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Wednesday, November 21, 2012


OPPOSITION SAYS ELECTION IMPOSSIBLE IN APRIL/MAY Kathmandu, 21 Nov.: The opposition parties have claimed that new election could not be held in April-May since the government has announced it again Unilaterally, RSS reports. "Formation of a national consensus government is a must to conduct the election in the announced time", they said, adding that only the government of national consensus could remove constitutional and legal difficulties relating to the election process. Speaking at a face-to-face programme organised here on Wednesday, leaders from the main oppositions - Nepali Congress and CPN-UML sought the resignation of Prime Minister Dr Baburam Bhattarai to ensure the new election in April-May. Besides, they accused the government of bringing budget without the consent of the opposition parties and said it was not acceptable for them. Congress leader Dr Ram Sharan Mahat and UML leader Pradeep Gyawali were among those expressing dissatisfactions over the government's decision regarding the budget and new election. "The Congress has no disagreement on the content of budget, but concerns are on its process", Mahat said. Similarly, Gyawali said that the party was surprised why the President approved the budget ordinance. The approval of the budget ordinance by the President has saddened the party, he commented. However, leaders from the ruling parties urged the political parties not to politicise the budget since its announcement was the need of the hour to prevent nation from plunging into an economic crisis. UCPN-Maoist spokesperson Agmi Sapkota opined that the incumbent government could be transformed into a government of national consensus to hold the election in April-May. "The President played the role of guardianship by approving the budget", he said. Nnnn WOMAN FALLS OFF BUS, DEAD Kathmandu, 21 Nov.: A woman died after falling from a door of a bus at 49 kilo along the Araniko Highway on Wednesday morning, RSS reports from Kavre.. The deceased has been identified as Asali Tamang, 50, of Hokse VDC-6, according to the District Traffic Police Office, Kavre. Tamang died after falling from the door of the bus (Ba 2 Kha 4683) heading towards Kathmandu from Chautara. According to Chief at the Office, Dhan Bahadur Shrestha, she died on the way to Dhulikhel Hospital for treatment. nnnn DAILY MAIL SELLING REGIONAL TITLES IN BIGGEST SHAKE-UP OF BRITISH NEWWSPAPER MARKET IN YEARS Kathmandu, 21 Nov.: Daily Mail has agreed to sell its regional titles to a new company led by tabloid veteran David Montgomery in the biggest shake up of the British newspaper market for years, Reuters reports from London.. Under the plans, the new group will be called Local World and will reach a weekly newspaper audience of 6 million readers and 7 million online users, through its 107 print titles and 60 websites. Daily Mail will sell its titles to the new company for 52.5 million pounds ($83.6 million) and receive 39 percent of the new media group. The Iliffe family, which owns the Yattendon Group, will take a 21 percent holding in return for their 36 titles, while rival newspaper publisher Trinity Mirror will pay 14 million pounds to take a 20 percent equity stake. It will not sell any titles to the new group. The overhaul of the British newspaper market follows years of falling advertising revenues and falling circulation among the regional titles. Montgomery has played a key role in restructuring Europe's newspaper industry, firstly at Britain's Mirror Group and then as chief executive of European newspaper group Mecom. He told Reuters a year ago that he had formed a London registered company with unnamed partners called Local World, with the intention of investing in European titles. Montgomery will be chairman of the new group while Steve Auckland, currently chief executive of Daily Mail's regional unit, will become the chief executive of Local World. "With this move we receive cash from the sale and also retain a stake in a business with excellent prospects," Daily Mail Chief Executive Martin Morgan said. "Local World has talented people and a clear vision for the future of local media. I think the media industry has been waiting for this logical next step for regional newspapers." nnnn

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