EU ministers to thrash out bailout plans December 9, 2010 EU leaders will hold a crunch meeting next week to discuss a coordinated plan to tackle the Eurozone debt crisis. Despite signs that volatility in European bond markets is abating, European commissioner for monetary affairs, Olli Rehn, said it was time for Europe to show proper coordination, and throw its weight firmly behind its shared [...]
Monty tips G-Mac for award December 9, 2010 HE marshalled them both in Europe’s Ryder Cup victory over the United States, but Colin Montgomerie admits he favours Graeme McDowell over Lee Westwood in the battle to be Sports Personality of the Year. Montgomerie has heaped praise on Westwood for toppling Tiger Woods from the peak of the world rankings, and has tipped the [...]
Iceland agrees to pay back $5bn December 9, 2010 ICELAND has reached a deal to repay deposits from its failed bank Icesave to the UK and Dutch governments, the negotiating teams said yesterday. Iceland will start the bulk of around $5bn (£3.17bn) of repayments in 2016 and is due to complete in 2046 – a more gradual payment scheme than previously offered by the [...]
Ireland could delay election December 9, 2010 RATINGS agency Fitch slashed Irish debt rating to near junk yesterday, and said the recent bailout exposed a worse than expected financial crisis. Fitch does not expect further downgrades after the new BBB rating. Meanwhile Ireland’s junior coalition partner said it wants its flagship policy proposals passed into law before a parliamentary election is called, [...]
Bankers face a 90pc bonus tax December 9, 2010 IRISH finance minister Brian Lenihan said yesterday he would impose a 90 per cent tax on bankers’ bonuses, in a move to try to silence critics who have said the banking sector drove Ireland into the ground. “I do propose to introduce the amendment to the finance bill to put this matter beyond any doubt [...]
Asian chief joins calls to switch Qatar World Cup to winter December 9, 2010 FURTHER ridicule has been heaped upon Fifa’s decision to award the World Cup to Qatar after one of Asian football’s top officials said there was “no way” the country could host a summer tournament. Qatar was last week picked to stage the tournament in 2022 but questions have been raised over whether the Middle Eastern [...]
Cesc hopeful of facing United December 9, 2010 FOOTBALL: Arsenal captain Cesc Fabregas has revealed he is hopeful of recovering from a hamstring injury in time for Monday night’s clash with Manchester United at Old Trafford. The 23-year-old midfielder has not featured since limping off during the Gunners’ 2-0 defeat at Braga last month. “Hopefully I‘ll be available for Monday,” he wrote on [...]
Sven failed in Beckham swoop December 9, 2010 FOOTBALL: Leicester manager Sven-Goran Eriksson has admitted he failed in an audacious attempt to sign David Beckham. Eriksson, who took charge of the Championship club in October, revealed he contacted the 35-year-old midfielder’s agent over a possible move. He said: “I spoke to David’s agent to see if there was a chance. He said it [...]
Oxford cruise to Varsity win December 9, 2010 RUGBY UNION: Oxford University yesterday beat rivals Cambridge 21-10 to win the 129th Nomura Varsity Match at Twickenham. Cambridge failed to recover from conceding the two first-half tries by Dark Blues backs Alex Cheesman and James Crozier. Fly-half Charlie Marr then scored three penalties and a conversion as Oxford cruised to victory and avenged last [...]
Focus on Tunbridge Wells December 9, 2010 BISHOPS DOWN ROAD Price: £198,000 This one bedroom ground floor apartment is located within the development of Chartwell Lodge. The property is a short walk from the town centre where there are excellent shopping facilities, including the Royal Victoria Place shopping center and leisure centers. Facilities include a fitted kitchen and bathroom, a mirror wardrobe, [...]
