Petroplus credit lines frozen by banks

Embattled oil refiner Petroplus said on Thursday that lenders had frozen access to its remaining credit lines in a further blow to the firm in the process of shutting down three of its refineries.   “Access to all credit lines under the Revolving Credit Facility have been suspended,” pending the outcome of ongoing talks with lenders, the Swiss firm said in a statement. Petroplus, Europe’s largest independent oil refiner,... [more]

Mubarak unlikely to be hanged

PROSECUTORS have called for Hosni Mubarak to be hanged, saying he bears full responsibility for the killing of protesters during the uprising against him, in a courtroom moment unthinkable only a year ago when Egypt’s longtime leader held unquestioned power. The demand for the death penalty at the 83-year-old former president’s trial played to the widespread resentment of Mubarak among Egyptians who hoped that punishment for... [more]

Neo-Nazi radio presenters sentenced in Germany

Eleven employees of a Neo-Nazi internet radio station were handed suspended sentences in the western German town of Koblenz Thursday. A twelfth worker was imprisoned for two years because he carried previous offences. The judge found all twelve accused guilty of supporting a criminal organization and inciting racial hatred. The station was found to have called on listeners to commit criminal acts. All of the accused admitted to working as... [more]

Dutch never before this gloomy

The Dutch have never before been so gloomy about their financial future. One third expect their situation will deteriorate in the next 12 months. During the financial crisis of late 2008 that percentage was at just 20 percent. The above figures were published by the Social and Cultural Planning Office (SCP) in its quarterly reportCivilian Perspectives based on a survey it conducted among 1,000 citizens between 4 October and 2 November. The... [more]

Swedish Customs ‘not focused’ on weapons smuggling

The Öresund bridge, connecting Sweden and Denmark, has long been known to be an important route for weapons smugglers to get their wares into Sweden. Despite this only seven illegal weapons were seized there over the course of 2011. “We have been mainly focusing on drugs,” said Anders Trägårdh, head of operations at customs in Malmö, to daily newspaper Dagens Nyheter (DN). The debate about the illegal smuggling of weapons... [more]

Germany forced to buy Austrian electricity

One of Germany’s energy providers was forced to use reserves from Austrian power stations on two days in December as a “precautionary measure,” according to a newspaper report. According to Die Welt newspaper, grid operator Tennet, which runs a huge section of the German national electricity grid, was forced to tap energy from Austria on December 8 and 9 last year to guarantee the stability of its supply. The transaction... [more]

Could Chrome overtake Internet Explorer in the browser wars?

A month ago, Google’s three-year effort to push its Web browser, Chrome, took a major step when analysts said it had passed Mozilla’s Firefox to become the second-most popular tool of its kind on the Internet. Today, that climb continues and has some tech observers wondering whether Chrome could do the unthinkable and topple perennial leader Internet Explorer from atop the browser rankings. According to Web analytics firm StatCounter, the... [more]

Why Katy Perry and Russell Brand’s split shocked friends

When Russell Brand announced on December 30 that he was divorcing Katy Perry, it wasn’t just their fans that were caught off guard. “I was shocked when I found out,” a source who knows the couple tells PEOPLE. “I was really surprised that Russell filed for divorce so quickly — especially at Christmas time.” Continues the source: “I thought they would be together for a long time. Maybe not forever... [more]

Chinese Billionaire Dies After Eating Poisoned Cat Meat Stew

A Chinese billionaire is dead after apparently ingesting some slow-boiled cat meat stew — though it wasn’t the cat meat that killed him. Police in southern China have detained a local official on suspicionof poisoning the stew at the restaurant where the two were eating in Guangdong province on Dec. 23. Agriculture official Huang Guang, billionaire Long Liyuan and a third diner were sharing a cat meat hot pot — a local delicacy... [more]

Antarctic reveals its deep, dark secrets

A “LOST WORLD” of previously unknown species is thriving in a deep sea hotspot near Antarctica, scientists have discovered. Researchers operating a robot submersible found a plethora of unidentified creatures including crabs, starfish, barnacles, sea anemones and an octopus. The communities were living around volcanic vents deep beneath the Southern Ocean, where temperatures can reach 382C. Hydrothermal vents create a unique... [more]

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