Facebook App Lets You Add Enemies Online

 

Forget friending. A new Facebook app allows users of the social network to identify and share people, places and things as “enemies” for all to see. The app, called EnemyGraph, lets you list anything with a Facebook presence — ranging from “friends,” to foods, to products, movies or books — as an enemy. Since the app launched March 15, it’s seemed to appeal especially to users with a liberal bent. Some of its most-selected nemeses so far include Rick Santorum, Westboro Baptist Church and Fox News. The app was developed by a professor and two students at the University of Texas at Dallas. Dean Terry, who directs the school’s emerging media program, helped conceptualize the project, while graduate student Bradley Griffith and undergraduate Harrison Massey built the app. Griffith said EnemyGraph has so far accumulated some 400 users. But more importantly, its creators say, press coverage has helped meet the team’s goal of sparking a larger conversation about the nature of social media and Facebook in particular. “One thing that has always struck me is the enforced niceness culture,” Terry told Mashable. “We wanted to give people a chance to express dissonance as well. We’re using the word enemy about as accurately as Facebook uses the word friend.” But the app has utility beyond simply sparking a philosophical debate, Terry adds. Researchers and marketers have long gathered information on social media users based on what they support, but at the expense of possibly overlooking another valuable data source. “You can actually learn a lot about people by what they’re upset about and what they don’t like,” Terry says. “And the second thing is that if you and I both don’t like something, that actually creates a social bond that hasn’t been explored in social media at all, except with Kony and some big examples like that.” Terry and Griffith teamed up last year to create Undetweetable, a service allowing Twitter users’ deleted tweets to be uncovered posthumously. That project gained some attention as well but Twitter quickly forced it to shut down. Terry wouldn’t be surprised if EnemyGraph meets a similar fate from Facebook. “My guess is it goes against their social philosophy and purpose,” he says. “It is a critique of their social philosophy for sure.” Do you like the EnemyGraph idea? Let us know in the comments.

Read More

socially disruptive narcissists More Facebook Friends You Have, the More Unhappy You Are

 

A  study has discovered a direct link between the number of friends you have on Facebook and how much of a “socially disruptive narcissist” you are—giving us one more reason to tone down our Facebook addictions. Researchers at Western Illinois studied 294 college students and found that those with more friends on Facebook tended to score higher on the Narcissistic Personality Inventory questionnaire. They tended to respond more aggressively to comments, change their profile pictures more often, and updated their news feeds more regularly than others. This may not be all that surprising, but it does provide a bit of motivation to re-evaluate what Facebook does for you, if you fit into one of these categories (and if not, at least you can stop feeling bad about not having very many Facebook friends—it’s probably a good thing). None of this is to say Facebook is inherently bad, of course. It’s still a great way to keep in touch with family and friends, especially after you’ve fixed all of its annoyances—you might just want to dial back on all the photo tagging. While you’re at it, you can also move some of those friends to your Acquaintances list using Facebook’s new tool, which will hide them from your news feed more often.

Read More

Iberia Express takes off on Sunday

 

The new low-cost airline, Iberia Express, takes off on Sunday with launch prices from 25 €. The airline, which has been the focus of protests, twelve so far, from SEPLA pilots in the main airline, will start with four routes from Madrid – to Palma de Mallorca, Alicante, Málaga and Sevilla. The inaugural flight will be between Madrid and Alicante. There will also be 45 € flights to the Canary Islands which start in June and 59 € flights to European destinations which will start between June and September. The there will be 17 routes. Iberia Express will operate four Airbus A320, a number which will progressively increase to reach 13 craft by the end of the year. The CEO, Luis Gallego, has promised the same quality of service as Iberia. Tickets go on sale next week on www.iberiaexpress.com

Read More

Woman who is promoting a cannabis plantation in Catalan village is arrested

 

The woman who recently put forward the idea of the creation of a cannabis plant in the village of Rasquera in Tarragona, has been arrested for alleged drug trafficking in Barcelona. The regional police, Los Mossos d’Esquadra, recovered 1.3 kilos of marihuana worth 5,700 €. The arrested woman is a manager on the Barcelona Self-Use Cannabis Association and four workers in the group have also been indicted. Meanwhile back in the village a referendum is to be held on April 10 to decide on the plantation. The Mayor, Bernat Pellisa, said political pressures will not influence the final decision of the Town Hall, and noted the coverage of the story was as if they had spent 2.4 million € on advertising.

Read More

General Strike minimum services agreed for transport

 

After ten hours of talks, the Ministry for Development has reached agreement with the unions on minimum transport services during the General Strike on March 29. They are almost identical to the minimum services during the last General Strike in 2010. Trains – Cercanias – Local lines 25% off peak, and 30% in peak times between 6and 9am Long Distance train services over 500 kms – 20% of normal levels. AVE and long distance trains will see 20% service. Airports – 1,240 flights would take place on a normal day, but the 29th will see 10% of national flights, 50% of flights to the Canaries and Baleares from the mainland, and 20% of flights with destinations in the E.U. International flights outside Europe will see 40% services. It is hoped that more detailed will be available for each airline and flight shortly. Coach – Services will be 25%. Ferries – between 50% and 100% for routes between the Baleares and the mainland, and 100% between the mainland, Melilla, Canaries and Ceuta. Coastguard services will not be affected. After the meeting the Secretary of State for Transport, Infrastructure and Housing, Rafael Catalá, said he was satisfied with the agreement. He said a balance between the right to strike and the services for the citizens was guaranteed. Secretary General of the Public Services of the CCOO union, Enrique Fossoul, said the 2010 stoppage levels were now acting as a precedent for this time round.

Read More

Ryanair adds six Euro surcharge to tickets purchased in Spain

Ryanair is to introduce a six Euro surcharge on all flights purchased in Spain from April 15. This will appear as ‘coste de gestión’ (management charge) and will be added to the final ticket price with the rest of the charges. The charge is a strategy to promote the airline’s new Ryanair Cash Passport, a MasterCard debit card which will give passengers, yes you got it, a six € discount. The card also can be used to take money out of cash machines and to make purchases in stores. Michael O’Leary used the launch of the card to encourage Spanish consumers to get a card ‘As quickly as possible to save the management costs’.

Read More

As the star of the Fast and the Furious film franchise, it is safe to say that Vin Diesel is a man who likes his boys' toys.

So his choice in on-set accommodation doesn't come as much as a surprise. The actor has allowed cameras into his jaw-dropping $1.1million trailer.

The enormous, 1100 square-foot vehicle is the 44-year-old star's home away from home when he is filming his action blockbusters.

Home away from home: Vin Diesel has allowed cameras inside his $1.1million custom-designed trailer

Luxurious: The trailer features an enormous living area where the movie star can relax in between filming scenes for his blockbuster movies

Fit for a king: Diesel ensures he feels at home in his mansion-on-wheels

The two-storey gold monster has followed Vin around the world. At the moment it is residing on the set of The Chronicles of Riddick: Dead Man Stalking, which the actor is currently filming.

It was even shipped to Puerto Rico where he filmed the latest Fast and the Furious installment.

The spacious trailer has a pop up top floor and features granite countertops in the kitchen.

$70,00 worth of technology, including 3D flat screen TVs and Blu-Ray, keep the actor entertained during those long hours in between scenes.

As well as a media lounge, Diesel also has a private office space and had part of the upstairs turned into a special play area for his kids. 

The luxurious trailer was created by Anderson Mobile Estates, who have been commissioned by Mariah Carey, Sharon Stone and Will Smith to make vast vehicles to their extravagant specifications.

Vin's $1.1million trailer is nothing on Smith's whose $2million mansion-on-wheels had to be removed from a New York street during filming of Men In Black 3 after attracting complaints from residents.

Ashton Kutcher also calls one of Anderson's trailers home on the Two and a Half Men set.

Sit back and enjoy the view: Vin's trailer features windows that run the length of the vehicle

Keeping an eye out: High-tech surveillance cameras guard overt he pricey trailer

Vin is currently filming the Chronicles of Riddick  film after providing the voice for the video games.

The big screen adaptation sees Riddick fighting against alien predators after being abandoned on a desolate planet.

The sci-fi thriller is due for release next year, while yet another Fast and the Furious film is in the pipeline. It will be the sixth in the franchise, and Diesel's third.

 

Perfect for Fast and the Furious movie nights: A huge TV screen and surround sound are on display, while the whole trailer is controlled by a central system (remote pad seen on bench)

Read More

Serbian mafia 'put gangster in mincer and ate him for lunch'

Gang that assassinated Serbian prime minister admits making 'face mask' out of member's skin

A GANGSTER who helped orchestrate the Serbian prime minister's assassination in 2003 was allegedly made into a stew and eaten by his associates after falling out with his gang leader.
 
