Mallorca 9 - 15 June 2022 Issue 1927 by Euro Weekly News Media S.A.

THE BEST FINANCE NEWS ON PAGES 18 - 22 Issue No. 1927

9 - 15 June 2022

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NEW DISCOVERY Tamsin Brown THE exploration of the Punic shipwreck in El Sec, Calvia, from the fourth century BC, is being car‐ ried out thanks to a grant of €54,316 from the Con‐ sell de Mallorca’s Direc‐ torate of Heritage. On June 2, the Consell an‐ nounced that newly dis‐ covered materials had been retrieved from the shipwreck. They will be investigated and then handed over to the Muse‐ um of Mallorca. The newly recovered pieces include ceramics, jewellery, metal objects and foodstuffs such as co‐ riander and almonds. “We are amazed,” said Carlos de Juan, one of the co‐directors of the pro‐ ject, speaking of the find‐ ings of part of the ship’s cargo and the state of the naval architecture. The research will provide im‐

Some of the top names in tennis will participate in the Mallorca Championships.

MALLORCA TENNIS CHAMPIONSHIPS 2022

Image: Balearic Islands Government

New objects have been discovered from an ancient shipwreck in Calvia.

portant information about trade in the Mediterranean during that historical period. According to de Juan and the other co‐director, Sebastià Munar, the idea

of exploring the ship‐ wreck again after it had not been touched for 50 years arose after the un‐ derwater archaeological survey of 2019 showed that there were still re‐

mains of wood. With more modern means than in the 1970s, it was found that there were still some areas to excavate, which led to the discovery of the materials.

FINLAND ADMIRES LLOSETA ON June 1, the vice‐president of the Balearic Islands Government, Juan Pedro Yllanes, visited the Lloseta plant with the ambassador of Finland to Spain, Sari Rautio, and the honorary consul of Finland in the Balearic Islands, Carlos Panizo. The visit had been ex‐ pressly requested by the Finnish delegation. Yllanes said: “We are aware that we have to take steps to mitigate the effects of climate change. In the Balearic Islands, we have made progress in this pio‐ neering project, which is serving as an example for oth‐ er territories, not only in Spain but also in Europe.”

A Finnish delegation visited the Balearic Islands’ pioneering Lloseta plant.

FROM June 18 to 25, the tennis courts of the Mallor‐ ca Country Club in Santa Ponça will host the best players in the world for the Mallorca Championships in what will be the second year in a row. Some of the world’s top players have already con‐ firmed their presence, including the Russian Daniil Medvedev, the Australian Nick Kyrgios and the Span‐ ish Pablo Carreño, Roberto Bautista and Feliciano López. Toni Nadal, the director of the tournament, an‐ nounced: “Feliciano López has received an invitation to play in the Mallorca tournament. We are happy to receive a line‐up of very good players every year: surely because of the quality of our grass courts, but the island already stands out for its beauty.”

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9 - 15 June 2022

Rafa Nadal statue ON Monday, June 6, the Mana‐ cor Town Hall announced that it would be paying homage to the sporting greatness and colossal tennis career of its most illustri‐ ous resident, Rafa Nadal, in the form of a statue. Rafa Nadal was born in Mana‐ co, in 1986, where he also has his own tennis academy. He has won a record 21 Grand Slam ti‐ tles, and on Sunday, June 5, he was proclaimed champion of the Roland Garros tennis tour‐ nament in Paris. In a message on Twitter, the town hall of Manacor expressed its intention to pay tribute “to the greatest tennis player of all time” with the statue, saying that “Nadal deserves recogni‐ tion in Mallorca so that he feels rewarded.” As explained by the town hall, the decision was jointly made by the spokespersons of all the groups with municipal representation, together with the mayor of Manacor, Miquel Oliver.

Cleaning up Magaluf Tamsin Brown ONn June 3, volunteers from the Red Cross and two cleaning brigades from the mental health association Estel de Lle‐ vant carried out a cleaning operation of the Critical Bi‐ ological Area (ABC) of the Marina de Magaluf, in col‐ laboration with the Envi‐ ronmental and Ecological Transition Service of the Calvia Town Hall and the Regional Ministry of the Environment and Territo‐

Image: Calvia Town Hall

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Around 350 kg of waste have been retrieved from the Marina de Magaluf.

ry. Around 350 kg of waste was collected, enough to fill four large containers with plastic packaging, two containers

with glass and two con‐ tainers with general rub‐ bish. This initiative is part of the European campaign Let’s Clean Up Europe

Direct flights from New York THE first direct flight from New York, from United Airlines, arrived in Mallorca on June 3 with all 204 seats filled, mark‐ ing the start of a new stage of opportuni‐ ties for Mallorca in the North American market. The president of the Consell de Mallorca, Catalina Cladera, attended the welcome ceremony for the arrival of the direct flight from Newark airport.

The seasonal service run between Pal‐ ma and Newark three times a week until September 23. Cladera said: “The new United Airlines route opens a window to Mallorca from New York, a direct view through which we want to showcase the unique elements that the island has to offer.” She added: “Our island is a first‐ class tourist destination.”

‘FUTBOL-IN FEMENÍ’ is a pilot pro‐ ject of the Marrachi Department of Social Services that started earlier in 2022 and uses football as a means of social integration and personal growth. The team is currently made up of 15 girls between the ages of 12 and 23. All of them are studying, except for one who is already work‐ ing.

2022. The aim was to clean up an area of special biological interest, raise public awareness about the problems caused by waste and rubbish and teach people about the endemic species that can be found in Magaluf and the efforts being made for their conservation. The cleaning operation also involved the partici‐ pation of the municipal cleaning company Calvia 2000, which provided the containers for the waste and removed them once full.

Girls’ pilot football project The people in charge of the pro‐ ject are very satisfied with the progress made by the group be‐ cause in just a few months they have managed to form a dedicated and committed team.

NEWS

Manacor Sports Gala THE Sports Gala held on June 2 recognised the efforts and achievements of athletes that were either born in Manacor or who are linked to one of the town’s sports clubs. Bel Aguilar, the driving force behind women’s sport in Man‐ acor, was the patron of the event, which included speech‐ es by the mayor, Miquel Oliv‐ er, and the councillor for Sports, Artur Aguiló. Miquel Oliver highlighted the “values, perseverance and personal development of sportspeople,” and congratu‐ lated the family members and clubs that support them. “It was necessary to recognise all the people who have made history for Manacor over the last three years. It was neces‐ sary to show that we are proud of our sportsmen and women,” he said. “Sport has been my life, and Manacor has many athletes. We have a very good first team, great coaches and clubs and families that support us with a lot of sacrifices,” added Aguilar.

Through sport, the girls develop social and emotional skills such as empathy, assertiveness, respect and teamwork. One player, Paula, said that a social educator invited her to try out as she has liked football since she was a little girl. “I really liked it and I stayed at Futbol‐in. The truth is that now I’m learning to play and I like coming.”

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NIBS EXTRA Noise screens THE Department of Mobility and Infrastructures of the Consell de Mallorca has be‐ gun to install five‐metre‐ high sound‐absorbing screens on Calle Hostalets de Portals in Calvia. The aim is to reduce the noise from the traffic that was affecting the residents of the area. The screens are also anti‐ graffiti.

Pools open THE Marrachi Town Council will open its municipal swimming pools in Pla de na Tesa, Sa Cabana and Portol from Friday June 10. Those wanting to enjoy the service should sign up at piscines.marratxi.es, where all the details can be found. Information about summer swimming courses will be available soon.

Tax reductions THE 50 per cent reduction in all municipal taxes for ser‐ vices for the elderly, includ‐ ing day centres, teleassis‐ tance and home help services that the Capdepera Town Hall approved on April 12 has come into ef‐ fect. The town hall wishes to support families through measures that facilitate the care of the elderly.

New mayor DOMINGO BONNÍN has taken over from Bàrbara Re‐ bassa as the mayor of Alcud‐ ia. Bonnín is from the liberal party Proposta per les Illes, often referred to simply as ‘El Pi’. He received plenty of words of encouragement and support from his fellow councillors.

Give blood THE Balearic Blood and Tis‐ sue Bank has warned that it urgently needs donations of blood groups O‐ and O+. Any healthy person aged 18 to 65 weighing more than 50 kilos can donate blood. It takes between 20 and 30 minutes and helps to save many lives. Make an ap‐ pointment the website www.donasang.org.

