The Independent We risk being shut out of financial markets, warns Spanish PM Mariano Rajoy | As Madrid's borrowing costs spiked to levels widely seen as unsustainable, Mariano Rajoy warned that there is a "a serious risk that [investors] will not lend us money or they will do so at an ... (photo: AP / Thierry Charlier) Financial Market Photos Spain Wikipedia: Mariano Rajoy The Times Of India Greece Crisis: IMF chief warns on expensive cost of Greek exit from euro Tweet ATHENS: IMF chief Christine Lagarde warned of "extremely expensive" consequences were Greece to leave the euro zone, a once taboo possibility that European leaders have begun to discuss openly a... (photo: AP / Lionel Cironneau) Economy European Union Greece Photos Wikipedia: Economy of Greece Top Stories Xinhua Investments up, stocks tumble in the Philippines | By Alito L. Malinao | MANILA, May 17 (Xinhua) -- The Philippine economy was marked by both positive and negative developments in the past few days, with a huge surge in... (photo: WN / Arturo Ubaub) Economy Investments Market Philippines Photos Wikipedia: Philippines Business Day SAA needs state cash to renew its fleet — Gigaba | South African Airways (SAA) needed to be recapitalised by the state to allow it to renew its fleet of aircraft and roll out its African aviation strategy, Public Enterp... (photo: Creative Commons / Kleinz1) Airlines Business Photos Transport Wikipedia: South African Airways BBC News Spain borrowing costs set to rise amid Greece fears Spain's borrowing costs look set to spike on Thursday when the country's treasury sells up to 2.5bn euros (£2bn; $3.2bn) of three- and four-year sovereign bond... (photo: WN / Rubielyn Bunag) Greece Market Photos Spain Wikipedia: European sovereign-debt crisis Canberra Times ECB move on Greek banks adds to woes | The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the eurozone rose as Athens c... (photo: European Community / EC) Banks Crisis EU Greek Photos Wikipedia: European Central Bank The Daily Telegraph David Cameron: it is 'make or break' for the euro David Cameron has warned eurozone leaders it is now “make or break” for the single currency as the financial turmoil threatens to cause another global meltdow... (photo: AP / Susan Walsh) Currency Eurozone Photos UK Wikipedia: European sovereign-debt crisis CNN European leaders scramble to contain Greek debt crisis By Chris Isidore @CNNMoneyInvest May 16, 2012: 12:16 PM ET0:00 / 04:49Merkel: We want Greece to stay in euro | NEW YORK (CNNMoney) -- Leaders across Europe rushed to try ... (photo: EC / EC) Debt EU Leaders Merkel Photos Wikipedia: Eurozone Wikipedia: Greek government-debt crisis Palm Beach Post US stock futures up, worries linger about Greece | NEW YORK — U.S. stock futures are edging higher on strong data from the housing sector, yet worries persist that Greek debt problems could fracture the European U... (photo: WN / Rubielyn Bunag) Economy Greece Photos Stock Wikipedia: Dow Jones Industrial Average Independent online Gold drops as Greece batters global markets Gold fell for a fourth straight day to its lowest since late December on Wednesday, sucked into a broad-based sell-off that dented global markets on the back of alarm ove... (photo: WN / Ahmed Deeb) Commodities Investors Markets Photos Wikipedia: Gold