John Thomson, manager of Puente Romano said on the night: “Tonight was a very special night in Marbella. The summer proved to last forev er in “AndMarbella.thanks to all the crowds who came to support us. What an amazing con cert.”
“We thank the Cruz Roja Española for their efforts to promote activities which aim to raise awareness among citizens, especially young ones, about the problem of waste on our beaches, and the importance of keeping
Basketball stars
all of his most wellknown songs as well as amazing mashups of classic R&B and House tunes as the sun was setting, David packed out the Puente Romano ten nis club. Getting the entire crowd on their feet, the artist sang his unforgettable songs including 7 Days, ReWind, I'm Walking Away and I Know
SUN, SEA, SOUND THE BEST FINANCE NEWS ON12PAGES16
them clean,” said Rodríguez. The move aims to make Nerja´s beaches a more at tractive prospect for tourists and locals alike and will at tract volunteers from across the town and Malaga Province. - COSTA
Antonio López Nieto, the president of Unicaja, said: “The whole season is very special for us, but we are going to dedicate the BCL Qualifying Round to ourEachprovince.game will be dedicated to a municipality and there will be a Fan Zone outside the Martin Carpena Sports Arena from two hours before each game with tickets for residents.”
event cancellations during the pandemic. Fans were treated to incredible mashups of TLC's Scrubs and Whitney Houston's It's Not Right But It'sSupportingOK.
Cleaning up
It will take place from the first aid station on Saturday, September 24 from 9.30am toThe11am.aim is to rid the beach of all waste and raise aware ness about how a simple ac tion such as throwing away a cigarette butt can contami nate up to 10 litres of salt wa
Credit: EWN Credit: Nerja Town Hall
ter and 50 litres of fresh wa ter. The Cruz Roja is asking all locals and visitors to partici pate.The councillors of the Envi ronment, Javier Rodríguez, and Beaches, María del Car men López, highlighted the importance of such environ mental initiatives.
You.Talking to the crowd throughout, he commented on how amazing the night was following two years of
The municipalities of Estepona, Nerja, Alhaurin de la Torre, Antequera, Benahavis, Rincon de la Victo ria, VelezMalaga, Marbella, Mijas, Torrox and Torre molinos will be participating in this edition.
The presentation of beach clean-up day.
him.The Euro Weekly News had the chance to speak to the ris ing singer and songwriter.
Trevis performed his hits in
UNICAJA has once again announced its basketball campaign “Our Province Plays” (“Nuestra Provincia Juega”), which aims to bring together lovers of the sport from all over the province of Malaga.
The mayor and councillor for Sports of Rincon de la Victoria.
TROPICAL • EUROWEEKLYNEWS.COM FREE • GRATISIssue No. 1942 22 - 28 September 2022
Credit: Rincon de la Victoria Town Hall
Credit: Oscar L Tejeda
“We are continuing to work with schools, who are going on visits to training sessions and get to see the sports arena and the club. Some of the kids who vis ited the pavilion last season are now season ticket holders,” he added.
David was up and coming LAbased artist Trevis, who has recently been featured heavily on BBC Radio 1.
CRAIG DAVID: Brought down the house at Puente Romano
and truly special to share the same stage with Craig David.”
cluding Let Me Know and Av enue as he jumped off the stage and interacted with girls and women flocking around
the
AXARQUIA
FOLLOWING a summer of in credible performances from major international acts along the Costa del Sol, Craig David brought the season to an aweinspiring finale with a concert at Puente Romano on Thursday, September 15. Proving the coast is now the music destination for the world´s biggest and best acts, David rounded off a sizzling summer which played host to Simply Red, Texas, Simple Minds, UB40 Featuring Ali Campbell, Sister Sledge, Liam Gallagher, Arctic Monkeys, andPerformingKraftwerk.
Trevis told us: “I’ve previ ously lived in Spain and per formed in Marbella quite a lot. Tonight was incredible
THE Cruz Roja Española, in partnership with the Depart ments of the Environment and Beaches at Nerja Town Hall, has organised a cleanup session on Burriana beach as part of a new environmental awareness campaign.
In the men’s category, the winner was Cristóbal Valenzuela, from Bezmil iana Athletic Club, followed by Fernando Romero, from Castell CDC, and Felix Aran da, from the La Herradura Cycling Association. In the women’s category, the winner was Fabiola Muñoz, from Yanina Womanbike, followed by María Narváez, from XBike Nerja, and In maculada García, from Sier ra Tejeda Llano de Zafar raya.The mayor of Nerja, José Alberto Armijo, expressed how pleased he was that the race, which is one of the municipality’s most im
Pétanque is a form of boules where the goal is to throw hollow metal balls as close as possible to a small wooden ball. The current form of the game originated in 1907 in Provence, in southern France.Atotal of 20 teams from all over Spain will meet to compete, with participants coming from Barcelona, Mallorca, Melilla, Ceuta, Murcia andAccordingAndalucia. to Pérez Atencia, the competition is part of an initiative that aims to put an end to the seasonal nature of tourism in Torre del Mar, with important cultural and sporting events tak ing place all year round. He wished to “invite all lovers of pétanque to at tend and enjoy this great event.”
NerjacharitySolidariagala
Investing in sustainable tourism
Finally, the mayor of Rio de la Miel and Cantarrijan, Antonio López, congratulat ed all the participants and encouraged the Narixa Cy cling Club and all local cy cling enthusiasts to contin ue holding this sporting event for years to come.
The charity event was presented on September 14 by the councillor for Social Services, Daniel Rivas, the councillor for Culture, Gema Laguna, the president of Nerja Solidaria, Miguel Benítez, and the vicepresident, David Muñoz. Daniel Rivas thanked Miguel Benítez for the enormous amount of work carried out by Nerja Solidaria, which “does a lot to help those in need”. “Now is the time for the people of Nerja and Maro to collaborate with this charity and help them to continue their work,” he said
The councillor for Sports, Daniel Rivas, thanked the Narixa Cycling Club for their involvement in the organi sation of the event, as well as all the collaborators, vol
EWN 22 - 28 September 2022 euroweeklynews.com NEWS2
ON September 13, the deputy mayor of Torre del Mar, Jesús Pérez Atencia; the councillor for Sports, Hipólito Gómez; and the president of the Ce nachero pétanque club, Juan Miguel Martín, pre sented the nineteenth edition of the City of Torre del Mar National Pétanque Open, sched uled for October 1 and 2.
The gala will feature performances by Tuna Malacitana, Alberto Fer, Dana and Gianni, the Pies Sucios Theatre Work shop, Grupo Rociero del Río de la Miel, Coro Con Otro Aire and Pinkthunders, and will be presented by Marta Martín.
unteers and municipal staff, thanks to whom the race was a success.
NERJA has once again hosted the Ascent to Los Castillejos, now in its sixth edition. This time, more than 400 cyclists completed the 43kilometre circuit on September 18, leaving from the stadium of the sports complex in Nerja and trav elling to Punta Lara, Rio de la Miel and back again.
In addition to Velez-Malaga, Marbella, Estepona and the Mancomunidad Sierra de las Nieves will also be the recipients of such funds for sustainable tourism.
THE Junta de Andalucia will invest almost €4 million in Velez-Malaga through its new strategic plans to promote tourism and youth employment in the municipality. The Town Hall of Velez-Malaga will be awarded a total of €2,924,036 to go to wards sustainable tourism and €1,035,000 for youth employment.
portant cycling events, had taken place again. “It is a pleasure to see so many cy cling enthusiasts enjoying this day of sport and con viviality,” he said.
More than 400 cyclists participated in the race.
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The delegate of the Junta de Andalucia in Malaga, Patricia Navarro, met with the mayor of Velez-Malaga, Antonio Moreno, on September 19 in order to discuss the ongoing and upcoming projects in the mu nicipality. Navarro said that the aim of these projects is to “transform tourism, in this case turning the capital of the Axar quia region into a sustainable and quality tourist destination”, as it is such an impor tant sector for the economy and local em ployment.
PétanqueNationalOpenRace to the top
ON September 23, Nerja Solidaria, Nerja’s first food bank, will be holding its charity gala at the Villa de Nerja Cultural Centre. The aim is to raise funds to go towards the distribu tion of food to vulnerable families in Nerja and Maro. The event will start at 8pm and tickets cost €5.
