Mallorca 22 - 28 September 2022 Issue 1942

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“at full sail”. The President of the AENIB, Jaume Vaquer, highlighted that figures could be even higher but several boats are pending comple tion due to supply issues. Lo cal business, Náutica Mallor ca, also insisted that demand remained high this season.

Between the inaugural direct flight on the route on June 3 and September 16, United transported 9600 American tourists to Mallorca, with flights operating at 100 per cent capacity.

While boat production has experienced losses due to supply and logistical issues, marine tourism remains pop ular in Mallorca and the Balearic Islands. The associa tion representing nautical companies and boaters in the Balearic Islands (AENIB), stated that the marine tourist industry was facing the final stretch of the season

A FLIGHT route between Palma de Mallorca and New York became United Airlines’ most profitable across its network this summer.

for Tourism, Andreu Serra stated that the new route “could not have been more positive”. Though Unit ed hasn’t yet announced it, the route is likely to be pro grammed further into autumn.

Marine tourism has the wind in its sails despite predictions!

Experts expected the yachting sector to suffer heavy losses due to the pan demic, the war in Ukraine and general economic uncer tainty. However, leisure boat registrations in the islands decreased only 5.6 per cent during this season compared to losses of 17.1 per cent in mainland Spain. The Balearic Islands accounted for two out of every 10 leisure boats registered in the nation.

FERRY-TALE ENDING

MALLORCA • EUROWEEKLYNEWS.COM FREE • GRATISIssue No. 1942 22 - 28 September 2022 THE BEST FINANCE NEWS ON18PAGES­22

Palma has evidently been a hit with American tourists attracted by Mallorca’s rich cultural offer as well as popu lar cuisine, beautiful landscapes and sporting opportuni ties.Minister

American holiday hotspot

IN spite of experts’ gloomy predictions, yacht tourism in the Balearic Islands has en joyed a successful season.

Betty Henderson

There will be contributions from a number of scientific ex perts and representatives from various organisations.

the Euroregion (Cataluña, the Balearic Islands and Occitanie) in the joint declaration of June 7 of 2019 to tackle plastic pollu tion in the Mediterranean by cooperating in the exchange of knowledge .

TEMPERATURES in Mal lorca during the first fort night of September reached highs equal to those registered during July and August.

Football waste drive

Save the Mediterranean

The meeting stems from the commitment made by the three territories that make up

EWN 22 - 28 September 20222 euroweeklynews.com NEWS

that will be part of the new BiciPalma, which he described as “another example of our commit ment to sustainability and to providing citizens with alternatives to private vehicles for their journeys”.Francesc Dalmau added that after the changes have been made to the current BiciPal ma service, “only the name will be the same”. The service will operate via a mobile applica tion. For the moment, only Palma residents will be able to use it.

Plastic waste is a real problem in the Mediterranean.

Since September 19, an industrial building in Palma has housed the 800 bicycles that will be incorporated into the first phase of the new Bici Palma service. The new service is expected to be available in December and both the current bicycles and stations will no longer be used.

The event will be held on September 29 in the city of Montpellier, France.

Credit: Balearic Islands Government

cling and separating waste at sports facilities in Mallor ca, these three entities have begun to carry out aware ness­raising initiatives among the staff and users of theSpeakingfacilities. on September 19, the vice­president and councillor for Sustainability and the Environment, Auro ra Ribot, said: “We must prevent as much waste as possible from ending up with general waste, which is destroyed in the incinera tor.”

The mayor of Palma, José Hila, and the deputy mayor for Mobility, Francesc Dalmau, visited the warehouse where the new bikes are being stored. Hila said it had been “very excit ing” to be surrounded by 800 of the 930 bicycles

Warmerautumn

Tamsin Brown

THE Minister of the Environ ment and Territory of the Balearic Islands Government, Miquel Mir, and the directorgeneral of Waste and Environ mental Education, Sebastià Sansó, will take part in the up coming “Save the Mediter ranean” conference.

The conference is structured around three main points. The first point will focus on replac ing plastics with other materi als, the second on how to recy cle and transform waste and the third will deal with ecologi cal restoration.

A TOTAL of 43 football clubs in Mallorca have requested recycling bins for their foot ball pitches, thanks to an agreement between the Consell de Mallorca, the Balearic Islands Football Fed eration and the environ mental organisation Ecoem bes. A total of 510 recycling bins have been distributed so far: 270 for metal and plastic packaging and 240 for paper and cardboard.

