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20 Sept 2011

Charlie Sheen to pocket $25 million from settlement over ‘Men’ firing

Charlie Sheen to pocket $25 million from settlement over ‘Men’ firing   	Washington: Looks like Charlie Sheen is close to settling his 100-million-dollars legal dispute with Warner Bros. over his firing from the hit sitcom ‘Two and a Half Men’.

 

 

A person familiar with the talks, has revealed that the studio is wrapping up a deal to end the litigation.

According to The Los Angeles Times, Sheen is expected to receive about 25 million dollars from the Hollywood studio. The figure represents Sheen’s participation in profits from the show.

Meanwhile, a spokesman for Warner Bros. denied there is a settlement and declined to comment further. 

 

Strong dollar and low inflation make UAE expats a happier lot

 

The global economy may not be giving out the brightest of signals (don’t even look towards Europe), but expatriates in the UAE are keeping their fingers crossed as a stronger US dollar – to which the UAE dirham has a fixed peg – and a low inflation rate, thanks to declining rents, are heralding a feel-good factor they’d all but forgotten in the past few years. The US dollar has gained significant momentum in the past few months, and has led to the UAE dirham appreciate in tandem against currencies in which expats remit money home, leading to welcome monthly savings by expats. At Rs13.11 at 9.30am this morning, the Indian rupee, for instance, is trading at a two-year low against the dirham (the INR last traded at the same level against the UAE dirham in late September 2009). The Pakistani Rupee (PKR), on the other hand, is at an all-time low against the dirham, with Dh1 fetching as many as PKR23.9 as of Tuesday. The British pound, too, has lost ground against the US dollar – in effect, against the UAE dirham – and is currently trading at AED5.78 for £1, a level not seen since mid-January this year. Similarly, the Philippines Peso is trading at PHP11.90 vs Dh1, its lowest level since mid-March this year. Rental relief While the strong US dollar implies that expats with fixed monthly commitments back home – be it mortgage payments or family sustenance allowances – are making incremental savings on their remittances, what is really adding to their bank balance is perhaps the lower annual rental payments, which have declined substantially over the past two years. From the crazy days of early 2008, rents in the UAE – though still high compared to other property markets at a similar stage of development – have declined by 50 to 60 per cent in certain cases. With a vast majority of UAE expats living in rented accommodation, this has led to a substantial boost to their finances while at the same time pushing down debt levels in the country. Banking on growth According to UAE Central Bank statistics, bank deposits rose to an all-time record of Dh1.126 trillion in the first half of 2011, compared with Dh985.4b in the first half of 2010 – a growth of 17 per cent year-on-year. At the same time, overall bank lending (including loans to businesses) are witnessing a slowdown too, with loans and advances by banks up just 3 per cent in the same 12-month period. On the other hand, personal loans availed of by residents inched up by less than 1 per cent during the same period, from Dh245.6b in June 2010 to Dh248b in June 2011 – indicating that we are saving more and borrowing less now. Spending vs saving While this may bode well for the residents in the short-term, Keynesian economics suggests excessive saving, i.e. saving beyond planned investment, is a serious problem, encouraging recession or even depression. According to experts, excessive saving results if investment falls, perhaps due to falling consumer confidence and/or demand, over-investment in earlier years, or pessimistic business expectations, and if saving does not immediately fall in step, the economy declines, or stops growing. Saving in effect means not spending all of one’s income. Thus, it means insufficient demand for business output, unless it is balanced by other sources of demand, such as fixed investment – a recurring savings account or a fixed deposit in a bank, for instance. While such an account is ‘savings’ for one person, it gives the bank the freedom to lend the same money to another individual or a company for business purposes, plugging liquidity back into the general economy, which boosts growth. But in case of a lack of borrowing demand – as seems to be the case now – excessive saving corresponds to an unwanted accumulation of inventories, or what classical economists called a general glut. This glut in inventory eventually leads businesses to decrease production and then employment levels, leading to a fall in household income levels, and the beginning of a new recessionary cycle. A number of residents who saw their friends or friends of friends lose jobs or generally get into financial trouble in the recent past with the economic slowdown went into auto-savings mode – fearing the worst, they downsized their expenses and started saving for the rainy day. They became prudent in their expenditure. But at some point in their savings spree, prudent became paranoid – weekly grocery shopping bills began being overanalysed (did we really need the room freshener?); in some cases, non-working spouses returned to their home countries along with the kids to avail of complimentary (or at least less expensive) schooling there, and working individuals shifted to smaller accommodations, further cutting down on rents. But with things improving (incrementally and relatively), it may be time to stop being ‘paranoid’ and start being ‘prudent’ about your finances again. We are certainly not suggesting that you start splurging now in a bid to boost the overall economy – far from it – but do relax those purse-strings a little bit to once again enjoy some of the things that money can buy.

