Nissan Says Chairman Arrested for Financial Misconduct in Japan

Shares in automakers Nissan, Mitsubishi and Renault fell sharply Tuesday after the arrest of executive Carlos Ghosn on allegations of “significant acts” of financial misconduct.

All three firms are considering replacing him as chairman.

Nissan, one of the world’s biggest automakers, said Ghosn falsified reports about his compensation “over many years” and that its internal investigation also found he had used company assets for personal purposes.

Japanese media reported Monday that Ghosn is being questioned by Tokyo prosecutors, suspected of failing to report millions of dollars in income. 

Nissan said that based on a report by a whistleblower, it conducted an internal investigation of Ghosn and Representative Director Greg Kelly and shared its findings with public prosecutors. The company said both men had been arrested.

The automaker said its investigation showed that Ghosn had underreported his income to the Tokyo Stock Exchange by more than $40 million over five years.

The Ashai newspaper reported that prosecutors have raided Nissan’s headquarters in Yokohama. 

The Brazilian-born Ghosn, who is of Lebanese descent and a French citizen, was the rare foreign top executive in Japan.

Ghosn was sent to Nissan in the late 1990s by Renault SA of France, after it bought a controlling stake of Nissan. He is credited with rescuing Nissan from the brink of bankruptcy.

In 2016, Ghosn also took control of Mitsubishi, after Nissan bought a one-third stake in the company, following Mitsubishi’s mileage-cheating scandal. 

Together, the three automakers comprise the biggest global carmaking alliance, manufacturing one of every nine cars sold around the world. The three companies employ more than 470,000 people in nearly 200 countries.

Before Ghosn’s arrest, Satoru Takada, an analyst at TIW, a Tokyo-based research and consulting firm, said his detention would “rock the Renault-Nissan-Mitsubishi alliance as he is the keystone of the alliance.”

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Nissan Says Chairman Arrested for Financial Misconduct in Japan

Shares in automakers Nissan, Mitsubishi and Renault fell sharply Tuesday after the arrest of executive Carlos Ghosn on allegations of “significant acts” of financial misconduct.

All three firms are considering replacing him as chairman.

Nissan, one of the world’s biggest automakers, said Ghosn falsified reports about his compensation “over many years” and that its internal investigation also found he had used company assets for personal purposes.

Japanese media reported Monday that Ghosn is being questioned by Tokyo prosecutors, suspected of failing to report millions of dollars in income. 

Nissan said that based on a report by a whistleblower, it conducted an internal investigation of Ghosn and Representative Director Greg Kelly and shared its findings with public prosecutors. The company said both men had been arrested.

The automaker said its investigation showed that Ghosn had underreported his income to the Tokyo Stock Exchange by more than $40 million over five years.

The Ashai newspaper reported that prosecutors have raided Nissan’s headquarters in Yokohama. 

The Brazilian-born Ghosn, who is of Lebanese descent and a French citizen, was the rare foreign top executive in Japan.

Ghosn was sent to Nissan in the late 1990s by Renault SA of France, after it bought a controlling stake of Nissan. He is credited with rescuing Nissan from the brink of bankruptcy.

In 2016, Ghosn also took control of Mitsubishi, after Nissan bought a one-third stake in the company, following Mitsubishi’s mileage-cheating scandal. 

Together, the three automakers comprise the biggest global carmaking alliance, manufacturing one of every nine cars sold around the world. The three companies employ more than 470,000 people in nearly 200 countries.

Before Ghosn’s arrest, Satoru Takada, an analyst at TIW, a Tokyo-based research and consulting firm, said his detention would “rock the Renault-Nissan-Mitsubishi alliance as he is the keystone of the alliance.”

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White House Journalists Invite Historian, Not Comic, to Headline Dinner

Months after comic Michelle Wolf angered Trump administration officials with her blistering routine at the annual White House Correspondents’ Association dinner, the group said on Monday it would feature a historian, not a comedian, at next year’s event.

