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Source: http://www.travelblog.org/Europe/Italy/Lazio/Rome/blog-671393.html
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Check this out guys! It's the new best thing. It maybe our new favorite thing, we don't know.
But what we do know is that it's accurate. Totes accurate. Like, ladies - you will so see yourself in this. Don't deny it. Just ... don't.
Introducing the first episode of Shit Girls Say (above). Enjoy!
And whaaaat?! Juliette Lewis?! You funny bitch!
Perez Hilton 13 Dec, 2011The more we think about it, the more we want to see this!
During a recent interview, Avengers star Scarlett Johansson opened up about the possibility of a Black Widow spin-off movie...and it seems like she's all about it!
"I love playing the Widow. I think she's got a very interesting past, a lot of storylines to explore, and certainly Kevin (Feige) loves that character. I think that Marvel has a very personal relationship with their fans, and I think if the fans want it, and the audience wants it, nothing's impossible. I would love to explore that option as well. Like I said, I love the character and it would be nice to see something nice and gritty."
A gritty Black Widow movie sounds great to us, ScarJo! And since it's quite clear that The Avengers is going to be a hit, we'd say U'll get that spin-off opportunity for sure!
What do U think? Would U like to see Scarlett/Black Widow in her own movie???
[Image via WENN.]
Perez Hilton 13 Dec, 2011 Chandelier earringsJewelry is an ideal Hanukkah gift as it's precious and meaningful -- not to mention fashionable! These Juicy Couture chandelier fringe earrings are not only gorgeous, but their blue and silvery white colors are the colors of Israel. Gift wrap them in a nice box and your recipient will love these gems. | |
Fragrance setHas your friend been coveting a certain scent? A fragrance set is a no-fail gift, as long as it's a fragrance of their choice or one you know they'll love. This Chloe fragrance set features the eau de parfum spray, the eau de parfum and body lotion. With notes of pink peony, freesia and lychee and undernotes of amber and honey, this fragrance is a favorite among many ladies. | |
Cashmere sweaterBecause of its soft and luxurious feel, cashmere always makes the perfect gift. This aqua cashmere striped sweater will look great paired with crisp, skinny jeans and riding boots. Your friend will love the luxurious fabric and snuggly feel of the cashmere sweater. A scarf is also ideal as it's uber comfortable when wrapped around your neck to keep you warm. | |
Star of David pendant, and necklaceIf your recipient is a close and dear friend, then the Tiffany Star of David pendant from the Elsa Perreti collection is a meaningful and perfect choice. Not only is it a thoughtful gift, she'll love the delicateness of the necklace and it will quickly become a signature jewelry staple for her. For a more budget-friendly price, this Star of David necklace from Etsy will look just as pretty and mean just as much. | |
A little bubblySince Hanukkah is all about celebrating, as it's one of the most joyous times of the year in the Jewish faith, gifting Champagne is never a bad idea. Choose a night during Hanukkah to celebrate with your friend and learn about it. Then pop open a bottle of this Moet and Chandon Brut Imperial to toast the happy holidays together. | |
PumpsIf you're close, then you'll know her shoe size. Every girl loves shoes! Especially a fabulously crafted pair. These Theyskens' Theory pumps are the ultimate gift. Not only are they suede and perfectly structured, but they are an appropriate and practical height. Give a pair of these and you've got a no-fail gift, unless she prefers flats -- Theyskens' Theory has cute pairs of those, too. | |
Sequin jacketIs she a life-of-the-party kind of girl? This sequin jacket from Zara is sophisticated and chic without being too loud. The silver color is in tune with Hanukkah colors and she can wear it year-round. You both can hit the town on a girls' night out and she'll already have the perfect jacket for it! | |
Big tote bagIs she a traveler? If your friend seems to be out of town more than not, this Tory Burch Ella Tote is a must-have. It's not super big, but it still has a lot of room to store necessities when traveling. It also makes the perfect carry-on. The lightweight look and style makes it versatile for any season. | |
The pampering gal's holiday gift guide
Must-have gifts for the glamour girl
Gifts for the glamour girl's closet
The holidays are not the time to sabotage your sex life. You may be tempted to get a little extra cozy with whomever you happen to meet under the mistletoe, but be careful who you get too frisky with. Not everyone you take home with you will be worth it. Avoid post-sex regret this holiday season with our guide to four types of seasonal sex to avoid.
