May Day demonstrators protest in Paris, France, May 1, 2012 Tens of thousands of Europeans have held huge rallies and coordinated general strikes for May Day to protest against tough austerity measures and poor economic conditions. Workers across the world have taken to the streets to mark the International Workers Day, the annual May Day workers’ event held on May 1 – with demonstrators... 

A rally has been held to back Argentine president for her decision to expropriate 51 percent stake in energy company YPF from its controlling shareholder, Spain’s Repsol, Press TV reports. Ruling party top officials and lawmakers joined the rally on Friday at Velez soccer stadium in Buenos Aires, where demonstrators waved national flags. “When I announced I was sending this project to the congress,... 

View of the Senate Plenary Session, while voting on a presidential decree to allow the expropriation of YPF, in the Argentine capital, Buenos Aires, April 26, 2012 Argentina’s senate has endorsed a presidential decree to nationalize Spain-owned oil company YPF amid widespread domestic support for the plan. At the Wednesday session of the senate, legislators from both the ruling party and the... 

Real’s old (L) and new logo (R) Spanish football giants, Real Madrid, have decided to make changes to the club’s logo, getting rid of the cross, which was present on the emblem for nearly a century. ­The rebranding was needed in order to strengthen Real’s popularity among Muslim football lovers in Europe and the Middle East. The Spanish Marca newspaper is citing a source in the club’s... 

European stock markets have dropped sharply, wiping out gains from the day before, amid fears that the eurozone debt crisis is resurfacing. European stock markets ended lower on Tuesday, with the Spanish stock market the worst hit, as the IBEX 35 index shed 2.7 percent, AFP reported. In Milan, FTSE MIB index also traded over two percent lower and Frankfurt’s DAX and Paris’ CAC 40 slumped 1.05... 

Riot police took to the streets of Spain as protesters burned bins, vandalized shops and attacked officers during a one day nationwide general strike. Spaniards angry with having the eurozone’s highest unemployment rate refused to go to work in protest at further crushing austerity measures being brought in by the new center-right Popular Party government.  Read More »

Spanish workers hold an anti-austerity march in Madrid, March 23, 2012. Spanish workers in the industrial sector have staged a demonstration in Madrid to protest against the government’s tough austerity measures amid mounting fears of the country’s economic meltdown. The demonstrators staged a march in the capital on Friday to demand an end to the government’s cutbacks and labor reforms,... 

US Secretary of State Hillary Clinton The United States says it has exempted 11 nations including 10 European Union members and Japan from tough new sanctions on Iran as they have reduced oil purchase from Tehran. US Secretary of State Hillary Clinton said in a statement on Tuesday that the exemption covers financial institutions from 11 nations – Belgium, Britain, the Czech Republic, France,... 

The Spanish government’s debt has hit a record high as Madrid struggles to cut expenses and escape the eurozone debt crisis. According to data published by Bank of Spain on Friday the country’s debt reached 734.96 billion Euros (USD 960 billion) at the end of 2010. This is equivalent to 68.5 percent of Spain’s gross domestic product (GDP), while three months earlier Spain’s public debt... 

Britain’s deployment of nuclear weapons in response to Argentina’s peaceful efforts to resolve the Malvinas issue is a grave violation of Chapter 1 Article 2(4) of the UN Charter (which prohibits the threat of force), a new report says. According to the report, the Malvinas were terra nullius [no man’s land] when the French colonized the islands in the 18th century. They were then sold to... 

No danger: U.S astronomer Phil Plait has said we have nothing to fear from 2012 DA14... for now A 150-foot asteroid orbiting Earth called 2012 DA14 will pass so close to Earth it will fly UNDER man-made satellites orbiting our planet. Nasa’s Impact Risk report said that the odds of the space rock actually hitting our planet are very low indeed – but on February 15 next year it will pass... 

Thousands of Czech university students rally in central Prague on February 29, 2012. Massive demonstrations across Europe have taken issue with the austerity measures adopted by the European governments against economic adversity. The protests were held on Wednesday in the Czech Republic, France, Greece, Belgium, and Spain against government economic reforms aimed at dealing with the unprecedented... 

A self-made euro sign is attached to the tip of a christmas tree in front of the European Central Bank (ECB) in Frankfurt am Main, western Germany. European Commission has predicted that the eurozone currency bloc faces a deeper recession than previously anticipated, with a 0.3 percent contraction in its GDP now tipped for 2012. The commission previous forecast in November said the economic output... 

Protesters in Valencia on February 21, 2012. In the Spanish city of Valencia, hundreds of people gathered to protest against tough spending cuts imposed by the government and growing police violence. A day after police forces violently clashed with students protesting over spending cuts, peaceful protesters gathered outside the Instituto Lluis Vives, across the city’s main train station. On Monday,... 

Iran says it will cut oil exports to more EU countries if they continue their hostile policies. After halting oil flow to Britain and France, Iran threatens to stop oil sales to other European Union member states if the EU continues its hostile policies. Iran’s Deputy Oil Minister Ahmad Qalebani on Monday hinted at the possibility of a halt in oil exports to Spain, the Netherlands, Greece, Germany,...