UPDATE 1-Spain's banks in focus ahead of Bankia rescue plan - Reuters UK
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
U.S. Secret Service prostitution scandal in spotlight today - CBC
Several small groups of U.S. Secret Service employees separately visited clubs, bars and brothels in Colombia prior to a visit by President Barack Obama last month and engaged in reckless, "morally repugnant" behaviour, Senator Susan Collins says.
She says the employees' actions during the stunning prostitution scandal could have provided a foreign intelligence service, drug cartels or other criminals with opportunities for blackmail or coercion that could have threatened the president's safety.
In remarks prepared for the first congressional hearing on the matter which begins today at 10:30 a.m. ET, Collins, a Republican from Maine, also challenged early assurances that the scandal in Colombia appeared to be an isolated incident. She noted that two participants were Secret Service supervisors — one with 21 years of service and the other with 22 years — and both were married. Their involvement "surely sends a message to the rank and file that this kind of activity is tolerated on the road," Collins said.
'This was not a one-time event. The circumstances unfortunately suggest an issue of culture.'—Susan Collins, Republican senator
"This was not a one-time event," said Collins, the senior Republican on the Senate Homeland Security and Governmental Affairs Committee. "The circumstances unfortunately suggest an issue of culture."
Independent Connecticut Senator Joe Lieberman, the committee's chairman, said, "I want to hear what the Secret Service is doing to encourage people to report egregious behaviour when they see it."
He also said he want to know what is being done to ensure a similar incident does not happen in the future.
Charles Edwards, the acting inspector general of the Department of Homeland Security, will also attend the hearing.
New details may be exposed
Wednesday's hearing was expected to expose new details in the scandal, which became public after a dispute over payment between a Secret Service agent and a prostitute at a Cartagena hotel on April 12. The Secret Service was in the coastal resort for a Latin American summit before Obama's arrival. Collins said several small groups of agency employees from two hotels went out separately to clubs, bars and brothels and they "all ended up in similar circumstances."
"Contrary to the conventional story line, this was not simply a single, organized group that went out for a night on the town together," Collins said.
Senators were expected to focus on whether the Secret Service permitted a culture in which such behaviour was tolerated. Homeland Security Secretary Janet Napolitano has testified previously that she would be surprised if there were other examples, but senators have been skeptical.
In his own prepared remarks, Secret Service Director Mark Sullivan told senators the behaviour in Colombia wasn't representative of the agency's nearly 7,000 employees.
"I can understand how the question could be asked," Sullivan said, calling his employees "among the most dedicated, hardest working, self-sacrificing employees within the federal government."
Obama never at risk, agency maintains
Sullivan also assured senators that Obama's security was never at risk. The officers implicated in the prostitution scandal could not have inadvertently disclosed sensitive security details because their confidential briefing about Obama's trip had not taken place.
U.S. President Barack Obama walks with Secret Service agents in Florida. Secret Service Director Mark Sullivan will be grilled today in Washington at a congressional hearing looking into a prostitution scandal involving his agents in Colombia. (Kevin Lamarque/Reuters)"At the time the misconduct occurred, none of the individuals involved in the misconduct had received any specific protective information, sensitive security documents, firearms, radios or other security-related equipment in their hotel rooms," Sullivan said.
Sullivan has survived professionally so far based on his openness about what happened. Senators were not expected to ask for his resignation, and the acting inspector general for the Homeland Security Department, Charles K. Edwards, gave Sullivan high marks for integrity. Edwards, who estimated that the early stages of his own investigation would be finished before July 2, said the Secret Service "has been completely transparent and co-operative."
"The Secret Service's efforts to date in investigating its own employees should not be discounted," Edwards told senators. "It has done credible job of uncovering the facts and, where appropriate, it has taken swift and decisive action."
The White House on Tuesday reasserted its confidence in Sullivan. Obama "has great faith in the Secret Service, believes the director has done an excellent job," White House spokesman Jay Carney said. "The director moved very quickly to have this matter investigated and took action very quickly as a result of that investigation."
A dozen Secret Service officers and supervisors and 12 other U.S. military personnel were implicated. Eight Secret Service employees, including the two supervisors, have lost their jobs. The Secret Service is moving to permanently revoke the security clearance for one other employee, and three others have been cleared of serious wrongdoing.
