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Political Obituary of Silvio Berlusconi

People argue that some one with the wealth of David Cameron can’t understand the average working man. If this is true, then Berlusconi’s under standing is non-existent. Berlusconi is estimated to be the third richest man in Italy, hardly representative of the common Italian. So how did a man so different to the people sustain such political power and […]

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Murdoch Announces News Ltd CEO And Chairman To Resign

Rupert Murdoch has announced the resignation of John Hartigan from the post of Chairman and CEO of News Limited. Assuming the role of Chairman will be Mr Murdoch himself. The controversial 80-year-old is already Chairman, CEO and dominant shareholder of News Corp. “John’s decision will end a distinguished 41 year career with News in which […]

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Italy’s Failure Set to Plunge the World Back into Recession

Today saw the rate of interest which the Italian government has to pay to lenders hit a record 7%. Many believe this to be the threshold at which borrowing becomes unsustainable. This was certainly the case for Portugal, Ireland and Greece. However, Italy is most definitely a different case to the aforementioned countries. Italy made […]

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Another Day, Another Crisis: Italy in Turmoil

It may be small consolation to the Greek PM, but today’s main crisis doesn’t involve him. Today’s turn for crisis belongs to Italy. Silvio Berlusconi, the PM of Italy, has been a controversal figure in Italian politics for many years and it appears his days in office are severely numbered. Today, he effectively lost control of the lower house in Italy, the UK’s equivalent to the house of commons. This […]

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Prostitutes, Drugs and Cocks: Mexican Police Get More Than They Bargained For in Surprise Inspection

19 prostitutes, 100 plasma televisions and two sacks of marijuana have been found in a Mexican prison after a surprise inspection. Inspectors also found six women living within the male section of the jail as well as 2 peacocks and bottles upon bottles of alcohol. The inspection also found over 100 cockerels in the prison that were used […]

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Greece Looks to Coalition Deal to Restore Political Stability

Greece has announced that a new coalition government shall be formed. This is despite the fact that the PM, George Papandreou, survived a vote of no-confidence.  He was under no obligation to pursue the formation of a coalition government but felt it was the best course of action for Greece. This coalition agreement raises two questions. What is the nature of the coalition? […]

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Death Toll Rises to 506 As Floods Ravage Thailand

506 people are now confirmed dead as Thailand suffers its worst flooding for over half a century. Polluted black water, which has tore through large parts of Thailand, has now reached the outer neighbourhoods of the capital, Bangkok Thailand has been battered by heavy since the end of July. The flood water has begun to […]

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Round-Up of Today’s Major News

There have been multiple gun and bomb attacks in a northern town of Nigeria. An Islamist militant group called Boko Haram has claimed credit for this appalling offense. The death toll is believed to be 63. RBS and Natwest customers have been unable to access their online banking facilities due to maintenance work being preformed by RBS. However, RBS claim they have  a good understanding of the issue and […]

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G20 Has Limited Success

The G20 have met in Cannes in hope of providing strong leadership in the troubled times the world currently faces. The G20 is made up of the 20 most powerful nations in the world, including powerful developing nations such as Brazil and India. The leaders of the set countries spend a huge amount of time exercising their diplomatic muscles in the hope that an […]

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Greece Faces its Darkest Hour

As the night comes in Athens the rumours continue on the imminent departure of PM, George Papandreou. A combination of international and domestic pressures have put a huge amount of stress on the office of the PM. At home, members of the government are furious that he is risking Greece’s membership not just of the euro zone […]

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