The WHCA said Ron Chernow, who has written biographies of presidents George Washington and Ulysses Grant and founding father Alexander Hamilton, has been asked to speak on freedom of the press at next year’s black-tie affair in April.

“Freedom of the press is always a timely subject and this seems like the perfect moment to go back to the basics,” Chernow said in a statement released by the WHCA. President Donald Trump has repeatedly derided some media organizations as “fake news” and the “enemy of the people.”

The decision breaks with the association’s long-standing tradition of having a comic roast the president and the press at the dinner, and it drew a sharp response from Wolf.

“The @whca are cowards. The media is complicit. And I couldn’t be prouder,” she said on Twitter.

Presidents traditionally have been given the floor to make their own humorous remarks before the comic speaks. But President Donald Trump, who frequently found himself the target of jokes when he attended before he ran for office, including by then-President Obama, has refused to attend the dinner his first two years in office.

Wolf angered Trump administration officials last April with jokes that many felt were caustic and overly personal, saying of presidential adviser Kellyanne Conway “all she does is lie” and ridiculing press secretary Sarah Sanders’ eye makeup.

It was not the first time comics at the dinner have riled their targets. Stephen Colbert, Wanda Sykes and Seth Meyers have spoken at the dinner and also had their detractors.

But Wolf’s jabs at Trump administration officials prompted the New York Times to question in a headline last April: “Did Michelle Wolf kill the White House Correspondents’ Dinner?”

Although the dinner has become a high-profile event on Washington’s social calendar, it is primarily a fund-raiser to earn money for college journalism scholarships, journalism awards and to pay for other programs sponsored by the WHCA, which represents journalists covering the White House.

“While I have never been mistaken for a stand-up comedian,” Chernow said, “I promise that my history lesson won’t be dry.”

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White House Journalists Invite Historian, Not Comic, to Headline Dinner

Months after comic Michelle Wolf angered Trump administration officials with her blistering routine at the annual White House Correspondents’ Association dinner, the group said on Monday it would feature a historian, not a comedian, at next year’s event.

The WHCA said Ron Chernow, who has written biographies of presidents George Washington and Ulysses Grant and founding father Alexander Hamilton, has been asked to speak on freedom of the press at next year’s black-tie affair in April.

“Freedom of the press is always a timely subject and this seems like the perfect moment to go back to the basics,” Chernow said in a statement released by the WHCA. President Donald Trump has repeatedly derided some media organizations as “fake news” and the “enemy of the people.”

The decision breaks with the association’s long-standing tradition of having a comic roast the president and the press at the dinner, and it drew a sharp response from Wolf.

“The @whca are cowards. The media is complicit. And I couldn’t be prouder,” she said on Twitter.

Presidents traditionally have been given the floor to make their own humorous remarks before the comic speaks. But President Donald Trump, who frequently found himself the target of jokes when he attended before he ran for office, including by then-President Obama, has refused to attend the dinner his first two years in office.

Wolf angered Trump administration officials last April with jokes that many felt were caustic and overly personal, saying of presidential adviser Kellyanne Conway “all she does is lie” and ridiculing press secretary Sarah Sanders’ eye makeup.

It was not the first time comics at the dinner have riled their targets. Stephen Colbert, Wanda Sykes and Seth Meyers have spoken at the dinner and also had their detractors.

But Wolf’s jabs at Trump administration officials prompted the New York Times to question in a headline last April: “Did Michelle Wolf kill the White House Correspondents’ Dinner?”

Although the dinner has become a high-profile event on Washington’s social calendar, it is primarily a fund-raiser to earn money for college journalism scholarships, journalism awards and to pay for other programs sponsored by the WHCA, which represents journalists covering the White House.

“While I have never been mistaken for a stand-up comedian,” Chernow said, “I promise that my history lesson won’t be dry.”

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Apple, Trade Woes Sink Stocks; Growth Worries Drag on Dollar

World stock markets fell Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment.

Concerns about slowing economic growth also pushed down the dollar.

