May 2011: Sony online entertainment suffered a major hacking
scandal in mid spring of 2011. Twenty-four million users of the Sony online
entertainment company lost information to the hackers, whilst a further 12,700
people lost credit card numbers. The hacking led to the closure of the playstation network
for a week (much to the glee of you xbox users) and sparked a number of hacking
scandals.
June 2011: Greece’s sovereign debt rating was lowered to CCC
by Standard and Poor on the 13th June. This was the lowest sovereign
debt rating in the world at that point and resulted in huge losses for major
stock exchanges. Although, Prime Minister George Papandreou proposed a
reshuffled cabinet the damage had already been done and the Eurozone crisis ensued.
July 2011: Formula one in 2012 will for the first time, not
be shown on free to air TV as a result of SKY securing a seven year deal to
show the motorsport. The deal has sparked much controversy throughout the UK,
with many bemoaning the ‘Beebs’ cost cutting measures and the amount of control
that SKY now has over live sport shown in the UK.
August 2011: The London riots in August created much social
disharmony amongst the nation. People began to doubt the mindset of the ‘youth’
along with peoples respect for others. To go along with this the government
faced a huge financial problem with their estimated to have been over £100million
worth of damage and over 14 companies filing for bankruptcy as a result of the
riots.
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