EU workers in austerity protests

13 November 2012 Last updated at 20:19 ET

Workers across the European Union are set to stage a series of protests against rising unemployment and austerity measures.

The Day of Action and Solidarity calls on leaders to address growing social anxiety and abandon austerity measures.

Some 40 groups from 23 countries are involved in Wednesday’s protests.

Strikes are expected in Spain, Greece, Portugal and Italy, with other protests planned in Belgium, Germany, France the UK and some eastern EU states.

Wednesday’s action, which may affect some transport links and services across the continent, has been urged by the European Trade Union Confederation.

“Austerity is a total dead end, and must be abandoned,” said the group in a statement.

Continental protests

Unions in Spain and Portugal started strikes at midnight local time (23:00 GMT), to protest against austerity measures that have combined cuts in salaries, pensions, benefits and social services with hikes in tax rises.

Italy will see a four-hour national strike which transport workers are also expected to join.

In Greece the strike action is the third major walkout in two months as the country tries to reduce its budget deficit in line with international demands.

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The government must meet a 5bn-euro debt repayment by Friday and says it needs the bailout cash to avoid going bankrupt.

Greece must back a package of salary and pension cuts, and labour market reforms, and the 2013 budget, to receive the next part of a bailout – a 31.5bn-euro instalment from the International Monetary Fund and European Union that has been on hold for months – and avoid bankruptcy.

The BBC’s Mark Lowen in Athens says that with proposals for a fifth consecutive cut to pensions, an increase in the retirement age and reductions to salaries, benefits and healthcare, the fury among Greece’s population is growing.

In France, the CGT union has called for public sector strikes, but there are questions about how many workers will stay away.

The strikes are not anti-government, correspondents say, but rather a way of showing that workers in France are in solidarity with their fellow-workers elsewhere in Europe.

While some Belgian unions have told the BBC they will not be striking, all have expressed solidarity with the day’s protests, which is expected to see demonstrations outside the Brussels embassies of Germany, Spain, Greece, Cyprus, Portugal and the Republic of Ireland.

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Canada seen needing to spell out rules for natural gas projects

CALGARY, Alberta (Reuters) – The fate of a handful of liquefied natural gas projects planned for Canada’s Pacific coast may depend on the Canadian government‘s willingness to spell out rules for foreign investment in the country’s energy sector, according to a study released on Thursday.

Apache Corp, Royal Dutch Shell Plc, Petronas, BG Group Plc and others are in the planning stages for LNG projects that would take gas from the rich shale fields of northeastern British Columbia and ship it to Asian buyers.

But the federal government’s decision last month to stall the C$ 5.2 billion ($ 5.2 billion) bid by Malaysia’s state-owned Petronas C$ 5.2 billion for Canada‘s Progress Energy Resources Corp could lessen the appetite of Asian buyers for Canadian LNG, energy consultants Wood Mackenzie said.

“Some potential off-takers of Canadian LNG like the idea … because it’s perceived as having low political risk, and another reason is because they see the potential for investment opportunities,” said Noel Tomnay, head of global gas at the consultancy.

“If there are going to be restrictions on how they access those opportunities, if acquisitions are closed to them, then clearly that would restrict the attractiveness of those opportunities. If would-be Asian investors thought that corporate acquisitions were an avenue that was not open to them then Canadian LNG would become less attractive.”

The Canadian government is looking to come up with rules governing corporate acquisitions by state-owned companies and has pushed off a decision on the Petronas bid as it considers whether to approve the $ 15.1 billion offer for Nexen Inc from China’s CNOOC Ltd.

Exporting LNG to Asia is seen as a way to boost returns for natural-gas producers tapping the Montney, Horn River and Liard Basin shale regions of northeastern British Columbia.

Though Wood Mackenzie estimates the fields contain as much as 280 trillion cubic feet of gas, they are far from Canada’s traditional U.S. export market, while growing supplies from American shale regions have cut into Canadian shipments.

Because the region lacks infrastructure, developing the resource will be expensive, requiring new pipelines and multibillion-dollar liquefaction.

Still Wood Mackenzie estimates that the cost of delivery into Asian markets for Canadian LNG would be in the range of $ 10 million to $ 12 per million British thermal units, similar to competing projects in the United States and East Africa.

