Spain Borrowing Costs Rise as Moody’s Decision Looms - BusinessWeek

Spain Borrowing Costs Rise as Moody’s Decision Looms - BusinessWeek: "Spain auctioned 3 billion euros ($4 billion) of Treasury bills at rising borrowing costs as a decision by Moody’s Investors Service on lowering the country’s credit rating looms.Spain sold 1.17 billion euros of three-month bills at an average yield of 0.685 percent, compared with 0.624 percent at the last auction on Aug. 24. It sold 1.81 billion euros of six- month bills at a yield...

Holidaymakers spend greater in Spain this year

Holidaymakers spend greater in Spain this year: "TOURISTS have been spending greater and greater this summer in Spain, with August's figures showing the fourth consecutive month of increases. The average holidaymaker in Spain spent 975 euros, according to research, or a daily figure of 98 euros. And the largest spenders – chiefly because they represented the highest in number – were the British, who shelled out an average of 2.3 per cent greater...

middle-aged British man has been arrested in Spain on suspicion of a string of armed bank robberies across the Costa del Sol

The Press Association: Briton held over Spain bank raids: "middle-aged British man has been arrested in Spain on suspicion of a string of armed bank robberies across the Costa del Sol and elsewhere, police have said.The 49-year-old, who has not been named, is thought to be behind 15 hold-ups in the provinces of Malaga and Alicante, accompanied by a 31-year-old Russian woman.Spanish police believe the pair could have stolen about 115,000 euros (£98,345)...

hostelry sector in Spain remains concerned about the Government’s plans to toughen the anti-smoking legislation in the New Year

hostelry sector in Spain remains concerned about the Government’s plans to toughen the anti-smoking legislation in the New Year, and have now requested that closed rooms be made available for smokers, and that these rooms not be served by the establishments’ personnel.They say children would not be allowed in such smoking rooms, which would be no bigger than 30% of the establishment, and that the client would have to take his or her own drink there,...

Prosecutor in Sevilla has called for a four year jail term for three people who are accused of defrauding British investors

Prosecutor in Sevilla has called for a four year jail term for three people who are accused of defrauding British investors. They attracted money with the promise of large returns in the purchase of upcoming artists, although in the end the paintings or works were never seen, with the excuse always that they were being re-valued.The investors were initially sent a certificate which showed that they were the owners of the painting, and the promise...

UK landlord’s champion comes to the aid of expat Paul Shamplina, a leading and renowned UK tenant eviction expert and founder of Landlord Action

Paul Shamplina, a leading and renowned UK tenant eviction expert and founder of Landlord Action, has brought his services to Spain to help expat landlords protect themselves against rogue tenants.Working with the UK’s leading independent referencing agency, FCC Paragon, Paul formed Spanish based company Paragon Advance España. With offices in Malaga and Madrid, the company is offering security to landlords in the form of tenant referencing and a...

UPDATE: European Regulator Suspends Glaxo's Diabetes Drugs - WSJ.com

UPDATE: European Regulator Suspends Glaxo's Diabetes Drugs - WSJ.com: "The European Medicines Agency Thursday suspended marketing authorization for GlaxoSmithKline PLC's (GSK) controversial diabetes drug rosiglitazone because fresh data show the risks of taking the drug outweigh its benefits, and it said the medicines containing it will stop being available in Europe within the next few months. The EMA -- the decentralized European body responsible...

sentenced to five years in prison for hijacking a Spanish ship

Seven Somali men get prison sentences for piracy convictions - CNN.com: "Seven Somali men were convicted in a Kenyan court and sentenced to five years in prison for hijacking a Spanish ship, the European Union Naval Force Somalia said Friday.The hijacking occurred in May 2009 on a vessel in waters near the Gulf of Aden.A crew member on the vessel was able to call a warship for help, according to the naval force.The seven men were apprehended and...

