Economy

Catalonia is all ready to announce independence from Spain

Catalonia is all ready to announce independence from Spain”

Ratings agency S&P late on Wednesday put Catalonia's ratings on "credit watch negative" on an escalation of the political conflict.

Catalonia's president, Carles Puigdemont has accused Spain's King Felipe of being a government mouthpiece and "deliberately ignoring millions of Catalans".

Spain's government on Wednesday rejected calls by the leader of Catalonia for mediation over the region's demands for independence which have sparked a violent political crisis.

"The government will not negotiate over anything illegal and will not accept blackmail", the statement said.

When it comes to the future of the effort to achieve statehood for Catalonia, "the October 1 referendum was a watershed moment", she said.

Catalonia could declare independence as soon as Monday, when a special parliamentary session is set to convene to discuss the plan for secession.

According to Catalan officials, more than 2.2 million people voted on Sunday and that almost 90 per cent of them backed independence.

For example, some of Mr Rajoy's clearest backing has come from French President Emmanuel Macron, whose country has faced low-level breakaway sentiment from Corsica and the Basque Country, which straddles both south-west France and north-west Spain.

Catalonia's parliament was planning to declare independence on Monday, after a banned referendum marred by violence last weekend. "What is happening in Catalonia and Spain is like an 18 year old son who wants to leave home, he feels he is not treated in a realistic fashion and so you speak to him or he leaves", Pique said.

The Spanish government must also decide its next steps.

Independence supporters are expected to march in silence later Thursday towards the military barracks used by Spanish police in protest at their presence.

"There have been 57 referenda on independence in recent decades in Europe, including in the Baltic states and the former Yugoslavia, and in many of those votes, which led to the birth of independent nations, the parent country opposed the referendum", she noted.

In a rare televised message aired on Tuesday night, King Felipe VI condemned pro-independence politicians in Catalonia for damaging national unity and called on the state to restore the "constitutional order and normal functioning of institutions".



Like this

Latest


06 October 2017
Raptors sign combo guard Norman Powell to a four-year contract extension
The deal, which starts with the 2018-19 season, includes a player option on the fourth year, league sources said. Miles for minutes at small forward while also filling in for DeMar DeRozan at the two, from time to time.

06 October 2017
Charles Schwab Corp (SCHW) Shares Bought by Glen Harbor Capital Management LLC
Equities research analysts forecast that Charles Schwab Corp will post $1.63 earnings per share for the current fiscal year. Atria Investments LLC increased its holdings in shares of The Charles Schwab Corporation by 0.4% in the second quarter.

06 October 2017
Fitbit Inc (FIT) EVP Sells $34450.00 in Stock
Finally, ValuEngine raised Fitbit from a "strong sell" rating to a "sell" rating in a research report on Friday, September 15th. BidaskClub downgraded Fitbit from a "sell" rating to a "strong sell" rating in a research report on Tuesday, August 1st.

06 October 2017
Netflix is raising its subscription prices
The basic plan, which only lets users watch on one screen at a time and doesn't offer HD, will remain the same price at $7.99. If you are in the US and subscribe to Netflix, you're going to have to pay slightly more each month to keep the same service.

06 October 2017
Facebook bringing $1-billion data center to Virginia
HCA Virginia's Henrico Doctors' Hospital this week announced the opening of its new Neonatal Intensive Care Unit. Centers in Fort Worth, Texas; Los Lunas, New Mexico; and New Albany, Ohio are now under construction.

06 October 2017
Watching the Tape Move for Cineworld Group Plc (CINE.L)
California Pub Employees Retirement Sys holds 0% of its portfolio in Lattice Semiconductor Corp (NASDAQ:LSCC) for 250,800 shares. The Firm focused on providing physicians with services and products for the treatment of gastrointestinal diseases.

06 October 2017
Navient Corporation (NAVI) Hits New 12-Month Low on Analyst Downgrade
If you are tempted to buy a stock because the p/e ratio appears attractive, do your research and discover the reasons. The stock of Navient Corp (NASDAQ: NAVI ) has "Outperform" rating given on Friday, September 8 by Credit Suisse.

06 October 2017
Is 58 too low for Notre Dame vs
If the Tar Heels can find a way to recruit at the highest level, they'll have the answer to avoiding seasons like this one. The staff finishes the show by talking about the big picture importance of this game before giving their predictions.

06 October 2017
Can you watch Blade Runner (1982) on Netflix?
Depending on which version of the original you subscribe to, Deckard may be a replicant, or he may not. Villeneuve quite rightly would prefer that you know nothing about the plot before seeing his film .

06 October 2017
Maine Teacher Indicted on Charges of Having Sex With Student
Specifically, the teen claimed that Lamontagne performed oral sex on him, which led to "other stuff", the order also indicated. A day after the attempted overdose, the boy told his aunt about the sexual contact between him and his former teacher.



Recommended