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Huge delays at airport Peter McLaren-Kennedyn COMPLAINTS by tour operators and hoteliers in Mallorca say that the passport control services are understaffed and have been overwhelmed resulting in delays of nearly three hours. According to a report by the British press, airlines flying into Mallorca say the problem started at the end of April when passenger volumes picked up. The problem, which is said to be worse on Tuesdays, Fridays and Saturdays, occurs during peak times. The Balearic Business Federation of Transport (FEBT) who have met with the minister concerned to try and sort out the problem, said: “All flights from the UK, as a consequence of Brexit, are affected by passport controls in the airport terminal building. The massive arrival of tourists has collapsed this service, so this problem must urgently be solved - now that we still have time.” Salvador Servera, the federation’s manager said: “The minister told us that the problem will be solved in June with the arrival of police forces as part of Operation Summer, but it is vital that this is the case, as the whole season is at stake.” The FEBT has called for “coordination in the services to

MALLORCA: Fears visitors would get a “bad image.”

protect the image” of the island’s services, echoing a call by Javier Gandara, President of the Airlines Association in Spain. Gandara said he said he feared queues would leave visitors with a “bad image” of the country. Complaints about “long delays” at Mallorca passport control were also made by police union SUP earlier this month as it demanded the deployment of more officers at Palma Airport.

Tourists ordered to pay €500,000 damages JUDGE ANTONI ROTGER, the head of the Investigating Court No8 of Palma de Mallorca, on Saturday, June 4, justified the claim of €500,000 in civil liability made against 13 German tourists who were arrested for allegedly setting fire to a bar. The magistrate agreed that there were “high damages” caused by the fire in the resort of s’Arenal on Friday, May 20. They had been investigated for an alleged crime of arson with a serious risk to the public, according to local press. However, the precautionary measure that Judge Rotger im-

posed on each of them varied depending on their alleged involvement in the events. Only one was released with charges, four were granted bail of €12,000 each to leave jail, while eight were sent back to prison without the possibility of bail. As a result of the blaze, damage was reportedly caused to a restaurant, a pub, the hotel where the defendants were staying, as well as a house. His decision was made based on the findings of a report prepared by the firefighters who tackled the fire, both those of Palma Fire Station, and of Mal-

lorca, after their intervention in the incident. According to the report, the roof of the restaurant terrace was ‘totally affected’, as was all the furniture in the area and the facilities of this establishment. The high temperatures caused the roof tiles to break. Meanwhile, the pub located below suffered leaks from the water coming from the upper floor. Serious damage was caused to the house located above the restaurant, to the furniture on the terrace, and from smoke leaked into the interior. The hotel where the alleged perpetra-

Perfect property pairings LEADING Spanish home builder Taylor Wimpey España is inviting people to find their perfect property pairing in Mallorca, as the new season of Love Island focuses Britons’ attention on the sun‐kissed island once more. Kicking off in early June, Love Island sea‐ son eight has already got people talking. The 2021 finale attracted 2.8 million view‐ ers (430,000 more than the 2020 finale). The countdown to the new episodes in‐ cluded the release of pictures of the villa’s sparkling swimming pool. And with average temperatures of 26°C in June rising to 30°C

in August, pools are a core concern for holi‐ day home buyers on the island too. Marc Pritchard, the sales and marketing director of Taylor Wimpey España, said: “We currently have seven developments underway in Mallorca, so there are proper‐ ties to suit all tastes. Whether buyers are looking for a home by the beach, close to golf courses and other sports facilities, in a secluded area or somewhere livelier, we can pair their desires with the perfect prop‐ erty.” For more information visit https://www.taylorwimpeyspain.com/.

tors of the fire were staying was ‘affected by smoke inside, and on the façade’. ‘Breakage of the glass of the adjoining terrace’ was also registered by the establishment. After referring to this list of damage, the judge highlighted the existence of injured people ‘whose consequences have not yet been determined’. The judge considered they must face ‘pecuniary responsibilities’.

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Accident with police vehicle A MAN has died and two others were injured when they were hit by a Local Police vehicle. The accident happened shortly after 00.30am on Thursday June 2. The Local Police vehi‐ cle was in the process of responding to an emer‐ gency call when the acci‐ dent happened, accord‐ ing to local press. The city council of Pal‐ ma confirmed that, “one of the injured has died as a result of his injuries. We have no further per‐ sonal information about the deceased beyond the fact he is male and the injuries he sustained after being hit by the Lo‐ cal Police Vehicle are the cause of his death.” The other two injured parties were a 35‐year‐ old woman with very se‐ rious injuries who was transferred to Son Espas‐ es hospital in Palma. The 25‐year‐old man, who was reported to have suffered less seri‐ ous injuries, was treated at the Juaneda Clinic. The Local Police of Pal‐ ma, has expressed its condolences.

and finally... THE new @bicipalma profile was launched on Instagram, Twitter and Facebook on Friday June 3 to mark the occasion of World Bicycle Day. The new channel will be used to inform residents and visitors about BiciPalma, the public bike rental service which will be expanded in Palma from the end of the summer. The Palma councillor for Sustainable Mobility said that the intention is to make citizens aware of the changes that BiciPal‐ ma will bring. “Taking advantage of the fact that today is World Bike Day, we have created a profile to show the details of the new additions to the BiciPalma service,” he said. The new BiciPalma service involves an investment of €2,624,350 and is financed by the Next Generation Funds through the Ministry of Transport, Mobility and Urban Agen‐ da (MITMA). The number of stations will be increased from 37 to 72, with 800 new bicycles, of which 240 will be electric and 560 mechanical, and more docking points. Up to 20 more neighbourhoods will be reached in Palma.

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9 - 15 June 2022

Desperate search for woman A WOMAN was reported to have fallen overboard from a cruise ship on Sunday, June 5, whilst it was passing Mallorca. Spanish emergency services were im‐ mediately deployed and a search and rescue operation was initiated in the Mediterranean Sea. The incident is believed to have oc‐ curred at around 2am local time, only a few hours after the Azamara Quest had left the Catalan port of Barcelona. Two helicopters manned by Spanish coast‐ guard operatives were joined by a ship,

but there has been no sign reported of the unidentified woman. “Today at 2am, the cruise liner Aza‐ mara Quest informed our centre in Pal‐ ma about a person who had fallen into the water 75 miles off Mallorca,” con‐ firmed a Coastguard spokesperson. They continued: “Our Helimar 206 and 223 helicopters have been searching for her all night, in an operation which has also involved the cruise ship and our vessel Concepcion Arenal.” The Azamara Quest had set sail on an

eight‐day adults‐only voyage, heading for the Moroccan port of Casablanca. She was due to dock early on Monday, June 6, in the Costa del Sol port of Mala‐ ga. Royal Caribbean originally owned the entire Azamara fleet but sold it off to pri‐ vate equity firm Sycamore Partners dur‐ ing the pandemic. After more than two years out of action, the Azamara Jour‐ ney was the first of the fleet to return to the open sea when it departed from Greece only last month.

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Railway expands Tamsin Brown THE Department of Mobility of the Balearic Islands Govern‐ ment, through the public Mal‐ lorca Railway Service (SFM), will soon hire technical ex‐ perts to perform several preparatory studies in order to extend the Railway Net‐ work of General Interest of the Balearic Islands. This was announced on Monday June 6 by the coun‐ cillor Josep Marí at a meeting with the mayors of Arta, San Lorenzo del Cardezar, Mana‐ cor and Son Servera. Marí stated the Balearic Is‐

lands Government continues to be committed to quality public transport and more sustainable mobility following various improvements that have been made to the rail‐ way infrastructure and service over the years, such as better fares and increased frequen‐ cy. He said the time has come to expand the rail network, which is why the preparatory studies have begun, and that part of the expansion will in‐ clude the long‐awaited recov‐ ery of the historic routes of the Llevant train.

Gambling laws ACCORDING to Palma’s new General Plan, which was initially approved in 2021 but is still being finalised, gambling establish‐ ments will not be permitted to be opened within 500 metres of green zones or educational, health, welfare, social, cultural, multifunctional or sports facilities. Gambling halls, bingo halls, casinos and betting shops are public establishments with the same density restrictions as bars and restaurants. This means that there may be no more than three in a 50‐metre radius, and no two establishments may be next to each other. “These establishments have harm‐ ful consequences for public health, society and the economy, which is why measures must be taken to limit their prolifera‐ tion,” said the councillor for the City Model, Decent Housing and Sustainability, Neus Truyol, on June 7. “These are also premises that may be frequented by children and young peo‐ ple, and this is even more alarming,” she added.

