THE BEST FINANCE NEWS ON PAGES 12 - 15 Issue No. 1913
Numbers decrease ANOTHER good month as far as un‐ employment in the Balearics is con‐ cerned as in Febru‐ ary, the number of unemployed dropped by a fur‐ ther 1,931 people, beaten only by the Canary Islands and Madrid. Better still howev‐ er, according to in‐ formation published by the National Min‐ istry of Labour and Social Economy on Wednesday March 2, the Balearics (with the largest number of jobs in Mallorca) actually saw an overall annu‐ al reduction of just over 32,000 repre‐ senting a massive 38 per cent reduction. This is the best fall in percentage terms in all of the Au‐ tonomous Commu‐ nities and more peo‐ ple have been taken on with contracts than for some con‐ siderable time. With the news that tourist flight bookings are begin‐ ning to take off and the expectation that there could be record numbers of visitors this sum‐ mer, then it follows that more jobs will become available during the year.
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DAY OF HOPE SPEAKING at the presentation of the Community gold medals and the Ramon Llull Awards on February 28, President Armen‐ gol spoke of “the day of hope and hope recovered.” On the day before the cele‐ brations for Balearic Day, she made it clear that in her opin‐ ion 2022 was a year to cele‐ brate thanks to the ever‐im‐ proving health situation and the progress of vaccination across the islands. Her speech focused on how the society of the Balearic Is‐ lands has worked together to overcome a situation as com‐ plicated as that of Covid‐19. “We have tested the capaci‐ ty of people, which for seven years have been building solid and lasting consensus, agree‐ ments that have given us light and stability in the worst mo‐ ments and that now allow us to look to the future with a pro‐ gramme of reforms and progress that belongs to all,” she said. Then added “Today we know our priorities better than ever. We were moving before the pandemic, and during
Credit: Balearic Government
PRESENTATION: President Armengol looked to the future.
these two years we have found that the path is the right one,” referring to the commitment to innovation, ecological transi‐ tion, the promotion of research and diversification. During her remarks, the President also spoke about the
victims of the war in Ukraine and said that, “despite the dis‐ may at the pain of the return of the war to Europe, we have been able to face the threat of the virus and to protect our public welfare network, so we will overcome any challenge.”
FREE • GRATIS
Vintage results WINE drinkers and producers can look forward to some choice tipples as the sale of Balearic wines was 36 per cent higher in 2021 than in the previ‐ ous year. Wines with Denomination of Origin (DO), Binissalem and Pla i Llevant, both based in Mallor‐ ca had a really good year with overall sales up by some 49 per cent but even the Vi de la Terra (Vin de Pays in French) have seen jumps of up to 30 per cent. The Balearic wine industry has almost recovered to reach 2019 volumes, missing out by just 3.6 per cent and the top bodegas have performed excep‐ tionally well. Red continues to be very popular and is the largest seller, but its growth in sales whilst im‐ pressive has been overtaken by both rosé and white wines. Perhaps to be expected, the main market is within the Balearics, with some 78 per cent of the 47,754 hectolitres of wine produced being sold within the islands.
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Mallorca hotels open by April THE reactivation of the hotel sec‐ tor on Mallorca is growing steadi‐ ly. According to data released on Thursday, February 24, by the Ho‐ tel Business Federation of Mallor‐ ca (FEHM), by April around 84.3 per cent of the island’s hotels will be fully operational. March will see about 42 per cent of the facilities already open for business. This year, as announced at Fitur in Madrid, the owners of hotel establishments in Mallorca made the decisive commitment of opening earlier in the year. In April, 84.3 per cent of the ho‐ tels, adhering to the FEHM trust to be open and active, a figure that is five times the number of estab‐ lishments open in April 2021. However, the FEHM has stressed that all this is likely to change at the expense of the con‐ sequences of Russia’s invasion of Ukraine. The repercussions on the geopo‐ litical framework, and the effects on the economic recovery, may yet determine the future of the coming months.
Paco de Lucia remembered POSSIBLY the greatest flamenco guitarist of all time, Paco de Lucia fell in love with Mallorca and spent his later years living on the island be‐ fore dying of a heart attack whilst on holiday in Mexico aged just 66. The Paco de Lucia Foundation raises funds from an annual series of concerts dedicated to him which take place in Palma and this year there will be five running from Wednesday March 9 to Sunday March 13. The first two take place at 8pm on March 9 and 10 at the Teatre Principal with a perfor‐ mance by siblings Soleá Morente and Kiki Morente on the Wednesday and then on the following day, it’s the turn of composer and mu‐ sician Francisco Contreras Molina, known as the Niño de Elche. The final three concerts take place at the M Xesc Forteza Theatre with the opening night fea‐ turing the album Amor by Israel Fernández and
THE last few days of February were busy ones for amateur horticulturists as first on Febru‐ ary 25, the mayor of Palma Jose Hila and colleagues attended the CEIP Rafal Vell school for the planting of shrubs and trees. In all, some 130 specimens in‐ cluding sage, lavender and strawberry as well as four trees
Credit: El Yiyo Facebook
DANCER: El Yiyo wants to celebrate.
Diego del Morao, whilst the following night wel‐ comes singer Rosario Guerrero known as La Tremendita. Bringing the festival to a close is dancer El Yiyo with his newly created Jubilee performance, which is partly improvised with the intention of celebrating life as if at a family party.
Greener Palma
were planted and this is part of an initiative started in Novem‐ ber to give schools in Palma more green space and eventual‐ ly additional shade. Then on Sunday February 27 around 150 people, many of
them youngsters, were involved in additional planting next to the Miquel Nadal football field with the main species being olive and carob trees. A further planting session is due to take place on Sunday March 6 in the Belver Forest and is part of the programme to eventually plant 10,000 trees throughout the Palma City limits.
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Sustainable tourism A SPECIAL meeting, the Summit on Sustainable Destinations, Leading the Transformation will take place in Palma on April 7 and 8. Organised by the Fundació Mallorca Turisme of the Consell de Mallorca in coordination with the World Tourism Organi‐ sation it will be held at the Pal‐ ma Congress Centre and on April 6, the island will also host a working meeting of all UNWTO sustainable tourism observatories. All of the meetings may be attended in person or online and interested parties are invit‐ ed to register at https://mallor casustainablesummit.com/. There will be four main topics at the summit based on water, solid waste, circular economy and analysis of data for sustain‐ able decision‐making. It will feature key players in the tourism sector, journalists and academics, as well as all those promoters of measures that, from their immediate en‐ vironment, are contributing to real change.
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NIBS EXTRA Vacubús returns THERE’S still time to take advantage of the Vac‐ ubús which is back in Pal‐ ma at the Plaza de Es‐ paña from 9am to 8pm until Friday, March 4 where it will be possible to have the first Covid‐19 inoculation without ap‐ pointment as well as the booster.
Top destination ACCORDING to a TripAd‐ visor poll, Mallorca is ranked number 1 in the trending holiday destina‐ tions for 2022, whilst the Playa de Muro Beach is rated number 17 in the world and is the only Spanish beach in the top 25.
Ceramic fair RUNNING from March 5 to 13 the annual Mar‐ ratxi Fira del Fang (ce‐ ramics fair) will include a market with local pot‐ ters offering their wares, numerous workshops, as well as a special compe‐ tition for potters with a €3,000 first prize and a central theme of kitchens of the world.
Ukrainian triathletes FIVE Ukrainian triathletes together with their coach and one of their wives ar‐ rived in Mallorca on Febru‐ ary 16 from Kharkov and are now stranded in Alcudia whilst waiting to discover when they may safely re‐ turn home. Some assistance is being given locally.
Guardian Angels MEMBERS of the AAVV es Fortí (residents associ‐ ation) in Palma have de‐ cided that they have had enough of vandalism in the area and intend to set up what they refer to as citizen’s patrols to try to discourage graffiti artists in particular.
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Carnival for newborns
PARENTS of babies who have been ad‐ mitted into hospital are understand‐ ably very worried about their new‐ borns. For the fifth consecutive year, the staff of the Neonatology Unit of the Son Llàtzer University Hospital in Pal‐ ma have created their own special car‐ nival to try to ease the fears of the parents. Each of the babies is dressed in a special carnival costume and accord‐ ing to Elena Torrens, a nursing supervi‐ sor “these families spend weeks or months here, and it can be a difficult time. “The opportunity to celebrate with their babies gives them a sense of normalcy, and allows them to enjoy the first milestones of their babies, which is what every family wants.
Credit: Balearic Government
One of the newborns ready for carnival.
“For us, the emotional health of families is, without a doubt, an impor‐ tant part of our care.” With this in mind, Julia Acevedo, a worker at the Hospital’s switchboard, has created crochet costumes for the little ones using 100 per cent natural cotton. The
neonatal unit has been working for some time to ensure excellent care, which includes not only accompanying parents 24 hours a day, but also recog‐ nising the baby and its family as a unit and seek to involve parents actively in all aspects of their child’s care.
Sheep and goat fair
LOOKING ahead, the Calvia Council is getting ready for the opening of the 22nd Sheep and Goat Fair which is due to take place this April. After being restricted during the pandemic, the Council has decided to reinstate the poster
competition and local residents (and others) are invited to enter the competition which has a first prize of €300. A new concept will be a competition for local restaurants to produce a special recipe based on lamb meat, so those estab‐ lishments that participate in the Mostra de Cuines de Calvia, INTERNATIONAL WOMEN’S DAY on Tuesday March 8 will which takes place every year on be celebrated in Andratx with a number of different events Fridays in April, may enter the organised by the council. The celebrations start on Friday competition. A jury will judge March 4 with the exhibition Painting with a woman’s name the dishes concentrating not at 7pm in the plenary hall of Andratx Council. just on creativity and flavour but At the same venue on Monday March 7, starting at 7pm also originality, innovation, cuts there will be an affective‐sexual education workshop con‐ of meat chosen and the produc‐ ducted by specialist staff from the social services depart‐ tion process. The first prize for ment. To celebrate the actual day there will be a commem‐ the competition’s best recipe orative event and concert entitled Women who made will be €700, while the second history presented by the Association Círculo de Mujeres of winning recipe will receive €250 Andratx starting at 6pm in the Plaça ‘'Espanya. Bringing the with both establishments re‐ week of celebration to an end on Friday March 11 there will ceiving a special diploma. be a performance of the Tretze Theatre by local artists Vora‐ Full details of the competi‐ mar Teatre at 8pm at the Sa Teulera d’Andratx theatre. tions can be found at www.calvia.com.
