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Wells Fargo upgrades bank stocks, names Bank of America its top pick for financials

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NewsHubWells Fargo Securities on Monday upgraded large-cap U. S. banks to overweight from market weight, citing the potential for corporate tax reform and deregulation to boost earnings for financial firms. The investment bank named Bank of America its top pick in the industry for 2017.
«We see up to 26% EPS [earnings per share] upside potential for the banks in 2018,» equity analyst Matthew Burnell wrote in a note to clients.
Wells Fargo believes a combination of higher interest rates, faster GDP growth, lower corporate taxes and industry deregulation under President-elect Donald Trump could propel bank stocks to new highs in the months ahead.
Since Nov. 8 election, the S&P financial sector is the best performing industry group, up nearly 18 percent compared with a return of 6 percent for the S&P 500.

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© Source: http://www.cnbc.com/2017/01/09/wells-fargo-upgrades-bank-stocks-names-bank-of-america-its-top-pick.html
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Federal Housing Administration to reduce annual insurance premiums, saving homeowners avg $500 this year

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NewsHubThe secretary said consumers are facing higher credit costs as mortgage interest rates increase.
«After four straight years of growth and with sufficient reserves on hand to meet future claims, it’s time for FHA to pass along some modest savings to working families,» said Castro.
«This is a fiscally responsible measure to price our mortgage insurance in a way that protects our insurance fund while preserving the dream of homeownership for credit-qualified borrowers. »
The new rates come as the FHA enters a fourth straight year of improved economic health, the administration said. The FHA gained $44 billion in value since 2012.
«We’ve carefully weighed the risks associated with lower premiums with our historic mission to provide safe and sustainable mortgage financing to responsible homebuyers. Homeownership is the way most middle class Americans build wealth and achieve financial security for themselves and their families,» Ed Golding, principal deputy assistant secretary for HUD’s Office of Housing, said in the report.

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© Source: http://www.cnbc.com/2017/01/09/federal-housing-administration-to-reduce-annual-insurance-premiums-saving-homeowners-avg-500-this-year.html
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Live: Sterling sinks and FTSE rises after May's Brexit comments

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NewsHubOur live blog is tracking market reactions as sterling falls sharply against the dollar in forex trade.
We’ll bring you the latest analysis below.
(App users please click here ).

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© Source: http://www.cnbc.com/2017/01/09/donald-trump-russia-hacking-cyber-attacks.html
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A “jaw-dropping” credit card bonus is about to expire

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NewsHubWhen JPMorgan Chase ( JPM ) introduced its Chase Sapphire Reserve credit card last year, it quickly climbed to the top of the elite credit-card heap because of its generous sign-up bonus.
The card offers 100,000 rewards points , which translates into a travel reward valued at $1,500 for people who spend $4,000 on the card within the first three months. But starting on January 12, Chase is slashing the reward bonus to 50,000 points, which means consumers who have been sitting on the fence may want to apply before January 11, said NerdWallet credit and banking expert Sean McQuay.
“It’s an eye-popping, jaw-dropping sign-up bonus,” McQuay said. “That card went from not existing to being the most popular premium credit card on the market overnight.”
While Chase succeeded in propelling its card into the wallets of thousands of well-heeled consumers, that popularity has come with a downside for the bank: JPMorgan Chase CEO Jamie Dimon said last month that the card would lower the company’s fourth-quarter profits by $200 million. That helps explain why the bank is slashing the card’s sign-up bonus in half starting on Thursday.
Even without the huge 100,000-point bonus, the card will remain a good deal for some consumers, McQuay noted.
“At that point, on January 12, it’s still the best travel card on the market, but I think most Americans are better off with a cash-back card” because they tend to have no annual fee, he said.
The Chase Sapphire Reserve card may continue to make sense for consumers who can afford its hefty annual fee, which stands at $450, and who also travel regularly. It’s also important to understand that the bonus is contingent on spending $4,000 within the first three months, which might only make sense for consumers who plan to make a large purchase soon after signing up.
While the rewards points bonus will be slashed, other perks will remain past January 12, such as a $300 credit each year for any travel spending a card holder puts on the card. Other perks include access to airport lounges through the Priority Pass network and $100 for paying for TSA Pre-Check or Global Entry.

