News
The people’s paper Issue No. 1896
Calle Larios lights.
4 - 10 Nov 2021
AXARQUIA - COSTA TROPICAL • WWW.EUROWEEKLYNEWS.COM
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SPOTLIGHT ON AXARQUIA
Malaga set to shine G E T set for the fes‐ tive season in Mala‐ ga. The Christmas lights will be switched on by Mala‐ ga City Council on November 26. The date coincides with Black Friday again and shops are expected to offer some big discounts. This makes it an ex‐ cellent time to head to Malaga and start your Christmas shop‐ ping. Many shops will continue the sale throughout the weekend until Mon‐ day, November 29. The Malaga Christ‐ mas lights bring in thousands of visitors each year. They flock to Calle Larios where Malaga has built a reputation as a pio‐ neer of stunning Xmas light shows. After last year’s limited display, Malaga will be back to its illuminated best with a music and light show sure to get everyone in the festive spirit.
THE BEST FINANCE NEWS ON PAGES 14 - 17
Photo credit: POLICIA NACIONAL
MALNOURISHED: The two dogs were found on a roof.
DOG NEGLECT
WORLD TRAVEL MARKET: The campaign was to promote and strengthen the town’s tourism.
RINCON DE LA VICTORIA and Nerja were represented at the World Travel Market (WTM) ‐ the annual Travel & Tourism Expo in London ‐ on November 1 to 3. Last year, the WTM was held online due to Covid re‐ strictions. This year, the par‐ ticipants decided to merge old techniques with new ones. Social networks were used alongside the council’s physical presence at the fair. Face‐to‐face opportunities with potential tourists were available over the weekend but online platforms gave
several tourist countries ac‐ cess to the promotional ma‐ terial for seven days. The municipalities had their own stands on the Cos‐ ta del Sol section. Rincon de La Victoria presented a new promotional video called ‘Autumn is different in Rin‐ con de la Victoria.’ The idea behind the campaign was to promote and strengthen British tourism in the Malaga town. The mayor of Rincon de la Victoria, Francisco Salado (Partido Popular) together with the councillor for
Tourism, Antonio Jose Martín (PP), were present at the event. Hopefully, after a time of so many restrictions, this beautiful part of Malaga can start to see its tourism sector regain strength.
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A 38‐YEAR‐OLD man has been arrested by the National Police in Velez‐Malaga for allegedly abandoning two dogs on a roof. The animals were found malnourished and surround‐ ed by faeces on the roof of a residential building. The officers went to the building after receiving a re‐ port and found them in a “‘deplorable’ situation. They were found ‘clearly malnourished’ and remained on the roof ‘very weakened,’ according to sources from the National Police. Officers also found empty containers for the food and water for the two dogs, and one of them was at‐ tached to a chain that barely allowed it to move. The officers located the owner of the dogs, who turned out to be a resident of the building and was al‐ legedly using the dogs for breeding. According to the police, the owner tried to apologise to the officers for the state of the animals and their sur‐ roundings, saying that he was having a bad time. He has been arrested for his alleged involvement in a crime of animal abuse, and an animal shelter in Axar‐ quia has taken the dogs in.
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from Front page » THE town provides tourists with a unique experience. It is a destination for visi‐ tors from all markets and ages and offers the won‐ derful Andalucian sun and climate for those who want to combine sport, beach, and culture. Likewise, Nerja is looking
Leaders in tourism to boost international tourism at a provincial level in Spain. The mayor of Ner‐ ja Jose Alberto Armijo re‐ vealed that tourist occu‐ pancy data for the month
of October published by the Association of Hotel En‐ trepreneurs of the Costa del Sol (AEHCOS), positions Nerja as the leader in the ranking at the provincial level with 87.47 per cent. He said: “This important news confirms that we are going in a very good direc‐ tion, contributing indis‐ putably to the recovery of international tourism in the province as a leading quali‐ ty tourist destination on the Eastern Costa del Sol‐ Axarquia.” Armijo highlighted: “With this positive data,
having a presence at this fair is key to continue ad‐ vancing in this post‐pan‐ demic stage in promoting and consolidating the Nerja tourism brand and increas‐ ing British tourism, our main international mar‐ ket.” Nerja Council was pre‐ sent at the WTM in London promoting their “Feel Ner‐ ja, feel the freedom” cam‐ paign with a series of videos that can be seen on the social networks of Facebook and Instagram in the UK until the end of De‐ cember.
NEWS
Hotels optimistic for 2022 HOTEL executives for Costa del Sol clients with high purchasing power said that 2022 is to be the year of recovery for the tourism sector. They said small advances had already been made in bouncing back from the pandemic in 2020. Multiple hotels had representatives at a meeting organised by the specialist luxury tourist university, Les Roches. They included Los Monteros, Anantara Villa Padierna, Don Carlos and the Ikos Resorts establishments. They highlighted in the meeting that they had polled their clients and the results
were that they had money saved and an increased desire to travel. Managers, however, were a little more cautious, citing uncertainty around the evolution of the virus and the changing nature of the markets that send the most tourists to Costa del Sol hotels. Director of the Ikos complex in Estepona, Carlos Nieto, said: “2021 has been difficult, but was saved once British tourists could fly without restrictions. Let’s hope for a relatively good 2022 season. There is a very early booking and travel forecast, so we expect a good season.”
Vandalism condemned NERJA Council has condemned multiple acts of vandalism in various parts of the municipality. The Security and Youth Councils have called now for civility, common sense and responsibility and have stressed that these acts against public and private property constitute a serious crime that damages the image of Nerja. Among the acts committed were the vandalism of street furniture, damage to planters, containers,
graffiti, as well as terraces, tables and chairs of restaurants and shops in the town centre. Local Police are making enquiries to determine who carried out the vandalism and will hold this group of irresponsible individuals accountable. They are asking for the collaboration of the public by reporting any evidence they may have seen by calling 952 521 545 or contacting the Local Police Headquarters.
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NIBS EXTRA
Fire starter
THE Frigiliana Council is ready to accept applica‐ tions from owners of rus‐ tic land to start con‐ trolled fires again, subject to certain condi‐ tions, such as the fires must be attended with a hose pipe between 8am and 4pm and within 20 days of a rainfall.
Avocado fruit ALTHOUGH an intro‐ duced fruit, growing avo‐ cados is a major source of income for farmers in Axarquia and there are fears that unless there are some heavy rains in the near future, this year’s crop could be small especially as many flowers are not fruiting.
Cactus garden THE current Teresa cac‐ tus garden, located at the southern end of the Parque de los Pueblos de America in Motril, was inaugurated last spring with an initial space of 1,000 square metres, but is now being expanded to cover 10,000 square metres of cacti and suc‐ culents.
The Nutcracker ONE of Tchaikovsky’s most popular ballets, The Nutcracker will be performed by the Rus‐ sian National Ballet ‐ which tours Spain on a regular basis ‐ at the Al‐ muñecar Cultural Centre starting at 8pm on Satur‐ day November 6, with tickets available online or from the box office.
Act of arson FIREFIGHTERS in Torre del Mar were not amused when Halloween revellers in the town de‐ cided that it would be fun to set fire to waste bins on the streets and they had to deal with three separate blazes which all started at around the same time.
4 - 10 November 2021
50,000 visitors
THE El Saltillo bridge in Alta Axarquia has celebrated 50,000 visitors over the last year. Francisco Salado, the presi‐ dent of the Provincial Council of Malaga said it has become “one of the main natural at‐ tractions of the province,” adding that it “has served to enhance one of the wildest and most beautiful areas of our land, such as Alta Axar‐ quia.” An increase in visitors to this bridge also means natural and economic revitalisation of the area, with up to a 60 per cent increase reported in the turnover of businesses in the area. This has also had an ef‐
EL SALTILLO: One of the area’s natural attractions.
fect on bookings in hotels and accommodation in the area, “despite the fact that it has been a complicated year due to the pandemic.” “In this first year we can say that we have fulfilled the ob‐
jective of revitalising a natural space that deserved to be re‐ discovered by the people of Malaga, and become a first‐ rate attraction for all visitors,” said the president. He pointed to the fact that
the citizens of Malaga, “use their leisure time to enjoy the natural spaces that we have, with which indirectly we also improve awareness about the protection of nature, and re‐ spect for the environment.”
Health centre progress THE construction project for the new health centre in Nerja has been drawn up. The mayor of Nerja, Jose Al‐ berto Armijo, held a working meeting with the architect who drafted the project for the new health centre, Joaquin Lopez Baldan. They were accompanied at the meeting by the Head of the Infrastructure Service, the Industrial Technical Engineer, the site manager and the site manager of the company award‐ ed the urbanisation works. The architect confirmed that
next week he will register the document at the council. “As soon as we have the con‐ struction project, it will be sub‐ mitted to the municipal techni‐ cal and legal services. It will then be looked over by the An‐ dalucian Health Service, prior to final approval by the council,” said the councillor. After that, the health service will carry out the tender, award‐ ing the execution of the works of the health building, which will be financed by the Junta de Andalucia.
New health centre plans.
The town hall is responsible for contracting the construction project, which will be carried out following a programme drawn up by the health service and in accordance with the de‐ sign standards for Primary Care Centres.
Winning athlete
AN athlete from Nerja has won the seventh Almijara Trail this year. On November 1, the seventh Almijara Trail ‘Tribute to Jose Antonio Martin Navas’ was held, where more than 500 athletes have travelled the mountain range that gives its name to this sporting event. The event has a general 23.5 km circuit and a 10.8 km circuit called the Mini Trail. Athletes Alvaro Gomez Guitart from Trops‐Cueva de
Nerja, and Silvia Mesa Cabrera from Trotasierra, have won in the female and male category, respectively. The trophy delivery by the councillor for Sports Daniel Rivas, together with the councillors of the government group Angela Diaz and Nieves Atencia, and the director of the Parador de Nerja Emilio Mojon, took place at the Enrique Lopez Cuenca Stadium. A tribute to Jose Antonio
Martin Navas was held for his recent death in which a trophy and a commemorative plaque were presented to his wife and children in recognition of their participation in previous editions of this race. Daniel Rivas congratulated all the participants, the Club Nerja de Atletismo for the success of the organisation, the collaborators, and the Local Police and Civil Protection who ensured the safety of the event.