Spanish banks hit by spike in bad loans

 

Bad loans from Spanish banks, a major source of concern to financial markets, rose in July to the highest level in 16 years at nearly seven per cent, the Bank of Spain said on Monday. Bank loans whose recovery is in doubt amounted to 124.7 billion euros ($A166.5 billion), or 6.94 per cent of total assets, in July, the central bank said in a report - the highest ratio since February 1995. That compares to a revised bad loan ratio in June of 6.69 per cent. The central bank had previously said the bad loan ratio was 6.42 per cent that month. Advertisement: Story continues below Bad loans at Spanish lenders, especially its regional savings banks which account for half of all lending, have risen steadily since the collapse of the property sector at the end of 2008. The bad loan ratio at Spanish banks stood at 3.37 per cent at the end of 2008. Earlier this month Spain's struggling Caja Mediterraneo, under state control since July, reported a bad loan ratio of 19 per cent, fuelling concerns about the state of balance sheets across the banking sector. The financial health of Spanish banks is at the heart of market fears that Spain could follow the example of Ireland, Greece and Portugal in seeking a bailout from the European Union and the International Monetary Fund. The government and Bank of Spain have forced a wave of consolidation in the sector this year and are requiring banks to quickly increase the proportion of core capital they hold to above international norms. In July, Moody's threatened to lower the ratings of four Spanish banks, including the euro zone's largest, Santander, as well as the country's confederation of savings banks. The three other banks concerned are BBVA, CaixaBank and La Caixa.

18 Sept 2011

Roche threatens to stop supplying Spanish hospitals

 

multinational pharmaceutical company, Roche, has warned Spain that it may stop supplying its products to Spanish hospitals and clinics. It comes as the company has stopped supplying medicines to Greek hospitals because of the debt they are owed, and that say that what they are owed by some regional administrations in Spain is ‘at the limit’. CEO of the company, Severin Schwan, made the revelation to the New York Times, and El País then asked Roche España for comments. The response was ‘As is happening in other countries, the crisis situation and the debt in Spain is significant and some regional administrations are at their limit’. Regions such as Castilla y León are now paying medical suppliers after two years, but Roche reports delays of 900 days are now happening, while Andalucía, Valencia and Castilla-La Mancha has an average payment time of more than 600 days.

Moroccan cops seize Scot caught with £500k of cannabis resin

 

holidaymaker is being held in a hell-hole Moroccan jail after being caught in a camper van with £500,000 of hashish. Daniel Healy, 66, was arrested last week as he tried to drive across the border from Morocco to the Spanish enclave of Ceuta. The police discovered the 100kg stash of cannabis resin hidden in aluminium boxes stashed in a water tank. Since then, Healy – who is from Glasgow – has spent six nights in the violent and cramped Tetouan prison. Friend Graham Boszormenyi, 46, claimed that Healy was unaware of the hidden drugs. Ex-Royal Navy submariner Graham said: “Daniel is a good friend of mine and I know that he had no knowledge of what he was carrying. “I spoke to him a couple of days ago and he said he plans to plead guilty because he’s been told he’ll only get one year. “But I know the system in Morocco and I don’t believe it for a minute. “I’ve been through this before. Twice they’ve had me in Morocco and I think he could end up getting four to six years – and he’s too old for that. “He’s in the worst prison possible, where there are 60 people in a cell with one shared toilet. “He’s a harmless old man who is known by lots of people around the world. He’s a noisy drunk but he’s not any kind of criminal. “I know the people who are behind this and I think they will help by coming forward to the UK authorities and telling them that he knew nothing about it. “I have spoken to his family in Scotland and they are understandably very worried. “He has been sucker-punched. He had no idea that these people had just used him. It’s backfired on everyone, especially him. “He was travelling under a different name, John McLeish. I don’t know why. He’s due to be tried on Tuesday.” Healy was driving the Spanish- registered camper van when he was stopped on the border between Morocco and Ceuta. He had been expected to get a ferry from Ceuta across the Mediterranean to the Spanish city of Algeciras. Healy’s daughter Siobhan is a celebrated glass artist with a studio in Glasgow’s Dennistoun. The 34-year-old – whose clients include the Scottish government, the BBC and many councils – said: “I don’t know anything about this. “It doesn’t sound like the kind of thing my dad would be involved in.” Officials from the British embassy are expected to make the 215-mile trip from the Moroccan capital Rabat to offer Healy assistance. A US state department report on Moroccan jail conditions said: “They generally did not meet international standards. “Prisons were overcrowded, resulting in poor hygienic conditions and are prone to violence.” A Moroccan police spokesman said: “We arrested a Scottish man and he is now in prison. We can’t tell you anything else.” A Foreign Office spokesman said: “We are aware of the arrest of a British national in Morocco."