BiciPalma bikes arrive

The heat has persisted, with temperatures four degrees above normal for this time of year, making this month the hottest September on record.The head of the Balearic Meteorological Centre, María José Guer rero, has predicted that autumn, which begins on September 23, is like ly to have higher tem peratures than normal, as has been the case this summer.Thehighest tempera ture was recorded in Montuïri, which had 44.5 degrees on August 13.According to Guer rero, these prolonged high temperatures have surprised meteorolo gists, who expected a hot summer but did not know that it would be so extreme.Although the heat will ease as the year pro gresses, temperatures will continue to be high er than usual.

With the aim of imple menting a system for recy

EWN22 - 28 September 2022 3NEWS euroweeklynews.com

A legacy of service Royal symbolism

• 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.

Tributes to the Queen

THE

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.

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.

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.

• 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.

Commonwealth, received 110 Heads of States and played an active role in British politics, working with 15 prime minis

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?

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 national mourning period ended after the Queen’s state funeral, but the Royal Family will observe another week of mourning until Monday, September 26

• 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.

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.”

their happiness at the turnout: “In Spain watching the funeral of HRH Queen Elizabeth the Second via You Tube

and CNN, so many others also watching on their phones/IPads, such lovely comments from non UK fellow guests”

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.

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.

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.

What happens

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

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

QUEEN: Was a family woman

Spanish Prime Minister, Pedro Sanchez al so sent his condolences, writing that the Queen “shaped history”.

now?

Royal traditions

Queen Elizabeth and King Charles

Rest in Peace ma’am

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.”

• 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.

bre atmosphere as funeral proceedings got underway.Oneperson took to Twitter to express

THE Consell de Mallor ca will grant a subsidy to the Balearic

The15.representatives of the digital platform had a lively discussion with the attendees at the La Mis ericordia cultural centre in Palma.

Citizensclimatefor

islandclimateregardingsion­makinginwayemergency.combatministrationspublictoreporttogethertrainingedtivesselectedingthatisAssemblySeptembernaryapprovedofzens’goFoundationUniversity­BusinessIslands(FUEIB)totowardstheCitiClimateAssemblyMallorca.Thiswasattheplesessionheldon20.TheCitizens’ClimateofMallorcaapioneeringinitiativeconsistsofbringtogetherrandomlyrepresentawhowillbeinvittoparticipateinadaythenworktodrawupathatwillbeusedcreatemandatesforandprivateadtohelptheclimateItisaninnovativeofinvolvinglocalsthedemocraticdeciprocesstheeffectsofchangeontheandtheplanet.

Since September 1, train and metro users have been able to travel free of charge, which has allowed them to collectively save a total of €310,547 so far. With these measures, “we are guaran teeing citizens’ right to mobil ity,” said Francina Armengol, “and we are demonstrating that this government is com mitted to environmental sus tainability and public trans port”.This September, rail trans port in Mallorca achieved new record numbers of users in a single day: on September 14, 29,964 passengers used the train or metro.

THE introduction of free train and metro services and the discounts of up to 72 per cent on public buses for hold ers of intermodal cards have contributed significantly to the growing numbers of peo ple using public transport in Mallorca.Thiswas announced on September 16 by the presi dent of the Balearic Islands, Francina Armengol, who vis ited the facilities of the Rail way Services of Mallorca in Son Rutlan with the council lor for Mobility and Housing, Josep Marí, and the directorgeneral of Mobility and Land Transport, Jaume Mateu.

Record numbers of passengers

Netflix wanted to debunk some myths, particularly about how pro ductions in Catalan or collabora tive projects between different en tities are less likely to be chosen.

THE Minister of European Funds, Miquel Compa ny, and the managing director of the Institute of Balearic Studies (IEB), Pere Malondra, have pre sented the upcoming seventh edition of Fira B!, the Professional Music and Performing Arts Mar ket of the Balearic Islands.

negotiationsNetflix

The programme will feature 55 concerts and 26 performing arts shows that will take place be tween September 27 and October 2 in Palma.

