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...will likely do this by the end of November. But a huge question for Merkel is whether GM will now receive any of the $6.7 billion in loans the government had previously promised to Magna to seal the deal. The pledge had raised alarm bells in Britain, Belgium and Spain, where leaders feared that Germany was trying to curry favor with Magna and that their countries would bear the brunt of any job losses. When the European Commission said last month that it would launch an inquiry into whether Germany had been in breach of E.U. competition rules, Berlin told...

Author: /time Magazine | Title: GM Keeps Opel, Announces Job Cuts, Angers Germans | 11/5/2009 | See Source »

...every German job. The strike coincided with GM's announcement that it would shed 10,000 positions at its European plants, roughly the same number of jobs that Magna had planned to cut. GM did not say where the cuts would fall. The company employs 7,000 people in Spain, 5,500 in Britain, 3,900 in Sweden, 3,600 in Poland and 2,600 in Belgium. (See the 50 worst cars of all time...

Author: /time Magazine | Title: GM Keeps Opel, Announces Job Cuts, Angers Germans | 11/5/2009 | See Source »

...minnow in international soccer, went undefeated in its home qualifying matches and eliminated Mexico—one of the dominant forces in the region—en route to securing its first-ever entry into the FIFA World Cup. On the sport’s grandest stage, Honduras tied Spain, the host of the tournament, helping to establish Honduras’ soccer credentials on an international level and sparking speculation that a new era of athletic success was in the offing...

Author: By Mauricio A. Cruz, CRIMSON STAFF WRITER | Title: Visiting Professor Sees Homeland Through Soccer’s Lens | 11/3/2009 | See Source »

...writers Gerald Brenan and Ian Gibson interviewed witnesses who said that Lorca had been driven outside the city with three other prisoners to a ravine between the towns of Viznar and Alfácar. The four were shot and buried in a mass grave. (See pictures of Spain...

Author: /time Magazine | Title: Exhuming Lorca's Remains — and Franco's Ghosts | 10/29/2009 | See Source »

...Because of who he is, we think of him as a sort of guardian, ensuring the remains of all the others won't be disturbed or forgotten either." Earlier this month, the town of Alfácar granted that wish by declaring the site a cemetery. (Read "At Last, Spain Faces Up to Franco's Guilt...

Author: /time Magazine | Title: Exhuming Lorca's Remains — and Franco's Ghosts | 10/29/2009 | See Source »

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