Friday 18th May, 2012

• Spanish banks' debt ratings cut amid recession

  West Australian

  AFP ©

  A customer is seen using a Bankia ATM machine, on May 17, in Madrid. Shares in Bankia, taken over by the state because of its troubled loans, plunged after a report that clients ...

• Moody's downgrades 16 Spanish banks

  RTE

  Ratings agency Moody's has cut the ratings of 16 Spanish banks by between one and three notches. The agency cited "renewed recession, the ongoing real-estate crisis and persistent high ...

• Global markets in turmoil as Greece, Spain & US worries hit sentiment

  Times of India

  Markets across the globe on Friday tumbled amid signs of growing instability among Spanish banks and political turmoil in Greece, with investors adding the latest ...

• Southside faces Spanish Fort for 5A state championship

  Gadsden Times

  Southside coach Blake Bone and the Panthers go after the school's second Class 5A state championship beginning today at Patterson Field in Montgomery. (Photo by Dave Hyatt | Gadsden Times | ...

• Spanish king's 'mistress' appears on front cover of Vanity Fair

  Independent.ie

  Spain's royal family are facing fresh embarrassment with the publication of details of the controversial elephant hunting trip taken by King Juan Carlos last month and the mysterious role of ...

• Embattled Spain tries to calm fears of run on deposits at bank

  Independent.ie

  Moody's downgrades four regions as reports say €1bn taken from bailed-out Bankia THE flames of the eurozone crisis leapt higher yesterday, as fears spread about the state of the ...

• Asia shares plunge on worries over Spain banks

  Times of India

  TOKYO: Asian shares tumbled on Friday and were set for their worst weekly showing since September, amid signs of growing instability among Spanish banks and political turmoil in Greece, with ...

• Spain beset by bank crisis, bond pressure

  IOL

  Spain’s borrowing costs shot up at a bond auction yesterday, after economic data confirmed the country is back in recession and reports of an outflow of deposits from nationalised Bankia ...

• Spanish bank woes send dollar sliding

  The Daily Telegraph

  THE Australian dollar has fallen to its lowest level in almost six months as fears of a worsening European debt crisis hit global stock ...

• Asia Markets: Asia stocks tumble as Spain joins list of fears

  CBS Marketwatch

  "It's really bad," said Ben Kwong, chief operating officer at KGI Asia referring to Friday's market action. "I think we're seeing these losses as the euro continues to ...

• Europe rocked by Spanish banking crisis

  Belfast Telegraph

  The flames of the eurozone crisis leapt higher yesterday, as fears spread about the state of the Continent's most vulnerable banks. Shares in the Spanish lender, Bankia, plummeted 30 per ...

• Spain probes baby abductions

  CBS News

  (CBS News) ALICANTE, Spain - A scandal involving stolen babies has re-opened a dark chapter in Spain's history. Many of the alleged cases happened in the 1970s and 80s, when new mothers were ...

• Daughter of Sitar Legend Fuses Indian Songs With Spanish Rhythms

  VOA

  WASHINGTON - Sitar virtuoso Anoushka Shankar, daughter of the renowned Indian sitar player and composer Ravi Shankar, explores the unlikely pairing of the rapturous songs of India and the fervid ...

• Aust bonds up as Spanish banks take hit

  West Australian

  Australian bond futures have risen to new record highs as Europe's debt crisis took a turn for the worse as the focus shifted to Spain's troubled banks.RBC Capital fixed income strategist ...

• Greece readies for polls as euro crisis hits Spain

  ABC Australia

  Greece The euro crisis spread to Spain overnight as Greece swore in a crisis government and British prime minister David Cameron called for decisive action on the uncertainty.The interim ...

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