Police believe Milan Jurisic (above) was beaten to death with a hammer, skinned and boned with a sharp knife and then put through a meat grinder at a flat in Madrid in 2009.
 
The Zemun clan, a notorious faction of the Serbian mafia that once had connections with the Serbian government, police and media, allegedly made a face mask from Jurisic's skin before turning him into stew and eating him for lunch.
 
It apparently took the gang five days to clean up what is being described as "the house of horrors".
 
Sretko Kalinic, nicknamed 'The Butcher' and known as the gang's hitman, confessed to the crimes when he was arrested in Croatia last year, according to the Daily Mail. Kalinic admitted that he "literally dismembered" Jurisic and then threw his remains into Madrid's Manzanares river.
 
This week, Spanish officers discovered documents at the scene of the crime supporting The Butcher's account. They also found 50 bones in the river and are currently awaiting identification from forensics.
 
Jurisic was one of 12 men found guilty of arranging the 2003 murder of Prime Minister Zoran Djindjic, who was killed by a sniper as he approached a government building in Belgrade.
 
Jurisic was on the run when he was murdered, having been convicted in his absence to 30 years' jail by the Belgrade Special Court for Organised Crime.

It is believed Jurisic had fallen out with the leader of the Zemun cklan, Luka Bojovic, either over money or a woman.
 
As the BBC reports, Bojovic himself was arrested in a restaurant in Valencia, Spain last month, wanted for more than 20 murders in Serbia, the Netherlands and Spain. He is also suspected of involvement in the 2003 assassination. · 

Read More

Spain moves toward freedom of information law

Freedom of information in Spain came one step nearer Friday after the recently-elected government agreed to introduce a bill in response to widespread disgust over corruption and mismanagement by elected officials of both main political parties. The country's Cabinet agreed to put forward legislation that will allow Spaniards to find out more about how their money is spent by government. Spain, which is struggling to get its public finances under control, is one of Europe's few countries without wide-ranging freedom of information legislation. "It is a law whose main goal is improve the credibility of and trust in our institutions, especially government ones," Deputy Prime Minister Soraya Saenz de Santamaria said. The legislation will take months to come into effect, after an unprecedented 15-day period in which the general public can make suggestions on what should be accessible to them and how the law should work. After that, the bill has to be go through normal Parliamentary procedures. Though the salaries of the prime minister and government ministers are already public information, as are the national budget and much other money-related data, not all of it is easy to access. But under the new bill, information on subjects including senior public servants' salaries and detailed data on government contracts and subsidies will be published online. Spaniards will also be able to file requests for other kinds of information providing it does not breach national security or personal privacy. The goal of the new law is to make public officials at all levels much more accountable for how they spend taxpayer money. People will be able to get information just by the click of a mouse. "It is a law that tries to give rigor to compliance with budget and financial obligations that were unknown until now, but will serve to restore credibility to all levels of government," Saenz de Santa Maria said. News of the Cabinet's support for a package that should make for more open government comes as the country struggles to avoid the same fate as other indebted European countries. The newly-elected conservative government is trying to convince investors that it has a strategy to deal with its debts so it won't follow Greece, Ireland and Portugal in needing a bailout. Concerns have swelled recently after figures showed the country's borrowing last year was way more than expected, due in large part to overspending by regional governments but also because the economy is shrinking and laying siege to tax revenues. And a new code of good governance included in the law will make it easier to fire government officials — and ban them from serving anew for up to 10 years — if they do things such as fail to set or meet deficit-reduction targets under a balanced budget law, planned for 2020.

Read More

Spain's Iberia starts low-cost airline

Spanish carrier Iberia on Friday launched a new low-cost airline, Iberia Express, which aims to claim a stake in the highly competitive no-frills sector of the European market. The new airline is part of a plan by parent company International Consolidated Airlines Group to increase profitability after the merger of its component parts, British Airways and Iberia. Iberia Express will initially cover Vigo, Santiago and Granada on Spain's mainland and its island destinations of Minorca, Ibiza, Fuerteventura, Lanzarote and La Palma. It will expand internationally to Ireland, Italy, Greece, Latvia and Netherlands, chief executive Luis Gallego said at a news conference. "The containment of costs will allow Iberia Express to grow and compete with the low-cost operators," said Gallego, adding that although the new airline will be managed independently, it will employ Iberia's maintenance and other services. Inaugural flights will take off Sunday, although the company's website was not up and running Friday afternoon. Prices begin at (euro) 25 ($33) one-way with a surcharge for checking in luggage and booking seats in advance. The new company employs 500 staff and has a fleet of four Airbus 320 planes, although there are plans to increase this to 14 aircraft by the end of the year and up 40 by 2015. The airline is the subject of a protracted labor dispute between Iberia Lineas Aereas de Espana SA and Spain's main pilots' union, Sepla — which held 12 days of work stoppages in December and January to protest the low-cost airline. Sepla pilots argue Iberia Express would mean job losses among the 1,600 pilots who work for the main airline — a claim disputed by Iberia. Sepla had announced nine days of strikes in April and May but called them off following government mediation and has agreed to negotiate further with Iberia.

Read More

800 'jet-set' extras needed

 

Oscar-nominated director Danièle Thompson is looking for 800 men and women to play Saint Tropez’s jet-set elite in her new feature-length production. So if you are keen to be on the big screen, head to Cogolin next week for your chance to be in the limelight! Thompson’s up and coming film ‘People who kiss’ (Des gens qui s’embrassent) needs an extras cast made up of almost one thousand men and women between the ages of 18 and 65. “Sexy, fashionable, elegant... that’s what we’re looking for,” said Thompson, who assures that previous experience isn’t necessary. Over five days of casting, Thompson and her team will whittle down an expected 3,000 applicants to just 800, who will make up the audience of a classical music concert. To register for auditions, head to the Maurin des Maures culture centre in Cogolin from Monday 26th until Thursday 29th. The selection process will begin on Saturday at 10am. All you need to do is turn up looking fabulous! The two days of filming are scheduled to take place sometime between 21st May and 8th June this summer.

