In Spain, the possibility that nearly 50 years of terrorism may be over is causing shockwaves. Politicians of all stripes are claiming credit for the apparent demise of the Basque terrorist group known as ETA. The World's Gerry Hadden reports.
A series of forest fires continue to blaze in the mountains outside Madrid forcing thousands to flee their homes and creating a political firestorm. Firefighters say that budget cuts have made their job next to impossible.
There's a burgeoning Spanish population in Germany and they're not going for the change in climate. As Spain's unemployment rate hovers around 23 percent, Germany's 4 percent rate is luring many of Spain's most educated to jobs outside their native land.
If America defaults on its debt this week, it won't be the first economic superpower to do so. Imperial Spain was a chronic defaulter in the 16th and 17th centuries, and this helped lead to its downfall.