Spain to seek bailout if yields too high for too long

-





Spain to seek bailout if yields too high for too long



Spain's Prime Minister Mariano Rajoy addresses the 67th session of the United Nations General Assembly at UN headquarters in New YorkMADRID (Reuters) - Spain's Prime Minister Mariano Rajoy on Wednesday said he was ready to seek a new rescue package for his troubled country but only if its debt financing costs remain too high for too long. Investors have been jittery that Spain's apparent reluctance to seek a bailout - a condition for European Central Bank action to cut the country's borrowing costs - could propel the euro zone into even deeper trouble. ...









Popular posts from this blog

Saudi Arabia adopts measures to limit virus infection during Haj

-
Image
Saudi Arabia adopts measures to limit virus infection during Haj JEDDAH, Saudi Arabia (Reuters) - Saudi Arabia has taken precautions to prevent disease spreading among Muslim pilgrims next month after a Qatari man was infected with a virus related to the deadly SARS, a health ministry official said on Wednesday. The World Health Organisation put out a global alert on Sunday saying a new, previously unknown, virus had infected a 49-year-old Qatari man who had recently travelled to Saudi Arabia, where another man with an almost identical virus had already died. ... more info... Barnes & Noble takes aim at Amazon, Apple with HD Nook tablets NEW YORK (Reuters) - Barnes & Noble Inc took a shot at archrival Amazon.com on Wednesday, unveiling its own lighter and thinner hi-definition tablets that can accommodate multiple users in a bid to win a bigger share of the exploding tablet market. The largest U.S. bookstore chain introduced the new ...
Read more

Iran unveils long-range drone: state TV

-
Image
Iran unveils long-range drone: state TV DUBAI (Reuters) - Iran's Revolutionary Guards unveiled a home-built long-range drone capable of reaching most of the Middle East, including the Islamic state's arch-foe Israel, state television reported on Tuesday. The reconnaissance drone named Shahed 129 has a range of 2,000 km (1,240 miles) and is capable of carrying bombs and missiles, state television said. It gave no further details. Israel has threatened action against Iran's nuclear sites, raising speculation about a possible military strike ahead of the U.S. presidential election in November. Israel has criticized U.S. ... more info... Texans take over top spot in AP's power rankings The Houston Texans are the fourth team in as many weeks to sit at the top of the AP Pro32 power rankings. more info... Weitzman fundraising pits taps Young Hollywood When you are a hot young starlet in Hollywood, you o...
Read more

Police tap teen in theft of chef's Lamborghini

-
Image
Police tap teen in theft of chef's Lamborghini A celebrity chef's Lamborghini sports car has been recovered from a teenager's storage container a little more than a year after it was reported stolen from a San Francisco exotic car dealership. more info... Occupy movement's May Day turnout seen as test for its future NEW YORK (Reuters) - Occupy Wall Street vows a day of demonstrations in New York and across the United States on Tuesday, in a crucial test of its staying power some eight months after emerging as a movement against corporate greed and economic inequality. The "99 Percent" populist movement, which began as a 24-hour encampment in lower Manhattan last fall and spread to cities across the country, will join organized labor for a day of May 1 protests, in what it has called a "day without the 99 percent. ... more info...
Read more