Guardian Media Group Plc will trim the size of the Guardian newspaper in Britain and cut or reduce supplements to help stem losses of more than 40 million pounds ($62.2 million) a year, the Daily Telegraph reported.
Libya’s Muammar Qaddafi’s regime was set to proclaim him king or emperor once it reclaimed the country from rebels, the Daily Telegraph reported, citing papers it uncovered from Prime Minister Baghdadi al Mahmudi’s abandoned Tripoli office. The document found by the newspaper was dated July 15 and set out a strategy to mobilize Libya’s tribes to re- establish the regime’s control over the country.
Even by the abrasive nature of Australian political sparring, the war of words between Prime Minister Kevin Rudd and Rupert Murdoch, who controls more than two-thirds of the nation’s urban newspaper market, is shaping up to be the most acrimonious in its election history.
Jacques Delors, the former European Commission president who played a central role in creating the euro in 1999, told the Daily Telegraph that politicians’ errors at the time “doomed” the currency to the current debt crisis.