Read More

18 Best Places to Retire Overseas

When choosing a place to spend your retirement years, the cost of living is important. But it is only one consideration. The ideal retirement spot is a place where you can live a rich life filled with friends, travel, discovery, physical and intellectual distractions, and opportunities for growth. A super-low cost of living is great, but more important is the quality of life your retirement budget is buying you. Many of the best options for enjoying an enormously enriched retirement lifestyle on even a very modest budget can be found overseas. Here are the world’s 18 top retirement havens, where an interesting, adventure-filled lifestyle is available for a better-than-reasonable cost. The Americas 1. Panama. Panama is the world's top retirement haven. Panama City no longer qualifies as cheap, but other spots in this country certainly do. Panama continues to offer the world's gold standard program of special benefits for retirees. The currency is the U.S. dollar, so there is no exchange rate risk if your retirement savings and income is in dollars. The climate in Panama City and on the coasts is tropical, hot, and humid. However, the climate in the highlands can be temperate and tempting. Panama is the hub of the Americas, meaning it's easily accessible from anywhere in North and South America and Europe. 2. Belize. Belize is a great place for reinventing your life in retirement. This tiny, under-developed, sparsely populated country offers two distinct lifestyle options: Ambergris Caye is the best of the Caribbean at a discount, while the Cayo is a frontier where independent-minded pioneers can make their own way and do their own thing, peacefully and privately. The climate is tropical, warmer on the coast, and cooler in the mountainous interior. The official language is English, so there’s no foreign language barrier for Americans. You’ll find a well-established and welcoming community of expats in San Pedro and on Ambergris Caye, and an emerging community of expats in the Cayo around San Ignacio. 3. Colombia. Medellin, a city of springtime and flowers, is the unsung jewel of Colombia. This city is pretty, sophisticated, cosmopolitan, safe, and affordable. Perhaps the most appealing advantage in Medellin is the cost of real estate. It's an absolute global bargain. You can buy property in a good neighborhood for as little as $1,000 per meter. Medellin’s second biggest appeal is its climate, which is spring-like year-round, thanks to the high elevation. Medellin is a more developed city than you might imagine, with five of the best hospitals in Latin America, universities, museums, art galleries, and an efficient and reliable metro system. It also has international-standard shopping and many interesting nightlife options. If you fancy Paris or other Continental city choices, but don't want or can't afford Europe, I strongly recommend you take a look at Medellin. This city is one of the best places in the world to hang your hat. 4. Uruguay. It seems that the more troubled the rest of the world becomes, the more people are finding appeal in Uruguay, a stable commodity-based economy with a sound banking system. Uruguay is neither an aggressor nor a target of aggression in the world arena, and it's not a high-stakes player in world politics. Costs have risen in recent years thanks to the strength of the Uruguayan peso and the sinking value of the dollar. But, even as the cost of living and of real estate rose, Uruguay has become even more popular as a lifestyle and retirement destination. Accordingly, people are coming to Uruguay in record numbers, with residency applications up over 300 percent since 2007, many of these coming from the United States. 5. Ecuador. Ecuador is perhaps the best choice in the Americas for a retiree looking to enjoy a rich and interesting quality of life on a limited budget. I recommend Cuenca, the former Inca and Spanish capital, a current UNESCO World Heritage Site, and the intellectual heart of Ecuador. Cuenca is home to about 1,500 full-time residents from North America. This is not a big number compared with some more recognized Mexican retirement choices, but Cuenca clearly qualifies as an expat-friendly city, offering one of the most interesting retirement lifestyles available anywhere. Amenities include theater, orchestra, shows, restaurants, broadband Internet service, reliable electricity and telephone, and drinkable tap water. Cuenca’s appeal as a retirement haven is expanding in important ways, thanks to a recently developed program promoting the city as a medical tourism destination. The city's five top hospitals have joined together to offer bundled programs of medical tests, procedures, and services available for from $66 to $401. Costs for comparable services in the United States would be multiples of these amounts. In addition, Cuenca is now offering nursing care of a standard suitable for and appealing to the expat retiree at a cost of just $450 per month, including 24-hour doctor and nurse attendance, food, laundry, personal care, and occupational and rehabilitative therapy. 6. Nicaragua. Another top choice for a retiree with a very limited budget is Nicaragua. This country’s Pacific coastline is every bit as dramatically beautiful as that of neighboring Costa Rica. Infrastructure is under-developed in both countries, but the cost of living and especially real estate are noticeably lower in Nicaragua, making the pot-holed roads easier to bear. Nicaragua also boasts two of the top Spanish-colonial cities in the Americas: Granada, a pretty and romantic city that everyone should see once, and Leon. Both places were founded in the early 16th century by Cordoba. 7. Roatan, Honduras. I’m not a big fan of mainland Honduras, which is under-developed and, in some places, unsafe. However, the Bay Island of Roatan is a world apart and one of my two top picks for affordable retirement in the Caribbean (the other is Ambergris Caye, Belize). 8. Argentina. Argentina is a dynamic and charming nation that rides perpetually between crisis and boom. This rich country boasts abundant natural resources and offers many appealing retirement lifestyle choices, including the eclectic and cosmopolitan neighborhoods of Buenos Aires, the provincial capitals, a finca in the countryside, and a boutique vineyard in Mendoza. Retirement life in Argentina could be many things, but never dull. The downside is a rising cost of living, thanks to local inflation and the falling value of the U.S. dollar versus the Argentine peso. 9. Mexico. This is historically one of the most recognized retirement havens for Americans. But Mexico today is suffering from a lot of bad press thanks to its drug wars. However, Mexico is a big country, and the drug goons haven’t overtaken it entirely. It continues to offer some of the best coastal lifestyle and retirement options in the Americas, including Puerto Vallarta, my number-one choice for an affordable life of luxury on the Pacific. A couple could enjoy a a five-star retirement in this beautiful and romantic coastal town of marinas, golf courses, yacht clubs, and fine dining on a budget of as little as $2,500 per month. 10. Chile. Chile is a developed, First World destination that is also quiet, safe, and stable. Unlike its more scandalous neighbor, Argentina, Chile offers a cultured, comfortable lifestyle that is relatively calm. Santiago is a city of classic-style architecture, cobblestoned streets, and cafes with outdoor seating, in many ways reminiscent of Paris or Barcelona. This city of 7 million is also remarkably clean and friendly and boasts a diverse and expanding property market that is affordable on a global scale. You could own property at some of the city’s best addresses for less than $2,000 a meter. One important downside to retirement in Santiago is the air pollution, which is a serious problem, especially during the winter months. A better option could be the country’s beautiful Lake District to the south of Santiago, which is a favorite retirement choice among Chileans themselves. Europe 11. France. France is a land of superlatives. Its capital has been called the most beautiful, most romantic, and most touristed city on earth. It also boasts some of the world’s best wines, cheeses, restaurants, shopping, castles, gardens, parks, beaches, museums, cafes, galleries, vineyards, and architecture. The typical concern for anyone who has ever dreamed of a new life in France is that it's too expensive for the average retiree to consider seriously. Not so. Paris isn't cheap. But elsewhere in France you can find realistic options, even if your retirement budget is modest. Perhaps the most retirement friendly region in this country is in the southwest, north of Spain, where small country towns offer a way of life that is quintessentially French and also very affordable. 12. Italy. The cost of living in Rome, Florence, Venice, and Tuscany might be beyond the limits of your retirement budget. But that doesn't mean you should take Italy off your list entirely if this is the country that stirs your imagination and speaks to your soul. A retiree on a budget interested in Italy could look at Abruzzo. From this beautiful Old World base, within a half-day's drive of both the coast and the mountains, you could plan excursions to Italy's better-known and more expensive outposts as often as you liked. 13. Ireland. Americans have long dreamed of retirement on the Emerald Isle and with good reason. Ireland is safe, peaceful, relaxed, welcoming, friendly, hospitable, and English-speaking, making it an ideal retirement choice for many. Ireland today is also more affordable than it has been in more than a decade, and its property market has fallen off a cliff. Real estate prices are down 50 percent or more in many markets and are still falling. If you, like so many others, have dreamed of wiling away your retirement years on your own little piece of the Auld Sod, this could be the best time in your lifetime to think about making that purchase. 14. Spain. Spain is known among expats for its Atlantic and Mediterranean coastlines, especially its infamous (and unfortunately over-developed) Costa del Sol. But there's more to this country than its costas. Barcelona, for example, is a world-class city on the ocean, perfect if you're looking for a cosmopolitan life near the water. Real estate prices in this country have fallen tremendously since the highs of four or five years ago. If retirement in Spain appeals to you, this could be the time to search for a great deal on Spanish retirement digs. 15. Croatia. Croatia, a country with an extraordinarily complicated history and an extremely open-minded, forward-looking population, is at another turning point in its long history. Countries at turning points are interesting places to be. I recommend the country’s Istrian Peninsula, which serves up some of the most delightful scenery on the planet. The land seems to rise up to embrace you, and everywhere you look, something nice is growing like olives, grapes, figs, tomatoes, pumpkins, blackberries, and wildflowers. Even the buildings seem to be part of the earth, built of its white stone and red clay. This sun-soaked region offers one of the most appealing lifestyle options in Europe today. Asia 16. Thailand. Thailand boasts both really cheap and developed and comfortable lifestyle choices. It is also noteworthy as being one of the few countries in this part of the world that offers formal options for long-term and retirement visas. Hua Hin is one of the few classic retirement havens in Southeast Asia, complete with golf courses, factory outlets, and gated communities. Foreigners make up approximately 15 percent of that population, and most of them are retired. With 12 golf courses in operation and another 3 under construction, this is definitely the place to go if you're a golfing enthusiast. Hua Hin is a place where, if you were so inclined, you could live a North American lifestyle and never have to involve yourself more than superficially with the local Thai culture. This could be a plus or a minus for you, but it is worth noting when discussing options in this typically exotic part of the world. 17. Vietnam. While Thailand is well-established as an interesting option for expats and foreign retirees, Vietnam is an emerging choice, which could get a lot more attention in the coming few years. Nha Trang offers an interesting coastal retirement option for adventuresome retirees. Nha Trang’s total population of more than 200,000 includes an expat population of about 1,000 people, meaning foreigners here are still pioneers. You'll find no organized activities for foreigners, such as expat clubs or softball leagues. The lack of a big foreign population makes it easier to have meaningful interactions with the locals. The major attraction in Nha Trang is its cost of living, which can amount to much less than $1,000 per month for a retired couple. If you're a budget-minded retiree with an interest in Asia, this town should be on top on your list. 18. Malaysia. After Thailand, Malaysia is the easiest country to navigate in this part of the world. The country's capital, Kuala Lumpur, is a city of contrasts. The shining stainless steel Petronas Towers, two of the tallest skyscrapers in the world, anchor a startlingly beautiful skyline that is truly unique to this city. Modern, air-conditioned malls flourish, selling everything from beautifully handcrafted batik clothing to genuine Rolex watches and Tiffany jewelry. In the shadows of these ultra-modern buildings, the ancient Malay village of Kampung Baru still thrives, with free-roaming roosters and a slow pace of life generally found in rural villages. Less than a 20-minute walk from the city center, you can find yourself conversing with monkeys in the city-jungle surrounding one of the highest telecommunications towers in the world. A walk of less than 30 minutes leads you to Chinatown and Little India, where merchants offer their wares, foods, and culture in happy neighborhoods that showcase the amazing diversity of the city. Unlike some places in Asia, foreigners are genuinely welcomed in Kuala Lumpur. Language isn't a problem, as almost everyone speaks adequate English. Immigration is easy, and it is possible to stay for an extended period with a simple tourist visa. Although Kuala Lumpur is more expensive than rural Malaysia, it can be marvelously inexpensive by Western standards. You can realistically expect to cut your living expenses by a third and still enjoy a lifestyle comparable to what you are accustomed to now.