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Malaga put on the map THE acclaimed American actress Sharon Stone is currently visiting Andalu‐ cia. She flew into Spain to receive an award from Elle magazine in Sevilla on October 28. While in the Plaza de España, in the Andalucian capital, Ms Stone recorded a video which she posted on her official Twitter account. In her tweet, the Basic Instinct actress also put Malaga on the map. She strolled through the well‐ known area of the Sevil‐ lian capital, a beautiful square adorned with arches and mosaics dedi‐ cated to each Andalucian province. As she moved along, Ms Stone admired the beauty of the floors and ceramics, giving a running commentary on her mobile phone. Suddenly, she stopped and focused on the area of the square dedicated to Malaga. With the cam‐ era pointed at the map of Andalucia, the actress de‐ scribed the location of Malaga, next to the Mediterranean Sea. She then extolled the ‘Pre‐ cious, precious’ mosaic work. Of all the provinces to choose in her video, the famous actress chose the capital of the Costa del Sol.
and finally...
NEW dog friendly park. A new dog friendly park has opened in Velez‐Malaga equipped with benches and bins. Several lawns have also been created and equipped with an irrigation system. The first deputy mayor of Velez‐Malaga Jesus Perez Atencia, together with the councillor for the Environment Antonio Ariza, visited the La Mata dog park. Atencia pointed out that “within the plan to improve the parks and gardens of the municipality, we present what is the completion of the La Mata dog park in Velez‐Malaga. This is a residential area where residents will soon be able to count on a friendlier space to walk their pets. “Through this programme, we are transforming many of the green areas of our municipality and this is carried out through the Programme for the Promotion of Agricultural Employment (PFEA).” The mayor assured that “we were clear that we must meet the demands of our residents for recreational areas. We have worked to improve the garden areas and turn these spaces in‐ to places adapted to people. I want to thank my colleague An‐ tonio Ariza for the work he has been doing in the delegation.”
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Bullfighting death A 55-YEAR-OLD man was gored to death during a bull fight on Saturday, October 30. He had been taking part in the ‘bous al carrer’ in the town of Onda in Castellon. The bullfighting festivities had been held on Saturday afternoon and marked the Fira d’Onda. The victim was rushed by ambulance to the La Plana hospital where he was reported to be suffering from a cardiac arrest. He did not respond to CPR manoeuvres and was pronounced dead. The man had lost a significant amount of blood during the at‐ tack. He had been gored in his left thigh near to his groin, dam‐ aging the femoral artery. The man also suffered from a severe blow to the head. The man, from Vall d’Uixó, was reportedly thrown in the air and knocked unconscious when he hit the ground.
NEWS
Readers’ poll
Expats say Queen should retire THE Euro Weekly News asked readers whether they thought the Queen should retire following ill health, and an over‐ whelming 66.7 per cent said she should. Those who said the monarch should step back from her duties argued that she should now look after her health. Meanwhile, 25.9 per cent said that she should not retire, arguing that her country needs her. The Queen was last week forced to cancel two weeks of engagements on advice from her doctors. She was advised by doctors to rest for at least the next two weeks, a Buckingham Palace spokesman said. The 95‐year‐old monarch will now be unable to attend the Festival of Remembrance on Saturday November 13. The monarch was said to remain in ‘good spirits’ after recording a speech for the COP26. Her majesty was forced to pull out of attending the upcoming climate summit after a busy recent schedule.
Algeria closes gas pipeline ALGERIA has closed the pipeline that trans‐ ports gas to Spain. Natural gas will continue to be supplied to Spain via ships. The deliv‐ ery schedule has not yet been decided on. The decision has been made by the Algeri‐ an presidency not to renew the contract for the gas line. The Maghreb‐Europe gas pipeline trans‐ ports natural gas into Spain. The gas comes into Spain via Morocco. Diplomatic relations broke down between the African countries earlier this year. The Algerian presidency commented on the issue on October 31: “Taking into ac‐ count the aggressive practices of the King‐ dom of Morocco towards Algeria, the Presi‐ dent of the Republic (Abdelmayid Tebune) ordered the national company Sonatrak to cease commercial relations with the Moroc‐ can company and not to renew the con‐ tract.” Gas shipments will still come into Spain from Algeria. This will be via the Mezgaz pipeline with deliveries of liquefied natural gas (LNG) being brought in by ship. The Min‐ ister of Ecological Transition, Teresa Ribera met with her Algerian counterpart. She con‐ firmed that the deliveries will be made by boat.
QUEEN ELIZABETH: She should now look after her health.
Some royal experts believe that the monarch may be overworked and that her packed schedule could be part of the reason why she pulled out of some of her royal en‐ gagements last month. The Queen can‐ celled a visit to Northern Ireland on October 18 following medical advice and spent a night in the hospital for preliminary medical checks before returning to Windsor Castle. The palace said she wouldn’t be attending a climate change conference in Scotland in keeping with advice to rest. The Queen has retained an active schedule throughout her 69‐year reign, not really slowing down much in recent years.
Will your WhatsApp work? I T may be time to upgrade your smartphone as WhatsApp stopped working on some de‐ vices from Monday, November 1. The news was first an‐ nounced in September. The latest WhatsApp update will not be made available to older devices. This will apply to both older versions of An‐ droid and iOS operating sys‐ tems. For android devices, What‐ sApp will stop working if the device is not running a version later than version 4.0.4. Any‐ one who has a device with an operating system at this level or lower will no longer be able to use the popular instant messaging app. iPhone users will need to be running iOS 10 or later. This means that iPhone SE, 6S, 6S Plus or earlier generation mod‐ el owners will be left behind and not able to use WhatsApp.
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Busy police HALLOWEEN parties or‐ ganised across Spain on Oc‐ tober 31 kept the various security forces busy, al‐ though some rainfall helped to quell the expected num‐ ber of bottle parties. Valencia ended the cele‐ brations with 32 arrested, while in Sevilla, a total of 2,856 people were evicted from parties. In the capital, Madrid saw 73 underage drinkers getting into trouble with law enforcement. During the early hours of November 1, Sevilla Local Police had to evict 2,856 indi‐ viduals from just four estab‐ lishments. This was because of serious breaches of safety including emergency doors being blocked and exceed‐ ing the legal maximum ca‐ pacity of customers. Jose Luis Martinez‐Almei‐ da, from Madrid City Coun‐ cil, had prepared a police op‐ eration for the weekend with 2,045 officers to control the possible bottle parties and another 125 were dedi‐ cated to the inspection and control of leisure premises.
4 - 10 November 2021
Readers’ poll
Demands for more action to protect the elderly
EXPATS in Spain have de‐ manded more action to protect elderly people from scams and other crimes. The Euro Weekly News asked readers whether they thought police should do more to pre‐ vent these crimes and 100 per cent said that officers should get involved more. Demands for action fol‐ lowed a police raid of a fraudulent company pro‐ viding home care to elder‐ ly British people in Mur‐ cia. Officers seized €45,000, £3,600 and various per‐ sonal documents, cards and bank books in the name of elderly people of British nationality living in Mazarron, Murcia. The investigation began when the Guardia Civil learned of an alleged fraud committed against an elderly person, of
SEIZED: Personal documents, bank books, cards and cash.
British nationality, who lived alone in a residential area of Mazarron. The 90‐year‐old victim had allegedly been cared for by a person who ran a company dedicated to home care for the elderly. The elderly woman lived alone, had no family ties and was vulnerable, allowing the suspect to take advantage and take over her real estate and economic assets.
Continuing with the in‐ vestigations, the officers were able to find out the identity of the alleged fraudster, a British citizen, also a resident of Mazarron. The Guardia Civil claim this person seized the house and the savings of the elderly woman, sold her house, became the co‐owner of her bank ac‐ count and spent the mon‐ ey.
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Ryanair’s rapid refunds RYANAIR is focusing on im‐ proving its customer service. The company has promised to repay customers within five days for cancelled flights. During the coronavirus pan‐ demic, Ryanair along with other airlines faced much criticism over how refunds have been handled. According to the airline, in the future, refunds will be processed using an online wallet function. Customers can expect to receive a re‐ fund within 24 hours of a can‐ celled flight. This means that customers will be able to quickly book new flights. Al‐ ternatively, customers will be able to get the funds trans‐
ferred to them within five working days. After the re‐ fund controversy, Ryanair has said that they will ensure cus‐ tomers are better informed of their rights in the future. Dara Brady is Ryanair’s Di‐ rector of Marketing. She said: “Our first ever Customer Pan‐ el meeting in September was instrumental in driving these service improvements and we look forward to receiving further panel feedback at our second meeting in early 2022, to help us develop more ways to improve our customers’ experience while we lower air fares post‐Covid and grow to carry 225 million passengers per annum.”
and finally...
SARA BLAKELY, chief executive and founder of Spanx has surprised her employees with a mega bonus to cel‐ ebrate the company’s success. At a party on Thursday October 21, Blakely awarded every employee with $10,000 and two first‐class plane tickets to anywhere in the world. The party was to celebrate the company gain‐ ing a new $1.2 billion valuation after the investment gi‐ ant Blackstone bought a majority stake in the company.
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Pension fund ditches fossil fuel THE Dutch pension fund for civil servants and teachers (ABP), one of the largest in the world, is selling its €15 billion worth of holdings in fossil fuel investment. Their portfolio includes huge names like Royal Dutch Shell. ABP gave the reason as the progression toward decarbonisation being too slow, despite persuasion to get faster. The chair of ABP, Corien Wortmann‐Kool, said pro‐ ducers of oil, gas and coal will no longer be on the compa‐ ny’s future investments list
and any current holdings will be sold off by the first quar‐ ter of 2023. The fund is as‐ suring its customers that there will be no negative im‐ pact on their ac‐counts in the long term. Wortmann‐Kool said: “we want to contribute to min‐ imising global warming to 1.5C. Large groups of pen‐ sion participants and em‐
ployers indicate how impor‐ tant this is to them. The ABP board sees the need and ur‐ gency for a change of course. We part with our invest‐ ments in fossil fuel producers because we see insufficient opportunity for us as a share‐ holder to push for the neces‐ sary, significant acceleration of the energy transition at these companies.”
STATS
700
Approximately 700 grapes go into one bottle of wine. That comes to about 2.6 pounds of fruit.