17 Sept 2011

Saudi prince's wife denies Spain rape allegations

 

The wife of billionaire Saudi Prince Alwaleed bin Talal denied Saturday claims her husband raped a model on a yacht in Spain in 2008, saying she was with him in France when the alleged crime took place. "I was with my husband outside of Spain the day these allegations took place in Ibiza," Amira al-Taweel was quoted as saying by the prince's chief of staff, Kholud al-Dussari. "Quite simply we were not there. We were together in the French city of Cannes. I was with him all the time, and we were with at least 30 people," she said. "Hundreds of witnesses can confirm that we were in Cannes, just as there are dozens of proofs that we were not in Ibiza in 2008." A Spanish court has reopened a probe into the allegations, according to a ruling seen by AFP on Wednesday. Prince Alwaleed is a nephew of King Abdullah and one of world's richest men. He is being asked to respond to a complaint of sexual assault against him in August 2008 by a model who was 20 at the time. In a statement, Alwaleed's Kingdom Holding Co. denied the allegations and said he only heard of them on Tuesday. "These allegations are completely and utterly false. The alleged encounter simply never happened. Indeed, the events could not have happened," said the statement published on the company's website. A judge on the Balearic island of Ibiza ordered the case closed in May 2010 for lack of evidence. But a provincial court overturned that ruling on May 24 and a court in Ibiza on July 27 reopened the proceedings to formally request assistance from the Saudi authorities to take a statement from the prince. The prince, 56, has holdings in Citibank and Rupert Murdoch's News Corporation. Forbes magazine lists him as the 26th richest person in the world with assets of $19.6 billion (14.4 billion euros).

Mijas Fire NOT arson Bonfire

 

BONFIRE not been properly extinguished near a stream in Entrerrios, Mijas, was the cause of the wildfire which started on Sunday (12th September) night destroying a vast stretch of land. This was the conclusion reached by the regional government’s fire investigation unit, Brigada de Investigacion de Incendios Forestales, on Monday (12th September). Remedios Martel, from the Junta de Andalucia, dismissed rumours suggesting the fire was an act of arson. Five homes were damaged, two of which were completely destroyed by the fire. But witnesses say minor damage has affected several other houses in urbanizations including El Soto de Marbella, Elviria, set in a UNESCO designated nature reserve.   Jan Mansi, former president of Phase 2 at El Soto de Marbella Urbanization described the landscape after the fire as “a skeleton of what it was.” “People mainly come to live in the area for the greenery,” she said. But residents at El Soto should consider themselves very lucky, she said, as the flames spread to just metres from the properties. The blaze affected 6.8 million square metres of in Mijas, Ojen and Marbella – the equivalent of 958 football pitches – according to Infoca, the regional fire department. Around 300 properties were evacuated in these areas but occupants were able to return to their properties on Monday. Twenty five patients at a drug rehabilitation centre in Mijas were also evacuated after the staff were told by Guardia Civil they were at risk due to strong winds, according to Paloma Alonso from the facility. They spent the night at the Las Lagunas sports centre being allowed to return on Monday afternoon. The fire was brought under control at 9am Tuesday, and declared completely extinguished at 10pm. Five hundred people participated in the effort to extinguish the blaze, as well as 11 fire engines, and 22 planes and helicopters. This is the biggest fire in Mijas since 2001 when a car blaze led to a wildfire that affected 700 hectares of land.

