The Beeb gloated over Hackgate. It's trembling now – Telegraph Blogs

http://blogs.telegraph.co.uk/news/cristinaodone/100186094/the-beeb-gloated-over-hackgate-its-trembling-now/

Schadenfreude

I don't speak German, most of the words and phrases I know come from Second World War comics I read as a child. However I do know one proper word and that is 'Schadenfreude'. If you don't know what Schadenfreude means then let me tell you; it means pleasure derived from the misfortunes of others.
The news that the BBC news department is in apparent turmoil gave me some pleasure but then I read that the BBC foreign correspondent John Simpson has said:

"This is the worst crisis that I can remember in my nearly 50 years at the BBC. I don't think the BBC has handled it terribly well. ... All we have as an organisation is the trust of the people the people that watch us and listen to us and if we don't have that, if we start to lose that, that's very dangerous I think for the BBC."

Ah Schadenfreude.

World economic recession hits Arab oil states

On Thursday I blogged that developers in Dubai were halting building of a skyscraper planned to be the world's tallest. Today I learn that according to Kuwait's foreign minister, Sheikh Mohammed al-Sabahthe, the global economic crisis has cost Arab countries $2,500bn just in the last four months. Sheikh Mohammed al-Sabah told reporters in Kuwait City that the oil-rich Gulf Arab states had postponed or cancelled 60% of development projects. Apparently, stock market falls and a low oil price have contributed to the losses but the biggest loss was an estimated 40% drop in the value of Arab investments abroad, which had previously totalled around $2.5tn.