Angry demonstrations are one thing, but the irate in Spain are stomping their flamenco heels at banks and robbing supermarkets to give to the poor
Spain
Europe’s Good News: Economic Decline Is Bad, but Could Be Worse
A flurry of new economic data in Europe indicates that the slide of the euro zone toward recession isn’t as rapid as some had expected — though it is still steady enough to represent a major threat to the global economy
Why France’s Socialists Won’t Kill Sarkozy’s Internet Piracy Law
Underfunding enforcement may be preferable to reversing the law for a Socialist Party that needs the support of a left-leaning entertainment industry
A Continent on Fire
As countries across Europe’s Mediterranean rim reel from a crippling debt crisis, a summer of harsh weather has added on the woes and the heat, sparking wildfires from Portugal to Greece
Austerity May Begin to Toll for France As Well
A big French carmaker makes painful cuts even as it grows increasingly clear that Hollande may have to inflict austerity on France.
Austerity Bites: How the Remedy May Just Make Things Worse for Spain
The Rajoy government’s stringent new measures to bring down the country’s deficit may just suppress the economic forces that might propel growth
Must-Reads from Around the World, July 10, 2012
Today’s picks: the stormy waters of the South China Sea, India faces the fallout from late monsoon rains and a controversial German writer and economist (not surprisingly) speaks his mind
The Festival of San Fermín
The iconic running of the bulls takes place this week in Pamplona, Spain as people from across the globe flood the city’s streets to celebrate the legendary festival of San Fermín.
Beyond Soccer: The Poignance (and Royalty) of Spain’s Soft Power
The Spanish Bourbons have their fair share of controversy, but Crown Prince Felipe and his wife show that the Spanish brand isn’t limited to the football pitch
France Needs $43 Billion to Meet Debt Targets — but Rejects Austérité
French auditors reveal a $43 billion funding shortfall for 2012 and ’13, forcing Socialist President François Hollande to shift his focus from progrowth efforts to measures that look a lot like austerity he criticized elsewhere
Must-Reads from Around the World, July 3, 2012
Today’s picks: Mexico declares emergency over renewed bird flu outbreak, a new report condemns Syria’s “state policy of torture,” and the Burmese parliament prepares to reshape its economy, following half a century of military rule.
La Roja‘s Stunning Euro 2012 Success Enthralls a Depressed Spain
Spain’s national soccer team wins an unprecedented third-straight international title with Sunday’s 4-0 European Championship win over Italy, and gives fans new reason for joy–and hope–amid the crushing euro crisis.
E.U. Summit: Up All Night, But Consensus Finally Reached
Billed as the “last chance” summit to contain the escalating euro crisis, the meeting of EU leaders produces measures to relieve short-term financial pressures on vulnerable members, and lay the framework for significant …