The U.S. benchmark S&P 500 stock index dropped 1.7 percent following a decline in shares of Apple and its suppliers. The Wall Street Journal reported Apple had cut production orders in recent weeks for iPhone models it launched in September.

Renewed tensions between China and the United States also weighed. At an Asia-Pacific Economic Cooperative meeting in Papua New Guinea over the weekend, the issue prevented leaders from agreeing on a communique, the first time such an impasse had occurred in the group’s history.

U.S. Vice President Mike Pence said in a blunt speech Saturday that there would be no end to U.S. tariffs on $250 billion of Chinese goods until China changed its ways.

“That APEC was unable to issue a final statement clearly indicates that China versus the rest of the world isn’t just about the United States,” said Brad McMillan, chief investment officer for Commonwealth Financial Network in Waltham, Massachusetts. “It’s a widening of trade concerns that are already rattling markets.”

The Dow Jones Industrial Average fell 395.78 points, or 1.56 percent, to 25,017.44, the S&P 500 lost 45.54 points, or 1.66 percent, to 2,690.73 and the Nasdaq Composite dropped 219.40 points, or 3.03 percent, to 7,028.48.

MSCI’s gauge of stocks across the globe gained 0.30 percent.

Mixed signals regarding the Federal Reserve’s course of rate hikes in the face of a potential economic slowdown also weighed on markets, investors said.

Federal Reserve policymakers have recently raised concern about a potential global slowdown, leading some market watchers to suspect the tightening cycle may not have much further to run.

Data released Monday by the National Association of Home Builders showed weakening sentiment in the U.S. housing market, adding to concerns over economic growth.

Still, New York Fed President John Williams stated that the U.S. central bank is moving ahead with its plans for gradual rate hikes as it marches toward a more normal policy stance.

“There’s a widening gap between the Fed and what the markets think is the right course,” McMillan said.

Reflecting economic growth concerns, the dollar dropped to a two-week low Monday. The dollar index fell 0.3 percent.

In similar fashion, the 10-year U.S. Treasury yield hit its lowest level in more than a month. Benchmark 10-year notes last rose 3/32 in price to yield 3.0628 percent, from 3.074 percent late Friday.

Boosted by the drop in the dollar, gold added 0.2 percent to $1,223.56 an ounce.

Oil prices edged up, finding support from a reported drawdown of U.S. inventories, potential European Union sanctions on Iran and possible OPEC production cuts.

Brent crude futures settled at $66.79 a barrel, up 3 cents. U.S. crude futures settled at $56.76 a barrel, up 30 cents.

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Apple, Trade Woes Sink Stocks; Growth Worries Drag on Dollar

World stock markets fell Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment.

Concerns about slowing economic growth also pushed down the dollar.

The U.S. benchmark S&P 500 stock index dropped 1.7 percent following a decline in shares of Apple and its suppliers. The Wall Street Journal reported Apple had cut production orders in recent weeks for iPhone models it launched in September.

Renewed tensions between China and the United States also weighed. At an Asia-Pacific Economic Cooperative meeting in Papua New Guinea over the weekend, the issue prevented leaders from agreeing on a communique, the first time such an impasse had occurred in the group’s history.

U.S. Vice President Mike Pence said in a blunt speech Saturday that there would be no end to U.S. tariffs on $250 billion of Chinese goods until China changed its ways.

“That APEC was unable to issue a final statement clearly indicates that China versus the rest of the world isn’t just about the United States,” said Brad McMillan, chief investment officer for Commonwealth Financial Network in Waltham, Massachusetts. “It’s a widening of trade concerns that are already rattling markets.”

The Dow Jones Industrial Average fell 395.78 points, or 1.56 percent, to 25,017.44, the S&P 500 lost 45.54 points, or 1.66 percent, to 2,690.73 and the Nasdaq Composite dropped 219.40 points, or 3.03 percent, to 7,028.48.

MSCI’s gauge of stocks across the globe gained 0.30 percent.

Mixed signals regarding the Federal Reserve’s course of rate hikes in the face of a potential economic slowdown also weighed on markets, investors said.

