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Spain: The Next Wave Of The Financial Crisis Arrives

The Spanish crisis, last week’s German vote, talk of a possible withholding of funds for Greece, and now the downgrading of the credit outlook for Europe’s strongest economies, point to a worsening of the financial crisis, a reduction in support for the euro, and a global economy increasing at risk.
Spain Protests

World's Reaction to Spanish Crisis: Screw Them!

The financial and fiscal crisis in Spain entered a new and dangerous phase Tuesday as economic, political, civic and diplomatic links appeared to quickly disintegrate in the face of panic-stricken markets.
Batman the Dark Knight Rises

‘The Dark Knight Rises’ And The Debate Over PG-13

Last week's Batman massacre, allegedly carried out by a 24-year-old aspiring scientist who dyed his hair orange and called himself The Joker, has rekindled old arguments over the effects of violent movies on children.
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Crude Oil Futures Gain After China Data

Crude oil futures advanced Tuesday as fears over a sharp growth slowdown in the world’s second largest economy slightly eased after a report showed that Chinese factory activity in July grew at its fastest pace in five months.
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Moody's Downgrades German, Dutch Credit Outlooks

Germany, the Netherlands and Luxembourg had the outlooks for their Aaa credit ratings lowered to negative Monday by Moody's Investors Service, which cited “rising uncertainty about Europe’s debt crisis.
Spain

Spain's Stock Market Drops To Lowest Level In Nearly 10 Yrs

Spain's stock market plunged Monday to its lowest level in nearly 10 years on growing doubts that the nation can avoid defaulting on its massive debts without an external rescue. The government also instituted a three-month ban on short-selling all securities.
Traders work on the floor of the New York Stock Exchange

Euro Zone Woes Drag Down US Stock Futures

U.S. stock index futures point to a lower opening Monday as investor confidence became weak following concerns about the deepening debt crisis condition in the euro zone.
A man looks at an electronic board displaying a fall in major market indices around the world outside a brokerage in Tokyo

Asian Markets Fall On Euro Zone Concerns

Asian markets fell Monday following the revival of the investor concerns about the deepening debt burden faced by the euro zone and worsening global economic growth.

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