Meedja on the Insanity Pills

Despite strike, oil firms report record profits..

The strike at the Grangemouth oil refinery may cost the industry an estimated £50m a day. The Guardian. The Telegraph.

Oil firms such as Shell and BP report profits soaring to around £68bn. The Guardian.

It was revealed that home repossessions will increase by more than a quarter this year. This is Money.

David Abrahams, the business man accused of illegally channelling £630,000 to Labour, has been cleared. The Guardian.

The Royal College of Nursing has claimed that nurses spend a million hours a week doing unnecessary paperwork. The Times.

There have been talks about giving injured British soldiers bigger payouts. The Times.

A train crash in China has killed at least 66 people. BBC. New York Times.The Telegraph.

India has successfully launched a rocket into orbit carrying a cluster of 10 satellites. BBC. AFP.

The US business class airline Eos has gone bankrupt. BBC.

The Olympic Torch has reached Pyongyang in North Korea. BBC.

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