Nightclub boycott over spiking ON October 27, women across the UK boy‐ cotted nightclubs as part of the ‘girl’s night in’ protest. Many university towns and cities joined in. The move came after a shocking rise in the number of needle and drink spiking cas‐ es. Students from Nottingham, Brighton and Bristol along with many other universities joined in with the online campaign to raise awareness regarding women’s safety. The campaign also calls on the government and
nightclubs to act urgently. Needle spiking is when people are unknow‐ ingly injected with drugs. Women have re‐ ported being injected in their backs or their legs while at nightclubs. During September and October, the National Police Chiefs’ Coun‐ cil confirmed nearly 200 drink spiking attacks. They also confirmed that 24 people had re‐ ported being spiked by being injected. Not‐ tingham has taken action and placed extra of‐ ficers on patrol during the weekends.
NEWS
Car-boot diamond worth £2m A PENSIONER almost threw away a diamond she bought at a car boot sale worth £2 million. The wom‐ an in her 70s cannot re‐ member where she bought the diamond, but thinks it could have been picked up at a car boot sale. After be‐ ing prompted by a neigh‐ bour, she took it to be val‐ ued with a box of costume jewellery while having a clear‐out to reduce her col‐ lection. The rare diamond that she once thought worthless and almost threw in the bin, has been valued at £2 million. The stone, roughly the size of a pound coin, was certified by experts in Antwerp as a 34.19‐carat colour H VS1, which is ex‐ ceptionally rare. “The lady came in with a bag of jewellery as she just thought she would bring it in as she was passing be‐ cause she had another ap‐ pointment in the town. It had been in a box along with her wedding band and
RARE DIAMOND: Roughly the size of a pound coin.
a number of low‐value cos‐ tume jewellery items,” said a staff member of Featon‐ by’s Auctioneers in North Shields, North Tyneside. “We saw quite a large stone, bigger than a pound coin, and I thought it was a CZ (cubic zirconia, a syn‐
thetic diamond lookalike). It sat on my desk for two or three days until I used a dia‐ mond tester machine. We then sent it off to our part‐ ners in London before it was certified by experts in Antwerp, Belgium, who confirmed it as 34 carats.”
and finally... IN the Sierra Bermeja, Malaga, there is a clear example of the role that bees play in the survival of nature. Not only do they make honey, but they are important because of their pollination function, a task essential for the conservation of nature. Bees will do a great job in helping the recovery of the environ‐ ment devastated by the tragic fire in September, when flames devoured almost 10,000 hectares.
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Junk food ad ban T H E Spanish govern‐ ment will ban the ad‐ vertising of sweets and sugary drinks for chil‐ dren. The Minister of Con‐ sumption, Alberto Gar‐ zon, announced on Oc‐ tober 28, a ban on advertising aimed at children for sweets, cookies, ice cream, sug‐ ary beverages and oth‐ er food products rich in sugars and fats consid‐ ered harmful to health by the World Health Organisation. Garzon explained the regulation of this ad‐ vertising of food aimed at children under 16 years of age on televi‐ sion, the media in gen‐ eral and social net‐ works will be done by Royal Decree and will begin in 2022. Minister Garzon made this announce‐ ment at a press confer‐
ence in Barcelona after meeting with the may‐ or of the Catalan capi‐ tal, Ada Colau. Colau has also an‐ nounced that the Cata‐ lan City Council will take measures to com‐ bat the overexposure of the child population to the advertising of these foods that harm their health. The measure also af‐ fects drinks, snacks and sauces with added sug‐ ars or prepared with more than 225 kcal per 100 grams. “The work is done. We have the pertinent reports to adapt these nutritional profiles of the World Health Or‐ ganisation (WHO) to the regulatory system and we have already spoken with the Na‐ tional Commission of Markets and Competi‐ tion,” said Garzon.
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Brexit concern for Brits
A NEW poll has found that Brexit wor‐ ries have overtaken those of Covid. Brits have been warned that the lack of lorry drivers could impact Christ‐ mas, with shortages predicted for food and products including turkeys. Brits have also been warned to plan ahead and buy children’s toys early to avoid disappointment. The UK’s divorce from the EU has caused labour shortages and has hit su‐ permarket shelves too. According to
A NEW study, carried out in Brazil, has found that a commonly available drug can cut the risk of hospi‐ talisation due to the coro‐ navirus by a third. Results show the 29p antidepressant can dra‐ matically affect a person’s risk of being hospitalised with Covid. The study in‐ volved 1,500 patients. Half of the patients were given a common an‐ tidepressant. The other half were given placebos. The study investigated the effects of Fluvoxamine, branded as Faverin in the
the latest Ipsos MORI survey, around 28 per cent of people believe that Brex‐ it is the main issue for the UK now. This figure has risen 8 per cent compared to last month. Worries over Covid have dropped 10 points in a month. According to the UK’s fiscal watch‐ dog chairman, Brexit will have a bigger impact on the UK’s economy than the ongoing coronavirus pandemic. Brexit was expected to “reduce our long run GDP by around 4 per cent,” according
to the Office for Budget Responsibility (OBR). Chancellor Rishi Sunak is convinced that the UK is benefiting from Brexit, despite warnings from the govern‐ ment’s budget watchdog. Sunak com‐ mented: “What I’m doing is making sure that we capitalise on the opportu‐ nities that Brexit has brought. We’re seeing the benefits that it will bring to the economy, and our ability to sign trade deals around the country.”
Affordable Covid drug
UK. The research discov‐ ered that the risk of hospi‐ talisation due to Covid dropped by 32 per cent when given the drug. The study was co‐led by Edward Mills, a researcher at McMaster University in Canada. Mills explained: “Fluvoxamine is, so far, the only treatment that if administered early, can prevent Covid‐19 from be‐ coming a life‐threatening illness. “It could be one of our
most powerful weapons against the virus and its effectiveness is one of the
most important discover‐ ies we have made since the pandemic began.”
and finally...
THE world’s first 100 per cent electric fire engine, called Revolu‐ tionary Technology (RT), has been presented at an event in Madrid. Among those attending were Carlos Novillo, the Vice Minister of the Interior and Directorate of the Madrid Security and Emergencies Agency 112, and Christian Ebner, the Austrian ambassador to Spain. Also present were members of different fire brigades from different autonomous communities, as well as representatives of AENA, the Army, members of the UME, and AIRBUS.
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10 EWN 4 - 10 November 2021 EXCLUSIVE
NEWS
Gucci Wars: Marbella’s Hollywood connection BRITISH author Mary Harboe was living in Marbella when she first met Jenny Gucci in 2008, a meeting which spawned a book that has reportedly caught the eye of the cast of Ridley Scott’s upcoming film, House of Gucci.
STARRING Lady Gaga and Jared Leto, the film focuses on the murder of Italian busi‐ nessman Maurizio Gucci, head of the Gucci fashion house, by his ex‐wife Patrizia Reggiani. And Mary’s book, Gucci Wars: Jenny Gucci’s Sto‐ ry, is thought to have been read by the film’s entire cast. Based on the fascinating dy‐ nasty of the Gucci family, Gucci Wars was originally released in 2008 and was even named the Daily Mail’s Book of the Week.
Now set for re‐release, it ex‐ amines the betrayal, intrigue, and ultimately murder, that marks the family’s history, told from the perspective of Jenny Gucci, the wife of Maurizio’s cousin, Paolo Gucci. Former TRE radio host Mary Harboe told the Euro Weekly News how the book came about, saying that she first met Jenny Gucci at a charity dinner in Marbella. Mary told the EWN: “We started talking and she said her name was Gucci, one of the
MARY HARBOE: Her new book, Gucci Wars: Jenny Gucci’s Story, is due for release on November 1.
most famous names in the world.” She added: “Everyone has a
story but when she started telling me hers I was amazed. “She’d been asked to do
documentaries about her life previously and always refused. But when I met her the time was right and she agreed to let me tell her story, which I did in 2008.” The book was released to rave reviews, however it was when Mary discovered that Ri‐ dley Scott was planning a movie based on the dramatic murder of Maurizio that she decided to re‐release her own book, tracing the story of Jen‐ ny’s time living in Marbella and her role in the Gucci dynasty. She told the EWN: “When I found out they were doing the film I got back in touch with Jenny and said we should we should consider updating the book, because her story didn’t end in 2008. “So this is an update and the new book has a new begin‐ ning and a completely new ending, taking her story from Marbella to London.” Mary said that her work has
now been used as a source of inspiration by the cast of House of Gucci, with star Jared Leto, who plays Paolo, getting in touch to learn more about the Gucci heir. Meanwhile, the rest of the cast, and even di‐ rector Ridley Scott, are also said to have read Gucci Wars. Mary said she now hopes the new film will revive inter‐ est in the story of Jenny Gucci. She told the EWN: “The film will be released in the US on November 26 and in the UK about the same time, so my hope is it will increase interest in the book.” Speaking about the much‐ anticipated film, she added: “Lady Gaga is amazing in it and I think she could be nominated for an Oscar for her role.” Mary’s new book, Gucci Wars: Jenny Gucci’s Story, is now due for release on November 1, and will be avail‐ able in Spain on Amazon and at The Bookshop in San Pedro.
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4 - 10 November 2021
Monster phone bill
A M A N in Murcia was shocked to receive his monthly telephone bill showing a total of €19,500. The bill was eventually cancelled by the telephone company after a consumer organi‐ sation got involved in the dispute. Due to a glitch in the phone company’s system, the client’s mobile had automatically sent more than 100,000 SMS mes‐ sages. This fault generat‐ ed messages that were sent every second, some‐ thing which was obviously proved to have not been sent by the user. The client of the phone company, who did not want his identity to be published, explained that he had been at his place of work when he opened the envelope with the in‐ voice, which was for the month of August 2020. At first glance, he thought that the amount was a little more than
SMS messages were sent.
€19, when his average consumption was usually around €70. When he saw the total was €19,484.60, it made him feel dizzy, and his company col‐ leagues were concerned about his state of health. He also explained that
the bill had not been charged to his usual ac‐ count. It had been sent to another account that had sufficient funds to pay the bill, yet it was not an ac‐ count he had authorised or provided to Vodafone. After Vodafone ignored his first two complaints, they cut his line and threatened to place him on a blacklist of defaulters and initiate a lawsuit. As a result, he contacted the association La Defensa del Consumidor, of which his wife is a member and the bill was eventually can‐ celled.
and finally...
