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...Emilio Lustau has led the field, first with its Almacenista sherries – small lots from small stockholders introduced back in the 1980s – and still with the widest range of individual sherries efficiently...
...However, the Instituto Flores de Lemus in Madrid, which tracks inflation, warned that the public sector salary cuts could consolidate the deflationary trend....
...“If you have crimes, it’s important to change the criminal code because you have to punish the criminals,” Miguel Fernández Ordóñez, Bank of Spain governor, told the Financial Times....
...Miguel Angel Fernández Ordóñez, Bank of Spain governor, said the central bank did not expect the Madoff affair to have a significant impact on earnings or solvency at the banks....
...“People here think about surviving, nothing more,” says 17-year-old Giancarlo Ordoñez. “Life here is ultra-short-term. It’s about getting two soles to make it through the day.”...
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