Friday, February 29, 2008

Ex-British premier "For Sale"
by Zuzana Zelenakova


Anthony Charles Lynton Blair has served as Prime Minister of the United Kingdom from May 1997 to June 2007. But if you think he might long for peace and quiet existence after ten years in high politics you are gravely mistaken. After resigning as British PM he was appointed as Middle East Envoy for the United Nations, United States, European Union and Russia. He spends a lot of time in Jerusalem working unpaid with full-time staff of 12 people. It was confirmed this month that Blair will also act as a part-time senior advisor to investment bank JP Morgan Chase. He will advise to Swiss insurance firm Zurich as well. Blair admitted himself he could very well go on like that and accept even more similar posts as he got used to "tremendous load" as PM .He earned over â≠€7 million this year alone. Some say his need for money is due to the fact he has a â≠€3.5 million mortgage for London townhouse to take care of. Anyway, one thing is certain, Blair is on good way to become the richest ex prime minister in history. According to the media, Blair even aspires to become the first President of the European Council. We can very well call the post "President of Europe".

related story: http://uk.news.yahoo.com/afp/20080131/tpl-britain-politics-blair-5b839a9_1.html

by Zuzana Zelenakova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by Federica Paddeu

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Winston's Little Army online
by Sandra Stoklaskova


If you are interested in history, soldiers or both of it, if you are interested in First World War and affairs from those times, we have great news for you. The stories of common soldiers are being broadcasted online, for the first time for public audience.Ancestry.co.uk published on their website the records of more than 10,000 Naval servicemen who were fighting neck and neck with Army during the First World War. These records include letters, diaries and memoires that bear testimony to life and also death of a legendary fighting force called "Winston's Little Army".The records document date, burial location and the reason of the death of 10,200 servicemen fallen from 1914 to 1918. Considerable part of them, approximately 1,000, died On April 28 in 1917 during the fight for Gavrelle windmill. This day is judged as the bloodiest day in the history of Royal Marines."The Royal Naval Division were considered to be real crack troops and their exploits have most certainly become legendary, making this collection an important resource for anyone interested in World War One history," said Simon Harper, managing director of the Ancestry.co.uk website.He also remarked, that these records provide not only fascinating insight into the lives of soldiers on the Western Front, but more importantly they are for many the only record of a serviceman's death and burial, helping to preserve the memory of Winston's Little Army for generations to come.Thanks to the technology of these days all of us can find out more about the history and about the lives of these amazing servicemen.

related story: http://uk.news.yahoo.com/skynews/20080131/tuk-winston-s-little-army-goes-online-45dbed5_1.html

by Sandra Stoklaskova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by Federica Paddeu

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Thursday, February 28, 2008

Olivant's  Black Horse Out Of The Game
by Milota Sidorova


After six month running British bank Northern Rock' s auction, one of the most serious candidates, Olivant Investment group, announces a withdrawal.The problems in the credit markets caused by US subprime mortage financial crisis induced Northern Rock, situated at Regent Centre near Newcastle upon Tyne to proclaim a bankruptcy, on September 14, 2007. Olivant, as a nominal candidate was expected to increase the rise of declining Northern Rock up to the 650 million pounds by issuing new shares in the bank. The current value of the bank has plunged to less than 0,53 billion pounds, that is less than a tenth of its initial last year.Luqman Arnold, current chairman of Olivant Investment group declared that despite of intensive work they had been unable to formulate a value creation proposal, which met their investment criteria, while respecting (the British government's) proposed financing terms and the interests of other stakeholders in the company.Just few minutes after a surprising decision, a leader of Virgin consortium, Richard Branson advanced its plans, according that, the bank would gain an injection of 1.25 billion pounds, whilst coming under the Virgin co. Following Brian Pitman, the potential bank leader acclaim, Virgin just 'seeks to stabilize the company and rebuild it as a trusted and thriving institution under its brand with a long-term future'.On the other side, the question, if Northern Bank should be nationalized is still unclear. Despite of last month' s government decision to keep the Northern Rock in a private sector, one of the real possibilities is to buy a share, having lent the bank about 25 billion pounds in emergency funding to keep it afloat.

related story: http://news.yahoo.com/s/afp/20080204/bs_afp/britainbankingfinancecompanytakeovernorthernrock_080204175135;_ylt=AoXlzru84vF0W_alM7RxCTCs0NUE

by Milota Sidorova
for PocketNews (http://pocketnews.tv)


PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.

These news are brought to you by CantellTV, its technology partner SigEx Telecom and its founder Chris Cantell. CantellTV is the fastest growing provider of digital broadcasting coupled with enhanced communications, allowing people to easily control, view, upload and share digital content through proprietary interface. CantellTV has relationships with a growing network of international clients delivering millions of videos per day with more than 50,000 new videos uploaded and 200 hours of new TV shows broadcasted daily to a wide range of viewers, from 5 to 7 year olds of LiveCartoons; to 16 to 24 year old active social users of MyJumps; to fortune 50 corporate clients utilizing enhanced broadcasting services. CantellTV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers. Chris Cantell retains consulting arrangements with several pre-IPO companies.

Edited by: Katarina Bosanska

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Tuesday, February 5, 2008

Olivant's Black Horse Out Of The Game
by Milota Sidorova


After six month running British bank Northern Rock' s auction, one of the most serious candidates, Olivant Investment group, announces a withdrawal. The problems in the credit markets caused by US subprime mortage financial crisis induced Northern Rock, situated at Regent Centre near Newcastle upon Tyne to proclaim a bankruptcy, on September 14, 2007. Olivant, as a nominal candidate was expected to increase the rise of declining Northern Rock up to the 650 million pounds by issuing new shares in the bank. The current value of the bank has plunged to less than 0,53 billion pounds, that is less than a tenth of its initial last year. Luqman Arnold, current chairman of Olivant Investment group declared that despite of intensive work they had been unable to formulate a value creation proposal, which met their investment criteria, while respecting (the British government's) proposed financing terms and the interests of other stakeholders in the company. Just few minutes after a surprising decision, a leader of Virgin consortium, Richard Branson advanced its plans, according that, the bank would gain an injection of 1.25 billion pounds, whilst coming under the Virgin co. Following Brian Pitman, the potential bank leader acclaim, Virgin just 'seeks to stabilize the company and rebuild it as a trusted and thriving institution under its brand with a long-term future'. On the other side, the question, if Northern Bank should be nationalized is still unclear. Despite of last month' s government decision to keep the Northern Rock in a private sector, one of the real possibilities is to buy a share, having lent the bank about 25 billion pounds in emergency funding to keep it afloat.

related story: http://news.yahoo.com/s/afp/20080204/bs_afp/britainbankingfinancecompanytakeovernorthernrock_080204175135;_ylt=AoXlzru84vF0W_alM7RxCTCs0NUE
by Milota Sidorova
for PocketNews (http://pocketnews.tv)

PocketNews is a new real-time news broadcaster delivering the latest and hottest news right to your pocket ! With global clients who want to be kept up to date, PocketNews is everyone's way of keeping in touch with the World.