Spanish Prime Minister, Pedro Sanchez al so sent his condolences, writing that the Queen “shaped history”.
ters.The Queen was a family wom an with strong Christian faith. She raised four children in the public eye, eight grandchildren and 12 greatgrandchildren. She also considered voluntary ser vice crucial and forged links with more than 500 charities and pa tronages, with whom she workedQueenclosely.Elizabeth II became woven into the fabric of British life and was a link between 2 billion people in the Common wealth. She will be remembered fondly by the public she served with grace and stoical dedica tion.
Tributes to the Queen
A legacy of service Royal symbolism
THE
The Royal Family previously issued a statement saying “Deeply saddened by the sorrowful news of the passing away of Her Majesty Queen Elizabeth II, your beloved Mother, I would like to offer Your Majesty and the British people, on my behalf and on behalf of the Spanish Government and peo ple, our most heartfelt condolences.”
Another wrote: “Watching the queen's fu neral on holiday in Spain, has been memo rable beyond words. BBC coverage has been awesome. Proud to be British.”
now?
Aged 25, the Queen Elizabeth changed expectations of a fe male monarch, becoming a ‘working Queen’. In this posi tion, she travelled across the globe, meeting heads of states and acting as a diplomat. She travelled to every corner of the
• King Charles’ coronation is likely to be held at the start of 2023 in Westminster Abbey, where coronations have taken place for the last 900 years.
British expat and brother of football pre senter, Gary Lineker, Wayne Lineker had decked out his bar in Ibiza with Union Jacks as the service was broadcast inside. Holiday makers and local expats gathered to watch the service, drinking in silence with some wearing British themed clothing.
Commonwealth, received 110 Heads of States and played an active role in British politics, working with 15 prime minis
• A national bank holiday is likely to be declared to mark the corona •tion.King Charles is reportedly considering making changes to the Royal Family, possibly reducing the cost to the taxpayer and opening certain royal residences to the public.
Elsewhere, members of the Spanish Royal Family were in attendance of the ceremony in Westminster Abbey. King Felipe II and his wife, Queen Letizia attended the State Fu neral, along with disgraced former King Juan Carlos, who ordinarily lives in Saudi Arabia. Watchers took to Twitter to express surprise at seeing the monarch and former monarch sitting next to each other.
QUEEN: Was a family woman
Rest in Peace ma’am
and CNN, so many others also watching on their phones/IPads, such lovely comments from non UK fellow guests”
their happiness at the turnout: “In Spain watching the funeral of HRH Queen Elizabeth the Second via You Tube
THE State Funeral for Queen Elizabeth II took place on Monday, September 19 at Westminster Abbey in London. Members of the international community took to social media to express their emotions and pay tribute to the monarch as the service hap pened.Expats across Europe and the world were watching the televised State Funeral on Monday with some British businesses clos ing down for the day and many British ex pats holding their own vigils. Some British owned businesses however remained open to allow people to have a drink in memory of the late Queen.
ing taken in the state hearse to Windsor, passing her favourite pony, Emma and her corgis, Muick and Sandy. A Committal Service was held at 4pm, before a Private Burial in the evening. The Queen was laid to rest next to her husband, the Duke of Edinburgh, at St George’s Chapel.
The Queen´s coffin was draped in the Royal Standard flag, with the imperial state crown, orb and sceptre laying on top, a symbol of the Queen´s powers which were then removed from her coffin in a gesture to signify power shifting to King FlowersCharles.adorned the coffin, in cluding Myrtle cut from a plant grown from the Queen’s wedding bouquet.TheDean of Westminster and the Archbishop of Canterbury conducted the service with speeches by the Prime Minis ter and the Secretary General of the Com monwealth. The end of the Service was marked by the Last Post and a nationwide twominute silence. God Save the King was then played. At the end of the ser vice, the coffin was taken in procession before be
THE funeral held to pay tribute to Queen Elizabeth II’s extraordi nary service as monarch was filled with history and tradition. But what was the meaning be hind some of its most regal mo ments?
What happens
• There will be changes to public life; the Bank of England will create currency bearing the King’s likeness (though currency in circulation will not be affected), the Royal Mail will start producing stamps featuring the King’s silhouette and new postboxes will be marked with the King’s insignia.
In other areas across Spain, expats took to bars and cafes to share in the momentous day.Ordinarily bustling, bars in areas with a large British presence had a noticeably som
• The national mourning period ended after the Queen’s state funeral, but the Royal Family will observe another week of mourning until Monday, September 26
Queen Elizabeth and King Charles
• The Queen’s eldest son and lifelong heir to the throne, Charles takes over as monarch. He will rule as King Charles III, after being proclaimed King on September 11.
bre atmosphere as funeral proceedings got underway.Oneperson took to Twitter to express
QUEEN ELIZABETH II ascended to the throne in 1952, in the vastly different postSecond World War period. Having vol unteered driving military vehi cles during the war, the Queen had already proven her deter mination to serve the British public.Following a groundbreaking coronation service, viewed on television for the first time for many across the globe, the Queen was well and truly on the path of a pioneering reign.
Royal traditions
EWN22 - 28 September 2022 3NEWS euroweeklynews.com
THE deadline for residents to pay council tax, IBI was on September 13. The IBI rate in VélezMálaga is one of highest in the whole
The council currently im
plements a tax rate of 30%, which is the highest that is legally permitted. The PP wants IBI to be reduced in line with 25%, the rate in Ronda and Torrox. Council Tax Battle
THE Nerja Athletics Club has received the La Caixa Foundation Award for the Commitment to Sport in acknowledge ment of its efforts to organise and pro mote highlevel sporting events. The Malaga Association of Sports Journalists presented the award at the Malaga Sports Awards Gala, held on September 15 at the Edgar Neville Auditorium of the Provincial Council.
local citizens by cutting this tax, despite 15 tax relief mo tions tabled by opposition party, the Partido Popular (PP).The PP insisted they would slash this tax if repre sented in the city council. A local PP councillor, Manuel Gutiérrez, compared tax re lief measures offered by
EWN 22 - 28 September 2022 euroweeklynews.com NEWS4
Founded in December 1983, the Nerja Athletics Club currently has more than 850 athletes. According to the Royal Spanish Athletics Federation, it has been the best Andalucian club since 2007 and it has also become an impor tant organiser of highlevel sporting events.
each of the parties. Gutiér rez highlighted the €4 mil lion of tax relief his party provided against the IBI tax when in power, compared to just €1 million of tax re
lief offered by the current PSOE and GIPMTM coali tion. Gutiérrez said his party wanted this money to be ‘in the pockets of local people’.
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The Nerja Athletics Club was represent ed by the athletes Álvaro Fernández, Alejandro Romero and Lilian Cazorla, as well as the coach Francisco Espejo. They were accompanied by the councillor for Sports, Daniel Rivas, who congratulated
Award for commitment to sport
The representatives of the Nerja Athlet ics Club.
the Nerja Athletics Club on behalf of the Town Hall, stating that the award bears testimony to all their effort, hard work and dedication. “The people of Nerja should feel very proud of the club’s suc cessful track record,” he said.
country.Thelocal council con trolled by PSOE and GIPMTM has so far refused to reduce the tax burden on
terms of accessibility on public roads and in public es tablishments”. There will be monthly inspections of pub lic facilities to monitor acces sibility and a new technical commission will be specially created.Antonio Arellano de scribed the meeting as “very
One of the concerts held in Almuñecar over the summer.
ON September 15, Almuñecar’s Coun cillor for Culture, Alberto García Gi labert, commented on the huge success of the municipality’s programme of cul tural events held over the summer. There were more than 200 events held between July 1 and September 11, and they were attended by a total of more than 70,000 people.
In a statement released on September 16, SATSE stated that dogassisted therapy can be used in
dogassisted interventions, the medical professionals at the hospi tal in Axarquia and the nursing union“SATSESATSE.will always contribute to wards projects that aim to improve the quality of healthcare for users and facilitate the work carried out by health professionals,” they said.
than 3,000 years of history and a vast archaeological and monumental her itage, there is also a huge amount of cul tural activity. Almuñecar is, without a doubt, the cultural capital of the Costa Tropical, and we should be proud of that,” said García Gilabert.
After the meeting held to discuss accessibility in Almuñe car.
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ALMUÑECAR will begin a campaign to improve acces sibility on public roads and in public buildings following a meeting held between the heads of the Departments of Social Services and Town Planning on September 16 to discuss ways of making the municipality more acces sible for people with disabili ties. The meeting was also attended by Antonio Arel lano, a wheelchair user and resident of Almuñecar.