Read More

5 Top Ways Stars Lose All Their Cash

Last week Gary Busey passed a mandatory online financial management course in an attempt to convince a U.S. Bankruptcy court he'll start sensibly managing his money.  The veteran actor recently filed for Chapter 7 bankruptcy. But in Hollywood, going broke is just about as as common as a leaked nude photos; just ask Toni Braxton, Larry Wilcox, Vince Neil, Mike Tyson, and Stephen Baldwin, all of whom have recently filed for bankruptcy. Not to mention Zsa Zsa Gabor’s husband, who was forced to put their Bel Air mansion on the market last year to pay the ailing star’s medical bills; Wesley Snipes, who was imprisoned for three tax-related misdemeanor convictions; and Nicolas Cage, who lost one of his homes to foreclosure and has been plagued by IRS issues. So how is it that some of the most well-paid people on the planet can end up with next to nothing? We talked to financial management experts and they ticked off the top five ways rich celebs lose it all (or close to it). 5. They have no idea how money management works.  “Most celebrities have extremely creative minds. But in my experience, the most creative folks tend not to want to spend time dealing with business issues,” tax and business expert Joseph M. Doloboff, Partner at Blank Rome LLP in Los Angeles told FOX411’s Pop Tarts column. But don’t famous folks hire financial planners and business managers to take good care of their millions? “Most of them do, but at the end of the day, these accounts are still in a celebrities’ name, which gives them ultimate control over their wealth,” said Certified Financial Counselor for Financial Advice for the Artist, Erin Elizabeth Burns. Which can mean big spending, big mistakes and… 4. Bad advice.  Pete Krainik, Founder and CEO of The CMO Club, a networking resource for top marketing executives, noted that some celebrities do not have the skill sets to identify and determine the right business/financial managers for their needs. “Because they don’t think of themselves as brands, they don’t put the efforts or plans in place to maximize their value for endorsement deals,” he explained. “They should have themselves significant additional revenue streams – it is not just about getting the next role, but getting the next deal.” But some such "additional revenue streams" can also run in the red.. Last year, the Las Vegas rendition of Beso – the restaurant/nightclub co-owned by Eva Longoria – filed for bankruptcy to restructure nearly $5.7 million in debt and other liabilities. Prior to that, the Jay-Z owned 40/40 sports bar in Sin City shut its doors a mere eight months after opening. Britney Spears’s southern-inspired Nyla Restaurant reportedly hit monetary blows before she also severed ties, and both Jennifer Lopez’s “Sweetface” clothing line and restaurant Madres went dark. 3. Theft and fraud.  Hollywood's highest profile people are actually human, which means they too are susceptible to being screwed by business managers, badly worded deals and corrupt advisors. Just ask Kevin Bacon and wife Kyra Sedgwick, who were taken to the cleaners by Ponzi schemer Bernie Maddoff. Doloboff also said prominent factors in a celeb’s financial crumbling is their tendency to bring "friends" -- or family -- into the fray as business partners or employees. “Many professional athletes and entertainers want to help their friends while simultaneously helping themselves,” he said. “The best advice is to refrain from doing business with friends. True friends don’t condition their friendship upon doing business together.” Comedian Dan Cook will probably adhere to that – in 2010, his half-brother Darryl McCauley was ordered to pay the comic $12 million in restitution after pleading guilty to embezzling funds from him. McCauley allegedly stole $12,500 a month as Cook’s business manager. Friends and fraud – double whammy! 2. Drugs, booze, and bad habits. Stars are known to fall when the temptations of drugs/alcohol/hard partying turns into a dangerous addiction. It can also be more than an expensive habit, as addiction often impacts other areas. “You are far more likely to make poor decisions when under the influence of drugs or alcohol. When you’re dealing with celebrities, the problem is that their support groups, (friends, family, entourages, et al), often consist of enablers,” explained Richard Taite, the Founder and CEO of rehab center Cliffside Malibu. “It comes as no surprise that a successful celebrity can face financial destitution if they are abusing drugs or alcohol and are left to their own devices.” 1. Ridiculous overspending. Last but not least, some beautiful yet broke folks just lead foolishly fabulous lives (we're talking to you, MC Hammer) and refuse to accept that fame (and its fortune) can be fleeting. “Most celebrities have luxuries such as a cook, a driver, a personal stylist, a personal assistant etc.,” said Burns. “They become accustomed to this lifestyle, but when their contract isn’t renewed, or when the films offers stop coming in, they are still living this life of luxury with the expectation that they will always be in demand.” Yes, sadly, not every Hollywood tale has a happy ending. But with some good financial advise, the ending doesn't have to be tragic.

Read More

Health board owed £130k for treatment of foreign nationals

FOREIGN nationals not entitled to free treatment are said to owe Swansea Bay's ABM University Health Board more than £130,000 — the second highest figure in Wales. According to figures obtained by the Welsh Conservatives, only Cardiff and Vale UHB is owed more, at just over £200,000. ​ Darren Millar AM The Welsh Government has now said it is looking at further measures to help health boards recoup their costs. Figures obtained by the Tories following a Freedom of Information request show the money owed to the NHS in Wales more than doubled between 2008 and 2011. Of the £380,000 that was unpaid, at least £199,311 is still outstanding to Wales's seven health boards, while a minimum of £185,700 was written off after bosses exhausted efforts to be reimbursed. Shadow Health Minister Darren Millar AM expressed concern at the figures, arguing the Welsh NHS was in no position to be owing substantial sums of money. He said: "There are strict guidelines in place for explaining details of charges to patients who are required to pay. "The Welsh Government should look carefully at how well these rules are followed. "Any money written off by the NHS is regrettable when budgets are being squeezed so hard. The big rise evident in these figures is of great concern." The figures show that, in 2008/09, £70,815 had not been paid back. In 2010/11 that had increased to £257,713. And the Tories also claim there was been a downward trend in the rate of collecting money owed, down from 71 per cent in 2008/09 to 43 per cent in 2010/11. Some treatments, such as medical emergencies at A&E or compulsory psychiatric care, remain free of charge for everyone in Wales — regardless of where they are from or how long they have lived in the country. Other procedures, which include non-life-threatening outpatient care, are supposed to be paid for by non-EU residents. But the process and guidelines are far from straightforward as some countries have signed healthcare agreements with the UK. This makes its citizens exempt from some charges. ABM officials could not be contacted for comment. A Welsh Government spokesman said: "All visitors to Wales requiring NHS treatment are assessed as to their eligibility for free NHS treatment. "All treatment received in an accident and emergency department is free to all. "We have issued clear guidance to NHS organisations which states that they should recover the cost of caring for overseas patients who are not entitled to free care. "We are looking at what further measures can be introduced to support NHS organisations recover costs."

Read More

Spanish state will need outside help – or even go bankrupt.