Getting back together with an ex for a holiday romp can be very tempting. It’s familiar, a bit naughty and it can feel good – while you’re doing it. Afterwards you’ll likely just end up angry at yourself for falling back into bed with someone you broke up with . Resist the urge to call up your ex or start flirting if you run into him at a party or bar. He may have turned on the charm to get you back into bed, but trust us; you’re better off being civil and just walking away.
Guys can be hard to predict. One minute everything’s fine and the next minute they don’t return your calls. If you’ve recently been duped by a guy you thought you had something with, don’t deal with your frustration by sleeping with the next guy you see. Sleeping with one guy just because you’re angry with another one is never a good idea, especially around the holidays. You have too much going on to be plotting how you’re going to hurt the loser that stopped calling or who picked up where he left off with his ex. Good riddance!
While we’re not against a little holiday fun with someone you met at a party, be careful about how much you let your last cocktail dictate who you go home with. Too many seasonal one night stands can just cause stress and actually start to get boring. Take a second look at the guy who caught your eye after your fourth rum and eggnog to make sure it’s not just the rum that has him looking so good. Our advice: Be a little pickier and spend your time this holiday with someone that’s really worth your time.
Being single around the holidays can feel like the worst thing in the world. When you’re not with someone, it seems like everyone around you is wrapped up in romantic relationships, sipping hot chocolate and kissing on sidewalks. It’s enough to drive even the most secure women to fits of self-pity. But having sex with someone just because you feel lonely isn’t always the best move. Rather than hit on a random guy in hopes of a hook-up, call a friend or spend extra time with your family. You’ll feel better if you remind yourself of all the love you do have in your life.
3 Reasons it's good to be single around the holidays
Flirting tips we can learn from the boys
How to tell if your hook-up is turning into the real thing
Newt Gingrich's 'Lincoln-Douglas' debate with Jon Huntsman sent its audience to sleep as the candidates agreed to agree
If the famous Lincoln-Douglas debates had been as insipid and smug as yesterday's self-styled copy – a debate between Newt Gingrich and Jon Huntsman – slavery would probably still be legal in America.
In reality the long-winded discussion in New Hampshire between the two 2012 Republican presidential hopefuls was more like a warm bath than a hot-tempered dialogue.
In 1858 Abraham Lincoln and Stephen Douglas clashed over slavery, equality and what Lincoln called "the eternal struggle" over right and wrong – "The two principles that have stood face to face from the beginning of time," in Lincoln's words.
By 2011, Gingrich and Huntsman politely mused alongside each other's thoughts, largely agreeing and when they didn't agree they merely agreed not to disagree. How agreeable.
The high point of the night came when Huntsman, in the middle of a windy reply, spotted a family member in the audience falling asleep. "I see my daughter nodding off, so let's move on," he said.
Note to politicians: when you are boring your own adult children to sleep, it may be time to reconsider the wisdom of your longshot run for the presidential nomination.
Rather than serving up an intellectual feast for Republican voters, the pair offered up arguments "as thin as the homeopathic soup that was made by boiling the shadow of a pigeon that had starved to death," as Lincoln said of Douglas's rhetoric, back in the days when Lincoln-Douglas debates meant fighting talk.
Trailing badly in the polls, Huntsman could have used the opportunity to put some clear blue water between himself and the baggage-laden former Speaker of the House. Instead the two men united against their sworn enemy: Mitt Romney.
On the subject of Iran, for example, the only difference was in tone. Gingrich described the consequences of a nuclear-armed Iran as "a holocaust" while Huntsman merely called it "the transcendent issue of this decade".
Certainly, historians don't recall Lincoln or Douglas offering each other the vice presidency*, as Huntsman did to Gingrich. And thank goodness.
* For historical accuracy: Lincoln and Douglas debated while competing for an Illinois US Senate seat, although both men did later run for the White House in 1860. And of course they couldn't have offered each other the vice presidency since they were both residents of the same state, something prohibited by the constitution.
Full coverage as the former NoW head of legal affairs, Farrer & Co lawyer and ex-Harbottle & Lewis lawyer give evidence
12.41pm: Josh Halliday has just tweeted this from the Glenn Mulcaire case in the high court:
Mulcaire's solicitor now being cross examined by News Group barrister.
12.37pm: Jay is now raising the question of a settlement between News International and Max Clifford and refers to a meeting with Rebekah Brooks in January or February 2010.
Jay asks Pike if is it correct that a settlement higher than advised was offered.
He asks Pike whether he agrees that News International was willing to pay "an over-value to avoid reputational damage".
Pike says he is getting into privileged territory and cannot answer this.