Improving accessibility
Summer success
sulin more easily.
HallTownAlmuñecarCredit:
HallTownAlmuñecarCredit:
The events on the summer cultural agenda included a large number of all kinds of concerts from some top inter national artists, flamenco shows, come dy shows, dance performances, a Euro pean Film Festival and a series of conferences.“Notonly is Almuñecar a city of leisure, beaches, good weather and gas tronomy, but it also has something that other cities do not have. With more
positive”. “There has been progress, but there are al ways improvements that can be made. For example, the disabled toilets on beaches are closed when the lifeguards finish their day. We have to look for a solution to these things,” he said.
THE Malaga branch of the nursing union SATSE has collaborated in the implementation of a dogassisted therapy programme in the paedi atrics unit of the Hospital Comarcal de la Axarquia.
Dog-assisted therapy programme
The councillor for Social Services, María del Carmen Reinoso, acknowledged that although progress has been made in removing architec tural barriers on public roads over the past few years, “we still have to improve more in
According to SATSE, the presence of a dog during certain medical in terventions can help keep patients calm, allowing professionals to carry out procedures such as injecting in
This project is the result of the col laboration between the human and canine team of the organisation Perruneando, which specialises in
numerous ways, both with children who are staying in the hospital and with those who are attending gen eral consultations or treatment ses sions.
NEXT April will mark 50 years since the death of the world famous artist, Pablo Picasso. French and Spanish authorities are gearing up to mark the occasion with an 18month long schedule of events celebrating the revolutionary artist’s work and legacy, 50 years on.
remain under observation in the hospital for several days. Lleó said it was too soon to know the extent of damage done by the stroke, particular ly since Pujol has only recently gained full consciousness.
Pujol acted as president of Catalonia between 1980 and 2003 and is famed for his strong advocation for Catalan independence.
Picasso’s pioneering style shaped the art industry
However, an MRI scan re vealed some residual damage to the left side of his brain.
has become known as one of the most influential artists from the 20th century, with com mentators saying his work captured the essence of the century with its tragedy and
Picasso exhibition
A SPOKESPERSON for the Partido Popular (PP), Cuca Gamarra, has criticised the government’s energy tax plan amid calls from the European Commission to reduce taxes on energy due to the energy crisis and soaring cost of living.
The artist, who was born in Malaga, became well known for his abstract style of art. Picasso spent the majority of his adult life liv
Energy tax feud
Betty Henderson
FORMER president of Catalo nia, Jordi Pujol, is now in a sta ble condition after suffering a stroke last week.
hard this winter. She said the additional govern ment tax revenue will not serve a specific pur pose.Sánchez’s proposed tax would be levied at 1.2 per cent of profits from all energy companies, while Ursula von der Leyen, President of the Eu ropean Commission only wants to tax 33 per cent of energy companies declaring high profits.
ing in France, where the other half of the commem orative project will take place. French Minister for Culture said the event would celebrate Picasso’s ‘inventive and often radical’ style of Picassoart.
shutterstock.comagsaz:credit:Photo
EWN 22 - 28 September 2022 euroweeklynews.com NEWS6
innovation.Arangeof contributors have prepared exhibitions which will run from Friday September 23 until 2024, with events scheduled to take place in galleries and public spaces across Spain andTheFrance.programme will launch with a sculpture ex hibition beginning in Madrid, before commemo rative events take place across the two countries.
Pujol has been under the care of Hospital de Sant Pau in Barcelona since having a stroke on Monday Septem ber 12. He underwent surgery at the hospital to remove a blood clot and is now able to eat, drink and speak again.
The PP is requesting the government to make amendments to their current proposal.
Hospital where Pujol received care after his stroke.
Gamarra insisted that the president, Pedro Sánchez withdraw his energy tax proposal and adapt it to meet the European Commission’s standard. Gamarra said that the PSOE’s commit ment to high taxes will hit energy consumers
Doctor, Albert Lleó, was su pervising Pujol’s recovery and gave a statement saying that the former president would
Catalan leader’s recovery
shutterstock.comPhotography:StudioAJcredit:Photo
The 92yearold was in oth erwise good health but will continue receiving rehabilita tive treatment throughout the coming weeks.
years.Following their arrest, Johnny and Nicola spent two nights in police custody be fore appearing at a court in Marbella together on Wednesday, September 14. Nicola has since been re leased on police bail while Johnny is being held at Al haurin de le Torre prison pendingAccordingtrial. to Europol, Morrissey helped run the world's largest "Hawala" laundering gang using en crypted codes to move large sums of money, facilitating and financing the criminal ac tivities of the Kinahans and otherPolicegangs.claim Johnny ran the operation under the name of his own Gibraltar, UK and Costa del Solbased compa ny, Nero Vodka.
Police from the US, Ire land, Holland and Spain were seen on nightcam footage surrounding the property be fore bursting in on Johnny, 62, and his wife, 47, while they slept on Monday, September 12.
Costa cash king
FAMILY BUSINESS: The Morrisseys were a big part of the community
ka Johnny and Nicola had become wellknown for their staunch support of local charities, as well as the indi vidual help they had given to locals struggling during Covid. The couple´s Nero popup events were credited with helping to revive hospi tality across the Costa del Sol during Covid and Nicola was frequently seen delivering es sential supplies, including food and nappies, to families in need during the pandemic.
JOHNNY MORRISSEY: Has been jailed pending trial in Malaga province.
The news of the enormity of the allegations has sent shockwaves through the in ternational community in Spain. During the pandemicas they launched Nero Vod
JOHNNY MORRISSEY, the re ported head of the notorious Kinahan clan's money laun dering operation in Spain, has been arrested in a dawn raid at his rented El Faro apartment alongside his wife Nicola after "washing" up to €350,000 A DAY.
EWN22 - 28 September 2022 7NEWS euroweeklynews.com
The raid which took place on their Son Sean´s 10th birthday was part of a series of 11 simultaneous Kinahanrelated arrests on the Costa del Sol, in Holland, in Hey wood, Greater Manchester andAnotherGlasgow.man, a wellknown car dealer established for more than 20 years on the Costa del Sol with a car pound in Mijas, has also beenFollowingarrested.the raid, Johnny and Nicola were marched from the property in hand cuffs while police searched their belongings and other properties, allegedly finding large amounts of cash, a ma chete, falsebottomed vehi cles, and documents they say could be important to their case.Electrical devices, including phones, computers, and TVs, were also Officersseized.saythey believe Morrissey could have laun dered up to €200 million dur ing 2020 and 2021 through his Costa del Solbased oper ation. He now faces the risk of being extradited to the US,
The couple were frequent ly out and about together at community events with their son Sean and were regular sponsors of charity fundrais ers across the Costa del Sol.
As Johnny awaits trial there is now much specula tion about his potential sen tence as well as the future for his wife, who herself is on bail, and the impact of these farreaching arrests on their son.The Euro Weekly News will continue to update on this major international news story as it unfolds over the coming months.
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where money laundering carries a sentence of up to 40
President cheese recalled
THE United Nations’ World Meteorological Organisation has warned about the threat of climate change to Spain following a year of scorching
This comes amid news that drought rates accelerat ed across Spain this summer, including the drying out of marshland in UNESCO site, Doñana National Park in An dalucía.WMO scientist, Petteri Taalas, said that the recur rence of the phenomenon confirms the WMO’s projec tion of worsening drought across Southern Europe and in the Horn of Africa, which will have implications for mil lions of people as well as global supply chains and food production.
temperatures.Astemperatures have started to fall again with the end of summer across Spain, further extreme weather
have welcomed the news which allows easier trans portation options for peo ple travelling midlong dis tances within the country.
focus on the PP’s recent terms of governance, in cluding under Mariano Ra joy. Governing party, the PSOE has been attempting to expand the scope of the investigation to include groups such as Catalan in dependence parties. The PSOE and other parliamen tary allies are expected to vote in favour of opening theAninvestigation.investigation would be the third into recent PP governments after investi gations conducted into in ternal spying and police brutality in Catalonia.
look into audio clips that supposedly indicate inter ference with the sovereignty of microstate, Andorra. Spanish govern ment leaders allegedly in terfered in Andorra’s politi cal affairs along with mem bers of Catalan indepen dence parties. A previous report, The Kitchen Report into the matter concluded that PP governments used government resources and funds to cover up internal scandals.Theinvestigation would
‘Return of La Niña’
The guide contains top tips to ensure the comfort of pets during long jour
neys and to avoid travel sickness, as well as main taining the comfort of oth er Ownerspassengers.oflarger dogs
Congress will also be rat ifying Finland and Swe den’s incorporation into NATO this week.