Spain Accused Of Financing Terrorism

Algeria: Spain Accused Of Financing Terrorism: "French anti-terrorism officials warn of possible terror attacks in France, by North Africa based Islamic terrorists. France has sent reconnaissance aircraft and commandos to Niger to help find those who recently kidnapped uranium mine employees. The al Qaeda threat to the uranium operations there is a matter of great importance. Nuclear plants generate 80 percent of electricity in France, and the two...

BBC News - Bruegel painting revealed by restorers in Spain

BBC News - Bruegel painting revealed by restorers in Spain: "previously unknown painting by 16th Century master Pieter Bruegel the Elder has been revealed by picture restorers, the Prado museum in Madrid says.The painting, The Wine of St Martin's Day, shows about 100 people celebrating the first wine of the season.Before this find, there were just 40 signed Bruegels in existence.The museum is now negotiating to buy the painting from its owners at...

COURSE FOR GOLFERS WITH DISABILITIES | Costa del Sol | Leader - News, Sport, Advertising, Property, Classifieds - Costa Blanca, Costa del Sol, Costa Calida, Costa de Almeria, Spain

COURSE FOR GOLFERS WITH DISABILITIES | Costa del Sol | Leader - News, Sport, Advertising, Property, Classifieds - Costa Blanca, Costa del Sol, Costa Calida, Costa de Almeria, Sp...

Spain's burnt out 'babysitter grandparents' urged to strike | World news | The Guardian

Spain's burnt out 'babysitter grandparents' urged to strike | World news | The Guardian: "call has gone out for grandparents around Spain to down tools this Wednesday and go on strike – because they're sick to the teeth of all that childcare.For a country where half of all grandparents look after their grandchildren every day – one in eight for more than nine hours a day – the strike call threatens to disrupt the working lives of a significant proportion...

400-Year-Old Masterpiece Painting Discovered in Spain - Elizabeth Weingarten - Culture - The Atlantic

400-Year-Old Masterpiece Painting Discovered in Spain - Elizabeth Weingarten - Culture - The Atlantic: "team of experts at Madrid's Prado National Art Museum has identified Pieter Bruegel the Elder as the painter of a 400-year-old, previously unnamed masterpiece. The painting, called 'The Wine of St. Martin's Day,' is tempera on linen, and dates between 1565 and 1568. It illustrates a motley crowd attempting to get a sip of wine from the year's first...

Irregularities are alleged in the construction of 72 apartments on the site of the Sean Connery villa in Marbella

Irregularities are alleged in the construction of 72 apartments on the site of the Connery villa in MarbellaThe judge in Instruction Court 1 in Marbella has charged Juan Antonio Roca, the ex Municipal Real Estate Assessor in the town, for perversion of the course of justice, misuse of public funds, and land ordination irregularities in the so-called ‘Goldfinger’ case.This is the case investigating the alleged irregularities in the sale of the Sean...

Is Spain carrying out any sort of discrimination against foreigners, following the high number of complaints

The European Justice Commissioner, Viviane Reding, has said that the European Commission is ‘monitoring’ whether Spain is carrying out any sort of discrimination against foreigners, following the high number of complaints presented by the protest groups representing those whose homes are under threat of demolition, be they built in protected areas, or under the regulations of the 1988 Ley de Costas.Most of the people affected by the threatened demolitions...

Spain push for tax to help world's poor

France and Spain push for tax to help world's poor: "Spain called for a tax on global capitalism yesterday, telling the opening day of a UN summit on development the recession has made 'innovative financing' essential to help the world's poor. Nicolas Sarkozy, the French President, and Jose Luis Rodriguez Zapatero, the Spanish Prime Minister, spoke after Ban Ki-moon, the UN Secretary General, called on rich countries to 'not balance budgets on the...