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Amazon, Known For Selling Stuff, Wins Golden Globes

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NewsHubWhen I think of Amazon , I think of the one-stop-shop for pretty much everything I need in life. They even do groceries now. I certainly do not think of a movie studio along the lines of Paramount or The Weinstein Company. Now I have to reevaluate.
At the 2017 Golden Globes, Casey Affleck , the star of Amazon’s best picture contender, “ Manchester by the Sea ” won the award for Best Actor in a Motion Picture Drama. (This despite an 11th hour campaign to discredit Affleck over long-forgotten sexual assault allegations). Furthermore, Billy Bob Thornton , who also appeared in this year’s “ Bad Santa 2 ,” won the award for Best Actor in a Drama TV Series for starring in Amazon Prime’s streaming show “ Goliath.”
Amazon has won Golden Globes in the past for critical darlings like “ Mozart in the Jungle ,” but this is the first year it earned a statue for making content more widely viewed. “ Manchester by the Sea ” was also considered a favorite for Best Picture. It was upset by “ Moonlight ,” a drama that seems to have nothing to do with the ’80s show that propelled Bruce Willis to stardom.
WATCH The Trailer For ‘ Manchester By The Sea ‘:

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© Source: http://dailycaller.com/2017/01/09/golden-globes-amazon1/
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The Golden Globes — what did it all mean for the Oscars?

