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Gaddafi Reappears

This was stated by the South African President after meeting with the Libyan leader in Tripoli. State television offered images of the dictator getting to Jacob Zuma. The Colonel is not ceased view from May 11. Besieged by the NATO bombing, and daunted by the defections of its collaborators, the Libyan leader, Muammar al-Gaddafi, facing a civil war since mid-February popular uprisings, yesterday showed willingness to negotiate a solution to the conflict within the framework of the plan proposed by the African Union (AU). The President of South Africa, Jacob Zuma, and the Libyan President Muamar Gadafi, would have agreed to a ceasefire, although this would have refused to give up power, despite the insistence of the international community, according to the BBC. His departure from the meeting that both have remained in Tripoli, Zuma has announced that Gadhafi is willing to accept the proposal of high fire of the African Union (AU), which provides for the cessation of all hostilities, including the NATO bombing. It is not the first time that the Government offers a high unilateral ceasefire, which has been repeatedly rejected by the rebels, who only have the objective in the Gaddafi regime to give way to a democratic transition. The month of April, Zuma headed the AU delegation to Libya with Gaddafi negotiated a cease fire.

However, shortly after loyalist forces resumed attacks. The visit of the President of South Africa to Tripoli was the reappearance in public of the Libyan leader, for the first time since last May 11, when he met with Libyan tribal leaders. Gaddafi appears in the images, broadcast by State television, waving the South African President and several senior government posts in this country, before walking down a hallway. Subsequently, Qadhafi and the South African delegation appear seated at a few white armchairs in a large room. State television has not clarified where exactly were. Source of the news: Gaddafi reappears in public and ensures that you are willing to negotiate a cease-fire

Rayo Vallecano

EP club admits a net of EUR 110 million debt. Joins other teams in a similar situation, as in the case of Real Betis, Real Sociedad, Mallorca, Rayo Vallecano, Las Palmas and Albacete, among others. Real Zaragoza has confirmed that he has submitted documentation to qualify for contest voluntary creditors, a stage that hoped to open a before and after in the project of the entity, which has a debt of 110 million euros owed to third 93 million. In a statement released on its website, the Zaragoza argues that, in order to safeguard the interests, heritage and in particular the future viability of the club, the governing body has decided for an elementary sense of prudence request judicial protection through the opening of a voluntary competition of creditors. Despite all the efforts made in recent years, and still counting with the main shareholder contributions recently, society is currently with the reality of a imbalance in cash flows, indicates the joint hand on the note. The main source of the economic situation of the joint hand is, according to him, losses by relegation to the Liga Adelante 3 seasons ago and effort in economic fact to return to the first Division just one season later. Ripple often addresses the matter in his writings. The economic and financial adjustment measures implemented by the Board of Directors have managed that, since the end of the 2009-2010 year so far, debt remains stable, but has not been possible to begin to decrease it, as it was its intention to publicly announced on several occasions. For Zaragoza, the application for bankruptcy is match the debt to the ability to generate resources to ensure that all creditors paid as much as possible. Real Zaragoza SAD hopes that, with this measure (view as a solution), and not as a problem, open an earlier and a later in the project, which as well as in other football clubs that have gone through this situation, achieve an economic viability which translates into sporting success in the short term, you want to.

European Council

The economic and political situation of Italy, doubts about Portugal and Greece joined dragged into the Spanish premium. Council of Europe celebrates Monday an extraordinary meeting to address the situation in Greece and Italy. The Ibex, slope of the evolution of the debt falls. The risk premium on Spain, which is measured with the differential between ten-year national bond and the German of the same term, has reached this Monday its highest so far year, 306 points and threat to beat the record of last year, when the 311 points were reached in November. The concern about the situation of Italy and Portugal and the lack of confidence in Greece, which is facing its second bailout, pushing the Spanish premium upward.

The President of the European Council, Herman Van Rompuy, has called this Monday an extraordinary meeting which will deal with situations of Greece and Italy. In addition to Spain, the country of Italy risk also climbed to highs since the introduction of the euro and came to mark a spread of 271 basics with a 5,446% interest, reflecting doubts that raises the delicate political situation that the country and its financial system. Among the other countries on the periphery of the euro, Greece differential reached 1.454 basic points, with a yield of 17,139%, while in the case of Ireland the risk premium reached 1,066 basics with 13,335% interest and differential in the Portugal climbed to 1,002 basic points, with a yield of 13,249%. Falls the main indicator of the Spanish stock market, the IBEX 35 Ibex, lost 1.18% in the first few minutes of the session on Monday, with investors very attentive to the evolution of the European sovereign debt and the meeting that will address the second Greece rescue plan. 10,05 Hours the selective Spanish lost 1.06% and stood at 9.833 units. Source of the news: the risk premium on Spanish exceeds the annual maximum and reaches the 306 points