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Spanish activists line streets to continue protest of dreadful economy
Masses of chanting “indignant” activists poured into the streets across Spain on Saturday in a vast show of strength one year on from igniting a global protest against economic injustice. Tens of thousands packed Madrid’s central Puerta del Sol square, the emblematic birthplace of their popular movement against inequality, sky-high unemployment and spending cuts…
Richard Branson says Spain can solve its economic problems by legalizing marijuana
Sir Richard Branson believes that the ideal way for Spain to get out of its current morass of national debt, savage austerity cuts, and social turmoil would be to legalize and tax marijuana. The billionaire founder of the Virgin Group suggested at the opening of the world’s largest cannabis museum…
Spain’s ‘indignants’ to retake the streets
MADRID — A year after taking over Spain’s streets and squares, sparking a global uprising against economic injustice, the “indignants” are plotting a comeback. The activists, who once led hundreds of thousands into the streets, are launching a four-day protest May 12-15, ending on the anniversary of the movement’s birth…
Bowing to U.S. pressure, Spain and Malaysia dropped from copyright blacklist
After bowing to pressure from the U.S., Spain and Malaysia have been dropped from a high-profile copyright violations watchlist that officials use to pressure countries into changing their laws to align with U.S. intellectual property safeguards. And from the looks of 2012′s list, Canada and Israel are up next. “This…
Spain falls back into recession
Spain has tipped back into recession, official data showed Monday, grim news for a cash-strapped economy hobbled by rising debt, soaring unemployment and deeply troubled banks. Spain’s gross domestic product shrank by 0.3 percent in the first quarter of 2012, equalling the slump in the final quarter of 2011, according to preliminary data from…
Spaniards protest against austerity cuts
MADRID — Tens of thousands of people demonstrated across Spain on Sunday against new austerity measures targetting education and health care spending. “Cuts in health care and education, that’s the last straw for us, the working class,” said Domingo Zamora, a 60-year-old civil servant in Madrid. “Without that, what’s left?…
Spain has stopped importing Iranian oil: official
Spain stopped importing Iranian oil ”at the end of February” because of the imposition of a gradual European Union embargo, the foreign ministry said Tuesday. “We haven’t imported Iranian oil since the end of February as businesses have diversified their buying because of Europeansanctions,” a ministry spokesman said. “This is the logical fallout of Spain’s…
Court battle for sunken treasure hits Gibraltar
A court battle over treasure from an old Spanish shipwreck has reached Gibraltar, where descendants of the sunken cargo’s owners are fighting to win back part of the booty from Spain. The British-administered territory has been drawn into a tangled squabble between Spain, US treasure hunters and the Latin American descendants, in a case…
Mass demonstrations across Spain oppose labor ‘reforms’
By Gabriel Rubio MADRID — More than a hundred thousand demonstrators protested across Spain Sunday at labour reforms introduced by the country’s conservative government ahead of a general strike called for March 29. Two of Spain’s biggest unions, the UGT and CCOO, called for rallies ahead of the strike to…
EU leaders sign treaty for budget discipline
EU leaders signed a new treaty to control budgets on Friday, vowing to turn the corner on the eurozone debt crisis, but new public deficit strains soured the event. Leaders from 25 of the bloc’s 27 nations — apart from the Czech Republic and Britain — signed the treaty at…
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