The pilot project allows one large dog per passen ger, with a maximum of two large dogs in a single carriage. Regular policies still apply to dogs weigh ing up to 10kg and service dogs.Nestlé Purina has issued an owners’ guide for tak ing dogs on the trains to accompany the project.
Dog Policy on Track
EWN 22 - 28 September 2022 euroweeklynews.com NEWS8
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events have been happening, including storms. The WMO warned about a triple episode of a known weather phenomenon, ‘La Niña’, which is unprecedented. The WMO predicts a 70 per cent chance of the phenomenon continuing for the rest of the year.‘La Niña’ is a global weath er pattern associated with cooling sea temperatures in the Pacific Ocean, creating more extreme weather in the winter season.
THE Spanish national rail network, Renfe, has an nounced a new policy al lowing larger dogs to trav el on its trains. Renfe has been running a pilot pro ject on the policy from September15 in partner ship with sponsor, Nestlé Purina.Aspokesperson for Renfe said that dogs up to 40kg would now be al lowed to travel on its net work, including on a selec tion of AVE and long distance lines in the northeast of the country.
Human cost
POLICE have launched an operation against a human traf ficking network in Gran Canaria operating by sending child refugees to mainland Spain under fake identities. Officers have been investigating since the head of the Puerto de la Cruz youth migration centre raised the alarm about traf ficking cases in January. As a result of police action, a judge in La Laguna sentenced two leaders of the scheme to prison and gave criminal cautions to seven other individu als involved in the cases.
Corruption investigation pending
DOGS: Now allowed on trains
THE Spanish Agency for Food Safety and Nutrition issued a warning on Thursday September 15 over President branded goat’s cheese after pieces of metal were discovered in several units. The health department received an alert through the Euro pean Food Alert Network.
The President brand has issued a product recall notice for affected cheese and has withdrawn fur ther units from being sold while an investigation is underway to find the source of the traces of met al. The President marketing team issued a state ment saying they were removing the product from shelves in multiple countries across Europe.
THE Spanish Congress is to vote on whether to open an investigation into politi cal corruption during the previous Partido Popular (PP)Thegovernments.investigation would
Consumers who have already bought the affect ed products are advised to refrain from eating them and to return them to their point of pur chase as soon as possible. Customers can obtain a refund for the recalled products. The affected units are Président rulo cabra Sainte Maure in size 180g and Président queso cabra Riblaire in size 1kg with expiration dates in October. The Agency for Food Safety and Nutrition also issued images of the affected products on their social media pages.
"We want to encourage certain in comes to take up residence in An dalucia, thus contributing with their taxes," stated the Andalucian Popu lar Party leader, who has set his goal of "making Andalucia the common regime community with the lowest tax burden together with Madrid."
President of the Govern ment.Inprinciple, it is ex pected to be in force un til December, although the Government didn't rule out extending this and other tax reductions,
such as the one already applied to VAT on elec tricity, throughout the coming year.
the best chef voted by fellow pro fessionals.Muñozexpressed his joy in front of chefs, critics, restaurateurs, and other food lovers, who applauded the new number one. "Thank you, voters and colleagues, it's an hon our, an incredible thing", he pro claimed.Afterworking in Asian restau rants in London, Muñoz settled in Madrid in 2007. In 2010, he re ceived his first Michelin star. Two years later, he got his sec ond star and opened the StreetXO restaurant, in the Gourmet Experi ence at El Corte Inglés on Calle de Serrano, Madrid.
also reached first place thanks to his work at DiverXO restaurant. In addition to this first place, this year he picked up two other awards: the best restaurant in Madrid, and
savings for consumers of €19.4 million. The Gov ernment has lowered VAT to 5 per cent on electricity, the rate of Electricity Tax to 0.5 per cent, and has suspended the 7 per cent tax on generation, saving con sumers an estimated €10 billion.
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onHottestrecord
The decision comes two weeks after it was an nounced in the Senate by Pedro Sanchez, the
DABI MUÑOZ, the reigning world champion has once again been crowned the best chef in the world on Tuesday, September 20. He re ceived his accolade at the Best Chef Awards 2022, held this year in Madrid.Several hundred chefs from around the world gathered in the Crystal Gallery of the Palacio de Cibeles, headquarters of the Madrid City Council. Dabiz Muñoz saw his culinary work recognised as a chef, with one of the most rel evant distinctions in recent years.
The Andalucian administration's main argument for deciding to abol ish the wealth tax is that, after an analysis of its current effects, it has found that "it is a brake on invest ment". Moreno added that "of the 20 taxpayers who pay the most" with this tax, "half of them moved out" of the region. This has reportedly led to a loss of €3.5 million in wealth and €14 million in personal income tax.
THE President of the Junta de An dalucia, Juanma Moreno, announced on Monday, September 19 that his government will abolish Wealth Tax in the region with a 100 percent re bate.According to Moreno the abolition of the Wealth Tax in Andalucia will not affect revenue and will increase the amount of taxpayers paying in come taxes and other taxes. In addi tion, the President plans to deflate the regional income tax.
VAT will also be re duced to 5 per cent on pellets, firewood, and chips, with estimated
VatBESTreductionCHEF:DabiMuñoz
AEMET, Spain's meteorological agency said on Tuesday, Septem ber 20 that the first eight months of 2022 were the hottest since records began in Temperatures1961.forthe first eight months were according to AEMET 2.4 C above normal, well above the reduction in temperature that the United Nations and scientists across the world are looking for. That record is one that has left the country dry and in many parts arid, reducing crop output and re sulting in wildfires that burned large swathes of the country. That has left many a farming communi ty struggling whilst other areas have turned to dustbowls. Fore casters suggest that this winter could see a return to normal tem peratures, as it could more rain. However, scientists remain con cerned that the trend is upwards and that more extreme tempera tures can be expected in the years to come.Thatcould see further crop fail ures and growing competition for water, which may require difficult choices.
Best chef crowned
With this title, the chef from Madrid repeats his achievement from the previous year, when he
No more tax
ON Tuesday, September 20, the Council of Minis ters definitively ap proved the reduction of VAT on gas. It will subsequently drop from 21 to 5 per cent.
“My mother was still working so I went to Mo town producer Berry Gordy and asked for an advance,” Fakir“Herecalled.saidhe’d think about it and the next day he gave me a cheque for 10,000 dol lars and another cheque for 2,000 dollars to cover taxes.”
From left to right: Lawrence Payton, Renaldo “Obie” Benson, Duke Fakir and Levi Stubbs.
Celebrity Interview with Duke Fakir
Duke Fakir.
EWN 22 - 28 September 2022 euroweeklynews.com NEWS10
PaulPayton.Lambert and Duke Fakir.
“I heard a great quote which states: “He has achieved success, who has lived well, laughed often, and loved much”, and that I think summarises Duke to a tee,” concluded Lambert.
Fakir.Producer, Paul Lambert who is currently working on The Four Tops stage musical entitled “I’ll Be There”, be lieves their ambitious musi cal has worldwide potential, rivalling musicals such as Jer sey Boys and Mamma Mia.
Fakir.DukeofpermissionbyUsedCredit:
“While on a boat travelling there, he heard that a factory in Detroit would take men of any colour on the same pay scale, so he jumped straight into the Detroit river and swam to shore.”
EXCLUSIVE
Duke Fakir made sure his mother was taken care of as soon as the Four Tops classic “Baby I Need Your Loving” became a hit.
THE makeBangladesh,froments.andtributesrecalledforemoney.guidance,verynecessity.washisdon’tshistory,nessmanagedofremainingDecember,successcretsDukelyterviewandbutwasandDukeTopsAmericanworldrenownedquartetTheFourformedbyLeviStubbs,Fakir,LawrencePaytonRenaldo“Obie”Benson,notjustamusicalbandalsoaglobalbusinessbrand.InanexclusiveinwithTheEuroWeekNewsfoundingmemberFakirrevealsthesetothegroup’sbusinessspanning44years.Abdul“Duke”Fakirborn26,1935,thelastfoundingmemberTheFourTops,haslongthegroup’sbusiaffairsthroughoutitslearningthedo’sandofbusinessearlyonincareer.“OurcustomisedbusinesscreatedmostlyoutofWestartedoutyoung,withoutanymakingverylittleItwasnineyearsbewereachedMotown,”DukeFakir.Themusiclegendatalotofhisbusinessworkethictohispar“MyfatherwasoriginallyEastIndia,nowandheusedtoandplaysitarsonthe
received a scholarship for col lege through basketball, and had always considered busi ness as a possible major, but we started singing just be fore that,” said Fakir.