Google sues alleged illegal sellers of prescription drugs - Computerworld

Google sues alleged illegal sellers of prescription drugs - Computerworld: "Google is at its wit's end dealing with illegal sellers of prescription drugs that market medicines on its ad network, so it has decided to take some of these allegedly rogue advertisers to court.In addition to pursuing the alleged violators, Google hopes that its action also serves as a deterrent against other illegal medicine peddlers, Google said on Tuesday.Google has...

The Associated Press: Buju Banton testifies in drug trial in Florida

The Associated Press: Buju Banton testifies in drug trial in Florida: "Jamaican reggae star Buju Banton says he talked a lot about drugs with a U.S. government informant, but that doesn't make him a drug dealer.Banton is on trial in Florida on charges of conspiracy to possess with intent to distribute more than five kilograms of cocaine and aiding and abetting two others in possessing a firearm during the course of distribution.The singer testified...

The Associated Press: Spain government inches closer to budget support

The Associated Press: Spain government inches closer to budget support: "Spain's government has reached a deal with a small opposition party that will help it pass a 2011 budget that is key to getting the deficit down, reassuring markets worried over the country's finances and its survival in power.The ruling Socialist party leads a minority government that relies on support from opposition parties on a case-by-case basis to get laws passed. The...

World Briefing - Europe - Spain - Rwandan Ex-General Sought - NYTimes.com

World Briefing - Europe - Spain - Rwandan Ex-General Sought - NYTimes.com: "Spain is seeking the extradition on genocide charges of a former Rwandan general who has been the target of two assassination plots while in exile in South Africa, authorities said Wednesday, but Rwanda said it should have priority in prosecuting him. A Spanish judge charged Gen. Faustin Kayumba Nyamwasa and 39 other members of the military in 2008 with the mass killings...

Costa del Sol Malaya corruption case in court | Olive Press Newspaper

Costa del Sol Malaya corruption case in court | Olive Press Newspaper: "The Malaya case – which dates back to March 2006 – is finally coming to court next week.Expected to take up to two years to complete, some 95 people stand accused in the dock.As well as Marbella’s real estate assessor, Juan Antonio Roca, there will also be two ex-Mayors of Marbella, Julián Muñoz and Marisol Yagüe.Roca and his cohorts are accused of accepting more than 33 million...

Maurice Boland steps down from Talk Radio Europe (TRE) Marbella. | Olive Press Newspaper

Maurice Boland steps down from Talk Radio Europe (TRE) Marbella. | Olive Press Newspaper: "“I am not concerned about the adult involved, that is a different thing, but I would ask you to respect the privacy of the youngster and the family.”He continued: “I need to talk to the family to see if they are prepared to talk to you. At the moment they are trying to come to terms with a difficult situation.”Despite reports, he insisted that the police had...

Spanish police early Tuesday arrested nine people

Spanish police early Tuesday arrested nine people for suspected links to the Basque separatist group ETA, the first such detentions since ETA declared a unilateral cease-fire earlier this month, an Interior Ministry spokesman told CNN.Spain's Interior Minister said last week that police would not ease up on ETA, blamed for more than 800 deaths in its fight for Basque independence, despite its cease-fire declaration on September 5.The government and...

Ricky Hatton was photographed in Marbella's Puerto Banus, Spain, when a horrified fan took the picture

British professional boxer Ricky Hatton was photographed looking bloated and sweaty as he struggled to stay upright while pals carried him from a bar after an all-day bender.Hatton, 31, was in Marbella's Puerto Banus, Spain, when a horrified fan took the picture."It was really sad to see. He was such a mess, sweating and hugely overweight," the Sun quoted the fan as saying."He was obviously wired on something. It might have been just booze but I...

UPDATE 2-MMC, Peugeot to make electric cars in Spain -Nikkei | Reuters

UPDATE 2-MMC, Peugeot to make electric cars in Spain -Nikkei | Reuters: "Japan's Mitsubishi Motors Corp (7211.T) and partner Peugeot SA (PEUP.PA) plan to build a compact electric vehicle at the French company's plant in Spain, the Nikkei business daily said on Tuesday.The two automakers will begin production of the vehicle by 2012 and target the European market, without output starting at a few thousand units a year and eventually climbing to 30,000-50,000...