 

If the negative development in the Spanish housing market continues, it can – worst case – lead to renewed concern over that the Spanish state will need outside help – or even go bankrupt. Banks might face several hundred billion Euros in losses on the Spanish real estate market. This will mean a recapitalization of the Spanish banks – capital that can only come from the Spanish state. Now there is nothing new in that; but what is interesting is the free admission of a need to nationalize the Spanish banks. If you glace at the graph you will see the Danish housing market has dropped between 22% and 30% from the top – time and actual drop depending on market segment. As Danske Bank is roughly half the Danish finance sector it is hard to escape the conclusion that Danske Bank is in at least as big trouble as the banks in one of the more notorious frivolous and irresponsible economies in Europe. Danske Bank will presumably peg their flag to the difference in unemployment figure (Spain hovers around 20%). True as that may be; but unemployment figures are notoriously difficult to compare between countries. Not only do criteria differ; but the criteria differs over time – according to political convenience. It is kind of discussing distress on board the Titanic: “It’s only your end that is under water! I’m fine!!” That is the nearest to a Freudian slip admission of life threatening financial distress we can expect from Danske Bank. But it is time to bust a few myths before they come too much of age – and be established as “truths” – and draw some conclusions. 1)    Looking at the graph again prices on condominiums/flats/apartments had begun to drop way before the collapse of Lehman Brothers. Two years in fact. That was more due to a temporary rise in interest rates that made the calculations of monthly payments  – even to the least lunatic bank manager – clearly unrealistic. 2)    Generally sales were falling from mid 2007 – I trust the reader is can see through the regular seasonal variation to distinguish the trend. 3)    The collapse of Lehman Brothers and the perhaps inept handling of the resulting Credit Default Swap disaster had indeed nothing to do with the much deeper issue of banking irresponsibility and incompetence. Alan Greenspan has been quoted for saying that what surprised him was that banks had not taken preventive measures in their own interest. The forces of the free market self-regulating controls do NOT apply in the financial sector. 4)    The next major meltdown – which clearly is underway (Spain will not be able to meet the budget target agreed upon by Rajoy) – will in essence have nothing to do with the Greek debacle. Greece was/is – all things considered – handled more effectively than the collapse of Lehman Brother. To be fair: There was more advance warning and the cacophony of idiotic optimism had been quenched by German lack of sentimentality. 5)    You can see the lack of linkage to the Greek situation by the fact that the Danish and Spanish drop in housing prices (and lack of trade) is simultaneous. Danish banks were not exposed to Greek sovereign debt to ANY appreciable extend. Furthermore Denmark has a reasonably healthy export which is more than can be said about Spain. Still a near similar and at least simultaneous price drop in Denmark and Spain points to a factor nobody has wished to mention: The banks of both countries are to all intents and purposes deceased and with no future without state ownership.

Read More

Spain has been surprised at the magnitude of this property down slide. thinking thought it would be around 10 percent.

Home-owners in Spain received yet another blow when figures released by the National Statistics Institute (INE) show that house prices fell even further in the last quarter of 2011.

House prices in Spain have been in free-fall since the start of the economic crisis with the construction industry coming to a virtual standstill. The figures show that the price of new build properties dropped by 8.5 percent in the final quarter of 2011 compared to The equivalent period in 2010. Those trying to sell their used homes are suffering even further with a drop of 13.7 percent.Analysts are blaming the recession, unemployment and uncertainty about Spain's economy as major factors, according to a report in El Pais. Property expert Julio Gil said:

“We have been surprised at the magnitude of this down slide. We thought it would be around 10 percent.”

With more and more people defaulting on their mortgages, the banks are being left with huge stockpiles of homes that they can't sell, even at knock-down prices, whilst the immigrants from Northern European countries that helped create the property boom in Spain have all but disappeared. This is the worst quarterly drop since the INE started recording the statistic, with Madrid the worst affected region.

Stop Desahucios

Logo of action group aiming to help families facing eviction.

Like this image

The Wall Street Journal reports that Spanish banks now hold "more than €400 billion worth of loans to the construction and real estate sector, " an amount that is equivalent to 40 percent of gross domestic product for Spain. Early figures show that the price drop is continuing in this first quarter of 2012.The personal tragedies behind the stark figures are very sad. An action group, called 'Stop Desahucios', has been formed to try and stop people being forcibly evicted from their homes. With unemployment rising at an alarming rate, many more people are finding themselves unable to pay their mortgages and discover that the banks are less than sympathetic to their plight, despite the fact the banks are overloaded with properties they can't sell. The action group try everything to help the families and if that fails they literally stand in front of the homes preventing officials from getting in to evict the families, many of whom have small children.Many foreigners with homes in Spain, whether permanent or holiday, just hand in the keys to the bank and head home leaving huge debts behind them.What is certain is that property prices in Spain will continue to spiral downwards and it will be some years before the property market begins to recove

Read more: http://www.digitaljournal.com/article/321327#ixzz1pOewnM7S

Read More

Prosecutors charge Catholic nun in alleged stolen baby scheme at Madrid hospitals

A Catholic nun has been charged with being part of a child stealing operation that ran over four decades in Spain. Sister María Gómez Valbuena is the first person to be indicted in connection with the probe into more than 100 cases of babies snatched from hospitals between the 1950s and 1980s. She was subpoenaed to testify before investigators recently but refused to answer questions, according to sources at the Madrid prosecutor's office. Identity crisis: Randy Ryder as a baby being cradled in a Malaga hospital in 1971 by the woman who bought him Her name has surfaced in dozens of complaints filed by mothers who claim they were robbed of their babies after giving birth at San Ramón and Santa Cristina hospitals in Madrid. Sister María was the assistant to Dr Eduardo Vela Vela, whose name also appears in the complaints filed by mothers. Prosecutors have decided that there is sufficient evidence to file charges against Sister María in one case, based on a woman's testimony that her daughter was taken from her in 1982 after she gave birth at the Santa Cristina Hospital.   More... The doctor who broke up families: Psychiatrist who damned hundreds as 'unfit parents' faces GMC probe Is legend of St Patrick just a bit of blarney? He was a runaway tax collector turned slave trader, says expert The woman, identified as María Luisa, states that she was told that her baby had died at birth but claims she was actually given to another family. Shortly after giving birth, María Luisa saw an ad published in a magazine taken out by a nun — Sister María Gómez Valbuena — who offered her services to help single mothers. María Luisa was separated at the time and had another daughter. When she went to see her, María Luisa discovered that the nun was actually offering to take her daughter away to give to a family. Reunited: Randy Ryder with Manoli Pagador, who believes she may be his real mother The children were trafficked by a secret network of doctors, nurses, priests and nuns in a widespread practice that began during General Franco’s dictatorship and continued until the early Nineties. Hundreds of families who had babies taken from Spanish hospitals are now battling for an official government investigation into the scandal. Several mothers say they were told their first-born children had died during or soon after they gave birth. But the women, often young and unmarried, were told they could not see the body of the infant or attend their burial. In reality, the babies were sold to childless couples whose devout beliefs and financial security meant that they were seen as more appropriate parents. Official documents were forged so the adoptive parents’ names were on the infants’ birth certificates. In many cases it is believed they were unaware that the child they received had been stolen, as they were usually told the birth mother had given them up. Experts believe the cases may account for up to 15 per cent of the total adoptions that took place in Spain between 1960 and 1989. It began as a system for taking children away from families deemed politically dangerous to the regime of General Franco, which began in 1939. The system continued after the dictator’s death in 1975 as the Catholic church continued to retain a powerful influence on public life, particularly in social services. It was not until 1987 that the Spanish government, instead of hospitals, began to regulate adoptions. The scandal came to light after two men, Antonio Barroso and Juan Luis Moreno, discovered they had been stolen as babies. Mr Moreno’s ‘father’ confessed on his deathbed to having bought him as a baby from a priest in Zaragoza in northern Spain. He told his son he had been accompanied on the trip by Mr Barroso’s parents, who bought Antonio at the same time for 200,000 pesetas – a huge sum at the time. DNA tests have proved that the couple who brought up Mr Barroso were not his biological parents and the nun who sold him has admitted to doing so. When the pair made their case public, it prompted mothers all over the country to come forward with their own experiences of being told their babies had died, but never believing it. One such woman was Manoli Pagador, who has begun searching for her son. A BBC documentary, This World: Spain’s Stolen Babies, followed her efforts to discover if he is Randy Ryder, a stolen baby who was brought up in Texas and is now aged 40. In some cases, babies’ graves have been exhumed, revealing bones that belong to adults or animals. Some of the graves contained nothing at all.

Read More

€500 REWARD is on offer to anyone who can provide information leading to the arrest of the people who broke into a Marbella clothing store.

 

€500 REWARD is on offer to anyone who can provide information leading to the arrest of the people who broke into a Marbella clothing store.

 

The incident took place at The Jeans Factory Outlet around 5.30am last Friday and around 600 pieces of clothing were stolen worth €45,000.

“My alarm company called me straight away,” said Dutch owner Roy Samshuyzen. At first Roy thought it might be a false alarm as was the case a few months ago.

“Looking at the camera system from home I could not see anything so I headed straight over, still in my pijamas.

When I arrived five minutes later there were around seven police cars already there with the alarm company.”

This would have given the three burglars less than three minutes after the alarm went off to make off with their bounty.

