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Aged Portuguese mansion a window into India colonial history

LOUTOLIM, India (AP) - Age sits lightly on the sprawling, 4-centuries-old Figueiredo Mansion.

The home is a lived-in repository of memories tracing to the days when the west-coast gia chung cu iris garden my dinh Indian state of Goa was a Portuguese colony.

The Figueiredo family of Portuguese diplomats, lawyers and parliamentarians began building the mansion in 1590 as they made their home in quaint Loutolim, surrounded by paddy fields and a few neighbors. The family added a second section with similar design to the home 200 years later.

This Friday June 2, 2017 photo shows the dining room of the the sprawling Figueiredo Mansion, a 427-year-old Portuguese heritage home in Goa, India. The home is a much-loved and lived-in repository of memories tracing to when what is now the west-coast Indian state of Goa was a Portuguese colony. Far from the party beaches and liquor shacks that Goa has become known for, the mansion is now open as both a homestay and a museum, filled with antique furniture and artifacts from the 17th century. (AP Photo/Manish Mehta)

Today, about an hour's drive from Goa's airport, a rundown, roadside sign reads "Casa Museu V.J. De Figueiredo Loutolim" to let visitors know they've reached their destination.

Far from the party beaches and liquor shacks for which Goa is now known, the mansion operates as a homestay and a museum, filled with antique furniture and artifacts from the 17th century. The musty smell of aged wood fills arcaded corridors, with rooms to both sides.

"It's really like Portugal in India," said Portuguese student Pureza Lino, 19. "Sometimes I look at the walls and I see something that reminds me of my Mum. Or the smell, only the smell reminds me of my grandmother."

Three generations of the Figueiredo family live in the house, a personal, living link to history.

___

At 87, Maria de Lourdes Figueiredo de Albuquerque is frail and speaks slowly, admitting her memory is fading. But her eyes light as she recalls the "many, many parties" hosted in the grand ballroom, with its wall-length mirrors, teak wood floors and Belgian crystal chandeliers.

Now the owner of the mansion, Maria de Lourdes grew up in the mansion along with her sister when the family was based in the west Indian state. She moved to Portugal as a young woman, where she witnessed the political turmoil that led to the end of the European country's 451-year colonial rule in Goa in 1961.

A few years later, she became the first female member of Portugal's parliament in 1965-69. Then, two decades ago she returned to Goa to help her sister take care of the home.

"We have to watch these things with some respect," she said, her watchful eyes taking stock of the paintings and embroideries adorning the walls. "Because these things are not made every few years. It's once made for ages."

When her sister died with no children, Maria de Lourdes inherited. She rules out ever selling the property, saying her daughter and grandson would succeed her.

___

Maria de Fatima Figueiredo de Albuquerque, now in her 50s, was born in the house before the end of colonial rule but grew up in Portugal. Two years ago, she left her job as an executive with an international cosmetics company and returned to Goa to help her mother take care of the house.

"I knew I would come back to my roots someday," she said, while giving visitors a tour of the museum.

Every artifact in the mansion has its own story, and Fatima's narrative helps in bringing some of that composite culture alive for the guests. "This is the ballroom and all the furniture is made in Goa by Goans, and by Hindus, Muslims and Catholics," Fatima said, pointing to a wooden chair with the figures of three Hindu gods carved into the back.

Nearby, an antique chest of drawers made of ivory, metal, rosewood and teak with images of lions carved into the base is similar to a piece in the Victoria & Albert Museum in London.

But that is "smaller than this one," Fatima said. "This is the only one that exists with four lions and also in this size."

Moving next through the dining room, Fatima points to another family treasure - a 60-piece crockery set made for the family by the East India Company some 200 years ago. Guests also delight in seeing the family's 350-year old cradle, which Fatima herself was the last to use. Her own children were born in Portugal.

Other treasures included an 18th-century German piano, porcelain vases from China and Japan, mirrors and boxes with intricate gold filigree work and ceiling murals depicting Portuguese explorer Vasco De Gama's journey to India by sea.

Taking care of so many treasures was daunting, Fatima said. "I hope that nothing can be broken during my existence in this house."

Tourists said the walk through history was fascinating. Many said the mansion felt like a home, with its library stocked with old books in English, French and Spanish.

"You don't have this opportunity every day," said Liliana Sanchez, from Colombia.

___

Pedro Figueiredo de Albuquerque de Oliveira Novais, as Fatima's only son, is already thinking about how to expand the mansion's homestay business. He said taking over the family legacy would eventually be his duty, but that the property must sustain itself financially.

Born and raised in Lisbon, the 24-year-old trained as an industrial designer and has already begun overseeing renovations to create more rooms. The homestay currently offers five rooms, each fitted with air conditioners and modern bathrooms.

But maintaining the mansion to its original standards has become difficult, he said. Finding skilled and trustworthy craftsmen to restore antiques and repair the house is harder, with many of India's artisanal crafts dying out.

Still, he plans to retain the hospitality and personal touch offered by his mother and grandmother.

