Shit hit the fun?

Shit hit the fun? When the BBC shamelessly exchanging my face by the face of Lord Kitchener from Karachi, - you’ll for certain, got a new coin called ‘countdown’… From MY smelter… Maybe the objectivity has never been easy thing for me,… however, today, (especially this night and morning) it takes the cake. Please, don’t ashamed yourself, - keep your frenzy feeding.

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PT suspended by Euronext. Jul 28, 2010 7:59 AM GMT. Telefonica SA reached an initial agreement to buy Portugal Telecom SGPS SA’s stake in Brazil’s Vivo Participacoes SA after raising its bid a third time to 7.5 billion euros ($9.8 billion), a person close to the talks said. The accord was reached late yesterday and the boards of both companies have yet to ratify it, said the person who declined to be identified before an official announcement. Madrid-based Telefonica holds its monthly board meeting today. Telefonica Chairman Cesar Alierta has raised the offer by 32 percent from his initial bid in May to gain control of Vivo, Brazil’s largest wireless company. Alierta wants to merge Vivo with Telecomunicacoes de Sao Paulo SA, or Telesp, the Spanish company’s fixed-line unit in Brazil, to ride the growth in the Latin American country as business slows at home. “Strategically, this was clearly necessary for Telefonica and the price reflects that,” said Alberto Espelosin, who helps manage about $12 billion at Ibercaja Gestion in Zaragoza, Spain, and owns Telefonica shares. Portugal Telecom shares were suspended from trading, Euronext said today. A Telefonica spokeswoman declined to comment. Calls to Portugal Telecom’s press office and investor relations departments weren’t immediately returned. Telefonica on May 6 offered 5.7 billion euros for Portugal Telecom’s stake in Brasilcel NV, their 50-50 venture that owns 60 percent of Vivo. It raised the bid to 6.5 billion euros in June and in the same month increased it to 7.15 billion euros, after the two earlier offers were rejected by the company. Veto Powers. The third offer, which won approval from the Lisbon-based company’s investors, was blocked by the Portuguese government last month using special veto powers. The latest agreement was reported earlier today by newspaper El Pais. Portugal Telecom will use about half of the proceeds to buy a stake of between 20 percent and 25 percent in Tele Norte Leste Participacoes SA, known as Oi, El Pais said, citing unidentified people close to talks. The Portuguese government had defined Portugal Telecom’s stake in Vivo as “strategic” for the country. Both companies have sought growth in Brazil as markets at home cooled. Vivo had 30 percent of Brazil’s 179 million wireless subscriptions at the end of March, according to Anatel, the country’s phone regulator. Brazil is growing at the fastest pace in more than two decades even as European demand slows. Telefonica, whose Brazilian unit Telesp’s first-quarter sales fell 1.4 percent in local-currency terms, needs a greater mobile-phone presence in the country. Portugal Telecom. Portugal Telecom has relied on Brazil for growth, with sales from the Latin American country rising 27 percent in the first quarter, while revenue at home fell 3.6 percent. Since 2006, Vivo has overtaken the fixed-line unit as the company’s biggest revenue contributor, accounting for half of sales in the first quarter. Portugal Telecom may reach an agreement within days to buy a stake in Oi as talks are advancing, a person with direct knowledge of the negotiations said yesterday. The owners of Oi would likely control Brazil’s biggest phone operator under the terms, which are still being discussed, said the person, who declined to be identified because the talks are private.

How BBC called this guy? Andy Kite? Tuesday, July 27 11:21 pm. A father believed to have slit the throats of his wife and two young daughters before hanging himself was facing bankruptcy, it has emerged. Detectives confirmed they are not seeking anyone else in connection with the deaths of Andrew Case, 33, his wife Vicky, 31, and their two children Phoebe, two and Nereya, one. Their bodies were discovered at their home in in Fordingbridge, Hampshire, by the children's grandmother on Monday. HGV driver Mr Case, who was believed to have been found hanging on the landing, had reportedly filed a formal alternative to bankruptcy known as an Individual Voluntary Assessment. It said the status of his case on the Individual Insolvency Register was marked as "current" while the address was given as his former home in a rural part of the New Forest. After filing it with Salisbury County Court in 2006 it appeared Mr Case was coming to the end of his agreement to pay back creditors a percentage of his debts over five years. It is understood that after the deadline the outstanding balance of the debts is written off if payments have been kept up. A spokesman for Hampshire Police said they were continuing to investigate the background and circumstances that led to the four deaths. Post-mortem examinations have revealed that Mr Case died as a result of a ligature suspension while his wife died from knife wounds.
The cause of death of the two girls has yet to be established although post-mortem examinations were due to take place on Tuesday.

Plane crashes in Pakistan. 7 minutes ago. ISLAMABAD (Reuters) - A commercial Pakistani passenger plane with more than 150 people on board crashed in bad weather on Wednesday in hills near the capital, Islamabad, an aviation spokesman said. One body had been recovered, an official said. The plane belonging to AirBlue, a private airliner, lost contact with the control room of the Islamabad International Airport at 0443 GMT while flying from the southern city of Karachi. "There were 146 passengers and six crewmen on board. We are gathering information. We have no more details," Mubarik Shah, spokesman of the state-run Civil Aviation Authority, told Reuters. A thick blanket of cloud could be seen rising from the forested Margalla Hills near Islamabad and a helicopter hovering overhead amid rain. "It was raining. I saw the plane flying very low from the window of my office," witness Khadim Hussain said. Pakistan's AAJ television showed footage of at least one helicopter hovering over what appeared to be the site of the crash, with columns of smoke billowing from heavily forested ground. Flames licked at trees in the area. The cause of the crash could not be immediately ascertained.