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Staggering Unemployment Projected for Greece and Spain

My God, look at Greece’s trajectory. That thing isn’t slowing down. Since April 2012, Greek youth unemployment has grown by about one percentage point a month. At that rate, it would pass 70 percent in early 2014.

It is suddenly not insane to imagine a youth unemployment rate of 70 percent in

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Spanish Rebel Against Eviction

Locksmiths and firemen in Spain are rebelling against a wave of evictions in the economic crisis by refusing to help bailiffs open ruined homeowners’ doors to throw them out.

“Families’ lives were being ruined and we were acting as executioners,” David Ormaechea, president of the Locksmiths Union, told AFP. “It was causing us tension

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U.S. Food Stamp Rolls Exceed Population of Spain

Food Stamps

Since taking office in 2009, food stamp rolls under President Barack Obama have risen to more than 47 million people in America, exceeding the population of Spain.

“Now is the time to act boldly and wisely – to not only revive this economy, but to build a new foundation for lasting prosperity,” More…

Massive Rioting in Madird

madrid-spain

I have been there an hour ago and explosions, smoke,people running and screaming, molotovs cocktails police and riots were occuring in Madrid center.

Some photos right here…

http://www.libertaddigital.com/multimedia/galerias/huelga-general-14n/

http://www.elmundo.es/

Over 140 people arrested, dozens injured in Spain as mass protests sweep across Europe

Over 140 people have been arrested and

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Spain Considers Ban on Photographing Police

Police protection or citizen censorship? Spain to ban photos and videos of cops

Cop in Granada Spain

 

Spain’s government is drafting a law that bans the photographing and filming of members of the police. The Interior Ministry assures they are not cracking down on freedom of expression, but protecting the lives of law

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Eurozone in Shambles

spains-troubled-basque-country-and-navarra-province-march-against-austerity-measures-today

People from Spain’s troubled Basque country and Navarra province march against austerity measures today.

Photos Of The Giant Protests Rocking Greece And Spain

Discontent in Spain and Greece is rising.

Greece’s two largest labor unions went on strike today, disrupting flight and train services and forcing hospitals to depend on

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Spanish Prime Minister Living Large in NYC as Spain Takes a Dive

Spanish Prime Minister Luxuriating with a cigar as his country (Spain) goes down the toilet.

Pictures of Spanish Prime Minister Mariano Rajoy enjoying a cigar on New York’s Sixth Avenue emerged today as his government put the final touches to a new round of tough austerity measures.

The conservative leader’s conspicuous taste for

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Super Angry Crowd Surrounds Spanish Congress

Skirmishes continue between protesters and riot police in Madrid, with cops firing rubber bullets and tear gas at the crowd. Fourteen people have been injured and 22 arrested, local media report. Riot Police belted protesters, dragging some them by the arms and legs, who had tried to get through police lines. An uneasy order was

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A World on the Edge of War

world-at-war

Here is a summary of where the world stands:

Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed Back from vacation, the once again penniless citizens of More…

Spanish Citizens Drawing Cash at Record Pace

Spanish consumers are pulling their cash out of banks at record levels, according to figures released on Tuesday.

Private sector deposits fell by nearly 5 percent in July to €1.509, the Telegraph reported, citing European Central Bank data, as public confidence in the banking system reached all-time lows amid a worsening economic situation.

The news

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U.K. Gone Wild on Internet Trolls

internet-troll

Police and prosecutors in the UK are accused of being “incredibly heavy-handed” when dealing with online trolls and abusive messages.

It follows several cases where young people have been arrested, fined or jailed after posting insulting comments on their Twitter and Facebook accounts.

Campaign groups and experts from Oxford University say the punishments are

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Spain: Million People Protest in 80 Cities

At least 15 people have been arrested and around 40 injured in central Madrid after police used force to disperse hundreds of thousands of angry protesters that flooded the streets in outrage against the country’s latest austerity package.

­Over a million public employees, trade union members and fed-up citizens have taken to the streets

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Spain: 25% Unemployment

In a week that Spain can’t wait to end, the country was just hit with the bad news bears Trifecta, starting with the Real Madrid loss, following with the second S&P downgrade of Spain’s credit rating for the year last night (or is that now SBBB+ain?), and concluding with economic data released this morning which

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Leaked Memo Sounds Like Blackmail

In a leaked letter sent to Spain’s outgoing President, the US ambassador to the country warned that as punishment for not passing a SOPA-style file-sharing site blocking law, Spain risked being put on a United States trade blacklist . Inclusion would have left Spain open to a range of “retaliatory options” but already the US

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