($ 1 = $ 1.00 Canadian)

(Reporting by Scott Haggett; Editing by Leslie Adler)

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U2′s Bono to urge U.S. politicians not to cut aid programs

WASHINGTON (Reuters) – Irish rocker and anti-poverty campaigner Bono will appeal to Democrats and Republicans during a visit to Washington this week to spare U.S. development assistance programs from cuts as Congress tries to avert the looming “fiscal cliff” of tax hikes and spending reductions early next year.

The U2 lead singer’s visit comes as the Obama administration and congressional leaders try to forge a deal in coming weeks to avoid the economy hitting the “fiscal cliff” – tax increases and spending cuts worth $ 600 billion starting in January if Congress does not act.

Analysts say the absence of a deal could shock the United States, the world’s biggest economy, back into recession.

Kathy McKiernan, spokeswoman for the ONE Campaign, said Bono will hold talks with congressional lawmakers and senior Obama administration officials during the November 12-14 visit.

During meetings he will stress the effectiveness of U.S. foreign assistance programs and the need to preserve them to avoid putting at risk progress made in fighting HIV/AIDS, tuberculosis and malaria, she said.

Bono, a long-time advocate for the poor, will argue that U.S. government-funded schemes that support life-saving treatments for HIV/AIDS sufferers, nutrition programs for malnourished children, and emergency food aid make up just 1 percent of the U.S. government budget but are helping to save tens of millions of lives in impoverished nations.

The One Campaign would not elaborate which lawmakers and senior Obama administration officials Bono will meet.

On Monday, Bono will discuss the power of social movements with students at Georgetown University. He will also meet new World Bank President Jim Yong Kim for a web cast discussion on Wednesday on the challenges of eradicating poverty.

(Editing by W Simon)

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¿Quién califica online a los profesionales de la salud y qué se puede hacer al respecto?

ATLANTA (Reuters Health) – “Cada médico, cada asistente,

cada enfermero de Estados Unidos está siendo calificado en este

momento. No hay nada que podamos hacer para protegernos, excepto

proporcionar atención de calidad centrada en el paciente”,

aseguró el doctor Scott Manaker durante la última reunión anual

del Colegio Estadounidense de Neumonólogos (ACP, por sus

iniciales en inglés.

Manaker y tres colegas del Sistema de Salud de University of

Pennsylvania, hablaron en una sesión plenaria de CHEST llamada

“Calificaciones Médicas: ¿quién está escribiendo sobre ti y qué

están diciendo?”.

“Sea buena o mala, precisa o sesgada, la publicación de la

información es parte de la práctica moderna de la medicina y

necesitamos ocuparnos de esos datos”, indicó Manaker por correo

electrónico.

Un informe de la Fundación Robert Wood Johnson revela que

“unos 38 millones de personas están observando en algún momento,

de alguna manera, y evaluando lo que usted está haciendo como

profesional de la salud. Y esa cifra seguirá creciendo”, dijo en

la misma sesión Ed Dellert, vicepresidente senior para

educación, informática y educación clínica de ACP.

Entre las agencias oficiales y privadas que monitorean la

atención clínica y califican a los profesionales de la salud

están los Centros para los Servicios de Medicare y Medicaid

(CMS, por sus siglas en inglés); el sitio online Hospital

Compare y, próximamente, Physician Compare, y beneficiarios

privados, entre otros.

Manaker consideró que para que un profesional obtenga una

buena calificación, deberían brindar la mejor atención y

utilizar un código preciso y completo de diagnósticos para

ajuste de riesgos.

Es “extremadamente importante que todos comprendan que como

profesional, como hospital, negociará con las empresas de

seguros de salud, que reunieron información durante años sobre

los resultados en los pacientes. A diario, les envían un detalle

de la facturación, los servicios prestados y el diagnóstico del

paciente a cambio de un pago. ¿Piensan que las empresas tiran

esa información a la basura? La usan para armar una base de

datos de qué funciona y qué no”, precisó Adrian W. Scipione en

otra presentación. Scipione es abogado y jefe operativo de

Respiratory Specialists, Wyomissing (Pensilvania).

En cambio, la calificación de los consumidores es otro

desafío, y los médicos necesitan otra estrategia para defender

su reputación online.

