Violent protests in Madrid and growing talk of secession in Catalonia are piling pressure on Spanish Prime Minister Mariano Rajoy as he moves closer to asking Europe for rescue money. In public, Rajoy has been resisting calls from bankers at home and the leaders of France and Italy to move quickly to request assistance, but behind the scenes he is putting together the pieces to meet the stringent conditions for aid.
With protesters stepping up anti-austerity demonstrations, Rajoy presents painful economic reforms and a tough 2013 budget on Thursday, aiming to persuade euro zone partners and investors that Spain is doing its deficit-cutting homework despite a recession and 25 percent unemployment.
Figures released on Tuesday suggested Spain will miss its public deficit target of 6.3 percent of gross domestic product this year, and on Wednesday the central bank said the economy continued to contract sharply in the third quarter. By pre-empting reforms demanded by Brussels — such as creating an independent fiscal auditor — Rajoy hopes to sell them to voters as home-grown rather than imposed from outside.
Diplomats reported intense last-minute pressure on Madrid on Wednesday from key euro zone policymakers to take tougher measures, notably on freezing pensions. On Friday, Moody’s will publish its latest review of Spain’s credit rating, possibly downgrading the country’s debt to junk status. On the same day, an independent audit of Spain’s banks will reveal how much money Madrid will need from a 100 billion euro ($130 billion) aid package that Europe has already approved for the banks.
Slaves of Charleston - Beyond Wealth of Jewish South Carolina 2014 09 15
Founded in 1749 in downtown Charleston, South Carolina, the Beth Elohim Synagogue is one of the very earliest synagogues in America. While other synagogues and congregations are also now a part of Charleston city life, Beth Elohim Synagogue is the oldest one in the area and serves as the repository for certain historical artifacts of Jewish life in the city. ...
Martian meteorite yields more evidence of the possibility of life on Mars 2014 09 15
A tiny fragment of Martian meteorite 1.3 billion years old is helping to make the case for the possibility of life on Mars, say scientists.
The finding of a ‘cell-like’ structure, which investigators now know once held water, came about as a result of collaboration between scientists in the UK and Greece. Their findings are published in the latest edition ...
Swedish Surprise: Anti-Immigration Party Surges... 2014 09 15
Swedish prime minister Fredrik Reinfeldt
Sunday’s election in Sweden was supposed to be a cakewalk for the Left. The Drudge Report ran a piece yesterday from the Guardian entitled: “Free-market era in Sweden swept away as feminists and greens plot new path.” The paper, a left-wing British outlet, published the piece the day before the election; it proved to be, well, ...
UK School to fingerprint students to ‘monitor their diets’ 2014 09 15 STOURBRIDGE, England – A school is implementing a biometric system to better track what students are eating each day.
The Express & Star reports students at Redhill School in Stourbridge, England will be fingerprinted in an attempt to reduce lunch lines and “monitor pupils’ diets.”
The system requires pupils to press a finger against a machine which converts the print into ...
U.S. State Department Orders 160,000 Ebola Hazmat Suits 2014 09 15
The U.S. State Department has ordered 160,000 Hazmat suits for Ebola, prompting concerns that the federal government is anticipating the rapid spread of a virus that has already claimed an unprecedented number of lives.
In a press release posted by Market Watch, Lakeland Industries, a manufacturer of industrial protective clothing for first responders, announced that it had signaled its intention “to ...