55 music shows

The Mallorca Film Commission organised the meeting to bring the platform closer to Mallorcan cre ators, with the aim of making them aware of its project selection

Fira B! has “environmental, ecological and so cial sustainability” as its focus this year. “The government is dedicating a week to culture, par ticularly culture from the Balearic Islands, with 70 per cent of the acts coming from the islands,” saidTheCompany.eventwill feature text, circus, dance and theatre. There will be different styles of music such as pop, rock, indie, jazz, electronic, classical and world music. Most of the performances are free of charge. Fira B! will be visited by hundreds of national and international professionals who will be able to organise their favourite perfor mances to be shown later in different locations.

LARGE numbers of Netflix creators on Mallorca had the opportunity to talk to Verónica Fernández, Netflix's director of fiction in Spain and Portugal, and Beatriz Álvarez, Netflix's coordinator of institution al relations in Spain and Portugal, at an event on Thursday, Septem ber

The president of the Consell de Mallorca, Catalina Cladera, attend ed the event. She highlighted the Consell’s firm support for the Balearic Islands’ audiovisual sector and encouraged more meetings such as this one to boost its growth. Mallorca is also a regular setting for some of Netflix's inter national productions, such as The Crown.

processes and the type of content it is looking for.

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Likewise,ers. the number of pa tients that each nurse must attend to in Spain “doubles and even triples the recom mended number”. Therefore, the CGE proposes working to attract the 15,000 Spanish nursing professionals who are currently abroad, who often leave because “the conditions and salaries in Spain cannot be compared with those in the rest of Europe”.

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According to the report pub lished on September 20, the Spanish average is 625 nurs ing professionals per 100,000 inhabitants, while the Euro pean average is 827 per Almost100,000.half of Spain exceeds the national average, with the best performers being Navar

Acampaesport has become one of the most popu lar programmes run by the Department of Sports. It offers a seven­day multi­sport programme in which children and teenagers can take part in up to 40 activ ities taught by qualified instructors, such as rugby, hockey, gymnastics and canoeing, and new activities offered this year included mountain biking, body boarding and snorkelling.

The number of places offered increased by almost 400 this year. Participation was fairly even in terms of both age and gender: of the 1,546 children and young people who took part, 759 were boys and 788 were girls; 777 were aged between eight and 11 and 769 were aged between 12 and 17. Also, two per cent of the places were reserved for children with special needs.

THE Calvia Town Hall, through the Mu nicipal Institute of Education and Li braries (IMEB), has made an investment of €584,839 in local primary schools so that improvements can be made. The work includes refurbishing bathrooms, modernising playgrounds, painting the interior and exterior, constructing ramps, adjusting natural gas installations and repairing Furthermore,leaks.eight nursery and primary schools have received a municipal sub

THE sports camps for children and teenagers organised by the Consell de Mallorca, called Acampaesport, have been a great success this summer. A total of 1,546 young peo ple participated, 21 per cent more than in 2021. The camps were held in Colonia de Sant Pere, in Arta.

Nurses needed

sidy of €21,500 each as part of the Inclu sive Playgrounds project, which aims to adapt playgrounds to the pupils’ needs, promote the pedagogical use of the dif ferent spaces that make up a school playground and prioritise the equal use of the common areas of the play Thesegrounds.playgrounds will get features such

Children enjoy one of the Consell’s summer camps.

SPAIN’S General Council of Nursing (CGE) has warned that the country would need 95,000 more nurses in order to get rid of the current short age and reach the European average, and the Balearic Is lands is one of the au tonomous communities that lacks the most nurses.

as giant games, climbing walls, more green areas, painted playground equip ment, murals and outdoor furniture. The eight schools that have received this grant are Son Caliu, Bendinat, Cas Saboners in Magaluf, Puig de sa Ginesta in Galatzó, Jaume I in Palmanova, Son Ferrer, Xaloc in Peguera and Puig de sa Morisca.

Summer camp success

ra, the Basque Country, Melil la and Castilla and Leon. On the other hand, Murcia, Gali cia, Andalucia, the Valencian Community and the Balearic Islands are the worst perform

Improvements for Calvia

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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.

with commentators saying his work captured the essence of the century with its tragedy and innovation.

NEXT April will mark 50 years since the death of the world famous artist, Pablo Picasso. French and Spanish authori ties are gearing up to mark the occasion with an 18month long schedule of

The artist, who was born in Malaga, became well known for his abstract style of art. Pi casso spent the majority of his adult life living in France, where the other half of the commemorative project will takeFrenchplace.Minister for Culture said the event would cele brate Picasso’s ‘inventive and often radical’ style of art.