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Standing together to support World Environment Day MARTIN BLAKE from Specsavers Óp‐ ticas in Santa Ponça passionately be‐ lieves that we should all be doing our bit to minimise our impact on the environment. In sup‐ port of World Environment Day (June 5) he’s offering the following advice. “I’d recommend that everyone tries to take simple steps to support the en‐ vironment such as investing in a reusable water bottle, stopping using single‐use plastic water bottles and plastic bags and recycle everything we can. We can also be a conscious con‐ sumer and choose eco‐friendly options where possible.” Specsavers Ópticas in Santa Ponça are proud to be part of the Cleanwave‐ movement’s network of refill points, an initiative by the Cleanwave Foundation, which aims to facilitate access to water and life without plastic. They have 35 public water fountains, sell reusable stainless‐steel bottles and encourage people to use their refill points and wa‐ ter fountains to avoid the need to buy plastic bottles of water. Specsavers Ópticas in Santa Ponça is one of 60 refill points to be found on

the island of Mallor‐ ca. The store also switched from plas‐ tic to paper bags and they have made a commitment to recy‐ cle all plastic waste. They also offer an option for customers to recycle their glasses by dropping them in store. These glasses are then sent to the char‐ ity Stop Ceguera, for distribution to communities in need. They also sell ranges of eco‐friendly glasses, incorporating recycled plastics into the making of the frames. In the ReWear range each frame is made from five discarded water bottles, repur‐ posed into plastic chips. In the Vivienne Westwood eyewear collection, each frame is partially made from Eastman Acetate Renew, which is a combination of recycled single‐use plastic and bio‐ based materials that come from sus‐ tainably sourced wood pulp. Refill your water bottles in store on Avenida Rei Jaime I 117, or drop off un‐ wanted glasses to be recycled. Find out more about Cleanwave at www.cleanwave.org or visit www.spec savers.es to browse eco‐friendly glass‐ es.

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British Embassy celebrates

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JUBILEE FUN: The British Ambassador hosted guests from across Spain.

ON Thursday, June 2, the British Embassy in Madrid hosted a patriotic day of ju‐ bilee fun at the Ambassador’s residence. The ambassador welcomed guests to his residence, before talking about the importance of the jubilee and Her Majesty’s reign. He explained: “It is a testa‐ ment to the respect we have for the Queen that you are all here today. “The Queen has been on the throne through some of the most extraordinary mo‐ ments of the last century, in‐ cluding the fall of the Berlin Wall, and before that even the building of the Berlin “all! “She had been on the throne 13 years when I was born and I would have to

work another 40 years just to match her.” He added: “We all have our own impressions of the Queen, but for me, among her many jobs, she is my boss. The ambassador then re‐ vealed that as part of the ju‐ bilee celebration and the Queen’s Green Canopy scheme, British embassies around the world have been planting trees to mark Her Majesty’s remarkable reign. Michel Euesden, publisher of the Euro Weekly News, said: “It was so refreshing to hear a representative of the UK so warmly congratulate the health system of Spain, a truly marvellous, underrated asset of our adopted home‐ land.“We need to ensure our vulnerable and elderly obtain

ery assistance weaving their way through this now we are entrenched in the post Covid Brexit era. “Our voice must be united in saying, ‘go and see the doc‐ tor. Don’t wait until it is too late. Go TODAY’.” Lynda Woodin, of the British Benevolent Fund, Mar‐ bella, also praised the event. She said: “It’s a wonderful day! It’s so lovely to meet so many other workers from across Spain.” Thank you from the Euro Weekly News to the ambas‐ sador for hosting the event, as well as his team for their work bringing everyone together for the day, and the brilliant Stevie Spit for donating his time to entertain guests on the day.

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Anna Ellis COUPLES can now rent out Barcelona’s iconic Camp Nou Stadium for their special day after it was recently reported the club was in financial trou‐ ble and must generate an in‐ come of €500 million before June 30. The cheapest option for smaller weddings at the ground with around 25 to 50 guests comes in at €1,600. The higher end of the bud‐ get is a package called ‘The Grandstand Hall’, which al‐ lows seating for between 300 and 1,000 people and offers spectacular views of the pitch. This will set couples back €13,500. In addition to the wed‐ dings, Barcelona Football Club also offers fans the chance to play on their pitch. Until Saturday June 11, fans can pay €300 each to play at the Camp Nou for an hour. Friends and family are also able to watch for a fee of €30. The experience guarantees at least 40 minutes of playing time, use of the changing rooms and showers as well as walking out the tunnel.

Wedding bells

ICONIC STADIUM: Can be booked for your special day.

Yacht collision TWO yachts sailing towards the Canary Islands sank after col‐ liding when one went to the aid of the other on Friday, June 3. The Calisto with its two crew members had reportedly ra‐ dioed for help, with the yacht Julios responding to the call. Both yachts were sailing to Gran Canaria. During attempts by the three crew on Julios to assist the Calisto, the two yachts collided and began sinking. The crew managed to float a life raft, abandoning both vessels. A merchant vessel in the area went to their aid rescuing the crew, however, they were un‐ able to salvage the two yachts which have sunk to the bot‐ tom of the ocean. The National Centre for Maritime Rescue, along with its colleagues from Cape Verde, notified the ship that the yachts needed assistance. The vessel had to do a U‐ turn to go back and rescue the sailors, all of whom are un‐ derstood to be in good health with no injuries.

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Tourism recovery

ON Tuesday June 7, the Spanish government con‐ firmed that seats sched‐ uled by airlines to fly to Spain between June and August 2022 exceed 32.4 million, representing a 94 per cent recovery com‐ pared to the same period in 2019, pre‐pandemic, according to the latest data compiled by Tures‐ paña. Spain’s Minister of In‐ dustry, Trade and Tourism, Reyes Maroto, said: “After an exception‐ al Easter Week, we are facing the summer sea‐ son with good prospects, getting closer and closer to pre‐pandemic normali‐ ty. “Spain is confirming its position as one of the most sought‐after desti‐ nations in the world this summer. This demon‐ strates the tourism seg‐ ment getting healthier. With regards to tourism, the government is firmly

committed to million‐dol‐ lar investments in our sun and beach destina‐ tions, amounting to €160 million between 2020 and 2021 alone.” Scheduled capacities

from two main markets for Spain, the United Kingdom and Germany, already show a recovery level of 92.2 per cent and 91.5 per cent respective‐ ly.

Visit cancelled

FORMER King of Spain, Juan Carlos, has yielded to his son King Felipe’s request and cancelled his up‐ coming visit to Spain. Juan Carlos had planned to visit between June 10 and 18, but, in a tense meeting two weeks ago with his son, Juan Carlos was convinced to postpone his trip, according to the media. He recently spent a weekend in Galicia, at the home of a friend, after almost two years of volun‐ tary exile in Abu Dhabi, then visited his son in Madrid. Allegedly, it was a very tense four‐hour meeting between father and son, where it transpired the lat‐ ter had reproached him for the media exhibition of his return to Spain. King Felipe’s concern lies with the damage this would do to the image of the monarchy that he and his wife, Queen Letizia, are trying so hard to restore. Juan Carlos abdicated in 2014 after close to 40 years in power after a corruption investigation.

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EXPLAINER: Why the UK’s travel misery THE UK media has been full of reports about the travel misery the country has and is experiencing, with many asking the question why? For some, the media is

being unduly harsh in their description of the situation saying that the country is not the only one experi‐ encing travel problems. Certainly, the UK is not unique in experiencing is‐

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sues, with Malaga, Dublin and Schiphol airports all making the news in recent days. But in the UK these can‐ cellations seem to have become a daily occur‐ rence. So why as travel returns to normal are the airlines and the airports unable to cope?

come with few or no flights taking place. Many have simply lost millions and therefore have had to cut costs to survive, and that lack of resources is making it difficult for these companies to fund a re‐ turn to normal services.

The pandemic Restrictions brought on by the coronavirus pan‐ demic resulted in airlines losing most of their in‐

Staffing Allied to the issues around the pandemic, most airlines either put their staff on permanent furlough or laid them off in an effort to cut costs. Now that the airlines need

THE EURO WEEKLY NEWS has urged its readers to support lo‐ cal businesses in the community by shop‐ ping locally in recent times. Now things are heading back to nor‐ mal, we challenge you to maintain that habit by supporting local high streets, markets,

butchers, greengrocers and all of the wonder‐ fully quirky indepen‐ dent businesses in your area. Local businesses make our villages, towns and cities what they are. They add unique character. They are convenient. And they

those staff back they are finding that many are un‐ willing to return.

senger volumes, which does appear to have caught the industry off‐ guard.

Clearance and training That then leads to the is‐ sue of training and security clearance. With the num‐ ber of newcomers to the industry, authorities are struggling to deal with the high volume of security clearance applications.

So who gets to take the blame? On the one hand, the government is blaming the travel industry with Trans‐ port Minister Grant Shapps saying that it needs to get its house in order.

Passenger volumes Many of the problems have also arisen as a result of a sharp increase in pas‐

On the other hand, the industry is bemoaning lack of support from the gov‐ ernment.

GO LOCAL

offer excellent produce from known suppliers. The joy of shopping lo‐ cally means that inde‐ pendent businesses can support the local com‐ munity. You may find something a euro or

two cheaper online but have you considered where your money is actually going?By shop‐ ping locally you’re putting food on a local family’s table and there is nothing better than giving back to the com‐ munities that have giv‐ en us so much. Local stores support charities and they sponsor local sports teams. In many cases, they are much more than just a busi‐ ness, they’re a legacy. They may have sup‐ ported generations of the same family. Like‐ wise, 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 local economy. Local busi‐ nesses recirculate a greater share of every euro they receive at lo‐ cal level. They create locally owned supply chains and they invest in their employees. So remember, buy lo‐ cal. When you go shop‐ ping ‐ go local!