Torremolinos shooter pushed wife off Eiffel Tower

 

THE man, 79, accused of killing another in Torremolinos town centre served time for pushing his wife off the Eiffel Tower in 1963, according to a Spanish daily. He was 31 at the time, she was 28, and they had emigrated to France and were working in a factory on the outskirts of Paris. Although he denied the accusations, he was sentenced to five years in prison. Last week he was arrested for shooting a man of the same age outside the Entreplazas office building in Torremolinos and has since remanded to prison without bail. Apparently some years ago the victim wanted to sell an apartment and spoke to the other man who found him a buyer, although the transaction did not go ahead at the time, but later, in 2006. The shooter asked for commission and although the victim gave him some money, the attacker wanted €12,000, and was sentenced to four years in prison in 2007 for stabbing the buyer. He was released in January 2009 and began to threaten the victim, who reported him to the police last month. When he was caught by police after the shooting he claimed that a bag containing the weapon which he was carrying was not his.

THE seventh edition of the Marbella Classic poker series was won last weekend by a visitor from the beautiful Emerald Isle, Mr Thomas O’Shea.

 

THE seventh edition of the Marbella Classic poker series was won last weekend by a visitor from the beautiful Emerald Isle, Mr Thomas O’Shea. A highly delighted Thomas picked up a very handy €11,500 for his troubles after beating some of the local poker pros into submission, including last year’s series winner Julian Galan, Miguel Cortijo, Marco Palazon and the very charismatic Pedro ‘El grande’, Spain’s answer to super Mario. Congratulations must also go out to former Marbella Mob Poker founder member Sir Nigel Goldman. In his first European Poker Tour event two weeks ago in Barcelona, he managed to secure his expenses and a little bit more by getting a very respectable 66th place from a record starting field of 817. A nice cheque from the casino for €12k and a jolly decent stay in the fabulous Arts Hotel were just what the doctor ordered. Well done Sir N. Closer to home, the local games are just throwing up amazing hand over amazing hand. Not quite as dramatic as the back to back straight flushes a couple of weeks ago, but none the less very remarkable. How would you feel if you flopped quad tens only to have the monster overturned by a royal flush? Pretty sick eh, actually this is the second time in less than a week that poor Gary has come up against the 650,000 to 1 shot as last week his full house got done by the Royal flush of clubs. Last night his quads got beaten by a royal flush in, guess what? Clubs again!! To specifically hit a royal flush in clubs is a 2,598,960 to 1 chance. He had better buy his lottery ticket now as he’s got more chance of hitting the jackpot than what’s happened to him.

Des O'Connor is in Marbella topping up his tan.

Des O'Connor is in Marbella topping up his tan. He’s only been here two days, but already he’s an improbable shade of mahogany. 

‘Look at this,’ he says, flashing a generous glimpse of sun-burnished chest.

‘I only have to look at a travel brochure and I go brown. My neighbours see me and say: “Here he comes, the Singing Tan”.’ 

'My wife has mentioned having another baby. But it would be a bit selfish of me at my age, even though I'm in reasonably good nick,' said Des O'Connor

'My wife has mentioned having another baby. But it would be a bit selfish of me at my age, even though I'm in reasonably good nick,' said Des O'Connor

Here we have the measure of Des, 79, one of the nation’s best-loved entertainers: his capacity for self-mockery is matched by an irrepressible facility for fun. 

Inducing laughter in others is a compulsion. And in a world where vulgarity and foul-mouthed parody pass as comedy, Des’s brand of humour is remorselessly clean.

He’s never said a word worse than ‘piddle’ during an act. He doesn’t go in for gratuitous insults. Once he made an unkind joke against Christine Hamilton, wife of the ex-Tory MP Neil, and felt so bad about it after he resolved never to be hurtful towards anyone again. 

Yet when his old friend Eric Morecambe routinely disparaged him on the Morecambe And Wise Show, he joined in the laughter. Each week, there would be a fresh assault on his voice.




