The President of the Council of management of the General Society of authors and editors, Eduardo Teddy Bautista, is one of the nine arrested in the police operation which has today led to the Guardia Civil to register the entity headquarters in Madrid from 11 in the morning. Bautista is accused of an alleged crime of misappropriation in connection with a cause to investigate the anti-corruption Prosecutor’s Office and the national audience, confirmed senior officials of the Ministry of the Interior. Among the defendants is also Jose Luis Rodriguez Neri, an exalt steering of the SGAE that allegedly diverted tens of thousands of euros to companies of their property; the financial director of the entity, Ricardo Azcoaga, and the director-general, Enrique Loras. Detainees lend Declaration in the next few hours. Directs the investigation judge Pablo Ruz, head of the Central investigating court number 5 of the Audiencia Nacional. Source of the news:: arrested Teddy Bautista and eight others in the operation against the SGAE
Bank Balance
EFE between April and September, your credit balance with the outside more than fell 41%, the lowest figure for 27 years. Experts are already talking of a recession that has seen increased by tensions with its main trading partner, China. It is possible that the Bank of Japan implement new measures to stimulate the country’s economy. Japan published this Thursday some gloomy data from your current account balance and its machinery orders, the last of a series of negative indicators that have given shape to the threat of a recession in the third world economy. Between April and September, first half of the Japanese fiscal year, the current account surplus of Japan (the balance of its economy with respect to the outside) fell more than 41 percent and was at 26,650 million euros, the lowest figure since the country began to compile these data, 27 years ago. n only in September the surplus shrank almost 69% up to little more than 4,930 million euros and, in adjusted terms to seasonality, the current account balance reflected a shortfall of about 1,390 million euros, the first red numbers since 1996.
These weak data were worse than expected by analysts, like September machinery orders, which fell for the second consecutive month when contracting by 4.3%. This indicator is considered an advancement of business capital spending in the next six or nine months, so the fall in September, to analysts, predicts that Japan’s stagnant economy has no overtones of improve immediately, but rather the opposite. Among experts begins to speak already clearly in recession, azuzada by the global slowdown and the impact of the crisis in Europe, which in recent months have joined the tensions with China, first Nippon trading partner. The two engines that made Japan an economic power, domestic demand and exports, have been resented the impact of the European crisis and the strength of the yen, which, since the middle of last year, maintains a solitary career upward against the euro and the dollar.