BBC News – Eurozone Finance Ministers Agree Deal On Greece Bailout – 27 November 2012

Eurozone finance ministers and the IMF have reached a deal on an urgently needed bailout for debt-laden Greece.

They have agreed to cut debts by 40bn euros ($51bn; £32bn) and have paved the way for releasing the next tranche of bailout loans – some 44bn euros.

BBC News – Former Goldman Sachs Board Member Jailed For Two Years – 25 October 2012

Rajat Gupta described the guilty verdict as “devastating”

A former Goldman Sachs board member who was found guilty of four criminal counts of insider trading has sentenced to two years in jail.

BBC News – Nigeria Oils Spills: Dutch Case Against Shell Begins – 11 October 2012

(Picture : The Nigerian farmers and their legal team argue that Shell could have prevented the spills)

Continue reading the main story

Nigeria’s Deadly Delta

Representatives of Anglo-Dutch oil giant Shell are appearing in a Dutch civil court to face accusations of polluting Nigerian villages.

The case is being brought by four Nigerian farmers and the Dutch branch of campaigners Friends of the Earth.

BBC News – Greece Set For Anti-Austerity General Strike – 26 September 2012

Trade unions in Greece have called the first general strike since the conservative-led coalition government came to power in June.

Wednesday’s 24-hour walkout is to protest at new planned spending cuts of more than 11.5bn euros ($15bn; £9bn).

The savings are a pre-condition to Greece receiving its next tranche of bailout funds, without which the country could face bankruptcy in weeks.

Large anti-austerity demonstrations are also planned.

Read the whole story at : http://www.bbc.co.uk link to original article

BBC News – Moody’s Lowers EU Rating Outlook To Negative – 4 September 2012

Moody’s has lowered its outlook for the European Union’s AAA credit rating to “negative” and warned that the bloc’s rating could be downgraded.

It said the move reflected the negative outlook for the ratings of the EU’s key budget contributors.

Earlier this year, Moody’s put ratings of Germany, France, Netherlands and the UK on a negative outlook.

BBC News – Greece Bailout: Merkel And Hollande In Extension Talks – 23 August 2012

The leaders of Germany and France are set to hold talks in Berlin on whether to give Greece more time to make the cuts required by its debt bailout.

German Chancellor Angela Merkel and French President Francois Hollande will also meet Greek Prime Minister Antonis Samaras later this week.

Meeting Mr Samaras yesterday, eurozone chief Jean-Claude Juncker kept the door open for a change to the bailout terms.

Read the rest of the story at:  http://www.bbc.co.uk link to original article

BBC News – Julian Assange Expected To Make Statement – 19 August 2012

Julian Assange is expected to make a public statement later on the diplomatic row that has engulfed him since being granted asylum by Ecuador.

Wikileaks says its founder is to speak outside the Ecuadorean embassy in London, where he has been since June.

Libor Scandal : Seven Banks Summoned In US Probe – 16 August 2012

Barclays was fined for trying to manipulate the Libor rates

Seven banks, including HSBC and Royal Bank of Scotland, are to be questioned in the US for alleged manipulation of the Libor inter-bank lending rate.

The other banks receiving subpoenas by the New York attorney general are Barclays, Citigroup, Deutsche Bank, JPMorgan and UBS.

BBC News – Sean FitzPatrick Is Third Ex-Anglo Irish Bank Executive To Be Arrested In 24 Hours – 24 July 2012

Former Anglo Irish Bank chairman Sean FitzPatrick has been arrested at Dublin airport

The former head of Anglo Irish Bank, Sean FitzPatrick, has been arrested by Irish police in connection with alleged financial irregularities at the bank.

Mr FitzPatrick has been appearing in court in Dublin.

He is the third former senior executive from Anglo Irish Bank to appear in court within the past 24 hours.

All three men face 16 charges in relation to an alleged failed attempt to prop up Anglo’s share price after a stock market collapse.

http://www.bbc.co.uk/news link to original article

BBC News – Rupert Murdoch Resigns As News International Director – 22 July 2012

Rupert Murdoch has resigned from a string of directorships controlling his News Corporation’s UK newspapers.

Mr Murdoch, 81, quit directorships at NI Group Ltd, NewsCorp Investments and Times Newspaper Holdings on Friday.

News Corp plans to split into two firms, separating its newspaper and book publishing interests from its now dominant TV and film enterprises.

Read the whole story at http://www.bbc.co.uk/news link to original article