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By NewsGram Staff Writer
International broadcasters including the giant BBC repeatedly broke the Ofcom code by screening programmes funded by foreign governments, charities and NGOs, an investigation has revealed recently. Ofcom has uncovered nearly 50 breaches of its code by CNN, CNBC and the BBC after a four-year inquiry into the global news channels, The Independent reported.
As a mater of fact, the Ofcom codes on due impartiality states that news, in whatever form, must be reported with due accuracy and presented with due impartiality. Also, the funded broadcasting as per Ofcom codes leads to “inherent risk to independence and editorial integrity”.
The media regulator discovered a series of infringements of its impartiality guidelines and found that hundreds of nominal-fee programmes had been paid for by bodies ranging from United Nations departments to the Indonesian ministry of trade and a Cambodian casino firm.
It said the practice carried “inherent risk to independence and editorial integrity” and it has ordered an “industry-wide” meeting of news networks to address the matter.
The Ofcom probe, the biggest it has undertaken into television content, began after an investigation in 2011 by The Independent, which revealed that a London-based media company that had received millions of pounds from the Malaysian government for public relations work was making documentaries for the BBC on the subject of Malaysia.
The Independent also detailed how the company, FBC Media (UK), had close ties to the American networks CNN and CNBC. Ofcom reported that both broadcasters had broken its rules on due impartiality. The regulator said it would now draw up new “best-practice guidelines” for broadcasters so that “viewers can continue to be confident in the independence of factual programming”.
The broadcaster most criticised in the findings was CNN International, which was found to have broken the code 26 times, including breaches of both the impartiality and sponsorship rules.
John Defterios, one of CNN’s leading business presenters, was a director and president of FBC from 2007 until 2011. Defterios conducted interviews on CNN with the Malaysian Prime Minister, Najib Razak, in 2010 and 2011 on the shows Marketplace Middle East and Quest Means Business. John Defterios, a CNN presenter, was a director of FBC Media, which took money from the Malaysian state.
Given that “the government of Malaysia had been a client of FBC”, Ofcom ruled that “FBC’s relationship with the government of Malaysia and Defterios’s relationship with FBC would have called into question the due impartiality of the interviews”. It identified a third breach of impartiality rules in an interview Defterios conducted with the governor of Malaysia’s central bank, also on Marketplace Middle East.
Ofcom also found CNN in breach of impartiality rules over a 2009 interview by Defterios with Gamal Mubarak, son of the then Egyptian President Hosni Mubarak. The Egyptian government’s investment authority, Gafi, was another FBC client.
The regulator also found CNN had committed more than 20 breaches of its code on sponsorship by failing to properly declare content funding by organisations ranging from the Singapore Economic Development Board to Macedonia Tourism.
In a statement, CNN said: “We welcome Ofcom’s conclusion that the way our programmes were funded did not compromise CNN International’s editorial independence.” It added that “we … accept that a very small portion of our sponsored content fell under what Ofcom categorises as current affairs, which under UK regulations may not be sponsored”.
The BBC was found to have breached Ofcom’s code on sponsorship 20 times on its World News channel, where it featured programmes underwritten by funders ranging from the Aga Khan Foundation to the International Diabetes Foundation and the UN’s Food and Agriculture Organisation. BBC World News, the broadcaster’s 24-hour global news channel, handed Ofcom details of 186 programmes supplied to it for no cost or a nominal sum (typically £1).
The regulator asked the BBC to “explain in full its practice of accepting free or nominal-cost programming and broadcasting this without sponsorship credits”. The BBC replied that this practice dated back to 1991 when World News began.
The BBC defended itself by arguing that it invariably included a “thanks to” message to the funder in the credits for the programme. Ofcom said this was insufficient.
One programme, Architects on the Frontline, was paid for by the Aga Khan Foundation, a not-for-profit development organisation set up by one of the world’s wealthiest men, and featured the boast that the Aga Khan Award for Architecture was “widely recognised as the most prestigious in its field”. Ofcom said the fact that a programme’s “interests are humanitarian and highly laudable” did not mean it was exempt from rules on declaring sponsors.
Another BBC programme, Stealing the Past, covered the traffic in stolen antiquities and featured interviews with Irina Bokova, director general of Unesco, the UN body which funded the documentary.
Ofcom’s investigation into FBC’s programmes for the BBC was hampered by the fact that the company went into liquidation months after The Independent exposé. The regulator could not find evidence that FBC specifically spent money from the millions it received from the Malaysian government on programmes it made for the BBC about Malaysia “as opposed to non-television public relations and lobbying activity”.
The BBC had previously broadcasted an on-air apology for the scandal, which was the subject of “extensive internal investigation”, it told the regulator. “We know that FBC had a PR relationship with Malaysian clients and as such we fully accept that it was not an appropriate producer of the programmes it produced for BBC World News,” it admitted. “We acknowledge that a conflict of interest existed here, in breach of the BBC’s editorial guidelines and that this relationship could have undermined our editorial independence.”
