The Rajoy government’s stringent new measures to bring down the country’s deficit may just suppress the economic forces that might propel growth
Spain
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 …
Must-Reads from Around the World, June 26, 2012
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.
Must-Reads from Around the World, June 22, 2012
Today’s picks: a week to save the Euro, Putin heads to Jerusalem and China’s military tries to clean shop.
Hollande’s Socialists Win Parliamentary Majority in French Elections
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 …
How Spain’s Problems Got Worse in Less than a Week
Despite news of a 100 billion-euro bailout, Spain just had one of the worst weeks in its economic history
Spanish Miners Protest Spending Cuts
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.