Federal Reserve policymakers have recently raised concern about a potential global slowdown, leading some market watchers to suspect the tightening cycle may not have much further to run.

Data released Monday by the National Association of Home Builders showed weakening sentiment in the U.S. housing market, adding to concerns over economic growth.

Still, New York Fed President John Williams stated that the U.S. central bank is moving ahead with its plans for gradual rate hikes as it marches toward a more normal policy stance.

“There’s a widening gap between the Fed and what the markets think is the right course,” McMillan said.

Reflecting economic growth concerns, the dollar dropped to a two-week low Monday. The dollar index fell 0.3 percent.

In similar fashion, the 10-year U.S. Treasury yield hit its lowest level in more than a month. Benchmark 10-year notes last rose 3/32 in price to yield 3.0628 percent, from 3.074 percent late Friday.

Boosted by the drop in the dollar, gold added 0.2 percent to $1,223.56 an ounce.

Oil prices edged up, finding support from a reported drawdown of U.S. inventories, potential European Union sanctions on Iran and possible OPEC production cuts.

Brent crude futures settled at $66.79 a barrel, up 3 cents. U.S. crude futures settled at $56.76 a barrel, up 30 cents.

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Calgary Formally Ends Canada’s 2026 Winter Olympic Bid

The Calgary city council on Monday unanimously declared Canada’s 2026 Winter Olympics bid dead, after residents roundly rejected its proposal to host the Games in a referendum.

Mayor Naheed Nenshi said ahead of the council vote that he was “disappointed” in the outcome of the referendum — after nearly two years of bid preparations — but accepted the will of the people.

Calgary’s withdrawal now leaves only Milan and Stockholm in the running when the host city is announced in June in Lausanne, Switzerland.

The council’s announcement came after residents of the city at the foot of the Rocky Mountains last week came out 56.4 percent to 43.6 percent against bringing the event back to Calgary, which staged the 1988 Winter Games.

A tally of 304,774 ballots released by the city showed 171,750 voting against staging the Games, with 132,832 in favor.

The referendum result came after frenzied campaigning which saw pro-bid campaigners fail to convince residents that the city should bankroll a Can$390 million ($295 million US) chunk of the bill for hosting the event.

Bid officials had said bringing the Olympics back to Calgary would provide an economic boost to the city while giving it a chance to shine under a global spotlight.

But opponents cast doubt on the projected revenues from the Games, fearing massive cost overruns, higher property taxes and less funding for other municipal projects.

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Calgary Formally Ends Canada’s 2026 Winter Olympic Bid

The Calgary city council on Monday unanimously declared Canada’s 2026 Winter Olympics bid dead, after residents roundly rejected its proposal to host the Games in a referendum.

Mayor Naheed Nenshi said ahead of the council vote that he was “disappointed” in the outcome of the referendum — after nearly two years of bid preparations — but accepted the will of the people.

Calgary’s withdrawal now leaves only Milan and Stockholm in the running when the host city is announced in June in Lausanne, Switzerland.

The council’s announcement came after residents of the city at the foot of the Rocky Mountains last week came out 56.4 percent to 43.6 percent against bringing the event back to Calgary, which staged the 1988 Winter Games.

A tally of 304,774 ballots released by the city showed 171,750 voting against staging the Games, with 132,832 in favor.

The referendum result came after frenzied campaigning which saw pro-bid campaigners fail to convince residents that the city should bankroll a Can$390 million ($295 million US) chunk of the bill for hosting the event.

Bid officials had said bringing the Olympics back to Calgary would provide an economic boost to the city while giving it a chance to shine under a global spotlight.

But opponents cast doubt on the projected revenues from the Games, fearing massive cost overruns, higher property taxes and less funding for other municipal projects.

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UN: Afghan Opium Cultivation Down 20 Percent

A new United Nations survey finds that opium cultivation in Afghanistan has decreased by 20 percent in 2018 compared to the previous year, citing a severe drought and falling prices of dry opium at the national level.