The BBC said last night that it had already strengthened its procedures to protect editorial integrity. “We are pleased that Ofcom welcomes the steps we continue to apply to prevent further issues and we look forward to working with Ofcom and the other broadcasters to develop best practice guidelines to help maintain compliance with the Code in this complex area.”
By- Blogger Indifi
EMI is known as equated monthly installments. It is a fixed payment made by the borrower each month to repay the loan amount. The EMI is divided into two loan components. One is the principal amount, and the second is the interest amount. Whether you are applying for a personal loan, business loan, home loan, car loan, or education loan, EMIs are easy to calculate using the EMI loan calculator.
Three parameters based on which EMI calculator works:
- Loan amount.
- Repayment tenure.
- Rate of interest (offered by the lender).
Factors that affect the Loan EMIs
Above, we have discussed the main parameters on which loan EMI is based. Here are the factors that affect the EMIs.
Changes in the loan interest rate: There are three loan interest rates -- fixed, floating, and hybrid.
When an interest rate offered on a loan is fixed, in that scenario, there are no changes in the EMIs.
A floating interest rate is linked to the marginal cost of the fund-based lending rate and can change the loan EMIs. As the rate is flexible, it keeps changing per the repo rate.
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If you have taken the loan on a hybrid interest rate, the interest rate is fixed only for a particular tenure. After that, it is on MCLR to decide the interest rate, and based on the determined interest rate, the EMI changes.
Tenure: When you opt for a loan transfer from one lender to another, there may be a possibility of change in the loan tenure. It will also bring changes in the EMI calculations. If the tenure increases, it will decrease the EMI. In case the tenure is reduced, EMI will increase.
Sample loan chart of a business company Image source: wikimedia commons
The loan amount of repayment is also a reason that affects a loan's EMI. If you make a loan prepayment, it reduces the outstanding principal amount, based on which the EMI amount or tenure is changed.
Benefits of using an online EMI calculator:
- Find out exact EMIs to be paid monthly for any loan.
- Saves time.
- Get a detailed overview of loans applied using the amortization schedule.
- Plan your monthly finances well in advance.
You can set multiple schedules and loan tenures. After a detailed schedule comparison, choose the one that suits well with your financial requirements.
Significance of loan amortization schedule in EMI calculator
A loan amortization schedule data shows the EMI break-ups. It shows how much EMI you need to pay for interest and what you will pay as the principal amount. It is one of the most significant advantages of using the EMI calculator. The EMIs that you pay as principal will keep reducing the loan's principal amount. It will also result in decreasing the interest amount. You will get to know all these things when you use the EMI loan calculator frequently. The amortization schedule is one of the essential features of an EMI loan calculator that helps design the proper prepayment schedule.
The different types of EMI calculators
Home loan EMI calculator
Home loans are one of the most popular and common loans applied for in India. It has a long tenure and a sizable principal amount. Whenever you apply for a home loan, it is essential to do all the EMI calculations in advance. There are various home loan EMI calculators available online with every home loan provider. All that is required to calculate the EMI is the loan amount, tenure, and interest rate. Using a home loan EMI calculator can help you easily plan your finances.
Business loan EMI calculator
Like home loans, business loans also come with a massive principal amount and longer tenures. So, using the business loan online EMI calculator is a smart way to calculate the business loan EMIs. Requirements are the essential loan details, such as repayment tenure, interest rate, and the loan amount. Online, equated monthly installment is automatically calculated at the lender's website.
Personal loan EMI Calculator
Personal loans are multipurpose. It is the reason they are considered as the most applied loan to meet immediate financial requirements. For choosing the right loan amount, you must use the personal loan EMI calculator. It will help you to choose the best interest rate loan offer and tenure. Try to go with the shorter term to pay less interest on the principal amount.
Sample of External Loan amounts Image source: wikimedia commons
Education loan EMI calculator
Education costs increase each year and can cause financial strains on a family. If you are planning to send your child overseas for higher education by applying for an education loan, at that time, the EMI calculator proves to be the best online financial tool. It will help you to decide the right EMI amount where your daily expenses remain unaffected.
Simple interest loan EMI calculator
An EMI calculator is used to calculate the simple interest applicable on the loan amount for a specified tenure. It is one of the most accessible financial tools. All that is required is tenure, a simple interest rate, and the borrowed amount. After that, click on 'calculate' to know the exact EMI to be paid.
Loan against property EMI calculator
If you have any residential or commercial property registered in your name, you can apply for a loan against the property. It is a kind of secured loan, where the property is kept as collateral. To understand how EMI works under this loan scheme, use the loan against the property EMI calculator.