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Travel restrictions dropped Eurovision winners Anna Ellis MANY European coun‐ tries relaxed travel re‐ strictions throughout May. However, Italy and Germany are only now removing restrictions, at least temporarily from

June 1. The Italian Ministry of Health announced it would not be renewing the requirement which expired on May 31 for travellers to show a vac‐ cination, recovery or

test certificate upon ar‐ rival, regardless of coun‐ try of origin or depar‐ ture. Italy also scrapped the need for a Passenger L o c a t o r Fo r m o n M a y 31. Karl Lauterbach, the German Health Minister announced the 3G rule to enter the country would be suspended un‐ til September. The 3G rule currently demands travellers present a valid vaccination, recov‐ ery, or test certificate in order to enter the coun‐ try. It will be reviewed after the summer de‐ pending on Covid infec‐ tion rates. If you are travelling to Spain you must show valid proof of one of the following: being fully vaccinated, a negative Covid‐19 test or having recovered from Covid‐19 in the last six months. You do not need to com‐ plete Spain’s Travel Health Control form.

Peter McLaren‐Kennedy THE winners of the 2022 Eurovision con‐ test, Ukraine’s Kalush Orchestra, have auc‐ tioned their trophy to raise funds in the sup‐ port of the country’s army as it fights to re‐ pel Russia’s invading forces. Auctioned on May 29, the proceeds from the sale of the crystal microphone which was sold for $900,000 (€835,000), will go to‐ wards buying drones. The post on their Facebook said: “You guys are amazing! We appreciate each and every one of you who donated to this auc‐ tion and a special thanks to the team Whitebit who pur‐ chased the trophy for $900,000 and are now the rightful owners of our trophy.” According to the

post, the funds will be provided to the Serhiy Prytula Charity Foun‐ dation, an organisation that helps the Ukraini‐ an Army. They will, ap‐ parently, use the funds to buy three PD‐2 un‐

manned drones. Kalush Orchestra won the 66th Eurovi‐ sion Song Contest in the event that took place May 10 to 14 in Turin, Italy with their entry Stefania.

Tamagotchi-like virtual children THE development of com‐ puter‐generated babies could be ‘one of mankind’s most important technologi‐ cal breakthroughs’. The overpopulation crisis could be solved within 50 years, thanks to the evolu‐ tion of ‘virtual children’, ac‐ cording to British media. Catriona Campbell, one of the UK’s leading authorities in artificial intelligence and a former British civil servant and diplomat said, “Comput‐ er‐generated babies that cost just £20‐a‐month are likely to become common‐

place by the early‐2070s,” she said. “We’re already well on our way to creating the Tam‐ agotchi Generation which, for all intents and purposes, will be ‘real’ to their ‘par‐ ents’.” Catriona added: “Virtual children may seem like a gi‐ ant leap from where we are now, but within 50 years technology will have ad‐ vanced to such an extent that babies, which exist in the metaverse are indistinct from those in the real world.”

12 EWN

euroweeklynews.com

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SOCIAL SCENE

Corteo comes to Palma

THE incredible and mesmeris‐ ing Cirque du Soleil is coming to Palma this summer with their new show ‘Corteo’. This show is a great event for the whole family where you can watch the mind‐bending ac‐ robatics of some of the most talented performers in the world! Tickets cost from €50 and are on sale now at www.tick etmaster.es or https://www.cirquedu soleil.com/spain/palma‐de‐ mallorca/corteo/buy‐tick ets. The event will run from from August 5 until August 14 at the Velodrom Illes Balears in Palma, dates and times are as follows: Friday, August 5 and August 12 at 10pm Saturday, August 6 and Au‐ gust 13 at 6pm and 10pm Sunday, August 7 at 6pm Wednesday, August 10 at 9.30pm Thursday August 11 at 10pm Corteo, which means

cortege in Italian, is a joyous procession, a festive pa‐ rade imagined by a clown. The show brings to‐ gether the passion of the actor with the grace and power of the acrobat to plunge the audience into a theatrical world of fun, come‐ dy and spontaneity situ‐ ated in a mysterious space between heaven and earth.

The incredible and mesmerising Cirque du Soleil is coming to Palma.

Mallorca Gay Pride

The annual celebrations take place this month.

MALLORCA’S Gay Pride is one of the highlights of the an‐ nual celebratory festival, attracting thousands of people to the city. The celebrations will be held in Palma this month, with a variety of live acts, concerts and a colour‐ ful parade. Previous editions of Palma Pride have included some great pool and boat parties, a popular beach party and the election of Mr Gay Palma. You can also catch some amazing performances by the famous Mallorca Gay Men’s Chorus (details to be announced soon). On Saturday, June 18 and Saturday June 25, events be‐ gin with a party in Sa Feixina, a small but popular park lo‐ cated between Avenida Argentina and Plaza Porta de Santa Catalina. A concert with live acts and performances is scheduled for the following Saturday. The Pride Parade will take place on Tuesday, June 28, with the Mallorcan LGBT community celebrating on the streets of Palma with a colourful parade. Note this year the event will not feature motorised floats or cars. The parade will start at 7.30pm from Es Baluard, finish‐ ing at 8.30pm at Plaça de Cort. A series of concerts and demonstrations will continue after the parade!

Foreigner to rock the island

ONE of the most successful rock bands of all time, Foreign‐ er, will be rocking Mallorca on June 14 at Club de Golf An‐ dratx! Tickets can still be purchased from www.legends vip.com/event/classic‐rock‐ night‐with‐foreigner and cost from €55 to €350. Doors open at 7:30pm and the concert kicks off at 9pm. The British‐American rock band originally got together in New York City in the 70s by vet‐ eran British guitarist and song‐ writer Mick Jones and fellow Briton and ex‐King Crimson member Ian McDonald, along with American vocalist Lou Gramm. The band has become one of the most well‐known and suc‐ cessful rock bands of all time, outselling huge artists including Bob Dylan, Queen and Bon Jovi. Their hits are streamed over 10 million times per week with I Want To Know What Love Is being a platinum success. Their album, 4, stayed at number 1 on the US Billboard Charts for longer than any al‐ bum by an artist of Atlantic Records’ 70 year history ‐ and now you can see them too.

Restauranttailored dinner show IN June of 2022, a first‐ of‐its‐kind dinner show concept will arrive on the island. Unlike exist‐ ing offerings in which the food takes a back seat to the show, ‘A‐ Live’ is an evening of en‐ tertainment with the acts built around the specific establishment and its facilities. Mariska Meijer of The Cast Company said: “We work together with business owners to create an immersive dining experience that reflects the style and at‐ mosphere of the estab‐ lishment.” The first show will be held at La Pescaderia de Andi in Palma. It promises to be a unique evening, packed with singing, dancing, magic and theatre, telling the story of a Cuban fisher‐ man and his journey to Mallorca. “La Pescaderia de An‐ di is a relaxed family restaurant. Drama and fun have always been an integral part of our dining concept. Adding music and theatre to our offering is a natural fit,” said manager Keren Visser. The première will take place on Wednes‐ day June 15 (invitation only) before being opened to the public ev‐ ery Wednesday until the end of September. For more informa‐ tion, visit www.thecast company.com.

euroweeklynews.com

9 - 15 June 2022

Palma Pop Rock Contest Image: Palma Town Hall

SOCIAL SCENE

The Pop Rock Contest in Palma aims to discover new musical talent.

THE Palma councillor for Culture and Social Wel‐ fare, Antoni Noguera, and the general coordinator of Culture, Miquel Àngel Contreras, have present‐ ed this year’s Pop Rock Contest, which is now in its third edition after the Department of Culture decided to bring it back in 2020. Registration is open un‐ til July 15 and participants must be over 18 years of age. The aim of the Pop Rock Contest is to discov‐ er new talent and show‐

case what the Mallorca music scene has to offer. The Pop Rock Contest reached an all‐time record for participation last year, with 157 musical acts. “When we decided to bring back Pop Rock, we didn’t think we would get this far,” said Antoni Noguera. “The most im‐ portant thing is to give the musicians an opportu‐ nity, and we are very hap‐ py to do so,” he added. The pre‐selection will take place from July 16 to August 21, the semi‐finals

will be held on September 9 and 10 and the final will be on September 24. For more information, visit www.palmacultura.cat.

EWN 13

Swimming masterclass THE Olympic swimmer and world champion Mireia Belmonte will visit the Viding Illes Calvia sports centre (Carrer Son Thomàs, 2, Santa Ponça, Calvia) from 4.30pm on Saturday, June 11, where she will give an extraordinary master‐ class to swimming students. The masterclass will take place on Viding Day, a special day with a multitude of sports activities for members of the Viding sports clubs. Bel‐ monte, the brand ambassador of the sports cen‐ tres, will be the star of the event. The swimmer, who has won four Olympic medals and 16 world championship medals (eight of them gold), will also speak to the Press after the masterclass. Viding is a Spanish company in the sports sec‐ tor with 11 centres in Lleida, Tarragona, Sevilla, Madrid and the Balearic Islands. In the nine years since it began, it has become one of the top chains of sports centres, standing out for its high‐quality facilities and services.