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NewsHubIs the Oscar best picture race over before the nominations have even been announced?
Damien Chazelle’s daring, magical musical “La La Land” swept its way through the Golden Globes on Sunday night, winning all seven of its nominated categories: best picture comedy/musical, lead acting honors for Emma Stone and Ryan Gosling , and awards for director, screenplay, song and score.
In doing so, it broke the record shared by two 1970s movies: “One Flew Over the Cuckoo’s Nest” and “Midnight Express,” both of which won six Globes, including one category — acting debut — that no longer exists.
“I’m in a daze now, officially,” Chazelle said accepting the director’s prize, the second of three trips he made to the stage. And who could blame him?
Now, naysayers could grouse and note that “La La Land” was off by its lonesome in the comedy/musical categories, separated from the other two awards season front-runners, “Manchester by the Sea” and “Moonlight. » But “La La Land” prevailed in two key categories in which the three movies were directly competing, director and screenplay, proving two things: 1) The Hollywood Foreign Press Assn. loves musicals — always has and probably always will, and 2) this particular musical possesses a power and charm that has a way of burrowing into people’s hearts. (I’m humming “City of Stars” even as I write this.)
Host Jimmy Fallon opened the evening with a “La La Land”-inspired musical tribute of sorts that demonstrated just how deeply Chazelle’s musical has entered the pop culture consciousness — even before fully expanding into a theatrical wide release. Fallon sang numbers based on two songs from the movie — “Another Day of Sun” and “City of Stars” — and parodied the movie’s Griffith Observatory dream sequence, waltzing and floating with Justin Timberlake amid a backdrop of stars.
It doesn’t hurt, either, that “La La Land,” like recent best picture winners “The Artist,” “Birdman” and, to a point, “Argo,” celebrates the one thing that Hollywood and Oscar voters can’t resist: itself.
“Manchester by the Sea” — the movie Fallon called the “only thing more depressing than 2016” — did manage to win one Globe, lead actor Casey Affleck. But that meager showing does little to prop up a belief that Amazon Studios’ indie drama has what it takes to win the best picture Oscar.
“Moonlight,” Barry Jenkins’ drama depicting three periods in the life of a young black man struggling with and ultimately learning to accept his gay identity, took one Globe too — the evening’s last, best picture drama. Jenkins’ singular movie remains the strongest challenger to “La La Land,” as it has become part of the cultural conversation in a very different way, inspiring discussions about race, sexuality and identity in a manner that transcends stereotypes and conventions.
It’s easy to envision an Oscar split for picture and director, with Chazelle’s musical winning the former and Jenkins taking the latter.
One of the evening’s biggest surprises was saved (almost) for last when French acting legend Isabelle Huppert won the lead actress drama Globe for “Elle.” In the film, Huppert plays a woman who is raped and decides to shift the power from victim to avenger.
Huppert has won many critics group prizes, including honors from the New York Film Critics Circle and the Los Angeles Film Critics Assn. But she’s still not guaranteed an Oscar nomination when they are announced on Jan. 24. The lead actress category is particularly crowded this year, with strong turns from Stone, Natalie Portman (“Jackie”), Amy Adams (“Arrival”), Annette Bening (“20th Century Women”), Meryl Streep (“Florence Foster Jenkins”) and Ruth Negga (“Loving”).
But academy voters have shown a willingness in three of the last four years to look around the globe for their lead actress choices — Emmanuelle Riva in 2012 for Michael Haneke’s “Amour,” Marion Cotillard in 2014 for the Dardenne brothers’ “Two Days, One Night” and Charlotte Rampling last year for Andrew Haigh’s “45 Years.” Huppert could well continue the trend.
Elsewhere, Viola Davis won the supporting actress trophy for her work in Denzel Washington ’s adaptation of August Wilson’s Pulitzer Prize-winning play “Fences.” Davis has won supporting honors with countless critics groups in the last few weeks and will probably go on to win at the Screen Actors Guild Awards and the Oscars. She could have competed in the lead category — as she did when she performed the same role opposite Washington on Broadway — and still swept through the season.
Davis gave a moving speech, paying tribute to her blue-collar father, noting “he had a story and it deserved to be told — and August Wilson told it. » Davis was also part of the evening’s true high point, introducing Meryl Streep for the honorary Cecil B. DeMille Award (“You make me feel like what I have in me, my body, my face, my age, is enough.”)
Eloquent speeches like the ones Davis delivered represent another kind of performance. And if done well and from the heart, they tend to stick in Oscar voters’ minds.
In that respect, the night’s biggest winner might have been Streep herself, though I’m sure her tenuous place in the lead actress Oscar race was the last thing on her mind when she crafted her fiery acceptance speech. It takes a lot to silence the Beverly Hilton’s ballroom, but celebrants stopped their schmoozing when Streep brought the hammer down on President-elect Donald Trump , decrying his “instinct to humiliate” and noting that “when the powerful use their position to bully, we all lose.”
Referring to the time Trump imitated disabled New York Times reporter Serge Kovaleski on the campaign trail, Streep noted it “was one performance this year that stunned me.” Taking that astonishment and turning it into righteous fury, Streep reminded everyone why she remains an awards season perennial. There’s no one like her.
Casey Affleck talks about the way Kenneth Lonergan uses everyday language to convey deep emotion in «Manchester by the Sea. »
For her role as Jackie Kennedy, Natalie Portman says, «It’s not a fashion story,» but the clothes do tell a story.
Joel Edgerton talks about staying truthful to the real-life story of «Loving. »
Director Nicolas Winding Refn and composer Cliff Martinez discuss their «Neon Demon» collaboration.
«Manchester By the Sea» director Kenneth Lonergan discusses writing a quiet character and working with actor Casey Affleck to bring him to life.
«Manchester By the Sea» director Kenneth Lonergan discusses writing a quiet character and working with actor Casey Affleck to bring him to life.

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© Source: http://www.latimes.com/entertainment/envelope/la-et-mn-golden-globes-analysis-20170108-story.html
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Golden Globes serve up a side order of politics

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NewsHubThe old-fashioned musical triumphed, and there was joy through the land — «La La Land,» that is. Though Damien Chazelle’s candy-colored musical cleaned up at the Golden Globes, there was a more serious undertone to the evening, with references both humorous and not to the impending Donald Trump era. There was also a bang-up opening musical number and one of the cutest child actors ever to grace an awards stage. Here are some key moments of the evening:
GAGA FOR LA LAND: It’s no secret that Jimmy Fallon loves musicals, and the host showed that love with an elaborate opening number paying tribute to the virtuoso dancing traffic jam scene in «La La Land,» the night’s big winner. He even danced into the stars — with Justin Timberlake.