El doctor Burt Lesnick, de Georgia Pediatric Pulmonary

Associates (Atlanta), mencionó durante su presentación a los

sitios online US News & World Report Top Doctors, Consumer’s

Guide to Top Doctors y Super Doctors como algunos ejemplos donde

los profesionales pueden nominar colegas excelentes en su

especialidad, mientras que Vitals y UCompareHealthCare incluyen

las evaluaciones de los pacientes.

Señaló que un comentario negativo con pocos comentarios más

puede reducir la calificación. En el sitio Healthgrades, dijo

que “cualquiera puede registrarse. En teoría, deberían ser los

médicos quienes lo hagan, pero cualquiera puede fingir la

identidad”.

Agregó que “pocas empresas son independientes. Todos

comparten la información. Otros sitios compran los datos de

Healthgrades para publicar”, agregó Lesnick.

El sitio Angie’s List es independiente. Sólo los miembros

que pagan una tarifa mensual pueden leer las evaluaciones, pero

cualquier puede publicarlas.

“El sitio Superior Business Network me atribuye un teléfono

profesional que no tengo desde hace trece años en una dirección

que ya no existe, mientras que HIPAASpace publica mi código

identificador nacional de proveedores (NPI, por su sigla en

inglés) y mi número único de identificación médica (UPIN, por su

sigla en inglés)”, puso Lesnick como ejemplo.

Aun así, no todo está fuera de control. Lesnick recomendó

ser proactivos: “Tengan una cuenta de Facebook para compartir

información sobre sus servicios. Twitter es una buena

herramienta para mantener a los pacientes actualizados sobre los

servicios médicos, los riesgos ambientales, las advertencias de

la FDA, las alertas de contaminación ambiental, los retiros de

fármacos”.

Enviar un mensaje diario es una buena opción, como así

también “monitorear los sitios de consumidores (…) Busque

sitios que denigren su dirección web (…) Si uno encuentra un

sitio cuya dirección es su nombre más la palabra

sucks(apesta).com es posible que exista algún paciente

disgustado y ese sitio podría aparecer primero en la lista de

búsquedas si muchas personas lo consultan”.

“Lo mejor sería registrar esos dominios proactivamente” para

que nadie pueda utilizarlos, agregó el doctor.

Y si un sitio se niega a rechazar información imprecisa o

negativa, Lesnick sugirió contratar a una consultora

especializada que podrá ocultarla a cambio de una tarifa.

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Microsoft Shows Its Windows Chief the Door

Fresh off the release of Windows 8, Microsoft (MSFT) has decided to part ways with its Windows chief.

Microsoft issued a press release late Monday evening, saying that Steven Sinofsky, president of the Windows Division, will leave the company, effective immediately. Sinofsky had spent close to 25 years at Microsoft and developed a reputation as someone who could oversee large, complex software projects and bring them in on time—or whatever counts as on time in Microsoft land. Before shepherding products such as Windows, Windows Live, and Outlook.com, he oversaw many iterations of Office.

The big knock on Sinofsky was his often-prickly nature. He wasn’t seen as a team player within Microsoft and was instead known for protecting his fiefdom. That approach doesn’t go over well at today’s Microsoft, which needs to prove that Windows is just one piece of a larger collective that includes phone software, online services, and entertainment products delivered via the Xbox. Sinofsky also proved reticent to speak with the press and was barely heard from as Windows 8 hit the market late last month.

Microsoft’s chief executive officer, Steve Ballmer, said all the standard, polite things in the statement about Sinofsky’s departure. “I am grateful for the many years of work that Steven has contributed to the company,” Ballmer said. Julie Larson-Green, a Microsoft veteran, has been tapped to run Windows software and hardware engineering and will report directly to Ballmer.

Windows 8 is Microsoft’s biggest gamble in years. The software has a radical new interface that’s equal parts beautiful, playful, and confusing. It brings Microsoft into the modern era, giving the company something that can run on tablets, smartphones, laptops, and PCs.

Sinofsky had been put in charge of Windows to make sure that Windows 8 did not end up a mess. The software has received mostly favorable reviews to date, although Microsoft has failed to drum up a ton of early interest around its application store. Critics of Sinofsky can point to this as an example of his inability to play nice with others and drive partner support. Ultimately, he was the guy who delivered big, complex software programs and did it well—and this was not seen as good enough at a time when Microsoft needs plenty of diplomacy and crafty tactics to regain consumer interest.

