Europe - Regulators Put Google (NASDAQ:GOOG), Motorola (NYSE:MMI) Merger Review on Hold

Uploaded by FinancialNewsOnline on Dec 12, 2011

European regulators have temporarily stopped their review of Google's (NASDAQ:GOOG) proposed acquisition of Motorola Mobility (NYSE:MMI) in an effort to gain more information about the deal before making a ruling, Bloomberg reports.

The European Commission had originally looked to make a decision by January 10, but the review was halted on December 6. A Google spokesperson says the EU's request for more information is "routine".

Google (NASDAQ:GOOG) has potential upside of 17.5% based on a current price of $621.49 and an average consensus analyst price target of $730.3.

Iran - US angered as Tehran blocks 'virtual embassy' launched last week by US State Department

Uploaded by BBCNewsHeadlines on Dec 12, 2011

Last week the US state department launched a "virtual embassy" website, but within hours, the Iranian government blocked it to domestic users.

The US says it aims to offer information and foster dialogue with Iranian citizens - but an Iranian spokesman said it was an admission that the US authorities had made "a mistake in turning their back on the Iranian people".

The US embassy in Tehran was closed in 1979 when militants stormed the premises and seized dozens of American hostages.

Karen Zarindast reports.

This video was produced by BBC Persian's Aydin Salehi.

USA - NY Times Investigation Claims Corzine was Personally Hand on with MF Global Trading

Uploaded by FinancialNewsOnline on Dec 12, 2011

According to a NY Times investigation, the former CEO of MF Global, Jon Corzine personally pushed through a $6.3B bet on European debt. From the investigation, it appears that former Governor Corzine has a gambling problem and "played a much larger, hands-on role in the firm's high-stakes risk-taking than has previously been known."

Corzine was even known to trade using his blackberry and often left meetings to check the markets. Unusual for CEO's Corzine was part of a group that traded the firms money.

Corzine stated at last week's Senate hearing that, "As of today, none of the foreign debt securities that MF Global used has defaulted or been restructured. There actually were no losses."

While technically true the Times also noted that about $1B is still missing for many of MF Global's clients.

What's In The News: December 12, 2011 - Research in Motion DuPont KKR & Co Bain Capital

Uploaded by FinancialNewsOnline on Dec 12, 2011

This is what's in the news for Monday, December 12th. The Wall Street Journal reports European governments and investors are waiting for today's decision on the summit accord worked out last week from the one institution they believe can stop the euro zone's downward debt spiral: the European Central Bank. The Wall Street Journal also reports Research in Motion (NASDAQ:RIMM) said it fulfilled its commitments to improve its operations and cooperate with authorities in Indonesia, so it doesn't understand why some local officials are again threatening to block its services. Bloomberg reports Toyota Motor (NYSE:TM), counting on the revamped Camry to spark a U.S. sales rally, is now under additional pressure as a stronger currency and Thailand’s floods cut into profit. And finally, Reuters reports several buyout firms are preparing to participate in the about $4B DuPont (NYSE:DD) auction for its automotive finishes and industrial coatings unit. Major private equity firms interested include KKR & Co (NYSE:KKR), Bain Capital, TPG Capital and Onex Corp.

Pakistan - Prime Minister Yousef Raza Gilani has said his country does not trust the United States

Uploaded by BBCNewsHeadlines on Dec 12, 2011

Pakistan's Prime Minister Yousef Raza Gilani has said his country does not trust the United States, and the feeling is mutual.

He told the BBC it could be weeks before a blockade of Nato convoys carrying supplies to Afghanistan is lifted, following two US air strikes which killed 24 Pakistani soldiers on the Afghan border last month.

Mr Gilani said it was vital to improve the relationship.

"We are working together and still we don't trust each other... we should have more confidence in each other," he said.

Birdman feat. Nicki Minaj, Lil Wayne "Y.U. MAD" music video

Published on Dec 9, 2011 by BirdmanVEVO

Music video by Birdman performing Y.U. MAD. (C) 2011 Cash Money Records Inc.

Britain - RBS Chairman says it was shocking that banks were rescued by the public

Uploaded by BBCNewsHeadlines on Dec 12, 2011
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FSA approach 'was seriously flawed', says chairman Adair Turner

Uploaded by BBCNewsHeadlines on Dec 12, 2011

Royal Bank of Scotland nearly collapsed in 2008 because of poor management decisions, inadequate regulation and a flawed supervisory system, a Financial Services Authority report says.

FSA chairman, Adair Turner said the organisation's approach to the safety and soundness of major banks was "seriously flawed".

Russia - Pro-Putin supporters rally in Moscow / Россия - Pro-Путин сторонниками митинг в Москве

Published on Dec 12, 2011 by Euronews

http://www.euronews.net/ Thousands of pro-government supporters have taken to the streets of Moscow to show their support for Prime Minister Vladimir Putin.

It comes after Saturday's mass protests against his United Russia party, which is accused of rigging last week's parliamentary election.

There has been no word from the prime minister himself. He has only been seen in public signing official papers to declare his presidential candidacy for next year's contest.
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Опубликовано: Дек 12, 2011 г. Euronews

http://www.euronews.net/ тысячи проправительственных сторонников вышли на улицы Москвы, чтобы показать свою поддержку премьер-министра Владимира Путина.

Это случилось после массовых протестов субботу против его партии 'Единая Россия, которая обвиняется в фальсификации парламентских выборов на прошлой неделе.

Там не было слов от премьер-министра сам. Он только появлялся на публике работ официальное подписание объявить свою президентскую кандидатуру на конкурс в следующем году.