Japan - Tokyo Olympus buildings raided in accounting scandal that hid 1.3 billion euros of losses from shareholders

Published on Dec 21, 2011 by Euronews

http://www.euronews.net/ Dozens of investigators have raided buildings belonging to the Japanese company Olympus in Tokyo.

Their inquiry revolves around an accounting scandal that hid 1.3 billion euros of losses from shareholders and customers over the last two decades.

Investigators also headed to the luxury development where a former company president lives.

The inquiry is a joint effort by Tokyo's police, prosecutors and financial regulators.

Spain - Spanish prime minister Mariano Rajoy has chosen mostly close advisers to make up his cabinet

Published on Dec 21, 2011 by Euronews

http://www.euronews.net/ The new Spanish prime minister has chosen mostly close advisers to make up his cabinet, which has the unenviable task of reviving a floundering economy and keeping the country solvent.

Mariano Rajoy has already promised deep spending cuts across government departments to cut the deficit.

His enforcer will be Luis de Guindos at the head of the economy ministry. A former executive at the ruined bank Lehman Brothers, he will be seeking to sell more austerity to a country where one in five is jobless.

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Chris Rene and Avril Lavigne perform "Complicated" by Avril Lavigne - Finale Night 1 - DuetTheXFactorUSA 2011

Uploaded by TheXFactorUSA on Dec 21, 2011

Chris Rene and Avril Lavigne perform "Complicated" by Avril Lavigne.

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Josh Krajcik and Alanis Morissette perform "Uninvited" by Alanis Morissette - Finale Night 1 - DuetTheXFactorUSA 2011

Uploaded by TheXFactorUSA on Dec 21, 2011

Josh Krajcik and Alanis Morissette perform "Uninvited" by Alanis Morissette.

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Melanie Amaro and R. Kelly perform "I Believe I Can Fly" by R. Kelly - Finale Night 1 - DuetTheXFactorUSA 2011

Uploaded by TheXFactorUSA on Dec 21, 2011

Melanie Amaro and R. Kelly perform "I Believe I Can Fly" by R. Kelly.

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Chris Rene performs his original "Young Homie" - Finale Night 1 - TheXFactorUSA 2011

Uploaded by TheXFactorUSA on Dec 21, 2011

Chris Rene performs his original "Young Homie."

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Josh Krajcik performs "At Last" by Etta James - Finale Night 1 - TheXFactorUSA 2011

Uploaded by TheXFactorUSA on Dec 21, 2011

Josh Krajcik performs "At Last" by Etta James.

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