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Madrid orders direct rule after Catalan leaders scrap vote plan, declare independence

After a false hope of easing tensions in Spain on Thursday, which saw the benchmark IBEX jump over 2.0% before pairing gains, everything unraveled quickly on Friday. In a ballot boycotted by opposition members of the Catalan regional parliament, lawmakers voted 70-10 to declare the autonomous region’s full independence from Spain, as BBC reported. The […]