Against a backdrop of violent street protests this week, Spain moved to reassure markets and pull itself out of the red. Lauren Frayer reports that in the past week, the country has announced a huge cut to government spending and auditors have revealed how much aid Spanish banks will need.
Once the sustenance of humble fishermen, the famous Marseille fish stew has become one pricey dish. It involves a two-part meal, starting with a basic broth made from shellfish and small fish, and incorporating four to six high-quality larger fish, plus exotic seasonings.
The government is set to present a new austerity budget Monday to its troika of lenders. Greeks, meanwhile, are getting desperate in the fifth year of a deep recession. Some struggle to make ends meet for their families, and others rally in protest against the cuts.
The once high-flying politician faces wide-ranging criminal charges involving murder, bribery and sex. It's the latest development in what is the country's most sensational political scandal in many years.
Talk of a Tomato War is simmering, after the U.S. Commerce Department recommended ending an agreement on how fresh tomatoes grown in Mexico are sold in the United States. The issue could create an expanding trade conflict; Mexican officials have promised to retaliate.
Large sums of Iranian currency come into western Afghanistan every day and are exchanged for dollars, and then shipped back to Iran. There may be international sanctions against Iran, but in Afghan provinces that border the Islamic Republic, trade and money laundering are thriving.
There may be international sanctions against Iran, but not in Afghanistan's border provinces with the Islamic Republic where trade and money-laundering are thriving. Every day, millions in Iranian currency are brought in by taxis ferrying passengers. The Iranian money is exchanged for dollars, which are then shipped back to Iran. American officials recently ordered the Afghan banks to crack down on this phenomenon and it appears to be having some effect. But Afghan money changers claim the money-laundering will never stop unless border guards stop accepting bribes and letting the Iranians in.
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