"I never knew a lot of the family," he said, but he wants to maintain the traditions. "I want to keep the experience of having dinner with guests."

___

Follow Vineeta Deepak on Twitter at twitter.com/VineetaDeepak

In this Friday June 2, 2017 photo, Maria de Lourdes Figueiredo de Albuquerque, 87, right, and her daughter Maria de Fatima Figueiredo de Albuquerque walk in one of the rooms of their 427-year-old Portuguese heritage home in Goa, India. The home is a much-loved and lived-in repository of memories tracing to when what is now the west-coast Indian state of Goa was a Portuguese colony. Far from the party beaches and liquor shacks that Goa has become known for, the mansion is now open as both a homestay and a museum, filled with antique furniture and artifacts from the 17th century. (AP Photo/Manish Mehta)

This Friday June 2, 2017 photo shows the back gia chung cu iris garden my dinh of the 427-year-old Figueiredo Mansion, a Portuguese heritage home, in Goa, India. The Figueiredo family of Portuguese diplomats, lawyers and parliamentarians began building the mansion in 1590 as they made their home in Loutolim, a quaint village surrounded by paddy fields about an hour's drive from Goa's airport. Today, three generations of the Figueiredo family live in the house, providing visitors and guests with a personal, living link to history. (AP Photo/Manish Mehta)

In this Friday June 2, 2017 photo, a run-down sign board on the side of the road reads "Casa Museu V.J. De Figueiredo Loutolim" near the 427-year-old Portuguese heritage home in Goa, India. The home is a much-loved and lived-in repository of memories tracing to when what is now the west-coast Indian state of Goa was a Portuguese colony. Far from the party beaches and liquor shacks that Goa has become known for, the mansion is now open as both a homestay and a museum, filled with antique furniture and artifacts from the 17th century. (AP Photo/Manish Mehta)

In this Friday June 2, 2017 photo, Maria de Lourdes Figueiredo de Albuquerque, 87, poses for a photograph in one of the rooms of their 427-year-old Portuguese heritage home in Goa, India. The home is a much-loved and lived-in repository of memories tracing to when what is now the west-coast Indian state of Goa was a Portuguese colony. At 87, Maria de Lourdes Figueiredo de Albuquerque is frail and speaks slowly, admitting her memory is fading. But her eyes light up as she recalls the "many, many parties" hosted in the grand ballroom, with its wall-length mirrors, teak wood floors and Belgian crystal chandeliers. (AP Photo/Manish Mehta)

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American killed in Mexico resort identified as city official

MEXICO CITY (AP) - An American shot dead in a Mexican beach resort has been identified as an official from a Southern California city.

The city of Imperial Beach says in a statement that its Administrative Services Director Doug Bradley was killed Thursday while vacationing in Zihuatanejo, Mexico. The township includes the neighboring resort of Ixtapa. chung cu minh khai The death came the day before Bradley's 50th birthday

Guerrero state security officials had reported Bradley's death Friday without identifying him.

The city's statement said Bradley lived in Mexico and commuted to Imperial Beach. An avid surfer, he had travelled much of the Mexican coast.

The city is working with the U.S. Embassy in Mexico to repatriate Bradley's body.

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While occasionally studios will release a clip or two to help promote their film, Screen Gems has gone all out and released 8 of them

While occasionally studios will release a clip or two to help promote their film, Screen Gems has gone all out and released 8 of them.  Also, while clips are usually 30 seconds to a minute, two of the ones from Country Strong are a few minutes each and feature Paltrow singing the title track Country Strong and one features Hedlund and Meester signing Give in to Me.  If you're curious about how they sound…just hit play.

I hope you enjoyed that little musical teaser I shared with you a couple months ago of Gwyneth Paltrow singing "Country Strong," because now we get a peek at the movie of the same name. Seriously, the whole plot of country-based drama Country Strong seems to revolve completely around this song. Paltrow takes on the role of Kelly Canter, a guitar-strumming superstar who is better known for her trip to rehab rather than her country singing.

Naturally, she finds obstacles on her way back to the top, including the fledgling performer who seems hungry to take her place (Leighton Meester). Her husband is played by actual country star Tim McGraw while cute up-and-comer Garrett Hedlund appears as a talented fellow singer-songwriter who may or may not interfere in Canter's marriage. I have faith in Paltrow as a versatile actress, but some parts of this trailer feel like she's in a Saturday Night Live skit about country singers. And I won't say I'm not still looking forward to it, but I also can't ignore that it comes with a big serving of cheese. Watch the preview and get the twangy song stuck in your head when you read more.

Gwyneth Paltrow presence in Country Strong creates a movie I want to get into and live for the moment, lots of emotional roller-coastering with good music. Gwyneth Paltrow looks great in this trailer. Although the trailer focused on Paltrow, the movie is being promoted at Yahoo about a rising, male singer-songwriter becomes involved with a fallen female country singer as they embark on her career resurrection tour joined by her husband-manager and a young beauty queen-turned-singer. The movie is directed by Shana Feste starring Gwyneth Paltrow, Leighton Meester, Tim McGraw and Garrett Hedlund.

