Spain

While Spanish Prime Minister-elect Mariano Rajoy was preparing for continued austerity in Spain, his Popular Party colleague, Former Spanish Prime Minister Jose Maria Aznar, was talking to Bloomberg Television about the outlook for his…

With the fundraiser week winding down, I am going to start making a few changes now. One thing we probably need is a synopsis of the past week’s posts in order to tie the week’s events together thematically. I will make this synopsis using…

BofA Clash With Fannie Mae Escalates Over Loan Buyback Stance - Bloomberg Bank of America Corp. (BAC) told Fannie Mae it refuses to cooperate with the U.S. mortgage firm's new stance on loan buybacks, setting the lender up for a…

News that the US super committee failed to reach an agreement has done little to eclipse the negative impulses coming from Europe. Rajoy won no honeymoon in Spain despite achieving an outright majority in parliament. Spain's 10-year bond…

The left-wing nationalists will return with force to the House of Representatives after 15 years of years of absence through the Amaiur coalition according to data from the first ballot count.

Alarm signals have been going off over the last week, not only due to the surge in the yields on Spanish and Italian debt but also due to evidence that the infection (contagion) is now spreading to what was previously considered to be the…

New governments in Greece and Italy have brought no real relief to the financial markets. There are forces in motion that are not about which personality or interest group is implementing the various austerity programs. Spain is…

Need to Create? Get a Constraint | Wired Science | Wired.com One of the many paradoxes of human creativity is that it seems to benefit from constraints. Although we imagine the imagination as requiring total freedom, the reality…

Spain Set to Vote for Rajoy Cuts as Crisis Claims Fifth Leader - Bloomberg Spaniards may hand the biggest majority in three decades to opposition People's Party leader Mariano Rajoy as polls suggest Europe's debt crisis will…

EuroStoxx 600 is off its lows but still down 0.4%, Asia shares mostly lower; dollar pares back gains. ECB backs a weekly limit of €20bln for SMP purchases; Malaysia reports robust Q3 growth. Looking at the four key drivers of dollar…