12.34pm: Jay asks Pike if did he not "harbour doubts" as far back as 2007 when the News of the World's former royal editor was convicted and Mulcaire admitted other people's phones had been hacked. He says these other people would have been "outside the bailiwick" of a royal editor.
"Speaking generally one can have suspicions," says Pike, but he did not have evidence of this.
12.33pm: Julian Pike is now giving evidence. He agrees with Robert Jay, QC for the inquiry, that it was in April 2008 "he no longer believed the rogue reporter defence".
12.29pm: Josh Halliday has just tweeted this from the Glenn Mulcaire case in the high court:
Mulcaire lawyer reading email exchange between Mulcaire and his solicitor, and his solicitor and Julian Pike re indemnity arrangement.
12.29pm: Abramson has now finished giving evidence. Julian Pike from Farrer & Co is up next.
12.28pm: The levbeson inquiry hears that News International's Jon Chapman made "some suggestions to the draft email that Abramson sent him" regarding the emails.
He suggest a penultimate sentence to say that Harbottle & Lewis did not see anything "relevant" to the grounds of appeal put forward by Goodman who had been sacked.
Abramson told Chapman he could not add this sentence.
Asked why, Abramson replies:
It wasn't the exercise we had been asked to conduct … to have then signed off an opinion that was much wider would have been wholly wrong and I couldn't have done that.
12.25pm: The Leveson inquiry now hears that others in Harbottle & Lewis considered emails back to 2003.
Abramson says he did not consider these emails at any point while he was working under the News International instructions between 24 May 2007 and end of June 2007.
Jay: Are you sure that he did not look at the 2003 emails?
Abramson: 'Sure' is a high threshold to something that happened four years ago, but the best of my recollection I don't believe I saw those emails.
Jay asks if he has since seen the 2003 emails – and if he had seen them back in May 2007, would his advice have been the same or different?
Abramson: "Different."
12.23pm: Josh Halliday has just tweeted this from the Glenn Mulcaire case in the high court:
Mulcaire lawyer: Mulcaire "told Tom Crone in 2007 that it was not just Goodman but Ian Edmondson who had been tasking him"
12.22pm: On 19 June 2007, Abramson received the full transcript from the central criminal court on the sentencing of Goodman in January that year.
12.19pm: Josh Halliday has just tweeted this from the Glenn Mulcaire case in the high court:
Mulcaire lawyer says Crone and Pike haven't submitted witness statements after earlier suggestions they would.
12.15pm: Abramson in his draft advice to News International said:
I confirm we did not find any evidence that proved any redacted names knew that Clive Goodman, Glenn Mulcaire or any other journalist at the NoW were engaged in illegal activites prior to the arrest.
The final advice was given on 29 May was similar. Abramson confirms that "we did not find anything" that proved "that Clive Goodman's illegal actions were known about".
Jay refers to instructions from News International on 10 May and says they perhaps set out "a lower test" for Abramson.
12.11pm: Abramson says he brought in another assistant to provide advice on the employment matter in relation to Goodman.
Robert Jay, counsel for the inquiry, asks if the concern, as well as concern over an unfair dismisal case, was to limit any adverse publicity.
Abramson replies; "Yes, I think that's right."
12.10pm: Abramson says the emails might have been "potentially embarassing" for News International. Asked what might have been embarrassing, he says:
They showed confidential sources, concerns about confidential sources, cash payments.
They revealed quite an active involvement in Clive Goodman's prosecution … [how News International] tried to influence how the defence was conducted, and one email which has been redacted that showed [Jay then stops Abramson].
The earliest email in the Abramson investigation was sent in 2005.
12.07pm: On 24 May, Abramson had a longer conversation with Chapman lasting 28 minutes.
He was concerned that about "a dozen emails" felt outside the scope of the instructions and wanted to speak to Chapman about them.
At this stage, they don't fall out the date range. They fell outside what I had been asked to consider because they did not suport Mr Goodman's allegations.
Asked what his concern was, Abramson replies:
My concern was that there was possiblity this might reach a tribunal and News would have much wider disclosure obligations. I felt these showed News in one way or another in an unfavourable light.
12.03pm: Abramson explains what emails he saw:
The emails I saw were those that were brought to my attention by the junior lawyers. They did the initial trawl … there were also a bundle of emails that arrived by Daniel Cloke in hard copy that he wanted me to look at.
12.03pm: On 14 May a standard "retainer letter" was sent to Chapman by Abramson.
The review was undertaken by two lawyers and one trainee under his supervision.
12.00pm: At this point Clive Goodman had already been convicted.
