The question now is how soon Spain may be forced to seek a bailout from the IMF and the European Union.

现在的问题是，西班牙最快何时将不得不寻求国际货币基金组织和欧盟（European Union）的救助。

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How soon that will happen is open to speculation for now.

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It is now a well-established tradition in Washington that any scandal, no matter how seemingly innocuous, soon is given the suffix "-gate, " establishing a lineal connection to the mother of all scandals, Watergate.

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The test of that will be twofold: how soon Brazil can cut interest rates (which now start at 40%, while inflation is just 3%) without triggering a fresh run on the real, and whether foreign investors will start to look more favourably at the country.

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