BUZZ LIGHTYEAR goes ‘to inifinity and beyond’ in new movie trailer. After four Toy Story movies, Pixar will be releasing a new spin‐off movie, Lightyear, and the new trailer has just been released. The new film will focus on the astronaut that in‐ spired Buzz Lightyear and will be the first spin‐off film for Pixar.
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4 - 10 November 2021
NEWS
FACTS DON’T LIE
IT is our mission to deliver what you want to read, from local news and charity events to national stories and far‐ reaching international issues. But unlike other publica‐ tions, EURO WEEKLY NEWS brings you all our great con‐ tent FREE OF CHARGE, in print and online. There are no pay‐walls, no restrictions and no limit to the number of articles you can read. We give it all to you, free of charge ‐ 24 HOURS A DAY, SEVEN DAYS A WEEK. Every Thursday, in all cir‐ cumstances, our print edition is available. It gives you all the up‐to‐date news and the features you love. Our writ‐ ers work day and night to bring you the latest news from Spain and around the world, as it happens. If you can get the best stories from
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EUROPEAN PRESS DENMARK
Green future
Stoops to Conker
A DECISION by the Danish Government to confirm that it will outlaw the production of oil and gas from the North Sea by 2050 means that Denmark has become the biggest oil and gas producer in the world to finalise an end date for fossil fuel.
FOR the third year running, reigning champion Liam Duffy reached the Copenhagen Conker Championship at Charlie’s Bar, but on this occasion he had to admit defeat, bowing out to his Lithuanian girlfriend, Kornelija Ralyte, who walked away with the title as well as his reputation.
THE NETHERLANDS High charge
Less meat
THE ABN AMRO bank has decided to increase its charges to some 250 coffee shop clients who sell cannabis from €9.90 per month to €110 per month in order to ensure that it covers all costs involved in policing antimoney laundering laws.
ACCORDING to researchers at Wageningen University, the Dutch ate less meat last year than previously, but they have concluded that this is mainly down to restaurants closing during the pandemic rather than a change in behaviour and it appears that meat is still enjoyed by the majority.
BELGIUM Wolf attack
E-mopeds
THERE is clearly a down side to the protection of wolves as the bodies of 10 deer were discovered in a small semi protected park in Limburg and experts believe that one or more wolves crawled under fencing and killed the deer.
A DUTCH rental company, Go Sharing has placed 500 electric mopeds on the streets of Brussels to be rented by those who need to hop around the city, but with no designated parking areas, it is feared that they will block narrow pavements when they are finished with.
GERMANY German kricket
Christmas markets
THE first recorded game of cricket in Germany took place as early as 1858, but it is only recently with the arrival of immigrants from the sub-continent that the game has started to gather momentum and the German National team is participating in international tournaments.
THE Germans love Christmas Markets and although some are to be cancelled, others will go ahead but in two different styles. A 2G market will allow only people who have received full vaccinations to attend, but unlike some other markets, they will not have to wear masks.
FRANCE Fishing war
Book laws
FORGET the Cod War with Iceland, a new fishing war is closer to home as the French Minister for Europe, Clement Beaune said “we need to speak the language of strength since that seems to be the only thing this British government understands” and threatened trade disruption.
INTENDED to help book shops in France, the French Government has already banned Amazon from offering large discounts on the price of new books and is now looking to implement an additional law which will mean that significant delivery prices will be charged.
NORWAY Munch museum
Too heavy
AFTER years of neglect for his work, the first Munch Museum was opened in 1963, but was already too small when it opened and by 2012, Norwegians held a torchlight march demanding a new museum. Finally. this has been completed and the public admitted.
GOLD medal winner in ski jumping at the 2018 Korean Winter Olympics, Maren Lundby has confirmed that she won’t be able to defend her title at Beijing 2022 as she’s put on weight and can’t undertake the kind of dieting needed.
4 - 10 November 2021
EWN 13
FINANCE BUSINESS EXTRA TSB Bank FOR the second time in its history, the Co‐Op Bank has attempted to enter discussions with Sabadell Bank to take over TSB in the UK. The first time it had to withdraw due to financial difficulties and this time, Spain’s Sabadell said it’s not for sale.
On the Beach RYANAIR has always made it clear it prefers customers to book direct rather than through a travel agency, but now online travel agent ‘On the Beach’ has launched legal action against Ryanair claiming that it is being stopped from booking seats for its clients.
Back to work UNEMPLOYMENT in Spain fell by 127,100 people in the third quarter of this year which is the largest decrease in a third quarter since 2018 and means that more than 20 million people are now employed for the first time since the end of 2008.
Graham Norton DUE to the pandemic and reduction of the number of TV shows he was able to make in 2020, Irish chat host Graham Norton saw a 36 per cent reduction in his earnings for the year, even though he still managed to make €2.45 million.
Free gifts A REPORT by consumer watchdog Which? has revealed that sophisticated scammers who want to see third party suppliers ‘promoted’ in the Amazon trusted suppliers list are sending inexpensive gifts to different people within the UK. Known as ‘brushing’ it is estimated more than one million households have received free cheaply priced gifts they never ordered with no return address from the supplier. In addition, scammers create false accounts whereby they give exceptional reviews to companies they work with in order to encourage customers to buy goods from them although Amazon say they are working hard to stop this.
14
www.euroweeklynews.com • 4 - 10 November 2021
is the amount that Grupo Mutua will spend to take an 8 per STAT OF cent stake in El Corte Inglés, as well as 50.01 per cent of €1.105 billion its two insurance companies. WEEK
UK budget predicts rising inflation ON October 27, Chancellor Rishi Sunak announced in the Budget meeting that the UK may face a grim winter with prices in shops increas‐ ing and mortgage rate risks as infla‐ tion is expected to rise to 4 per cent. The Budget predicted a difficult winter for millions of families, with the Office for Budget Responsibility expecting CPI inflation rate will rise from 3.1 per cent in September to 4 per cent over the next year. This means more prices will rise in shops and threaten mortgage rates for the first time in decades, with an increase in the Bank of England base
rates. Sunak blamed short‐term fac‐ tors, such as recovery from the health pandemic, and insisted that GDP will rise this year to 6.5 per cent which is much higher than expected. He said: “I have written to the gov‐ ernor of the Bank of England today to reaffirm their remit to achieve low and stable inflation. “People should be reassured they have a strong track record in doing so. They have a government here at home, ready and willing to act.” Despite the announcement, the Chancellor said that he expects the economy to return to pre‐pandemic
LEGALLY SPEAKING
Can they call AGM? We are a community of 90 mixed houses and apartments. Our problem is that we have not had an AGM for more than two years. Our president lives outside Spain and spends only short periods in his property here. He refuses to contact the elected com‐ mittee members and spends the community funds without any control. He passes orders by telephone or e‐mail solely to the administrator. We wish to elect a new president, but the present president refuses to hold an AGM by referring to Corona pandemic rules. Most of our members reside in the UK. Previous AGMs were hardly attended in person by more than 15 to 20 owners, which means that the government rules of keeping distance could easily be observed. D K (Costa del Sol) The first DAVID SEARL point is that rules for com‐ YOU AND THE LAW munity AGMs IN SPAIN have been relaxed. Meetings can be held by Internet Zoom or other elec‐ tronic means. In order to call the AGM you will need to enlist 25 per cent of the owners. You must prepare a detailed agenda ahead of time, and then you can call the meet‐ ing without even asking the president. Send your questions for David Searl through lawyers Ubeda-Retana and Associates in Fuengirola at Ask@lawtaxspain.com, or call 952 667 090.
THE Spanish Government has pre‐ pared its budget using optimistic growth figures which are unlikely to be realistic according to internal and external specialist bodies. One of the measures of a country’s prosperity is growth of GDP (Gross Domestic Product) and the Bank of Spain now admits that the 2021 fig‐ ures will be lower than forecast. According to the Governor of the
levels at the turn of the year. Unemployment is expected to peak at 5.2 per cent, which is lower than the 12 per cent that was ex‐ pected, with two million fewer peo‐ ple unemployed. Sunak also announced the first successful bids for the ‘Levelling Up Fund’ to tackle disparity in the re‐ gions. The government will spend £1.7 billion on projects in 100 loca‐ tions across the UK, including Ab‐ erdeen, Clwyd South, Stoke‐on‐ Trent, Ashton‐under‐Lyne, Sunderland, Doncaster and West Leeds.
Expat advice just got easier PRE‐PAID fu‐ neral experts Golden Leaves have just made making sure you have every‐ thing in order when the time comes even On hand to assist you. easier with their brand new website. Here we take a quick look at what their new site offers. Ultra‐transparent funeral plans and payment options Their new site sets out each of Golden Leaves’ pre‐paid plans clearly and concisely, as well as what each includes and how much you will pay each month. Each of the plans comes with 24‐hour telephone help, ensuring Golden Leaves’ expert team is on hand to assist you when you need it. Expert advice Golden Leaves’ new site also offers informative articles helping you through every step of arranging a funeral; from song choices to the different funeral traditions in Spain. Questions answered And for a quick rundown of the most common concerns you might have about holding and paying for a funeral in Spain, Golden Leaves has also included an easy access fre‐ quently asked questions area on their home page. Visit Golden Leaves’ new website at www.funerals.gold enleavesinternational.com.
www.goldenleavesinternational.com enquiries@goldenleaves.com Facebook: goldenleavesspain
Optimistic growth figures Bank, Pablo Hernandez de Cos, the second quarter figure stands 8.4 per cent down on the final 2019 figure and he blames problems with the global supply chains causing industri‐ al bottlenecks, as well as an increase in material cost and high energy prices.
Spain’s Government is working on a figure of 6.5 per cent growth com‐ pared to the Bank’s latest 6.3 per cent figure (which will be reviewed in December) but Spanish commercial bank BBVA has reduced its forecast to 5.2 per cent, whilst the Interna‐ tional Monetary Fund has cut its ex‐
Cryptocurrency rules updated THE Bank of Spain has re‐ vealed new registration guidelines for cryptocurrency service providers (VASPs) in the country which will apply to banking and financial insti‐ tutions. Anyone, whether regis‐ tered with another Spanish body or not, will be required to apply to the Bank of Spain for permission to trade (which will take around three months to be reviewed) in or‐ der to show compliance with Anti‐Money Laundering regu‐ lations. The Governor of the Bank has made no secret of the fact that he considers cryp‐ tocurrency a potentially dan‐ gerous investment if uncon‐ trolled that would allow for ‘dirty money’ to be moved in‐ ternationally and allow in‐ vestors to evade tax if making a profit.
