Striking Workers March All Across Europe to Fight Austerity
Large general strikes have hit countries spanning the entire European Union on Wednesday, as workers across the continent coordinated protests against government austerity measures.
The world and Venezuela are anxiously awaiting for Hugo Chavez's first public appearance since fleeing to Cuba for cancer treatment last year. That's why the Spanish paper El Pais decided to run a picture of what they thought was an intubated Chavez.
Large general strikes have hit countries spanning the entire European Union on Wednesday, as workers across the continent coordinated protests against government austerity measures.
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A summary of the best reads found behind the paywall of The New York Times.
A summary of the best reads found behind the paywall of The New York Times.
A chart from the International Monetary Fund's global financial stability report shows just how dire the need for cash is for Spanish and Italian banks which are poised to receive fresh funds from the European Central Bank.
It's commonly known that it's not really a great time in Greece what with its debt and austerity measures, but don't tell that to 2 percent of Greeks, who think their country's finances are a-OK.
As the Spanish government finishes negotiating the terms of its European bailout, Prime Minister Mariano Rajoy announced a new round of tax increases and spending cuts meant to satisfy the European powers who are rescuing them.
A summary of the best reads found behind the paywall of The New York Times.
World leaders may have twisted Angela Merkel's arm into submission.
The happy partnership between Germany and France on the European debt crisis turned unmistakably sour this morning.
Officials in Britain have seen what's going on with the rest of the Eurozone, and have cut a deal worth an estimated £80 billion to make sure they don't become the next Spain.
Despite European efforts to rescue Spain's banks, Moody's downgraded the country's debt to near-junk-bond status Thursday, and the ramifications are reverberating across the globe.
It was designed to ease investor fears but Europe's $125 billion bailout of Spanish banks is already falling short.
Global markets are doing great on Monday morning after Spain agreed to a 100 billion euro bailout package, but it may only be a temporary oasis before reaching Europe's next crisis point.
In a conference call on Saturday, Spain's finance minister indicated they will be asking for a bailout from the other Eurozone countries that could amount to €100 billion.
The euro zone is looking decidedly less stable this morning as Spain's budget minister calls on Europe to shore up its debt-ridden banks—a move Spanish leaders had insisted just a week ago wouldn't be necessary.
Almost one-quarter of all Spanish workers are unemployed right now, with no sign that nation's economy will get better any time soon.
Though it's no Greece, fellow EU member Spain also finds itself in dire economic straits, inspiring one Spanish village to propose growing marijuana for some extra cash.
The latest signal of how the situation in the eurozone's gone from bad to worse: Britain is writing up evacuation plans for expats in Spain and Portugal in case the European currency goes kaput.
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Interest rates for some corporations lower than those of the two European nations
Spain booted the diplomats "because the Qadhafi regime has lost all legitimacy"
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Riot police wielding truncheons and firing rubber bullets cleared a two-week-old camp
Economic crisis and massive youth protests take their toll
Youth "revolution" may be a harbinger for Europe
Protesters in Madrid are using social media and organizing citizen committees
Killing at least 10 and damaging buildings in the small town of Lorca
The magnitude 5.3 quake struck the Murcia region
And it's all the more iconic because we haven't seen bin Laden's corpse
The French are inflamed with liberal zeal, a Spanish op-ed brings up Melville, and more
Today's news raises questions, like what's the German word for "silliness"?
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