14 EWN

euroweeklynews.com

9 - 15 June 2022

SOCIAL SCENE

AfterSun Festival

AFTERSUN FESTIVAL is back this year with 20 containers (twice as many as last year) and 20 brands of fashion, accessories and decoration,

food trucks and small performances. This free event is a permanent exhibition 24 hours a day in the central square of Port Adriano with

plenty of events and activities scheduled. The chosen brands offer a wide and varied range of fashion, decoration and acces-

sories, most of which are based in the Balearic Islands and are committed to sustainability. Aftersun Festival opened on June 3 and will run until June 19 every Friday, Saturday and Sunday from 6pm to 10pm, with the collaboration of the Calvia Town Hall and Street Art Mallorca. The Food Trucks Wanderlust, Anita Cakes, Cosmopolita THIS weekend, June 11 and 12, the Book Village (Vila Del Llibre 2022) will arrive in the old town of Manacor, described as the greenest and most flowery literary festival! The streets and windows will be filled with literature, poetry shows, stalls and art. The event will start at 10.30am on Saturday with the opening ceremony. All of the information about the event, including the programme, can be

The first weekend on AfterSun Festival was a great success.

and Infineatruck, will serve a varied offer of food so that the sunset doesn’t catch you with an empty stomach! On Fridays, there will be small concerts and there will

always be ambient music for the best atmosphere. On Saturdays, there will be children’s activities. Visit www.portadriano. com/eventos/aftersun-festival

Vila Del Llibre

found here: www.viladellli bre.cat/manacor/ There will be over 25 spaces filled with literature, a market of independent publishers in the Balearic Islands and Catalonia, poetry shows, a commitment to the classics, a special programme for young people, street literary art and editorial

news tables. Vila del Llibre gives the public the opportunity to revisit the oldest, most forgotten and possibly the most valuable Manacor. This is a lovely cultural event that the whole family can go to and soak up the sun and atmosphere of Manacor’s charming old town.

FEATURE

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9 - 15 June 2022

EWN 16

Advertising Feature

Stylish Scandinavian designed heaters OVER many years Neater Heaters have be‐ come the first choice of many expats living in Spain. Behind our stylish Scandinavian designs are a modern state‐of‐the‐art convector heater that can match any on the market for economy and efficiency, and beats all the se‐ rious competition hands down on price. The real secret of these heaters is the com‐ puter‐age technology in the form of extruded aluminium in the construction of the heating element. This material and the design creates a huge surface area for heat transfer, which means more air can be heated for less cost. Neater Heaters use convection principles and are designed so that the electricity you put into the heater is converted to heat as cheaply as possible. When you turn on the heater the element warms up rapidly and heats the air around it, this air rises and draws more cold air into the heater. Because the el‐ ement is extremely efficient and is designed to have a huge surface area a large quantity of air is heated very quickly. If your room has

Find out which model is best suited to your lifestyle.

the correct sized heater it will take about 20 minutes to warm up from cold, after which the heater eases off and works at about two‐ thirds capacity, (depending on various exter‐ nal influences).

Our heaters are not only efficient, effective, and economical, but as you would expect from a Scandinavian prod‐ uct, they are extremely stylish and practical. There is a model that will suit anyone,

NEATER HEATER: BALEARICS Heaters also available for purchase at our online shop with free home delivery. WWW.NEATERHEATER.ES or Tel. 634 312 171 (WhatsApp available)

whether it is the standard Adax Heater, or two of their best‐selling models, the BEHA, and the NEO which now come with integrat‐ ed Wi‐Fi, so that you can control your heaters easily via a Wi‐Fi APP but still being able to control them manually if preferred, or the trendy original style Neo with digital controls and a choice of colours and if you are limited for wall space then available for purchase are factory designed feet to enable the heater to be freestanding. However, a few years ago we went one stage further and added the Turkish made Vi‐ go heater. This heater shares the design tech‐ nology and ethos of the current Neater Heaters, but it has two differences: The Vigo comes with a carrying handle, wall bracket, and feet included in the price; The larger Vigo models take up less wall space and go up to 2.5kw. They also have a digital display that in‐ dicates the reduced wattage that the heater regulates once the room has reached the de‐ sired temperature, thus saving more money through reduced running costs.

FEATURE

euroweeklynews.com

9 - 15 June 2022

EWN 17

Advertising Feature

Your own phone assistant for the price of your coffee RUNNING a business can be lots of things; exhilarating, exciting and ultimately profitable. But one of the things that pretty much all business owners will agree can be one of the hardest bits of running their own company is the admin side of things. From finding the time to answer every business call when you’re al‐ ready in the middle of a busy work day to catering to the different lan‐ guages your business enquiries come in from, the actual admin of your business can sometimes take as much time and effort as the work you do. So what if there was a solution to make sure all your business calls were answered, and all nationali‐ ties you work with catered to, sim‐ ply for the price of a round of cof‐ fees each month? And better still, a solution that could actually lower your business phone bills? Enter UrPhone, a brand‐new concept taking all the hassle out of phone admin for businesses and autonomos using one simple app.

BUSINESSES & AUTONOMOS: Can now have their own virtual assistant.

The concept UrPhone is an app which can provide all the benefits of a tradi‐ tional in‐office phone system; just much more cheaply and easily. Its quick and easy system has so‐ lutions for both businesses and au‐ tonomos. Autonomos While out and about on a job,

taking phone calls can be tricky. This can make keeping on top of all the new work that comes your way harder. UrPhone has a solution for this. Simply using its app, autonomos can create their own business phone line from their normal mo‐ bile phone, without the need for a new sim card.

Get your quote now: +34 865 615 033 • www.urphone.es/urphone

Help! We’re reliving the 1970s NORA JOHNSON BREAKING VIEWS Nora is the author of popular psychological suspense and crime thrillers and a freelance journalist.

This allows you to create a new phone number with a whole vari‐ ety of national dialling codes, from UK to German and Swedish. Not only does this make your business more appealing to multiple nation‐ alities, it also allows you to have a separate ring tone on your phone for calls expressly to your business line, meaning you always know when you are receiving a business call. The app also allows you to divert calls from one UrPhone account to another, meaning that if you can‐ not answer your phone while working, the caller will be diverted to any colleagues you may have, who can answer the call. UrPhone’s app even includes an option to create a menu in multiple languages, meaning that if your clients are from different nationali‐ ties they can be directed to some‐ one who will speak their language. All this is from the same price as a round of coffees a month. UrPhone even offers free outgo‐

agenda. Add to all that inflation, a falling Pound, a government past its sell‐by‐ date and pitch invasions at football stadiums. This is straight out of that depressing decade ‐ and I’m getting out my tie‐dyed tops and bell‐bottom jeans... Compared with today, the 90s was a golden age. A ‘free’ decade be‐ tween the end of the Cold War and Septem‐ ber 11. But Anneka again? Just shows the intellec‐ tual poverty of the broadcast media. They haven’t a single original idea to make new pro‐ grammes or dramas that anyone wants to watch...

DO you feel like you’re living in the 1990s? Tory sleaze, economic tur‐ moil, war in Europe ‐ even Anneka Rice (re‐ member her?) is back with a new run of Chal‐ lenge Anneka. Or rather, the 1970s? That it’s getting more like the 70s every day. Interviews with union leaders with six figure salaries beginning to flex their muscles. Threats of strikes in a vital part of the national infrastruc‐ Nora’s latest thriller. ture. Demands for a Nora Johnson’s criti‐ much larger percentage rise than any cally acclaimed psychological crime other worker could contemplate. The thrillers (www.nora‐johnson.net) all attitude that it’s all the government’s available online including eBooks fault. The intransigence that ending (€0.99;£0.99), Apple Books, paper‐ out‐of‐date practices and the introduc‐ backs, audiobooks at Amazon etc. tion of technology are totally off the Profits to Cudeca cancer charity.

Nora Johnson’s opinions are her own and are not necessarily representative of those of the publishers, advertisers or sponsors.

ing business calls as well, actually saving you money. Businesses Set up and installed by profes‐ sionals, UrPhone’s system can pro‐ vide everything a traditional in‐of‐ fice phone network can. They offer interactive call trans‐ fers ‐ allowing you to see who in your network is free to take a call before you pass it through ‐ as well as professional hold messages, out of hours messages, and even mes‐ sages in multiple languages allow‐ ing callers to be directed to some‐ one who speaks their own language. Its system also allows voicemail messages to be automatically sent to your email in a downloadable format, making them easier to lis‐ ten to wherever you are, as well as to share them with colleagues. Beyond that, for companies with colleagues across multiple loca‐ tions, UrPhone is integrated with Microsoft Teams, allowing you to instantly start a team meeting whenever needed with the highest audio quality.