Supporting women
Know your sausage
IT’S sausage time at the Municipal Market of Soller on Sunday March 6 as from 9am to 4pm you can sample a sausage and more. Food will be cooked for tasting and there will be a selection of local bread and pastry specialities plus local produce, sauces and wines, alongside top quality meat and sausages.
Come for a snack or even lunch and view the exhibition which tells the story of the history of the Soller sausage factories based on the book by Juan Antonio Fernández Vi‐ la and Antoni Quetglas Cifre. There’s even entertainment provided by the Xeremiers of Soller, Aires Sollerics, and ÀnimAcústicA.
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Kids had fun HAVING decided for the second year running that there would be no carnival (Sa Rua) in Palma this February, the council did al‐ low the less busy celebra‐ tion of Sa Rueta to go ahead on February 27. So, although there were no floats, an estimated 20,000 people and their children turned up for a day of controlled family enter‐ tainment which proved to be very popular. To make things safer, the actual area where it took place was extended which also meant that there were more activities available than in the past. Some 50 activities were put together for the little ones, including different workshops, circus shows, face painting, street pa‐ rades, puppet shows and much more.
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Close the circle AS previously reported, the Close the Circle plan costing some €200 mil‐ lion looks to make sound environmental use of or‐ ganic waste in various Mallorcan municipalities. The Consell de Mallor‐ ca vice‐president and councillor for Sustainabili‐ ty and the Environment, Aurora Ribot, presented the construction project for the composting plant in Llucmajor to the mayor Éric Jareño on February 28. Llucmajor is one of the municipalities where the greatest amount of organic matter is generat‐ ed in all of Mallorca as ac‐ cording to data from the public waste treatment service it collected more than 1,400 tons in 2021. Tthe mayor empha‐ sised the meeting had served to help the council to get to know first‐hand details of the project say‐ ing “in the coming weeks and months our technical staff and that of the Con‐ sell de Mallorca will work together so that the new plant has the least possi‐ ble impact for the area.” The strategic nature of composting plants in‐ volves the whole of Mal‐ lorcan society, as better and correct waste man‐ agement will make the is‐ land more sustainable in a context of climate emergency, reduced emissions and compost will be generated that will have a direct impact on the territory.
and finally...
THE Federation of Services, Mobility and Consumption of the UGT (FeSMC‐UGT) has filed a lawsuit against the Mallorcan school transport company Seco. The union contends that the company is violating the fun‐ damental right to freedom of association by ‘boycotting’ the legal holding of union elections and dismissing two of the three UGT candidates. FeSMC‐UGT hopes that the court will confirm the obliga‐ tion of Autocares Seco to reinstate the two dismissed candi‐ dates and force elections to be held under the conditions es‐ tablished by the arbitration award and with the requirements established by the regulations.
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Kurt Zoumastyle cat attacks THUGS are carrying out Kurt Zouma‐style cat at‐ tacks as part of a new on‐ line obsession. In February, Kurt Zouma was caught on video having abused his pet cat. His football club fined him £250,000 over the incident. The RSPCA also took his cats away. The foot‐ ball star was seen on film kicking and slapping one of his cats. The incident has sparked a horrific craze. One online group has taken to sharing similar attacks. They have been sharing the footage on social media. According to one pub‐ lication, one pet owner from Dorset was left with expensive vet bills after her cat was at‐ tacked. Pet owner Dawn was shocked when her young cat Murphy returned home after having been viciously attacked.
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Visit to NATO programme Van Gogh auctioned ON Friday, February 28, the British Ambassador to Spain, Hugh Elliott, visited the Tactical Leadership Programme ‐ a multinational headquarters based at Los Llanos Air Base, Albacete, made up of military and civilian personnel from 10 NATO nations, including the UK and Spain. The Ambassador learned about how the programme improves both pilots’ skills and cooperation between the dif‐ ferent NATO air forces, as well as a demonstration of two flight simulators.
Visit to Albacete air base.
HMA Hugh Elliott said: “On days like today, after the bar‐ baric and unjustified attack by Russia on Ukraine, we are es‐ pecially conscious of the im‐ portance of NATO and of being
alongside our allies. I want to reiterate my government’s condemnation of this invasion and our support for the people of Ukraine.” “It is an honour to be here today to see first‐hand the im‐ portant work carried out by the armed forces from Spain, the UK and our allies to max‐ imise collaboration in aerial missions.” “What happens here in Al‐ bacete is an excellent example of how our armed forces pre‐ pare, train and operate togeth‐ er.”
Convoy nearing Kyiv ON Tuesday, March 1, a convoy of Russian forces was seen stretching a staggering 65 kilo‐ metres near Kyiv. The convoy was made up of tanks, support vehicles, artillery and armoured vehicles, while satellite data from Maxar Technologies found ground forces and ground attack helicopters in Belarus. On Monday, February 28, peace talks were held between Ukraine and Russia but according to Ukrainian President Volodymyr Zelenskyy, the shelling of Ukraine by Russia intensified. He be‐ lieved that the timing was not coincidental. Zelenskyy commented: “The talks were taking place against the backdrop of bombing and
CONVOY: Included armoured vehicles.
shelling of our territory, our cities. Synchronising of the shelling with the negotiating process was obvious. I believe Russia is trying to put pressure (on Ukraine) with this simple method.” The Ukrainian president has said that no con‐ cessions will be made “when one side is hitting each other with rocket artillery.”
A MASTERPIECE painted by Van Gogh while he was at a psychiatric hospital is set to be auctioned in New York for around $45 mil‐ lion. One of the works paint‐ ed while he was in the Saint‐Remy psychiatric hos‐ pital will headline Christie’s 20th‐century art auction scheduled for next May. The piece, Champs près des Alpilles, painted in 1889, has remained in pri‐ vate hands since its cre‐ ation and has never been exhibited in public. It is also one of two works that Van Gogh sent from the hospi‐ tal to his good friend
Joseph Roulin. “Painted during his stay at the asylum at Saint‐Re‐ my, and later owned by his friend Joseph Roulin, (...) Champs près des Alpilles is inextricably linked to the tragic biography of the painter,” said Vanessa Fus‐ co, co‐head of Christie’s 20th‐century auction in New York. The painting, which was owned until 2003 by de‐ signer Yves Saint Laurent, is a landscape he painted out‐ side the asylum in the south of France where he was treated for a year after a mental health crisis that led him to cut off his ear.
Danger of cyberattacks THE Spanish government has asked senior civil ser‐ vants and diplomats to change their passwords in order to avoid potential Russian cyberattacks. The advice comes from the National Cryptologic Cen‐ tre, a cybersecurity body attached to the National Intel‐ ligence Centre. This alert comes after the Ministry of Digital Transfor‐ mation in Ukraine reported the largest cyberattack in the country’s history on February 15, “against state websites and the banking sector.” The minister of Digi‐ tal Transformation, Mikhail Fyodorov, pointed out that the attack had been prepared in advance and had a cost “amounting to millions of dollars.” The head of the Ukrainian Security Council’s cyberse‐ curity department, Ilya Vityuk, said that while it was too early to point to a direct perpetrator, it could not have been a lone hacker or small group, given the high cost of such an operation.
and finally... FOLLOWING the recent trend set by major recording artists, Neil Diamond has become the latest superstar to sell his en‐ tire work of music. Universal Music has purchased the entire catalogue of the 81‐year‐old singer/songwriter’s incredible catalogue of songs, as well as the publishing rights. It is not known how much money exchanged hands in the deal, but it is believed to be in the region of the £300 million that Bob Dylan previously received from Universal Music.
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Free housing ONLINE rental company Airbnb has made an in‐ credible offer to house ‐ free of charge ‐ up to 100,000 Ukrainian refugees who might be fleeing from the war‐ torn country. Brian Chesky, the company’s CEO, has al‐ ready contacted the lead‐ ers of Hungary, Romania, Poland, and Germany of‐ fering this help. Since Russia’s invasion of Ukraine began on Thursday February 24, an estimated 300,000 refugees have poured across the borders into neighbouring EU nations. French and EU officials have pointed out that there could be many mil‐ lions more yet to come, and that the bloc needs to be prepared. Taking to Twitter on Monday morning, Febru‐ ary 28, Chesky urged, “We need help to meet this
goal. The greatest need we have is for more people who can offer their homes in near‐ by countries.” A statement from the company released on Monday, February 28 said, “We know that hosts and guests on Airbnb around the world will be eager to stand up and assist this massive effort to help those fleeing Ukraine.” In the next few days, Airbnb will release full in‐ formation on how people can support this initiative, which will include offers of free or discounted stays.
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Spanish in Ukraine THE Ministry of the Interior will be deploying a new elite GEO group on the Ukrainian border. Their deployment is part of ‘Operation Prussia’ in which the National Police is guaran‐ teeing the security of the two convoys that have left the Spanish embassy in Kyiv. As happened with the with‐ drawal of Spanish troops from Afghanistan, and the evacua‐ tion of diplomatic personnel and their collaborators, the elite group of the National Po‐ lice has been guaranteeing the security of the embassy and
CONVOYS: National Police will guarantee their security.
the compatriots for two weeks now, in the face of the immi‐ nent Russian attack that finally started last week. According to the same sources, the National Police have also been in charge of physically securing the Span‐ ish embassy after the depar‐ ture of the second and last convoy on Friday, February 25,
in which the ambassador, Sil‐ via Cortes, travelled. The officers were in charge of lowering the national flag, which they will guard until they arrive back in Spain. Along with the security tasks, the offi‐ cers are attending to the needs of the evacuees with water, food, and sanitation.
UK’s most wanted woman
THE UK’s most wanted woman has been ar‐ rested in Spain. Officers from the Guardia Civil have suc‐ cessfully arrested a woman who was part of a money‐laundering operation. She had been wanted since 2013 and belonged to a criminal organisation that consisted of 16 people. In late February the Guardia Civil arrested the woman in Tarragona’s Santa Barbara.