“It is impossible to count the blessings I have received over my years at Microsoft,” Sinofsky said on his way out. ”I am humbled by the professionalism and generosity of everyone I have had the good fortune to work with at this awesome company.”

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Political Polling After the End of the Phone

With over a third of U.S. households forgoing the land-line and people using their phones less and less for talking, the phone call is no longer the best way for pollsters to reach the people they need to speak with. With that changing trend, this election season polling places like Gallup worked cell-phone calls into its repertoire to get a better reflection of society, Gallup spokesperson Frank Newport told Wired‘s Mat Honan. And, logically, as more people replace landlines for cell phones, polling would increasingly throw cell-phones into the mix. But, it doesn’t look like that’s really the next frontier in polling. For one, it’s expensive. A 1996 Federal regulation requires that calls to cell phones be hand-dialed, rather than computer generated, which costs more money because employing people (rather than machines) takes dollars, notes Bits Blog’s Quentin Hardy. Plus, because of caller-ID, guilting cell phone users into taking a poll proves harder than haranguing an unsuspecting land-line answerer. (Of course, many land-line owners have caller-ID, too.) So, if the annoying, always disruptive at the worst time, pollster phone call is on the outs, then what does the future of political polling hold?

RELATED: More Than Half of America Likes Obama Again

Survey Monkey

RELATED: Poll: Rick Perry Bests Mitt Romney Among Tea Partiers

For real. The amateur-looking website conducted a series of polls throughout this election period, at times with better accuracy than the over-the-phone guys. In an explanatory post on the site, the company explains it had 96 percent accuracy with its methods. Over 60,000 people took one of the site’s surveys the day before election day alone, SurveyMonkey’s vice president, Philip Garland, told Hardy. 

RELATED: Poll: GOP Race Now Between Newt, Sarah, Mitt and Everyone Else

Though some have questioned the accuracy of the online poll because of its newness to the field. Nate Silver, whose words on all things polling we should now consider law, confirmed that many of the most accurate polling came from online surveys. “When people are asked questions by a person, they feel like they should make a choice,” Garland added. People are more candid on the Internet, which is not at all surprising. 

RELATED: Rick Perry Is Still Leading Despite Some Bad Debates

Text Messages

RELATED: Less Than Half of America Knows What GOP Stands For

Though a new survey says that text messaging is on the decline, Gallup is already experimenting with it as a polling technique in Central and South America, notes Honan. Though it doesn’t sound that different than screening a phone call, text messages are a lot less invasive and they don’t require an answer right away. Also, increasingly, it is how people do much of their communicating. 

Emails, Unfortunately

Though that sounds logical since so many Americans are accessible by email, it turns out it is too hard to get a good sample using email, since many people have multiple email addresses, and it’s hard to account for that difference. Also, isn’t it just so easy to click delete without opening? However, that hasn’t stopped certain organizations from using it, as Bloomberg Businessweek‘s Peter Coy explains. Some firms use email lists that aren’t representative of the general population, he notes. 

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Elmo puppeteer accused of underage relationship

NEW YORK (AP) — The puppeteer who performs as Elmo on “Sesame Street” is taking a leave of absence from the popular kids’ show in the wake of allegations that he had a relationship with a 16-year-old boy.

Sesame Workshop said puppeteer Kevin Clash denies the charges, which were first made in June by the alleged partner, who by then was 23.

“We took the allegation very seriously and took immediate action,” Sesame Workshop said in a statement issued Monday. “We met with the accuser twice and had repeated communications with him. We met with Kevin, who denied the accusation.”

The organization described the relationship as personal and “unrelated to the workplace.” Its investigation found the allegation of underage conduct to be unsubstantiated. But it said Clash exercised “poor judgment” and was disciplined for violating company policy regarding Internet usage. It offered no details.

“I had a relationship with (the accuser),” Clash told TMZ. “It was between two consenting adults and I am deeply saddened that he is trying to make it into something it was not.”

At his request, Clash has been granted a leave of absence in order to “protect his reputation,” Sesame Workshop said.

No further explanation was provided, nor was the duration of his leave specified.

“Elmo is bigger than any one person and will continue to be an integral part of ‘Sesame Street’ to engage, educate and inspire children around the world, as it has for 40 years,” Sesame Workshop said in its statement.

