function InitNewsListBar() {
    var news = $('#newsbar ul li');

    var newscount = news.length;

    if (newscount > 1) {
        news.hide();
        $('#newsbar ul li:first').show();

        var counter = 0;

        function cycleNews() {
            $('#newsbar ul li').filter(function (index) {
                return index == counter;
            }).fadeOut(1500, function () {

                counter = counter + 1 == newscount ? 0 : counter + 1;

                $('#newsbar ul li').filter(function (index)
                { return index == counter; }).fadeIn(1500);
            });
        }

        var timer = setInterval(cycleNews, 5000);
    }
}