Links with Iraq CONTINUING his ongoing charm offensive with foreign leaders, Spain’s President Pe‐ dro Sánchez complimented his Iraqi counterpart Mustafa al‐Kadhimi during a recent telephone call. The Iraqi Prime Minister’s office confirmed that during the conversation, Sánchez praised the social and eco‐ nomic reforms undertaken over the past few years and was thanked in turn for the assistance that Spain had giv‐ en to Iraq during the height of the pandemic. The Prime Minister and President discussed ways to bolster the ties between Spain and Iraq, especially Kurdistan, in the fields of economy, industry, culture, investment and Counter‐Ter‐ rorism. pectations from 6.4 per cent to 5.7 per cent. The hospitality industry is still not completely back on its feet as it missed a significant amount of tourist income in the early part of summer and although the money re‐ ceived from the European Union Re‐ covery Fund will help future growth considerably, there is still plenty of work to be done on the economy.
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4 - 10 November 2021
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C LOSING P RICES N OVEMBER 2
COMPANY PRICE(P) 3I Group 1.365,50 Abrdn 253,30 Admiral Group 2.879,5 Anglo American 2.688,5 Antofagasta 1.395,50 Ashtead Group 6.188,0 Associated British Foods 1.830,5 AstraZeneca 9.246,0 Auto Trader Group Plc 608,60 Avast 559,00 Aveva 3.555,0 Aviva 401,60 B&M European Value Retail 633,80 BAE Systems 550,48 Bank VTB DRC 1,456 Barclays 196,76 Barratt Developments 653,20 Berkeley 4.271,0 BHP Group 1.851,40 BP 346,10 British American Tobacco 2.576,5 British Land Company 492,90 BT Group 144,05 Bunzl 2.730,5 Burberry Group 1.931,0 Carnival 1.532,2 Centrica 60,88 Coca Cola HBC AG 2.596,9 Compass 1.557,00 CRH 3.546,0 Croda Intl 9.529,5 DCC 6.240,0 Diageo 3.697,0 DS Smith 382,94 EasyJet 614,60 Experian 3.399,6 Ferguson 11.220,0 Flutter Entertainment 13.125,0 Fresnillo 870,40 GlaxoSmithKline 1.550,50 Glencore 354,60 Halma 3.000,0 Hargreaves Lansdown 1.563,00 Hikma Pharma 2.468,00 HSBC 441,90 IAG 164,76 Imperial Brands 1.551,50 Informa 528,60 InterContinental 5.160,0 Intermediate Capital 2.214,00
CHANGE(P) 1.366,50 255,80 2.903,0 2.758,0 1.431,00 6.248,0 1.840,0 9.259,0 608,60 559,00 3.555,0 403,10 637,60 555,20 1,456 200,95 653,20 4.278,0 1.890,40 358,30 2.576,0 495,20 146,95 2.731,0 1.947,5 1.550,4 61,24 2.605,0 1.573,50 3.576,0 9.548,0 6.240,0 3.699,0 383,90 630,00 3.399,0 11.240,0 13.295,0 886,00 1.554,20 360,50 3.000,0 1.564,00 2.466,00 444,90 169,10 1.561,00 530,00 5.190,0 2.217,00
% CHG. 1.353,00 252,90 2.875,0 2.683,5 1.391,00 6.162,0 1.810,0 9.173,0 602,20 558,40 3.506,0 400,00 632,00 549,86 1,452 196,58 644,10 4.230,0 1.846,60 345,20 2.543,0 492,30 144,05 2.690,0 1.925,5 1.529,2 60,68 2.565,0 1.551,50 3.539,0 9.512,0 6.182,0 3.657,5 379,90 614,40 3.372,0 11.145,0 12.775,0 868,80 1.540,00 353,60 2.963,0 1.553,00 2.430,00 440,70 164,76 1.542,50 524,20 5.152,0 2.197,00
NET VOL 63,43K 227,85K 36,00K 515,24K 79,52K 32,57K 74,09K 137,02K 92,00K 61,74K 49,10K 899,43K 92,88K 37,13K 157,37K 6,33M 119,25K 9,99K 1,18M 9,62M 297,31K 88,40K 2,52M 36,16K 83,86K 113,60K 1,00M 119,05K 136,49K 46,89K 9,54K 5,55K 234,42K 370,09K 383,66K 49,58K 29,68K 185,20K 77,94K 1,03M 7,67M 94,77K 23,30K 14,39K 2,80M 3,35M 116,91K 161,67K 37,52K 6,92K
COMPANY
PRICE(P)
Intertek ITV J Sainsbury Johnson Matthey Land Securities Legal & General Lloyds Banking London Stock Exchange Meggitt Melrose Industries Mondi National Grid NatWest Group Next Norilskiy Nikel ADR Ocado Persimmon Phoenix Prudential Reckitt Benckiser Relx Rentokil Rightmove Rio Tinto PLC Rolls-Royce Holdings Rosneft DRC Royal Dutch Shell A Royal Dutch Shell A Royal Dutch Shell B Sage Samsung Electronics DRC Sberbank Schroders Scottish Mortgage Segro Severn Trent Smith & Nephew Smiths Group Spirax-Sarco Engineering SSE St. James’s Place Standard Chartered Taylor Wimpey Tesco Tui Unilever United Utilities Vodafone Group PLC Whitbread WPP
5.066,0 106,95 297,60 2.750,0 678,60 291,00 50,92 7.189,0 748,80 157,15 1.831,08 949,65 223,10 8.251,9 30,98 1.723,50 2.692,0 659,00 1.490,00 6.034,0 2.292,26 600,60 703,77 4.421,3 132,12 8,83 1.650,70 1.651,8 1.644,5 714,20 1.523,50 20,75 3.641,0 1.511,48 1.295,78 2.755,0 1.287,28 1.389,00 15.910,0 1.666,00 1.575,50 464,40 153,00 272,90 238,00 3.940,5 1.049,50 108,97 3.287,0 1.050,27
CHANGE(P)
% CHG.
NET VOL
5.066,0 108,40 298,30 2.754,0 687,80 293,30 51,55 7.190,0 754,80 158,45 1.839,50 950,40 225,50 8.268,0 31,21 1.755,00 2.696,0 663,00 1.496,50 6.044,0 2.293,00 600,80 704,00 4.500,0 134,22 8,96 1.680,00 1.680,0 1.676,2 714,40 1.524,00 20,87 3.658,0 1.515,50 1.298,50 2.759,0 1.290,50 1.389,00 15.910,0 1.679,00 1.578,00 485,70 153,00 273,00 251,90 3.957,5 1.052,00 109,34 3.325,0 1.059,50
5.002,0 106,65 293,60 2.732,0 677,60 290,60 50,92 7.112,0 747,20 156,90 1.824,50 944,10 222,90 8.166,0 30,93 1.718,50 2.667,0 656,00 1.484,50 5.994,0 2.270,00 595,80 690,60 4.400,0 132,04 8,82 1.647,75 1.647,0 1.641,0 706,00 1.518,00 20,55 3.638,0 1.500,00 1.285,00 2.723,0 1.280,50 1.380,00 15.665,0 1.663,50 1.569,00 461,40 150,50 271,65 237,90 3.923,5 1.041,00 108,76 3.282,0 1.048,50
12,21K 455,07K 154,71K 21,58K 192,40K 743,43K 11,00M 55,78K 203,11K 498,26K 38,06K 304,97K 3,32M 25,75K 54,76K 143,11K 32,76K 15,99K 50,83K 70,36K 189,93K 140,57K 91,59K 672,24K 2,04M 430,74K 11,14M 11,14M 1,18M 267,00K 1,48K 306,82K 7,39K 536,20K 143,45K 18,87K 132,64K 19,14K 2,99K 122,02K 31,42K 3,86M 963,50K 1,74M 1,27M 223,26K 137,05K 9,18M 14,33K 20,57K
1.17673
0.84944
Units per €
US dollar (USD) ......................................1.15919 Japan yen (JPY)......................................131.589 Switzerland franc (CHF) ...........................1.0570 Denmark kroner (DKK) .............................7.4397 Norway kroner (NOK) ...............................9.7700
currenciesdirect.com/marbella • Tel: +34 952 906 581 THE ABOVE TABLE USES THE CURRENT INTERBANK EXCHANGE RATES, WHICH AREN’T REPRESENTATIVE OF THE RATE WE OFFER
DOW JONES C LOSING P RICES N OVEMBER 2
COMPANY 3M Alphabet C Amazon.com Amgen Apple Boeing Caterpillar Chevron Cisco Coca-Cola Goldman Sachs Home Depot Honeywell IBM Intel J&J JPMorgan McDonald’s Merck&Co Meta Platforms Microsoft Nike Procter&Gamble Salesforce.com Tesla UnitedHealth Verizon Visa A Walmart Walt Disney
PRICE 179,58 2.875,5 3.318,11 209,79 148,96 214,58 205,38 114,53 56,10 56,17 416,70 366,48 219,76 126,28 49,55 163,02 169,80 250,58 87,84 329,98 329,37 166,33 142,64 302,76 1.208,59 454,11 52,95 212,46 149,79 170,19
CHANGE CHANGE% VOLUME(M) 179,74 177,51 2,01M 2.968,0 2.871,6 1,61M 3.375,86 3.292,02 3,60M 212,09 207,77 3,10M 149,70 147,80 74,36M 214,69 206,81 9,26M 206,88 203,81 3,21M 115,09 114,05 11,21M 56,25 55,50 14,31M 56,40 55,90 11,64M 418,73 413,25 1,82M 373,57 364,70 3,38M 220,05 218,07 1,69M 126,31 123,84 5,89M 49,60 49,00 27,93M 163,98 159,40 5,84M 172,33 169,01 7,43M 251,69 245,34 4,45M 88,63 87,29 10,94M 333,45 326,00 31,46M 331,49 326,37 27,02M 168,80 165,89 3,60M 143,80 142,49 5,03M 304,86 299,72 3,82M 1.209,75 1.118,66 55,60M 465,76 451,18 2,20M 53,37 52,87 14,16M 215,25 211,45 13,20M 150,75 149,35 4,18M 171,25 169,09 8,17M M - MILLION DOLLARS
NASDAQ C LOSING P RICES N OVEMBER 2
COMPANY
CHANGE NET / %
VOLUME
Most Advanced Shopify Inc. Cl A White Mountains Insurance Group Ltd. Texas Pacific Land Corp. Silvergate Capital Corp. NVR Inc. Chipotle Mexican Grill Inc. Graham Holdings Co. Biglari Holdings Inc. Cl A Affiliated Managers Group Inc. GameStop Corp. Cl A Deere & Co.
