Was it ethical to show gruesome images of the dying dictator Gaddafi?


(ATTENTION EDITORS - VISUAL COVERAGE SCENES DEATH OR INJURY The body of former Libyan leader Muammar Gaddafi is displayed at a house in Misrata October 20, 2011/Thaier al-Sudani)

@7 months ago with 35 notes
#Was #it #ethical #to #show #gruesome #images #of #the #dying #dictator #Gaddafi 

Rapper Tone Loc collapses during concert


Loc’s manager told TheWrap that the rapper — real name, Anthony Terrell Smith — “is exhausted after performing many shows in the last few months.” After a brief hospitalization, however, the “Wild Thing” and “Funky Cold Medina” star “is fine now.”This isn’t the first time that Smith, 45, has succumbed to tour fatigue. In 2009, the rapper collapsed during a Pensacola, Fla., performance. At the time, his manager said that flight delays and heat caused the collapse. In December 2010, Loc was arrested on suspicion of DUI in Los Angeles, though the manager told TMZ that the incident was due to a seizure Smith had suffered.Earlier this month, Smith pleaded no contest to domestic violence and weapons charges, stemming from an alleged June incident with the mother of one of his children. He received one day in county jail, three years’ probation, plus community service and anger-management classes.

@7 months ago with 401 notes
#Rapper #Tone #Loc #collapses #during #concert 

Spain’s Liberbank sells 85 pct of Telecable to Carlyle Group


MADRID Oct 18 (Reuters) - Spanish savings bank Liberbank said on Tuesday it has agreed to sell 85 percent of telecommunications company Telecable to the Carlyle Group, cutting the bank’s stake to 15 percent.No financial details of the sale were provided.On Monday, a source told Reuters that Liberbank planned to raise capital by selling an approximately 70 percent stake in Telecable worth about 300 million euros.Spain has forced its banks — laden with bad debt after a housing bubble burst in 2008 — to merge and raise capital or be taken over by the government.Banks without significant private investment must meet a 10 percent core tier 1 capital ratio.Liberbank, formed by the merger of regional savings banks Cajastur, Caja Extremadura and Caja Cantabria, initially required about 519 million euros to reach the 10 percent target, but had cut this back to about 200 million euros by generating capital organically, the source said on Monday.The Bank of Spain gave Liberbank and one other bank, Banco Mare Nostrum (BMN) more time to raise funds.BMN plans to issue 250 million euros of convertible bonds to meet the central bank’s tough new capital requirements, a source close to the deal said on Monday.

@7 months ago
#Spains #Liberbank #sells #85 #pct #of #Telecable #to #Carlyle #Group 

PRESS DIGEST - British business - Oct 14


Growth forecasts for Germany were slashed on Thursday amid fears that Europe’s largest economy will grind to a near standstill as a deepening banking crisis threatens to plunge the continent into recession.UK DATA EXPOSES SHIFT IN THE PAY GAPWages for public sector staff in the UK have risen by 13 percent more than their private sector peers in the past ten years, but only for those on lower pay grades, according to data released on Friday.BP PLANS UK OIL DEVELOPMENTBP has announced plans for a 4.5 billion pound development of the Clair field, a seven billion barrel superfield off the Shetland Islands.The TelegraphJOE LEWIS BID FOR PUB GROUP SAILS AWAYBillionaire Joe Lewis has withdrawn his 941 million pound takeover attempt for pubs group Mitchells & Butlers , leaving shares down 6.9 percent at 235.3 percentUK REVENUE PURSUES 6,000 SWISS HSBC ACCOUNTSThe British government’s taxation arm, HM Revenue & Customs (HMRC), is withdrawing its amnesty on 6,000 wealthy HSBC customers and demanded they declare taxes due on Swiss accounts or face criminal charges.WSJ MAY UNDO NEWS CORPRupert Murdoch’s News Corporation is facing severe new legal pressure as The Wall Street Journal becomes a lightning rod for widespread anger in the U.S. at the way the company has behaved.The GuardianCARREFOUR SOUNDS ALARM OVER ECONOMYDeepening economic gloom has forced Europe’s biggest retailer, Carrefour , to issue its fifth profit warning this year.The IndependentUK BANKS DOWNGRADED AS STRESS TEST FEARS GROWSigns that the Government has become less likely to support lenders led to another credit rating downgrade for Lloyds and Royal Bank of Scotland on Thursday against the backdrop of concerns that new European stress tests could leave the sector in need of billions of pounds of extra capital.

@7 months ago with 23 notes
#PRESS #DIGEST #British #business #Oct #14