Not much news, which is always a good thing. The Ibex 35 is down 1.5% at midday; the other European markets are down about the same. La Vanguardia charges that Hugo Chaves and Evo Morales are swapping arms for cocaine through noncommercial charter flights, 330 of them in 2007. Three of the fugitives from the Barcelona terrorist cell are hiding out in France. They're looking for the cell's explosives in southern Catalonia and Valencia. Fifteen Moroccans had a gang fight last night in Lleida and two of them got cut up pretty badly with broken bottles. Barça drew last night in Bilbao after playing lousy, and they're now nine points behind Real Madrid.

Campaign promise update: Zap says he'll create 2 million jobs. Rajoy says he'll create 2.2 million jobs. Zap says he'll fund day care for 300,000 children. Rajoy says he'll fund day care for 400,000 children. Rajoy says he'll raise the minimum pension by €150. Zap says he'll raise the minimum pension by €200. Rajoy says the economy will grow by 3.8% and the budget surplus will be 3% if he wins. Zap says he'll raise the minimum wage to €800 if he wins. Rajoy says he'll exempt those making less than €16,000 from income tax, and cut income tax by 16% for the rest. Zap says he'll refund €400 to all taxpayers.