Financial News Tue Jun 5th 2012 – Spain, Apple, Venus, Paul McCartney, Olympics 2012

The situation in Spain is getting serious, as credit markets kept their doors shut, on the eurozone's fourth biggest economy, leading to emergency talks between the major European powers. Investors simply do not want to hold Spain's debt, as Europe is still struggling to find a viable solution to Spain's banking crisis. All eyes are on Germany of course, show some mercy and compassion Angela! It is Spain remember?Germany's vacation destination number 1! No but seriously, it seems Angela has already agreed to resume talks about the possibility, of a joint debt sharing system for a short period of time, but that would mean burdening the German population with even more taxes! If that is even possible! Apple goes head to head with Google in a battle over mobile map technology. After enjoying huge success with Google Maps on its iPhone, Apple is planning to release its own Map App, as well as give App developers free reign on developing other map apps, in an attempt to compete directly with Google Maps! Apparently Apple has been planning this move for a couple of years now and roumour has it, we might be able to get a first glimpse at Apple's technology, at the San Francisco annual developer conference. Let the Maps Begin! An extremely rare astronomical phenomenon can be witnessed today, as Venus will be moving across the sun's face in a six and a half hour transit., which will start shortly after 10pm GMT. If the weather plays along, we might be able to see a tiny dot <b>...</b>
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