The woman is a British citizen and 47 years old. She was the only member of the crimi‐ nal group who was still at large. Investigators in Britain believed that she had been in charge of laundering the profits from the criminal organisation using multiple companies in Spain, Dubai and Andorra. The other members of the gang were tried in 2013. The woman was tried in her absence and sentenced to eight years in prison.
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Dirty money THE UK government has fi‐ nally presented plans to stop the money laundering that the country is renowned for, with Prime Minister Boris Johnson saying that the country is “No place for dirty money.” The government an‐ nounced plans to table the Economic Crime (Trans‐ parency and Enforcement Bill) on Tuesday, March 1, which they say will stop the laundering of ill‐gotten wealth through the pur‐ chase of UK property. Underlying the bill is the need for property owners in the UK to declare their true identity, which will target those who use shell compa‐ nies to make their purchases. A separate Economic Crime Bill is also in the offing, which wlll target company ownership. It is understood that the bills allow for the jail‐ ing of anyone who breaks the rules, for up to five years.
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Spain refuses troops
SPAIN’S Defence Minis‐ ter, Margarita Robles, said Spain will not in‐ crease its military pres‐ ence in eastern Europe She announced on Fri‐ day, February 25, that Spain will not be sending additional troops to join those already deployed in eastern Europe with Nato forces. This is de‐ spite the fact that other countries are mobilising extra soldiers to the re‐ gion after Russia’s inva‐ sion on Thursday Febru‐ ary 24, of Ukraine. Ms Robles made it clear that because Ukraine was not a mem‐ ber of NATO then Spanish forces are not required. But, any aggression against one of the coun‐ tries belonging to the At‐ lantic Alliance will imme‐ diately have “immediate consequences” she stressed. Robles was appearing in La Moncloa to explain
Fell and hurt his leg.
Appeared in La Moncloa.
the results of the telem‐ atic meeting of the NATO countries, in which the president of the govern‐ ment, Pedro Sanchez, had participated. Like the rest of the leaders, she explained that he had ex‐ pressed his absolute re‐ jection of the Russian in‐ vasion of Ukraine.
‘Partygate’ questionnaire THE Met Police have confirmed that more than 50 people have been sent the ‘Partygate’ questionnaire including the Chancellor Rishi Sunak, who has denied that he broke lockdown rules. However his receipt of the questionnaire would suggest that amongst the more than 500 documents and 300 images, there is evidence that he may have done so. Scotland Yard again reminded recipients that the question‐ naire has formal legal status and must be answered truthfully, with respondents being required to account for their presence and to give an explanation of their participation. The question‐ naires have to be returned within seven days. Sunak when asked in February whether he expected to re‐ ceive a questionnaire told media: “No... well, I don’t know.” The questionnaires will be sifted through along with all the documents and images provided by the Cabinet following senior civil servant Sue Gray’s own inquiry into the ‘Partygate’ allega‐ tions. DANCING ON ICE’S Connor Ball took to social media to share an image of his horrific injuries after he fell during Sunday’s show on February 27. Connor had been skating with partner Alexandra Schauman when he fell and sliced his leg open. Connor has made it through to next week’s show though. The star took to In‐
ON Friday, February 25, the Council of Ministers gave the green light to what is effectively the first animal protection law in Spain, but many still don’t understand why dog owners will need training. Ione Belarra, Minister of Social Rights and Agenda 2030, has now explained that Spain wants to pe‐ nalise those who abuse ani‐ mals and to teach young boys and girls to respect the environment and all liv‐ ing beings. Ms Belarra said that the government wants owners to understand the respon‐ sibilities of pet ownership, and to have this under‐ standing they feel it is im‐ portant that people have the required knowledge to look after their pet correct‐ ly. She said the intention is to have a short informa‐ tional course that can be undertaken either face to face or online, forming part of the need to change the culture and understanding of pet ownership.
Horror skating injury stagram to share photos as he prepared for the show. He also shared an image of his injured leg. Connor posted: “Swipe for my night’s progression! but warning: don’t swipe too far if you’re squeamish… “What a crazy night, I really
did get too much into the whole pirate thing. thank you for all the messages I really appreciate it, I’m absolutely gutted about the routine but so grateful you guys still went absolutely mad and voted me through I can’t thank you enough!!”
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Animal laws
What they want to avoid is the situation where peo‐ ple acquire only to aban‐ don them when they re‐ alise what is involved, as they do the possibility of
the pet being abused after taking ownership. The course has yet to be designed, suffice to say that professionals and vets will be involved.
Hero pilot
ONE Ukrainian pilot has been named the ‘Ghost of Kyiv’ after reportedly shooting down 10 Russian planes. According to Ukraine’s official Facebook account, dur‐ ing the first 30 hours of the war, the pilot shot down six planes. Taking to Twitter, Ukraine released footage of the pi‐ lot. The post read: “Ukraine probably not its first ace since World War II. This is the anonymous pilot of the MiG‐29, nicknamed the Ghost of Kyiv.” They added: “To become an ace pilot, you need to shoot down five planes. And the Ghost of Kyiv shot twice as many.” The post continued: “And although it is still unknown who is piloting the Ukrainian MiG‐29 plane and whether he is responsible for the 10 downed Russian planes, Ukrainians are grateful to this hero with brass balls, who’s having Russian aircraft for breakfast. “God speed and happy hunting.”
and finally...
THERE were scenes of devastation as a storm hit Mini‐ Europe Brussels with the sad sight of the Tower of Brus‐ sels City Hall falling onto Market Square. Don’t worry however as no‐one was injured and it should be possible to repair the incredible damage with‐ in a month or so. Mini‐Europe is a park featuring all the wonders of Europe, in miniature. Bonsai trees, flowery groves and dwarf trees embellish the 350 monuments which have been reproduced at scale 1/25.
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THE conflict in the Ukraine has already pushed the gas price as it rises as much as 60 per cent in one day, however it has still yet to achieve the pre‐Christmas high of €160/MWh. With the war not likely to end any time soon and with sanctions in place gas prices are likely to remain high in the short to medi‐ um term, however there is one good thing that has come out of it which is that the European Union is now firmly committed to building its own sus‐
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Gas up 60% New banking protocol Supply is guaranteed. tainable energy supply. Like so many countries in Europe, roughly 25 per cent of Spain’s electricity is gen‐ erated through plants that use gas to generate elec‐
tricity pushing the price to the consumer above €240/ MWh, a price reversing all the reductions that has been seen this year. The Minister of the Eco‐ logical Transition, Teresa Ribera, has said that the en‐ ergy supply is “guaran‐ teed”, but at the same time warned of rising prices with most households likely to see a sharp increase in their electricity costs again.
No longer neutral
ON Monday February 28, Switzerland said the country would adopt all EU sanctions against Russia in retaliation for its invasion of the Ukraine. The move is a huge deviation from the country’s history, Switzerland historically having remained neutral when it comes to international conflicts. A statement issued by the government following the council meeting said: “In view of Russia’s continuing military intervention in Ukraine, the Federal Council took the deci‐ sion on February 28 to adopt the packages
of sanctions imposed by the EU on February 23 and 25.” The statement also said that the sanctions will be adopted immediately, including those imposed on the Russian President Vladimir Putin, Prime Minister Mikhail Mishustin and Foreign Minister Sergei Lavrov. Repeating its offer to mediate the govern‐ ment said: “Switzerland reaffirms its solidari‐ ty with Ukraine and its people; it will be de‐ livering relief supplies for people who have fled to Poland.”
A NEW Spanish banking pro‐ tocol has been agreed thanks to the dedicated hard work of retired doctor Carlos San Juan De Laorden and his 647,950 supporters on change.org. Following his first visit to Madrid to meet with the Min‐ istry of Finance, he returned on February 21 at the request of Minister Nadia Calviño to learn the details of the new protocol to strengthen the so‐ cial and sustainable commit‐ ment of the banking sector. Considering that Spanish bu‐ reaucracy (like many other
People power does work.
countries) has a reputation of moving very slowly, this reac‐ tion, just a month after the pe‐ tition went online is quite amazing and shows that sometimes people power does work.
According to the man whose headline was “I’m old not an idiot” this new docu‐ ment addresses many of the requests that he had placed and the highlights, including a requirement that banks ex‐ tend their opening hours to al‐ low more face‐to‐face meet‐ ings. Importantly also, there will be a cancellation of the need to make appointments online as this was causing distress to many older people who are not comfortable with the inter‐ net.
Star saves family
ACTOR Benedict Cumberbatch saved a ‘petrified’ family from a tricky situation while filming his new movie The Power of the Dog last year. Cumberbatch revealed the details, say‐ ing: “I came back from shooting the film in August and we were off to the beach. To get there we had to cross a field and in the field was a petrified family who just could‐ n’t move, they were frozen because of a
herd of cows with calves, “I thought, ‘I can do this,’ and I just sort of parted the waves of cattle. The family was like, ‘That was incredible. Hey, aren’t you Sherlock?’ It was very un‐Sherlock ac‐ tivity!” Cumberbatch has now reportedly been nominated for a best actor Oscar along‐ side Jesse Plemons, Kodi Smit‐McPhee and Kirsten Dunst.
GO LOCAL
THE EURO WEEKLY NEWS has urged its readers to support local businesses in the community by shopping locally in recent times. Now things are heading back to normal, we challenge you to maintain that habit by supporting local high streets, markets, butchers, greengrocers and all of the wonderfully quirky inde‐ pendent businesses in your area. Local businesses make our villages, towns and cities what they are. They add unique character. They are convenient. And they offer excellent produce from known suppliers. The joy of shopping local‐
ly means that independent businesses can support the local community. You may find something a euro or two cheaper on‐ line but have you considered where your money is actually going?By shopping local‐ ly you’re putting food on a local family’s table and there is nothing better than giv‐ ing back to the communities that have giv‐ en us so much. Local stores support chari‐ ties and they sponsor local sports teams. In many cases, they are much more than just a business, they’re a legacy. They may have supported generations of the same family. Likewise, brand new local stores
and bars may help the generations of the future fulfil their dreams and ambitions. Remember, your local store is going up against multinationals and chains. They can’t win that battle on their own. So give them your support. Spending your money locally will make a real difference to the lo‐ cal economy. Local businesses recirculate a greater share of every euro they receive at local level. They create locally owned sup‐ ply chains and they invest in their employ‐ ees. So remember, buy local. When you go shopping ‐ go local!