The total opium-poppy cultivation area decreased to 263,000 hectares, from 328,000 hectares estimated in 2017, but it was

still the second highest measurement for Afghanistan since the U.N. Office on Drugs and Crime (UNODC) began monitoring in 1994.

The potential opium production decreased by 29 percent to 6,400 tons from an estimated 9,000 tons in 2017.

The UNODC country representative, Mark Colhoun, while explaining factors behind the reduction told reporters in Kabul the farm-gate prices of dry opium at the harvest time fell to $94 per kilogram, the lowest since 2004.

The decreases, in particular in the northern and western Afghan regions, were mainly attributed to the severe drought that hit the country during the course of the last year, he added.

“Despite these decreases, the overall area under opium-poppy cultivation is still the highest ever recorded. This is a clear challenge to security and safety for the region and beyond. It is also a threat to all countries to and through which these drugs are trafficked as well as to Afghanistan itself,” said Colhoun.

He warned that more high-quality low-cost heroin will reach consumer markets across the world, with increased consumption and related harms as a further likely consequence.

“The significant levels of opium-poppy cultivation and illicit trafficking of opiates will further fuel instability, insurgency and increase funding to terrorist groups in Afghanistan,” he said.

Colhoun noted that while there is no single explanation for the continuing high levels of opium-poppy cultivation, rule of law-related challenges such as political instability, lack of government control and security as well as corruption have been found to be among the main drivers of illicit cultivation.

The UNODC survey estimated that the total farm-gate value of opium production decreased by 56 percent to $604 million, which is equivalent to three percent of Afghanistan’s GDP, from $1.4 billion in 2017. The lowest prices strongly undermined the income earned from opium cultivation by farmers.

The study finds that 24 out of the 34 Afghan provinces grew the opium-poppy in 2018, the same number as in the previous year.

The survey found that 69 percent of the opium poppy cultivation took place in southern Afghanistan and the largest province of Helmand remained the leading opium-poppy cultivating region followed by neighboring Kandahar and Uruzgan and Nangarhar in the east.

It noted that opium poppy weeding and harvesting provided for the equivalent of up to 354,000 full-time jobs to rural areas in 2017.

A U.S. government agency, the Special Inspector General for Afghanistan Reconstruction (SIGAR), has noted in its latest report that as of September 30, Washington’s counternarcotics-related appropriations for the country had reached almost $9 billion.

“Despite the importance of the threat narcotics pose to reconstruction and despite massive expenditures for programs including poppy-crop eradication, drug seizures and interdictions, alternative-livelihood support, aviation support, and incentives for provincial governments, the drug trade remains entrenched in Afghanistan, and is growing,” said Sigar, which monitors U.S. civilian and military spendings in the country.

 

 

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Nissan Chairman Faces Arrest in Japan

Japanese automaker Nissan says it has determined that its chairman, Carlos Ghosn, falsified reports about his compensation “over many years.” The company said its internal investigation also found Ghosn had used company assets for personal purposes.

Japanese media are reporting Monday that Ghosn is being questioned by Tokyo prosecutors on allegations that he underreported his income and that he will likely be arrested.

Ghosn is suspected of failing to report hundreds of millions of dollars in income.

Nissan says Ghosn will be dismissed from the company.

The Ashai newspaper reported that prosecutors have raided Nissan’s headquarters in Yokohama.

The Brazilian-born Ghosn, who is of Lebanese descent and a French citizen, was the rare foreign top executive in Japan.

Ghosn was sent to Nissan in the late 1990s by Renault SA of France, after it bought a controlling stake of Nissan. He is credited with rescuing Nissan from the brink of bankruptcy.

In 2016, Ghosn also took control of Mitsubishi, after Nissan bought a one-third stake in the company, following Mitsubishi’s mileage-cheating scandal.

“If he is arrested, it’s going to rock the Renault-Nissan-Mitsubishi alliance as he is the keystone of the alliance,” said Satoru Takada, an analyst at TIW, a Tokyo-based research and consulting firm.