Jon Chapman, News International's former former head of corporate and legal affairs, wrote that on 5 February 2007, the company had terminated the employment contract of the former royal editor Goodman, who had just been convicted for phone-hacking offences. There was reference to Glenn Mulcaire. Abramson was faxed a copy of the termination letter.
Goodman requested certain emails in a letter dated 14 March.
Chapman explained he and Daniel Cloke, the then head of human resources at News International, had gone through internal emails to see if there was any evidence to support Goodman's claims that there were others involved in phone hacking.
Abramson was then asked to engage in an independent inquiry to see if there was any material in the emails that could "support Mr Goodman's contentions".
11.53am: Mulcaire was paid £105,000.
Abramson is talking about a conversation with a senior executive at News International over his initial instructions.
His notes show that other journalists used Mulcaire. He tells Leveson, however, that he doesn't think he was being told that Mulcaire was being used for phone hacking but for legitimate reasons.
11.52am: Back to Leveson. Abramson is talking about the emails he was asked to look at by News International following claims by the News of the World's former royal editor Clive Goodman that "two others" were aware of his activities (phone hacking).
11.51am: Josh Halliday reports the News of the World executive who allegedly tasked Glenn Mulcaire has been named in open court.
11.46am: The inquiry has now opened. The first witness is lawyer Lawrence Abramson.
Abramson explains he is a litigator and has specialised in the media industries.
11.44am: Mulcaire has also claimed in the high court that he told former News of the World legal affairs manager Tom Crone that he told him there was more than one reporter involved in phone hacking in 2007.
Josh Halliday tweets:
Mulcaire lawyer: Mulcaire "told Tom Crone in 2007 that it was not just Goodman but a named editor who had been tasking him"
Crone is about to give evidence a few hundreds metres away in court 73 where the Leveson inquiry is taking place.
11.41am: Glenn Mulcaire, the private investigator at the centre of the phone-hacking scandal, feels that Rupert Murdoch's News Group Newspapers should have paid more for "his silence".
Josh Halliday has just tweeted from the Mulcaire case:
Mulcaire lawyer: Glenn "feels let down by News Group … He feels News Group should be paying more for his silence"
11.40am: The Leveson inquiry will open shortly.
In the meantime, we have noticed an announcement on the Leveson website that Paul McMullan's witness statement will not be published "as it was not adduced in evidence".
McMullan was the former deputy features editor of the paper who memorably told the inquiry how chasing cars in celebrities was "great fun" before Princess Diana died and how he thought "privacy is for paedos".
11.22am: My colleagues Josh Halliday is in the high court covering private investigator Glenn Mulcaire's case against News International.
Mulcaire is suing the publisher for breach of contract after it decided to pull funding for his defence in phone-hacking court cases.
He has been named on dozens of claims relating to civil actions.
Mulcaire lawyer says "legality has been a casualty" in some parts of the media. That forms "unhappy background" to this claim.
Mulcaire lawyer: despite "muscular rhetoric" from MPs, nothing "exotic, unusual or improper" about NGN prior agreement to pay Mulcaire fees.
Mulcaire lawyer says NGN agreed to indemnify him in Max Clifford case but that was overtaken by "rapid settlement" in Jan 2010.
Mulcaire email read by lawyer: don't believe documents in Sky Andrews case "were escalated in NI as in Gordon Taylor matter."
11.16am: Good morning and welcome to day 16 of the Leveson inquiry.
Today the main witness will be Tom Crone, the former legal affairs manager at the News of the World.
He has become a central figure in the phone-hacking scandal. Earlier this year Crone and the paper's former editor Colin Myler claimed they made James Murdoch aware of widespread hacking within the organisation as long ago as 2008.
He is unlikely to be quizzed about this as phone hacking is more or less off the agenda at the Leveson inquiry.
However he is expected to be questioned about his involvement in the decision to allegedly launch a covert surveillance operation on two lawyers representing phone-hacking victims.
Last week one of those lawyers, Mark Lewis, told Leveson that News International sought to "destroy" his life.
Two other lawyers will also give evidence - Julian Pike, a partner at Farrer & Co which has acted at News International advisers for many years.
He worked closely with Crone on the company's settlement with Gordon Taylor, the chief executive of the Professional Footballers' Association.
He was also allegedly involved in a decision relating to the covert surveillance of two of the leading lawyers representing phone-hacking victims – Charlotte Harris and Mark Lewis.
Pike told a parliamentary select committee in October that he had seen evidence in 2008 that suggested there was "a powerful case" that an additional three News of the World journalists were "illegally accessing information in order to obtain stories", and had informed NI of this.
