Skip to main content

Home/ Springhill Care Group/ Group items tagged Catalonia

Rss Feed Group items tagged

Springhill Care

Spain Borrowing Costs Ease, Catalonia Unhappy - 0 views

  •  
    Springhill Care Group - Spain's borrowing costs on its 10-year government bonds fell to the lowest level since January on Thursday. At its latest debt auction raised 4.8 billion euros and saw strong demand from investors for the bonds maturing in three and 10 years' time. Madrid has been able to more easily sell its bonds at lower rates of interest since the European Central Bank announced its bond-buying plan. Trader Ignacio Blanco with Bankinter said: "Over the last month and a half bond interest rates are down more than two percent, since Draghi spoke at the end of July. There was strong demand in the days before the auction and today too. They were buying bonds before, they continued to buy today, and the initial operations after the auction were good." Many analysts have warned Spain's borrowing costs could skyrocket to unsustainable levels unless Rajoy asks for an international bailout, at which point the ECB would start buying Spanish bonds. The country's economic crisis is exposing deep fault lines with the wealthy, but heavily indebted, region of Catalonia calling for tax breaks. Catalonia, which is in northeastern Spain, generates one fifth of the country's economic output and is home to 16 percent of Spaniards. More than half of Catalans say they want a separate state, and hundreds of thousands marched in Barcelona last week - the biggest such show of separatist fervor. The upsurge in Catalan separatism is founded on a conviction that Madrid is draining the region financially. The central government collects most taxation payments then redistributes them to Spain's 17 self-governing regions, which run their own schools and hospitals. Each year Catalans say they pay 16 billion euros more in taxes than the regional government spends. The region's debts have made the Madrid government's task of balancing the budget more difficult. Rajoy has threatened to intervene in regions that cannot control their budgets. Catalonia is lik
Boris Dwight

Springhill Group Florida - Home Care - 0 views

  •  
    The decision of US to let the blind human rights activist Chen Guangcheng return into China's fold following his escape from authorities is straining ties between the two countries as diplomatic dialogues opened in Beijing. The 40-year old Chen who is now considered a dissident became an international human rights inspiration to many Chinese after earning the ire of the local government for exposing forced abortions in line with the country's one-child policy. The self-taught lawyer took to the US embassy after his escape, apparently to ask for help but was eventually ushered into the Beijing Hospital. According to a senior official's statement to Springhill Care Group, Chen has indeed went into the embassy that day and has requested for medical treatment for his injured foot. American medical personnel have then conducted medical tests and made appropriate treatment during the time he was there. Immediately after the incident, the Chinese government has expressed its disapproval about the entire affair, demanding an apology from the US for taking Chen in. "What the U.S. side should do now is neither to continue misleading the public and making every excuse to shift responsibility and conceal its wrongdoing, nor to interfere in the domestic affairs of China," said Chinese Foreign Ministry spokesman Liu Weimin. This incident came just when the US Secretary of State Hilary Clinton is visiting Beijing in a meeting with Chinese officials on security and trade talks. And although no one mentioned Chen's name, it is evident in their statements that the incident is on the spotlight as the 2 nations struggle to maintain common ground. Clinton said in her opening statement, "The United States believes that no state can legitimately deny the universal rights that belong to every human being - or punish those who exercise them. A China that protects the rights of all its citizens will be a stronger, more prosperous partner for the United State
  •  
    "Springhill Care Group - Spain's borrowing costs on its 10-year government bonds fell to the lowest level since January on Thursday. At its latest debt auction raised 4.8 billion euros and saw strong demand from investors for the bonds maturing in three and 10 years' time. Madrid has been able to more easily sell its bonds at lower rates of interest since the European Central Bank announced its bond-buying plan. Trader Ignacio Blanco with Bankinter said: "Over the last month and a half bond interest rates are down more than two percent, since Draghi spoke at the end of July. There was strong demand in the days before the auction and today too. They were buying bonds before, they continued to buy today, and the initial operations after the auction were good." Many analysts have warned Spain's borrowing costs could skyrocket to unsustainable levels unless Rajoy asks for an international bailout, at which point the ECB would start buying Spanish bonds. The country's economic crisis is exposing deep fault lines with the wealthy, but heavily indebted, region of Catalonia calling for tax breaks. Catalonia, which is in northeastern Spain, generates one fifth of the country's economic output and is home to 16 percent of Spaniards. More than half of Catalans say they want a separate state, and hundreds of thousands marched in Barcelona last week - the biggest such show of separatist fervor. The upsurge in Catalan separatism is founded on a conviction that Madrid is draining the region financially. The central government collects most taxation payments then redistributes them to Spain's 17 self-governing regions, which run their own schools and hospitals. Each year Catalans say they pay 16 billion euros more in taxes than the regional government spends. The region's debts have made the Madrid government's task of balancing the budget more difficult. Rajoy has threatened to intervene in regions that cannot control their budgets. Catalonia is li
1 - 2 of 2
Showing 20 items per page