Fired officers fight dismissals
The Washington Post reported Tuesday that four of the Secret Service employees have decided to fight their dismissals.
Prostitution is legal in Colombia, but Sullivan quickly issued new guidelines that made it clear that agents on assignment overseas are subject to U.S. laws.
Sullivan said he directed Secret Service inspectors to investigate reports of similar misconduct in San Salvador. After 28 interviews with hotel employees and managers, State Department officials and others, "no evidence was found to substantiate the allegations," Sullivan said.
This week the Drug Enforcement Administration said the Justice Department's Office of the Inspector General was investigating possible misconduct by two or more agents in Colombia. Collins revealed that the case involved at least two DEA employees who entertained female masseuses in the Cartagena apartment of one of the DEA agents. The investigation is unrelated to the Secret Service scandal but is based on information provided to the DEA by the Secret Service.
Villa absence a hard blow, say Spain players - Football
Published: 23 May 2012 - 14:46:53
Spain's players on Wednesday rued the absence of star striker David Villa from their Euro 2012 campaign but said they were still geared up to become the first country to win three major titles in a row.
"David Villa's absence is a hard blow, especially when you think of his contribution during the World Cup," Malaga's Santiago Cazorla told journalists after a first training session in the western Austrian resort of Schruns.
"If he hadn't been in the Euro or the World Cup, we probably wouldn't have been champions," he said.
Defender Alvaro Dominguez, however, said La Roja cannot afford to dwell on Villa's absence.
"It's a difficult loss but we can't feel sorry for ourselves. We have to make sure we can make up for it and get on with it as well as possible," he said.
"He's an excellent player who brings a lot to the team... (but) there are very good players at this camp and in this team and hopefully we can compensate for this loss," added Jesus Navas, part of the successful Euro 2008 and World Cup 2010 squad.
Spain's football federation announced late Tuesday that Villa would not take part in Euro 2012 in Poland and Ukraine, as he had failed to get back to full fitness after breaking a leg in December.
Spain are looking to become the first nation to win three international trophies in a row.
But with key players like Villa and defender Carlos Puyol injured -- and stars from Barcelona and Athletic Bilbao getting ready for the King's Cup final on Friday -- there are many new faces at this year's training camp.
Atletico Madrid's Dominguez, however, said blending old hands with young blood could still benefit the team.
"We're all very eager. The important thing is to win the title and hopefully we can contribute to that," he added.
Cazorla added: "The philosophy is still the same. We have the same approach and we have very good players to help us with that."
La Roja are in Schruns until May 29, with two friendlies planned on May 26 in St. Gallen, Switzerland, against Serbia, and May 30 in Bern against South Korea.

Related Spain News
Brooking: Time is of the essence - Football
Published: 23 May 2012 - 14:47:04
Sir Trevor Brooking accepts new England manager Roy Hodgson would probably have liked more time to prepare for Euro 2012 - but is in no doubt the players will know just what is expected of them when they tackle France in Donetsk on June 11.
Hodgson will meet up with the squad for the first time in Manchester on Wednesday afternoon, having allowed players to take a short break. Chelsea's John Terry, Ashley Cole, Frank Lampard and Gary Cahill - plus stand-by player Daniel Sturridge - have been given extra time off after the Blues' Champions League final victory.
"Roy is an experienced coach, but I am sure if you asked him he would say he wanted longer in the job to prepare the side," said Brooking.
The former West Brom boss will have just 19 days, with friendlies against Norway and Belgium, to fine tune his plans ahead of their Group D opener.
Brooking added: "Chelsea did really well and we congratulate them on their Champions League success, but it does mean some of their lads will be coming in after the first warm-up game and I know there are three or four injuries as well at present.
"Maybe the game against Norway in Oslo is more about giving all the squad members a chance to play and even some of the standby players who at present will be wanting to show their worth to Roy for the future."
Brooking told Press Association Sport: "They meet up on June 5 and fly out on the 6th and then the first game against France is a really tough one, but by then everyone will know what is needed from them.
"It is about trying to get off to a good start, we all know group situations are pretty tight and looking at the group they will be very close affairs."









0 Responses to "UPDATE 1-Spain's banks in focus ahead of Bankia rescue plan - Reuters UK"
Post a Comment