The third witness today is Lawrence Abramson, a former partner with solicitors Harbottle & Lewis, who were hired by News International to review around 2,500 internal emails following claims by the News of the World's former royal editor Clive Goodman that his editor, Andy Coulson, knew about phone hacking and that others on the paper were involved in the same activity.
He now works at another law firm, Fladgate.
Hmmm....inneresting...
A bashful Zoe Saldana was seen with a mystery man at the Watch the Throne concert Sunday night.
The two showed no signs of affection, but we have to wonder...is Zoe on the rebound??
[Image via National Photo Group.]
Perez Hilton 13 Dec, 2011This is one serious cat fight!
Okay, so you may remember last week there was all types of drama over Alec Baldwin getting kicked off of an American Airlines flight because he straight up refused to stop playing Words with Friends on his phone during the flight take off.
THEN Alec and the guys at SNL thought it would be super funny to spoof the whole thing on Weekend Update (and it totes was).
The problem: it turns out American Airlines isn't doesn't seem to have a since of humor.
The airlines confirmed that since Alec's game of Words With Friends gained him some enemies, the union is in talks of pulling the critically lauded 30 Rock from its inflight entertainment lineup.
That's right, this could end tragically.
AA, you are taking this WAY too far! Think of the thousands of people your hurting his is silly feud!
Alec, to just apologize for being a diva and American Airlines to get over yourself self and learn to laugh!
Perez Hilton 13 Dec, 2011Defence minister demands apology from Washington for invading Iranian airspace and says plane is now its property
Iran has rejected US calls for the return of a spy drone captured by its military and instead demanded an apology from Washington.
Tehran last week identified the drone as an RQ-170 Sentinel and said it was captured over the east of the country. The almost-intact aircraft was displayed on state TV and heralded as a victory for Iran in its protracted intelligence and technological battle with the US.
Iran's defence minister, Brigadier General Ahmad Vahidi, said: "Their plane invaded Iran and Iranian forces reacted powerfully. Now, instead of offering an apology to the Iranian nation, they impudently ask for the return of the plane."
US officials say the unmanned aircraft malfunctioned and was not brought down by Iran.
President Barack Obama said on Monday the US wanted the surveillance aircraft back and has delivered a formal request for its return, though Iran is not expected to comply.
But Vahidi said the US should instead apologise for invading Iranian airspace. "Iran will defend its stance and interests strongly," he added in remarks carried by the semi-official Mehr news agency.
Hours after Obama's request, the Iranian president, Mahmoud Ahmadinejad, reiterated his minister's comments. "The Americans have perhaps decided to give us this spy plane," he said in an interview broadcast live on Monday night on Venezuelan state television. "We now have control of this plane."
On Tuesday the Iranian legislator Hamid Rasaei told an open session of parliament the drone would remain in Iran, describing it as "war booty". Later, 186 legislators in the 290-seat assembly issued a statement condemning the "invasion" and urging the international community to take a tough stance over the "dangerous act".
Meanwhile, Iranian media said Obama's pleas for the drone's return puts the US in the role of a "beggar".
There are concerns in Washington that the Iranians may attempt to reverse-engineer the chemical composition of the drone's radar-deflecting paint or the aircraft's sophisticated optics technology that allows operators to identify suspected terrorists from tens of thousands of feet in the air.
There are also fears that the drone's database could be hacked, although it is not clear whether any data could be retrieved – some surveillance technologies allow video to stream through to operators on the ground but do not store much collected data, but if they do, it is encrypted.
Another legislator, Parviz Sorouri, claimed on Monday that Iranian experts were in the final stages of recovering data from the captured drone.
Telah terangkai mimpi-mimpiku bersamu
Takkan kumiliki dirimu untuk bahagia
Tak ada niatku untuk pernah melukaimu
Tak pernah kupahami rasa ini untukmu
Walaupun selalu kuterima lelah dan duka
karena menyayangimu
Could it be? Will Jurassic Park 4 finally make it to the theaters?
Previously, Steven Spielberg had revealed:
"The screenplay is being written right now by Mark Protosevich. I'm hoping that will come out in the next couple of years. We have a good story. We have a better story for four than we had for three."
But now in a current interview, Spielberg adds:
"I haven't been active in the last year because I've been so busy obviously on 'War Horse,' 'Tintin' and now I'm currently shooting 'Lincoln,' but right now, it's on the schedule to bring out another 'Jurassic Park.'"
We'll just have to wait until Spielberg decides to talk about the flick again, but hopefully they get to making this movie soon.
