Tag Archive: Bailout


Politics, Legislation and Economy News

Economic News  /  World News  :    Activism – Global Economy- Fiscal Irresponsibility – Excessive Use Of Force – Police Brutality – Blow Back

Published on Sep 25              , 2012 by

http://blog.alexanderhiggins.com/2012/09/25/police-viciously-beating-peaceful…

Use link above for live updates and to watch 4 streams live Police in Spain viciously beat protestors in Spain demonstrating against harsh austerity cuts to pay for banker bailouts.

Live updates at link.

As Spain teeters on the brink of civil war with the Military threatening treason as the Catalonia is set to hold a vote to secede from Spain thousands of protestors have hit the streets surrounding the Spanish parliament to protest harsh austerity measures.

https://twitter.com/kr3at

Those protestors were fired upon with rubber bullets and tear gas and now are being viciously beaten for their protests against the bank bailouts as clearly can be seen on the live stream of three feeds embedded below.

Don’t be surprised if these protests aren’t even mentioned on your television news as such widespread demonstrations across Europe routinely face corporate media blackouts.

Republished upon request in English via http://www.youtube.com/user/FalseAmelie

Spanish Police Fire On #25s Protestors Inside Subway

Published on Sep 25, 2012 by

Watch live: http://blog.alexanderhiggins.com/2012/09/25/police-viciously-beating-peaceful…

Live updates: http://twitter.com/kr3at

Translation of original Spanish:
The riot losing the north and down to the platforms of Atocha firing rubber bullets and clubbing people endangering those of us around. If someone falls to the tracks the same goes something serious.
In the video it looks like someone who was stuck next to a guy in a wheelchair.
In short, Spain .

Los antidisturbios perdiendo el norte y bajando a los andenes de Atocha a disparar pelotas de goma y aporrear a la gente poniendo en peligro a los que estábamos alrededor. Si alguien cae a las vías lo mismo pasa algo grave.
En el vídeo se ve como pegan a alguien que estaba al lado de un chico en silla de ruedas.
En fin, España…

Video Creative Commons:
Original Spanish Version http://www.youtube.com/watch?v=XatZ2g_ox0M&feature=youtu.be

 

 

Thousands Surround Spanish Parliament in Bid to “Occupy Congress” and Stop Austerity

 

Thousands of people surrounded the Spanish Parliament in Madrid on Tuesday to protest austerity measures and the loss of public confidence in elected leaders. The “Occupy Congress” protest came as the conservative administration of Prime Minister Mariano Rajoy prepares to unveil further austerity measures on Thursday. After hours of protest, police in riot gear charged against demonstrators with batons and fired rubber bullets. Thirty-five people were arrested, and at least 60 people were injured. We go to Madrid to speak with independent journalist Maria Carrion. [includes rush transcript]

Guests:

Voices From Spain’s “Occupy Congress” Protest, interviewed by Brandon Jourdan and Carlos Delclos.

Maria Carrion, independent freelance journalist based in Madrid.

 

Rush Transcript

 

 

About these ads

Spain house prices fall at steepest rate on record

MADRID

(Reuters) – Spanish house prices fell at the sharpest pace since current records began in the first quarter, data showed on Thursday, deepening a property market slump and serving up more bad news for the country’s battered banks.

Prices dropped 12.6 percent year on year, national statistics institute INE said. The fall was the biggest since the data series began in 2007, easily beating the previous trough of 7.7 percent in the second quarter of 2009.

Spain’s banks were left high and dry after a housing boom collapsed four years ago, saddled with billions of euros in bad debts related to the property sector, while sky-high unemployment has driven a sharp climb in unpaid loan rates.

The government said last weekend it will borrow up to 100 billion euros from Europe to help recapitalize the lenders, though many economists believe the aid will not be enough to avert a full sovereign bailout.

With the banks struggling to stay afloat, loans for anyone wishing to buy a new home are declining rapidly, with mortgage lending suffering its largest fall in over six years in February.

In a report earlier this month, the International Monetary Fund (IMF) said Spanish house prices could drop by almost 20 percent this year under an adverse scenario.

(Reporting by Paul Day; Editing by Fiona Ortiz, John Stonestreet)

 

 

Follow

Get every new post delivered to your Inbox.

Join 828 other followers