Latest update: 14/12/2008 

In the papers
France 24's journalists bring you a round-up of what's in the international press.
By Sophie DAVIDSON (text)

The Independent on Sunday (UK)
Rich investors ‘wiped out’ by Wall Street fraud

The Indie gives a bit of insight into Madoff’s double life, talking to a Wall Street professional for background on how he operated. Madoff was secretive and kept vital books under lock and key and refused to talk about how he made money. He met with few people and if he did they got 20 minutes.


Aujourd’hui en France (France)
L’escroquerie de l’ex-patron du Nasdaq ébranle la planète finance (Fraud by former head of Nasdaq rocks the finance world)

This piece focuses on the consequences of Madoff’s fraud around the world with some big names affected... Santander bank in Spain, Nomura in Tokyo, BNP Paribas in France. The article ends on a question… if Madoff, one of the most prestigious fund managers is nothing but a dirty thief, how can the others be trusted?

The Observer (UK)
In Athens, middle class rioters are buying rocks. This chaos isn’t over

The Observer looks at the class angle of the riots in Greece. The backdrop given is Greece's shoddy prospects for its youth... Unemployment among 18-25 yr olds is at 70% and  young people with degrees wait tables. The article talks of protestors selling pieces of rocks to wealthier young Greeks at three euros a piece to throw at the police... the better off are happy to pay euros for stones to throw. Young middle class people feel that their actions are getting them somewhere, with worldwide coverage and copycat protests in Europe.


The Sunday Herald (Scotland)
Young and Angry

Nicely following on from the Observer's piece this article  focuses on these copycat protests and says Greece’s troubles are catching. It tells of sympathy protests in Moscow, Madrid, Barcelona, Copenhagen, Bordeaux and Rome organised by the young using the Internet, text messages and websites Facebook and Twitter.

Aujourd’hui en France (France)
Leveaux est hors normes (Leveaux is beyond compare)

France’s Amaury Leveaux breaks the world record in the 100m freestyle having already broken the 50m world record this week. It’s the European championships in Croatia. The piece finishes with a nice quote from him wondering how on earth Michael Phelps does it - as he is completely exhausted by his own paltry efforts in comparison.

The Independent (UK)
Eat a camel and save the planet

The Independant following on from news earlier in the week that most Australians support a cull of camels, with news that Aussies are being told to eat more camel meat.  Camels have become pests in Australia, they breed like rabbits, and are causing problems for the country. Australians are being told camel burgers are healthier than other meats as they have less fat, plus Aussies are being urged that if they eat them they’ll be doing their bit for the environment too. This follows fairly unsuccessful attempts to get Aussies to eat their beloved kangaroos, and emu and crocodile meat.


 

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