The people want a Jurassic Park 4!
Perez Hilton 13 Dec, 2011We really don't care what he is wearing - or not wearing - or what he is doing or what he is saying.
We just love the sight of Jonathan Groff! So yum!
Like four years ago, Lin-Manuel Miranda did this video playfully mocking our beloved Zefron from his High School Musical days.
In return, Jonathan Groff and not-Lea Michele, put together this rap in homage to Lin and his creativity.
Yes, Jonathan raps. No, nothing hurts!
ENJOY!
Perez Hilton 13 Dec, 2011• Spanish parliament meets for first time since election
• UK inflation is 4.8%
• Latest German ZEW survey, US retail sales, and Federal Open Market Committee meeting
• Live blogging now: @alexhawkes
11.33am: Some more from Jose Manuel Barroso:
I hope that we can work constructively with the UK government to make sure that the fiscal compact now agreed dovetails neatly with the European Union treaties so that the interests of all member states and institutions are respected.
It is in all of our interests to have a government of the United Kingdom that fully engages with the other member states and the European institutions.
11.26am: A bit of context for the Spanish T-bill auction mentioned earlier.
The rate for the 12-month debt was 1% lower than before, but that is comparing with an auction in November, when Spanish yields spiked. A 4% yield on 12-month debt is still a level not seen since 2007.
"Today's yields remain elevated," said senior fixed income analyst at Rabobank Richard McGuire.
10.51am: David Gow says I may have underplayed the significance of Jose Manuel Barroso's comments earlier.
Barroso has blown apart Dave's main justification that he was "defending the single market" by saying his six-point demand threatened it - and he, Barroso, tabled a compromise talking about protecting the single market and, specifically, financial services. The pent-up venom towards the UK is also now spewing out in the European Parliament - including from anglophiles.
What people don't seem to get is that Merkel also went out of her way to help Dave as she doesn't want Germany irrevocably tied to France and is closer on economic policy etc to the UK. But the demands he tabled at 3am on Friday last week, senior sources say, were for an effective veto on all single market legislation: "obviously, out of the question." What if Merkel had demanded special protection for the German car industry - VW (soon to be the world's biggest car-maker), Mercedes and BMW? Or Sarko for the French energy sector - EDF/GDF Suez/Areva? Cameron would have gone crazy...
10.24am: Sharon Bowles, a Lib Dem MEP and the chair of the European parliament's Economic and Monetary Affairs committee, has issued a strong statement criticising David Cameron's negotiations last week.
Bowles is under pressure, the FT reported this morning, and may become the victim of an anti-UK backlash in Brussels, so this piece of positioning will not harm her at all:
I abhor Cameron's use of the veto.
His demands were not 'moderate'. They were a mix of attempts to reverse agreed positions disguised by inaccurate invocations of conclusions from regular meetings of Finance ministers and interference in current legislative dossiers. It was a power grab, reneging on agreed legislation. Crafted as a wolf in sheep's clothing, it may have fooled some in the UK, but not us.
Asked to save the euro, Mr Cameron gave in to his eurosceptic party. He has jeopardised UK interests, including those of the City, when there was nothing in the European Council agreement threatening the UK.
After all, what was the purpose of the Vickers report; of higher capital requirements; and of tighter UK financial market rules, other than to respond to UK taxpayers´ demand for a safer City of London. We should be following that path alongside our European partners in harmony, not in antagonism.
In this crisis, there is no worse time for Cameron to have turned his back on Europe. His veto has made the summit result harder to deliver, more intergovernmental, and less democratically accountable.
10.20am: Reuters earlier repeated the obligatory line every time Italian bond yields come down - namely that the ECB is in the market, according to unnamed traders.
The Italian ten-year bond yield is now up 11 basis points to 6.715%.
10.00am: The Spanish debt auction seems to have gone well.
Spain raised €3.4bn in 12-month bills at a yield of just over 4%, a full 1% lower than last time out. The offer was covered three times over.
The €1.5bn of 18-month debt meanwhile was covered five times over, and attracted a yield of 4.22%, lower than the 5.16% last time out.
9.52am: The Times today has an interesting snippet on the EU negotiations over the new treaty.
If you have a subscription you can read it here.
The key paragraph says:
Britain looks likely to be joined by Sweden outside the new bloc, doubling the strength of the outer core against an inner 25.
9.47am: Chris Williamson, chief economist at Markit, is first off the mark (at least in terms of press releases sent to me) to comment on the UK inflation figure.
