Tag: Europe

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As Spain's economy struggles, some jobless Spaniards turning to the country life

With Spain's economy still struggling amid bank uncertainty and persistent unemployment, some young Spaniards are giving up the city life in hopes of reconnecting with their roots. They're moving out to the country and taking up agricultural pursuits....
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Markets rise and fall as effects of weekend Greek elections begin to be felt

Greek voters went to the polls on Sunday and, relatively narrowly, backed a political party in favor of the Greek bailout. And while markets initially greeted that news with optimism and rallied upwards, fresh concerns, this time over Spain, dragged them back down by midday....
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Scientist discover evidence of Neanderthals being responsible for early cave paintings

No one has given the Neanderthals much credit for being intelligent and creative. In fact, they've always been thought of as humans' younger, dumber cousins. But new evidence suggests they may have been more creative than once thought....
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Greek tourism dries up as uncertainty over economic future continues

Greece is usually an extremely popular tourism destination. In fact, it's often one of the most popular for people in Europe. But the current economic crisis has tourists staying away, and that's just further damaging the Greek economy....
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Problems still serious as Spain's banks try to stabilize with European bailout funds

Spain's banks got a badly needed injection of recapitalization over the weekend when a trio of international lenders agreed to loan them funds to get on firmer footing. But while Spain insists this isn't a Greece-style bailout, the lenders are already moving to monitor how and on what Spain is spending their money....
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Foreigners drawn to Detroit, witness to a city's fall and attempt to rise again

Detroit's struggled in the latest economic downturn, first with the collapse of the American auto industry and then with budget crises and other struggles that have laid the city low. But, for some reason, perhaps its European roots, many foreigners are coming to the city to watch it return to life....
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Ubiquitous Maggi seasoning reminds people the world over of home

Maggi seasoning is popular among American immigrants of all kinds of nationalities -- and they all think of it as coming from home. But, in reality, few American immigrants are from the actual home of Maggi seasoning. But, for some reason, it still reminds each of them of where they've come from....
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Norway's oil and gas boom leaves other European economies lagging behind

Most countries in Europe are worried sick about debt, bailouts and unemployment, but Norway recently decided to cut spending in order to avoid too much growth. The smart management of Norway's oil and gas industry is bringing spectacular wealth to the country's small fishing towns....
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Signs of progress in a Spanish town's drive to get U.S. to finish cleaning decades-old nuclear bomb accident

Some 50 years ago, four American nuclear bombs were lost when the bomb carrying them exploded and lost its cargo into the Spanish countryside. Though there was no nuclear explosion, some of the plutonium in the bombs was spread across the town and surrounding area. Most of it was cleaned up, but not all of it....
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Queen's Diamond Jubilee a sign of the evolution, rise of the British monarchy

After enduring years of scandal and declining public respect, the British monarchy is once-more at the top of its popularity. That will be on display this week with the Queen's Diamond Jubilee celebration, marking 60 years since she took the throne....
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