Topic: Madrid
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All Content
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Stock market rescue? Spain's bailout buoys stocks.
Stock market in Spain rises 2.5 percent, after Europe announcement of a bailout for its banks. Asia and other European markets also move up, as futures point to a higher open on the US stock market.
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Spanish banks to get bailout. Spain left holding the bag.
Markets may not be impressed with Europe's latest rescue of Spanish banks, because the bailout will increase the liabilities of the Spanish government by up to €100 billion.
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Obama tells Congress, Europe to get in gear
In a news conference, President Obama capped a tough political week by blaming Congress (again) for failing to pass his jobs plan and urging Europe to address its financial crisis.
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Merkel says Europe ready to act as big downgrade hits Spain
Fitch slashes Spain's credit rating three notches to BBB. Germany and the rest of EU are ready to use instruments to support euro zone, Merkel says.
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The Vote Spain's empty townhouses and Obama's reelection bid: what's the link?
Sightseeing in Spain reveals just how down in the dumps the economy is there. If the rest of Europe doesn't come to the rescue, a debt crisis in Spain could move like a tsunami across the Atlantic, possibly engulfing the US economy – and sinking Obama's reelection bid.
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EU calls for "banking union" to fight debt crisis
The European Commission proposed Wednesday that such a body should oversee banks directly, sidestepping national governments.
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Repsol 'almost certain' to end offshore oil drilling in Cuba
Spanish oil company Repsol announced its potential withdrawal from exploration in Cuba, after spending close to $150 million on a dry well. What does this mean for Cuba?
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Despite oil prices, falling euro, Dow closes up slightly
Oil prices fell, the euro sank to a 22-month low, and the yield on the U.S. government's 10-year Treasury note fell near a historic low. But the Dow Jones industrial average edged up 125 points to close at 12580 as investors continue to hope for a Chinese growth spurt.
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Stock market opens higher on hope for China
Stock market opened higher Tuesday amid optimism that China will take action to reverse the recent slowdown in its economic growth. Rising home prices also gave the stock market a boost.
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Spain's Indignados: The 'original' Occupy reemerges with force
One year after it burst onto the scene, Spain's youthful protest movement has inspired similar efforts globally – and is being embraced by older crowds. But will it shape policymaking?
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Chapter & Verse Jackie Kennedy, Susan Sontag, and Angela Davis: their Paris years
Jackie Kennedy, Susan Sontag, and Angela Davis may not have much else in common. But they'll always have Paris.
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Germany frets, markets falter over French and Greek election results
In Germany, the results of yesterday's elections are seen as a refusal to follow the austerity plan hammered out by European leaders in long, painful negotiations.
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French candidate Hollande's projected win could change eurozone's course
French presidential frontrunner Francois Hollande, of the Socialist Party, could prompt major changes to the German-led austerity model, which much of Europe is already rising up against.
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One hot French presidential debate: genial tortoise vs. mud-slinging hare (+video)
Three-quarters of France is expected to tune in tonight to the sole debate between François Holland and President Nicolas Sarkozy, who is in danger of becoming the first incumbent to lose since 1981.
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May Day: Around the world, anger and fear
Continuing economic turmoil around the globe gave this year's May Day rallies an undertone of angry class conflict.
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King Juan Carlos: unprecedented apology speaks to royals' changed image (+video)
King Juan Carlos apologized for taking a lavish hunting vacation amid sharp austerity cuts. Recent scandals have tested popular faith in the monarchy, seen as a unifier in post-Franco Spain.
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The next Venezuela? Argentina to nationalize oil company
President Kirchner's plan to nationalize the Spanish-controlled oil company, YPF, is raising fears of more expropriations of privately run companies and has set off a furor in Spain.
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Casino mogul Adelson pressures Spain to bend rules for EuroVegas
American casino mogul Sheldon Adelson's EuroVegas project could bring Spain much-needed investment, but the deal comes with demands for unappealing legal and financial exemptions.
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Spain leader vows hard line as hundreds of thousands protest austerity
Fed-up Spaniards took to the streets in a national strike Thursday, as Prime Minister Mariano Rajoy struggled against waning political support for his unpopular economic policies.
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Sarkozy shines after France attacks, but voters appear unswayed
President Sarkozy got credit for deft handling of the deadly attacks on a Jewish school and French soldiers. But polls indicate the public has other concerns ahead of April elections.
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Global News Blog 'The Cubist's Cubist:' Juan Gris honored with Google doodle (+video)
On the 125th anniversary of his birth, Spanish artist Juan Gris is honored with a Cubist Google doodle.
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Europe to Germany: your eurocrisis 'answers' don't work for us
As prosperous Germany reshapes Europe's fiscal operating system to fit the German doctrine of austerity, questions and warnings are on the rise.
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Anonymous hacker group claims to bring down Vatican website
The Vatican spokesman, the Rev. Federico Lombardi, confirmed the attack but declined to comment on its possible source. He said he didn't know how long it would take the Vatican's technicians to bring the site back up.
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EU leaders sign treaty to enforce fiscal discipline as Spain rebels
Spain told European Union leaders as they gathered to sign a fiscal treaty that it couldn't meet the deficit targets set by the EU for the upcoming year.
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Latin America: Where the world's jobs are
Lauded for its economic stability and entrepreneurial opportunities, interns and career changers alike are looking to Latin America to launch their careers.
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