Can be any Genre and any industry i.e. Hollywood, Bollywood, World Cinema.
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That is an impressive list - I have most of the Italian classics you mentioned under my belt except The Night of the Shooting Stars - I will look into this one for my film time
I hope you like it as much as I. I love the Taviani brothers' works. Their anti war movies are stunning and heart rending. Try 'Good Morning Babylon' also. It is superb.
Avatar is the clear winner so let's jump to others. It is personal as we all have our favorites. For me Groundhog Day deserves replacing Casablanca as the #1 classic of all time. I can say that Wizard of Oz and Oz the Great and Powerful win too.
Avatar sucks, I accept that some people like its effects, but definitely not better than The Godfather.