Word: nio
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...deal was even less popular when Abbey's new CEO António Horta-Osório slammed the brakes on new mortgage lending in 2006, right in the middle of a housing boom. But Horta-Osório looked prescient when U.K. banks such as Alliance & Leicester and Bradford & Bingley kept on lending and then found themselves in crisis when the market crashed. Santander bought them both - in B&B's case, it was only the deposits and branches - for about one-fifth of what it had paid for Abbey. (Read: "U.K. Acts to Stem Bank Panic...
...sects, according to Syrian human-rights groups. Only Jordan--which has received 750,000 Iraqis but has stopped accepting more--comes close to matching Syria's largesse. "The price of this disaster is being paid mainly by the refugees themselves and by two countries: Syria and Jordan," says António Guterres, the U.N.'s High Commissioner for Refugees. "The international community can't let [them] bear this burden alone...
...Prime Minister for the past six years, António Guterres, quit in December after his Socialist Party (PS) was trounced in municipal elections by its main rival, the Social Democratic Party (PSD). Guterres had two years left in his term but felt bound to step down after such a huge slap, the worst part of which was that the Social Democrats captured the City Hall in Lisbon for the first time since the 1974 revolution that ended decades of dictatorship. With general elections on March 17, many Portuguese commentators think Guterres stepped aside just in time for the country...
...Nio expert, Schrag tracks its ongoing changes and also reconstructs the pattern of El Nios in the last 125,000 years...
...decision," he says. "We are tired of waiting on the doorstep." Soares warns that if Portugal is not let in soon, it "will find other alternatives." The country is already dependent on the U.S. for a large portion of its foodstuffs, including 90% of its wheat. President António Ramalho Eanes was in Washington last week for talks with President Reagan and other Administration officials on topics like the renewal of the lease for use by the U.S. of the Portuguese air base in the Azores...