From left to right: Levi Stubbs, Renaldo “Obie” Benson, Duke Fakir and Lawrence
Duke Fakir will be touring the US, Australia, Belgium, England, Holland and other European countries later this year with The Four Tops lat est line up including Lawrence Payton’s son Roquel Payton and Ronnie Mcneir.“After this tour I’m plan ning on stepping away from the stage now that I’ve writ ten my book, which is basi cally a recipe for our upcom ing musical, which I’ve always wanted to do,” stated
Duke Fakir’s interest in business and finance led him to fall into the role of the group’s businessman.
“I was very interested in fi nance, I would have studied something like that, which I had intended to do as I had
streets of India, until he de cided to move to Canada to look for factory work”.
It was after this exchange that Duke Fakir realised the importance of making sure the business and finance side of things were covered.
British Chancellor:
THE German government has seized control of Russian oil giant, Rosneft’s German subsidiary, including 3 refineries. The refineries will be placed into a trusteeship until a European partial embargo on Russian oil the end of the year. Rosneft is Germany’s largest crude oil processing facility, with capability to process 12% of the country’s oil.
The group of economists works on behalf of charity, Debt Justice, which has announced its report before in ternational negotiations on debt re structuring begin at the end of September. Key attendees of the fi nancial restructuring talks will be rep resentatives from Chinese, British and French governments. Fourty six per cent of Zambia’s debt is owed to private creditors, such as company BlackRock, 22 per cent, to China, 8 per cent, to other governments and
$3 GivenCompanyBillionAway
FINANCE to read more FINANCE scan this QR Code
The company has had a pro gramme called the ‘1% for the Planet Scheme’ since the 1980s which has raised $140 billion to be donated to climate organi sations. The company’s yearly profits will now be used to combat climate change.
STATWEEKOF
THE owner of sportswear equipment and clothing brand, Patagonia, announced on Wenedesday, September 14 that he is giving away the com pany and its profits to fight cli mate change. The 50 year old company is worth around $3 billion.Patagonia’s billionaire own er, Yvon Chouinard, an nounced the redirecting of profits to fight the climate cri sis. Changes include the dona tion of 98 per cent of the com pany’s stocks to an NGO called Holdfast Collective which fights climate change. The remaining 2 per cent of stock will be placed in a trust to protect the company’s values.
The Bank said that synchronised in terest rate increases by banks aiming to combat inflation might not be suffi cient to bring it down to the pre-pan demic rate. The Vice-President of the World Bank said that the simultaneous nature of the interest rate increases had the potential to steepen the eco nomic crisis by reducing consumption
Zambia is at the point of economic collapse after multiple crises ravaged the economy. The country’s econo my has been hit by corruption scan dals, the pandemic and high interest rates on loans. As a result, the group headed by Columbia University economist Jeffrey Sachs, and Jayati Ghosh Jawaharlal Nehru University have asked creditors to offer the na tion debt relief measures including a debt payment waiver until 2023.
World Bank warning shutterstock.comBlokhin:Kristicredit:Photo
The World Bank warns about global recession
THE World Bank has issued a warn ing about a potential global recession. The financial institute issued the warn ing in response to central banks simul taneously raising interest rates to com bat spiralling inflation rates.
The objective of the latest World Bank report is to avert the risk of a global recession while bringing infla tion rates back under control. The re port looks to data from previous reces sions.
Russian Oil Giant
INFLATION is hitting con sumers hard in New Zealand. Food prices in the island nation rose 8.3 per cent during the month of August, which is the biggest rise in prices in 13 years.
£2.5billion
CHINESE retail sales surpassed financial experts’ expectations after growing by 5.4 per cent in August against a projected growth rate of 3.5 per cent Industries experiencing growth included car and food sales. Industrial production is also up by 4.2 per cent, beating expectations of 3.8 per cent. However, the property market suffered a decline due to poor demand and extreme weather.
MORE THAN 100 economists and academics have signed a letter to the creditors’ negotiating committee for Zambia asking it to write off a large portion of the country’s debt.
Chinese Recovery:
New Zealand’s island location and a duopoly of supermarket companies has exacerbated the food price issue in the country. August’s rise in food prices marks the highest annual increase in this indicator since the global financial crisis hit in 2009. Food staples have risen in cost, including toma toes, by 162 per cent.
tempt to boost production, which would drive a demand in consumption and stimulate economies worldwide. The bank believes that current policies of reducing consumption will further stall economic growth.
THE pound sterling is expected to coninue its declice for the third consecutive week. The cause of the fall is low UK retail sales, amid the worsening cost of living crisis. The Pound to Euro exchange rate plummeted to just 1.1433 on Friday September 16. The decline marks a fresh 37year low against the Dollar.
priceSupermarketincrease FINANCE
prevent creditors from profiting from economic turmoil. Indeed, large loans from private companies and the IMF extend periods of economic downturn for indebted countries by design, due to cripplingly high inter est rates. Meanwhile, creditors such as BlackRock in Zambia profit up to 110 per cent on loans from debt in terest.Several other countries including Chad and Ethiopia will ask for debt relief measures, during financial re structuring talks.
Debt Justice is urging governments to consider debt relief measures to
NEW British Chancellor, Kwasi Kwarteng, faces mounting pressure to deal with a plethora of economic issues. The new government last week announced a £2500 cap on annual household energy bills but faces a continued economic downturn, including projected losses from an additional public holiday for the funeral of Queen Elizabeth II.
entirely.Afurther two-point increase in inter est rates might be required to bring in flation down, but believes that this would trigger a global recession. The bank projects that this 2 per centin crease in interest rates would cause GDP growth to freeze at 0.4 per cent per capita, defined as a global reces sion.To combat a recession, the bank suggested that policymakers should at
Inflation in New Zealand has reached 7.3 per cent, conforming with the global tendency of rising inflation. As in other nations, the rise is being attributed to the en ergy crisis due to Russia’s invasion of Ukraine, supply-chain issues and the Covid-19 pandemic.
According to one publication, The Royal Family contribute a net average of £2.5billion per year to the UK economy with the largest share of this figure attributed to the boost in tourism.
BUSINESSEXTRA
ZAMBIA: Is facing an economic crisis
Pound Sterling:
euroweeklynews.com • 22 - 28 September 202212
Seized:
18 per cent to international institu tions.The IMF approved a loan of $1.3 billion to Zambia at the start of September after it defaulted on its $17.3 billion of external debt. Zambia has been forced to slash its public spending budget including on health care which it has cut by one fifth to balance its budget. The result is poor er public health, requiring further loans to resolve.
The World Bank said that much of the world was experiencing the sharpest economic downturn since the 1970s. A moderate hit to the economy could now trigger a global recession. A spokesperson for the institution said “Global growth is slowing sharply, with further slowing likely as more coun tries fall into recession”. This would have calamitous results for the economies of developing countries.
