual of America building at 320 Park Avenue, where Nobel Laureate Elie Wiesel made a call to the room full of executives to become more engaged; to give real service, not lip service. It was a far cry from the typical New York fund-raising dinner. We were there to celebrate the American launch of FIDESCO, an international non-profit that recruits volunteers, who take their faith to heart, to share their professional skills by living and working in developing countries. Yes, the purpose was to raise money, but the more radical premise of FIDESCO is that they want people–CEOS, doctors, teachers, lawyers–to give their time (two years, in fact). The introductory film began with images of New York at its shiniest: gleaming Mercedes, glittering store windows, sleek restaurants but slowly reflected in their surfaces emerged the faces of sick and starving children. As FIDESCO’s U.S. president explained, the fact that the volunteers live among the poor has a multiplying effect. The actual work that they do is one element but then they come back, resume their professions and spread their perspective among others. Cartier executive Frederic de Narp, who is involved in the organization, is just such an example. After working in Tokyo for Cartier, he spent two years in Haiti working with children. He returned, rose to head the brands operations in Italy and Switzerland before becoming CEO in America. He is on the board of FIDESCO and clearly believes as much in corporate excellence as he does in committed community service. Elie Weisel, the winner of the Nobel Peace Prize and author of Night, learned about FIDESCO from de Narp. He began his talk with a story from his native Romania. “In winter, a man in his house says to his son, ‘It’s cold outside. Close the door.’ The son replies, ‘If we close the door, will it not be cold outside?’ Today,” Wiesel continued, “‘I would say, “If I leave the door open it is because I would like to invite those who are cold to come in.’” The spiritual Wiesel, who has come to be known as the voice of silent victims of the Holocaust as well as other genocides, then spoke about the one area where we should be atheists. “When it comes to those who need help don’t rely on god,” he said. “When that beggar is here, give him something. God has other problems.” He went on to say that giving is reciprocal because it rewards those who receive as well as those who give. “The beauty of FIDESCO,” he argued “is that we all do what we can. The idea is that you can help children, if not all, at least one.” Throughout the evening we had heard individual stories of children in Rwanda, India and even Gainesville, Georgia who had been helped by FIDESCO. Wiesel ended the evening by sharing the mantra that he repeats to all of his students. “When my students say, ‘What should I take away?’ I always say. ‘Whatever you do, whatever the endeavor, the mantra should be think higher, feel deeper. If you bring joy to one family or hope to anyone, it should be enough.’” Spoken like a true beacon of peace but also an incredibly powerful reminder of what matters during a typical busy New York season.

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