ECHOES OF MARIAH CAREY: The terrific opening immediately segued into an awkward moment for Fallon when, before he even started his monologue, the Teleprompter had failed. You know, live shows and all…

TRUMP ZINGERS: Was the president-elect watching? Who knows for sure, but he certainly had a presence at the ceremony. Fallon began his monologue noting that the Globes were «one of the few places left where America still honors the popular vote,» and went on to note, among other things, that the votes were tabulated by «Ernst & Young & Putin. » He even likened Trump to Joffrey, a villain from «Game of Thrones. »

PASSIONATE STREEP: Accepting her lifetime achievement award, Meryl Streep wasted no time in calling out Trump without mentioning his name — for his positions on immigration, and especially for his mocking of a disabled reporter. «It kind of broke my heart,» she said. «This instinct to humiliate, when it’s modeled by someone in the public platform, by someone powerful, it filters down into everybody’s life. Because it kind of gives permission for other people to do the same thing. » She also made an impassioned call to support an independent press.

A DEDICATION FROM TRACEE ELLIE ROSS: Ross, a star of «Black-ish,» dedicated her best actress in a comedy award to «all of the women of color and colorful people whose stories, ideas, thoughts are not always considered worthy and valid and important. » Ross was the first black woman to win the category since Debbie Allen in 1982. «I want you to know that I see you, we see you,» she said.

CUTEST KID AWARD: OK, we’ve seen kids at the awards shows before, but maybe not THIS cute. Presenting his movie «Lion,» Sunny Pawar, 8, appeared onstage with his costar, Dev Patel, and proceeded to break hearts with his adorableness.

ROYALTY RULES: Our enduring taste for royalty in popular culture was proven yet again with the TV drama award to «The Crown,» the lavish Netflix series about a young Queen Elizabeth II. Claire Foy, who plays the queen, made sure to pay tribute to the long-reigning monarch herself in her acceptance speech for best actress in a drama.

O, THE AGONY OF ANIMATED FILMS:
Animated films are supposed to make us happy — not cry. The irresistible presenting team of Kristen Wiig and Steve Carrell turned that assumption on its head. Recalling the first time he saw an animated movie, Carrell recounted how the day he saw «Fantasia,» his mom told his dad she wanted a divorce — and he never saw his dad again. Wiig recalled that the day she saw «Bambi,» her family had to put all three of their dogs down. And she didn’t speak for two years.

REMEMBERING A MOTHER AND DAUGHTER:
The ceremony paused for a film montage honoring Carrie Fisher and Debbie Reynolds, who died within a day of each other last month. But it was a teary remark by Streep, ending her speech, that was the most poignant: «As my friend, the dear departed Princess Leia said to me once, ‘Take your broken heart. Make it into art.’ Thank you, friend. «

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© Source: http://www.charlotteobserver.com/entertainment/movies-news-reviews/article125360684.html
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42 pockets

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NewsHubAs we float in a sea of glossy new tech that surrounds me during CES, we find myself wondering where on earth we would put all this things if we had to take it with me.
One organisation we met there thinks it has a answer – in a form of a coupler with 42 tip pockets, any tailored for a specific device.
Scotte Vest’s $150 (£120) sleeveless gilet is an Aladdin’s cavern of pockets: it includes a laptop-sized space on a back, somewhere to store a inscription in any of a front panels, an inside breast slot for smartphones done out of touchscreen-friendly element and a channel for headphone cables or chargers.
It also contains a sunglasses tote with trustworthy cleaning cloth.
However, a organisation does not suggest regulating all 42 pockets during once.
“It is carrying a slot for what we need during a moment,” pronounced orator Luke Lappala.
“If character isn’t indispensably your series one priority, we could fit all we ever need in there.”
I can attest for that, after stashing my 11in (28cm) laptop, charging wire and plug, smartphone, tablet, radio equipment, battery energy bar and cover in a singular Scotte Vest garment.
I didn’t demeanour or feel quite elegant, and a weight of a laptop alone roughly sloping me over twice – though once a bucket had staid onto my shoulders we began to feel like we was wearing a trek rather than a gilet.
It was surprisingly formidable to get all behind out again after this tiny experiment. we could feel a horse about my chairman though it took me a while to locate a slot it was in. Helpfully, any mantle comes with a tiny fabric map environment out a plcae of all a pockets.
The thought was innate in a year 2000 when arch executive Scott Jordan roughly shop-worn his ears in an airfield after removing a headphone wire tangled on a doorknob, Mr Lappala told me.
It was desirous by a normal fisherman’s vest.
Scotte Vest claims to have sole some-more than 10 million panoply so far, trimming from ditch coats to shorts, all with varying tallies of pockets.
It is good for travellers, pronounced Mr Lappala. And worker pilots.
The organisation even has a opposition in a form of a J25 done by AyeGear – nonetheless as the name suggests, that one has a small 25 storage areas.
I can’t trust I’ve come to Las Vegas to write about pockets.
Read all the CES coverage during bbc.co.uk/ces2017

