Spain

  • July 20, 2012  

    In other news Friday, Spaniards gathered in 80 Spanish cities to protest austerity measures. Also, the U.S. Treasury Department warns benchmarks for global interest rates are still flawed. This announcement comes three weeks after Barclays Bank admitted to falsifying 2007 and 2008 information on borrowing costs. Continue reading

  • July 13, 2012  

    In other news Friday, China’s roaring economic growth hit a three-year low in the year’s second quarter. Also, a popular dissident blogger in Ethiopia was sentenced to 18 years in prison. Continue reading

  • July 11, 2012  

    In other news Wednesday, the city of San Bernardino joined the ranks of California cities heading for bankruptcy court. The city council voted Tuesday night to take the step in an effort to cope with a $45 million budget hole. Also, the government of Spain approved a new round of tough austerity measures. Continue reading

  • July 10, 2012  

    In other news Tuesday, Spain will get its first bailout payment of more than $36 billion before the end of the month. In early trading on Wall Street, stocks moved higher, but gains were erased by falling oil prices. Continue reading

  • June 11, 2012  

    After Spain’s economy minister formally asked for aid to bail out the fourth-largest economy in the eurozone, the 17-nation body approved a loan of up to $125 billion. But early optimism was overwhelmed by worries that the bailout might not be enough. Judy Woodruff reports. Continue reading

  • June 11, 2012  

    As Spain secured up to $125 billion from the eurozone to bolster its ailing banks, early optimism was overshadowed by worries that the amount might not be enough. Judy Woodruff discusses the bailout with Douglas Rediker of the New America Foundation and Jacob Kirkegaard of the Peterson Institute for International Economics. Continue reading

  • June 8, 2012   BY Paul Solman  

    Bank of Spain in Madrid. Photo by Dominique Faget/AFP/Getty Images. It’s “Pain in Spain” week here at Making Sen$e. Thus far we’ve featured a two-part dispatch from former New York Times correspondent Ana Westley. Today, her husband takes center stage. … Continue reading

  • June 8, 2012  

    European leaders must stabilize their financial system to create a stronger eurozone, President Obama said Friday, urging them to act on the growing debt crisis. Jeffrey Brown, economist Nariman Behravesh and Drew Greenblatt of Marlin Steel Wire Products discuss how Europe’s economic troubles might affect U.S. economic growth. Continue reading

  • June 7, 2012   BY Paul Solman  

    Church of Our Lady of Incarnation in Spain. Photo by SantiMB via Flickr Creative Commons. In the second part of her dispatch from Spain, former New York Times correspondent and friend of Making Sen$e, Ana Westley describes the privileges of … Continue reading

  • June 6, 2012   BY Paul Solman  

    People take part in a protest in front of a BBVA bank office in Barcelona. Photo by Josep Lago AFP/Getty Images This week here at Making Sen$e, we’ll be featuring dispatches from Europe’s financial front lines – mainly and plainly, … Continue reading