The much anticipated easing in UK inflation appears to be gaining traction. Inflation fell for the second month running in November, dropping from 5.0% in October to a three-month low of 4.8%. Supermarket prices wars, lower petrol costs, falling food prices and retailer discounts for winter clothing lines that struggled to sell in November's warm weather all contributed to the easing.
Despite the easing, however, the rate of inflation signals more pain for households in the coming months, as prices for goods and services continue to rise more than twice as fast as incomes. With inflation at 4.8% but employee pay growth at just 2.3% per annum, real incomes are still falling at a rate which will inevitably squeeze consumer spending in the lead up to Christmas and early next year.
With consumer spending accounting for around two-thirds of all spending in the UK economy, this will act as a substantial dampener on economic growth, and the combination of weak consumer spending with public sector spending cuts and falling demand for UK exports means there is a strong chance of the UK dipping back into recession as we move into 2012.
Looking further ahead, inflation is likely to fall sharply in the new year, which will reduce the squeeze on incomes and should help to lift economic growth later in the year. With last January's VAT rise falling out of the annual comparisons, and global food and energy price inflation dropping sharply, a marked fall in inflation to a rate of perhaps 3% could be seen as early as the end of the first quarter.
How far inflation falls later in 2012 remains a big uncertainty. The Bank of England is projecting the rate will drop to nearer 1.5% by the middle of next year, below the Bank's 2% target. That may be a little optimistic, given the steep rises in utility prices that have been pushed through by the energy companies in recent months. On the other hand, the recent steep downturn in survey measures of prices charged for goods and services by companies suggests that inflation has a long way to fall, and that deflationary pressures have grown considerably as the economic outlook at home and abroad has darkened. An inflation rate close to the Bank's target looks a reasonable forecast for mid-2012.
9.30am: Newsflash: November CPI is 4.8%, exactly in line with expectations.
9.12am: One thing worth keeping a close eye on is the Euro itself.
Mario Monti said last week that one of the things to note about the crisis was that the euro remained strong despite the debt issues.
Well it dipped against the dollar yesterday and is now trading at $1.3180 (one euro buying you that much in dollars, that is).
The euro was lower in October, so it isn't plumbing the depths yet.
8.54am: European Commission president Jose Manuel Barroso has said that Britain's demand for special treatment for financial services would have harmed the single market.
The United Kingdom, in exchange for giving its agreement, asked for a specific protocol on financial services which, as presented, was a risk to the integrity of the internal market. This made compromise impossible.
8.38am: Canaryatthewharf below the line asks about Commerzbank.
The German lender is said by Reuters to be in talks with the German government over further state aid.
Alread 25% owned by the state, it needs to find €5.3bn by mid-2012 to meet European Banking Authority capital rules.
The German finance ministry is saying only: "As a stakeholder in Commerzbank the government is in regular contact."
One to watch.
8.21am: The Dutch economy is already in recession, according to independent government agency the CPB.
It is forecasting the Dutch economy will contract by 0.5% in 2012.
8.06am: I mentioned the Italian bond yields earlier. They are rising again this morning, as the falls that preceded last week's summit are all unwound.
The yield on the 10-year bond is, according to Reuters, up 16 basis points on the day to 6.764%. If we carry on at this rate we should reach 7% by mid-morning.
8.00am: The FTSE 100 has risen by 7 points, or by 0.1%, in early trading.
The French CAC is up by 0.1% and the German DAX by 0.2%
7.56am: Spain will be a key focus today, not only because its parliament is meeting for the first time since the election.
Credit ratings agency Moody's has also just put eight Spanish banks on review for possible downgrade.
The banks are: Banco Cooperativo, Banco Sabadell; Bankia and its holding company, Banco Financiero y de Ahorro (BFA); Bankinter, CaixaBank and its holding company, La Caixa; Confederacion Espanola de Cajas de Ahorro (CECA); Caja Rural de Granada; Ibercaja Banco; and Lico Leasing.
Because of the weaker expectations for Spanish growth, the banks' income will be smaller, Moody's said. In addition it sees "increased loss expectations with respect to their commercial real estate exposure".
Separately, Moody's has downgraded the subordinated debt of 21 Spanish financial institutions.
In addition, Spain is going to the debt markets today, just as yields on its debt are also rising. Spanish 10-year bonds are up 10 basis points this morning to 5.9%.
7.39am: Morning everyone and welcome back to our coverage of the eurozone debt crisis.
I know, it seems like we haven't really been away. My colleague Graeme Wearden was live blogging events until late last night.