10 EWN
www.euroweeklynews.com
3 - 9 March 2022
COURT filings show that Prince Harry has launched an action against the publisher of the Daily Mail, who he is suing for libel. The action against Associated Newspapers Limited (ANL) was filed on Wednesday, February 23 but it is not known which pa‐ per it applies to or which article.
Prince Harry sues A spokesperson for the duke said: “I can confirm the duke has filed a complaint against As‐ sociated Newspapers Limited.” This is not the first time the duke or his family have sued the company, with his wife
Meghan, the Duchess of Sussex, previously having brought a successful privacy claim against ANL over articles that repro‐ duced parts of a handwritten letter to her estranged father, Thomas Markle.
TUI ‘nightmare’
HOLIDAYMAKERS have finally revealed the details of their holiday nightmate after were hit with a 20‐hour delay on a TUI holiday on Febru‐ ary 12. The holidaymakers had
been heading back from Cape Verde to Birming‐ ham Airport. Initially, the travellers were stuck at the airport for five hours before their flight was finally cancelled. They were heading
Cryptocurrency theft OFFICERS from the Guardia Civil have arrested five people for hacking a cryptocurrency company in Madrid and stealing around €6 milliom. The operation carried out by the Guardia Civil was codenamed 3COIN. This is said to be the first case of this type that has been solved in Spain. The case spread as far as Tenerife, Barcelona and Bilbao ac‐ cording to the Guardia Civil. Officers carried out an investigation which discov‐ ered that the attack had originated from an illegal download. A company employee had downloaded a pirated film from an online portal. Once the sophisticated computer virus had been downloaded hackers took control of the employee’s computer. From there they were able to access the rest of the company. The initial attack took place in the summer of 2020. The group learned about the company, its characteristics and structure before stealing cryp‐ tocurrencies worth millions.
back to the hotel when they were finally told that a medical emergen‐ cy had occurred on board the outbound flight. This meant that the plane had ended up in Tenerife and was not available. A spokesperson for TUI commented on the med‐ ical emergency. They said: “We can confirm that TOM705 from Sal to Birmingham on February 12 was delayed due to a passenger on the out‐ bound flight requiring urgent medical atten‐ tion. “We understand delays can be frustrating, but we did everything we could to get passengers home as quickly as possible. “The safety and well‐ being of passengers and crew is always our high‐ est priority and we’d like to thank passengers for their patience and un‐ derstanding.”
Prince Harry is also involved in litigation against the Home Office over his security arrange‐ ments when he and his family are in the UK, after the Home Secretary upheld a decision by the police not to afford them protection or to allow him to personally pay for police pro‐ tection.
NEWS
Has launched an action.
RAF Sniffer dog honoured A SNIFFER dog working in Afghanistan for the RAF has been awarded the animal equivalent of the Victoria Cross. A German shorthaired pointer who worked as a sniffer dog for the RAF in war zones in Afghanistan, in a ceremony in Lon‐ don on Tuesday, February 22, became the 74th animal to be awarded the People’s Dis‐ pensary for Sick Animals (PDSA) Dickin Medal. This prestigious honour is the highest pos‐ sible recognition during military combat. Hertz was born in Croatia, and aged one, after showing exceptional skills in detecting drugs, was given a pioneering role of sniff‐ ing out ‘personal electronic devices’ such as GPS devices, SIM cards, and mobile phones. He is the only sniffer dog to have
ROCK star Sir Elton John was involved in a horrific incident when his private jet had to carry out an emergency land‐ ing during the recent storms in the UK. His aircraft reportedly suf‐ fered hydraulic failure whilst it was at an altitude of 10,000ft. Attempting to land in the middle of winds that reached around 80mph,
Hertz has exceptional skills.
ever been able to do this. “In terms of British military working dogs, he is a one‐off,” commented his handler, and trainer, warrant officer Jonathan Tan‐ ner. “He’s very much a unique animal,” he added proudly. After spending two months with Hertz, he was ready to start work, going on to sniff out more than 100 devices during his military ca‐ reer.
Elton John crash twice the plane’s pilot had to abort his landing manoeuvre at Farnborough Airport in Hampshire. Once the aircraft finally made it safely onto the runway, fire crews were seen rushing to the scene. In pictures obtained by one publication, the 74‐year‐old
British musical legend is ob‐ served stepping out from the £66 million private jet and in‐ to the torrential rain at the airfield. “The jet was being buffet‐ ed and couldn’t land. It was horrible to see,” a witness told the publication.
FINANCE BUSINESS EXTRA Positive news SPANISH national tourism authori‐ ty Turespaña, has announced that according to figures compiled by the Labour Force Survey (EPA), the unemployment rate in the Spanish hospitality sector in the last quarter of 2021 stood at 10.1 per cent, a full 2 per cent lower than in the same quarter of 2019.
SWIFT conclusion ONE of British PM Boris Johnson’s proposed measures against Russia is to remove them from the SWIFT international payment system used by banks all over the world and if agreed by the EU and USA could hurt Russia or propel it to‐ wards China to form a joint version.
Less exposure SPEAKING on February 25, Minister of the Economy, Nadia Calviño, ob‐ served that “Spain has less expo‐ sure” to the Russian economy than other members of the European Union at an informal meeting of EU Economy and Finance ministers discussing the consequences of the Ukrainian invasion.
John Lewis change FOR almost a century, retailer John Lewis has boasted ‘Never Knowing‐ ly Undersold’ promising to match prices on like‐for‐like brands sold by other retailers that sell both online and through shops. On Friday February 25 it announced that this would stop in the summer as so many buy from online only stores.
Stumbling blocks IN theory, economic and political re‐ lations between Spain and Moroc‐ co should be strong, but there are two major stumbling blocks which have hindered trade. First is political with Spain continuing not to recog‐ nise Morocco’s rule in the Western Sahara and the other is economic and concerns smuggling and the en‐ claves of Ceuta and Melilla. A new policy paper from the Moroccan In‐ stitute of Strategic Intelligence (IMIS) highlights the smuggling of goods from the enclaves into Mo‐ rocco, the problem of migrants liv‐ ing outside the enclaves trying to get in and the appetite in Spain for Moroccan grown cannabis.
www.euroweeklynews.com • 3 - 9 March 2022
12
STAT OF WEEK
€480 million
is the profit that insurance company Catalana Occidente made in 2021, representing an increase of almost 75 per cent on 2020 figures.
Old risks, new challenges Digital OLD risks, new challenges, same ob‐ jective said Bank of Spain Governor Pablo Hernández de Cos, Chair of the Basel Committee on Banking Su‐ pervision. Delivering the keynote speech at Eurofi High‐Level Seminar 2022 in Paris on February 25, he said that the Committee will continue its work related to Covid‐19, with a view to ensuring that banks remain resilient and contribute to the recov‐ ery. The outlook continues to be marred by uncertainty and diver‐ gences across regions. Per capita in‐
comes in 2023 will remain below their 2019 levels in nearly 40 per cent of emerging market economies, in contrast to advanced economies. He observed that while the global banking system has largely weath‐ ered the pandemic to date, it is cru‐ cial that banks remain alert to risks and vulnerabilities as the pandemic continues to unfold. Debt levels ‐ encompassing both public and private debt ‐ are at an all‐time historic high of nearly $300 trillion (€268 trillion) or 350 per cent of global GDP.
LEGALLY SPEAKING
The unwinding of public support measures ‐ which were critical in shielding banks from losses thus far ‐ means that banks will have to in‐ creasingly rely on their own re‐ sources to absorb potential shocks. The risks of a sharp house price correction triggered by changes in interest rates or financial costs will test banks’ resilience in the event of a debt overhang and economic slowdown. In his opinion, the banking world must also learn from the experience of the past few years to help guide future areas of work.
Pearl Funeral Plan
Problems with bank My problems with the bank have been going on for some months and the longer it takes, the more I fear the bank will ‘dismiss’ my request complete‐ ly. My personal opinion of my bank has now reached an all time low. Any help on this would be greatly appreciat‐ ed. B S (Costa Blanca)
Golden Leaves is here to help you.
We have r e c e i v e d DAVID SEARL several complaints YOU AND THE LAW about banks so let IN SPAIN us try to make a positive response. First, you talk to the bank manager. If you do not get a solution you then try the Defensor del Cliente, the defender of the customer. Most banks have this official. He is there to sort out problems. The bank will give you his e‐mail address and you will need to prepare a detailed presentation of your complaint. If you get no response, you finally have recourse to the complaints department of the Banco de España. You will probably need professional help with this complaint, such as your lawyer or gestoria. And you can always change banks, but you will have a hard time recovering any money they owe you. It is better to make your move after you have got your complaint resolved.
WHEN looking at funeral plans, it can all get a little overwhelming, that’s why Golden Leaves is here to help. Golden Leaves’ Pearl Plan offers a comprehensive funeral service, with all of the services of the Opal Plan but the added benefit of a premium coffin and a floral tribute. This plan will provide a funeral similar to those in the UK, al‐ lowing five days for family participation, particularly if based in a foreign country, making it the perfect option for families and couples. Included in the plan is the administration, organ‐ ising all of the necessary funeral arrangements and the provi‐ sion of the necessary staff to attend the service. The provision of the funeral director’s service as well as mortuary expenses, care of the deceased, the supply of a coffin and urn, the cre‐ mation fee and doctor’s certificate, the death certificate trans‐ lated into English and the cremation certificate to allow the ashes to be taken aboard aircraft. To find the right pre‐paid funeral plan for you and to help your family when the time comes, contact Golden Leaves to‐ day.
Send your questions for David Searl through lawyers Ubeda-Retana and Associates in Fuengirola at Ask@lawtaxspain.com, or call 952 667 090.