Shares in Renault fell more than 12 percent in late morning trading in Paris after the news about Ghosn came out.

 

 

 

 

 

 

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Lithuania: Russia’s UBER Could Be Used For Spying

In the Baltic country of Lithuania, there’s growing debate over a Russian-owned taxi ride-sharing service that Lithuanian government officials warn could be spying on users through their smartphones. So, could an ‘app’ be the latest tool in Kremlin hybrid tactics, or has fear of all things Russian gone too far?  From Vilnius, Charles Maynes reports.

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Pence, Xi Sell Competing Views to Asian Regional Economies

The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security.  Washington said it can provide a better option for regional allies under is “Free and Open Indo-Pacific” strategy.  as VOA’s State Department correspondent Nike Ching reports, the APEC gathering ended without a formal leaders’ statement.

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Pence, Xi Sell Competing Views to Asian Regional Economies

The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security.  Washington said it can provide a better option for regional allies under is “Free and Open Indo-Pacific” strategy.  as VOA’s State Department correspondent Nike Ching reports, the APEC gathering ended without a formal leaders’ statement.

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Art Thrives Among Hunters, Fishers in Northernmost Alaska

The small town of Utqiagvik, Alaska, is the northernmost town in the United States. Entertainment is scarce and so is the list of jobs. A lot of locals still hunt and fish, and there is room for art here as well. As Natasha Mozgovaya reports, indigenous carvers have been creating beautiful figurines, intricate miniature sculptures and jewelry from very Alaskan materials.

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Marvel Superheroes and American Pop Culture

While the Space Needle may be the most recognizable structure in Seattle, Washington, there is another spectacular and futuristic building nearby: Seattle’s Museum of Pop Culture. Initially built as a tribute to the legendary Seattle rock musician Jimi Hendrix, it now celebrates American contemporary pop culture as a whole. One display is dedicated to the Marvel Comics Super Heroes, whose creator, Stan Lee, died at 95 earlier this week. Natasha Mozgovaya gives us a look.

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British-based Startup ARC Debuts First Motorcycle for $117,000

British-based startup ARC unveiled its first motorcycle model in Milan this week, one being described as fast, advanced and expensive. The so-called Vector costs more than $100,000, but ARC says it’s for good reason. VOA Correspondent Mariama Diallo reports.

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Art and the Meaning of Jewelry: New Exhibit Opens at the Met

Fashion changes, trends come and go, but jewelry is always present in people’s lives in one way or another. New York’s Metropolitan Museum of Art just opened a new exhibition dedicated to the history of jewelry and the role it plays in people’s lives. Headdresses and earrings, brooches and belts, necklaces and rings, old and new, traditional and provocative, jewelry never cease to surprise and amaze. Nina Vishneva reports. Anna Rice narrates.

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Art and the Meaning of Jewelry: New Exhibit Opens at the Met

Fashion changes, trends come and go, but jewelry is always present in people’s lives in one way or another. New York’s Metropolitan Museum of Art just opened a new exhibition dedicated to the history of jewelry and the role it plays in people’s lives. Headdresses and earrings, brooches and belts, necklaces and rings, old and new, traditional and provocative, jewelry never cease to surprise and amaze. Nina Vishneva reports. Anna Rice narrates.

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Review: ‘Creed II’ Goes More Than the Distance; It’s a KO

The weight of legacy hangs heavily over Creed II. Not just for most of the characters, who must come to grips with their own family histories, but also for the filmmakers, tasked with making a sequel to a successful spin-off of a beloved franchise. It would put any film on the ropes. Not this one.

Creed II pulls off a rather amazing feat by adding to the luster of its predecessor and propelling the narrative into a bright future while also reaching back to honor its past, resurrecting unfinished business from Rocky IV and adding a dash of Rocky III. Pound per pound, the sequel might even be better than its predecessor.