4.15% 4.26% 3.11% 21.53% 0.67% 1.25% 3.74% 2.41% 10.70% 9.03% 4.80%
1.55M 21.15K 17.69K 3.16M 13.07K 274.1K 25.79K 81 341.51K 4.94M 2.39M
-0.45% -2.46% -0.88% -2.26% -2.02% -4.09% -0.72% -0.67% -2.32% -1.32% -2.41%
2.3K 114.09K 969 1.16M 215.41K 1.34M 33.51K 658 1.23M 109.77K 551.84K
Most Declined Berkshire Hathaway Inc. Cl A Mettler-Toledo International Inc. Danaher Corp. 4.75% Mandatory Conv. Pfd. ServiceNow Inc. EPAM Systems Inc. Aon PLC Cable One Inc. Danaher Corp. 5% Mand. Pfd. Series B S&P Global Inc. Bio-Rad Laboratories Inc. Cl A Moody's Corp.
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Currency outlook: BoE rate hike bets boost the pound, Euro undermined by ECB’s dovish bias
The pound was able to mount a convincing recovery throughout October.
ASK THE EXPERT Peter Loveday
Contact me at euroweekly@currenciesdirect.com
Euro EUR/GBP: Down from £0.85 to £0.84 EUR/USD: Down from $1.17 to $1.16 The euro has trended broadly lower over the past four weeks, mostly as a result of the European Central Bank’s (ECB) dovish bias as the policy divergence between it and other major central banks has increasingly become a liability for the single currency. Whilst its peers show signs of starting to tighten its monetary policy, the ECB remains committed to maintaining its ultra‐loose poli‐ cy, much to the disappointment of EUR in‐ vestors. Meanwhile the euro has also been pressured by Europe’s energy price crisis, trig‐ gered by a sharp appreciation of wholesale gas prices, and stoking fears parts of the conti‐ nent could even face some power cuts this winter. Recent Eurozone data releases have also acted as a headwind for the single cur‐ rency in recent weeks as they have generally pointed to a weakening of economic activity in the third quarter. Looking ahead, as the di‐ vergence between the ECB and other major central banks looks to grow wider, the euro could face an uphill battle next month, partic‐ ularly if EUR data continues to disappoint. Pound GBP/EUR: Up from €1.16 to €1.18 GBP/USD: Up from $1.36 to $1.37 The pound has been met by some volatility over the past month, with the currency initial‐ ly tumbling amidst fears over the UK’s ‘winter of discontent’, before rallying sharply amidst signals from the Bank of England (BoE) that it could start hiking interest rates more aggres‐ sively than previously thought. Driving the collapse in Sterling in late September were a series of crises, including fuel shortages, supply chain constraints and surging energy prices, which stoked concerns UK households could face a difficult winter which may further undermine the economic
recovery. However the pound was able to mount a convincing recovery through Octo‐ ber, courtesy of some hawkish BoE commen‐ tary. This saw multiple policymakers suggest that the BoE may need to act to curb infla‐ tionary pressures in the UK, which was inter‐ preted by GBP investors that the BoE could start hiking interest rates as early as Novem‐ ber. It seems safe to assume that the BoE’s November policy meeting will be the primary focus for GBP investors going forward. This could result in some notable volatility in the pound, if the BoE abstains from hiking rates or indicates future hikes could be spaced further apart than some investors had hoped. US Dollar USD/GBP: Down from £0.73 to £0.72 USD/EUR: Up from €0.85 to €0.86 The US dollar enjoyed some notable sup‐ port in late September as concerns over an energy shortage in Europe, the threat of the collapse of China’s second largest property developer and fears the US could hit its debt ceiling rattled markets and sent them flocking to the safe‐haven currency. However the US dollar has gradually relinquished these gains through October, largely in response to im‐ proving market sentiment. Meanwhile, the focus for USD investors is increasingly on the Federal Reserve’s tapering plans, which it is widely expected to formally announce in November. This prompted some volatility in the ‘greenback’ following the release of the latest US payroll figures after they disappoint‐ ed for the second month running, raising some fleeting doubts the Fed would be confi‐ dent in pushing ahead with its tapering of its asset purchases. Unsurprisingly the Fed’s ta‐ pering announcement will be the highlight for USD investors over the next month, with the direction of the US dollar potentially being de‐ termined by the pace at which the US central bank seeks to withdraw its pandemic‐era stimulus. Currencies Direct have helped more than 325,000 customers save on their currency transfers since 1996. Pop into your local Cur‐ rencies Direct branch or call us to find out how you can save money on your transfers.
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4 - 10 November 2021
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4 - 10 November 2021
LEAPY LEE SAYS IT OTHERS THINK IT I DON’T think any occurrence has raised my hackles much more than the event which took place in South Africa this week. After a recent match, Quinton de Koch, an established young mixed race SA international cricketer, was made to deliver a grovelling public apology for refusing to take the knee with his teammates. It soon became clear that if he didn’t make some serious act of contrition his cricketing career could well be over. Of course, in a place like South Africa, where most of the white and Asian population ‐ many who weren’t even born during the days of apartheid ‐ are treated with appalling disdain, both by the government and local black populace alike, it was not surprising at all. Many white South Africans live in constant fear of serious injury or death daily. Those who can afford it live behind high walls with guard dogs and guns that are a normal part of their everyday existence. Those less well‐off often reside in filthy ‘interment’ camps where, unable to find work, they consider themselves lucky to possess a ragged shirt on their backs or
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Toe the line
enough food to keep them from starvation. This unfortunate young man had no chance whatsoever. Protesting that he wasn’t a racist and was merely in disagreement with the fact that being ‘ordered ‘to kneel removed his freedom of choice, cut no ice with the authorities whatsoever. ‘Toe the line or take the consequences’ is the message that emerges from this incident. It is pure fascism, no more no less. Naturally the British media gave blanket coverage to this young sportsman’s humiliating public apology ‐ because they wholeheartedly condoned the decision. Governments refuse to get involved in all this destructive ideology because they are petrified of it costing votes; their lily‐livered attitude consequently gives news channels carte blanche to report only what they consider agrees with their own left‐wing philosophies. Trial by the media is rife in the UK. Anyone who has anything to lose is completely at their mercy. Although concealed behind a cloak of democracy it is actually no different to the doctrine of
Mao Si Tung and Kim Jon‐un. Love him or hate him, Trump recognised this subversive strategy, which is why he worked relentlessly to cut out the ‘media middle’ and deliver his policies directly through the social outlets. Of course this is why the main media hated him. Well, I hope they are all proud of themselves. The British propaganda machine is, yet again, so completely out of touch with public opinion they have managed to instill more racist unrest into the country than ever before in its history. I wonder how many British sports people do actually take the knee out of choice, or more out of the fear that a media onslaught could lose them everything. Unfortunately none of them could dare admit it anyway. Yep, I’m afraid the only thing George Orwell got wrong was the date! Keep the faith. Love Leapy leapylee2002@gmail.com expatradioscotland. Mon and Fri. 1pm till 4. To read more articles from our columnists and to have your say in the comments go to www.euroweeklynews.com
Leapy Lee’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors.
FEATURE
Travel
Exploring the Granada Geopark THERE are not many places in the world where you can experience 65 million years of history in a visit. But there is one area where you can rub shoulders with geologists, historians, archaeologists, and anthropologists. One area that shows the tectonic processes that created this land. One area that has evidence of the first humans to settle in Europe. One area with ancient monuments dating back to the earliest farmers. And one that has a continuous record of occupation to the present day. That area is the Granada Geopark. The Quaternary Geological Park project, in the northern valleys of the province of Granada, is an initiative to protect the most complete continental geological record of the
Quaternary era on the planet. Due to its exceptional geological, landscape and cultural richness, 47 municipalities in the Hoya de Guadix and Baza (Guadix Baza Depression) are represented in the Granada Geopark. The Granada Geopark is a place to explore. Whilst there are a plethora of interpretation centres and museums illustrating all aspects of the Geopark there is no more exciting way of delving into the area than on foot. You will often find yourself off the beaten track, discovering the hidden secrets of this incredible landscape. It is a venue for scientists and researchers from all over the world. We are lucky to live on its doorstep.
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FEATURE
www.euroweeklynews.com
4 - 10 November 2021
Remember the main message CLAIRE GORDON FINDING BALANCE IN AN UNEVEN WORLD TAKING the knee has come back into the news again this week, with cricketer Quinton De Kock sitting out of a match after his refusal to complete the gesture. Cricket South Africa had issued a directive that all players must join in with the move before their scheduled matches. These actions, by both player and management, are dividing opinion and being picked up by both sides to justify their way of thinking. Taking the knee is a symbolic gesture to highlight racial inequality. It came about in this form after the murder of George Floyd in the US, who died when on-duty police officer Derek Chauvin knelt on his neck for more than eight minutes. This in turn sparked Black Lives Matter protests all over the world and resurrected the motion first made by Colin Kaepernick as a protest before NFL games about the racial inequality and police
brutality in America. One of the first representations of this was Josiah Wedgwood putting the image of a black man kneeling in shackles on the emblem of the British Abolitionist Movement during the 18th and 19th centuries - a movement to ban slavery and ill-treatment of people. But absolutely none of this history matters in the current debate around sportspeople making this show of solidarity now, and I will tell you why. The outrage, and debate, and the masses of vitriol spouted about this movement is all done on purpose to distract everyone from the main message it represents. This is the way things always go when something gains traction that could upset the status quo. The more the debate centres on people taking the knee, the less it must talk about the structural injustice that has instigated the need for the motion at all. The more that football fans down the pub can say ‘politics need to be kept out of football’, the easier it is to not discuss the racist chants they hear at the games. The more that politicians can disparage or
celebrate the gesture on television the more time they don’t have to answer questions about why their policies are disproportionately negative towards black people. We must keep asking those questions and we also must keep doing more than just a gesture to help change those things. I am in total favour of people taking the knee when they want to, and I believe that it still can be a valuable tool for change. What we need to do is to keep alight the spark and the information behind the gesture, and to not keep our conversations around the gesture alone. I think that asking questions of the people we know personally who boo the deed or rail against it is important too. Why do eight little seconds taken out of the beginning of a sports game make them so uncomfortable? Could it be that they are uncomfortable with the message it portrays? These are crucial things to discuss! To read more articles from our columnists and to have your say in the comments go to www.euroweeklynews.com
Claire Gordon’s opinions are her own and are not necessarily representative of those of the publishers, advertisers or sponsors.