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Why Elijah Page is the best folk singer you've never heard of "Close to tears, he left at the intermission": how Stanley Kubrick upset Arthur C Clarke

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NewsHubSurely you’ve heard of Elijah Page? A voice from the past, yes, but a voice you remember: he played guitar and stood up alone to sing about injustice and heartbreak in the days when it still seemed possible to change the world. Dylan, Guthrie, Seeger, Page – performing in clubs and at festivals, for ­audiences that took those voices to heart, that shaped their lives according to the songs they heard.
In reality, you are unlikely to have heard of Elijah (or Eli) Page, because W B Belcher invented him for his debut novel – but Page is a pretty convincing concoction. A compelling performer in his day, he vanished from the scene and, it seems, disappeared completely, as the narrator, Jack Wyeth, relates. Wyeth is a Page-obsessed folkie, a millennial with father issues (his guitar-playing dad left when he was five) who drops girlfriends and dead-end jobs like so much change from his pocket, never able to settle, never knowing what he wants.
One day, out of the blue, he gets a call from Eli Page’s manager. Page is ready to write a memoir; all he needs is a ghostwriter. Wyeth takes the job and goes to upstate New York but when he gets there he discovers, perhaps unsurprisingly, that his task is not as straightforward as he’d hoped.
The American folk scene offers a good canvas for the shattering of youthful illusions. It is hard to avoid comparing this novel to the Coen brothers’ haunting 2013 film, Inside Llewyn Davis , in which Oscar Isaac plays a 1960s folk musician based on a singer called Dave Van Ronk. Van Ronk gets a namecheck in Belcher’s book and, for those who love conspiracy theories, it may be worth noting that the writer who helped Van Ronk put his posthumously published memoir together was called Elijah Wald.
There’s more. Albert E Brumley’s 1929 spiritual “I’ll Fly Away”, which you can find on the soundtrack of the Coens’ O Brother, Where Art Thou? , also gets a mention here. This is the kind of knitting together that is intrinsic to folk on both sides of the Atlantic, where old tunes and new tunes circle each other and bind until it becomes hard to tell them apart.
Folk is – let’s be frank – always on the margins. If it weren’t, it wouldn’t be a place for rebellion and protest. Both Eli and Jack are marginal figures – even in their own lives, it seems. What brings them together is a need to escape from the confines of the present day, though that desire takes different forms. Eli has become a crank, a near ­recluse: imagine Bob Dylan crossed with J D Salinger and you’ll start to get the picture.
Belcher’s portrait of small-town life and the dark currents running under any surface is well done, and it’s clear that the author knows the drill. He lives along the same river, the Battenkill, that winds through the book; he is also on the board of directors of Caffe Lena in New York, the most venerable folk venue in United States.
Perhaps, at times, the material is a little too close to his heart. One of the strengths of Lay Down Your Weary Tune is its sense of mystery, but that mystery is stretched out just a little too long. What is going on with Eli? Who is responsible for the strange spate of crime in town? The story is a good one – laced with lost fathers and vanished daughters – but like those long, long Child ballads, it wouldn’t have suffered by losing a verse or two. And sometimes the similes get out of hand: wine glasses that “chirped like falsetto birds” when they clinked; a spine curved “like a lazy creek”. It’s lovely, but occasionally distracting.
The characters, however, are vivid and true. Jack becomes enamoured of Jenny, whose connection to Page is a puzzle right to the end of the book. Jenny is soft and strong and real, and her attachment to her ex-fiancé, a bullying local police officer called Cal, perfectly convincing. Eli stays just out of focus – but by design, dimmed to himself as well as to the people who try to get close to him. In the final pages, Jack finds a moment in which he sees: “Everything was perfect and everything was perfectly broken.” That may be the vision he has to live by. I’ll be happy to listen to the next song Belcher chooses to sing.
Lay Down Your Weary Tune by W B Belcher is published by Other Press, 408pp, £13.99
