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The project, approved last week by the regional government of Aragon, also calls for the construction of residential areas, an equestrian centre and a golf course on just over 2,000 hectares (5,000 acres) of land in the Los Monegros desert.

Tentatively called “Gran Escala,” which means large-scale, the development has a 17-billion-euro (25-billion-dollar) price tag that will be footed by International Leisure Development, a London-based consortium of investors.

The goal “is the construction of an integrated leisure city for people of all ages, the first European city with these characteristics,” a Spanish investor in the joint venture, Jaime Riera, told AFP.

Developers expect the complex will receive 25 million visitors per year when it is completed, below its maximum capacity of 35 million annual visitors.

The location — half-way between Madrid and Barcelona, Spain’s second city — was selected over two other possible sites in Europe because it has good transportation links, favourable tax laws and relatively low land prices.

Millions are being spent in the nearby city of Zaragoza to upgrade rail and air connections, and expand its small airport, in time for the 2008 World Fair which it will host.

Zaragoza is already connected to Madrid by a high-speed train that takes only 80 minutes to make the roughly 300-kilometre (185-mile) trip and by the time of the fair it will be linked by high-speed rail to Barcelona as well.

The high-speed rail links will make it easier for the millions of tourists who flock to Spain each year, making it the second most visited country in the world after France, to head to the casino city.

“The renewal of infrastructure, the fame which is coming to Aragon and the quick action of local officials all attracted this project here,” said Didier Rancher, a French entrepreneur whose company will install the two theme parks.

“It is an interesting project, we are dedicated to giving it all the necessary support and we have high hopes, we are forecasting the creation of 30,000 jobs,” said a spokesman for the government of Aragon.

The themes of the hotel-casinos will cover the sweep of history, from Pharaonic Egypt to Ancient Greece to the Roman Era and the Italian Renaissance.

The project, which will be formally presented in Zaragoza on December 12, also includes plans for a water park and a spy-themed park called Spyland based on the worldwide history of spies and secret services.

Construction of the water park and Spyland is scheduled to begin in the second half of 2008 with the whole project built in stages.

Despite the promise of more jobs for the region, not everyone is happy with the project.

“Once again we are seeing how the local government meets the needs of private developers instead of the needs of local people,” said Adolfo Barrena, a member of the opposition party Izquierda Unida or United Left.

As recently as October, Mr. Bush was hinting at air strikes against Iran’s secretive and mostly underground nuclear sites, warning that averting World War III meant preventing Tehran from tipping its missiles with nuclear warheads.

So a key finding in yesterday’s National Intelligence Estimate, that Iran shut down its nuclear weapons program four years ago, was unexpected and may avert a showdown.

The Bush administration was quick to claim success, saying U.S.-led pressure on Tehran had pushed Iran to stop its pursuit of nuclear weapons.

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What’s that mean to you?

It means almost $30,000 in debt for each man, woman, child and infant in the United States.

Even if you’ve escaped the recent housing and credit crunches and are coping with rising fuel prices, you may still be headed for economic misery, along with the rest of the country. That’s because the government is fast straining resources needed to meet interest payments on the national debt, which stands at a mind-numbing $9.13 trillion.

And like homeowners who took out adjustable-rate mortgages, the government faces the prospect of seeing this debt — now at relatively low interest rates — rolling over to higher rates, multiplying the financial pain.

So long as somebody is willing to keep loaning the U.S. government money, the debt is largely out of sight, out of mind.

But the interest payments keep compounding, and could in time squeeze out most other government spending — leading to sharply higher taxes or a cut in basic services like Social Security and other government benefit programs. Or all of the above.

A major economic slowdown, as some economists suggest may be looming, could hasten the day of reckoning.

The national debt — the total accumulation of annual budget deficits — is up from $5.7 trillion when President Bush took office in January 2001 and it will top $10 trillion sometime right before or right after he leaves in January 2009.

That’s $10,000,000,000,000.00, or one digit more than an odometer-style ”national debt clock” near New York’s Times Square can handle. When the privately owned automated clock was activated in 1989, the national debt was $2.7 trillion.

