Pages

2012/06/10

Europe bailout of Spain could cost $125 billion - The Washington Times

The Washington Times Online Edition  

Sunday, June 10, 2012

Today's Top Stories

Spain's Economy Minister Luis de Guindos gestures during a news conference at the Ministry of Economy and Competitiveness in Madrid, Spain, Saturday, June 9, 2012. Spain will ask for a bailout for banks felled by bad real estate loans, in an about-face that European officials welcomed Saturday and said could cost up to euro100 billion ($125 billlion). A rescue for Spain will be Europe's fourth since the single currency bloc's debt crisis erupted two years ago. (AP Photo/Andres Kudacki)

Europe bailout of Spain could cost $125 billion

Europe is to offer Spain a bailout package of up to €100 billion ($125 billion) to help rescue the country's banks and keep the 17-country eurozone from breaking apart.


TWT Poll: Rubio top conservative pick for Romney's running mate

Florida Sen. Marco Rubio emerged as the clear first choice of conservative activists as a running mate for GOP presidential nominee Mitt Romney this fall, beating out his nearest rival by a margin of 2-to-1, according to a Washington Times-sponsored poll of more than 500 attendees of the Conservative Political Action Committee (CPAC) gathering in Chicago on Friday.

Sharapova wins French Open, earns career Grand Slam

Sidelined in 2008 by a right shoulder that needed surgery, putting her tennis future suddenly in doubt, Maria Sharapova decided to use the free time to study a new language, the one spoken at the only Grand Slam tournament she had yet to win.

Holder taps two federal prosecutors to investigate leaks

Attorney General Eric H. Holder Jr. late Friday afternoon appointed two U.S. attorneys to lead separate investigations into unauthorized leaks of classified information, giving the two prosecutors full latitude to follow all potential leads within the executive and legislative branches of government.

Union Rags surges late to win Belmont Stakes thriller

When I'll Have Another retreated from the winner's circle Saturday afternoon, a retired champion, he left the spotlight for another horse later in the evening.

Karzai: U.S. failed to consult Afghans on airstrike

Afghan President Hamid Karzai said Saturday that the United States failed to consult Afghan forces when calling in an airstrike that killed 18 civilians, and he warned that in the future his government will consider such actions as violating the country's pact with Washington.

Report: China plans manned space launch this month

China will launch three astronauts this month to dock with an orbiting experimental module, and the crew might include its first female space traveler, a government news agency said Saturday.

U.S., Pakistan beginning to look more like enemies

You know a friendship has gone sour when you start making mean jokes about your friend in front of his most bitter nemesis.

Police report: Megachurch pastor Creflo Dollar choked daughter

A police report says a teenage daughter of Atlanta-area megachurch pastor Creflo Dollar told authorities her father choked and punched her after an argument.

8 civilians, 7 U.N. peacekeepers dead in Ivory Coast

Ivorian government forces will launch a military operation to hunt down the men responsible for an ambush that killed at least seven peacekeepers in an unprecedented attack on U.N. forces in the country. Officials said Saturday that at least eight civilians also were killed in the area.

Activist groups jab Obama, Romney on economy

Separated at rival conferences by 1,000 miles and a world of political ideology, liberal and conservative activists are finding themselves united by a deep disappointment with the nation's economy.

I'll Have Another injured, will miss Belmont

The world was primed to see I'll Have Another turn the corner at Belmont Park on Saturday evening with the Triple Crown on the line. But as the other horses in the Belmont Stakes make that run, the colt who captured the Kentucky Derby and Preakness Stakes will not be with them.

Europe bailout of Spain could cost $125 billion

Europe is to offer Spain a bailout package of up to €100 billion ($125 billion) to help rescue the country's banks and keep the 17-country eurozone from breaking apart.

Obama, Aquino hail growing U.S.-Philippine alliance

The United States and the Philippines said Friday they are expanding intelligence sharing and cooperation on maritime security, as President Obama reiterated Washington's desire to be viewed as a Pacific power.

Obama pushes Congress to help states hire teachers

President Obama wants Congress to help states rehire teachers and act on a key part of last year's jobs bill.

Commentary

SOON: Bad science behind Florida mercury phobia

On May 24, the Environmental Assessment and Restoration Division of Florida's Department of Environmental Protection (FDEP) issued a draft report proposing much stricter limits for mercury in Florida's river, stream, lake and coastal waters.

HANDRAHAN: Eric Holder's sizzling summer

What a week it was in Washington. Summer heat has not yet hit, but steam already is rising from Republicans on the Hill as they express outrage over U.S. Attorney General Eric H. Holder Jr.'s conduct.

KNIGHT: Classless warfare fails in Wisconsin

Wouldn't it be awful if an important election hinged on some fat cats outspending the opposition? That was the liberals' excuse for the failure of Democratic Milwaukee Mayor Tom Barrett to unseat Republican Wisconsin Gov. Scott Walker in Tuesday's recall election.

EDITORIAL: Getting burned by biofuels

When individuals attempt to solve a problem and end up creating unforeseen troubles, it's called the law of unintended consequences. When government does it, it's called the law of the land.

EDITORIAL: Enough schoolboy excuses

If speed cameras were truly dedicated to the noble cause of saving lives, the people who run the programs would operate in an above-board fashion. They don't.

Other Recent Articles

 

Most Read Stories

  1. NAPOLITANO: Big Brother's all-seeing eye
  2. EDITORIAL: Getting burned by biofuels
  3. McCain rejects Holder's leak probe, calls for outside counsel
  4. Sharapova wins French Open, earns career Grand Slam
  5. SOON: Bad science behind Florida mercury phobia
  6. Obama's week goes from bad to worse
  7. Europe bailout of Spain could cost $125 billion
  8. U.S., Pakistan beginning to look more like enemies
  9. EDITORIAL: Obama, the leaker in chief
  10. Ethics stiff-arms House Dems' demands in Waters case

Latest from WT Communities

Independent Social Contributors

Ringside Seat

World's Best-Selling Book

Culinary Quest

SeeTalkGrow: The New Entertainment Industry

No comments:

Post a Comment

Keep a civil tongue.