People were frequently surprised to learn that Arthur Clarke and I were good friends. He is considered the doyen of optimistic, technical, Space Age speculative writers, believing our species’ salvation to lie entirely in scientific discovery and engineering invention, his fiction full of detailed explication, sometimes virtually indistinguishable from fact. I am usually portrayed as the iconoclast of the SF “New Wave”, rejecting physics for psychology and favouring social themes over space stories, tending to examine the downside of technology. Yet actually we shared similar ideals. Much of our early work anticipated advances in astrophysics while dealing with the psychic future of mankind.
Many years after our first meeting I gave a party where I introduced Arthur to William Burroughs, the Beat author of Naked Lunch. No one expected them to have a lot in common, but they spent the next few hours together, sipping orange juice, occasionally asking for the music to be turned down because it was spoiling their conversation.
Born two days (and 22 years) apart, we met when I was 15, shortly before he went to live permanently in Sri Lanka. He was humorous, encouraging, egalitarian and generous, as interested in exploring the sea as examining outer space. We would generally meet whenever he was in England, usually at the Globe pub in Hatton Garden, where would-be writers could chat casually with established authors such as John Wyndham, John Christopher and C S Lewis; the SF fraternity had moved to the Globe from the White Horse in Fetter Lane in the mid-1950s. Arthur had already written his light-hearted Tales from the White Hart (1957) in affectionate memory of the Fetter Lane pub. Before the war he and some fellow SF writers had shared a flat in Gray’s Inn Road. His flatmates already called him “Ego” because of his total absorption in the subjects that interested him. He cheerfully accepted the nickname.
Born and raised in Somerset, Arthur came to London in the late 1930s to work as a pensions auditor for the Board of Education, but space travel was already his chief enthusiasm. An active member of the British Interplanetary Society, he grew up reading all the SF he could find, most of it in US pulp magazines, though H G Wells and Olaf Stapledon (the author of the epic Last and First Men ) remained his chief influences. He contributed frequently to the pre-war SF fanzines, co-editing Novae Terrae (“new worlds”) in its original form. One flatmate and fellow editor, William F Temple, described him as highly strung and given to “sudden, violent expressions of mirth”.
After working on radar in the RAF during the war, Arthur received a first-class degree in physics and mathematics from King’s College London, and sold a few speculative articles, including one to Wireless World that proposed communications satellites in space. His first sales of professional fiction were to Astounding (later Analog ), at that time the most prestigious American SF magazine, specialising in speculation based on hard science, with a strong emphasis on space travel. His later work – including his novella Against the Fall of Night , which became his first novel, The City and the Stars (1956) – appeared in rather more garish pulps such as Startling Stories. His fiction quickly brought him popularity with readers and in less than a decade he became known, with Isaac Asimov and Robert A Heinlein, as one of hard SF’s “Big Three”.
“Hard SF” is distinct from the kind written by Orwell, Dick or Ballard, which specialises in social and psychological speculation. Arthur’s work was distinguished from that of his peers by an almost mystical lyricism and a faith in a future where mankind would rid itself, through science, of its primitive and brutal characteristics. (Unlike Heinlein, with whom he eventually fell out over the American author’s support for Ronald Reagan’s “Star Wars” plans, he had little interest in military space fiction.)
***
At first his factual books, such as The Exploration of Space (1951), were more successful than his fiction. He was soon able to support himself by his writing, becoming a leading expert on rocketry and space travel, ready whenever the media needed a piece about space exploration. He even advised the creators of the running story “Dan Dare, Pilot of the Future”, which appeared in my favourite comic, the Eagle , and whose images prefigured those of 2001: a Space Odyssey.
He developed a keen interest in scuba diving; it was one of his chief reasons for moving to Sri Lanka in 1956 not long after the breakdown of his first and only marriage, which had lasted just a few months. He returned to England often, always staying with his brother Fred, his sister-in-law Babs and his mother, Nora, in suburban London. Occasionally he came with a diving partner, Mike Wilson, and brought film of their expeditions with him. He was extremely proud of his underwater discoveries, which included the lost Koneswaram temple in Trincomalee, an important historical site.