For more information, visit their website: www.goldenleavesinternational.com, send an email to info@goldenleavesinternational.com, or call for free on 800 098 309.
THE furlough scheme introduced by the UK government to help people and businesses financially during the pandemic has reported‐ ly seen billions lost through fraud and error. According to a Commons Public Accounts Committee, the UK Gov‐ ernment’s response to the pan‐ demic “has exposed the taxpayer to substantial financial risks from
Furlough scheme fraud fraud and error” and it does not know the exact amount, but esti‐ mates it to be £5.3 billion, which is 8.7 per cent of the scheme’s total spend. The total cost to the exchequer through all Covid‐19 loans and schemes is closer to €15 billion,
with HM Revenue & Customs, the Department for Work & Pensions, and the Department for Business, Energy & Industrial Strategy all having been party to the losses. The report reads: “Government estimates that losses due to fraud and error from the Coronavirus
Talent
THE European Pillar of Social Rights was created to ensure that those with disabilities have equal rights with the able bodied to find work. It is estimated that just 51 per cent of the disabled in Europe are in work, but in Spain the number of people with disabili‐ ties entering the job market has risen by more than 20 per cent in the last six years. This is due to the commitment of organisations such as ONCE and the EU partly funded Digital Talent programme which aims to provide trainees with the lat‐ est skills in new technologies where those with disabilities can compete on an even playing field.
Not so Innocent AFTER viewers complained about a TV advertisement from Coca Cola owned Innocent drink brand, the UK Advertising Stan‐ dards Authority (ASA) has ruled that it was misleading. The cartoon encouraged peo‐ ple to buy Innocent’s product and it drew a strong association between Innocent Drinks and a positive impact on the environ‐ ment. The ASA acknowledged that the ad contained aspirational messaging, including imagery of people recycling but considered that many consumers would in‐ terpret the overall presentation of the ad to mean that purchas‐ ing Innocent products was a choice which would have a posi‐ tive environmental impact. For this and other reasons, the complaints were upheld. Job Retention Scheme alone will be £5.3 billion. The estimated loss due to fraud and error across all Covid‐19 response measures is not known, but is expected to be at least £15 billion across measures implemented by HM Revenue & Customs, the Department for Work & Pensions, and the Depart‐ ment for Business, Energy & Indus‐ trial Strategy.”
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3 - 9 March 2022
LONDON - FTSE 100
FINANCE, BUSINESS & LEGAL MAKE THE MOST OF YOUR MONEY WITH US See our advert on previous page
C LOSING P RICES M ARCH 1
COMPANY PRICE(P) CHANGE(P) 3I Group 1.327,50 1.337,00 Abrdn 199,05 203,50 Admiral Group 2.995,0 3.013,0 Anglo American 3.897,0 3.922,0 Antofagasta 1.569,50 1.575,00 Ashtead Group 4.844,0 4.894,0 Associated British Foods 1.907,0 1.927,5 AstraZeneca 9.211,0 9.331,0 Auto Trader Group Plc 658,80 669,20 Avast 630,00 630,80 Aveva 2.432,0 2.491,0 Aviva 420,50 423,40 B&M European Value Retail SA598,40 605,60 BAE Systems 719,40 721,00 Bank VTB DRC 1,000 1,212 Barclays 182,83 185,18 Barratt Developments 601,20 608,00 Berkeley 3.853,0 3.901,0 BHP Billiton Ltd 2.530,00 2.549,00 BP 365,20 369,60 British American Tobacco 3.282,0 3.299,5 British Land Company 528,80 533,40 BT Group 190,70 191,70 Bunzl 2.875,0 2.998,0 Burberry Group 1.950,0 1.959,0 Carnival 1.390,6 1.426,8 Centrica 78,52 79,42 Coca Cola HBC AG 1.810,0 1.893,5 Compass 1.689,50 1.702,00 CRH 3.370,0 3.391,0 Croda Intl 7.250,0 7.479,8 DCC 5.786,0 5.862,0 Diageo 3.705,0 3.737,5 DS Smith 340,75 344,50 EasyJet 604,60 618,40 Experian 2.901,0 2.936,0 Ferguson 11.365,0 11.475,0 Flutter Entertainment 9.530,8 10.155,0 Fresnillo 701,40 721,40 GlaxoSmithKline 1.544,00 1.560,40 Glencore 449,55 451,55 Halma 2.379,0 2.396,0 Hargreaves Lansdown 1.128,00 1.134,00 Hikma Pharma 2.050,00 2.093,00 HSBC 517,50 521,30 IAG 152,64 154,80 Imperial Brands 1.652,01 1.658,00 Informa 596,60 597,80 InterContinental 5.216,0 5.264,0
% CHG. 1.314,50 199,00 2.973,0 3.833,5 1.528,50 4.819,0 1.896,0 9.167,0 656,60 626,60 2.430,0 416,40 597,00 703,80 0,790 180,18 600,20 3.850,0 2.504,00 362,80 3.263,5 526,60 187,60 2.857,0 1.941,8 1.380,2 78,14 1.799,7 1.678,00 3.350,0 7.090,0 5.786,0 3.678,0 340,55 600,00 2.878,0 11.290,0 9.526,0 701,00 1.542,80 442,60 2.367,0 1.116,50 2.050,00 513,50 149,00 1.640,00 587,60 5.166,0
NET VOL 116,35K 1,71M 32,67K 730,16K 214,52K 94,92K 99,27K 457,82K 225,68K 60,63K 55,32K 1,22M 362,20K 2,88M 0 6,04M 406,04K 30,37K 627,50K 1,22M 386,75K 196,43K 2,36M 113,11K 5,64K 59,75K 2,65M 52,13K 233,31K 161,57K 9,78K 10,26K 321,66K 39,30K 728,32K 166,51K 29,81K 138,01K 175,37K 647,98K 7,94M 4,98K 69,15K 86,22K 4,32M 6,69M 116,31K 378,48K 46,51K
COMPANY
PRICE(P)
Intermediate Capital 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 Sage Samsung Electronics DRC Sberbank Schroders Scottish Mortgage Segro Severn Trent Shell 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
1.697,00 5.356,0 110,66 275,20 1.861,0 792,60 274,66 48,56 6.423,0 757,40 147,70 1.574,50 1.126,40 227,00 6.870,0 6,91 1.349,50 2.393,0 618,80 1.132,50 6.315,0 2.281,00 502,60 665,00 5.926,0 104,36 1,86 704,00 1.515,00 0,94 3.052,0 994,78 1.291,00 2.884,0 1.971,0 1.323,51 1.528,00 11.845,0 1.668,50 1.375,00 540,60 148,60 289,90 241,80 3.757,0 1.079,00 133,05 2.907,0 1.060,50
CHANGE(P)
% CHG.
NET VOL
1.709,00 5.496,0 111,74 277,30 1.898,0 797,20 276,50 49,46 6.624,0 758,80 149,90 1.619,50 1.136,00 231,40 6.976,0 12,00 1.385,50 2.418,0 621,00 1.144,00 6.377,0 2.283,00 508,20 679,00 5.956,0 104,94 2,90 707,00 1.522,00 1,30 3.067,0 1.012,00 1.305,00 2.896,0 1.986,4 1.333,11 1.532,00 11.885,0 1.701,00 1.399,50 544,80 150,60 293,50 246,90 3.770,5 1.082,50 134,06 2.943,0 1.071,00
1.682,00 5.328,0 108,93 274,60 1.848,5 785,40 272,20 48,47 6.408,0 755,00 146,75 1.574,00 1.121,60 227,00 6.852,0 6,91 1.340,00 2.384,0 612,40 1.122,50 6.308,0 2.263,00 501,36 663,00 5.792,0 102,00 1,62 698,60 1.504,00 0,94 3.031,0 994,40 1.283,00 2.852,0 1.943,4 1.316,67 1.516,00 11.665,0 1.667,00 1.371,50 530,40 148,50 288,85 241,10 3.738,0 1.067,00 131,88 2.889,0 1.053,50
53,28K 39,60K 238,00K 257,77K 56,79K 219,89K 1,27M 12,08M 44,72K 371,44K 628,53K 332,79K 416,89K 3,46M 25,67K 9,46K 125,23K 92,51K 249,41K 497,00K 110,13K 261,04K 44,21K 245,59K 485,42K 5,80M 633,23K 277,16K 2,31K 2,76M 31,69K 273,76K 238,53K 43,66K 2,15M 49,53K 64,48K 16,10K 327,60K 88,58K 990,59K 1,68M 1,44M 1,06M 331,04K 152,49K 7,38M 45,70K 509,15K
1.19536
0.83565
Units per €
US dollar (USD) ......................................1.12247 Japan yen (JPY)........................................128.98 Switzerland franc (CHF) ...........................1.0283 Denmark kroner (DKK) .............................7.4388 Norway kroner (NOK) ...............................9.8493
currenciesdirect.com/mallorca • Tel: +34 687 906 226 THE ABOVE TABLE USES THE CURRENT INTERBANK EXCHANGE RATES, WHICH AREN’T REPRESENTATIVE OF THE RATE WE OFFER
DOW JONES C LOSING P RICES M ARCH 1
COMPANY 3M American Express Amgen Apple Boeing Caterpillar Chevron Cisco Coca-Cola Dow Goldman Sachs Home Depot Honeywell IBM Intel J&J JPMorgan McDonald’s Merck&Co Microsoft Nike Procter&Gamble Salesforce.com The Travelers UnitedHealth Verizon Visa A Walgreens Boots Walmart Walt Disney
PRICE 148,65 194,54 226,48 165,12 205,34 187,58 144,00 55,77 62,24 58,96 341,29 315,83 189,84 122,51 47,70 164,57 141,80 244,77 76,58 298,79 136,55 155,89 210,53 171,83 475,87 53,67 216,12 46,09 135,16 148,46
CHANGE 149,63 195,13 226,75 165,42 207,31 188,77 144,00 56,00 62,33 59,18 343,84 316,08 189,94 123,39 47,82 165,18 145,06 245,72 76,76 299,14 138,38 157,19 211,67 172,06 477,31 54,10 218,65 46,40 136,07 149,48
CHANGE% VOLUME(M) 146,75 4,16M 189,23 5,71M 222,53 4,29M 162,43 91,36M 196,75 9,81M 183,67 5,00M 138,65 23,91M 54,75 23,34M 61,41 25,54M 58,01 6,34M 337,55 4,17M 310,48 5,55M 186,05 4,09M 121,04 6,19M 46,85 39,79M 162,38 8,76M 140,88 30,23M 242,36 4,36M 74,78 13,73M 293,00 33,91M 135,04 6,32M 153,82 8,00M 206,95 7,31M 167,55 1,83M 465,61 3,78M 53,40 30,18M 213,24 8,33M 45,34 6,94M 133,77 8,54M 146,46 10,34M M - MILLION DOLLARS
NASDAQ C LOSING P RICES M ARCH 1
COMPANY
CHANGE NET / %
VOLUME
+145.64% +138.24% +72.19% +47.24% +46.21% +40.38% +37.37% +35.96% +34.04% +33.27% +29.11%
609.87M 0.12K 19.17M 13.10M 27.47M 12.73M 1.52M 1.12M 113.82K 62.91K 5.66M
-45.68% -35.96% -27.37% -25.86% -25.56% -24.64% -24.28% -24.26% -23.73% -21.69% -20.39%
10.14M 39.83M 3.53M 16.75M 969.63K 314.07K 62.58M 23.94M 17.43M 261.65K 343.92K
Most Advanced Mullen Automotive Immuron Neurosense Therapeutics DSS China SXT Pharma Renewable Energy IntriCon Avenue Therapeutics Altera Infrastructure LP Pref B Altera Infrastructure LP Pref A Everbridge
Most Declined EPAM Systems VEON Lexicon Esports Entertainment Burgundy Technology Acquisition Q And K Intl Viatris Aurinia Pharma Ironnet CinCor Pharma SQL Technologies
FINANCE, BUSINESS & LEGAL
www.euroweeklynews.com
Currency outlook: Ukraine crisis and central bank rate speculation drives currency volatility
LOOKING AHEAD: An expected March rate hike could lend some support to the pound.
