Today’s global stories delve into the prospects for peace in Kashmir, Paraguay’s presidential impeachment and the Queen’s historic visit to Northern Ireland.
Today’s picks: a week to save the Euro, Putin heads to Jerusalem and China’s military tries to clean shop.
The French parliamentary elections hand Socialists and their leftist allies the large majority that President François Hollande needs to pass progrowth policies — and challenge German Chancellor Angela Merkel’s austerity …
Despite news of a 100 billion-euro bailout, Spain just had one of the worst weeks in its economic history
Strikes, road blockades, and mine sit-ins continue as 8,000 mineworkers at over 40 coal mines in northern Spain continue their protests against their fiscally-wracked government’s decision to cut coal subsidies.
Must reads for June 11: What will Spain’s bailout really achieve? Who killed Li Wangyang? And will any of Mexico’s presidential hopefuls solve the country’s bloody narco crisis?
Knowing how bailouts doomed the governments of other countries, Spain insists it has accepted a massive “loan” to recapitalize its banks. Others, however, are calling it as they see it
After declaring that there would be ‘no bank bailout’ in his country, Spanish Prime Minister Mariano Rajoy looks set to ask the E.U. for financial assistance for Spain’s beleaguered banks.
As Euro 2012 kicks off in Ukraine and Poland, Jimmy Burns, award-winning journalist and author of La Roja, a history of Spanish football, talks with TIME about Spain’s football past and the prospects of an even more glorious future.
Hesitant to apply more austerity, the fourth largest economy in the E.U. could get what it wants — direct injection of funds into its banks, not a bailout. It may just be too big to fail
A concordat with the Vatican has exempted the church from taxation but towns and cities are looking for loopholes to get at funding during austere times
High Stakes – The Guardian reports that Germany is weighing up a plan for a eurozone banking union to end the debt crisis, as Spain pleads for an E.U. rescue of its beleaguered banks. “The plan could see vast national debt and …