Super Heavy: Mick Jagger's motley crew

 

What can the Rolling Stones, Eurythmics and the blockbuster Slumdog Millionaire possibly have in common? More than you think -- at least that's the bet behind Super Heavy, a five-strong supergroup fronted by Mick Jagger whose new album comes out Monday. Five stars from the worlds of rock, soul, pop, reggae and world music -- Jagger, Eurythmics' Dave Stewart, soulwoman Joss Stone, Bob Marley's youngest son Damian and AR Rahman who scored the "Slumdog" soundtrack -- have brought their eclectic styles together for the occasion. The motley make-up of Jagger's new supergroup, the term used when musicians team up on the model of Cream in the 1960s or Damon Albarn's Gorillaz, has raised some eyebrows in music circles. But Jagger insists the resulting album -- titled simply Super Heavy -- is "not all weird". Super Heavy was the brainchild of Dave Stewart, who said he was inspired by the mish mash of sounds he heard wafting through the window of his home above Saint Ann's Bay in Jamaica. "It's kind of the jungle, and sometimes I'd hear three sound systems all playing different things. I always love that, along with Indian orchestras," Stewart told Rolling Stone magazine earlier this year. "I said to Mick, ?How could we make a fusion?'" A few phone calls later and plans for the troupe -- who together claim 11 Grammy Awards -- were in the works, with a first jam session held in Los Angeles six months on, in early 2010. "We didn't know what the hell we were doing," said the Eurythmics founder and co-writer of such 1980s hits as "Sweet Dreams" and "Talking to an Angel". "We were just jamming and making a noise. It was like when a band first starts up in your garage. We might have a 22 minute jam, and it would become a six minute song." Jagger -- who plays the guitar and harmonica as well as singing on the album -- has warned it is "a different kind of record than what people would expect." "It's not all weird and strange though," he told Rolling Stone of the result, a concentrate of musical styles drawn from around the planet. The rhythms and vocals of Damian Marley, who has worked with some of the top names in US hip-hop, leave a strong mark, along with AR Rahman's Bollywood-tinged melodies, some of them sung in Urdu. Joss Stone's deep voice adds a touch of glamour and emotion, while Mick's own performance is Jagger to the hilt. The first single off the album, "Miracle Worker," went on sale online on July 7 and the AZ record label, part of the Universal music group, releases the full album worldwide on Monday. The idea of a supergroup stems back to the 1960s when Cream brought together Eric Clapton of the Yardbirds, Ginger Baker and Jack Bruce of the Graham Bond Organisation in 1966 -- becoming a rock monument in its own right. Two years on, David Crosby of The Byrds, Buffalo Springfield's Stephen Stills and Graham Nash of The Hollies split from their bands and reformed as Crosby, Stills and Nash, producing its now-classic vocal harmonies and folk guitar, sometimes with Neil Young. Less of a hit despite an A-list cast, the Traveling Wilburys was set up in 1988 by Bob Dylan, George Harrison, US rockers Roy Orbison and Tom Petty, and Jeff Lynne of the Electric Light Orchestra. The supergroup trend has resurfaced in recent years, spurred in part by the globe-trotting tastes of Blur frontman Damon Albarn, the creative mind behind both the Gorillaz music project and the 2007 supergroup album "The Good the bad and the Queen." Jack White of The White Stripes also helped found two supergroups in the past decade, The Raconteurs and The Dead Weather. And in 2009, Them Crooked Vultures brought together rock legend Dave Grohl of Nirvana and the Foo Fighters, with Josh Homme of Queens of the Stone Age and the multi-instrumentalist John Paul Jones, of Led Zeppelin fame.

16 Sept 2011

Saudi Arabia: Pretty Maids From Morocco Seen as Threat

 