ASK THE EXPERT Peter Loveday
Contact me at euroweekly@currenciesdirect.com
Euro EUR/GBP: Unmoved at £0.83 EUR/USD: Up from $1.12 to $1.13 The euro traded in a wide range in February, with the single currency being rocked by fears over a potential war breaking out in Eastern Eu‐ rope, as well as a surprisingly hawkish turn by the European Central Bank (ECB). The former has acted as a key headwind for the euro in recent weeks as tensions between Russia and Ukraine mounted. EUR investors were naturally unsettled by the potential im‐ pact a war in Europe and the sanctions im‐ posed by Western powers could have on the Eurozone economy. On the other hand, the euro was given a shot in the arm as the ECB concluded its first policy meeting of 2022 in early February. In her post‐meeting press conference Chris‐ tine Lagarde, refrained from reiterating her previous stance that a rate hike this year would be ‘unlikely’, sparking considerable speculation the ECB’s first rate hike in over a decade could come before 2023. Looking ahead, the situation in Ukraine will likely act as a key catalyst for the euro in the coming weeks. A fully fledged invasion by Rus‐ sia could place considerable pressure on the single currency. Pound GBP/EUR: Unchanged at €1.19 GBP/USD: Up from $1.34 to $1.35 The pound was also infused with some volatility over the past four weeks as UK politi‐ cal jitters offset the announcement of another interest rate hike from the Bank of England (BoE). As was widely expected, the BoE concluded its February policy meeting with the announce‐ ment it would be raising interest rates to 0.5 per cent. This helped to underpin Sterling in re‐ cent weeks, particularly after the bank signalled rates may continue to rise in the near‐term af‐ ter four of nine policymakers broke ranks to
vote for an immediate hike to 0.75 per cent. However, the pound’s gains have been sti‐ fled somewhat by UK political developments amidst considerable pressure on Boris Johnson to resign as Prime Minister over his involve‐ ment in the Downing Street ‘partygate’ scan‐ dal. Also weighing on Sterling sentiment are growing concerns over the UK’s cost‐of‐living crisis, amidst fears UK economic growth could be stymied by households reigning in their spending. Looking ahead, an expected March rate hike from the BoE could lend some support to the pound this month, but any substantial gains are likely to be curtailed by the same cost‐of‐liv‐ ing and political concerns. US Dollar USD/GBP: Down from $0.74 to $0.73 USD/EUR: Unchanged at €0.88 The US dollar has flip‐flopped over the past month amidst fluctuating expectations for the next Federal Reserve rate hike. While a March hike appears inevitable, questions remain over how aggressively the Fed might raise interest rates. Strong payroll and inflation figures had bolstered expecta‐ tions the Fed could pursue a half‐percentage increase next month. However some notably dovish minutes from the Federal Open Market Committee’s January policy meeting has subsequently tem‐ pered these expectations. Elsewhere the uncertainty surrounding the Ukraine crisis has also infused volatility into the US dollar amidst the uneven risk appetite which followed Russia’s first incursion into the country. In the coming weeks the trajectory of the US dollar will no doubt remain linked to the Fed’s next interest rate decision. If the Fed opts for a more aggressive rate hike the US dollar might soar. Currencies Direct have helped over 325,000 customers save on their currency transfers since 1996. Just pop into your local Currencies Direct branch or give us a call to find out more about how you can save money on your currency transfers.
Visit us at our Spanish offices in Costa del Sol, Costa Almeria, North Costa Blanca and South Costa Blanca. Telephone UK +44 (0) 207 847 9400 SPAIN +34 950 478 914 Email euroweekly@currenciesdirect.com • www.currenciesdirect.com.
3 - 9 March 2022
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What is International I N T E R N AT I O N A L W O M E N’S DAY is observed by many coun‐ tries on March 8, celebrating the political, cultural and his‐ torical achievements of women around the world. International Women’s Day marks the achievements of women and also serves as recognition in supporting and taking action against gender equality. The first International Wom‐ en’s Day (IWD) was born in the USA in honour of the 1908 gar‐ ment workers’ strike in New York, where women protested against their working condi‐ tions. However, the first milestone was much earlier ‐ in 1848. In‐ dignant over women being barred from speaking at an an‐ ti‐slavery convention, American women Elizabeth Cady Stanton and Lucretia Mott joined a few hundred people at their na‐ tion’s first women’s rights con‐ vention in New York. They de‐ manded civil, social, political and religious rights for women in a Declaration of Sentiments and Resolutions ‐ the move‐ ment was born from there. The holiday was initially as‐ sociated with far‐left move‐ ments and governments until its adoption by the global femi‐ nist movement in the late 1960s, becoming a mainstream global holiday following its adoption by the United Nations in 1977. It was in 1979 that the most comprehensive bill of rights to protect women was created ‐ the Convention on the Elimina‐ tion of All Forms of Discrimina‐ tion against Women (CEDAW) ‐ defining the meaning of dis‐ crimination against women and
IWD: Marks the achievement of women and supports action against gender equality.
Why is purple used on International Women’s Day? MARCH 8 marks International Women’s Day, but why is the colour purple used to commemorate the movement for women’s rights and appreciating the social, economical, and cultural feats of women? Purple is the internationally known colour for symbolising women, a shade that represents dignity and justice. Purple has a long history as the colour of the Women’s Liberation Movement, with the National Women’s Party in the USA suggesting wearing the hue because ‘Purple is the colour of loyalty, consistency and purpose, unswerving steadfastness to a cause.’ The IWD states that purple is the colour of the future, as well as the past: “Purple is historically associat‐ ed with efforts to achieve gender equality. “In this context, it was first used alongside green and white as the colours of the Women’s Social and Po‐ litical Union, the organisation that led Britain’s women’s suffrage movement in the early 20th century,” said the IWD organisation. So wear purple on International Women’s Day, it’s the easiest way to show your support!
#WOMENINLEADERSHIP
the requirement to eliminate it. The growing movement, which has been strengthened by four global United Nations women’s conferences, has helped build the commemora‐ tion into a rallying point to build support for women’s rights and participation in the political and economic spheres. This year, the theme for IWD is ‘Break the Bias’, highlighting the need for a world free of bias, discrimination and stereo‐ types against women. Although we have moved a long way from the inception of IWD, we still have a long way to go until we see equal rights, equal pay and the end of gen‐ der discrimination.
Anne Frank (1 929 – 1945) “How wonderfu l it is that nobo dy need wait a sing le moment befo re starting to impro ve the world.”
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INTERVIEW
3 - 9 March 2022
EWN 17
Mary Willoughby of Darrmar Storage, Mallorca DARRMAR STORAGE is a family‐ run storage business owned by Mary Willoughby and her husband Darren, however, there is a strong and powerful female presence in this company that gives it an edge! Beginning as a demolition business, the couple decided there was a need for storage and house clear‐ ance facilities in the area and, from there, the business was born. Four strong women, Mary, Sue, Charlene and Gillian, provide a unique and friendly service to clients in a typically male sphere, giving a personal touch and a friendly face at the forefront of what they lovingly call ‘the Darrmar family.’ Mary describes her goals as “look‐ ing after the team, we are like the aunties in a family! We are posi‐ tioned to be able to empathise with our clients and their needs, provid‐ ing customers from all over the world with secure and affordable storage space in south west Mallor‐
THE TEAM: Has gotten to know their clients on a personal level.
ca. We deal with both business clients looking to store goods and stock and personal customers for those requiring additional personal storage.” When asked whether she had ex‐ perienced any pitfalls or obstacles being a female in a typically male sector, Mary said herself and Darren
have created a unique company ‐ gaining their business success from word of mouth ‐ that has a team of men and women working together to achieve their goals. The business deals with many returning clients and have gotten to know their cus‐ tomers on a personal level in order to provide the services they need.
MARY WILLOUGHBY: Looks after the team.
So whether you just need a small space to store your items, a tempo‐ rary space whilst you are in the pro‐ cess of moving or carrying out a re‐ form, or if you are a business looking
for a solution of where to store your stock, then Darrmar Storage has the answer you are looking for and you are sure to get your service with a smile!
Sue Kiff of APAA Dog and Cat Rescue
SUE KIFF: Explains what motivates her.