Brazilian architect Niemeyer given Spanish award | ajc.com

Brazilian architect Niemeyer given Spanish award  | ajc.com: "Brazilian architect Oscar Niemeyer has received one of Spain's top awards for the arts. Niemeyer was given a medal for the Order of Arts and Letters award, created in 2008 to recognize people or institutions that help Spanish culture flourish.American singer Joan Baez received the award earlier this year.The 102-year-old Niemeyer was tabbed for the award last year, but due to his...

Marbella to use YouTube to promote region

Costa del villas - Marbella to use YouTube to promote region: "Marbella to launch YouTube channel to attract new holidaymakersMarbella town hall will use popular online video hub YouTube to promote itself as one of the most popular holiday resorts in Europe following the successful launch of the new website Marbella Exclusive.The concept behind the YouTube channel is to encourage holidaymakers to post videos taken of their time in Marbella and the...

Julio Iglesias - Julio Iglesias' Marital Focus - Contactmusic News

Julio Iglesias - Julio Iglesias' Marital Focus - Contactmusic News: "Julio Iglesias thinks his new wife Miranda Rijinsburger has made him more ambitious and focused on the future.Julio Iglesias' marriage has helped him to focus on the future.The 66-year-old singer - who tied the knot with partner of 20 years Miranda Rijinsburger last month- said the couple's intimate union in Marbella was the 'culmination of many years of love'.He said: 'It's the...

STALLONE, SNIPES, SCORSESE ADVISOR PLEADS GUILTY TO FRAUD - Hollywood Celebrity and Entertainment Daily News

STALLONE, SNIPES, SCORSESE ADVISOR PLEADS GUILTY TO FRAUD - Hollywood Celebrity and Entertainment Daily News: "financial adviser who was trusted by Sylvester Stallone, Wesley Snipes and Martin Scorsese to handle their financial investments pleaded guilty Friday to charges ranging from defrauding clients that included many elderly of perhaps $50 million.Well-known and respected Kenneth Starr (not the one with the Clinton impeachment), was charged...

era of the Costa del Crime being a safe haven for on-the-run criminals

You can run, but no longer hide! | Olive Press Newspaper: "era of the Costa del Crime being a safe haven for on-the-run criminals may well have come to an end.Despite the coastline still being Europe’s undoubted gateway for drugs, the old fashioned cliché that fugitives can easily blend in and settle into an uninterrupted life in the sun, no longer holds true.With the recent news of James Tomkins arrest in Puerto Banus after a four year man hunt,...

TV - News - 'X Factor' finalists 'warned over behaviour' - Digital Spy

TV - News - 'X Factor' finalists 'warned over behaviour' - Digital Spy: "finalists of The X Factor have reportedly been told to improve their behaviour or risk being thrown off the show.Bosses are introducing ten new rules to keep the singers in line, following a string of alcohol binges, fights and sex romps, according to the News of the World.Hopefuls are said to have already caused chaos at a hotel during Boot Camp and damaged a Marbella villa...

Shooting has started for the latest Bruce Willis action film on the Alicante coast.

Shooting has started for the latest Bruce Willis action film on the Alicante coast. The thriller has the title ‘The Cold Light of Day’ and also stars Henry Cavill from The Tudors, and Sigourney Weaver.It tells the story of an American whose family is kidnapped when on holiday in...

Simon Cowell’s luxury Marbella holiday villa has been trashed

Simon Cowell’s luxury Marbella holiday villa has been trashed by this years X-Factor hopefuls after twenty contestants enjoyed a wild party whilst staying in the Costa del Sol.The contestants are currently staying at Cowell’s luxury holiday home whilst they receive coaching as part of the hit ITV show. However it seems that the excitement was a bit too much for some to handle as they ran rampage drinking expensive champagne and damaging exclusive...