
Market Buzz: Spanish debts cast gloom over markets
Russian stocks are likely to prove sensitive to the uncertain global background, burdened by Spanish debt worries and Asia`s weak performance.

Russian stocks are likely to prove sensitive to the uncertain global background, burdened by Spanish debt worries and Asia`s weak performance.

Cyprus, Ukraine, Venezuela, and Spain are among 10 countries, which are most likely to default on their debt in the near future, according to research by the Markit financial information agency.

"Security Council resolution 1874 bans Pyongyang from conducting any launch, either for military or civilian purposes, using ballistic missile technology," the Ministry pointed out in a statement. "We expect that a diplomatic and political solution will be found for this complicated situation."

His 10-month-old twins, Moroccan and Monroe, with wife Mariah Carey, are already so clever they know how to disable the household mechanisms designed to keep them safe.

The 35-year-old Boyzone star had been trying to salvage his 14-year-union with wife Yvonne, 37, following his 2010 affair with backing dancer Francine Cornell.

Russia has called for a joint international effort to fight the very real threat of nuclear terrorism in the world. The statement is part of a memorandum released at the Seoul Nuclear Security Summit.

The New Edition singer was stopped by police in Los Angeles this afternoon (26.03.12) for allegedly driving while talking on his phone and then failed a sobriety test, but it is unclear what substance officers believe the troubled star had taken before getting behind the wheel.

Israel has reacted furiously to the UN Human Rights Council`s vote to send a team to probe Israeli settlement activity in the West Bank. The council has urged Tel Aviv to reverse its policy in the region.

Ukraine says that it will buy gas from Germany, if Russia doesn`t reduce prices in its long-term contracts. Experts say this may be a ploy to get a discount on gas, which is unlikely to work.

The International Monetery Fund has approved a four-year, 28 billion-euro bailout for Greece, part of a bigger rescue package which is hoped to save the country from a possible default that had been predicted for the end of March.

The Grand Mufti of Saudi Arabia has said that all churches in the Arabian Peninsula must be destroyed. The statement prompted anger and dismay from Christians throughout the Middle East.

Eurozone finance ministers have reached a deal for a second 130-billion-euro bailout for crisis-stricken Greece. The country`s debt will also be lowered by private holders who agreed to face value loss of 53.5 per cent on their bonds.

Decades-record colds that are freezing out Europe have brought far more serious consequences to Ukraine, where the harshest winter in recent history has claimed lives of 122 people, who died of hypothermia in the last fortnight alone.

Violence in Syria is inching closer to Damascus, with tension rising as army defectors close in on the capital. In the past two weeks, defectors from Syria`s army have become more visible, seizing several suburbs on the eastern edge of Damascus.

Russia will not bargain with the West over the fresh draft resolution on Syria, says Russia`s deputy foreign minister. The draft in its current form ignores the Russian position and therefore, has no chance of being accepted, Gennady Gatilov said.

Following the period of mourning for the late leader Kim Jong-Il, North Korean authorities have reportedly begun to punish citizens who did not display enough sadness at his death.

It has been three years since Gaza was pounded by a relentless Israeli bombing and invasion that lasted 22 days. The offensive killed almost 1,500 Palestinians, with many families being wiped out. For many, the battle has now shifted to the courts.

The European Central Bank has cut its key interest rate by a quarter percentage point to 1% to help the eurozone economy out of its debt pit.

The so called "Merkozy" diet plan for Eurozone states does not seem to be appreciated by the entire union which is why the only positive step made so far at the EU summit is to increase supporting funds and apply strict fiscal restrictions to the 17.

All UK`s diplomatic ties with Iran have been ruptured after Britain pulled out all its staff from its embassy in Tehran and set a 48-hour deadline for Iranian diplomats to leave the UK. Britain`s allies in the EU are joining the move.

Turkey has imposed tough economic sanctions on its former ally, Syria. In response to the ongoing violence there, Ankara has frozen officials` assets, suspended financial dealings with the country, and banned all military sales.

Despite the huge amount of aid Pakistan gets from the US, the relations between the troubled allies are plunging into deeper crisis. An expert told RT that the Pakistani people would be better off if the US was not subsidizing the Pakistani military.

With over 33 people already confirmed dead and about 1,500 injured during Egypt`s revolution 2.0, the toll is expected to rise as the police have started using live ammunition on protesters. RT▓s Paula Slier is in the eye of the Tahrir storm.

The West continues to increase pressure on Tehran over its suspected nuclear program. But will the latest set of sanctions help it reach its goals? Some experts believe the measures will only fuel nationalistic feelings in Iran and boost the regime.

The middle-class in America is shriveling at an unthinkable rate, as a new study pulling from US Census data reveals that more families are finding themselves among the very poor or very rich.