A right royal mess

AFTER Franco’s death even republicans were grudging Juan Carlistas, particularly after the failed coup of 1981.

But 2012 is the Borbons’ annus horribilis. Son-in-law Urdangarin is banished but his financial scandals linger.

An indulged grandson shot himself in the foot with a weapon he is too young to use.

Then Juan Carlos broke his hip on safari.

The hip was deemed unfortunate but the lavish elephant shoot unforgivable.

And republicans repeat their favourite joke: the Borbons are their greatest allies.

Iron Lady mark II

COULD Argentina’s expropriation of Repsol-owned YPF be just the beginning?

When announcing the nationalisation last week, the Argentinean president Cristina Fernandez reminded foreign firms – “telephone companies and banks” – of their need to reinvest in Argentina.

Neither the Spanish government nor Telefonica, Santander or BBVA will have missed the hint.

Spain could be about to discover what it is like to deal with an Iron Lady.

Vegas goes to suburbia

GAMING tycoon Sheldon Adelson intends to install a Las Vegas-style casino complex in Europe, possibly in Madrid province.

Alcorcon has been pencilled in as a likely site and big spenders from all over Europe and the former USSR are expected to descend on this un-leafy suburb to part with their money.

Silk purses can be made from sows’ ears but reinventing Alcorcon could be beyond even Adelson’s capacities.

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