Africa debt relief
Smith & Nephew 1.061,50 1.062,50 1.048,50 612,47K
American Express 156,13 158,79 155,90 2,37M
Taylor Wimpey 108,70 109,05 106,00 3,36M
7.40M Esports Entertainment
Barclays 172,94 173,08 170,82 16,26M
Associated British Foods 1.333,5 1.333,5 1.313,3 23,37K
BP 458,50 460,54 454,25 564,63K
CRH 3.061,0 3.061,5 3.014,0 234,13K
Fresnillo 707,00 723,00 704,20 215,94K
IAG 107,46 107,70 106,62 659,53K
Coca-Cola 59,53 60,40 59,36 11,22M
Norilskiy Nikel ADR 9,10 9,10 9,10 0
Halma 2.001,0 2.023,0 1.987,5 271,04K
Ocado 650,80 653,40 632,60 452,83K
Goldman Sachs 331,62 335,28 327,59 1,47M
Microsoft 245,38 251,40 244,02 31,31M
JPMorgan 117,87 119,38 115,75 10,72M
Standard Chartered 611,00 611,00 602,34 64,12K
Legal & General 262,00 262,30 258,10 2,43M
Cisco 43,29 43,87 43,09 17,99M
Reckitt Benckiser 6.290,0 6.363,0 6.286,4 13,03K
Getty Images Holdings
SSE 1.749,00 1.750,78 1.721,18 43,21K
Caterpillar 182,49 186,54 181,68 1,92M
WPP 772,80 772,80 757,06 104,46K
IBM 125,49 127,46 124,90 5,13M
Prudential 948,00 947,80 936,00 55,11K
Relx 2.245,00 2.248,74 2.224,54 12,52K
Walmart 133,47 135,15 132,97 6,71M
Omeros
Scottish Mortgage 833,53 836,60 826,80 530,19K
3M 116,42 118,74 3,61M
Amgen 227,66 229,01 225,86 2,17M
Severn Trent 2.629,0 2.640,0 2.620,0 87,87K
NatWest Group 274,10 275,30 271,90 4,77M
United Utilities 1.024,50 1.026,50 1.019,00 250,13K
Unilever 3.970,0 3.990,5 3.956,0 29,07K
Salesforce Inc 154,78 159,84 154,31 6,93M
Admiral Group 2.261,0 2.271,0 2.211,0 326,91K
Vodafone Group PLC 109,86 111,52 109,08 1,33M
Rolls-Royce Holdings 76,04 76,06 74,89 2,83M
Mondi 1.463,00 1.464,50 1.440,50 26,44K
Hargreaves Lansdown 855,60 856,60 838,20 26,44K
Ferguson 9.876,0 9.882,0 9.768,0 3,48K
Walt Disney 110,77 114,41 110,71 9,58M
ITV 64,10 64,22 62,70 2,31M
Melrose Industries 110,00 110,91 108,70 1,03M
EasyJet 350,86 355,00 347,20 325,73K
BT Group 140,50 141,10 139,50 3,65M
The Travelers 164,16 165,46 162,27 1,27M
1.81M Comera Life Sciences Holdings +25.70% 20.05M Austerlitz Acquisition II Wnt +20.83% 534.87K Republic First Bancorp +20.08% 1.14M Store Capital Corp +19.90% 57.34M Better Choice +19.15% 198.57K Most Declined Shuttle Pharmaceuticals -55.65% 5.21M Ironnet -44.55% 11.77M Eloxx Pharma -40.97% 1.27M Color Star Technology Co -39.54% 159.49M Alaunos Therapeutics
Tesco 231,50 233,20 230,00 3,85M
Hikma Pharma 1.268,00 1.271,50 1.223,50 180,89K
Verizon 41,03 41,27 40,71 22,69M
B&M European Value Retail 340,00 342,60 336,00 788,21K
Apple 152,37 155,24 151,38 89,74M
Smiths Group 1.522,00 1.523,50 1.503,00 141,16K
Burberry Group 1.715,0 1.725,0 1.702,5 5,55K
DCC 4.814,0 4.814,0 4.780,0 4,92K
Neurobo Pharmaceuticals
Sage 716,20 718,00 710,80 789,19K
British American Tobacco 3.457,5 3.472,5 3.416,5 603,11K
Glencore 486,98 491,95 480,26 2,10M
Persimmon 1.450,0 1.456,0 1.429,0 1,07M
Rhythm Pharma
London Stock Exchange 7.796,0 7.808,0 7.720,0 7,84K
Coca Cola HBC AG 1.940,0 1.937,5 1.921,2 12,92K
Chevron 160,62 161,70 159,58 9,64M
Diageo 3.768,5 3.768,5 3.721,1 20,22K
British Land Company 405,00 405,00 394,80 73,91K
Lloyds Banking 48,00 48,03 47,12 26,20M
Bunzl 2.750,0 2.741,5 2.729,0 4,27K
GSK plc 1.337,93 1.341,67 1.332,23 120,49K
HSBC 535,40 535,60 529,50 410,31K
Carnival 816,0 829,0 810,6 36,05K
Avenue Therapeutics
BHP Group Ltd 2.216,50 2.225,50 2.199,50 305,93K
Imperial Brands 1.923,50 1.929,00 1.900,50 267,41K Informa 554,40 554,40 546,60 11,14K InterContinental 4.710,0 4.741,9 4.656,0 18,40K Intermediate Capital 1.216,50 1.239,50 1.200,00 132,80K ººCCOMPANYOMPANY PPRICERICE((PP)) CCHANGEHANGE((PP)) % C% CHGHG. NNETET VVOLOL COMPANY CHANGE NET / % VOLUME US dollar (USD) ........................................0.9973 Japan yen (JPY) 142.95 Switzerland franc (CHF) 0.9606 Denmark kroner (DKK) 7.4359 Norway kroner (NOK) 10.225 MAKE THE MOST OF YOUR MONEY WITH US See advertouronpreviouspage 0.87612 1.14092 LONDON - FTSE 100 C LOSING P RICES S EPTEMBER 19 Units per € COMPANY PRICE CHANGE OLUME(M) NASDAQ C LOSING P RICES S EPTEMBER 19 M - MILLION DOLLARS THE ABOVE TABLE USES THE CURRENT INTERBANK EXCHANGE RATES, WHICH AREN T REPRESENTATIVE OF THE RATE WE OFFER currenciesdirect.com/marbella • Tel: +34 952 906 581 EWN 22 - 28 September 2022 euroweeklynews.com FINANCE, BUSINESS & LEGAL14
Rentokil 518,80 520,40 515,40 1,00M
Flutter Entertainment 10.490,0 10.510,0 10.300,0 56,85K
Nike 105,50 108,14 104,83 6,57M
Dow 46,91 47,76 46,69 6,52M
Data Action Technologies
Experian 2.671,0 2.679,6 2.647,0 16,68K
Samsung Electronics DRC 1.006,50 1.007,00 1.002,50 3,40K
J&J 165,08 166,07 164,10 7,17M
Ashtead Group 4.306,0 4.308,0 4.245,0 228,27K
Shell 2.318,5 2.340,5 2.312,0 99,82K
Merck&Co 86,75 87,43 86,20 6,75M
Rightmove 595,60 600,60 592,60 464,96K
AMTD Digital
Walgreens Boots 34,23 35,18 33,95 10,75M
AstraZeneca 10.400,0 10.439,1 10.174,0 16,08K
Aviva 442,90 443,30 438,20 1,39M
Centrica 80,56 81,56 80,32 2,87M
Compass 1.917,50 1.922,50 1.901,00 801,29K
IG Acquisition
Johnson Matthey 1.968,0 1.970,9 1.948,0 0,61K
Spirax-Sarco Engineering 10.280,0 10.291,0 10.190,0 1,37K
Schroders 2.576,0 2.610,0 2.560,0 60,70K
Home Depot 271,54 278,01 270,54 3,88M
Procter&Gamble 137,44 138,89 136,64 5,31M
Honeywell 176,86 179,99 176,20 3,40M
Most +85.60% 112.49M +47.21% 8.17M +40.65% 4.15M
Secoo Holding
Meggitt 798,00 798,00 798,00 0
Anglo American 2.763,5 2.774,0 2.716,0 782,32K
DS Smith 271,40 272,40 265,90 1,55M
Visa A 195,37 200,31 194,53 6,08M
National Grid 1.032,00 1.036,00 1.027,42 117,28K
Abrdn 146,45 146,45 142,55 287,05K
Phoenix 608,80 609,40 604,00 257,53K
St. James’s Place 1.102,00 1.102,00 1.078,00 10,71K
7.19M CCOMPANYOMPANY PPRICERICE((PP)) CCHANGEHANGE((PP)) % C% CHGHG NNETET VVOLOL DOW JONES C LOSING P RICES S EPTEMBER 19
Intel 28,84 29,41 28,71 39,51M
Croda Intl 6.530,0 6.540,0 6.448,0 7,82K
Tui 137,85 138,95 134,75 1,36M
Barratt Developments 431,40 433,00 419,60 1,54M
Whitbread 2.639,0 2.671,0 2.623,0 121,85K
Boeing 149,78 153,45 147,28 9,73M
UnitedHealth 522,91 527,98 514,14 3,05M
Berkeley 3.630,0 3.636,1 3.551,2 5,41K
Next 5.792,0 5.814,8 5.734,0 13,72K
Auto Trader Group Plc 618,00 621,20 616,00 49,38K
Nabriva Therapeutics
BAE Systems 771,00 773,80 765,00 152,42K
3I Group 1.127,50 1.129,00 1.112,50 329,95K
Rosneft DRC 0,20 0,20 0,20 0
ZW +37.40% 7.31M +27.27% 5.16M +25.71% -37.76% 40.45M -28.89% 1.42M -25.97% 2.10M -25.04% 4.18M -24.50% 3.49K -24.44% -22.62%
Rio Tinto PLC 4.709,5 4.720,5 4.655,5 48,71K
J Sainsbury 201,00 201,70 199,85 1,54M
McDonald’s 253,47 255,23 252,49 2,28M
Land Securities 597,40 598,80 587,96 101,50K
Segro 877,20 877,20 860,40 38,51K
Intertek 3.908,0 3.952,0 3.887,0 51,82K
Advanced Heartbeam
Antofagasta 1.128,00 1.136,50 1.116,00 33,70K
Aveva 3.040,0 3.033,0 2.997,3 6,62K
Casillas XTB
DESÌTE the horrendous floods, Pakistan's Finance Minister, Miftah Ismail, confirmed he will not deviate from his obliga tions.On Sunday, September 18, the Finance Minister told press: “The path to stability was narrow, given the challenging envi ronment, and it has become narrower still.”