“Sesame Street” is currently in production, but other puppeteers are prepared to fill in for Clash during his absence, according to a person close to the show who spoke on condition of anonymity because that person was not authorized to publicly discuss details about the show’s production.

“Elmo will still be a part of the shows being produced,” that person said.

The 52-year-old Clash, the divorced father of a grown daughter, has been a puppeteer for “Sesame Street” since 1984. It was then that he was handed the fuzzy red puppet named Elmo and asked to come up with a voice for him. Clash transformed the character, which had been a marginal member of the Muppets troupe for a number of years, into a major star rivaling Big Bird as the face of “Sesame Street.”

In 2006, Clash published an autobiography, “My Life as a Furry Red Monster,” and was the subject of the 2011 documentary “Being Elmo: A Puppeteer’s Journey.”

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In This Junkyard, It Seems, There Are No Dogs

It’s kind of Orwellian that anyone would rapaciously buy an ETF with the ticker JNK—branding shorthand for “junk,” Wall Street’s sobriquet for high-yield, the riskiest layer of corporate bonds.

Nevertheless, JNK, the SPDR Barclays Capital High Yield Bond ETF, and competitor offerings are a hot destination in these yield-famished days. The appeal is irrefutable: You’ll get precious little income from Treasuries and muni bonds. Creditworthy corporations are borrowing at record lows. Why not then pile into riskier, higher-yielding debt, especially if you can do so via one tidy, exchange-traded ticker? (No need to ring Michael Milken.) What’s more, Moody’s sees the global default rate for “speculative-grade” debt ending the year at 2.8 percent, compared with an average of 4.8 percent since 1983. Yields have fallen 1.65 percentage points this year, to 7.05 percent on Nov. 1, according to Bank of America Merrill Lynch data.

What’s not to love?

An overcrowded trade marked by 2007-like issuer complacency—that’s what. More companies are demanding and getting easy terms on their junk issues. The most popular junk ETFs are going deeper into credit risk to scrape for yield. The sluicing of retail money into these ETFs is perpetuating what has historically proved to be a vicious trend. “Signs of over-exuberance are creeping into the corporate credit market,” wrote Michael Lewitt, a hedge fund manager who publishes the Credit Strategist. “In the past, rising issuance of these types of low-quality bonds has been a warning that a market rally is coming to an end … Today’s new issues will be the troubled credits of tomorrow.”

On Nov. 7, Standard & Poor’s warned of the unprecedented dangers of a brave, new junk bond world. Wrote credit analysts Diane Vazza and Evan Gunter:

“The ease with which investors can enter and exit ETF investments creates new and risky dynamics in the speculative-grade market with the potential flow of ‘hot money.’ Speculative-grade companies have a higher default risk than investment-grade companies. Therefore, when the credit cycle turns against investors, losses from defaults can quickly outstrip the additional interest payments that high-yield investors receive. Since we are entering the stage of declining credit quality in the current credit cycle, the credit quality of an issuer or a portfolio has become paramount.”

Vazza and Gunter looked under the hoods of JNK and its rival, HYG, the iShares iBoxx $ High Yield Corporate Bond Fund. They found that both ETFs owned a higher proportion of the riskiest junk debt versus the overall high-yield market. While they estimated that the broad universe of high yield includes 7.9 percent of bonds rated CCC+ and lower, their share in HYG’s portfolio is at 11.0 percent and in JNK just under 10 percent. While higher risk juices returns in a favorable environment like the present one, the analysts explained, they take outsized losses once the credit cycle turns.

Sales of junk debt in the U.S. have come in at $ 294 billion so far this year, the fastest pace on record. It’s in that booming backdrop that private equity-owned companies have paid out $ 34.1 billion in dividends this year, according to Standard & Poor’s Capital IQ Leveraged Commentary & Data. That’s north of 2010’s total of $ 31.5 billion and the $ 23.8 billion paid out in 2007, when the leveraged buyout market peaked. By comparison: Some $ 1.2 billion in dividends were issued in 2008 and $ 440 million in 2009.