EWN 21
Travel
UNKNOWN IDENTITY: The girl rests eternally under glass.
Segovian mummy mystery CONSIDERED one of the most beautiful towns in Spain, Maderuelo in Segovia hides a 500-year old unsolved history. Inside one of the churches of this medieval location is a mummy whose identity is still unknown. The mummy is a girl who rests eternally under glass, before the eyes of the thousands of tourists who go to visit her each year. No one knows who she may be. Her origin, history and name are all lost in time. Carlos Velazquez, the writer, penned these words about the ‘Dead Maiden’ based on a 17th-century legend: “Some say that she died
during the absence of her father when he travelled to pay homage to the king. It was a time of noble brawls and civil strife. Others affirm that the plague took her away, which left so many orphans in Maderuelo. Her heartbroken father ordered her to be dressed in her best clothes. “She looked like a beautiful sleeping angel when that cold slab of black slate covered her sleep in the Chavez chapel. On the slab, a stonemason sculpted a low-cut shield, quartered in a cross, with a rampant double-headed eagle, five keys, a tree among rampant dogs, and 13 gold bezants, all good proof of noble ancestry.”
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22 EWN
www.euroweeklynews.com
4 - 10 November 2021
FEATURE
THE MOTIVATION EQUATION
TONI C. EASTWOOD OBE, MBA
#TheWomanBeyond I DO love a simple tool and in this case an equation, to help me get and stay motivat‐ ed. After all, if you are like me, sometimes getting motivated takes a lot of willpower, so if we can make it easy then why not? As maths has always made me want to curl up in a ball and die, I can imagine you screaming at me, what is she on, AN EQUA‐ TION!!! Honest bear with me on this, I recommend keeping this little beauty on your notice board and using it to see where your motiva‐ tion may be waning and how to keep it strong. Honestly, this has helped me so many times when I’m just not feeling it. After analysing hundreds of studies on mo‐ tivation, leading research scientist, Piers Steele, came up with this equation to capture the essence of motivation. M = E x V (Numerator) I x D (Denominator) Motivation = Expectancy times Value di‐ vided by Impulsivity times Delay. First thing to notice for us non‐maths ex‐
perts, if you’re after BIG Motivation, you’d better have a big numerator and a small de‐ nominator. What does that mean? We need to hike up our Expectancy and Value and drive down our Impulsivity and Delay. Expectancy. A better word is Confidence. You have to expect that you can bring your goal to life. You have to KNOW (!!!) that you can do it. Now, you may or may not actually achieve your goal, but you have to know in your soul that it’s not only possible but you think you can do it. If you don’t feel that, then you ei‐ ther need to simplify your goal until you can or build your confidence so you can. Value. I often start here. Before I ask my‐ self whether or not I really think I can have it, I need to ask whether I really (!) want it. Our DESIRE needs to be extremely high. Back in the day Napoleon Hill called this a “burning desire”. So, What do you want to achieve in your life? Like really, really want? Is your motivation high? If not, check in. Are you going after some‐ thing you REALLY want? And, if so, do you RE‐
ALLY believe you can have it? If not, science and my experience says that your motivation will be weak. Tweak these two variables so they are through the roof and you’ve a shot at a very high level of sustainable motivation. Now for the things that erode motivation. Impulsivity. Can you focus your attention on what’s most important? Or, do you find yourself constantly distracted by the latest click bate, email alert or other shiny object? I know I can easily get distracted. The higher your level of impulsivity, the lower your level of motivation. We need to get really good at eliminating all distractions and focusing on what will move us forward. I have switched off ALL Notifications ‐ End Of!!. Delay. Another great way to erode motiva‐ tion is to make your goal really far off, delay doesn’t help. There’s a Solution, however, create micro goals that give you the chance to create a constant stream of tiny wins. A PERFECT way to fuel the fire as you crush it day in and day out. In my experience, it’s incredibly powerful, when my motivation wanes, I love to bust
out a piece of paper and write down the for‐ mula and look for little ways to optimise each variable to pump up my motivation. It works, I use this with my clients too. Try it. Stay Focused, Keep Positive and Choose to +1 in Every Moment. Fulfil Your Dreams and Awaken Your Greatness! Love, Hugs, High Fives and Fist Bumps Toni x PS. Want to get laser focused on your Vi‐ sion or Biggest Most Audacious Goals? Get a FREE e‐copy of my Book #The Woman Be‐ yond – Six Secrets to Success. https://quantumvantage.co.uk/thewom anbeyond ‐ Want PERSONAL TRANSFOR‐ MATION or BUSINESS SUCCESS? Don’t hold back another moment. Get ready to dive into the experience and explore your BIGGEST MOST AUDACIOUS GOALS. To read more articles from our columnists and to have your say in the comments go to www.euroweeklynews.com
Please do get in touch if you have any questions. Follow me, chat and share your thoughts and network with other fabulous women in my Visionary Women Facebook Group.
@tonieastwood
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WATCH YOUR LANGUAGE!
APPARENTLY, the world’s most commonly used word is ‘Okay’. But, apart from their use of this word, all the five major Western European languages (English, French, Ger‐ man, Italian and Spanish) are totally differ‐ ent, each with its own grammar, vocabulary and pronunciation. Because, apart from the pronunciation, Italian is so similar to French, I have not quoted any examples in Italian. Likewise, Portuguese and Spanish. English and French spelling and pronuncia‐ tion can be completely illogical. Each German, Spanish and Italian word (except those of for‐ eign origin) is pronounced in accordance with the way it is spelt, unlike words such as ‘thor‐ ough’ and ‘merveilleux’. Each language has its own distinction from all or some of the others. For example, only Spanish has two different words for ‘to have’ (tener and haber) and ‘to be’ (ser and estar). Only English nouns have no gender. The definite article is invariably ‘the’. Only one common adjective (blond/blonde) changes its gender. German is the least Latin of these lan‐ guages. And yet it is the only one to change the articles in recognition of the genitive, da‐
EUROPEAN LANGUAGES: Each are totally different with their own grammar etc.
tive and ablative cases. ‘Under the tree’ = unter dem Baum. Ony German has three genders. For exam‐ ple, ‘spoon’ (der Loeffel) is masculine, ‘fork’ (die Gabel) is feminine and ‘knife’ (das Mess‐ er) is neuter. In English and Spanish, the auxiliary verb with the past participle to form the perfect tense is always ‘have’ (seen/come) or ‘he’ (visto/venido). The verb in German, French and Italian uses ‘to be’ if the participle im‐ plies movement or transition etc.) Ich habe
gesehen/ich bin gekommen or j’ai vu/je suis venu. Unlike French, Italian and Spanish, in En‐ glish and German, the adjective precedes the noun. But the prefix can be detached from many German verbs and sent to the end of the sentence, depending on the context. The order of words in a standard German sen‐ tence is very often quite different from the other languages. Spanish follows Latin by dispensing with personal pronouns except when required for
emphasis. This is because the hidden pro‐ noun is clear from the verb. Hemos visto = ‘We have seen’. In Spanish, the accent serves two purposes. It indicates which syllable has the stress. If the stress is not on the penultimate syllable, then it is on the syllable with the accent over the vowel, as in Córdoba. It also distinguishes be‐ tween two mainly monosyllabic words with the same spelling but different meanings. Ex‐ amples are si (if or yes), el (he or the) and mas (but or more) etc. In English, depending where the accent falls (and there are no accent marks) the same word can have different meanings. ‘In‐ valid’ and ‘entrance’ are two examples. You have to know where the stress is on such words as interest, interment and interact, as there are no clues. There is only one word for ‘you’ in English. There is no distinction between familiar and formal or singular and plural. To read more articles from our columnists and to have your say in the comments go to www.euroweeklynews.com
David Worboys’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors.
