Word: spain
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...office in Manhattan started official investigations, and shareholder class-action suits have already been filed in the U.S. How could this happen to the worldwide giant that, after all, owns Giant and Stop & Shop in the U.S. and 7,000 stores in Europe, including Supersol and Hipersol in Spain and ICA throughout Scandinavia? In some respects, the company is a victim of its own reach. Van der Hoeven, 55, is a tall, heavy-smoking former Shell executive with a commanding manner. When he took over as CEO in 1993, he promptly launched an international acquisition binge that turned the once...
...attack on Iraq will be authorized by the United Nations. Iraq's decision to comply with the UN inspectors' demand to destroy its al-Samoud 2 missiles has strengthened the resolve of those at the Security Council arguing that inspections be given more time. The U.S., Britain and Spain are lobbying for a resolution proclaiming Iraq in "material breach" of Resolution 1441, opening the way to war. But France, Germany, Russia and China are backing a counter proposal to give inspectors more time to pursue peaceful disarmament. Bad-tempered behind-closed-doors exchanges in the Council had yielded little progress...
...Although Bush administration officials believe a second Security Council resolution is not a necessary precondition for going to war, politically it remains extremely desirable. Washington's most committed allies in Europe - Britain's Tony Blair, Spain's Jose Maria Aznar and Italy's Silvio Berlusconi - are all swimming against the tide of domestic opinion in order to support Bush, and all have pressed for Washington to seek UN endorsement. Even in the U.S., opinion polls find that a majority of Americans would prefer UN endorsement for a war, and the number of registered voters telling pollsters they'd reelect President...
...removing a source of encouragement to suicide bombers. But the Arab and European allies that have opposed this war have heard this argument before, and it hasn't convinced them. Nor is it likely to break the deadlock at the UN Security Council, where the U.S., Britain and Spain are pushing a resolution that would give, if not explicit authorization, at least a nod to war, while France, Russia and Germany insist that weapons inspectors be given more time...
...courses to take. If the U.N. does decide to formally back a U.S.-led campaign to eradicate Saddam and liberate the Iraqi people, it will reclaim at least some type of moral framework; if it doesn’t, it will become totally irrelevant. With America, Great Britain and Spain submitting a new resolution declaring Iraq in “further material breach” of previous resolutions, the stage has been set for one final diplomatic showdown. All told, these next three weeks may well constitute the U.N.’s moment of reckoning...