“Since the glass is 8mm thick, like that of a bank’s, the burglars must have rammed it with a truck with a metal bar on the front.” Although the glass was replaced that same afternoon, Roy estimates that it will take “between eight and nine weeks to recover the losses from the robbery.”

The Jeans Factory Outlet is located on the main road on the approeach to Marbella coming from Malaga direction, so Roy believes there is a “good possibility that someone saw something,” hence the reward offer.

Roy was surprised that the “gang ignored the expensive jeans including Ed Hardy, Tommy HiIlfinger and Guess and took around 35 pairs of Antony Morato jeans and pairs from his own brand that are sold exclusively in the store”.

Roy thinks this could be because the gang saw a security screen and cameras on the side of the shop were the more expensive items are kept, but the cameras cover the whole store.

CCTV footage clearly shows three men, one of them wearing a hood covering his face, grabbing as many clothes as they can.

Roy will be heading down to the various markets over the coming days to see if he can find any of the 600 pieces of clothes, which he says would have retailed at about €45,000.

“The frustrating thing is that since it will be on the black market they will only be sold for around €50 to €10 each. Roy is “fed-up” at the unfairness of the situation.

“We do everything by the book, do everything to protect yourself and then sh*t like this happens”.

“I am not worried about the robbery; the money or the damaged store front. All of these things can be taken care of through the insurance.

It is the future of Marbella and of the world I am worried about. I worry for my five-year-old son, what is the world going to be like when he grows up. What kinds of things will he have to deal with?"

Meanwhile, although Roy has never had his business broken into before, his Mercedes Benz car was stolen from outside the store last year.

He was “talking to two men inside the shop about buying a pair of jeans.”

One of them “slipped away and somehow he managed to get behind the store desk and take the car key off the ring".

Read More

Spain Approves Canary Islands Oil Exploration

The Spanish government approved Friday a controversial permit to explore for oil offshore the Canary Islands, in an area that could become by far the largest source of oil production in a country heavily dependent on crude imports. Approval of an exploration license marks the latest move in Spain's shift away from a policy of subsidy-dependent renewable energy projects as it seeks ways to improve its trade balance and steady its budget, but will likely face opposition from environmentalists and local government officials concerned about the threat of damage to the island's tourist-friendly, white-sand beaches.

Read More

Spain's public debt soars to record high

Spain's public debt soared to a record high at the end of 2011, Bank of Spain figures showed Friday, as Madrid struggled to slash costs and escape the eurozone debt crisis. Public debt amounted to 734.96 billion euros ($960 billion), equal to 68.5 percent of annual economic output at the end of 2011 -- up from 66 percent three months earlier and 61.2 percent at the end of 2010. The accumulated debts breached the European-Union agreed limit of 60 percent of gross domestic product (GDP) but was still below the eurozone average, which approached 90 percent in the third quarter last year. It was the highest public debt ratio recorded in Spain since statistics in the current format were first published in 1995. Spain's public debt is rising fast because of runaway annual public deficits that have shot past EU-agreed targets, in part owing to high spending by regional governments. The previous Socialist government, ousted by the conservative Popular Party in November elections, had forecast a debt of 67.2 of GDP for the end of 2011, aiming to curb it to less than 70 percent in 2014. But the European statistics unit Eurostat was not so optimistic. It forecast a public debt of 69.6 percent in 2011, 73.8 percent in 2012 and 78 percent in 2013. Spain's conservative government, which took power in December, has yet to announce a new public debt target. The public debt ratio has grown without interruption since the first quarter of 2008 when, after nearly a decade of fast growth and budget surpluses, which trimmed the debt, it amounted to 35.8 percent of GDP. The situation in the 17 regions is particularly worrying: at the end of 2011 their accumulated debt rose to 140.1 billion euros, or a record 13.1 percent of national GDP, from 11.4 percent a year earlier. Municipal debts, however, eased over the year to 35.4 billion euros or 3.3 percent of GDP. Regional governments enjoy a high level of autonomy, prompting concerns in financial markets that their spending could compromise the central government's deficit-cutting goals. Spain had agreed to cut its annual public deficit to 6.0 percent of GDP in 2011 but it overran that target by a wide margin and ended up reporting a deficit of 8.51 percent of GDP. After winning a slight relaxation from Brussels in its goals for this year, Spain is now aiming for an annual deficit of 5.3 percent in 2012 and 3.0 percent in 2013. But the regions are not entirely to blame. The central government's finances also deteriorated in 2011, as its public debt rose to 52.1 percent of GDP at the end of the year from 46.4 percent a year earlier.

Read More

Cadíz second bridge delayed until at least 2013

The Ministry for Development has announced a delay in the opening of the second road bridge into Cádiz which will now not be open to traffic until 2013. Minister, Ana Pastor, said that not with all the money in the world could a 2012 opening be achieved. 2012 was the target date so that it coincided with the bicentenary of the 1812 Spanish Constitution which was signed in the city on March 19 1812. The General Courts of Spain were transferred there while in refuge from the Peninsular War. The Minister added, ‘It will take at least another 15 months, and that only if there is no wind’. The Ministry of Development says the suspension bridge is now 75% complete, but a fundamental part of the project, linking to the 13 pivot bases which are already showing in the middle of the Cádiz Bay is still to be done. The bridge is the largest road infrastructure project in Spain and has a cost of about 300 million € and will link Cádiz with Puerto Real. It will be known as the Puente de la Constitución de 1812, and not the ‘Puente de la Pepa’ which was the name given by the previous Minister, Magdalena Álvarez.

Read More

Place your bets on Euro Vegas

IT MAY just be the single largest contrarian bet in the euro zone. Sheldon Adelson, a casino tycoon, is expected soon to choose between Madrid and Barcelona for a €16 billion ($21 billion) gambling resort. The euro-zone turmoil does not faze him: “It will take us four to five years,” he told Forbes magazine. “By then everything will be solved.” Mr Adelson’s Las Vegas Sands (LVS) hopes to create a “Euro Vegas”, capable of attracting the 1 billion people who live in the 50 countries within a five-hour flight from Spain. He chose the country because of the weather and because its unemployment rate, now at 23%, “assures us the support of the government”. The numbers are certainly eye-popping. LVS would invest €6 billion in a first phase to build four hotel strips—eventually reaching 12—as well as casinos, shops, restaurants, golf courses and convention centres. LVS says the project could create 260,000 indirect and direct jobs, enough for nearly half the unemployed in Madrid. Spain is already the fourth-largest holiday destination in the world, but LVS reckons Euro Vegas would attract 11m new tourists on top of the 57m a year Spain already gets, increasing tourism spending by €15.5 billion over the next ten to 15 years. In this section News of the world Good for you, not for shareholders Zimplats happens Watch this space »Place your bets on Euro Vegas Luxury on the cheap Nazis in space The view from Liverpool Reprints Related topics Gambling Barcelona Madrid Spain Madrid and Barcelona, used to battling it out on the football pitch, have won a promise of neutrality from the central government. Barcelona admits that Madrid has the edge so far, since it has been talking to Mr Adelson on and off since 2007. But Barcelona has not given up. Mr Adelson recently visited a beach-front site near the city’s El Prat airport, which like Madrid’s Barajas has plenty of spare capacity. National and local leaders are keen on the project but opponents are sceptical of LVS’s claims about job creation, and worry that the casino will become a “fiscal and legal paradise” of tax breaks and exemptions from labour laws—a charge which regional officials deny. However, LVS is thought to be seeking a relaxation of Spain’s ban on smoking in public places, and lower gambling levies. Whichever city won would also have to bear the cost of such things as transport links to the resort. Given Spain’s precarious public finances, and considering that, as Mr Adelson puts it, there are “tens of billions to be made” from the resort, the authorities ought to resist any temptation to splash out taxpayers’ money to win the deal. They will have to assuage public fears of encouraging gambling addiction, infiltration by organised crime and the environmental impact of such a giant construction project. As in Singapore, where LVS recently opened a big casino resort, Spanish officials play down gambling as a small part of the overall package. Another worry is that the project will not happen at all. Spain has had its share of unrealised property developments. A €17 billion casino complex in the desert of Aragon, proposed in 2007, remains unbuilt. But LVS has withstood the global downturn pretty well, and the success of its Macao and Singapore operations gives it plenty of financial firepower. LVS boasts that its Marina Bay Sands development has “moved the needle” in Singapore, with record tourism figures one year after its opening. Euro Vegas would be much larger. A casino resort may lack the prestige of, say, a technology cluster, but Spain will have to take a few gambles to get its soaring unemployment under control.