FINANCE Barcelona buy out

STAT OF WEEK

€1.35 billion

is the estimated worth according to FOX Business of the permanent living members of the Rolling Stones who started their latest world tour in Madrid on June 1.

Unemployment falling Credit: La Moncloa flickr

BUSINESS EXTRA

euroweeklynews.com • 9 - 15 June 2022

REPORTEDLY poverty stricken, Spanish football club FC Barcelona is said by Bloomberg to put to shareholders on June 16 a proposal to sell 25 per cent of its television rights to Bank of America for €600 million. In addition, it appears likely to raise more funds through borrowing.

Mexican standoff

Jubilee holiday VARIOUS UK business leaders have written to the British government urging it to make one Jubilee Bank Holiday a permanent fixture as they believe that it will boost tourism and generate additional income for retailers and the hospitality industry.

Thanks Netflix A NEW film by Adam Sandler, Hustle was mainly filmed in Mallorca, with the subsequent financial benefit going to the island’s economy, thanks to a decision made by Netflix, as the story was originally set in China but the TV platform doesn’t operate there, hence the change.

Fashion pop-up AFTER denying a hoax tweet which said that online Chinese fashion giant Shein which now sells more garments than Inditex and H&M was pulling out of Europe, it opened a pop‐up store in Madrid to give customers a chance to try before they buy.

Minister Escriva delivered the news.

SPANISH unemployment fell below three million for first time since 2008 announced Jose Luis Escriva, Minis‐ ter for Social Security on June 2. The reduction in May was 99,512 meaning that the number of unem‐ ployed stands at 2,922,911 with 33,000 new jobs created and is the lowest figure since November 2008 at the start of the global financial cri‐ sis. Despite the Russian invasion of Ukraine and the energy crisis, compared to May 2021, the total number of unemployed has de‐ creased by 858,259 people (‐22.7 per cent). The total number of contracts reg‐

istered during the month of May was 1,640,595 which represents a rise of 95,287 (6.17 per cent) over the same month last year. More importantly, the number of new permanent contracts entered into in May was 730,427, the high‐ est figure since records started being kept. This is particularly significant as May is the month which normally sees temporary contracts being is‐ sued, especially in the hospitality in‐ dustry, to cope with the influx of tourists during the summer season. There were a number of tempo‐ rary contracts entered into during May, but the number is also the low‐

est since records have been kept. Female unemployment de‐ creased in May by 47,403 women (‐2.65 per cent) and stood at 1,740,982 unemployed registered in the public employment services. Male unemployment decreased by 52,109 men (‐4.22 per cent) and stood at 1,182,009. Unemployment of young people under 25 years of age also fell in the month of May by 21,973 people (‐9.90 per cent) compared to the previous month. Thanks to this sharp drop, the number of unemployed under 25 years of age fell to 199,920, the low‐ est figure ever recorded.

UK airport crisis ON June 1 UK Transport Secretary Grant Shapps and Aviation Minister Robert Courts held a meeting with senior leaders from the aviation in‐ dustry, including airports, airlines and ground handling companies. The meeting was urgently called to discuss exceptional disruption seen across UK airports, after thou‐ sands of flights were cancelled due to staff shortages at airports and airlines. During the meeting Shapps said “I also understand the resourc‐ ing strains on the aviation sector but it does not excuse poor plan‐ ning and overbooking flights that they cannot service.

FINANCE

Credit: Lynn McCabe

WITH a continuing shortage of skilled construction workers and an estimated 100,000 jobs available in the hospitality industry, Spain is said to be in negotiation with the USA to accept a number of illegal migrants from Mexico who are currently being detained in America.

Huge queues at Gatwick Airport at half term.

“The companies who have seen the most disruption need to learn from those who ran services smoothly.” He added “We have been crystal clear, run services properly and ac‐ cording to schedule or provide

swift, appropriate compensation. “We do not want to see a repeat of this over the summer ‐ the first post‐Covid‐19 summer season ‐ and will be meeting again in the coming weeks to understand the progress that is being made.” Whilst the somewhat belated de‐ cision to hold this meeting will be welcomed if the industry manages to resolve the problems of delay and cancellations, this will be scant comfort for those passengers who have had their holidays disrupted and have been left out of pocket or in some cases stuck at airports for days.

Caixa Bank

H AV I N G r e s c u e d B a n k i a from closure following an investment of €22.4 bil‐ lion, the current Spanish government was instru‐ mental in the sale of the majority of its shares to Caixa in 2021 for €4.3 bil‐ lion. The government re‐ tained a stake of just over 16 per cent in what was to become Spain’s largest bank by value and gave an undertaking to sell the balance of shares by the end of 2023. According to financial newspaper Expansion on June 3, the Minister of Fi‐ nance, Nadia Calviño has made it clear that she wishes to continue to hold the entire investment in Caixa Bank and intends to extend the deadline for sale for a further two years.

Tax fraud IN the 2018 budget, then Chancellor of the Exchequer Philip Hammond called for a crack‐down on electronic sales suppression (ESS). ESS is a process by which businesses can manipulate electronic sales records, ei‐ ther during or after the point of sale, which hides or reduces the value of indi‐ vidual transactions in order to lower the recorded turnover of the business and corresponding tax lia‐ bilities. Since June 1, 2022, legis‐ lation has been in place which now allows HMRC to target and raid premises be‐ lieved to be either using or selling ESS systems with a maximum fine of £50,000 if the suspect is found guilty.

to read more FINANCE scan this QR Code

20 EWN

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9 - 15 June 2022

FINANCE, BUSINESS & LEGAL MAKE THE MOST OF YOUR MONEY WITH US

LONDON - FTSE 100

See our advert on previous page

C LOSING P RICES J UNE 6

COMPANY PRICE(P) 3I Group 1.252,25 Abrdn 196,45 Admiral Group 2.252,0 Anglo American 3.945,0 Antofagasta 1.518,97 Ashtead Group 4.150,0 Associated British Foods 1.705,5 AstraZeneca 10.262,3 Auto Trader Group Plc 590,20 Avast 484,60 Aveva 2.211,0 Aviva 430,00 B&M European Value Retail 387,10 BAE Systems 789,00 Bank VTB DRC 0,612 Barclays 171,00 Barratt Developments 511,20 Berkeley 4.311,0 BHP Billiton Ltd 2.660,00 BP 440,70 British American Tobacco 3.530,0 British Land Company 527,00 BT Group 185,17 Bunzl 2.771,4 Burberry Group 1.725,5 Carnival 1.008,0 Centrica 82,42 Coca Cola HBC AG 1.759,0 Compass 1.794,50 CRH 3.299,5 Croda Intl 6.896,0 DCC 5.662,0 Diageo 3.705,5 DS Smith 308,80 EasyJet 505,00 Experian 2.615,0 Ferguson 9.602,0 Flutter Entertainment 9.306,0 Fresnillo 789,20 Glencore 538,20 GSK plc 1.710,60 Halma 2.227,0 Hargreaves Lansdown 849,30 Hikma Pharma 1.682,00 HSBC 533,00 IAG 126,96 Imperial Brands 1.798,00 Informa 555,80 InterContinental 4.940,0

CHANGE(P) 1.264,50 198,55 2.253,0 3.995,5 1.550,00 4.393,0 1.736,0 10.495,9 592,40 488,10 2.215,0 433,90 391,50 799,00 0,612 172,66 515,60 4.354,0 2.697,00 444,50 3.550,3 528,40 187,90 2.854,0 1.742,0 1.019,0 85,14 1.765,0 1.813,50 3.331,5 7.104,0 5.752,0 3.713,5 312,50 514,60 2.637,0 9.698,0 9.498,0 792,00 540,30 1.728,00 2.257,0 855,40 1.684,00 536,10 129,94 1.809,00 556,00 4.967,5

% CHG. 1.249,50 194,40 2.205,0 3.900,5 1.516,00 4.127,0 1.699,5 10.182,8 581,00 481,50 2.111,0 425,30 371,40 785,40 0,612 168,08 508,80 4.302,0 2.636,00 436,20 3.513,0 521,42 183,40 2.759,0 1.715,0 1.004,0 80,92 1.724,0 1.772,00 3.293,5 6.860,0 5.636,0 3.663,0 307,80 500,40 2.606,0 9.542,0 9.208,0 768,80 529,70 1.701,60 2.215,0 839,60 1.659,00 529,30 126,70 1.792,50 541,40 4.918,0

NET VOL 373,21K 1,95M 126,80K 928,95K 276,56K 321,13K 205,17K 40,31K 554,08K 189,28K 114,46K 2,56M 2,25M 3,31M 0 14,57M 929,22K 42,59K 1,04M 13,85M 58,47K 40,30K 6,87M 388,51K 172,24K 315,97K 6,59M 302,71K 684,45K 188,49K 101,85K 37,36K 1,13M 821,72K 2,01M 264,98K 174,90K 116,21K 163,18K 12,30M 2,00M 149,62K 189,88K 226,55K 5,53M 12,50M 378,74K 1,58M 64,82K

ºCOMPANY

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

1.585,50 4.610,0 71,12 229,00 2.091,0 769,80 260,10 45,38 7.280,0 774,80 138,00 1.559,20 1.129,18 231,00 6.468,0 1,89 935,00 2.246,0 642,20 1.061,50 6.230,0 2.231,00 507,40 595,00 5.919,0 91,83 0,60 664,40 1.335,00 0,0453 2.910,0 805,00 1.099,50 2.883,0 2.406,0 1.272,00 1.570,00 10.615,0 1.817,94 1.253,00 626,60 131,94 260,00 188,25 3.728,5 1.052,75 125,48 2.662,0 942,00

CHANGE(P)

% CHG.