Back in early September, the recruitment committee of the Council of Saudi Chambers of Commerce and Industry announced that recruitment companies would be established and will be licensed to bring in housemaids from Morocco, East Asia and South Africa. The move has caused outrage in unusual places. The reason for this recruitment move, according to a Saudi chamber official, was that they were turning to Morocco and other countries to get its domestic workers following a dispute with the Philippines and Indonesia, the largest suppliers of housemaids to the Gulf countries. The dispute has centered on pay and conditions, but Indonesia had earlier this year also criticized the Saudi government for beheading an Indonesian maid. Of the 1.2 million Indonesians working in Saudi Arabia, over 70% are domestic helpers. The ban on maids from Indonesia and the Philippines hit Saudi households hard, causing many to resort to hiring illegal maids over Ramadan. The Saudis are reliant on foreign workers to perform their household tasks for them and very few Saudi women will work in such menial positions despite high unemployment, as they would be looked down on by other Saudis. The ban came into effect following the two countries attempts to introduce regulations for the work conditions of their nationals. Trade Arabia said both countries demanded better working conditions for their employees. Saudi walked away from the negotiations abruptly and decided to look for domestic employees from countries such as Morocco who they perceive as not as concerned about imposing regulations to protect their workers. It also became clear that lower rates of pay could be offered to other nationals. Right from the beginning the scheme ran into problems in respect to recruiting maids from Morocco. The recruitment committee said that the immediate employment of Moroccan maids could prove an issue as there were no official recruitment offices in Morocco to process the papers of prospective domestic helps. It was suggested that there could be a way around the problem with Saudi citizens being given work visas to bring housemaids from Morocco on their own. The whole issue of Saudi maids has been at the centre of international protests for years, especially in regard to exploitation, sexual harassment and torturing of foreign housemaids. The notion that individual Saudi's could fly to Morocco and find a young woman and take her back to Saudi, is truly worrying and will, no doubt, offend our readers. The chairman of the Council of Saudi Chambers of Commerce and Industry, warned Saudi citizens against contacting any offices claiming to be able to send housemaids from Morocco to the Kingdom. "They are all fake. You should not heed the false claims of these fake offices." he warned prospective employers. The spokesman of the Labor Ministry, Hattab Al-Anzi, said the recruitment offices would grant citizens work visas for housemaids from Morocco. "It is now the responsibility of the citizen to look for authorized private recruitment offices to bring workers from Morocco," he said. Then, suddenly, the plan to import maids from Morocco ran into even more problems. Those fighting to stop the "maid-trade" got support from an unlikely source - Saudi women. They objected to the importing of Moroccan girls, not because they didn't think they would work hard, or that they were against the exploitation of young foreign women. No - it was because they thought the Moroccan women were too beautiful. At first it sounded like a sick joke, but the Saudi women were serious.     "Many Saudi woman have objected to plans to import domestic workers from Morocco…they say the Moroccan women are beautiful and this will cause continuous anxiety and concern in Saudi families,” - 'Sharq' Daily It is a relatively rare for the voices of Saudi women to be raised in protest. This year there have been notable exceptions as some women protested for the right to drive, whilst others demanded the right to vote. Now they have another common cause - to ban female domestic maids from Morocco. It started slowly, but over a few days the protests grew to the point where the Saudi women inundated the government with complaints that Moroccan women are just too beautiful and may lure their husbands away. According to the website Emirates 24 the Shura Council was “deluged by demands from Saudi women” "Moroccan women are so attractive that their husbands could easily fall for them…others said Moroccans are good at magic and sorcery and that this could enable them to lure their husbands.” - 'Sharq' Daily If the women of Saudi Arabia fail to stop this "maid-trade" then it is imperative that the Moroccan government scrutinize the contracts and conditions of every maid taken to Saudi. They should also take steps to educate Saudi women to understand that while Moroccan women may be beautiful, they are not dangerous.

15 Sept 2011

British man arrested in Martorell facing paedophile charges

 

British man has been arrested in Martorell, near Barcelona, accused to taking photographs of and abusing youngsters in the locality. The complaint against him was made by a shop owner who saw how the man was taking photographs of his children in his shop. Closed circuit television in the shop confirmed the behaviour of the suspect who visited the shop every day and who told the children how to pose, including showing their underwear. The shop owner also alleges that touching took place. The 54 year old Briton has not been named in reports, but is said to live in Burjassot, Valencia, and faces charges of involvement in child pornography and also the sexual abuse of children, according to the regional police, Los Mossos d’Esquadra. They found some 40,000 paedophile archives on the man’s computer at his home and the suspect is being held in prison ahead of appearing in court

Boxer Scott Harrison released from Spanish jail

 