24 EWN
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4 - 10 November 2021
FEATURE
SAME OLD CLICHÉS, SAME OLD JARGON? TIME TO MOVE ON
NORA JOHNSON BREAKING VIEWS
Nora is the author of popular psychological suspense and crime thrillers and a freelance journalist. To comment on any of the issues raised in her column, go to www.euroweeklynews.com/3.0.15/nora-johnson
YOU really can’t switch on the telly with‐ out being informed that this or that is ‘challenging’ or that ‘lessons need to be learned’. A former security minister ac‐ cused Sadiq Khan, the mayor of London, of not being better prepared for this sum‐ mer’s Wembley Euro Final: “The mayor has said lessons need to be learnt, but perhaps he should specify what lessons should be learnt and why all the previous lessons haven’t been learnt already, giv‐ en he’s responsible for them.” Ouch! Sound familiar? But politicians should always avoid be‐ ing sarcastic with the Westminster press as it can often backfire. In a new book on politics, former BBC political correspon‐ dent, Carole Walker, describes David Cameron getting hacked off on an over‐ seas trip with the press pack who had claimed he was planning cuts to the SAS. “You forgot to mention I’m also going to get rid of the Red Arrows,” the then PM in‐ formed the hacks. After he left, his press secretary as‐ Nora Johnson’s opinions
SADIQ KHAN: “Lessons need to be learnt.”
ing ‘Steptoe’ to a 9pm start helped him win (or hold) 20 seats. (His majority was only four.) Indeed, maybe you watched the full rerun last year of the BBC 1964 election night ‐ and the next morning and afternoon? And a memorable line, when interviewed at 3am. Interviewer: “How do you feel, Mr Wilson?” HW: “I feel like a drink.” I couldn’t have put it better myself! Nora Johnson’s psychological crime thrillers ‘The Sentinel’, ‘No Safe Place’, ‘Betrayal’, ‘The Girl in the Woods’, ‘The Girl in the Red Dress’, ‘No Way Back’, ‘Landscape of Lies’, ‘Retribution’, ‘Soul Stealer’, ‘The De Clerambault Code’ (www.nora‐johnson.net) available online as eBook (€0.99; £0.99), Apple Books, pa‐ perback and audiobook. All profits to Costa del Sol Cudeca cancer charity.
sured everyone this was just a bad‐tem‐ persuading the BBC to move the time of pered joke. But the next day’s Daily Mir‐ ‘Steptoe and Son’ on the evening of the ror ran: ‘Red Arrows Face Axe’, quoting 1964 election because he feared it’d give ‘sources with the prime minister’. The fu‐ those at work an excuse not to vote after rious press secretary demanded a correc‐ work. The then BBC director‐general asked tion resulting in the Mirror running a sto‐ Wilson what he would rather they broad‐ To read more articles from our columnists ry declaring victory in its ‘Save the Red cast instead. “Greek drama,” Wilson and to have your say in the comments go Arrows’ campaign. replied. “Preferably in the original.” to www.euroweeklynews.com Walker also describes Harold Wilson Wilson later claimed he reckoned mov‐ are her own and are not necessarily representative of those of the publishers, advertisers or sponsors.
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IF you are still planning a trip this year you still need to plan early for pet and house‐sitters. Perhaps you are already making plans for a staycation get away. Even if you are planning just a short trip, you’ll know that you simply can’t travel with some pets. Young pets in particular may benefit from staying behind so they can follow their routines at home. So, plan ahead. Take a moment to plan ahead for pet and house‐sitters, if you have trips planned for this year. Now is the time to get ready. We will help you as much as we can. Our philosophy is that we are all in this together. These are the steps to take: 1. Register as a homeowner on House SitMatch.com 2. Choose a Premium account (£89 per year) to ensure you can help online when needed 3. Create a profile with photos of your pet and the house 4. Post a house‐sit advert stating your plans for next year’s holiday Covid per‐ mitting Do you need a pet‐sitter in 2021? Then get started right now. How does it work?
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Collaring insight Music to please their little ears and empathy A JAPANESE engineer and biologist invented a collar which can tell us exactly what our pet dog is feeling at any given time through colour changes. The invention, named Inupathy (a combination of in‐ sight and empathy) works by analysing dogs’ heart rates using algorithms which vary depending on the current activity and translate the results into a colour code. Red means nervous, blue relaxed, white concen‐ trating and rainbow happiness, inventor Joji Tam‐ aguchi explained. The collar also connects automatically to a mobile app which gathers emotional and physical data on the dog each day and later reports on the intensity of feel‐ ings reported, allow‐ ing owners to bet‐ ter understand their four‐legged friends, Tam‐ aguchi has said. The inventor is currently trying to raise funds on Indiegogo crowd‐ funding website to help improve his collar, which should be avail‐ able for purchase in the near future DOG COLLAR: Changes colour.
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ROAD TEST by Mark Slack IT’S rare to find a complete‐ ly new marque entering the motoring arena. Rarer still when the company behind it has never been a vehicle manufacturer. Ineos is not a particularly familiar name to many, and for those who are aware known largely for chemicals, including medical applications, and energy generation, includ‐ ing renewables. It has also dipped its corporate toes into the motorsports arena with the Mercedes‐AMG Petronas F1 team. One of its consumer brands is the British fashion label Belstaff. The com‐ pany has a long motor racing and sporting heritage famed amongst many things for supplying waxed motor cycle jackets to Lawrence of Arabia and the ac‐ tor Steve McQueen. The Grenadier 4x4 is the first offering from Ineos and a genuine off‐ roader that, rather obvious‐
4 - 10 November 2021
Ineos Grenadier a properly impressive off-roader ly, takes a lot of cues from the old Land Rover Defend‐ er. After getting up close with a Grenadier prototype it is a properly impressive vehicle. Power comes from BMW 3.0‐litre straight six, twin‐ turbo petrol or diesel units
mated to ZF eight‐speed au‐ tomatic gears with manual override. The off‐road ability comes from three diff‐locks and a two speed transfer box. Inside there is a welcome lack of digitisation in favour o f
buttons and switches that can be operated with a gloved hand. In a touch of aviation appreciation there is an overhead console with pre‐wired buttons so that accessories can be installed retrospectively with ease. This largely analogue inte‐
GRENADIER 4x4: The first genuine off-roader that takes a lot of cues from the old Land Rover Defender.
rior will be welcomed by many, and especially those who need practical vehicles for work use. And the Grenadier is definitely a working vehicle. Steel wheels, hose clean flooring and a mechanical rather than technical bias in the engineering underline the planned working cre‐ dentials of the Grenadier. Along with the use of proven BMW power units the Grenadier comforts its occupants with Recaro made seating.
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Even while being driven over some rough terrain the seats are superbly comfort‐ able and hold you in posi‐ tion whatever the terrain. Prices will start from £48,000, which is more than I expected, but certainly in line with this kind of vehicle offering from other manu‐ facturers. This very capable new‐ comer is set for full launch around the middle of next year with reservations al‐ ready being taken. Sir Jim Ratcliffe, Chairman of INEOS, and the man be‐ hind the Grenadier, said: “The Grenadier project started by identifying a gap in the market, abandoned by a number of manufactur‐ ers, for a utilitarian off‐road vehicle.” Gap filled!
Facts at a Glance • Model: Ineos Grenadier • Engine: 3.0-litre, straight 6, twin-turbo petrol (285 PS) and diesel (249 PS) engines • Gears: 8-Speed ZF automatic with manual override • Price: from €56,951 (£48,000) Model covered was a prototype UK-specification and equipment levels and prices may vary in other markets.
Solar energy to be used to recharge electric cars ELECTRIC cars have many economic advan‐ tages compared to their fossil fuel counter‐ parts. Apart from the obvious, the purchase price, which is still significantly higher, they have less need for periodic maintenance, thanks to the elimination of certain compo‐ nents. The price it costs to recharge their bat‐
teries is also a lot cheaper than putting in fu‐ el. Recent studies keep giving the same re‐ sults, that an electric vehicle is more prof‐ itable and cheaper in the medium and long term. But, new research by a Norwegian photovoltaic company Otovohas, has con‐ cluded that zero‐emission cars can be even
cheaper to use. This Scandinavian company has investigated, and confirmed that charg‐ ing electric vehicles with solar energy, they would be up to 12 times more economically profitable than with fossil fuel. Their calculations are even more attractive when compared to the cost of a trip in an
electric car charged with solar energy. It claims that the price that would be one cent per kilometre, compared to the 10 cents that it would cost with a petrol vehicle. The aver‐ age annual savings calculated from using this type of renewable energy is estimated at €859 compared to combustion models.
SPORT
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NO SEPARATING THE OLD RIVALS Spurs counting on Conte
THE Walking Dead played host to their Old Rivals Malaga when the A and B teams met on Wednes‐ day October 27 at the Finca Naundrup. Typical of the battles between these two, both matches were hard fought, edgy, but played in the true spirit of the game and well controlled by referee Adam Chan‐ dler. Goals were scarce due to some good saves by both goalkeepers in the B team fixture, it fin‐ ishing 0‐0 and the A team’s 2‐2. It keeps Malaga top of the A HIDROMASTER Pre‐ miership with the Walk‐ ing Dead one point be‐ hind. The other teams close behind. Viñuela B stay top of the Champi‐ onship with only one point separating second top and second bottom. Viñuela have a Social Football session with all
Malaga’s new kit.
welcome from 7pm on a Thursday. Nerja are bottom place in both leagues and have yet to win a game, but are confident they will soon turn things round. The squad is growing as is the confidence and they are sure their first win is not far away. Perhaps at League leaders Viñuela
this coming Sunday? Nerja are looking to re‐ cruit more players. Over 50? Go along to the Par‐ que Verano Azul in Nerja on Sundays from 11am to 12.30pm. Malaga continue their crusades after the Algarve tournament travelling fur‐ ther up the coast to Mo‐ jacar for a MIni Costas
Tournament representing the Costa del Sol along with a Benahavis select al‐ so appearing. From Ali‐ cante, Costa Blanca there will be Esquina Park Rangers and Los Amigos from Costa Almeria. Calahonda WFS will travel to Gibraltar on Wednesday November 10 for their ‘Annual’ trip, postponed last year due to the pandemic. Finally, Sunday October 31 saw the closing date for the Walking Football Association of Iberia Com‐ mittee Election. It was a case of a last‐minute flur‐ ry of nominations after a disappointing slow start to the campaign. Howev‐ er, all posts, except the Tournament Director’s post which will go to a vote, were filled allowing the Committee to sit as soon as the voting is com‐ plete. More next week.
AFTER Spurs said “no, no” to Nuno, bringing the Por‐ tuguese head coach’s short reign in charge to a swift end on November 1, they wasted no time in appointing a re‐ placement. CONTE: One of the topStep forward Antonio Con‐ rated coaches in the te, one of the top‐rated coach‐ game. es in the game who was a free agent after walking out on cash‐strapped Inter Milan in the sum‐ mer. The Italian won the league title with the Milan club but quit af‐ ter key players were sold. He now faces the challenge of reinvig‐ orating a Spurs side that fell to ninth in the table following defeat to Manchester United on October 30. That loss prompted the removal of Nuno Espirito Santo who only signed a two‐year con‐ tract in the summer and took charge of just 17 matches. Managing director, Fabio Paratici had this to say about the new recruit: “Conte’s track record speaks for itself, with vast ex‐ perience and trophies in both Italy and England. I know first‐ hand his qualities, having worked with him at Juventus, and look forward to seeing his work here.” Conte turned the job down before but explained his U‐turn: “The contagious enthusiasm and determination of Daniel Levy in wanting to entrust me with this task had already hit the mark. Now that the opportunity has returned, I have chosen to take it with great conviction.”