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...Patxi López began his investiture speech in the Basque regional parliament today, the first sentences out of his mouth were in euskera. Normally this wouldn't be a remarkable occurrence: the president of the Basque region routinely speaks the Basque language. But the swearing in of the Socialist López represents the first time in the three decades of Spain's democracy that the leader of the Basque region does not come from the pro-autonomy Basque Nationalist Party (PNV). As a result, every gesture - even the number of sentences he spoke in euskera - is being read...

Author: /time Magazine | Title: New Basque Govt.: A Blow to Separatists? | 5/5/2009 | See Source »

...reflect Basque society as represent an attempt to squash it's hard-won autonomy. The party won more votes than any single party in the March 1 regional election, but failed to achieve the necessary majority. Today, outgoing president Juan José Ibarretxe told the Basque parliament that the Socialist-led government does "not represent the majority of society," and cast the new government as "a serious attempt to annul Basque identity...

Author: /time Magazine | Title: New Basque Govt.: A Blow to Separatists? | 5/5/2009 | See Source »

...last term, Ibarretxe expended a good deal - some critics would say all - of his political capital in an ill-fated attempt to hold a referendum on independence for the Basque country. That effort was quashed by the Spanish parliament, which judged it unconstitutional. But the Socialist victory does not necessarily mean that Basque society as a whole is becoming less nationalist. According to polls conducted by Euskobarometro, the percentage of Basques who desire independence has hovered around 30% - sometimes rising a few points, sometimes falling - since...

Author: /time Magazine | Title: New Basque Govt.: A Blow to Separatists? | 5/5/2009 | See Source »

Latin American Presidents with declared socialist agendas...

Author: /time Magazine | Title: The World | 4/30/2009 | See Source »

...quality of private institutions in eight to 10 years. He will "accelerate and deepen" the changes he started when he took office in January 2007, he said. More important, for business interests, the string of wins at the polls gives Correa no reason to shift to a more radical socialist position, says Latin America analyst Patrick Esteruelas at Eurasia Group in New York City. Instead, says Esteruelas, "Correa will enjoy greater flexibility to make some macroeconomic-policy adjustments to buttress liquidity and prevent a banking and currency crisis." The pragmatic Correa probably knows that such a confrontation could cost...

Author: /time Magazine | Title: In Ecuador, a Win for the Left May Be Good for Business | 4/28/2009 | See Source »

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