Spain hit by rise in bad bank loans

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• Spain hit by rise in bad bank loans
• Facebook knuckles down after brief party
• Brazil stimulus fails to raise growth
• Obama ground forces braced for air war
• Osaka mayor has old guard running scared
• Moderate Islamist aims to heal Egypt’s rifts
• Alarm delay ‘critical’ says Concordia probe
• China jails leader of smuggling ring
• Jordan worries Syrian crisis could undermine stability

Spain hit by rise in bad bank loans Posted: 18 May 2012 08:14 AM PDT Value of bad loans held by banking sector increased a third during the past year to €148bn and accounted for 8.4% of their entire loan portfolios

Facebook knuckles down after brief party Posted: 18 May 2012 11:36 AM PDT The changes that have come with the group's transition to becoming a public company will be hard to ignore, as will the distraction of a share price that is likely to be highly volatile

Brazil stimulus fails to raise growth Posted: 18 May 2012 12:14 PM PDT Contraction makes Brazil's growth second slowest in Latin America and comes as Asia's major emerging markets, China and India, are also decelerating

Obama ground forces braced for air war Posted: 18 May 2012 10:35 AM PDT President's team says massive grassroots campaign will be needed to withstand bombardment of negative attack ads from Romney and super-Pacs

Osaka mayor has old guard running scared Posted: 18 May 2012 08:32 AM PDT The blunt nationalist, who has divided opinion, will have to get things done in his city if he is to retain the backing of Japanese voters

Moderate Islamist aims to heal Egypt’s rifts Posted: 18 May 2012 08:56 AM PDT Aboul Fotouh's critics, and even some supporters, say that by seeking to appeal to all the major constituencies he has failed to satisfy any of them

Alarm delay ‘critical’ says Concordia probe Posted: 18 May 2012 11:16 AM PDT Captain of giant cruise ship took more than an hour to alert the passengers after ship hit rocks off Italian island of Giglio

China jails leader of smuggling ring Posted: 18 May 2012 05:49 AM PDT China has jailed Lai Changxing, its most notorious fugitive, for life after finding him guilty of smuggling and bribing regional officials

Jordan worries Syrian crisis could undermine stability Posted: 18 May 2012 12:29 PM PDT Amman has pointedly refused to back either President Bashar al-Assad's regime or the rebels seeking its overthrow

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