This boom has prompted an echo-boom in payment-in-kind transactions, or PIK toggles, which let companies pay interest in debt rather than cash, essentially deferring payments to their investors. That tactic was a hallmark of the private equity bubble of five years ago. According to Moody’s, as of mid-October two of the third quarter’s 14 dividend financings enjoyed PIK toggle structures, including Emergency Medical Services’ $ 450 million of notes to pay a dividend to Clayton, Dubilier & Rice and IDQ Holdings’ $ 45 million deal supporting a payout to Castle Harlan. Last month, Petco also got in on the PIK toggle boom.

Caveat junktor. Moody’s calculates that the default rate for companies that sold PIK-toggle bonds was 13 percent from 2006 to 2010, twice the rate for similarly rated issuers that didn’t use the tactic.

“Low yields are driving more and more investors into really strange territory,” says Lee Pacchia, a Bloomberg Law analyst who follows corporate bankruptcies. “They need to take on risk. While the market forces driving this trend could go on for a while, lowering standards could end badly. It’s called ‘junk’ for a reason.”

The institutional smart money is increasingly taking the other side of that trade. According to Bloomberg data, the number of bearish options on HYG are at an all-time high: The number of outstanding puts on HYG has almost doubled since Oct. 19, to a record of 118,444 at the end of last month. Hedge funds seeking that bet on both gains and losses in credit attracted $ 12.6 billion of deposits in the three months ended Sept. 30, the most since the last quarter of 2007, according to HFR.

It all makes you wonder how quickly people may have forgotten the lessons of the credit bubble, or what one hedgie has called the era of promiscuous lending. Will today’s junk boom end so differently?

“The history of money is a sad state of affairs,” wrote Prudent Bear’s Doug Noland in his recent post, titled “The Myth of Deleveraging.” “Failing to learn from a litany of previous monetary fiascoes, ‘money’ is these days being abusively over-issued.”

Farzad is a Bloomberg Businessweek contributor.

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BBC must reform or die, says Trust chairman

LONDON (Reuters) – The BBC could be doomed unless it makes radical changes, the head of its governing trust said on Sunday, after its director general quit to take the blame for the airing of false child sex abuse allegations against a former politician.

Chris Patten, chairman of the BBC Trust, said confidence had to be restored if the publicly funded corporation was to withstand pressure from rivals, especially Rupert Murdoch‘s media empire, which would try to take advantage of the turmoil.

“If you’re saying, ‘Does the BBC need a thorough structural radical overhaul?’, then absolutely it does, and that is what we will have to do,” Patten, a one-time senior figure in Prime Minister David Cameron‘s Conservative Party and the last British governor of Hong Kong, told BBC television.

“The basis for the BBC’s position in this country is the trust that people have in it,” Patten said. “If the BBC loses that, it’s over.”

George Entwistle resigned as director general on Saturday, just two months into the job, to take responsibility for the child sex allegation on the flagship news programme Newsnight.

The witness in the report, who says he suffered sexual abuse at a care home in the late 1970s, said on Friday he had misidentified the politician, Alistair McAlpine. Newsnight admitted it had not shown the witness a picture of McAlpine, or approached McAlpine for comment before going to air.

Already under pressure after revelations that a long-time star presenter, the late Jimmy Savile, was a paedophile, Entwistle conceded on the BBC morning news that he had not known – or asked – who the alleged abuser was until the name appeared in social media.

The BBC, celebrating its 90th anniversary, is affectionately known in Britain as “Auntie”, and respected around much of the world.

But with 22,000 staff working at eight national TV channels, 50 radio stations and an extensive Internet operation, critics say it is hampered by a complex and overly bureaucratic and hierarchical management structure.

THOMPSON’S LEGACY

Journalists said this had become worse under Entwistle’s predecessor Mark Thompson, who took over in the wake of the last major crisis to hit the corporation and is set to become chief executive of the New York Times Co on Monday.

In that instance, both director general and chairman were forced out after the BBC was castigated by a public inquiry over a report alleging government impropriety in the fevered build up to war in Iraq, leading to major organisational changes.

One of the BBC’s most prominent figures, Newsnight presenter Jeremy Paxman, said since the Iraq report furore, management had become bloated while cash had been cut from programme budgets.

“He (Entwistle) has been brought low by cowards and incompetents,” Paxman said in a statement, echoing a widely-held view that Entwistle was a good man who had been let down by his senior staff.

Prime Minister Cameron appeared ready to give the BBC the benefit of the doubt, believing that “one of the great institutions of this country” could reform and deal with its failings, according to sources in his office.