rate of euros to dollars has also been falling 0.4 per cent eachTheday.bank said that reces sion was likely due to "unfa vorable developments in the gas market", due to the Russian invasion of Ukraine and subsequent closing down of the Nord Stream gas pipeline. Gas shortages are disrupting German in dustrial production, despite industry leaders’ attempts
RECESSION LOOMS FOR GERMAN ECONOMY.
“But if we continue to take prudent decisions – and we will – then we’re not going to default. Absolutely not.”
THE Finance Minister for Germany explained that he was still looking at ways to ensure gas prices remained affordable for the people in his country.
The royal landmarks and the roy als themselves bring in an enor mous amount of wealth for UK tourism but does it cost the UK tax payer more for the royals' upkeep?
BIRDLIFE, ECOS, T&E and WWF have left BEUC, an EU Sustainable Finance Plat form, formed by a group of experts from public and pri vate bodies, academia and the business world that ad vises the European Commis sion on all its projects in this area. The organisation is made up of 45 consumer or ganisations from 32 coun tries.
Royal Estate admission income sat at £49.9M (€56.9M) in 201920 but this is only part of the royal family’s contribution, according to one report on Monday, September 19.In a year, sales made at the gift shops from the royal collection made £19.98M (€22.8M).
The average royal upkeep per an num costs UK taxpayers around £500M (€570M), but Brand Finance estimates that the monarchy con tributes £2.5 billion (€2.8 billion) to the British economy in the same pe
Family/WebsiteRoyalImage:
Striptease
He added that he was still awaiting recommendations from a group of experts.
When asked about a cap on gas prices, Christian Linder said: "We have developed this commission, but proposals within the federal government are also being considered further, so it has not been completely outsourced."
On Monday, September 19, the German stock mar ket index, DAX 30 lost al most 1 per cent during trad ing hours. The exchange
SPANISH energy company Repsol has abandoned the bid for Italian energy compa ny PLT Energia, valued at €1 billion. PLT Energia is dedi cated to the gas.thebiomassofconstructiondevelopment,andoperationwind,photovoltaicandplants,aswellassaleofelectricityand
Bye BEUC
to end dependence on Rus sian gas. Bundesbank sug gested that rationing could be avoided, but companies need to reduce production. Bundesbank expects to in flation to continue soaring, reaching double digits in 2023.Bundesbank’s projection accords with forecasts by other German economists from the Kiel Institute for the World Economy.
riod.The Royal Family confirmed that the Monarchy has sometimes been described as an expensive institu tion, with Royal finances shrouded in confusion and secrecy.
shutterstock.comPhoto:Savvapanfcredit:Photo
German Economy
The minister also said that the Federal government had es tablished a commission tasked to slow down the growth of gasTheprices.German government has already recommended citi zens try to reduce the consumption of electricity, water and gas during winter.
426,000 tickets between April 2021 and March 2022.
TSB Bank
In reality, they say, the Royal Household is committed to ensur
Keeping gas affordable
BUSINESSEXTRAEWN 22 - 28 September 2022 www.euroweeklynews.com FINANCE16
Pakistan will 'absolutely not' default on debt
UK’s tourism royalties
ing that public money is spent as wisely and efficiently as possible, and to making Royal finances as transparent and comprehensible as possible.Itwillbe interesting to see if the death of HM Queen Elizabeth II will have an impact on this income.
SANTANDER Bank allegedly hired a law firm over the summer to investigate the visit of a group of bank em ployees to a strip club in Lon don after a day of meetings to find out whether younger workers were pressured to attend.
The House of Windsor is estimat ed to earn hundreds of millions for the British economy every year, with Frogmore House and Windsor Castle selling approximately
PLT Energia
BANCO Sabadell (SAB) is re portedly not interested in selling UK subsidiary TSB, ac cording to the Spanish bank's top executives, fol lowing a news article about a possible Sabadellbid.CEO César GonzálezBueno affirmed that although pleased with initiatives to buy it, they had no intention of selling.
"But in terms of servicing our external and local debt, and being micro macroeconomically stable, those things are un derThecontrol.”devastating floods have killed more than 1500 people, have affected 33 million Pakistanis and created billions of pounds worth of damage.
FORMER goalkeeper Iker Casillas is set to be the new brand ambassador of XTB (XTrade Brokers), joining a line of international figures including coach José Mour Casillas'inho. campaign launches on September 20 on online media and then on TV from October 3.
THE German national Bundesbank announced that it expects the German economy to shrink during the fourth financial quarter. Bundesbank declared that an economic recession was increasingly likely in Eu rope’s largest economy.
TRAVELLERS from all over the world head to the United Kingdom every year purely to see royal land marks, attend royal events and visit historical sites.
The Finance Minister added: “Yes, there has been a substan tial loss to the very poorest people and their lives will never be made whole again."
THE MONARCHY: HOW MUCH DOES IT COST
Gratified to see literally hundreds of folk on social media are complaining about the shortage of different British cultures on display during the public lamenting of Queen Elizabeth. Even more are beginning to voice their dis satisfaction at the dysfunctional casting in a whole host of commercials being shown on British television.
STRANGE to look back and realise that I have actually been a follower of spiritu alism my entire life. Well not quite all of it; the experience began to emerge when I was around four years of age.
Let’s hope this false, misdirected po litical marketing becomes so obvious that something is done about it.
Interesting to also note that the Labour party’s governmental leader ship in the seventies was ultimately la beled as ‘The Dark Ages’ and at the end of their Blair/Brown era their Chancel lor left a note for his successor declar ing that there was ‘no money left’ –Just saying!
LeapyLee’sopinionsarehisownandarenotnecessarilyrepresentativeofthoseofthepublishers,advertisersorsponsors.OTHERSTHINKITLEAPYLEESAYSITAspiritualisticlifeFormorefromourcolumnistspleasescanthisQRCode
petrified (I was after all only
To my true surprise, no one believed me, and they subsequently all soon for got but I never have. I still remember as if it were yesterday. Pictures of Christ, which I observed later in life, were often very similar. And so my spiritual reality materialised. It has nev er left me.Ibelieve we all experience be tween 500 and 700 lifetimes on this earth and are steered by the teachings and knowledge we have gained in pre vious manifestations. If we feel some thing is wrong or right, or we suffer from claustrophobia or a fear of being crushed into the mud by stampeding horses, they are all the result of experi ences in a past existence. Think about it
I truly don’t know how else to describe it. Shimmering white and serene, wearing a robe with a head covering, similar to those worn in the Middle East, it simply stood, half turned toward me, without making a Utterlysound.
EWN22 - 28 September 2022 17FEATURE euroweeklynews.com
four). I quickly thrust my head back down under the covers. After a few minutes I warily reemerged and peered once again to the bottom of the bed –the vision had disappeared.
The next day I couldn’t wait to tell Mum and the family what I had seen. Somewhat to my surprise, they all poo poo’d my experience.’ Ah, they chided amusingly; ‘you probably saw the firelight flickering, or the moonlight coming through the window.’
Mum and I had our own bed room, containing a large double bed which we shared together. One night, with Mum softly dozing beside me, I suddenly awoke. For some obscure reason I found myself slowly raising my head above the blanket, my sleepy eyes immediately focused on the ap parition standing at the bottom of my bed.