Read More

55 security guards arrested with fake qualifications

 

55 false security guards working in sensitive positions have been arrested in Madrid, Toledo, Cuenca and Badajoz. The National Police arrested the 55 who have all be established to have been working fraudulently, and some with jobs looking after explosives or acting as bodyguards. A statement from the National Police said those arrested lacked the necessary preparation for the work and were employed because of falsified qualifications. Some of them have a previous criminal record.

Read More

The Spanish Government is to increase the tax on diesel vehicles

 

The Spanish Government has revealed that it wants to increase the tax on diesel vehicles because they ‘contaminate more’. The change will be a modification on the vehicle matriculation tax. The Secretary of State for the Environment, Federico Ramos, gave the news after meeting with the environment experts and said that in principle the regional administrations are in agreement. The local City and Town Halls say they now want to first analyse the financial consequences for them. Diesel vehicles not only pollute with CO2 but also emit Nitrogen Dioxide, and particles in suspension.

Read More

The ex Mayor of Alcaucín in Málaga, José Manuel Martin Alba, who was arrested for a second time with seven other people

The ex Mayor of Alcaucín in Málaga, José Manuel Martin Alba, who was arrested for a second time with seven other people on Tuesday in the ‘Tristan case’, which comes from the ‘Arcos operation’, made a statement on Wednesday to the investigators of the UCO central operations unit of the Guardia Civil. La Opinión de Málaga reports that he denied knowing the land registry civil servants that he allegedly manipulated with false data to obtain the classification of building land. These plots were often purchased by foreign investors with the idea of building on them. However, the Guardia Civil has said that the land was not buildable and therefore a crime of fraud had taken place, and this part of the investigation is still under reporting restrictions. The declarations continue from the arrested civil servants from the land registry, some in payments, others in Hacienda, as well as three management auxiliaries. The Guardia Civil says that the civil servants, ‘coordinated by a lawyer, modified the data base of the land registry with the end of introducing the false information to give legal coverage to the construction of homes on non-buildable land. The Guardia Civil contends that in exchange they received illegal commissions. Rafael Yus from the Nature Studies Group GENA said that he was not surprised by the ex-Mayor’s new arrest. He said the modification to the land registry was ‘part of what they do here’ and claimed it was ‘a corruption which extends to other municipalities, but which it difficult to demonstrate’.

Read More

Card firm in breast implant refund

 

A Midlands woman who was given PIP breast implants that ruptured has recouped the full cost of the surgery from her credit card company. She said Lloyds TSB refunded her £3,700 on the grounds that she was sold faulty goods. The British Association of Aesthetic Plastic Surgeons (BAAPS) said the move should offer a "ray of hope" to other patients with PIP implants. The woman, a hairdresser in her 40s from the Midlands who does not want to be identified, underwent a breast enlargement operation in 2008. She discovered she had been given PIP implants last September when she found a lump and went to a breast cancer clinic. "I was quite worried, but I was told it was just a rupture of my implants. It was only later I realised there was a health risk. I was really quite poorly with it," she said. The woman had the implants removed on the NHS in October, and contacted a firm of solicitors to see if she could get her money back. Because the company that performed the surgery had gone into administration, she was advised to check if she paid by credit card. Having discovered that she did use plastic to pay for the procedure, she applied to Lloyds TSB for a refund and received the money in full three months later. The woman said the credit card company were "wonderful" and stressed that she only had to fill in one form to get the reimbursement. "If I had gone through the solicitors they would have taken a sizeable part of it. Women need to be aware they can easily do it themselves," she said. Fazel Fatah, a consultant plastic surgeon and president of BAAPS, said: "We're delighted that at least a proportion of women who chose this method of payment should now have recourse to securing reimbursement for what are clearly defective, substandard goods." Around 40,000 women in the UK received implants manufactured by the now-closed French company Poly Implant Prostheses (PIP), mostly in private UK clinics. The implants were filled with non-medical grade silicone intended for use in mattresses. Lloyds TSB said it could not comment on the woman's individual case. But a spokeswoman for the bank said: "One of the advantages of using a credit card to pay for goods and services is that consumers can make a Section 75 claim if there has been a misrepresentation or breach of contract, providing the cost is above £100 and less than £30,000. Every Section 75 claim is different and each one will be reviewed on a case-by-case basis."

Read More

Families in Spain face eviction over stranger loans

 

Fighting eviction for failing to pay the mortgage on his home in Spain's capital, Nelson Castillo is now grappling not only with his own debts but also those of a family he does not know. The 39-year-old and his wife acted as guarantors of another Ecuadoran family's loan under a programme run by an agency that negotiated loans for immigrants. In return, that family acted as the guarantor for Castillo's loan. Now, both families are in arrears. And each of them is legally responsible for its own loan and for the loan it guaranteed. "We were two families and we did not know each other. Ecuadorans are like that. We had to sign the papers and that's it. Goodbye, and each side went its own way," said Castillo. Dozens of anti-eviction activists had gathered outside his Madrid apartment building on Tuesday to prevent court clerks and bank officials from ejecting Castillo and his family from their home. Inside the apartment a volunteer psychologist tried to comfort Castillo's wife, 40-year-old Kelly Herrera, who sat in distress on the couch while the couple talked to police. The couple were given until March 30 to pay their debt of 222,000 euros ($291,000) claimed by the bank. And they are still liable for the loan given to the other family. "Today they are demanding my loan. But later on they will demand the second," said Castillo. The couple's lawyer Rafael Mayoral had requested that the eviction be blocked for "humanitarian reasons" because their two children are minors and a knee injury prevents Herrera from working at the moment. But above all the lawyer argued that the couple are "victims of a swindle". The couple and nine other families are suing an agency, Central Hipotecaria del Inmigrante, which ran a system of "cross guarantors" for loans among people that did not always know each other. "It was a pyramid scheme of financial risk management," said Mayoral. Despite the investigation under way into the agency, the courts have refused to issue a moratorium on evictions. Last week the government approved a voluntary "code of conduct" for banks that aims to help poor homeowners settle their debts and reduce a wave of evictions brought on by Spain's economic crisis. For families whose members are all out of work and have no other source of income, the code obliges signatory banks to restructure their mortgage debt by for example lengthening the term of the loan or reducing its interest rate. The goal is to reduce the number of evictions in Spain, which amount to about 300,000 since the collapse of a property bubble in 2008. But the new code will not help Castillo and his family. "The bank did not give me any option, I wanted to give them the apartment in exchange for clearing my debt but they were not interested," he said. Castillo, a waiter, said with pride that he "only spent a few months out of work" since he moved to Spain in 1996. In 2006 he and his wife decided to buy an apartment while Spain was still in the midst of a property boom. The couple took out a mortgage with a variable rate that started out with a monthly payment of 900 euros. But as Euribor interest rates rose, their monthly mortgage payment shot up to 1,420 euros. "It became impossible to pay. I earned 1,000 euros a month and my wife also did not earn much. Things became complicated. I tried to reach an agreement with the bank but it was not possible. I stopped paying," said Castillo. Castillo said he did not know if the family which signed as the guarantor of his loan has suffered any consequences because he stopped making his mortgage payments. "I only met them the day we signed the papers," he said.

Read More

Spanish House Prices Tumble

 