Patten, who must find a new director general to sort out the mess, agreed that management structures had proved inadequate.

“Apparently decisions about the programme went up through every damned layer of BBC management, bureaucracy, legal checks – and still emerged,” he said.

“One of the jokes I made, and actually it wasn’t all that funny, when I came to the BBC … was that there were more senior leaders in the BBC then there were in the Chinese Communist Party.”

Patten ruled out resigning himself but other senior jobs are expected to be on the line, while BBC supporters fear investigative journalism will be scaled back. He said he expected to name Entwistle’s successor in weeks, not months.

Among the immediate challenges are threats of litigation.

McAlpine, a close ally of former prime minister Margaret Thatcher, has indicated he will sue for damages.

Claims for compensation are also likely from victims who say Savile, one of the most recognisable personalities on British television in the 1960s, 70s and 80s, sexually abused them as children, sometimes on BBC premises.

INQUIRIES

Two inquiries are already under way, looking at failures at Newsnight and allegations relating to Savile, both of which could make uncomfortable reading for senior figures.

Police have also launched a major inquiry into Savile’s crimes and victims’ allegations of a high-profile paedophile ring. Detectives said they had arrested their third suspect on Sunday, a man in his 70s from Cambridgeshire in central England.

Funded by an annual licence fee levied on all TV viewers, the BBC has long been resented by its commercial rivals, who argue it has an unfair advantage and distorts the market.

Murdoch’s Sun tabloid gleefully reported Entwistle’s departure with the headline “Bye Bye Chump” and Patten said News Corp and others would put the boot in, happy to deflect attention after a phone-hacking scandal put the newspaper industry under intense and painful scrutiny.

He said that “one or two newspapers, Mr. Murdoch’s papers” would love to see the BBC lose its national status, “but I think the great British public doesn’t want to see that happen”.

Murdoch himself was watching from afar.

“BBC getting into deeper mess. After Savile scandal, now prominent news program falsely names senior pol as paedophile,” he wrote on his Twitter website on Saturday.

It is not just the BBC and the likes of Entwistle and Patten who are in the spotlight.

Thompson, whom Entwistle succeeded in mid-September, has also faced questions from staff at the New York Times over whether he is still the right person to take one of the biggest jobs in American newspaper publishing.

Britain’s Murdoch-owned Sunday Times queried how Thompson could have been unaware of claims about Savile during his tenure at the BBC as he had told British lawmakers, saying his lawyers had written to the paper addressing the allegations in early September, while he was still director general.

(Editing by Kevin Liffey and Sophie Hares)

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10 things you need to know today: November 11, 2012

Emails from Petraeus‘ mistress triggered investigation, the BBC’s chief resigns, and more in our roundup of the stories that are making news and driving opinion

1. BIOGRAPHER’S EMAILS LED FBI TO PETRAEUS AFFAIR
Paula Broadwell, the woman with whom CIA Director David Petraeus had an extramarital affair, leading to his sudden resignation on Friday, had allegedly sent harassing emails to a woman in Florida, leading the FBI to investigate the claim — and eventually uncovering the affair. Broadwell, who was Petraeus‘ official biographer, reportedly sent emails to the Florida woman inquiring about the nature of her relationship with Petraeus, prompting the unidentified woman to lodge a complaint with the FBI. The FBI began its investigation in the spring, and interviewed Petraeus in the past two weeks. During the interview, Petraeus admitted to the affair with Broadwell, who is also married. [Wall Street Journal]
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2. BBC CHIEF RESIGNS OVER GROWING SCANDAL
BBC’s director general George Entwistle resigned his post Saturday night amid growing criticism as the broadcaster deals with an alleged sex abuse scandal that implicated longtime BBC host Jimmy Savile. Savile, who died last year, was suspected of sexually abusing hundreds of young people over the decades, sometimes on BBC premises. Entwistle had most recently come under fire for allowing a false report on the BBC program Newsnight to air on Nov. 2. During the broadcast, a former Conservative Party politician was wrongly implicated in a pedophile scandal involving a children’s home in Wales. Entwistle said the report reflected “unacceptable journalistic standards” and never should have been broadcast. [New York Times]
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SEE ALSO: 10 things you need to know today: November 2, 2012