Picasso’s pioneering style shaped the art industry

FORMER president of Catalo nia, Jordi Pujol, is now in a sta ble condition after suffering a stroke last week.

Picasso exhibition

Betty Henderson

Catalan leader’s recovery

Picasso has become known as one of the most influential artists from the 20th century,

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.

The 92­year­old was in oth erwise good health but will continue receiving rehabilita tive treatment throughout the coming weeks.

events celebrating the revolu tionary artist’s work and lega cy, 50 years on.

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

A range of 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 and France.Theprogramme will launch with a sculpture exhibition be ginning in Madrid, before commemorative events take place across the two coun tries.

However, an MRI scan re vealed some residual damage to the left side of his brain.

Pujol acted as president of Catalonia between 1980 and 2003 and is famed for his strong advocation for Catalan independence.

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.

Doctor, Albert Lleó, was su pervising Pujol’s recovery and gave a statement saying that the former president would

Energy tax feud

Hospital where Pujol received care after his stroke.

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Photo credit: AJ Studio Photography: shutterstock.com

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.

Electrical devices, in cluding phones, comput ers, and TVs, were also seized.Officers say they be lieve Morrissey could have laundered up to €200 million during 2020 and 2021 through his Costa del Sol­based oper

Police from the US, Ire land, Holland and Spain were seen on nightcam footage surrounding the property before bursting in on Johnny, 62, and his wife, 47, while they slept on Monday, September 12.The raid­ which took place on their Son Sean´s 10th birthday­ was part of a series of 11 simulta neous lishedknownesterwood,Sol,arrestsKinahan­relatedontheCostadelinHolland,inHeyGreaterManchandGlasgow.Anotherman,awell­cardealerestabformorethan20

During the pandemicas they launched Nero Vodka­ Johnny and Nico la had become wellknown for their staunch support of local charities, as well as the individual help they had given to lo cals struggling during Covid.The couple´s Nero pop up events were credited with helping to revive hospitality across the Costa del Sol during Covid and Nicola was fre quently seen delivering essential supplies, includ ing food and nappies, to families in need during theThepandemic.couple were fre quently out and about together at community events with their son Sean and were regular sponsors of charity fundraisers across the Costa del Sol.

ation. He now faces the risk of being extradited to the US, where money laundering carries a sen tence of up to 40 years.

years on the Costa del Sol with a car pound in Mi jas, has also been arrest ed.Following the raid, Johnny and Nicola were marched from the prop erty in handcuffs while police searched their be longings and other prop erties, allegedly finding large amounts of cash, a machete, false­bottomed vehicles, and documents they say could be impor tant to their case.

CivilGuardiaCredit:

FAMILY BUSINESS: The Morrisseys were a big part of the community

As Johnny awaits trial there is now much specu lation about his potential sentence 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 interna tional news story as it unfolds over the coming months.

JOHNNY MORRISSEY: Has been jailed pending trial in Malaga province.

gangs.Police claim Johnny ran the operation under the name of his own Gibral tar, UK and Costa del Solbased company, Nero Vodka.Thenews of the enor mity of the allegations has sent shockwaves through the international community in Spain.

Following their arrest, Johnny and Nicola spent two nights in police cus tody before appearing at a court in Marbella to gether on Wednesday, September 14. Nicola has since been released on police bail while Johnny is being held at Alhaurin de le Torre prison pend ingAccordingtrial. to Europol, Morrissey helped run the world's largest "Hawala" laundering gang­ using encrypted codes to move large sums of money­, fa cilitating and financing the criminal activities of the Kinahans and other

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Costa cash king

JOHNNY MORRISSEY, the reported head of the no torious Kinahan clan's money laundering opera tion in Spain, has been arrested in a dawn raid at his rented El Faro apart ment alongside his wife Nicola after "washing" up to €350,000 A DAY.

SPANISH politicians from across the floor wished Queen Letizia a happy 50th birthday. The Queen and for mer journalist turned 50 on Thursday, September 15 and well­wishers were eager to send their congratulations.

happy birthday, thanking her for “her dedication, her hard work and her solidarity” as she turned 50. He praised her “dedication to service and sense of duty to the country.”

AS of Tuesday, September 20, passengers arriving in Spain by air or sea from countries outside the European Union no longer have to present the Spain Travel Health (SpTH) con trol

GO LOCAL

Theform.news was published in the Official State Gazette (BOE) on Monday, September 19, signed by Pilar Aparicio, Spain's Director General of Public Health.

