Moody's Threatens Spain Downgrade - WSJ.com

Moody's Threatens Spain Downgrade - WSJ.com: "Moody's Investors Service warned Wednesday it may downgrade Spanish government debt, citing the country's refinancing needs next year and the strain of recapitalizing its debt-strapped banks.
The ratings company put on review for possible downgrade the Aa1 local and foreign-currency ratings on the debt of the Spanish government and the government-guaranteed Fund for Orderly Bank Restructuring (FROB) bank-bailout fund. The move hurt the recently steady euro by highlighting concerns over the spread of the European debt crisis from peripheral countries like Greece to bigger nations closer to the euro-zone core.
Moody's said a downgrade could be triggered by 'Spain's vulnerability to funding stress given its high refinancing needs in 2011,' a problem that 'has recently been amplified by fragile market confidence.'"

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American Club of the Costa del Sol celebrate Thanksgiving | Olive Press Newspaper | News Spain

American Club of the Costa del Sol celebrate Thanksgiving Olive Press Newspaper News Spain: "PUTTING to bed any rumours of discontent in the ranks of the American Club of the Costa del Sol, over 150 members and guests gathered to celebrate Thanksgiving in style.
Following a difficult year for the Marbella chapter, which saw some members form a break-away club, the remaining majority still joined in the festivities which included a traditional meal of turkey with all the trimmings.
And the club, which was formed 36 years ago, also took the opportunity to present founding member Dorothy Kravitz with the Dr Paul Castelle Award for her outstanding contribution to the club."

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More suspects revealed in Malaya investigation

More suspects revealed in Malaya investigation: "It’s been revealed by the EFE news agency that four former employees of El Monte, the Seville savings bank which now forms part of Cajasol, have been charged in the Malaya case and are to appear in court next Monday. The suspects have not been named, but they are understood to have been employed in management positions at El Monte."

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Andalucia airports operated all flights were scheduled, both take-off and landing

Ya hay normalidad en todos los aeropuertos de Andalucía - abcdesevilla.es: "Andalucia airports operated all flights were scheduled, both take-off and landing, until seven o'clock Sunday evening after the Sabbath Spanish airspace reopened after the massive cuts in air traffic controllers.
San Pablo Airport in Seville until seven in the evening had operated 61 flights out of 105 planned.
Civil Protection reported yesterday to Spanish Airports and Air Navigation (AENA) to the local police in Seville by the failure to file a claim form from the Junta de Andalucia at the airport and San Pablo, lacking AENA of the document in which intended to express the 'precarious' situation that happened in the early hours of yesterday a group of Saharawi children, two of whom are sick, having to sleep on a cardboard. Rafael Gálvez Head of Civil Protection Moclinejo (Málaga), which cover on their way to these children in poor health, have ensured that even one of them is 'newly operated.'"

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Briton held for alleged sexual attack in Marbella | Costa del Sol | News | The Largest English Language Newspapers in Spain

Euro Weekly News | Briton held for alleged sexual attack in Marbella | Costa del Sol | News | The Largest English Language Newspapers in Spain: "BRITISH man who works in public relations in Marbella has been arrested accused of sexually assaulting a client. The 27-year-old detainee met his client in his place of work, and later shared two drinks with her and invited her back to his home.
Once in his home the man allegedly grabbed the victim by the neck and hair and forced her to have sex with him. The victim was also of British nationality.
After leaving his house the victim contacted a friend and told her what had happened. The victim then went to the police and filed a report and also went to hospital. Investigations to arrest the British man began in October."

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