APAA Nerja is a registered animal res‐ cue charity whose goal is to rescue and rehome abandon ed and abused dogs and cats in the Nerja area. The Euro Weekly News spoke to the charity’ s treasurer, Sue Kiff, on what motivates her and what it’s like to be a woman in business. Sue previou sly worked for a bank, working her way up to train the staff in the business, noticing that most bankers were male and it was a typically male
APAA NERJA: Volunteers are motivated to spend their spare time finding homes for abandoned dogs in the area.
sphere. Sue said: “I worked my way up through the bank and ended up being a staff trainer. I did notice that the bankers were mainly men and that, in banking, it wasn’t what you know, but who you know ‐ typical of many businesses. Now, I know lots of women in banking and working for banks, so that shows a posi‐ tive change for women in the industry.” Now, Sue has worked her way from dog walker to treasurer in APAA ‐ an ani‐ mal charity that is solely run by powerful
and caring women. The charity has two shops in Nerja, both run by women, and the Director of the compan y is also fe‐ male. Asked why she thought this and what motivates her, Sue explained: “I am mo‐ tivated by the animals and by getting these dogs out of the gutter and into homes. Animals are, sometimes, treated terribly in Spain and this is what moti‐ vates me to help at APAA. “Althou gh there are some men who
walk the dogs, it’s still mainly women and the charity is spearheaded by wom‐ en, lots of them Spanish. Many foreign women from the UK, Germany and Swe‐ den volunte er at the charity shops or walking the dogs.” Although many of the women volun‐ teering for the charity have full‐time jobs, they are still motivat ed to spend their spare time finding homes and fos‐ ter carers for abandoned dogs in Nerja and the surrounding area.
18 EWN
www.euroweeklynews.com
3 - 9 March 2022
LEAPY LEE SAYS IT OTHERS THINK IT TRAGICALLY, my prophecies of last week regarding the Russian atrocities in Ukraine have materialised almost to the letter. The only prediction that surprisingly didn’t transpire was China’s accord with Putin’s actions. By abstaining from the vote at the UN Security Council, the Chinese have shown that even they refuse to condone the deeds of this sinister dinosaurian throwback. One thing you can take to the bank is that Putin would never have risked this invasion if Trump had still been at the helm! This evil opportunist perceived his potential enemies, with its sad bunch of weak leaders, scuttling out of Afghanistan and all rather more absorbed in appeasing the woke brigade than taking any robust military action ‐ and pounced. By the same token, with our lamentable efforts to prevent ‘global warming,’ we have closed down our oil and energy production to such an extent we have become disproportionately reliant on supplies from the East, which is subsequently restricting our ability to impose more effective sanctions. In other words the liberal lefts are
TRAGEDY responsible for even more misery than already anticipated ‐ I told you they were dangerous! What the blinkered greens refuse to acknowledge is that for every mine or factory that closes in the West, the equivalent opens in the scornful East. These disillusioned tree huggers live in the same Shangri la la land we all craved in the marihuana haze of the 60s; a time when we thought that peace and love would prevail and people would spend a blissful existence dancing around with flowers in their hair. As much as I too would love to think that this was the future of the human race, in the world of today’s realities it just ain’t gonna happen. Try asking one of those brave Ukrainian fighters what they think of gender free toilets and political correctness, when their people are being murdered and their country laid to ruins by a neighbouring tyrant. And what about those defiant and brave citizens who are standing up to the might of one of the most powerful nations of the world? Shades of ‘The Mouse that Roared’. Even the
housewives are signing up to fight. They are a pure antithesis of the cowardly boat mob; deserters that have fled their countries and left it to their enemies while they plead for succour in the West ‐ another action the lefties condone. It’s time we put all these misdirected ‘holier than thou’ PC clowns back in their woolly boxes and rearrange our priorities before it’s too late. In about a thousand years, when the human race mutates to more mundane matters, we can bring ‘em all out again. Till then we must get back to reality and support the beleaguered Ukrainians in any way we can. Let’s just hope someone in Russia sees sense and rids us of this evil dictator, before his ego involves us all in a war none of us can win! Keep the faith Love Leapy leapylee2002@gmail.com. expatradioscotland Monday and Friday 1pm till 4pm. 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
TV & Film Review by Laura Kemp
Documentary review - A fatal flaw in Downfall: The case against Boeing NETFLIX’S Downfall is a fright‐ ening look at what caused two Boeing planes ‐ considered the safest aircraft in the world ‐ to crash, killing 346 people. This documentary has a re‐ spectable critic rating of 89 per cent and an audience rating of 92 per cent on Rotten Toma‐ toes, and the reviews on social media are just as positive. This shocking documentary uncovers the negligence and corporate greed that led to the two fatal crashes that hap‐ pened just months apart ‐ Lion Air Flight 610 on October 29, 2018, and Ethiopian Airlines Flight 302 on March 10, 2019. The opening scene is an air‐ port, a place that we usually think about with excitement, travel and opportunities ‐ con‐ trasting the terrible and terrify‐ ing fates that the pilots and pas‐ sengers had aboard the two ill‐fated Boeing 737 Max planes. The documentary, which is directed by Academy Award‐
nominated filmmaker Rory Kennedy, brings to light the shocking cover‐up from Boeing and their PR attempt at blam‐ ing the Ethiopian plane crew. Boeing had, in fact, failed to train its pilots and pro‐actively decided to not inform them about the MCAS safety system which ultimately led to the tragedies. It also exposes the larger questions about America’s ethos, Wall Street’s involve‐ ment and a culture of reckless cost‐cutting ‐ regardless of hu‐ man safety. This documentary is clearly narrated, including testimony from ex‐pilots, ex‐engineers who used to work for Boeing helping build planes, and the families of victims of the crash‐ es. It is an exceptionally strong expose with a clear aim that still does not take away from the tragedy of 346 people losing their lives. Downfall is now available to stream on Netflix.
FEATURE
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3 - 9 March 2022
EWN 19
ALL YOU SNOWFLAKES, JUST GROW UP! tions of fighting’ and that Albert Ca‐ upset you snowflakes. mus’s The Plague ‘depicts people suf‐ Heaven help us when you actually NORA JOHNSON fering from a serious illness’. head out into the real world, you’re BREAKING VIEWS The Almeida Theatre likewise is‐ going to be unemployable! Trigger sued trigger warnings for its latest warnings and safe spaces on campus Nora is the author of popular psychological suspense and crime production of Macbeth, including the t e a c h y o u t o r u n f r o m y o u r f e a r s thrillers and a freelance journalist. Samaritans’ helpline in case people when you’re better off facing up to To comment on any of the issues raised in her column, go to need support. them. www.euroweeklynews.com/3.0.15/nora-johnson Whatever next? A warning on the Snowflakes fully equipped for life f i r s t p a g e o f a c r i m e t h r i l l e r t h a t in the 21st century? Next you’ll be THE University of Chester issued someone, possibly even another per‐ telling me Father Christmas doesn’t trigger warnings for Harry Potter, son, will be dead by the last page? e x i s t ! W e l c o m e t o t h e B r a v e N e w The Hunger Games and Northern Help! My latest crime thriller, The World ‐ full of human beings perma‐ Lights because they could provoke Sentinel (all profits to Costa del Sol nently stuck in the ‘'terrible twos’. ‘difficult conversations about gen‐ Cudeca cancer charity as you know) der, race, sexuality, class and identi‐ is now available in audiobook format Nora Johnson’s psychological crime ty’. (narrated by acclaimed actor Rayner thrillers ‘The Sentinel’, ‘No Safe Maybe their Maths degree course Bourton ‐ ‘Rocky’ in the original Lon‐ Place’, ‘Betrayal’, ‘The Girl in the starts with Adding and Taking‐Away, don production of The Rocky Horror Woods’, ‘The Girl in the Red Dress’, since it seems their English one be‐ Show) ‐ perhaps I’d better switch to ‘No Way Back’, ‘Landscape of Lies’, gins with children’s books. And fantasy and fairy tales! ‘Retribution’, ‘Soul Stealer’, ‘The De maybe their art department uses But if English literature’s too upset‐ Clerambault Code’ (www.nora‐john crayons, since paint might get their ting to study, how about geology? son.net) available online as eBook hands dirty. Nope, earthquakes, tsunamis, volca‐ (€0.99; £0.99), Apple Books, paper‐ My latest crime thriller now available. A useful trigger warning has been noes kill people. Medicine? Nope, back and audiobook. issued by Aberdeen University for people have dreadful diseases and s e n s i t i v e s t u d e n t s g i v e n R o b e r t ‘kidnapping’. die. Biology? Ditto. Physics? Potential To read more articles from our columnists Louis Stevenson’s novel Kidnapped Most considerate of them! Hope‐ to create nuclear weapons. Perhaps and to have your say in the comments go to read. Staff cautioned them that fully they’ll also warn that Tolstoy’s better not go to college at all, if hu‐ to www.euroweeklynews.com the book contains depictions of, err, War and Peace may ‘contain depic‐ man beings and the world we live in Nora Johnson’s opinions are her own and are not necessarily representative of those of the publishers, advertisers or sponsors.