One key event worth recapping from his coverage is the suggestion that German politicians want to have a vote on last week's summit deal. That suggests the politics of getting any inter-governmental treaty signed by 26 countries will be fiercely complicated.
In the UK, the coalition looked yesterday as if it would not bust apart as a result of Cameron's "veto". Patrick Wintour this morning has more on the recriminations in Whitehall.
Today the key item on the UK agenda is inflation figures at 9:30am - which could provide some relief for the coalition in the form of a distraction. The forecasts suggest CPI will be down a touch to 4.8%.
Elsewhere, the Spanish parliament meets again for the first time since new prime minister Mariano Rajoy was elected last month.
The most worrying thing from yesterday's events, perhaps, were the bond markets: with no sign of the ECB looking to deal with the debt issues afflicting much of the eurozone, Italian borrowing started to climb again. The 10-year bond yields were pegged back eventually to 6.6% yesterday.
The bad news? They're climbing again this morning.
Militant group steps up campaign against US intelligence agency by revealing identities of 10 undercover officers in TV broadcast
Hezbollah has revealed the identities of CIA officers working undercover in Lebanon, a blow to agency operations in the region and the latest salvo in an escalating spy war.
The militant group made the names public in a broadcast on Friday night on a Lebanese television station, al-Manar. Using video animations, the station recreated meetings purported to take place between CIA officers and paid informants at Starbucks and Pizza Hut outlets. The officers met with informants at locations more than once, a procedure frowned upon because it risks exposure.
The disclosure comes after Hezbollah managed to partially unravel the agency's spy network in Lebanon after running a double agent against the CIA, former and current US intelligence officials said. They requested anonymity to discuss matters of intelligence.
In June, the Hezbollah chief, Hassan Nasrallah, revealed his group had identified at least two spies working for the CIA. It is not clear whether one of those spies was the same double agent working for Hezbollah, considered a terrorist group by the US. Nasrallah has called the American embassy in Beirut a "den of spies".
The incident happened despite top CIA officials being warned to be vigilant when handling informants after Hezbollah and Lebanese officials arrested scores of Israeli spies in 2009. The outing of the officers is particularly damaging because it will hinder the ability of these CIA employees to work overseas, especially as references to their names will be widely available to other foreign intelligence agencies online.
The CIA has dismissed Hezbollah's assertions. "The agency does not, as a rule, address spurious claims from terrorist groups," Jennifer Youngblood, a spokeswoman for the agency, said. "I think it's worth remembering that Hezbollah is a dangerous organisation, with al-Manar as its propaganda arm. That fact alone should cast some doubt on the credibility of the group's claims."
Former officials said one of the named officers was a rising star at the CIA and had been involved in many important operations in Iraq. Whether or not this employee would be able to continue their career with the agency outside the US is unknown. Former officials said it was likely Hezbollah had shared photographs of the officers with Iran, its closest ally.
It was not immediately clear whether the named CIA officers in Lebanon had left the country.
CIA officers have had their identities revealed in the past. The last instance came a year ago when the name of the agency's Pakistan chief was leaked to reporters. The CIA initially allowed him to stay in the country but later decided it was too dangerous for him to remain there.
The disclosure sends a sharp warning to the CIA to stay out of Lebanon, with Hezbollah suggesting it could have captured the officers at any time. In 1984 the militant group kidnapped the CIA's Beirut chief. He was tortured and later killed.
Al-Manar said the CIA team in Lebanon consisted of 10 officers and all used diplomatic cover. Their jobs were to oversee intelligence networks in Lebanon, it added.
Dalam sendiri ku menunggu
Diantara pedih ku setia menantimu
Datanglah kasih..
Malam ini ku merindukanmu..
Let's just hope nobody else gets violent over this video game!
In just 16 days, Activision Blizzard's ultra-popular video game Call of Duty: Modern Warfare 3 has grossed over $1 billion!
Avatar did it in 17 days. Wow.
Here's what Activision Blizzard CEO Bobby Kotick had to say about the major accomplishment:
"Engagement of our Call of Duty audience continues to rise around the world. Call of Duty as an entertainment franchise has made an indelible mark on popular culture and its broad and continued success is further validation that audiences increasingly value interactive experiences over passive experiences."
You hear that, James Cameron? Maybe U should make Avatar 2 interactive! Instead of 3D glasses, maybe every movie-goer can actually enter an Avatar pod and literally enter the world of the movie!
Now THAT would be 4D!!!!!
Have U purchased Call of Duty: Modern Warfare 3? Do U think it will end up making more money than Avatar overall???
Perez Hilton 13 Dec, 2011