Spain

Jordan's king to visit Spain, Latin American states

Jordan's king to visit Spain, Latin American states Amman - King Abdullah II of Jordan is to visit Spain and a number of Latin American countries starting October 18, the royal court announced Wednesday.

The monarch, who will be accompanied by Queen Rania, will visit Chile, Argentina, Brazil, Costa Rica, Honduras and Cuba.

Global association: Birds, amphibians susceptible to climate change

Spain debates the extent of Franco's human rights abusesBarcelona, Spain  - Thirty-five per cent of the world's birds are likely to be particularly susceptible to climate change, which could accelerate the extinction of threatened species, the International Union for Conservation of Nature (IUCN) warned Wednesday.

Spain's fund to shore up banks will raise public debt

http://topnews.in/files/spain-financial-account.jpgMadrid  - Spain's new fund to shore up banks facing the international financial crisis will raise public debt by up to 2.8 percentage points to a maximum of 41.6 per cent of gross domestic product (GDP) in 2009, officials said Wednesday.

Prime Minister Jose Luis Rodriguez Zapatero on Tuesday announced the creation of a government fund of 30 billion euros (41 billion dollars) to buy assets from banks and to thus support lending to companies and individuals.

Volvo XC60 in European showrooms by November

VolvoValencia, Spain  - The new Volvo XC60 crossover model is ready for European showrooms by November 2008 with the basic model to sell at 33,900 euros (49,416 dollars), the Swedish car maker announced at a presentation in Spain.

First unveiled as a concept at the Detroit Motor Show in 2006, the XC60 is lauded by the manufacturer as "the safest Sports Utility Vehicle (SUV) in the world".

It features six airbags, electronic stability programme (ESP) and the so-called City-Safety-System.

Spain raises deposit guarantees to 100,000 euros

Euro CurrencyMadrid - Spain will increase its guarantees for bank deposits from 20,000 to 100,000 euros (27,000 to 137,000 dollars) per account holder and bank, Prime Minister Jose Luis Rodriguez Zapatero announced Tuesday.

Zapatero also announced the creation of a government fund of 30 billion euros to guarantee liquidity to the financial system through the purchase of "maximum quality" and "non-toxic" assets from banks.

Spanair loses 52 million euros after Madrid air crash

SpanairMadrid - The Spanish airline Spanair has lost 51.7 million euros (70 million dollars) in ticket since after its MD-82 jetliner crashed in Madrid on August 20, killing 154 people, its mother
-carrier SAS said Tuesday.

Spanair transported 680,000 passengers in September, 25.4 per cent less than during the same month in 2007. Demand went down 20.8 per cent.

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