Lawrence Ferlinghetti, the last great poet of the Beat generation who helped to establish the counterculture movement of 1950s America, has died aged 101.
His famed San Francisco bookstore and publishing house, City Lights, announced his death on Tuesday.
"We love you, Lawrence," City Lights posted on Twitter, saying that Ferlinghetti died on Monday.
Born in 1919, the New York native took part in the D-Day landings of the Second World War and saw the horror of atomic-bombed Nagasaki before moving to San Francisco and co-founding City Lights in 1953.
The bookstore became the outlet of Beat expression, a meeting point for its free-wheeling poets and, two years later, the first publisher of its leading authors including Jack Kerouac, Gregory Corso, William S Burroughs and Allen Ginsberg.
Ferlinghetti released his own volume, A Coney Island of the Mind, in 1958. The collection sold more than a million copies and established him as a major poet in his own right.
The year before, he was arrested on obscenity charges for publishing Ginsberg's Howl, considered an anthem of the disaffected Beat generation but criticised as explicit. Ferlinghetti was acquitted in a highly publicised trial at which the judge ruled Ginsberg's work was "not ... without redeeming social importance".
"The Howl trial really put us on the map in the literary world," Ferlinghetti said in an interview published on the City Lights website in 2018.
The bookshop endured as a literary landmark and even a tourist destination.
To celebrate Ferlinghetti's 100th birthday, its storefront displayed a line from his manifesto Poetry as Insurgent Art (2007): "Paper may burn but words will escape."
Asked by NPR, on the occasion of his 100th birthday, for the secret to his longevity, he quipped: "Have a good laugh and you'll live longer."
"Lawrence gets you laughing, and then hits you with the truth," film director Francis Ford Coppola said, in a blurb on the City Lights website.
The bookstore said Ferlinghetti "continued to write and publish new work up until he was 100 years old, and his work has earned him a place in the American canon".
"His curiosity was unbounded and his enthusiasm was infectious, and we will miss him greatly," the shop said in a statement on its website.
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If you go
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am