Some time after his arrival in Sri Lanka Arthur developed a profound friendship with the diver Leslie Ekanayake, whose family adopted him. He dedicated his 1979 novel, The Fountains of Paradise , to Leslie, describing him as the “only perfect friend of a lifetime, in whom were uniquely combined Loyalty, Intelligence and Compassion”. In 1977 he suffered a terrible emotional blow when Leslie was killed in a motorbike crash just before his 30th birthday. Arthur continued to live with the Ekanayake family until he died. He was buried next to Leslie. The family and his many friends in Sri Lanka describe Arthur as a gentleman of great generosity and spirituality, even though he was anti-religious and placed mankind’s salvation entirely in its own hands.
There is indeed a quality of spiritual idealism in most of Arthur’s major work, including 2001 as well as much of his non-fiction, an element largely lacking from the writing of his science-fiction peers. In most respects he was perhaps the most complex SF writer of his generation: his scientific training combined with a highly logical mind that was passionately committed to humanity and the natural world. Yet his pride in his achievements was obvious and he continued to earn his nickname.
In the mid-1970s my friend Angus Wilson visited him in Colombo. When he returned home Angus asked me if (like him) Arthur was gay. A keen SF reader, he shared a similar investment in humanity but had been somewhat overwhelmed by Arthur’s “tour” of his house: framed endorsements, pictures taken with presidents and princes, awards on display. Arthur struck him as competitive and “perhaps the most egocentric person I ever met”. Did I think Arthur was afraid that he, Angus, was trying to upstage him in some way? I assured him that Arthur was probably just showing off.
Arthur developed polio in the 1980s, making travel increasingly difficult. Shortly before he was due to be knighted in Colombo by the Prince of Wales in 1998, the Sunday Mirror published disgusting and unfounded gossip about him. I wrote to him to give him my moral support. He thanked me graciously. I should not worry, however, he said. The story was merely an attempt to embarrass his friend Prince Charles. He assured me that another friend, Rupert Murdoch, was looking after the matter. The story was soon retracted with apologies.
***
There are several published accounts of how the 1968 film 2001: a Space ­Odyssey came into being. I understood from Arthur that he was somewhat frustrated by the erratic schedule of its director, Stanley Kubrick. Consequently, the novel, which they were supposed to write before the film appeared, came out after the initial release date. But in the main he seemed happy with the collaboration, even up to the time that rough cuts were being shown. He was, I know, afraid that what with Kubrick’s inability to settle down and collaborate on the novel, with the result that the book was due to come out after the cinematic release, it might look like a novelisation of the film rather than an ­original work.
Based primarily on his short story “The Sentinel”, together with other published fact and fiction, the film was very much a joint effort, although Arthur was overly modest about his contribution. For his part, Kubrick seemed unable to come up with an ending that suited him. When I visited the set, the film was already about two years behind schedule and well over budget. I saw several alternative finale scenes constructed that were later abandoned. In one version, the monolith turned out to be some kind of alien spaceship. I also knew something that I don’t think Arthur ever did: Kubrick was at some point dissatisfied with the collaboration, approaching other writers (including J G Ballard and myself) to work on the film. He knew neither Ballard nor me personally. We refused for several reasons. I felt it would be disloyal to accept.
I guessed the problem was a difference in personality. Arthur was a scientific educator. Explanations were his forte. He was uncomfortable with most forms of ambiguity. Kubrick, on the other hand, was an intuitive director, inclined to leave interpretation to the audience. These differences were barely acknowledged. Neither did Kubrick tell Arthur of his concerns regarding the final version. Where, thanks to Arthur, the film was heavy with voice-over explication and clarifications of scenes, Kubrick wanted the story to be told almost entirely visually.
Without consulting or confronting his co-creator, Kubrick cut a huge amount of Arthur’s voice-over explanation during the final edit. This decision probably contributed significantly to the film’s success but Arthur was unprepared for it. When he addressed MGM executives at a dinner in his honour before the premiere, he spoke warmly of Kubrick, declaring that there had been no serious disagreements between them in all the years they had worked together, but he had yet to see the final cut.