SHAMED Scottish boxer Scott Harrison is a free man after being released from a Costa del Sol prison. Harrison, 34, walked free from the notorious Botafuego jail near Algeciras after serving two and a half years for assaulting a policeman, and factory worker Jose Manuel Ortega in 2006. The former WBO title holder was jailed in 2009 for the assault – which took place in Alhaurin el Grande – but could still face extra jail time for another alleged attack in a Costa del Sol brothel in May 2007. He and cousins David McGill, 37, and Edward McGill, 39, were accused of battering bar boss Rafael Sainz Maza, 31, with Harrison facing three counts of assault. Following his release on Saturday, the Glaswegian spent time with his family at an apartment in Estepona’s Albayt Resort before strolling along Bermuda Beach with his fiancee Stacey Gardner, 27, and two-year-old son Jack. The father-of-three returned to the UK on Sunday, flying from Gibraltar in a possible bid to avoid the Spanish airport authorities. In 2009, Harrison told the Olive Press of his determination to rebuild his career once he was released. “I can tell you now that Scott Harrison will be back. I want to repay the fans for the faith they have shown in me,” he said. “I have never been so focussed and determined in my entire life. Being locked up helps develop that. “I’ll have a clean slate – a new start and the determination to show everyone I’m back.”

solutions to the expat Spanish property scandal

 


Entering the Andalucian property market is like entering a minefield. Some will emerge unscathed and others will step on the unexploded bomb. There is no reliable map to guide you. The tripwire for the unlucky is a poorly-policed system for urban planning and land management, which has resulted in an estimated 300,000 illegal buildings in this region of Spain alone. The consequences of owning an illegal property are many and varied, ranging from unexpected and expensive urbanisation costs to land grab, court proceedings, fines, denial of access to basic services or in the worst case scenario, demolition of your property. Since the problem emerged over a decade ago, the regional government has made efforts to cauterize the wound. It has introduced new regulations which attempt to ensure that mistakes are not repeated. However, it has thus far failed to effectively tackle the stockpile of illegal housing which continues to stink up the market place. Its latest legal manoeuvre, a draft decree, describes a complex, sometimes ambiguous, lengthy and expensive solution which fails to bring any immediate relief to those facing demolition or denied access to basic services. More decisive action is required in my view. The market demands it and the homeowners desperately need it. As president of AUAN (Abusos Urbanisticos Almanzora, NO), an association of some 700 British homeowners who have become trapped in this mess, I have a fairly detailed perspective on the problem and its possible solutions. I believe that the following should be done. Change the law The genie is out of the bottle and cannot be returned or ignored. The regional government must create a complete and up-to-date legal framework to deal with illegal constructions. This requires changes to the planning laws, rather than clarification of its finer details via various decrees. For example, current planning law does not recognise the existence of a house in the countryside unless it is associated with farming or is more than 25 years old. This does not conform to the needs of rural communities, the demands of the market or the current reality of homes in the countryside. Current planning law does not permit the segregation of a rural parcel of land to create a building plot. In reality, such parcels exist in large numbers, and must be dealt with to solve pressing problems with title to land and the property on it. Introduce interim measures Realistically, a properly-ordered solution will take years to implement. In the meantime, prosecutors are obligated to seek demolition of illegal properties and service providers are obligated to deny access to basic services such as electricity and water, creating untenable situations for the homeowner. Interim legal measures are required whilst fair and just solutions are put in place. Remove planning powers from small town councils In my experience small councils lack the funding and the technical expertise to prepare complicated town plans. There is also the frequently irresistible temptation to rezone the land of friends and family as lucrative building land at the expense of the wider community. A centralised function would create economies of scale and be more impartial. Act decisively against illegal construction It is easy to find examples of continued illegal construction. There are less than 50 planning inspectors in Andalucia for a land mass of 33,694 square miles. The complicated intermingling of politics, business, wealth and favours in small Spanish towns makes it unlikely that such activities will be reported. Citizens alerting the authorities to illegal construction need a means to protect their anonymity. Compensate Create a fund to compensate those whose homes have been demolished through failings in the system rather than any wrongdoing on the part of the unsuspecting homeowners. Divert money from marketing campaigns for this purpose. It will do more good. The government of Andalucia has complete control over planning matters within its borders. This gives them the power to amend the law to solve the problem. One can only hope that they heed the demand for change not only from Spanish nationals who are similarly affected and who will have their say in the coming elections, but also from the thousands of foreign homeowners who were encouraged to settle here only for their investment to be wiped out and their dreams shattered. If Spain wishes to remain the premier choice for European retirees and to bring in much needed new investment, it needs to make changes that will offer the security demanded by purchasers. If it continues to ignore the mistakes of the past or papers over the cracks with piecemeal legislation, consumers and the property industry as a whole will continue to be badly served.