Steven Caple Jr. replaced Ryan Coogler in the director’s chair this time, but there is plenty of continuity: Michael B. Jordan returns as Adonis Creed, with Sylvester Stallone by his side as former heavyweight champ and trainer Rocky Balboa. Also back: Tessa Thompson as Creed’s love interest, Phylicia Rashad as Creed’s mom, and Wood Harris as a coach. Max Kellerman is ringside again as color commentator.

The sequel pits Creed against man-mountain Viktor Drago, the son of Ivan Drago, who killed Adonis Creed’s father, Apollo Creed, in the ring in Rocky IV. That stirs up trauma for Rocky, who feels responsible for the elder Creed’s demise. Rocky went on to avenge the death by beating the elder Drago, but we also now learn what that disgrace meant for the Dragos. This film is about ghosts as much as it is a meditation on fatherhood. At one point, Kellerman says the showdown between the sons of Creed and Drago is almost like a Shakespearian drama and — laugh if you must — it feels sort of right here.

Desire — or lack of it — plays a key role in Creed II since we meet young Adonis as the new champion, at the top. Viktor Drago is at the bottom, hauling cement in Ukraine and burning for family redemption. “My son will break your boy,” Ivan Drago threatens Rocky, who sort of agrees. “When a fighter’s got nothing to lose he’s dangerous,” he warns Creed. “Listen, that kid was raised in hate. You weren’t.” Dolph Lungren returns as the elder Drago and there’s even an appearance by Brigitte Nielsen, who plays Drago’s wife in 1985 and was a real-life wife of Stallone. (Talk about keeping it in the family.)

Caple matches Coogler’s moody, gritty vision of a brutal sport conducted by mostly honorable men trying to outwit each other. There’s plenty of gore, slo-mos of smashed heads and Rocky trademarks — the glorious montages with uplifting music as fighters prepare for their shot in the ring. (Prepare to look away if you are fans of massive truck tires — many get horrible beat downs.)

Stallone got his mitts on the script — after having had a role penning all the Rocky films but sitting out writing Creed — and teams up with Cheo Hodari Coker, creator of the Netflix superhero hit Luke Cage. Onscreen, Stallone returns with his dark fedora and small bouncing ball, shuffling about and mumbling, allowing his sad eyes to do the bulk of his acting. It’s in the small moments between crusty Stallone and cocky Jordan where the film finds its sweet spot. “What are you fightin’ for?” the elder man asks the younger.

Jordan proves again that he’s a film force to be reckoned with, capable of searing and savage intensity and yet also goofy softness. This time, his swagger is tested and he must overcome intense pain and anguish. Watching him get up off the canvas again and again will make even the most uncharitable viewer cheer. As Adonis, he wants to carve his own legacy away from his father’s: “This is our chance to rewrite history. Our history,” Creed tells Rocky.

Thompson and Rashad both temper the piles of testosterone onscreen as women who steer and guide the young Adonis. Thompson’s character is battling progressive hearing loss and that is handled intelligently by the writers. There’s even a scene when Adonis is punched so hard that he falls in silence and looks over at her, both connected for a moment in enveloping quiet.

The filmmakers, meanwhile, are creating their own family legacy. Both Creed films share the same composer (Ludwig Goransson), art director (Jesse Rosenthal), special effects coordinator (Patrick White), costumer (Rita Squitiere) and location manager (Patricia Taggart). The films even have the same barber for Jordan (Kenny Duncan). And Coogler didn’t go far — he’s an executive producer.

But while a Creed III is almost guaranteed, there may be dangers ahead if the filmmakers choose to keep reopening old wounds or plundering story lines from the past. And the creep toward more cinematic bombast needs to be watched vigilantly. (Remember how nuts the last few Rocky films got?) Having said that, this spin-off franchise is clearly in very good hands — ones that are heavily wrapped, protected by a glove and aiming for your gut.

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‘A Private War’ Underscores Risks Journalists Take

Oscar nominee Matthew Heineman has often put his life on the line while filming award-winning documentaries such as Cartel Land, chronicling wars of Mexican drug cartels, and throwing a light on the atrocities of the Islamic State group in City of Ghosts.

