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The World This Week - 22 August 2014 (part 2)

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THE WORLD THIS WEEK

The World This Week - 22 August 2014

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Tango Takeover in Paris

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Calls for ISIS media blackout after execution of James Foley

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IN THE PAPERS

'Steely resolve of reporters exploited by pared-down employers'

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BUSINESS DAILY

US judge calls Argentina bond swap offer illegal

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Live from the newsroom, we provide an overview of the stories making the French and international newspaper headlines. From Monday to Friday at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-07-03

Grim news and alarming psychoanalysis

Syrian President Bashar al-Assad apologises...to Turkey for shooting down a fighter jet. Also, Human Rights Watch investigates Syian torture centres. And there’s speculation about criminal prosecution of the Barclays bankers who rigged interest rates. For one paper that would not be enough, given the distorting effects that unconstrained power has on the brain activity of those running a virtually unregulated banking industry.

Human Rights Watch has investigated two dozen torture centres across Syria, and The Brisbane Times highlights witness accounts in which we read of stapled chests and electric shocks.

In the UK, the Barclays bankers responsible for rigging inter-banking rates could be prosecuted for criminal behaviour. The Independent argued the Chairman’s head should not have rolled though, as interest rate manipulation would have been below his level of oversight. CEO Bob Diamond should be the one to go. (Someone was listening, as Diamond has since stepped down).

In an essay on The Psychology of Greed, the Guardian cites studies which look into the effects of power on the human brain. Bank bosses are more powerful than most elected officials – particularly after decades of deregulation, and holding onto power changes brains by boosting testosterone, which increases the dopamine in the brain's reward systems.

While moderate amounts encourage people to be more strategic and bolder, the logic goes, extreme forms distort personalities, making them egocentric, unempathetic and greedy for financial, sexual and material rewards.

All the while, the excess of unchecked power dulls their perception of risk, even when a storm is brewing.

By Kyle G. Brown

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Archives

2014-08-22 tourism

'Steely resolve of reporters exploited by pared-down employers'

INTERNATIONAL PAPERS - Fri. 22.08.14: Papers continue to focus on the beheading of US journalist James Foley. The Guardian says that his death highlights the risks many...

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2014-08-22 Islamic State of Iraq and Greater Syria (ISIS)

Cécile Duflot ruffles some feathers

FRENCH PAPERS - Fri. 22.08.14: Former Housing Minister Cécile Duflot from the Green Party is in the spotlight. She's come out with a scathing new book about her time in the...

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2014-08-21 Journalism

'The pen is mightier than the sword'

INTERNATIONAL PRESS REVIEW - Thurs. 21.08.14: Papers across the world continue to react to the beheading of US journalist James Foley. Lots of papers focus on the video that the...

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2014-08-21 French politics

'Requiem for a recorder'

FRENCH PRESS REVIEW - Thurs. 21.08.14: In an interview with Le Monde, President François Hollande vows to hold the line and stick to the liberal pro-business shift he took in...

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2014-08-20 French politics

A bellwether for what not to do

FRENCH PAPERS - Weds. 20.08.14: French papers focus on the government and the first cabinet meeting since the summer recess. Right-leaning paper Le Figaro has harsh words for the...

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