No more travel forms

BUY

Legrand-COMEOShutterstock/Fredericcredit:Photo

WHEN YOU GO SHOPPING GO LOCAL!

LOCAL: By shopping locally, independent businesses can help support the local community.

Birthday greetingsQueenLetiziaofSpaincelebratedturning50.

The president, Pedro Sánchez, wished the Queen a

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The document was previously required to enter Spain . It contained information related to the traveller´s trip, person al identification, contact and location, and epidemiological data. It also displayed information from a vaccination certifi cate or diagnostic test.

Núñez Feijóo, wrote a mes sage on Twitter thanking the Queen for “her exemplary work and her commitment to Spain.”TheQueen received several celebratory messages on so cial media ahead of her big day. Messages included one from the Spanish Agency for Trade and Development who congratulated their distin guished ambassador, thank ing her for being a valued member of their team and representing Spanish trade and business development at every opportunity.

As stated by the health authorities, the move to scrap this document requirement is another step toward: "the nor malisation of international travel, with the least possible im pact on public Temperaturehealth".controls at all airports in the Spanish territo ries, and the mandatory requirement to wear a facemask on flights will remain in force for the time being, however.

The leader of the opposi tion also extended his warm wishes to the Queen. The leader of the PP, Alberto

Did you see the athletics at the Commonwealth Games, or World and European championships this summer? It was great to see British success emerging with the likes of Jake Wightman, Keely Hodgkin son and Eilish McColgan, but in terestingly, there are some aspects of what you may have seen that are directly relevant to investing.

These views are put forward for con sideration purposes only as the suitabili ty of any investment is dependent on the investment objectives, time horizon and attitude to risk of the investor. The val ue of investments can fall as well as rise, as can the income arising from them. Past performance should not be seen as an indication of future performance.

Let’s compare the performance of the decathlon gold medallist at last year’s Tokyo Olympics against the individual gold medallists in some of the individual Decathlondisciplines.champion Damian Warner ran the 100m in 10.12 sec

The multi-manager investment approach – specialists vs generalists

Specialists vs generalists – a sporting analogy

Multi-managerenvironments.investing is not de signed to attempt to win a gold medal in just one particular season. Rather, it aims to produce consistent results, season by season, over a longterm period. This approach can prove suitable for various investors with different needs. However, you should always discuss your require ments with a professional financial adviser, as your investment strategy should be targeted to meet your per sonal objectives.

You would not expect a sprinter like Usain Bolt to also specialise in pole vault or javelin; specialists tend to be just that – specialists. There are many situations in life where a spe cialist performs more efficiently and delivers better result than a generalist, and this is particularly true in invest ments.Justbecause an investment manag er is skilled at managing UK equities, for example, does not mean he will be as successful at managing US or Japanese equities. Managers also tend to specialise in a certain style of investing, and these styles move in and out of favour according to eco nomic and other factors. They pro

EWN22 - 28 September 2022 11FEATURE euroweeklynews.com

A useful way to explain the benefits of a multi-manager investment ap proach is to compare the difference in performance between a decathlon champion and the individual cham pion in each Decathletesevent.have to be skilled at 10 different disciplines – speed for sprinting, stamina for distance, strength for the field events and tech nique for events like the pole vault. But while the decathlon champion is obviously an all-round athlete per forming at an extremely high stan

Today most investors agree that holding different asset classes, regions and sectors in their portfolio spreads risk. Multi-manager funds add a third, and increasingly important, level of diversification to your portfo lio.You will benefit from a team of specialist managers, as well as diversi fication across multiple investment styles within each fund, with different managers looking after one style. So one fund could have five or more specialist managers, covering a variety of styles (growth, value, quality, risk management, market oriented etc). This complementary blending of

Multi-manager investing

duce impressive results in certain con ditions, but below average in others.

dard across 10 different disciplines, they are frequently beaten by special ists in each of the individual events.

managers and styles can reduce in vestment risk and help provide more consistent returns through different market

onds. Lamont Marcell Jacobs took just 9.80 seconds in the individual event. The results of the other disci plines tell the same story. For exam ple, Warner threw the javelin 63.44m, while the individual event gold medallist achieved 87.58m – the specialist performed better than the generalist every time.