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FEATURE
Community in conflict CLAIRE GORDON FINDING BALANCE IN AN UNEVEN WORLD
SO conflict be‐ tween Russia and Ukraine is upon us, like it
has been threatening for eight years before the Western media picked it up and decided to make it the main headline. As the front‐ line tightens and physical combat becomes a reality, misinformation spreads and fights a separate war within the realm of the in‐ ternet. People ask on local forums whether certain shops and bars are owned by Russian citizens as if the boycott of those small en‐ terprises has an effect and impact on the wider scope of Putin’s advance into for‐ eign lands. People think that by separating people into ‘us and them’ they are contributing to resistance against a singular leader and his misguided warmon‐ gering. What some people are
failing to understand is that one leader’s foray into inva‐ sion does not reflect an en‐ tire country’s mentality. There are thousands of Rus‐ sian people protesting Putin’s acts of aggression, even though they face ar‐ rest and brutality for doing so. The correlation be‐ tween Putin’s actions and the will of his people is as unfounded as saying every English person is 100 per cent behind Boris Johnson and every decision he makes while in office. Government and press offices are sometimes in place to turn people against one another. Something the Tory party has been ex‐ celling at since they came to office is ‘divide and con‐ quer.’ Most people have no
choice in whether their re‐ spective countries go to war. It is the leaders of a country that determine for‐ eign policy and work out how to drag their people along. It is usually a matter of explaining how they are under attack by ‘others’ and telling them they must protect themselves while being patriotic to the place that they were born into, dismissing the people who were unfortunate enough to land outside of the bor‐ ders put down across the land they know. While some people decry the work that left‐leaning people do amongst the big‐ ger picture that is the world today, I feel it is more im‐ portant than ever to re‐ spect the individual. We are, after all, all people at
the end of the day, regard‐ less of where we were born or the colour of our skin. The more that we can band together in the face of self‐ centred, conflict‐focused leaders and build communi‐ ty and self‐sufficient net‐ works, the better we can survive and stand resilient as the corrupt world around us crumbles. Every person having their own state and their own means to live in the world without being reliant on a capitalist system is basically what so‐ cialism is all about and the work the left does feeds in‐ to this. It shouldn’t be ig‐ nored. 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.
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EW YOUR PAPER - YOUR VOICE - YOUR OPINION Letters should be emailed to yoursay@euroweeklynews.com or make your comments on our website: www.euroweeklynews.com Views expressed and opinions given are not necessarily those of the EWN publishers. No responsibility is accepted for accuracy of information, errors, omissions or statements.
OPEN LETTER TO THE From our Facebook MAYOR OF TORREVIEJA HOW is it possible that a family occupying a house on a street in Torrevieja, can tear down part of the wall in front of the house to raise it with new bricks? Then they re-wall the neighb o u r ’s e n t r a n c e i n t h e w a l l with bricks and cement, a little later they tear down part of the n e i g h b o u r ’s w a l l , t o r a i s e i t with new bricks, without any authority caring in the least. Has the family occupied this house as well? Does this mean that if I want a larger living space, can I then make an opening from the inside of my house to the neighbour and take over his house and re-wall the entrance to the wall? Neighbours (Address redacted)
Long delays at Palma airport again JUST a quickie, over one hour wait to get through Passport Control @ the airport again. Appears to be prejudice against third world visitors,
PROBLEMATIC: Can people just do what they want?
British, as two control officers for about 400 plus people. European walk through. Also what has happened to taxi fares, gone through the ceiling. Ridiculous how much things have gone up on the Island. Regards Nick
Love that Claire!
Thank you Euro Weekly News!
IT’S nice to see a different and
Emma
PUTIN: What should the western leaders be doing?
Zendini Escapologist Yes they could actually fight against him, sanctions against a billonaire will not work, only make the ppl suffer ppl are dying
Peter Chapman They could stop recruiting for NATO.
Miss-o GH
PRAY FOR UKRAINE THE situation in Ukraine is so fluid that it is pointless to do more than record some of the events of the past few days and consider how they apply to those of us living in Spain and the UK. At the end of the day, as individuals we are essentially helpless to influence events, but we can publicly show our support for those experiencing the horrors of invasion although whether that really makes any difference is difficult to know. The sunflower is Ukraine’s national flower and symbolises the warmth and power of the sun, so many people are taking images of fields of sunflowers and posting them on social media to show their support for the people. This is particularly pertinent for Andalucia which is one of the major areas of growth in Spain although they are grown commercially in
CORRECTIONS
fresh point of view. Seems like people are quick to complain about everything but don’t want to take any responsibility (Leaps), but Claire is reflective and shows that THINKING is the way to go. I might be old but I like to always keep an open mind and an open heart to everything.
OUR VIEW
many parts of the country. Although war can bring significant income for the arms producers, it can also hurt the financial position of those who have made their fortunes, as the value of shares drop and sanctions take effect on the wealthy in Russia. It is reported that a number of oligarchs have met with President Putin to tr y to pressurise him into pulling back, not necessarily out of the love of peace, but more likely for the love of commerce and money. I r o n i c a l l y, i n B r i t a i n , o n e o f P o r t u g a l ’s newest passport holders, Roman Abramovich has reportedly been banned from living in the UK and has ‘handed over’ control of Chelsea Football Club to supporters one day before they beat Liverpool in the Carabao Cup wearing a strip of blue and yellow, the colours of Ukraine. The sooner sanity returns the better for all.
What they can do now, is answer a question: where have they suddenly got so much millions €, to be sent to Ukraine, if till now they were even struggling to pay salaries to their own population, being in crisis practically at the edge of poverty?
Jeanette Richardson Just get rid of him, one way or another surely someone can do the job before he becomes another Hitler.
Jason Acn Yes if all the countries don’t stand by and by and unite against this madman, they must be made accountable !!!
Erika Stanbury If he can send Russians in undercover, why can’t the west do the same, and help where it really matters?
Celia Emery What else could they do well, they could really stand up to him.
At the EWN, we pride ourselves that reports are accurate and fair. If we do slip up, we promise to set the record straight in a clear, no-nonsense manner. To ask for an inaccuracy to be corrected. Email: editorial@euroweeklynews.com
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Urinary problems in dogs and cats HERE are some signs that may lead you to think that your dog or cat has a urinary tract problem: Change in urine colour and increased turbidity Presence of blood in urine Strong smell of urine Straining or pain when urinating He urinates at home or in cats outside the litter box Needs to be let out more often (Increased amount or fre‐ quency of urination) Licking the vulva or penis Fever Lethargy Higher water consumption Vomiting Changes in appetite Weight loss What Causes Urinary Tract Problems in Dogs? There are many causes of lower urinary tract problems: Inflammation or infection of the bladder or kidneys Presence of stones, crystals, or cellular debris in the bladder or urethra Trauma, congenital anomalies or cancer in the kidneys, ureter, bladder or urethra. Prostate disease Spinal cord abnormalities Diagnosing urinary tract problems requires your veterinari‐ an to do a physical exam that includes checking the kidneys and bladder. They will also likely perform a urinalysis. A urine culture, blood tests, ultrasound, or X‐rays may also be neces‐ sary, depending on findings. Sometimes it is even necessary to perform a CT scan for more complex pathologies.
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Rafael Nadal wins the Mexican Open title SPANISH tennis champion Rafael Nadal won the Mexi‐ can Open tennis tournament in the city of Acapulco on Sun‐ day, February 27. The fourth seed clinched a 6‐4 6‐4 victory over Cameron Norrie, the new British number one, while not dropping one single set all the way through the competition. “At the start of the year this was unimaginable,” said Nadal, who, in a dramatic turnaround, has recovered from a foot injury that he thought would finish his ca‐
VICTORY: The youngest and oldest player to win the tournament. reer. He has now won all three tournaments he entered so far in 2022. “A month and a half ago nobody would have be‐ lieved it,” he enthused. Nadal picked up a record 21st major men’s title when he
won the Australian Open back in January, while also being vic‐ torious in the warm‐up com‐ petition held in Melbourne. This win gives him an incredi‐ ble total of 91 men’s titles. By winning in Acapulco, the
Abramovich walks from Chelsea ROMAN ABRAMOVICH, the billionaire owner of Chelsea FC on Saturday, February 26, sensa‐ tionally announced he was walking away from the North London club, who are the current champions of Europe, on the eve of their Carabao Cup final at Wembley against Liverpool. The Russian businessman bought Chelsea in 2004, investing millions in new players over the course of his time at Stamford Bridge. His deci‐ sion is clearly linked to the Russian invasion of Ukraine, and he is known to be a personal friend of Vladimir Putin.
He released a stunning statement on the club’s website, “During my nearly 20‐year ownership of Chelsea FC, I have always viewed my role as a custodian of the club, whose job it is ensuring that we are as successful as we can be today, as well as build for the future, while also playing a positive role in our communities,” he wrote. “I have always taken decisions with the club’s best interest at heart. I remain committed to these values. That is why I am today giving trustees of Chelsea’s charitable Foundation the stewardship and care of Chelsea FC.”
Spaniard becomes both the youngest and the oldest player to win the tournament. His first Mexican victory was back in 2005, aged just 18. He won it again in 2013 and 2020. Norrie came into the Mexi‐ can Open off the back of a fine win last week in Florida’s Del‐ ray Beach, and has moved up to 12th in the world rankings. The 26‐year‐old Brit held his own in the first set, before Nadal capitalised on the only breakpoint in the fifth game. Evenly poised at 1‐1, the sec‐ ond set suddenly slipped away from Norrie as the Spaniard racked up four games in a row. Nadal subsequently set up two championship points in the next game with a stunning pick‐ up volley, but only needed one of them after Norrrie hit his forehand long. Speaking after the match, Norrie said, “Rafa doesn’t give you any free points, and if you give him one or two he takes advantage of them. It is im‐ pressive to see how he still does it.”
Footballer booked for t-shirt message PREMIER LEAGUE footballer Matty Cash scored the open‐ ing goal on Saturday, February 26, for his club Aston Villa, in their splendid 2‐0 away win against Brighton, but was then booked. Cash promptly celebrated by taking off his jersey to display a message written on his t‐shirt underneath to former Polish teammate Tomasz Kedziora. The 27‐year‐old Pole is currently playing as a defender for Dynamo Kyiv, in the capital of war‐ torn Ukraine. The message read, ‘Tomasz Kedziora + family, stay strong bro’. Following strict FA rules about players removing their shirts, referee John Brooks had no option but to give Cash a yellow card. Brooks’ action caused controversy in the Sky Sports studios, who were covering the match. Presenter Jeff Stelling roundly criticised Brooks for being an ‘inexperienced’ Premier League official, and urged the FA to scrap the booking. “He’s been booked for it! John Brooks is an inexperienced Premier League referee,” exclaimed Stelling. Adding, “Hopefully when people come to their senses, the Premier League will just ignore that. They should just ignore that.” Users on social media were quick to comment, although to be fair to the referee, he was only following guidelines laid down by the FA. One user commented, “Is the ref joking? That is actually ridiculous,” while another wrote, “It is the law to be booked for that, but the inexperienced ref could have shown some compassion and common sense and let him off.”