The city is located on the Manzanares River in the centre of both the country and the Community of Madrid (which comprises the city of Madrid, its conurbation and extended suburbs and villages); this community is bordered by the autonomous communities of Castile and Leon and Castile-La Mancha. As the capital city of Spain, seat of government, and residence of the Spanish monarch, Madrid is also the political, economic and cultural centre of Spain. The current mayor is Ana Botella from the People's Party (PP).
Madrid houses the headquarters of the World Tourism Organization (WTO), belonging to the United Nations Organization (UN), the SEGIB, the Organization of Ibero-American States (OEI), and the Public Interest Oversight Board (PIOB). It also hosts major international institutions regulators of Spanish: the Standing Committee of the Association of Spanish Language Academies, headquarters of the Royal Spanish Academy (RAE), the Cervantes Institute and the Foundation of Urgent Spanish (Fundeu BBVA). Madrid organizes fairs such as FITUR, ARCO, SIMO TCI and the Cibeles Madrid Fashion Week.
While Madrid possesses a modern infrastructure, it has preserved the look and feel of many of its historic neighbourhoods and streets. Its landmarks include the Royal Palace of Madrid; the Royal Theatre with its restored 1850 Opera House; the Buen Retiro Park, founded in 1631; the 19th-century National Library building (founded in 1712) containing some of Spain's historical archives; a large number of National museums, and the Golden Triangle of Art, located along the Paseo del Prado and comprising three art museums: Prado Museum, the Reina Sofia Museum, a museum of modern art, and the Thyssen-Bornemisza Museum, which completes the shortcomings of the other two museums. Cibeles Palace and Fountain have become the monument symbol of the city.