3. ISRAEL FIRES WARNING SHOT AT SYRIA
Israel fired a warning shot into Syria on Sunday after a stray mortar from Syria hit a military post in the Golan Heights. No injuries or damage were reported in Israel. Israel captured the Golan from Syria in the 1967 Mideast war and subsequently annexed it. The incident was the first time Israel has been drawn into the fighting in the neighboring country. Meanwhile, the Syrian opposition, holding critical meetings in Qatar agreed Saturday to a new coalition to oppose President Bashar al-Assad. One Islamist opposition delegate said a new leader and deputy would be chosen on Sunday evening. [Associated Press, BBC]
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4. REP. ALLEN WEST WON’T CONCEDE
Rep. Allen West (R-Fla.) was defeated by Democratic opponent Patrick Murphy, according to Florida’s vote count on Saturday, but the incumbent refuses to concede. The state issued complete but unofficial results showing Murphy with a lead of 2,442 votes, or 50.4 percent. That’s beyond the half-percent margin needed to trigger an automatic recount. West’s campaign alleges that in St. Lucie County, the only one of the three counties in the district that Murphy won, votes may have been counted twice and have asked to review sign-in books from the polls. West’s only path forward is through the courts. Under state law, he still could contest the election if misconduct or fraud might have changed its result. [Politico]
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SEE ALSO: The woman who named her newborn twins Barack and Mitt

5. IRAQ CANCELS ARMS DEAL WITH RUSSIA
Iraq’s Prime Minister Nouri al-Maliki, has canceled a recently signed $ 4.2 billion arms deal with Russia after suspicions of corruption surfaced. The prime minister’s adviser Ali al-Moussawi did not give any details or context. “We informed Russia about our decision, but we hope to sign a new weapons deal between Iraq and Russia,” al-Moussawi said. [CNN]
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6. BOEHNER TELLS HOUSE GOP TO FALL IN LINE
After the Republican Party’s electoral battering last week, House Speaker John Boehner insisted to House Republicans in a conference call that while they “would continue to staunchly oppose tax rate increases as Congress grapples with the impending fiscal battle, they had to avoid the nasty showdowns that marked so much of the last two years,” writes The New York Times. Many members offered subdued words of support, in contrast to a similar call last year when Boehner tried to persuade members to compromise with Democrats on a deal to extend temporary payroll tax cuts, “only to have them loudly revolt.” Both Boehner and President Obama seem to be keeping open the avenue of negotiation to address the looming fiscal cliff set to hit Jan. 1. [New York Times]
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7. APPLE AND HTC SETTLE PATENT DISPUTES
Apple and Taiwanese phonemaker HTC have settled all their outstanding disputes over patents, ending a fight that began in March 2010. The two companies signed a 10-year license agreement that will extend to current and future patents held by one another. HTC’s have been in decline since the second half of 2011, despite having become a major global phone company by aligning itself with Google’s Android platform. [BBC]
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8. STRONG EARTHQUAKE HITS MYANMAR
After a 6.-magnitude earthquake hit northern Myanmar on Sunday, at least 12 people were feared dead. The U.S. Geological Survey said the quake hit near the city of Mandalay, at a depth of just 6.2 miles. The shallow quake was felt in Bangkok, the capital of neighboring Thailand, and several aftershocks followed. [Voice of America]
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SEE ALSO: 10 things you need to know today: November 3, 2012

9. CHINA TO LAUNCH NEXT MANNED CRAFT IN JUNE
A spokesperson for the Chinese space program announced Saturday that China’s next space mission will launch in June 2013. The operation is the second manned mission for the country, which completed its first manned mission — Shenzhou-9 — in June of this year. “They will stay in space for 15 days, operating both automated and manual space dockings with the target orbiter Tiangong-1, conducting scientific experiments in the lab module and giving science lectures to spectators on the Earth,” Niu Hongguang of the Chinese space program said. [Forbes]
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10. JUSTIN BIEBER AND SELENA GOMEZ SPLIT
Singer Justin Bieber, 18, and girlfriend, singer-actor Selena Gomez, 20, have gone their separate ways, a source confirms to the Associated Press. The split happened last week, and the two young stars cite distance and their busy schedules as contributing factors. The two had been dating for a year. [Associated Press] 

SEE ALSO: 10 things you need to know today: October 31, 2012

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