Wall Street Journal Spain's Bailout: More Questions Than AnswersWall Street JournalBy SIMON NIXON Spain's request for a bailout for its banks represents yet another mixed success for the US in its two-year-long effort to press Europe to get on top of its debt crisis. Sudeep Reddy and Charles Forelle have details on The News Hub.Japan, [...]
AFP Stocks Take Late-Day Slide Amid Euro WorriesFox BusinessThe stocks taking the heaviest selling were found among the financial, materials, technology, consumer discretionary, industrial and energy sectors. Meanwhile, traditional defensive plays like utilities and telecommunications firms were spared the …US stocks sink after Spain rally fizzlesHerald SunColorado stocks: Ampio up 8%; Dow falls 142 pointsBizjournals.comUS [...]
CTV.ca Spain's Bailout Boost Quickly Turns to RoutWall Street JournalBy CHARLES FORELLE And DAVID ENRICH LONDON—Investors fled from Spanish government debt on Monday, an immediate rejection of the country's planned bank bailout by the constituency it most desperately needs to impress: the buyers of its own government …Euro crisis: It's still not overCNNMoneyGreeks seek better [...]
New Straits Times Sports in BriefWashington PostKINGSTON, Jamaica — Usain Bolt was involved in a minor car crash shortly before dawn Sunday in his Caribbean homeland of Jamaica but was not hurt, according to the publicist for the world's fastest man. Carole Beckford said the three-time Olympic …It's time for serious spectator sportsNew Straits TimesBolt [...]
Atlanta Journal Constitution Spain: Stocks Soar, Pressure on Bonds DownABC NewsSpanish stocks shot up Monday while its borrowing costs fell sharply as investors appeared relieved that Spain has secured a bailout for its banks. In line with healthy rises in stock exchanges across Europe, the Ibex-35 stock index was up 4 percent …Spain rescue sends [...]
CBS News Focus Shifts to Greece After Spain Secures Bank BailoutNew York TimesPARIS — The focus in the euro crisis was shifting Monday back to crucial Greek elections, as markets greeted Spain's financial sector bailout with relief. Greeks head to the polls on Sunday for a vote that will help to determine if the country [...]
Wall Street Journal The Worst Sports Weekend in HistoryWall Street JournalWhat, you were expecting tennis history? Turns out you'll have to wait at least another day—and who knows—maybe two. At the French Open on Sunday, Novak Djokovic and Rafael Nadal battled to a near draw when a persistent drizzle turned into a heavier …Rain Causing [...]
Los Angeles Times Bailout of Spanish banks should help US stocks and reassure bond investors …Washington PostA bailout of the crippled banks of Spain should relieve world financial markets and provide a lift for stocks in the United States, which have had a rocky six weeks because of investor concern about Europe. But any boost [...]
USA TODAY French Open final suspended until Monday; Nadal leadsUSA TODAYThe completion will be aired on NBC Sports Network. The forecast for Paris calls for intermittent rain Monday. It's the first time in 39 years the tournament won't end on a Sunday, when Ilie Nastase's victory over Nikki Pilic ended on Tuesday.Rain postpones conclusion of [...]
The Guardian How to save Spain's banks – and the eurozoneFinancial TimesBy Wolfgang Münchau If you want to know whether any set of proposals for a European banking union is sensible, you should ask the following simple question: will it render Spain's position in the eurozone sustainable? The Spanish government has …Bailout could backfire on [...]
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