We’re sitting in the giant conference room at Kleiner Perkins Caufield & Byers, where the partners hold their weekly meetings. After loading his plate with Chinese food from a buffet, Gore is firing detailed questions at the management team of Ausra, a Kleiner-backed company in Palo Alto whose technology uses mirrors the width of a flatbed truck that focus the sun’s energy to generate electricity.

Once Gore is satisfied — sunlight lags north of South Dakota, an Ausra plant can serve 120,000 homes, and yes, smaller turbines will work fine — he shifts from inquisitor to fixer. He was chatting with California Senator Barbara Boxer “on the way over,” he reports, and he isn’t optimistic that Congress will extend the tax credits Ausra has been relying on. On the upside, he offers on the spot to organize a summit highlighting the company’s solar thermal technology to educate lawmakers and other policymakers on its potential. He also thinks a powwow at General Electric would be beneficial, even though Ausra is a tiny customer.

“I know Immelt well,” he says, referring to GE’s CEO. “We ought to set up a meeting.”

Gore appears utterly comfortable with this drill, but in fact he’s engaging in some on-the-job training. The recovering politician, environmental activist, and Nobel laureate is adding another title to his résumé: venture capitalist. After “a conversation that’s gone on for a year and a half,” according to Gore, he has decided to join his old pal John Doerr as an active, hands-on partner at Kleiner Perkins, Silicon Valley’s preeminent venture firm.

What is keeping her awake are the far-reaching ripple effects of the troubled housing market in sunny Florida, California and other parts of the United States.

Ms. Kuvaas is the mayor of Narvik, a remote seaport where the season’s perpetual gloom deepened even further in recent days after news that the town — along with three other Norwegian municipalities — had lost about $64 million, and potentially much more, in complex securities investments that went sour.

“I think about it every minute,” Ms. Kuvaas, 60, said in an interview, her manner polite but harried. “Because of this, we can’t focus on things that matter, like schools or care for the elderly.”

Norway’s unlucky towns are the latest victims — and perhaps the least likely ones so far — of the credit crisis that began last summer in the American subprime mortgage market and has spread to the farthest reaches of the world, causing untold losses and sowing fears about the global economy.

Where all the bad debt ended up remains something of a mystery, but to those hit by the collateral damage, it hardly matters.

Tiny specks on the map, these Norwegian towns are links in a chain of misery that stretches from insolvent homeowners in California to the state treasury of Maine, and from regional banks in Germany to the mightiest names on Wall Street. Citigroup, among the hardest hit, created the investments bought by the towns through a Norwegian broker.

For Ms. Kuvaas, being in such company is no comfort. People here are angry and scared, fearing that the losses will hurt local services like kindergartens, nursing homes and cultural institutions. With Christmas only weeks away, Narvik has already missed a payroll for municipal workers.

Because so much Roundup is used on Roundup Ready crops, the residue levels in the harvested crops greatly exceed what until very recently was the allowable legal limit. For the technology to be commercially viable, the FDA had to triple the residues of Roundup’s active ingredients that can remain on the crop.(24) Many scientists have protested that permitting increased residues to enable a company’s success reflects an attitude in which corporate interests are given higher priority than public safety, but the increased levels have remained in force.

Advertisements and glossy brochures, seeking to convince farmers to plant Roundup Ready seeds, speak proudly of “clean fields”—clean in this usage meaning enormous fields with nothing growing in them but soybeans or corn or cotton or canola. This is intended as a selling point, and many farmers go for it, but it is an odd use of the word. The fields are actually so chemicalized that they are virtually sterile, and they bear no resemblance whatsoever to a healthy, flourishing, and biodiverse ecosystem. The soil, relatively void of decaying plant matter, and often impoverished of the worms, insects, and bacteria that feed off it, becomes completely dependent on chemical fertilizers.

A senior lawyer for the American government has told the Court of Appeal in London that kidnapping foreign citizens is permissible under American law because the US Supreme Court has sanctioned it.

The admission will alarm the British business community after the case of the so-called NatWest Three, bankers who were extradited to America on fraud charges. More than a dozen other British executives, including senior managers at British Airways and BAE Systems, are under investigation by the US authorities and could face criminal charges in America.

Until now it was commonly assumed that US law permitted kidnapping only in the “extraordinary rendition” of terrorist suspects.

The American government has for the first time made it clear in a British court that the law applies to anyone, British or otherwise, suspected of a crime by Washington.