Fitch downgrades five Spanish regions

 

Fitch Ratings has downgraded the credit of five Spanish regions, including the powerhouse of Catalonia, warning they will struggle to cut deficits in a weak economy. The red ink running through the accounts of Spain's regional governments is a major concern for the markets, which fear it could compromise the central government's goal to cut the annual public deficit. Fitch cut the ratings of Catalonia, Andalusia, the Canary Islands, Murcia and Valencia a week after official figures showed most regions missed their deficit targets for the first half of 2011.  Lower credit ratings tend to make it more expensive to borrow on the debt market. Fitch also kept the long-term outlooks on all of them at "negative." The budget deficit for the 17 regions amounted to 1.2 per cent of gross domestic product in the six months, already nearly reaching the full-year target of 1.3 per cent, the government said last week. "Fitch Ratings has downgraded five Spanish regions following a comprehensive review," the credit rating agency said in a statement. "The downgrades reflect the sharp fiscal deterioration seen in recent years which has led to sharp increases in debt levels." The agency said it believed the regions would take all possible steps to cut spending but it expected the weak economic recovery would limit any growth in their revenue. Prime Minister Jose Luis Rodriguez Zapatero tipped economic growth in the third quarter of this year would be "similar" to the 0.2 per cent quarterly rate recorded in the second quarter. Uncertainty because of the Greek debt crisis could impact that prediction, he warned. "Fitch is of the opinion that considerable efforts will still need to be undertaken by the regions, particularly in the area of cost control, to ensure adherence to the established limits," the agency said. Fitch said it expected that most regions would be able to break even on their annual budgets by 2013 given a renewed focus on spending cuts. "Nonetheless, the negative outlooks reflect the still difficult fiscal and economic environment and the execution risks in implementing some of the cost cutting measures announced," it said. Fitch trimmed the rating for Andalusia and the Canary Islands by one notch each to A-plus from AA-minus; Catalonia and Valencia by one notch each to A-minus; and Murcia by two notches to A. The overall accumulated debt in the 17 Spanish regions, 121 billion euros ($161.34 billion), is also a concern. Deepest in debt are Valencia, with a debt equal to 17.4 per cent of GDP, and Catalonia at 17.2 per cent. Spain is seeking to slash the total public deficit to 6 per cent of gross domestic product by the end of 2011 from 9.2 per cent in 2010. It aims to reach the EU-agreed ceiling of 3.0 per cent by 2013.

Expat fraud suspects arrested in Spanish mountain retreat

 

According to Spanish local media, police estimate that the couple, known as John and Amanda Treagust, may have netted up to £150,000 by advertising bogus Spanish rental properties, complete with pictures, on their website, Costa Blanca Live. Up to 60 holidaymakers, including Britons, French, Portuguese, Italians and Belgians, are alleged to have fallen for the scam and paid upfront for properties that weren't, in reality, available for rent, or had been rented out to multiple people. The pair ran a blog entitled Life on the Costa Blanca, and boasted of growing their business from a "small project" in 2007 to "a busy and bustling company.....with over five thousand properties managed directly by us, meaning you have the peace of mind that should anything go wrong, or should you have any concerns, we are here to help." Amanda Treagust, referred to as the company's commercial director, is described on the blog as "never resting until her clients are settled into that perfect property and are enjoying the Spanish lifestyle she has come to love and adore". The Treagusts were arrested at a small property in the mountains of Mojacar, Almeria, after an eight-month police operation following an initial complaint lodged back in February. Originally from the Chorley area of Lancashire, John Treagust used to run the Last Orders pub in Wallagate, Wigan. On the pub's Facebook page, created by Treagust, he says: "I had three happy years there, now running a property business in Spain." An online forum about the couple's business dates back to March 2009 and has been inundated with 23 pages of comment, containing more than 200 threads. One comment, posted on August 20 this year, read: "13 girls put down a deposit for a hen weekend away in a villa in Los Balcones also and were informed two days before that the villa was double-booked. As it was a special occasion we have to find somewhere else very quickly and pay the additional fees. "We have still not received any money back and are still chasing. We all want to take action and stop others suffering in the same way." Spanish police were unable to comment on the ongoing investigation.

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