My own guess at the time was that Kubrick wasn’t at ease with any proposed resolution but had nothing better to offer in place of his co-writer’s “Star Child” ending. We know now that the long final sequence, offered without explanation, was probably what helped turn the film into the success it became, but the rather unresponsive expressions on the faces of the MGM executives whom Arthur had addressed in his speech showed that they were by no means convinced they had a winner.
What had impressed me on my visit to the set was the dedicated enthusiasm of the Nasa advisers, who had offices at the studios. You could walk into a room and find a fully equipped spacesuit hanging behind the door. There were star-charts and diagrams on the walls; exploded drawings, models, mock-ups and pictures of spaceships and equipment. I saw Roy Carnon’s paintings of Jupiter and large sketches of scenes that would soon become every filmgoer’s idea of what the future in space would look like. The main set was dominated by a huge, fully working centrifuge, built at vast cost by Vickers-Armstrongs, the British engineering firm. Every technician I met talked about the project with such commitment that I was soon infected by the conviction that we really were preparing an expedition to Jupiter. Computer-generated imagery did not yet exist, and so a great deal had to be built or painted close to full size.
With almost no interest in space exploration, I nonetheless found myself excited by the atmosphere. Yet I did wonder if all the “authenticity” I saw around me might not be overwhelming. Could Kubrick’s singular imagination flourish in this atmosphere? Was that why it was taking so long to complete 2001 and the film was so heavily over budget? I had a slightly uncomfortable feeling that the considerable investment in establishing the reality of interplanetary space travel might produce a film more documentary than fiction.
As it turned out, Arthur did not get to see the completed film until the US private premiere. He was shocked by the transformation. Almost every element of explanation had been removed. Reams of voice-over narration had been cut. Far from being a pseudo-documentary, the film was now elusive, ambiguous and thoroughly unclear.
Close to tears, he left at the intermission, having watched an 11-minute sequence in which an astronaut did nothing but jog around the centrifuge in a scene intended to show the boredom of space travel. This scene was considerably cut in the version put out on general release.
***
If Arthur was disappointed by Kubrick’s decision to cut his dialogue and narrative to the bone, he was eventually reconciled by being able to put everything left out of the film into the novel, meaning that each man was able to produce his own preferred version. The success of the film ensured that the book became a bestseller, as audiences sought answers to questions raised by Kubrick’s version, and Arthur soon got over his disappointment, going on to write three bestselling sequels to his novel, only one of which has been filmed so far.
Inspiring governments to invest in space exploration and schoolboys to become astronauts, 2001 convinced the general public that science fiction could be taken seriously. Until Star Wars sent the genre back to an ­essentially juvenile form, the movie led to a greater understanding of the valuable creative possibilities of all kinds of science fiction. There would not be a more influential film until Ridley Scott’s Blade Runner , with its sober moral resonances. It also proved to Hollywood that good, big-budget SF movies could be money-spinners and garner critical respect at the same time. Without 2001 it is unlikely the genre would have progressed to its current state.
I have one other memory of that visit to the 2001 set. After being given a tour of the studio by the MGM publicist, I was led towards Kubrick’s office just as the director entered the main building. I prepared to meet the man who had contacted me a year or so earlier. I had many questions. Perhaps he would confirm some of my guesses.
Kubrick’s eyes went straight to me and did not leave me as he spoke brusquely to the publicist.
“Get these people off the set,” he said.
We were never face to face again.
“2001: a Space Odyssey” by Arthur C Clarke, introduced by Michael Moorcock, is published by the Folio Society (£29.95)

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Emma Watson carries lovely tune in new 'Beauty and the Beast' trailer

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