Word: leale
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...economic isolation. Their tariff walls will gradually be dismantled, and the two countries will take on both the risks and rewards of in creased trade with their neighbors. For an assessment of what this change will mean for the economies of Spain and Portugal, TIME invited Jose Luis Leal, Spain's Minister of the Economy in 1979 and 1980, to the Madrid meeting of its European Board of Economists. His conclusion: Spain and Portugal might suffer a few short-run shocks from E.G. membership but would ultimately benefit. Leal admitted, though, that the two nations were "jumping into the unknown...
Paradoxically, the depressed economic conditions in Spain and Portugal could give them an advantage in trade with the rest of the E.C. Reason: wages are comparatively low in both countries, and that helps keep prices modest. Leal pointed out that some Spanish agricultural prices are 17% to 20% less than those of other E.C. countries. Joining the Community should enable Spain to boost its exports of fruits, vegetables and wines. Portugal is likely to increase its shipments of textiles and shoes...
...minutes to spare between poker table and roulette wheel, try Walk the Talk Macau, a lively new audio tour accessible via your cell phone. Devised and narrated by former bankers (and Macau aficionados) Stefan White and David Wong, the tour includes many of the city's historic landmarks, from Leal Senado Square to the ruins of St. Paul's, pictured here. You'll learn plenty of trivia (sample: despite omnipresent church spires, only 15% of Macau's population is Roman Catholic) and can even press buttons to hear about the best restaurants and nearest rest rooms en route...
Chef Edgar Leal split his childhood between New York City and his hometown of El Tigre in rural Venezuela. That mix of Manhattan sophistication and Latin American tradition produced Cacao, which has quickly become one of Miami's most popular restaurants. Owner Leal and wife Mariana Montero take the timeless dishes your abuela (grandmother) cooked, like seviche, tamales and bobo de camarao (shrimp in cassava and coconut-milk sauce), and "deconstruct them," as Leal says, into haute cuisine with a presentation that can be as much fun as Carnaval. They have coaxed surprisingly velvety textures and piquant tastes...
...went hoarse singing The Star-Spangled Banner and Chapel of Love to an endless line of couples, with assorted children and parents and friends cheering them on. "When you have the opportunity to watch and hear a ceremony, you feel the real passion, the solemnity, the commitment," says Susan Leal, the city and county treasurer, who officiated at many of them. "If that was present in a lot of the marriages we have in this country, we wouldn't have as much divorce...