Word: rodr
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...Luis Rodríguez Zapatero Position: PM of Spain, holder of rotating presidency Powers: The long-term Council President should make this role irrelevant. Member states may disagree...
Santander exercised its right of first refusal to buy the remaining 75% for $1.9 billion. Now it has to hope Sovereign is worth more than the peanuts Santander paid for it. "If a bank is strong, it is not for sale. Banks are sold, not bought," says Juan Rodríguez Inciarte, Santander's director general and an architect of its international expansion. Inciarte says Santander will give Sovereign the same treatment it gave the U.K.'s Abbey National bank, an ailing mortgage provider it bought for $11.2 billion in stock in 2004. It was Santander's first foray into...
...Prime Minister José Luis Rodríguez Zapatero's administration must try to find the best diplomatic and military solution to the standoff, even as it deals with the fallout from a looming judicial ruling. "In capturing and extraditing those two, the government made a hasty decision," says Carlos Echeverria, professor of international relations at Madrid's National Distance University. "They didn't think of the consequences." (See pictures of the brazen pirates of Somalia...
...Organizing the diplomatic effort wasn't easy either. Pakistani authorities, like those in other countries, require alpinists to pay for their rescue up front, and it took several days to pull the money together. Spanish Prime Minister José Luis Rodríguez Zapatero called his Pakistani counterpart to ask for assistance with the rescue, but it took some time before the wheels were in motion. On Aug. 11, Peña Guara released a press statement saying the efforts were slow and complicated, and calling the situation desperate. "The Pakistanis were working on it, but there...
Portela and her friends are certainly aware they have more to worry about than shopping sprees. Paula Rodríguez, 20, is studying journalism. "But there aren't any jobs in that, so I'll probably just stay in school longer and get another degree," she says. The prospect of owning a home - and the mortgage that comes with it - makes all four girls laugh, so far-fetched does it seem. "How am I going to get a mortgage if I can't even get a job?" scoffs Rodríguez...