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In Spain, Rapid Rise of Leftists Has a Familiar Ring
In Spain, Rapid Rise of Leftists Has a Familiar Ring MADRID — He has promised to restructure the debt. He has said it is time to change laws “that allow the rich to keep stealing from us.” He has vowed that Brussels “cannot threaten us” and that “we don’t want any more heads of government […]
Making Me Pay For My Crimes Would Send “Message of Uncertainty to the Markets”: Bank President to Spanish Judge
Making Me Pay For My Crimes Would Send “Message of Uncertainty to the Markets”: Bank President to Spanish Judge “It’s just a matter of time before injustice prevails…” A Spanish judge by the name of Fernando Andreu recently violated one of the most important unwritten rules of global finance: namely, that banks and bankers are […]
Spanish Judge Violates Global Rule, Makes Bank President & Former IMF Chief Pay for Financial Crimes
Spanish Judge Violates Global Rule, Makes Bank President & Former IMF Chief Pay for Financial Crimes Bankers never go to jail. This is one of the unwritten new laws to which most of us have grown wearily accustomed in this new post-crisis reality. Also begrudgingly taken for granted is the fact that a banker’s fortune will […]
Spain shuts down nuclear reactor after blackout
Spain shuts down nuclear reactor after blackout A Spanish nuclear power plant was shut down following an electricity failure, local media reported late on Tuesday. Strong winds reportedly caused the blackout in the northeast of the country. Operations at the Vandellos II 1,000-megawatt nuclear power station, located in Catalonia, Spain, were brought to a halt […]
Huge Madrid march in support of anti-austerity party Tens of thousands take to the streets of Spanish capital in support of Podemos. Tens of thousands of people have marched in Madrid in support for anti-austerity party Podemos, whose surging popularity and policies have drawn comparisons with Greece’s new Syriza rulers. On Saturday, protesters chanted “Yes […]
Catalanstrophe – 81% Of 2.25 Million Voters Choose Independence; Government Responds: “Useless Sham”
Catalanstrophe – 81% Of 2.25 Million Voters Choose Independence; Government Responds: “Useless Sham” Prime Minister Mariano Rajoy has a problem. Despite his best legal and propoganda defenses (and harsh weather conditions) today’s symbolioc vote for Catalonia independence proceeded… and the initial results (with 88% of the vote counted) are in: *TURNOUT IN CATALAN BALLOT WAS ABT […]
It’s Official: Spain is Unraveling | Wolf Street
It’s Official: Spain is Unraveling | Wolf Street. While the Rajoy government fiddles in its endemic culture of corruption, the people simmer with anger. By Don Quijones, freelance writer, translator in Barcelona, Spain. Editor atWOLF STREET. Mexico is his country-in-law. Raging Bull-Shit is his modest attempt to scrub away the lathers of soft soap peddled by political and […]
Catalans hope for big turnout in symbolic independence vote | Reuters
Catalans hope for big turnout in symbolic independence vote | Reuters. (Reuters) – Hundreds of thousands of Catalans are expected to back independence from Spain on Sunday in a symbolic referendum on secession being held across the northeastern region, despite opposition from Madrid. The “consultation of citizens” follows a legal block by the central government against a […]
Special Report: Why Madrid’s poor fear Goldman Sachs and Blackstone | Reuters
Special Report: Why Madrid’s poor fear Goldman Sachs and Blackstone | Reuters. (Reuters) – Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same. But as old contracts expire, dozens […]
