Russia - calls for simultaneous ceasefire in Syria

Published on Mar 13, 2012 by Euronews

http://www.euronews.com/ Kofi Annan is awaiting a response from Syria to his proposals to end the bloodshed across the country.

After meeting the president at the weekend, the UN-Arab League envoy has been talking to the opposition Syrian National Council.

There has been no indication, however, his initiative will lead to a breakthrough. That can only come according to Russia's Foreign Minister if Syrian government forces and their opponents stop the violence at the same time.

"This must be simultaneous, there can't be a situation where the government is called on to withdraw from towns and cities but not armed groups," said Sergei Lavrov at a news conference after talks with his Filipino counterpart.

Meanwhile, Syria's President Bashar al-Assad has set a date for multiple party parliamentary elections.

The May 7 poll will be the first under the new constitution approved by last month's referendum which has been rejected by those who have joined the uprising.

Britain - indie rockers "The Enemy" talk about returning after a two year break.

Published on Mar 13, 2012 by AssociatedPress

From the set of their latest music video shoot in London, British indie rockers The Enemy talk about returning after a two year break. (March. 13)

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The Enemy UK - Be Somebody (FIFA 10 Soundtrack)

Russia - chairman of country's huge aluminium company Rusal has resigned

Published on Mar 13, 2012 by Euronews

http://www.euronews.com/ The chairman of Russia's huge aluminium company Rusal has resigned.

The firm said Viktor Vekselberg stepped down because of a bitter struggle between its major shareholders over how to rescue the company from an estimated 8.4 billion euro debt.

Rusal is run by its biggest stockholder and chief executive, Oleg Deripaska, who was once Russia's richest man.

He has a 47.4 percent stake.

Germany - investor confidence is at its highest level since the middle of 2010

Published on Mar 13, 2012 by Euronews

http://www.euronews.com/ German investor confidence is at its highest level since the middle of 2010 according the latest monthly survey by the ZEW institute.

Germany, which is the biggest economy in Europe, is booming in contrast to some other eurozone countries such as Greece, Spain, Italy and Portugal.

The future is not without risk however since Germany will be affected by any deterioration in those other countries and any problems in the banking sector.

Sweden - Ericsson Acquires Division of Technicolor

Uploaded by FinancialNewsOnline on Mar 13, 2012

Ericsson (NASDAQ:ERIC) has agreed to acquire a division of Technicolor, a French media firm for $25 million along with a possible additional $12 billion based on the revenue of the division.

Magnus Mandersson, Executive Vice President and Head of Business Unit Global Services for Ericsson says, "As the TV industry is undergoing fundamental changes with the transition to multi-platform, on-demand television, teaming up with a trusted partner enables broadcasters to meet the increasing commercial and technological complexity and competition in the TV market. We combine our service and technology leadership with strategic investments in playout operations, broadcast capability and competence."

Ericsson (NASDAQ:ERIC) has potential upside of 4.7% based on a current price of $9.9 and an average consensus analyst price target of $10.37.

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