NET VOL

1.603,50 4.633,0 71,80 234,20 2.140,0 777,60 263,20 45,73 7.290,0 776,00 139,67 1.571,50 1.179,50 231,69 6.630,0 1,89 941,00 2.275,0 647,60 1.072,50 6.296,0 2.264,00 508,60 599,20 5.959,0 92,80 0,60 668,80 1.337,00 0,0453 2.930,0 815,00 1.102,50 2.913,0 2.423,5 1.279,00 1.580,50 10.735,0 1.874,50 1.282,00 632,80 133,50 263,60 192,55 3.737,0 1.055,50 126,16 2.695,0 945,40

1.580,50 4.584,0 70,84 228,70 2.074,0 761,00 258,00 45,09 7.206,0 772,80 137,15 1.535,50 1.128,00 228,70 6.440,0 1,89 917,40 2.219,0 639,00 1.024,00 6.176,0 2.221,00 490,00 590,20 5.876,0 89,16 0,60 657,80 1.324,50 0,0453 2.906,0 796,15 1.084,00 2.863,0 2.374,0 1.257,50 1.567,50 10.590,0 1.791,50 1.249,50 625,20 131,05 259,70 187,55 3.705,0 1.040,00 124,22 2.659,0 928,00

276,36K 47,68K 2,91M 2,75M 206,61K 333,77K 4,79M 33,25M 8,23K 227,14K 749,06K 357,43K 3,24M 1,86M 81,03K 0 448,18K 484,36K 307,84K 1,59M 418,69K 755,41K 1,11M 619,25K 978,63K 16,92M 0 533,12K 5,74K 0 9,06K 924,95K 581,39K 126,14K 6,70M 517,57K 313,39K 40,47K 1,74M 201,99K 2,64M 2,43M 5,74M 1,72M 816,07K 1,04M 32,90M 199,63K 679,76K

1.17052

0.85381

Units per €

US dollar (USD) ........................................1.0728 Japan yen (JPY)........................................140.16 Switzerland franc (CHF) ...........................1.0319 Denmark kroner (DKK) .............................7.4391 Norway kroner (NOK) ...............................10.082

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 J UNE 6

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 145,97 166,83 248,45 145,38 139,25 222,90 177,60 45,25 62,97 67,03 318,68 305,08 194,82 141,18 43,39 176,42 130,16 248,36 89,91 270,02 120,95 145,89 184,91 174,19 485,61 50,81 212,65 43,14 125,32 108,67

CHANGE 147,47 168,04 250,69 147,97 140,70 224,10 178,25 45,74 63,63 68,16 322,50 308,46 196,17 142,58 44,25 178,67 131,77 250,27 90,68 273,45 122,54 147,21 189,64 176,89 491,67 51,25 214,21 43,79 127,42 109,85

CHANGE% VOLUME(M) 145,32 1,86M 165,98 1,39M 247,72 2,08M 144,46 87,18M 137,59 10,03M 218,25 2,20M 176,00 8,30M 45,12 17,93M 62,81 12,45M 66,68 4,93M 317,50 1,19M 301,90 2,96M 193,61 2,23M 139,74 4,33M 43,34 33,12M 176,15 4,11M 129,99 8,46M 248,17 1,84M 89,68 6,28M 268,41 24,41M 120,00 5,20M 145,12 4,54M 183,80 9,18M 173,69 1,14M 484,90 1,74M 50,69 10,78M 211,27 4,34M 42,92 4,00M 125,09 6,04M 107,92 6,62M M - MILLION DOLLARS

NASDAQ C LOSING P RICES J UNE 6

COMPANY

CHANGE NET / %

VOLUME

+118.35% +48.65% +35.17% +33.96% +27.54% +26.41% +24.23% +22.88% +22.18% +21.21% +21.05%

30.43M 102.64M 1.93M 818.42K 23.34M 21.15M 70.77K 1.64M 476.28K 536.29K 1.13M

-44.43% -37.86% -36.07% -30.01% -27.12% -22.00% -20.44% -20.03% -19.49% -19.18% -17.97%

5.01M 1.65M 5.06M 498.61K 18.32K 1.18M 231.13K 23.21M 1.63M 98.95K 68.38K

Most Advanced Turning Point Energy Focu Galecto Proteostasis Therapeutics Houston American Energy Amylyx Pharmaceuticals Forian Integrated Media Tech Eros STX Global Harpoon Therapeutics Predictive Oncology

Most Declined Bit Origin Saverone 2014 ADR TC BioPharm Holdings Rallybio Natural Order Acquisition Zosano Pharma Neuroone Medical Novavax Joann Bellicum Pharmaceuticals Inc Mercurity Fintech ADR

euroweeklynews.com

9 - 15 June 2022

GDP THE Bank of Spain has indi‐ cated its belief that a po‐ tential halt of energy im‐ ports from Russia will have a short‐term negative im‐ pact by seeing a decline in gross domestic product (GDP) for the European Union as a whole of up to 4.2 per cent.

Overseas aid BRITAIN continues to offer overseas aid to developing countries and around £1 bil‐ lion a year is channelled through the World Bank’s International Development Association which according to a new report from the In‐ dependent Commission for Aid Impact ‘provides good value for money’.

Tax paid DESPITE continued ru‐ mours that South Ameri‐ can singer Shakira could be prosecuted and sent to prison for tax evasion, the TV channel of Spanish fi‐ nancial newspaper Expan‐ sion claims that she has ac‐ tually settled with the Treasury paying €14.5 mil‐ lion which they maintained she owed.

UK housing market HOUSE prices in the UK have posted a 10th succes‐ sive monthly increase in May to keep annual price growth in double‐figures according to the latest Na‐ tionwide house price in‐ dex. May saw a slight slow‐ ing in the rate of annual house price growth to 11.2 per cent, from 12.1 in April but prices effectively rose by 0.9 per cent month‐on‐ month, after taking ac‐ count of seasonal effects. As lenders become more picky as to whom they grant mortgages to, as the cost of living rises dramati‐ cally, the heady days of ris‐ ing prices may however soon come to a halt.

Frasers Group expands UK FRASERS GROUP has snatched Missguided Limited from Adminis‐ tration after paying £20 million to acquire cer‐ tain intellectual proper‐ ty of the company and its subsidiaries. This means that Frasers, set up by for‐ mer Newcastle United Football Club Mike Ash‐ ley will be able to run the online retailer as a standalone operation within the group and appeal directly to young buyers looking for reasonably priced ‘fast fashion’. Frasers were quick off the mark as the compa‐ ny only went into Ad‐ ministration on Mon‐ day May 30 after the company was issued with a winding‐up peti‐ tion by clothing suppli‐ ers who are owed mil‐ lions of pounds and the deal was announced on Wednesday June 1. Having purchased in‐ tellectual property

Credit: Kake flickr

BUSINESS EXTRA

STANDALONE: Missguided will be separate from House of Fraser stores.

rights rather than tak‐ ing over the companies completely means that Frasers Group are not left with ‘dead stock’ nor are they responsi‐ ble for the outstanding debts and administra‐ tors Teneo will have eight weeks to manage the operation before handing it over to Frasers. Some 80 staff had re‐ portedly already been

made redundant and it seems likely that the balance will move to work for Frasers who also own House of Fras‐ er and JD Sports. After announcing the deal, Michael Murray, Chief Executive of Frasers Group said: “We are delighted to secure a long‐term fu‐ ture for Missguided, which will benefit from the strength and scale

of FG’s platform and our operational excel‐ lence. “Missguided’s digital‐ first approach to the latest trends in wom‐ en’s fashion will bring additional expertise to the wider Frasers Group.” As consumers become more aware of the en‐ vironmental effects of cheap clothing Miss‐ guided had struggled.