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Credit Suisse: Bitcoin's fair value is almost half its current price

Traders signal offers in the Standard & Poor's 500 stock index options pit at the Chicago Board Options Exchange (CBOE) on August 24, 2015 in Chicago, Illinois.

Scott Olson/Getty Images

Credit Suisse analyst Damien Boey has developed a valuation method for Bitcoin combining two seemingly unique factors.

Those factors are: the size of the bitcoin network, and the yield spread on BBB rated bonds.

The Credit Suisse model settles on a fair value that is "almost half" its current price — around $US6,000.

Credit gia iris garden my dinh Suisse analyst Damien Boey has developed a valuation method for Bitcoin combining two seemingly unique factors: the size of the bitcoin network, and the yield spread on BBB rated bonds.

Bitcoin slumped below $US10,000 overnight 

in the wake of the latest market meltdown,

 

but a short time ago prices had rallied back above $US11,000.

The Credit Suisse model settles on a fair value that is "almost half" that — at $US6,000.

Credit Suisse

To start with, Boey tested the thesis 

put forward by Fundstrat analyst Thomas Lee in November

 

— that Bitcoin increases in value as more people use the network, similar to a social media giant such as Facebook.

Lee said his model — which is based on the number of Bitcoin users and average transaction value — accounted for around 94% of Bitcoin's price gia chung cu iris garden movements over the past four years.

But Boey raised doubts about the statistical robustness of Lee's equation. He said the evidence suggests that sometimes Bitcoin's price leads the number of users, rather than the other way around.

So Boey added an extra feature: He found that Bitcoin prices have a strong negative correlation to BBB credit spreads — the difference between the yield on BBB rated debt US government bonds.

Credit Suisse

"A 1% widening (narrowing) of BBB credit spreads causes a 100 logarithmic point decrease (increase) in Bitcoin's value," Boey said.

"In the extreme, this could imply that leverage has been used to fund Bitcoin investments through time."

"Alternatively, it could simply mean that Bitcoin's valuation is highly sensitive to whatever has driven credit spreads over the past few years (e.g., quantitative easing from central banks)."

In view of that, Boey offered a word of warning to Bitcoin investors, noting that there's significantly more upside risks to credit spreads as global central banks begin to withdraw monetary stimulus.

"Perhaps unwittingly, Bitcoin investors have taken on extremely leveraged positions on credit spread compression," Boey said.

"We believe they ought to be aware of their underlying exposures."

Boey said there was a hint of irony in the fact Bitcoin's mysterious creator — Satoshi Nakamoto — created Bitcoin as an antidote to central-bank controlled monetary gia iris garden my dinh systems prone to manipulation.

However, based on Bitcion's correlation to credit spreads, it appears the quantitative easing programs of global central banks may in fact have served to prop up Bitcoin's value.

Despite that, Boey said central bankers "seem a little threatened" by Bitcoin, highlighting 

RBA Governor Lowe's recent comments calling it a speculative bubble.

If yield spreads widen and regulatory authorities continue to crack down on cryptocurrency usage due to the threats posed by alternative payment systems, then Bitcoin's price may fall significantly further.

Until then, Boey said Bitcoin represents a trading opportunity if investors can find a way to effectively model the dynamics of the market.

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20 nations to consider more North Korea sanctions

Foreign Ministers from participating countries pose for a photo op during the Foreign Ministers' Meeting on Security and Stability on the Korean Peninsula in Vancouver, British Columbia, Canada, January 16, 2018.

REUTERS/Ben Nelms

20 nations agreed to consider tougher sanctions to press North Korea to give up its nuclear weapons.

The delegation also vowed to support renewed dialogue between the two Koreas to ease tensions. 

Still, US Secretary of State Rex Tillerson warned Pyongyang it could trigger a military response if it did not choose a diplomatic option.

VANCOUVER (Reuters) - Twenty iris garden my dinh nations agreed on Tuesday to consider tougher sanctions to press North Korea to give up its nuclear weapons and U.S. Secretary of State Rex Tillerson warned Pyongyang it could trigger a military response if it did not chose negotiations.

A U.S.-hosted meeting of countries that backed South Korea during the 1950-53 Korea War also vowed to support renewed dialogue between the two Koreas "in hopes that it leads to sustained easing of tensions" and agreed that a diplomatic solution to the crisis was both essential and possible.

North Korean leader Kim Jong Un has refused to give up development of nuclear missiles capable of hitting the United States in spite of increasingly severe U.N. sanctions, raising fears of a new war on the Korean peninsula.

The United States and Canada co-hosted the day-long meeting in Vancouver to discuss ways to increase pressure on Kim.

iris garden my dinh U.S. officials have reported a debate within the Trump administration over whether to give more active consideration to military options, such as a pre-emptive strike on chung cu iris garden my dinh a North Korean nuclear or missile site.

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