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RENT CRISIS SPAIN
87-year-old woman was forced out of her home on a stretcher. After protests erupted, she now has a chance to go back to her houseAfter living in the same Madrid apartment for 71 years, 87-year-old María del Carmen “Maricarmen” Abascal was evicted and taken away on a s...
The Year of Freak: How an Elon Musk’s SpaceX employee’s big bet on company stock became a $25,000-a-month adventure across Europe and beyond for a yearBrian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25,000 monthly on experiences and pe...
A physics graduate, a soccer player, a teen who couldn't swim: They died in the Ceuta migrant surgeDesperate Moroccans attempted to cross into Ceuta last month seeking better opportunities. Misinformation and poverty fueled this dangerous...
Europe’s housing crisis deepens as bedrooms go up for saleYoung Europeans are facing a severe housing crisis, with prices outpacing incomes. Startups are offering unconventional solutions like sell...
'Richard Gere effect': Madrid becomes luxury housing havenForeign buyers, particularly from South America, are driving demand for upscale apartments in prime districts, making Madrid a top global i...
How engine shortages sent almost-new Airbus jets to the scrapyardA global engine crisis is causing spare Pratt & Whitney GTF engines to skyrocket in price. This shortage has led to over a dozen almost-new...
In Spain, homelessness crisis unfolds in Madrid's airportHundreds of homeless individuals, like Teresa, are residing in Madrid's airport due to Spain's escalating housing crisis, marked by soaring...
Studying in Europe is not as fancy as it soundsEurope faces a growing student housing crisis, with a 3-million-bed shortage expected to worsen as student numbers rise. Top cities are har...
Spain is considering a 100% tax on homes bought by foreignersSpain introduces measures to address its housing crisis, including up to 100% tax on properties bought by non-EU citizens, and scrapping th...
'Golden visa' programs, once a boon, lose their lusterIn an effort to close huge budget deficits, six eurozone nations granted the visas in 2012, during the height of Europe's fiscal crisis. Sp...
Pope Francis calls for universal ban on surrogacy in global roundup of threats to peace and human dignity"I consider despicable the practice of so-called surrogate motherhood, which represents a grave violation of the dignity of the woman and t...
Five kinds of digital nomads and how the surge in remote working is pricing out local communities around the worldThe same survey also suggests that up to 72 million "armchair nomads" are considering becoming nomadic.
Southern Europe grapples with changing face of tourismAcross the region, the pandemic has changed the face of tourism. Hotels were already grappling with higher fuel bills and inflation which a...
In Spain, coronavirus puts the poor at the back of the lineLower income families around the world have often suffered most from the pandemic for several reasons: their jobs might expose them more to...
Virus pushes US unemployment toward highest since DepressionIn the hardest-hit corner of the U.S., evidence emerged that perhaps more than 2 million New Yorkers have been infected by the virus _ seve...
- Global financial reforms may have an impact on local banks
The global crisis is having a profound impact on strategy and policy towards the financial sector across the globe.
- Europe's top tourist destinations hit by economic crisis
Empty terrace tables at Parisian cafes. Fewer sunbathers scattered along Italian and Spanish beaches: The global economic crisis has cast a...
- Textile sector faces life or death struggle amid downturn
Economic meltdown in the major export markets has led to a substantial fall in foreign orders and could be the final nail in the coffin for...
- Spain's small businesses topple in crisis
Piu e Piu is among many small Spanish businesses squeezed between more cautious banks and cash-strapped customers who are increasingly turn...
- Santander to buy B&B savings as nationalisation looms
Spain's Santander said on Monday it will take over the retail deposits and branches of Bradford & Bingley for a reported 400 million pounds...