Iberia airline is taking off IBERIA, part of the IAG Group, is the airline that has seen the great‐ est increase in brand value world‐ wide in 2022, with a growth of 37.6 per cent. That is an increase of €211 mil‐ lion compared to 2021, according to the latest Brand Finance report, which analysed the 50 most valu‐ able and strongest airline sector brands in the world. The study highlighted that the Spanish airline Iberia has achieved this growth by adapting quickly to the disruption of Covid‐19. In addition, it is also creating a new strategic partnership with both Cepsa and Repsol with the aim of decarbonising air travel and offering sustainable fuel for air travel. In the global ranking, Iberia is in 31st place, having climbed three positions this year, while Vueling (also owned by IAG), the other Spanish brand in the ranking, is in

FINANCE

Credit: Iberia Media Centre

22 EWN

June 1, first long-haul flight using Spanish produced biofuel.

last place, increasing its value by 0.6 per cent after its fall in 2021. There are only three brands in the ranking that have already re‐ covered the value they had before the pandemic. Iberia is one of the exceptions, increasing its value by 3 per cent, along with Singapore

Airlines and Indigo, which are up 11 per cent and 8 per cent, respec‐ tively. Vueling, meanwhile, although already reporting upward results, has some way to go, as it still has a brand value 31.5 per cent lower than what it had in 2020.

FINANCE

Fishing quotas A PAIR of reports from two Non‐Governmental Organi‐ sations, Blue Marine Founda‐ tion and OceanMind have re‐ vealed evidence of unauthorised fishing on the part of EU vessels in the wa‐ ters of several developing In‐ dian Ocean coastal states. The reports particularly highlight fishing activity for tuna on the part of Spanish and French‐owned vessels in the waters of Somalia and In‐ dia with no evidence of ac‐ cess agreements authorising the fishing. They also conclude that there have been small amounts of reported catch in the Chagos Archipelago ma‐ rine protected area and in Mozambique’s exclusive eco‐ nomic zone where no vessels flagged to any EU country could have been authorised to fish and it is alleged that beacons identifying vessels have been switched off.

Nigeria woos Spain SPAIN welcomed the Presi‐ dent of Nigeria to Madrid in the first official visit of a Nigerian Head of State in 17 years on Tuesday May 31. After meeting King Felipe VI, President Muhammadu Buhari went on to discuss a number of matters of mutu‐ al interest with President Pedro Sánchez as Nigeria is a supplier of liquid gas to Spain and is being courted by the European Union. After giving a speech at the headquarters of the World Tourism Organisa‐ tion he invited Spanish in‐ vestors to take advantage of Nigeria’s tax‐ free envi‐ ronment to market their services to its 200 million in‐ habitants at a Spanish Chamber of Commerce the following day.

to read more FINANCE scan this QR Code

FEATURE

euroweeklynews.com

LEAPY LEE SAYS IT OTHERS THINK IT SOMETIMES I truly do thank my lucky stars I no longer reside in the UK. I am now fully aware that should I ever decide to relocate I would probably be arrested and be behind bars before I even left the airport! This week I had lunch with some very dear friends who were born and bred in London and have resided there for most of their lives. They told me they have almost ceased to socialise, particularly with younger people, because they invariably say something out of place that causes ‘offence’. However innocuous the subject, they said it is almost impossible to know just what you can freely voice and what you can’t. One example was their wholly innocent comment on one of the contestants of Britain’s Got Talent. ‘Oh I do hope that little blind girl wins, she was so talented,’ one friend remarked kindly. Wrong! One of the party, hackles visibly rising remarked crossly, ‘why do you find it necessary to mention her infirmity in your reference to her?’ ‘Oh…. Er, sorry, I meant to say the little girl with the long hair, wearing the red outfit with the white shoes that sang…’ Give us a break.

9 - 15 June 2022

So out of tune

Despite the fact that she was in fact very good, one of her highly attributable accomplishments was that she had overcome her disability and managed to get into the semi‐finals of BGT. Surely that may well be an inspiration to a whole host of visualy impaired people who would normally lack the confidence to enter a contest of this kind? What about the Invictus Games? The people that take part in this wonderful event are actually selected because of their disabilities. They have reached these heights of competition, despite the fact they have lost a limb or suffer from some other impairment and are surely proud to have won through, regardless of their seemingly insurmountable problems. How long are we going to have to put up with these woke idiots, who appear to be slowly but surely eroding the right of free speech, and certainly common sense across the free world? I was also interested in a recent YouGov poll, who published some figures regarding people’s conception of the percentages of minorities that reside in the UK. The findings were extraordinary. For example 1,800 people

were asked how many people in the UK were transgender. They though it was probably around 5 per cent of the population. It is actually around 0.3 per cent! When asked how many adults were white, the answer was around 65 per cent. It is in fact some 87 per cent. Those questioned also thought that black Britons are at around 20 per cent. They actually only make up some 3 per cent of the populace. Gay and Lesbian are at 1.3 per cent and 1.8 per cent respectively. The Common Sense Campaign deduced quite rightly that ‘this distorted impression is created by much of the broadcasting and online media, who are so out of tune with the facts they are utterly befuddling the people as to the true character of Britain’. And so say all of us! Keep the faith. Love Leapy. leapylee2002@gmail.com.

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Leapy Lee’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors.

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LETTERS

EW YOUR PAPER - YOUR VOICE - YOUR OPINION Letters should be emailed to yoursay@euroweeklynews.com or make your comments on our website: 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.

FAKE PASSPORTS I wanted to comment on your article about the peo‐ ple who were given fake vaccine passports. They did‐ n’t feel special or above the law as was stated in the ar‐ ticle, they didn’t buy the BS the mainstream media and big pharma and dirty politi‐ cians were dishing out. They cared about their health and the danger these vaccines can cause. I fully support them. These clot shots do not work and have caused thousands of deaths and in‐ juries worldwide. Now that’s a story mainstream media should be sinking their teeth into. It doesn’t take rocket sci‐ ence to make you think that if a person connected to the vaccines didn’t want one… that speaks volumes. Nina Heller

Having faith Dear Euro Weekly This week of Jubilee cele‐ brations, our Queen has shown us to have faith, be humble and love and sup‐ port your family. On the anniversary of Prince Philip’s passing, she had her son Andrew escort‐ ed her to her seat. The world may not forgive him, but the Queen as a mother has. It must have hurt her when Harry decided he was not going to be a working Royal, and leaving the country. But the Queen wanted him and his family for this celebration, and I am sure enjoyed seeing Lily and Archie. Let us all then, follow her example, and not Leapy Lee. Regards SA

VACCINE PASSPORTS: People care about their health.

OUR VIEW GOD SAVE THE QUEEN SO much has happened in the 70 years since Princess Elizabeth discovered whilst in Kenya in February 1952 that her father King George VI had died and that she was now to lead a new Elizabethan age. As the headline read then, ‘she went to bed a Princess and woke a Queen’ and it is clear that she has devoted herself to that role ever since. It’s remarkable that with all the political upheaval, civil wars, revolutions and financial disasters that Her Majesty has managed to remain so popular even though her family, much in keeping with previous Royal Families, have managed to lie, cheat and divorce around her. She is now a frail old woman who was obviously not well enough to cope with the four days of celebration, although she did her best to appear before the crowds who flocked to Buckingham Palace to celebrate with her. Assuming she lives another year, it could happen again as 2023 will be the 70th Anniversary of the Coronation which took place on June 2, 1953 although whether she will be inviting Paddington Bear to tea again must be a moot point. Like it or not, Royal events such as this are popular throughout the world, good for business and diverting public opinion from political scandals for a while and generally give the majority of people in the UK a warm feeling. British citizens resident in Spain found plenty of opportunity to celebrate with get togethers, although none were as ‘posh’ as that held at the British Embassy for deserving members of the British community from across Spain. In the words of English poet Henry Carey, “God Save the Queen”.

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euroweeklynews.com

9 - 15 June 2022

LIFESTYLE

Summer dog snacks AS the weather heats up, we have some super simple and healthy treats for your furry friend that can be made at home! Dog‐friendly fruit cocktail This fido‐friendly fruit cocktail is an easy picnic treat for your pup. Ingredients 1/3 cup pineapple 1/3 cup melon 1/3 cup berries ‐ our favourite trio: strawberries, raspberries and blueberries. Method Prep the pineapple, re‐ move the skin and dice into small pieces.

These home-made treats will cool your dog down in the summer heat!

Prep the watermelon, re‐ move the rind and seeds, and dice into small pieces. Mix them altogether and you’re done! Banana and peanut but‐ ter pup pops A classic combination! Ingredients 3 tbsps peanut butter (xyl‐ itol free) If peanuts are an al‐ lergy concern, replace with

xylitol free cashew butter. 2 well‐ripened bananas 2 tbsps coconut oil Method Combine all ingredients and mash the mixture until smooth. Pour into your mould tray and pop in the freezer and leave for at least three to four hours Serve!

9 - 15 June 2022 • euroweeklynews.com