Spanish house prices tumbled at their fastest pace on record in the fourth quarter, a sign that a long-running property bust will continue to weigh on Spanish households and banks. House prices fall over 11.2% in the fourth-quarter of 2011-the fastest contraction on record. WSJ's Sara Schaefer Munoz has been looking at the data and analyzes how this affects its efforts to deal with its debt crisis. House prices fell on average by 11.2% in the fourth quarter from the same period a year earlier, well below the 7.4% decline in the third quarter, while prices of used homes was down 13.7% in the period, the country's statistics agency INE said Thursday. Both readings are by far the worst since INE started recording countrywide prices in 2007, the peak year for Spain's decade-long property boom. Previously, annual price declines had bottomed out at 7.7% in 2009, and analysts say house prices have only rarely fallen year-to-year since at least the 1970s. The drop indicates Spanish property prices are now correcting at a similar pace to that seen in the U.S. soon after the 2008 financial crisis, and may fall further at least this year. In previous quarters, price drops were somewhat contained, the result of support efforts by the government and banks, fearful of the effect of a housing collapse. Spanish banks hold more than €400 billion ($521.32 billion) worth of loans to the construction and real-estate sector, backed by collateral that loses value as property prices slide further. The amount is equivalent to around 40% of Spain's gross domestic product. TK Raj Badiani, an economist at IHS Global Insight, said government data indicates Spanish house prices are down more than 20% from the 2007-2008 peak, even though other evidence points to a possible drop of more than 30%. "The continued imbalance between the supply and demand of housing suggests that house prices will continue to fall throughout 2012," Mr. Badiani said. "The outlook remains bleak, with the demand for housing expected to shrink throughout 2012 with debt-laden households struggling to cope with a devastated labor market and limited access to credit." Last month, Spain's Finance Minister Luis de Guindos presented a clean-up plan that will force banks to set aside an additional €50 billion this year to cover losses from souring loans, mostly property-related. The plan also seeks to allow a faster correction of the property market this year, so that lower prices trigger some demand in the moribund sector. Earlier this week, INE data showed Spain's property sales continued their recent slide in January, with a 26% annual decline. Last year, just over 361,000 homes were sold in Spain, less than half the number sold in 2007. The clean-up plan and other reforms may only have a delayed effect on the euro zone's fourth-largest economy, the Ernst & Young consultancy said in a report. A lack of demand amid an economic contraction that may stretch until 2014 should keep house prices falling for the next three years, Ernst & Young added. Meanwhile, Spain's bond auction was a mixed bag Thursday, with the Treasury selling slightly less than the maximum targeted amount but paying mostly lower yields to investors. The infusion of cheap cash from the European Central Bank has buttressed bond markets across the 17-nation euro zone, but not always equally. Spain's government bond market hasn't kept pace, while Italy, which at the end of last year had been lumped together with Spain as possibly becoming the "next domino," has swapped places with Spain as the country having to pay less of a premium on its debt. The contrasting fortunes also reflects the market's confidence in Italy's ability to make progress on the fiscal front while Spain falters. Italy's economy is likely to record a primary surplus in 2012. Spain unilaterally revised its budget deficit targets and analysts are skeptical if even those targets will be met.

Read More

Escaped prisoner Anthony Downes arrested and held in Amsterdam

 

Anthony Downes, who was arrested in Amsterdam, escaped from a prison van while being transported from HMP Manchester to Liverpool Crown Court in July last year. He had been facing trial for conspiracy to possess firearms with intent to endanger life and conspiracy to cause damage with intent to endanger life. He was convicted in his absence at Woolwich Crown Court and is due to be sentenced at the end of this week. Downes, 26, featured as part of Crimestoppers’ latest Operation Captura Campaign in October 2011, which seeks to locate wanted fugitives believed to have fled to Spain, who are wanted by UK law enforcement agencies. Lord Ashcroft, KCMG, Founder and Chair of Crimestoppers, said: “This is yet another example of how criminals on the run will eventually be caught and I am delighted to hear that this individual has been arrested. “Crimestoppers is seeing huge success with its fugitive campaigns and the fact that we now have 48 arrests out of 65 appeals from our Captura campaign proves that wanted criminals will eventually be brought to justice.” Deputy Chief Executive, Dave Cording, added: “This arrest comes less than six months after the fifth anniversary of Operation Captura. “Through close collaboration with the Spanish police, SOCA and the public, these individuals have nowhere to hide and those still on the run should think about handing themselves in before they are caught next.” This latest arrest brings the total number of those located to 48 out of 65 appeals since the campaign launched in October 2006. Operation Captura is the successful multi-agency campaign which identifies serious criminals believed to be on the run in Spain.

Read More

Expats in Spain warned of faulty hip replacements

Therapist Carol Duquemin, 59, decided to act after being forced to have her hip replacement removed after just four months. Duquemin – whose ordeal came after the manufacturer recalled the faulty product in 2010 – has teamed up with free health care service Medilink to provide advice and support to expats. “Up to 9,000 people in Spain could have been affected by the implants,” Duquemin said. “People are still not aware of the problem and the danger it poses to their health. “The law says you have to have it removed in the country where you had the operation but some hospitals here are not giving the help and information that they should, and it is a big operation that causes a huge trauma to the body.

Read More

Helicopter rescue for crew of ship aground

 

Coast guards in Italy have used helicopters to rescue the crew of a cargo ship after it ran aground on a reef off Sicily in stormy seas. All 19 crew members were ferried to shore by helicopters after the captain of the Gelso M gave the order to abandon ship. Weather conditions are deteriorating in the area near the city of Syracuse on Sicily's south-east coast. There were no reports of any cargo aboard the Italian-flagged vessel. Coastguard spokesman Cosimo Nicastro said four helicopters had been used to airlift the crew to safety, and all of them were well. Helicopters were needed for the evacuation because the ship's position on the reefs had made it impossible for the crew to lower lifeboats or for rescue vessels to approach. The ship's double hull meant there was a low risk of pollution but the environment ministry was alerted nonetheless, AFP news agency reports. Rescue service sources quoted by the agency suggested that, given the weather conditions, the captain had been sailing too close to the coast. The incident comes two months after the cruise ship Costa Concordia hit rocks off the island of Giglio on Italy's west coast, capsizing with the loss of 32 lives.

Read More

Abusing your embutido is prejudicial for your health

 

It has been revealed that those who eat more than 20 grams of chorizo or other embutidos a day could see symptoms and in severe cases suffer a chronic obstruction to the lungs, known as Epoc. It’s thought that the cause of the problem comes from the nitrates which are added as preservatives. The warning comes from CREAL, the Centre for Research in Environmental Epidemiology, who have published their study in the European Respiratory Journal. They say that more than 18,000 people die from Epoc each year.

Read More

German man arrested after Málaga lawyer's body found in the boot of his own car

It's now been established that robbery was the motive of the fatal attackThe lawyer's car where his body was found in the boot -The body of a lawyer, named as Salvador Andrés Reina, has been found in the boot of his car in Málaga. The lawyer had vanished in strange circumstances in Málaga last Friday and his body was found on Thursday, in the boot of his own car, parked by the bus station in the city. Police say the man’s body shows evident signs of having suffered violence, having been stabbed several times. A 50 year old German man, named with the initials P.R.B. has been arrested in connection with the case. He was arrested before the body was recovered on Thursday morning. Questioning has revealed that he had pretended to be a client, and killed the lawyer to rob him of 1,200 € which the lawyer was forced to take out of his bank. The lawyer’s family raised the alarm with the police on Friday morning last week after Salvador Andrés failed to return home as normal the previous night. They noticed that he had taken a large amount of money from the account, and this was very strange behaviour for a happy married man with two children. The German’s face was captured on a security camera, which has led to his arrest. The Málaga Lawyers College issued a statement which said that Salvador Andrés Reina ‘had been assassinated when meeting his obligations as a lawyer, attending to his office, when a unknown man turned out not to be a client, but a thief and a killer’. The College expressed its sympathies to the family, his companions and friends, and thanked the police for their ‘very intense’ work in solving the case and detaining the suspect.

Read More

Spain's 2 big unions call for general strike March 29

Spain's two main unions on Friday called a general strike for March 29 to protest the new conservative government's labor reforms and austerity cuts. It will be the first general strike against the government of Prime Minister Mariano Rajoy, which won elections last November and took office late last December, in the midst of Spain's deep economic crisis. The last general strike, in September 2010, was against the then-Socialist government, which also had initiated austerity measures. That strike slowed industry and transport, but much of the country went to work and many analysts saw it as a kind of a draw between the government and unions. Since then, the economic crisis has deepened. Spain's jobless rate is nearly 23 percent overall, and nearly 50 percent for youth. Nearly 5.3 million Spaniards are out of work. Union protests across the nation last month drew large crowds, which analysts say emboldened the unions to move ahead with a general strike. The government says the latest labor reforms are needed to bring flexibility to the workplace and to simplify the rules for employers. But unions say the effect will be to make it easier and cheaper to fire workers. The two main unions -- the Socialist-leaning General Workers Union and the Communist-leaning Workers Commissions -- held separate meetings Friday and then announced the general strike for March 29, a date Spanish news media have been reporting for days as the likely date for the strike. Rajoy, at a recent European Union summit, was reported by Spanish media to be overheard, via an open microphone, telling another EU leader that the labor reforms would cost him a general strike. The reforms were approved first as a decree law, with immediate effect, and the unions called on the government to make amendments as the bill moved through parliament. But the conservatives have a commanding majority in parliament and on Thursday approved the reforms unchanged. The government says the labor reforms make up only a portion of the elements needed to spur an economic recovery. It predicts a 1.7 percent decline in the economy this year. The government also has demanded reforms in the banking sector with the aim of getting credit flowing again and to clean up the books of lenders stuck with huge uncollectable debts left over from Spain's real estate and construction boom that went bust, precipitating the economic crisis. The unions earlier called a round of protests for this Sunday, which coincides with the eighth anniversary of the Madrid train bombings terrorist attacks that killed 191 people.

Read More