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Granted, it is not just Britain's housing market that is seeping value. Fallout from last year's subprime meltdown or rising interest rates have dented property sectors from Las Vegas to Valencia, Warsaw to Sydney. By February, house prices in 20 key U.S. cities were 12.7% lower than a year earlier. And after rising almost threefold in the decade through 2006, prices in Ireland slumped by around 7% in 2007. Similar booms have come to an end in Spain, Poland and Estonia...

Author: /time Magazine | Title: Trouble at Home | 5/21/2008 | See Source »

...Prime Minister Jose Luis Rodriguez Zapatero plans to build a pipeline alongside the highway to transport diverted Ebro water north to Barcelona. But when he was first elected in 2004, Zapatero's government overturned a similar plan, hatched by the conservative Popular Party (PP), to divert water south to Valencia. The fact that Barcelona's government is Socialist, while Valencia is ruled by the PP, has fed suspicions of political favoritism. "The government has humiliated us," said Francisco Camps, president of the Valencia region and a PP member...

Author: /time Magazine | Title: In Spain, the Pain of No Rain | 5/13/2008 | See Source »

...ever find yourself at odds with being from a prominent Democratic family and being married to a Republican? -Valencia Jackson, HOUSTONIt's definitely different to be married to someone from a different political party. It has really taught me to look beyond labels, which is something my dad [Sargent Shriver] was really adamant about. Get rid of all that and look at who the person is, and you're much better...

Author: /time Magazine | Title: 10 Questions for Maria Shriver | 5/1/2008 | See Source »

...high school, Feeney heard about 826, a non-profit organization started by Dave Eggers with the aim of providing free after-school writing programs and seminars to high school students. Feeney’s emerging interest in creative writing led him to volunteer before the opening of 826 Valencia, the program’s first writing center, in Feeney’s hometown of San Francisco. He had no experience with tutoring, so the program administrators assigned him odd jobs such as filling giant buckets with lard to help prepare the “pirate supply store?...

Author: By Mark A. Vanmiddlesworth, CONTRIBUTING WRITER | Title: SPOTLIGHT: Kevin J. Feeney '08 | 4/25/2008 | See Source »

...trip to Valencia in 2006, Pope Benedict XVI made it clear that he was not pleased with the changes in Spain, including same-sex marriage. "We want to make people understand that according to human nature, it is man and woman who are made for each other and can give humanity a future," he told reporters. "The family is a unique institution in God's plan." Spanish bishops have organized huge rallies in Madrid to protest Zapatero's new laws, but polls continue to show that the reforms have broad support. Indeed, after spending centuries gazing lovingly across the Mediterranean...

Author: /time Magazine | Title: Spain: Family Matters | 2/27/2008 | See Source »

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