Now, Heineman is releasing his first feature film, A Private War, about another subject close to his heart: Sunday Times war correspondent Marie Colvin, who staked her life on the war fronts of Sri Lanka, Iraq and Syria in order to bring attention to the plight of war victims. 

In A Private War, Oscar-nominated actress Rosamund Pike transforms herself into Colvin, a gritty, fierce, inquisitive American journalist who dedicated her life to reporting on atrocities around the world. 

Pike evokes the journalist’s inexorable drive to cover wars to show the world the plight of war victims and bring truth to light. She also portrays Colvin as a person suffering from PTSD and addiction to alcohol and to her job. And there was the physical toll. Colvin lost her left eye in a rocket-propelled grenade attack in Sri Lanka in 2001. 

Her actions, presence

“Getting into her physicality, which meant changing everything, I had to learn to smoke convincingly, because for Marie, everything was better with a cigarette — every conversation, every car drive,” Pike told VOA. “I had to see the way with which she gestured with her hands — she had these wide-apart fingers. I had to work out how the eye patch made her angle her head differently — how she could penetrate you and sear you with one eye as good as someone else could dress you down with two.” 

In an onscreen soliloquy about her inner demons as Colvin, Pike outlined the personal conflicts that defined the British journalist. 

“I fear growing old, but then I also fear dying young,” she said. “I am most happy with a vodka martini in my hand, but I can’t stand the fact that the chatter in my head won’t go quiet until there is a quart of vodka inside me. I hate being in a war zone, but I also feel compelled, compelled, to see it for myself.” 

WATCH: ‘A Private War’ Examines War Correspondent’s Physical, Psychological Scars

Regarding Colvin’s heavy drinking, Pike said, “Should we even call it alcoholism? I really had to judge and walk a very fine line and find out where the truth lay, because it is not that we are defining her by a drinking problem. But she clearly had one.” 

Filmmaker Heineman described his deep connection to Colvin. A storyteller who took grave risks to document drug cartels and IS to the world, he wanted to do justice to the complexity of Colvin’s character and her courage as she unflinchingly reported from Homs, Syria, in 2012 during Bashar al-Assad’s heavy bombardment of the city. 

This is where Colvin lost her life. Through Colvin’s commitment, Heineman said he wanted to show the risks that journalists take to uncover the truth to the world. 

Power of storytelling

“Journalists are the bedrock of a free and independent society. You might not always agree with what they say, but the fact that journalism has been politicized, as our whole world has been politicized and our countries have been politicized and divided, is really sad to me,” the filmmaker said. “The fact that journalists have been demonized in this country, in other countries, the fact that a journalist was recently obviously killed, in Turkey [Saudi journalist Jamal Khashoggi], I think that’s one of the reasons why I make films. 

“I think film, journalism, storytelling has the ability to bring people together to create dialogue, to create two sides of a conversation,” he told VOA. 

As a documentarian, Heineman wanted to give this real-life texture to his film. In a scene where Colvin discovers a mass grave in Iraq, the local women and men gathered around mourning are real victims of war.  

“The women in that scene were Iraqi women crying about real trauma that they experienced, and at the end of that scene, like in any documentary that I made, something unforeseen happened: They started chanting and doing this prayer for the dead,” Heineman said. 

Pike related a similar experience she had while filming an unscripted scene with a refugee woman huddled with her kids in a safe house. The scene was depicting the siege of Homs. 

Through an interpreter, the woman told Pike how she fed her baby only sugar and water because she could not produce milk to breastfeed after the trauma of losing one of her kids to a bomb attack.  

“Then the woman said to me as Marie — and it was caught on camera — she said, ‘I don’t want this, please, I don’t want this just to be words on paper. I want the world to know that a generation is dying here. I want the world to know my story.’ ”  

Pike said that at that moment, she felt what drove Colvin — the journalist’s grave responsibility to bear witness to people’s suffering, no matter the cost.  

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