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The Two-Way
5:57 pm
Mon November 12, 2012

Crisis At BBC Spreads As Two News Execs Step Aside

The crisis at the BBC is getting worse by the day: Today its top two news executives stepped aside – just days after the broadcaster's director-general resigned over a news program that wrongly accused a former lawmaker of child abuse.

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Media
5:17 pm
Mon November 12, 2012

Conservative Media Caught in the Blame Game

Originally published on Tue November 13, 2012 6:08 am

In the wake of last Tuesday's elections, a lively debate has erupted into the open over whether conservatives and the Republican Party were well-served by their favorite media outlets.

Former Gov. Mitt Romney was reported to have been so certain of a victory on Tuesday night that he cast aside tradition and did not draft a concession speech. But conservatives now say his misplaced confidence — and theirs — were bolstered by the predictions of many like-minded pundits, which were broadcast and posted online around the clock by sympathetic news outlets.

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The Two-Way
5:08 pm
Mon November 12, 2012

Thousands of Iranian Troops Will Participate in 'Biggest Ever' Military Drill

Iran has initiated a massive week-long air defense drill amidst growing international pressure over its nuclear ambitions and last week's firing on a U.S. drone they claim entered Iranian air space.

Iran will test its air defense system, named "Mersad," meaning ambush in Persian. Drill spokesman Shahrokh Shahram told Iran's Press TV the military exercise was both a "strong warning to those threatening Iran" and a symbol of regional security, according to Reuters.

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Europe
4:47 pm
Mon November 12, 2012

A German City With Debt Problems Of Its Own

The main street in Oberhausen — Germany's most indebted city — is dotted with vacancies. Despite its economic woes, Oberhausen, like other western German cities, must make "reunification" payments to the former communist East. The payments help explain German voters' reluctance to bail out Greece and other eurozone countries.
Patrik Stollarz AFP/Getty Images

Originally published on Mon November 12, 2012 7:31 pm

Germany, the economic engine of Europe, has been a key player in bailing out the Continent's most troubled economies.

Yet there are places in the former West Germany — like Oberhausen — that are struggling with their own debt problems, even as they pay hefty sums to revitalize former East German cities with transfers known as "Solidarity Pact" payments.

Borrowing To Stay Afloat — And Pay Out

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The Two-Way
4:30 pm
Mon November 12, 2012

Salman Rushdie, John Le Carre End Literary Feud

Author Salman Rushdie at The New Yorker Festival in New York on Oct. 7.
Todd France AP

It began with a war of words in the letters pages of the Guardian and ended with comments made to The Times of London. It took 15 years, but, as the Guardian reports, the feud between writers Salman Rushdie and John le Carre is at an end.

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