New parties win big in Spain election, ruling conservatives lose majority

New parties win big in Spain election, ruling conservatives lose majority:

Spain’s left-wing potential block is set to win an absolute majority in the Spanish Parliament, with 99 percent of votes counted. The Socialist Party is projected to win 90 seats, while the anti-austerity party, Podemos, is to get 42 (69). The ruling People’s Party is at 123 seats.

Read moreNew parties win big in Spain election, ruling conservatives lose majority