La Giornale

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Re: La Giornale

Post by Blakeway4 on 23rd August 2011, 12:28

Energy is a tough World it seems! :shock:

Great articles Thomas!
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Re: La Giornale

Post by Thomas on 2nd September 2011, 20:54




Regno Aerei merges with Cattala Airways to from Cattala Aviation Group
Aviation giant purchases smaller rival as Government creates a national conglomerate

The country's two state-owned airlines have merged to form the largest aviation conglomerate in Cattala's history, following the approval of new government plans to shake up the aviation sector. Cattala Airways, which is 49% owned by foreign companies, was bought by Regno Aerei yesterday before the new conglomerate, Cattala Aviation Group, was unveiled in the evening by the Minister for Aeronautics.

Regno Aerei, the largest airline in Cattala, serves 68 international destinations, and is considerably larger than Cattala Airways, which currently serves just 19 destinations in Europe and North America. "We believe that forming a conglomerate of our two state-owned airlines will help to streamline the businesses, make them more efficient and increase both passenger numbers and profitability. We want to invest in our airlines and protecting the public's investments in these businesses is crucial." said Margaret Rickerton, the Cattolica Conservatori minister for Aeronautics who spoke at the corporate unveiling last night.

It's believed that Cattala Airways will now expand into much more of the regional market than it previously held, including more flights to the Balkans, Iberia, North Africa and Northern Europe. Regno Aerei is expected to take over the North American routes of Cattala Airways and continue to expand globally, into more of the North American, Asian and the Middle Eastern markets.

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Re: La Giornale

Post by Thomas on 19th September 2011, 20:20





Cattala "must refrain from diplomatic war" warn economists
First Counsel pledges to protect Cattala as the government is warned against its "risky strategy"

Senior economists and former government advisor's have called on the coalition to "refrain from diplomatic war" with regional superpowers otherwise it will damage the economic future of Cattala. Recent conflicts with Hiigara, Shushtrepistaz and the Atlantic Federation are believed to have reduced growth by 0.5% of GDP, and the group have told the new government to "pull back on its risky strategy" due to the "negative impacts on economic growth and development both here and abroad."

In response to the statement, First Counsel Agatha Vermini, the leading High Tory in the coalition and the representative for the strong-minded Il Popolo party, told La Giornale that this government will do "everything it can" to ensure that Cattala isn't in the same position it was when Hiigara blockaded the West Jennai port and caused "unforgettable pain" for the residents of the city. "We will ensure, as a government, that Cattala isn't the bad guy of the Mediterranean that moans about everyone and anyone. Some people believe that we're all religious conservatives that hate secular countries. We aren't, and we don't. Cattala is an open country that accepts everyone and I agree we need to show the world this side of Cattala and stop people from seeing us in the wrong light," she said.

Leaked government documents this weekend also suggested that the new coalition is planning to tighten its press releases and introduce more "conservative and correct statements" in the future. However the files also stated that the government will continue its controversial embassy closure scheme, which caused tensions to flare with Hiigara recently. Plans for new "mini-commissions" are being drafted that will support Cattalian citizens abroad, but won't provide visas to foreign citizens. "These will need to be applied for online, by telephone or by postal service." says the draft bill.

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National Archives bought out by CRIF
Sovereign wealth fund takes over the country's largest historical archive facility

Cattala's Royal Investment Fund has taken majority control of the National Archives, after buying a 45% stake from Frae-Bewley. The hostile takeover, which has been ongoing for several weeks, was pushed through despite a series of public clashes between the Government-owned CRIF and its private equity rival. However, the sale was signed after the resignation of the FB-appointed managing director of the National Archives. "The Royal Investment Fund is pleased to announce it has increased it's stake in the National Archives to 60% after a bid for the Frae-Bewley Corporation stake was approved by the Board of Directors of the National Archives. Diversifying our cultural portfolio is a key aim for the Royal Investment Fund and the acquisition of the Archives is an important step." said CRIF in a press release. Frae-Bewley, who bought their stake in 2007, have not commented publicly but did say that they have made a small profit from the sale.

