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Spanish Retailer, Amancio Ortega, Replaces Warren Buffet as Third-Richest in the World

The founder, Amancio Ortega, of the popular Zara clothing chain that trades as Indetex SA (ITX) has replaced Warren Buffett as the third-richest person in the world. continue reading »

Record Number of Individuals and Businesses Declare Bankruptcy in Spain

A record 2,272 Spanish individuals and firms declared bankruptcy in the second quarter, up 28.6 percent from the same period in 2011, the National Statistics Institute, or INE, said Monday. continue reading »

Another Stumble for Spain’s King Juan Carlos (VIDEO)

King Juan Carlos of Spain took a nasty spill while reviewing the military troops in Madrid suffering a bump on the nose. continue reading »

Terrorist Suspects with Explosives Arrested in Spain, Planning Attack in Europe

Three suspected al-Qaeda members arrested in possession of explosives were planning an attack on European soil, the Spanish interior minister said Thursday. continue reading »

Tough Road Ahead for Spanish Film Industry

It is becoming increasingly evident that the Spanish film industry is in danger of sinking. Attendance at movies is at an all time low while funding has recently been cut in half, yet ticket prices continue to increase by 13 percent. continue reading »

Spain Gladly Welcomes 6 Million Tourists in June

Spain welcomed some 6 million foreign tourists in June, 4.7 percent more than during the same month last year and a situation arising from an increase in visitors from Britain and Germany. continue reading »

Spain’s Royals Take 7.1%  Paycut Amidst 4th Austerity Package and 24% Unemployment

Spain's King Juan Carlos decided to cut his salary and that of Crown Prince Felipe by 7.1 percent in line with government-mandated reductions in pay for civil servants, the royal household said Tuesday. The monarch's annual pre-tax income will fall by 20,910 euros ($25,543) and his son's remuneration is set to decline by half that amount. continue reading »

The Running of the Bulls San Fermin Festival Ends with No Gorings

The eighth and final running of the bulls of this year's San Fermin festival was one of the fastest and cleanest, ending in two minutes and 33 seconds with no apparent gorings. Six fighting bulls and an equal number of tame steers from the Torrehandilla-Torreherberos estate made their way quickly along the streets of this northern Spanish city Saturday, continue reading »

Emotional Julio Iglesias Sings Favorites in Barcelona

Julio Iglesias aimed directly at the hearts of his fans and found the target with an emotional concert in which he performed many of his greatest hits and encouraged Spaniards to trust in the country's ability to overcome its current economic woes. continue reading »

Spain’s Economic Minister Says Recession Expected to Worsen

Spain's economic recession is getting worse, and the economic figures from the second quarter point to a "slightly greater" decline of the gross domestic product than occurred in the first three months of the year, when it slipped by 0.30 percent, Economy Minister Luis de Guindos said Sunday. continue reading »

Gay Cruise Ship Banned in Casablanca Docks in Spain

The cruise ship Nieuw Amsterdam, on its present voyage catering to a gay clientele, docked Sunday in the southern Spanish port of Malaga after Moroccan authorities prohibited it from making its scheduled port of call in Casablanca. continue reading »

Nanny at Handicapped Childrens’ Shelter in Spain Admits to Killing 3

Graciela Baravran, the nanny implicated in the deaths of three children at a shelter for handicapped youngsters in central Spain, admitted her guilt on Monday and was sentenced to 45 years in prison. continue reading »

Ancient Cave Art Discovered in Spain Could Be From Neanderthals

Scientists believe cave paintings discovered in Spain could be the work of Neanderthals, our closest prehistoric relatives, who lived throughout Europe and Asia until about 30,000 years ago. "This currently is Europe’s oldest dated art, by at least 4,000 years,” says Alistair Pike of the University of Bristol in England. continue reading »

Mexico and Spain Feud Over Tourist Restrictions

The Mexican government will not impose restrictions on Spanish tourists in response to the measures Madrid has applied to Mexicans, Foreign Relations Secretary Patricia Espinosa said. continue reading »

Spanish Man Found Dead in Home 20 Years After Death

The body of a man was only recently found in the northwestern Spanish village of Canizal, though he may have been dead for up to 20 years. continue reading »

Amid Crisis Luis Maria Linde Named Spain’s New Central Bank Chief

Prime Minister Mariano Rajoy's government named a new governor of Spain's central bank on Thursday, entrusting him with overseeing the continued restructuring of the nation's troubled financial sector. continue reading »

Spanish Officials Deny Asking Germany for Bailout

The Spanish government denied on Sunday that any "pressure" is being exerted by German Finance Minister Wolfgang Schauble on Economy Minister Luis de Guindos to get Spain to ask the European financial stability fund for money to shore up the Spanish banking sector, while Berlin reiterated its confidence in the measures that Madrid is taking to deal with its fiscal woes. continue reading »

Four Spanish Children Amongst 19 Victims in Qatar Fire

Three of the four Spanish children killed in a fire Monday at a daycare center in a mall in Doha were the children of an executive of Spanish construction company OHL who works in Qatar, company spokesmen told Efe. continue reading »

Spain’s Teide Observatory -Europe’s Largest Solar Telescope- Inaugurated

Europe's largest solar telescope was inaugurated Monday at Teide Observatory on the Spanish island of Tenerife, from where it will help researchers observe and better understand the activities of the Sun and also those of the majority of stars in the universe. continue reading »

‘Cousin’ of Giant Panda Is a ‘Spaniard’

Spanish scientists from Spain’s National Museum of Natural Sciences and the University of Valencia have discovered a new ursid fossil species in the region of Zaragoza, Spain. continue reading »