My family, without Dad of course, who was driving a tank against Rommel at the time, had returned from our war time evacuation to my grandparents’ home, which had mirac ulously survived the bombing.
simple common sense.
Keep the faith Love leapylee2002@gmail.comLeapy
REFERENDUMRUSSIAN OUR VIEW
election.Whilesome
David Hamilton
Among Putin’s many claims since embarking on his aggression towards UK Ukraine came his argument that he was simply repositioning troops as he amassed sol diers on the Ukraine border.
HOW sad is the sudden death of our Queen.
Michael Hill
However, in reality Russia shares land borders with 14 countries and only five of them are NATO members, ac counting for just one sixteenth of Russia s border.
OVER many years we have enjoyed and appreciated the provision of your pa Sadlyper. we were disappoint
Putin’s previous electoral record for president makes for a somewhat eyebrow-raising read, starting with a credible 53.4 per cent of the vote share in 2000, rising to a much higher 76.69 per cent in the 2018 presidential
History tells us that propaganda can be a powerfuland dangerous weapon- if used in the wrong hands. It re mains to be seen whether those Putin is seeking to influ ence will be persuaded by the latest trophy in his arse nal.
Steve Webb
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As someone who will be 70 in February next year, the same amount of time she was on the throne, I feel ratherAlsohumble.watching her coffin on TV leaving Buckingham Palace for the journey to Westminster Hall at precise ly 2.22 the date of my birth day made me feel even more humble having served her majesty for 38 years as a paramedic in the NHS.
SO, the hugely overpaid seat warmers in government ad vise that we cannot yet again afford to give those parasitic pensioners a de cent rise just because they paid 35 to 40 years for those pensions?Sunakthrew away billions so welloff people could eat and drink out cheaper at the far too many such places who are now saying they will go under unless the government chucks a few hundred billion more theirBritainway. has probably the worst state pensioners of any western nation, even when they quote the higher figure when most like me get the pittance lower fig ure. And they want it even lower so heat or eat be comes "die you old b******s"………
Feeling humble
ed with the politically bi ased article by David War boys titled "The Sad legacy for the Uk".
Next came the claims that he is “liberating” Ukraine from neo-Nazism- despite the country´s leader being Jewish himself. The Russian leader has also claimed that NATO has forced his hand by encircling Russia and taking on new members from bordering countries.
EWN22 - 28 September 2022 19LETTERS euroweeklynews.com EUROWEEKLYNEWS.COM
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argue Putin has been pushed into support ing a referendum by NATO, the majority view in the west is that this continues to be another in a never-ending list of PR manouevres by the Kremlin.
AS RUSSIA reportedly gears up to back an express refer endum into annexing sections of Ukraine, the world waits to see if Russia’s president is finally capable of holding a clean, unbiased election.
Prejudiced
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For goodness sake, they are adults who are continuing into further education.Welcome to the real world where as we ma ture we are confronted with often dreadful ex periences and so need to develop an ability to cope. Are students to be wet nursed throughout life?It’s just one long Groundhog Day of April Fool’s headlines isn’t it? Who runs these universi ties?
OVER SAINTLY TALES latest thriller.
ThoughtCo&ImagesGettycredits:Photo
We often take two seemingly incongru ous words and merge them. Nicholas God sick (US tennis player), Lloyd Glasspool (UK tennis) and Gavin Rumgay (table tennis) are examples. Why?
today. Don’t they read the news?
I mean Ramsbottom! It is probably perfect ly safe to let him freely wander around the fields adjoining your farm, but it raises the question of how family names evolved in the first place. Apart from such names as Baker, Jackson and Smith, of course. Some are named after places such as Bedford and Berlin. Or are the places named after people?Untilrecently, I accepted family names
LloydByMISNOMERSfusingtworandomwordstogetherwecancreateanoriginalname.AsktennisplayerGlasspool.
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words selected? It seems a modern phe nomenon to experiment with rearranging or substituting the letters of a perfectly normal name. Fulham’s leftback is An tonee Robinson. Are his parents incapable of spelling Antony or did somebody get it wrong at the font or registry office? Nu merous celebrities have perfectly tradition al names, either deliberately misspelt by ‘cool’ parents at birth or changed to make some kind of statement.
And before they even start, prospec tive students should be warned that spending three years and £27,000 on a potentially worthless university educa tion may be very upsetting indeed.
ester Metropolitan Uni versity issued trigger warnings over ‘graphic’ miracles ‘ghoulish’ tales of a mummified hand said to have divine heal ing powers explored in its history module is noth ingNextnew.they’ll be putting a warning for these snowflakes on Tom and Jerry! Maybe the hand could perform another miracle and insert a brain into the empty heads of these numpties, staff and students alike. Are medi cal students given trigger warnings about graphic and upsetting (real life) scenes?Funny how students can be upset about events over 1,000 years ago, yet be unfazed about the horrors going on
WITH a name like his, James Fortescuedu Cann was never likely to be an East End ticket collector by profession. He was, in fact, a marine architect with a passion for chamber music, malt whisky and golf. To judge by his name, we might expect to find Arthur Dustman at the opposite end of the social spectrum perhaps an unem ployable labourer who prefers Coronation Street, CocaCola and going to the dogs? But no! Despite his less prepossessing name, Arthur is also an architect although, alas, not a marine one. He enjoys theatre, real ale and was a county tennis player. He’s not far behind. But his name is no more appropriate than that of Gerry Old man (30 years young and not yet a father). This, of course, could change. Of course, we should not make pre judgements from names just remember Rotten Row and Bethnal Green. And yet, the only Marmaduke I have ever (briefly) met is distinctly middleclass, unlike the on ly ‘Turps’ who was completely without class.Most people disappoint by failing to con form to their names. For example, what do we expect from a man named Cowsudder
as they were, questioning or chortling at only the most hilarious. Terdifer, Mucken schnabel and Nutter fall into that category. But, more recently I have started wonder ing about other bizarre names; Bert Mil lichip or Microchip? (a former chairman of the Football Association); Diane Swonk (KPMG Chief Economist); Lord Pannick (a coolheaded lawyer) ….
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Nora Johnson’s critically acclaimed psychological crime thrillers (www.norajohn son.net) all available online includ ing eBooks (€0.99; £0.99), Apple Books, audiobooks, paperbacks at Amazon etc. Profits to Cudeca cancer charity.
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Well, it’s not going to keep me awake at night. Unless I have nightmares about the career change of a failed Austrian painter called Adolf Schicklgruber.
And how is the combination of letters or
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Roberto de Zerbi: New Brighton manager
Twitter@OfficialBHAFCCredit:
New manager
AS the start of the season looms ever closer for the Euro Weekly News Walking Football leagues, clubs are still completing squads, sporting new kits and an nouncing new managers.
their assault on both league titles in the over 50 and over 60 categories. Aston Viñuela are also seeking
new players as they rebuild in preparation for the com ingTheseason.Former League win ners who play near the lake in Vinuela are determined that they will again be com petitive after a disappoint ing season last time out.
ROBERTO DE ZERBI was announced on Sunday, September 18, as the new head coach of Brighton on a fouryear con tract. The 43yearold was previously in charge of Ukrainian club Shakhtar Donetsk. In light of the Russian invasion of Ukraine, De Zerbi decided to quit the post last July.
Torrox Tornadoes are looking for more players of all nationalities age 50+ to play for fun or league matches,the side already includes players from Netherlands, UK , Belgium, Germany, Sweden and Spain and practice every Sunday morning at San Roque Stadium Torrox
Malaga wfc over 60 trav el to Viñuela this week to play their final pre season game.This should be a good test of both clubs who will be competing in the new classification for the first time.Boca seniors competa are completing their end of summer preparation, they face a re match against El Cañadon in their last pre season game.
Torrox Tornedoes top and Nerja Utd bottom
De Zerbi joins a rejuvenated Brighton who are currently in fourth spot in the Premiership following a brilliant start to the Asseason.amark of respect to Her Majesty the Queen, the formal in troduction of their new coach to the media wase delayed un til Tuesday, September 20, said a statement on the club's website.
EWN 22 - 28 September 2022 euroweeklynews.com SPORT24 SPORT to read more SPORT scan this QR Code
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Brighton were recently left managerless after Graham Potter took the vacant job at Premier League rivals, Chelsea, follow ing Thomas Tuchel's sacking.
New season ahead
Pueblo at 8.45am. Nerja Utd are sporting a new home and away kit this season as they begin