June 7, 2012 |
Fitch Ratings cut Spain's long-term issuer rating three notches to BBB from A, putting it two levels above junk. The ratings agency also set a negative outlook for the struggling country, citing worries about contagion from Greece and doubts about the Spanish government's ability to take strong action to shore up its banks without international support, given its “high level of foreign indebtedness.” The banking sector could require 60...
April 11, 2010 |
Virgin Vacations has a "Barcelona at Its Best" package with flight and hotel for six nights starting from $1,111 per person from LAX, including tax. The price is $799 per person if you fly from New York. The deal: The offer is based on double occupancy. Barcelona is not the only European city included in the sale. Virgin Vacations has an assortment of packages priced low for last-minute travel in April to Prague, Czech Republic; Madrid; Dublin, Ireland; Paris; and other destinations.
July 29, 2013 |
MADRID - Spain's prime minister and prince were among the somber throngs who crowded in and around Santiago de Compostela's soaring ochre cathedral for a memorial Mass on Monday for the 79 people killed in a train derailment last week. The cathedral is famous for welcoming thousands of pilgrims who every year hike an ancient footpath across northern Spain known as the Way of St. James. On Monday night, it welcomed thousands of mourners instead. The train derailed just outside the city on Wednesday, the eve of the region's biggest celebration, the Festival of St. James, honoring Santiago's patron saint.
March 2, 1991
I read with amused chagrin Stanley Meisler's Feb. 12 article "Soaps Sending Spain Down Drain?" He writes that Spain's intellectuals are complaining that their country's addiction to "low-brow" soap operas produced in Latin American countries are reducing their people to a 10-year-old's mentality. Perhaps this is Latin America's ultimate revenge for the early Spaniards destroying the rich (and often advanced) culture of that region. The surviving natives fled and hid; denied both their culture and schooling, they become -- as one person in the article arrogantly put it -- "the illiterate and miserable population that lives below the level of material and spiritual subsistence."
December 12, 2011 |
Pedal to vineyards and medieval towns in northern Spain on a seven-day bicycle tour of La Rioja. The rural countryside, villages and castles in the foothills of the Pyrenees are the stars of this trip, which features easy hikes and five to 30 miles a day on a bike (easy to slightly difficult terrain). The trip begins and ends in Pamplona and stops at Puente La Reina, a winery in Olite, to sample Spanish wines, the castle and town of Ujue, Calahorra, a church in Laguardia, Santo Domingo de la Calzada, the hill town of Ezcaray and more.
February 16, 2014 |
MEXICO CITY -- Two Basque separatists believed to be part of a terrorist cell that killed 18 people in several attacks in Spain were arrested Sunday in the Mexican resort city of Puerto Vallarta, a joint operation with Spanish and Mexican authorities, the Spanish Interior Ministry said. Juan Jesus Narvaez Goñi and Itziar Alberdi Uranga are suspected of belonging to the separatist group Euskadi Ta Askatasuna, or ETA, and had been fugitives...
July 11, 2011 |
Spanish surgeons said Monday that they had performed the world's first double-leg transplant, giving an accident victim two new legs. Experts said it will be a month at least before the team will know if the procedure was a success. If the legs should be rejected, however, that will probably happen almost immediately, they said. The still-unidentified patient lost both legs above the knee in an accident. An earlier attempt to fit him with two artificial legs failed because the patient did not have enough of his own legs remaining to use the prostheses successfully.
June 8, 2012 |
Stocks edged lower on Wall Street after investors heard no hints of further Federal Reserve actions in Chairman Ben Bernanke's testimony before Congress. Europe's debt crisis continued to rattle financial markets. The Financial Times reported Spain could request a bank bailout Saturday from the European Union. The Dow Jones industrial average was down 44 points, or 0.4%, to 12,417 shortly after the opening bell. The broader Standard & Poor's 500 index was down 5 points, or 0.3%, to 1,311.
July 26, 2013 |
LONDON -- The driver of the train that derailed in northwest Spain, which killed or injured more than 200 people, has been formally detained and will be questioned by authorities, Spanish police said Friday. Francisco Jose Garzon Amo is in the hospital recovering from injuries sustained in the wreck, said Jaime Iglesias, head of Spain's National Police in the region of Galicia. Once doctors give the go-ahead, investigators are expected to quiz Garzon Amo about the circumstances surrounding the accident, Iglesias told reporters.
June 8, 2012 |
Spanish officials are likely to follow those in Greece, Portugal and Ireland in asking for an international bailout when they participate in a conference call with representatives of fellow Eurozone countries Saturday, according to news reports. But there probably won't be any specific rescue plan for the country's besieged banking sector, according to the Guardian . On Thursday, Spain's credit worthiness was slashed to near-junk status by Fitch, which said the cost of a bailout would be as much as 100 billion euros.