News
WSJ | Spaniards Feel Sting of Big Budget Cuts
When Spain's government announced €65 billion ($79.7 billion) in planned budget cuts on Wednesday, it didn't take long for local Mazda salesman Sergio Junquera to feel the impact.
Bloomberg | Spanish Banks’ ECB Loans Leap to Record Amid Bailout: Economy
Spanish lenders’ net borrowings from the European Central Bank jumped to a record 337 billion euros ($411 billion) in June as the European bailout agreement failed to ease their access to funding.
FOX News | US government records $904.2B deficit through June
The U.S. budget deficit grew by nearly $60 billion in June, remaining on track to exceed $1 trillion for the fourth straight year.
