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.
Facebook completes first drone flight above UK, Mark Zuckerberg confirms 2015-03-28 3:15
Solar powered drones which provide internet access to rural and remote areas have been trialled in UK for first time by Facebook.
They â€śhave a wingspan greater than a Boeing 737 but will weigh less than a carâ€ť, according to the social network's chief Mark Zuckerberg.
The drones, developed by Somerset-based company Ascenta which Facebook bought last March, will beam down laser-guided ...
British POW describes the horror of the bombing of Dresden 2015-03-28 0:33
Partial Transcript of Interview with Victor Gregg, WW2 British solder and POW:
Interviewer: "Tell us how it was that you were in Dresden at that time."
Victor Gregg: "It was evil....thousands of firebombs dropping all over the place, heat, fire, people screaming, people burning, people alight. After about half an hour it started developing into something that was really bad....It was ...
Rape of 285,000 German Women at the End of WWII Trigger Damage Control by Mainstream Media 2015-03-27 20:25
Is Exposing Allied War Crimes an honorable act? No, itâ€™s slandering heroes according to Daily Mail
A recent article from the Daily Mail that pretends to look at the post WWII crimes and rapes of the Allies against the German people is actually damage control. Itâ€™s really an attempt to divert away from the true horrors that was visited upon Germany ...
Minister of Migration attacked by asylum seeker with fire extinguisher 2015-03-27 2:12
Swedenâ€™s Minister of Justice & Migration also known as Morgan â€śonly 1%â€ť Johansson, has been attacked with a fire extinguisher when he visited an asylum home for future Swedes.
Regional newspaper, Kristiandstadsbladet reported that a man who had been living at the home for a couple of weeks grabbed a fire extinguisher and sprayed foam all over the minister who didnâ€™t ...