Overall, EMI loan calculators are one of the best financial tools to compare varied loan offers. It provides a clear picture of the total cost of the loan and respective EMIs to be paid monthly. Online EMI calculators are available on every lender's website; whether you are applying for a business loan online, home loan, car loan, personal loan, or any other loan, using the online EMI calculator can help. Just with a click of a mouse, you can keep control of your financial life.
The online EMI loan calculator has been programmed with the formula based on the loan applied. There is no need to worry about the accuracy of the result. All that you are required to share for the calculator to do its job accurately is the right amount, tenure, and interest rate offered by the lender.
Disclaimer: (This article is sponsored and include some commercial links)
The symbol of Swastika is known to signify peace, prosperity, and good fortune in the religious cultures of Eurasia. In fact, this symbol is considered very significant in Hinduism, Buddhism, and Jainism. But, at the same time, it has become one of the most misunderstood religious symbols and has been globally banned in many countries.
The reason why the symbol of Swastika is banned in many countries is because of its association with Adolf Hitler's extreme political ideology, Nazism, as Swastika as its official symbol.
Austria, France, Latvia, Spain, Germany, and Russia are amongst the many countries that have banned the display and use of the Swastika.
Moreover, last week Victoria in Australia is preparing to become the first-ever state to ban the public display of the Swastika. This is a step towards an expansion of anti-vilification laws in the state.
Representation of the Swastika on the flag of Adolf Hitler's Nazi Movement.Photo by Flickr.
Now, we must know and understand what went wrong with this symbol, which is sacred and signifies all-good things.
For a very, very long time, in India, the Swastika is the first emblem that is worshipped or even drawn before any sacred and auspicious ceremonies as this symbol in Sanskrit represents 'well-being'. But, the Swastika lost all its credibility when it was wrongfully used by Adolf Hitler.
In fact, it is believed that if this symbol is worshipped properly, then it gives positive results. But if it is abused, then it gives negative results. So, when Adolf Hitler rotated the Swastika at 45 degrees, it slowly and steadily brought misery not only to Adolf Hitler and his theory of Nazism but also to all the people who were associated with him.
Therefore, in order to give the kind of respect and credibility which the Swastika deserves, World Interfaith Harmony Week which was held in New York in February this year, interfaith groups appealed to the United Nations to recognize and acknowledge the Swastika as an important and peaceful symbol. In fact, they also differentiated it from the Hakenkreuz or "Hooked Cross" of Adolf Hitler.
India celebrated a historic day on August 7, as 23-year-old Neeraj Chopra became the first Indian to win an Olympic gold medal in athletics. In the men's javelin throw event, he achieved his greatest triumph, throwing the javelin 87.58 meters on his second try.
Neeraj Chopra was born on December 24, 1997, in Khandra village in Haryana's Panipat district. He grew up in a Haryanavi family of farmers. He is the brother of two sisters. He graduated from Dayanand Anglo-Vedic College in Chandigarh and is now enrolled in Lovely Professional University in Jalandhar, Punjab, pursuing a Bachelor of Arts degree. Chopra was bullied due to his obesity as a kid, which prompted his father to enroll him in a nearby gym. He then joined a gym in Panipat, where Jaiveer Choudhary, a javelin thrower, noticed his potential and coached him. When the 13-year-old Chopra finished training under Jaiveer for a year, he was enrolled at the Tau Devi Lal Sports Complex in Panchkula, where he began training under coach Naseem Ahmed.
In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018. | Wikimedia Commons
Chopra's first international medal came in 2014, as he took home a silver medal at the Youth Olympic Qualification Tournament in Bangkok. In 2015, he set a world record in the junior category of 81.04 meters in the 2015 All India Inter-University Athletics Meet.
Since emerging into the public eye with a historic gold medal at the junior world championships in 2016, he has maintained a high level of performance, setting an Under-20 world record of 86.48m, which still stands. Gold medals in both the 2018 Commonwealth Games and the 2018 Asian Games are among his other accomplishments, including a first-place in the 2017 Asian Championships. In 2018, he broke the world record in the javelin throw and became India's first-ever gold medalist in the javelin throw. He is also a laureate of the Arjuna Award for 2018.
Chopra has also had his share of bad events in life. In 2019, he underwent surgery on the elbow of his right throwing arm, which kept him out of the game for almost a year. However, he returned more robust than ever. In November 2019, he went to South Africa to train from Klaus Bartoneitz. He spent the following year in India training at the NIS Patiala because of the COVID-19 pandemic. He was allowed to go to France with his coach after weeks of trying to get a travel visa.
Neeraj Chopra made history in the 2020 Tokyo Olympics by becoming the first Indian to win a gold medal in athletics. Also, it is worth mentioning that after Abhinav Bindra, Chopra is only the second Indian to win an individual gold medal.
Keywords: Neeraj Chopra, Olympics, Tokyo2020, Gold medal, javelin, India, Haryana