The National Archives were privatised in 2002 as part of a capital release initiative. It has been owned by three private equity firms since it's privatisation but the Government has always maintained a minority stake of 25%. The hostile purchase by the sovereign wealth fund CRIF has effectively nationalised the archives again, and the Government now indirectly owns 85% of the National Archives.
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Re: La Giornale

Post by Thomas on 16th October 2011, 20:04





Occupy Jennai protesters rally despite large police presence
Wall Street-inspired protests have arrived in Cattala

The worldwide anti-capitalist protests reached Jennai today, with over 2000 people assembling in the Jennai Harbour business district on Sunday. The movement has gained significant support in Athens, London, Rome and Madrid over recent days, after beginning with Occupy Wall Street four weeks ago. Jennai Metropolitan Police prevented the protesters from travelling to their meeting point on Jennai Harbour Waterfront, the home of Cattala's banking sector. "We're here today to show the world that Cattala agrees with the thousands of other people who are opposed to the capitalist domination of the world and the corruption of global politics. We've been lucky here that the banking sector didn't completely collapse but thousands of people have lost their jobs." Said one protester today.

The police have been criticised by organisers for "aggressive use of force" by pushing the protesters away from the Harbour, and cutting off access points for other protesters travelling to the site. Fourteen people were arrested for assaulting police officers when a small fight broke out when protesters were told to leave the city centre. The Metropolitan Police have denied the claims, but did confirm that seven officers were injured by protesters when the scuffle broke out.

First Counsel Agatha Vermini said that the protesting wouldn't solve the current economic crisis that is gripping the world, telling RMi News that "protesting, whilst democratically acceptable, won't resolve the problems the world face. We're trying to prevent the troubles from affecting Cattala but we can only go so far, as we need to ensure that the budget deficit does not rise and that inflation is kept low."

Meanwhile the Bank of Cattala is expected to raise interest rates to 1% at their next meeting, as the Cattalian economy continues to grow strongly despite the international troubles. The latest GDP revisions are due out this week for the third quarter and will tell the central bank how well Cattala is doing in the "international economic turmoil".

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NEG agrees a $4.5bn gas deal with Syldavian Government
International oil and gas producer takes over Soll-A gas field from state-owned Sakhalin Energy

National Energy Group has taken a controlling stake in the major gas field Soll-A, off the coast of Sakhalin province. The deal, worth $4.5 billion, means that Cattala's main oil and gas company will be producing over 10 million cubic metres of natural gas per day, and will also be able to sign major deals in the future with the Sakhalin government on offshore energy production.

Soll-A is part of the Sakhalin-II energy field, which is owned by the Sakhalin provincial government and it's state-owned Sakhalin Energy group. The sale of Soll-A is a major deal that will help conserve the local economy for years to come and provide added foreign investment to a region dominated by China and Shushtrepistaz. NEG was spun off from National Energy Co. in 1986 as part of the company's restructuring. It was privatised in 1988 and is now the largest private energy company in Cattala.

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Re: La Giornale

Post by Blakeway4 on 16th October 2011, 20:12

Nice articles! Both very interesting Smile I totally love the first pic haha *cough* Jesus *cough* Cheeky/Razz I presume it is a picture of Occupy Wall Street as I recognize the NYSE building Wink
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Re: La Giornale

Post by Huston on 16th October 2011, 21:24

Nice Articles there Thomas, and the pic for the Occupy Wall street article is uhh, interesting Cheeky/Razz
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Re: La Giornale

Post by SmartbyLaw on 16th October 2011, 21:49

I love it! Good job~
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Re: La Giornale

Post by emperordaniel on 17th October 2011, 11:36

Looks pretty cool Smile
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Re: La Giornale

Post by Thomas on 17th October 2011, 19:02

Julien: It's Occupy London, from the steps of the Bank of England, I think.

Huston: haha, thanks. I saw it on the paper and thought "Protest + Jesus = Occupy Cattala."

SBL and Daniel: Thanks. Smile

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Re: La Giornale

Post by SmartbyLaw on 17th October 2011, 22:10

No problem. Hope to see more soon!
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