Some investors rely on just one or two fund managers to look after their investment capital. But wouldn’t you prefer to have individual specialists managing the various areas of the market your capital is invested in?

By Cathal BlevinsPartner,Rochford,Franks

A DEBUT Northern Soul event will take Mal lorca by storm this October!

huge natural irrigation of fresh water which is constant throughout the year and fa vors the humid environ

In prehistory, the natural caves in Mallorca served as habitat and refuge. Today, they delight thousands of people with their natural beauty, which water has been sculpting over the past centuries: huge domes, ma jestic columns, pools of wa ter, and tunnels. A beautiful sight to Carrerbehold.Barranc, 45 07015 Palma, Illes Balears Tel. +34 871 508 comsescovesdegenova@gmail.764

The Mallorca Northern Soul Weekender is headed for Paguera, just outside Palma, from October 7 to 9.

SoulNorthernParty

Photo credit: https://cuevasdegenova.com/en/sites-of-interest-mallorca/

Lehnis who has lived in Mallorca for 17 years has her first solo exhibition in Port Adriano. You can visit the pop­up gallery in the for mer Restaurant Bruno – local # 15 in beautiful Port Adriano, where Lehnis shows a beautiful collection of paintings as well as some unique etchings printed in Fundación Miró in Palma de Mallor ca. Fellow artist Vicky Peréz, Born in Buenos Aires, Argentina, in 1969, trained in Fine Arts at MEEBA (Mutual of Students and Graduates of Fine Arts) in Buenos Aires between 1994 and 2000 in the disciplines of sculpture, drawing and painting. Vicky moved to Mallorca in 2003 and is now collaborat ing with Sandra at this exhibition. Since 1995 she has participated in numerous exhibitions.Ondaily 6pm – 9pm, 24/9 – 1/10, Port Adriano, Urbanización El Toro, s/n 07180

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They are located in the res idential district of Genoa, be longing to the municipality of Palma and they are formed by a set of underground dis plays of stalagmites and sta lactites composed of calcium carbonate. These galleries are joined by corridors, formed completely naturally.

The caves have a walking tour of almost a kilometer in distance and descend up to 36 metres in depth. Of enor mous natural beauty, with different mineral colours from their geological forma tion. The caves also have a

ment.Enjoy a self­guided tour of the caves, located in the resi dential neighborhood of Genova. Explore a series of underground limestone gal leries linked by naturally formed corridors where you can tour the caves at your own pace. Descend 36 me ters, and admire vast domes, majestic columns, water pools, and tunnels.

A fascinating natural legacy carved in stone, drop by drop, for centuries. A unique experience open to the pub lic, and you can take in a fas cinating audiovisual show adding to its exclusive beau ty in the surroundings of this emblematic Mallorcan place.

SandraexhibitionLehnis

SANDRA LEHNIS has extended her exhi bition in Port Adriano until October 1st and has invited artist Vicky Peréz to in clude her incredibly beautiful sculptures in the Swissexhibition.artistSandra

DURING an excavation in 1906, in search of water to make a well, a treasure was discovered just outside of Palma: The caves of Genoa.

Boasting separate daytime and evening locations, the festival will be a blast for any fans of Northern Soul music. The genre was founded emerged as an underground movement in northern England and the Midlands in the late 1960s. Based on Black American soul music, the genre found ac claim due to its eclectic influences and charismatic DJs.

The Genova Caves

NATURLA WONDER: The caves outside Palma

Event organisers have compiled an excit ing line­up featuring Stefan Taylor, The Flir tations, Lorraine Silver and John Valero and the Twisted Wheels, with more acts yet to be confirmed. Musical backing will be pro vided by the Signatures Northern Soul Band while founder of the Wigan Casino, Russ Winstanley is set to make a guest appear ance.Fans will be treated to a host of activities alongside the musical entertainment includ ing pool parties, barbecues, meet and greet opportunities and Q&A sessions. Guests can book festival tickets through the hotel venue’s website at: www.laconchasoul.com

13, Local 1, 07180 Santa

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With Julie of Puerto Rican origins, El Coquí Restaurant offers beautiful homemade Caribbean inspired fu sion food where the flavours of an elaborate cuisine are mixed with tastes from different cultures (in cluding of course american and swedish), and where everything is homemade and vegan and vegetar ianServingfriendly.dishes including chicken served over mofongo (or as one of their Swedish friends described it; banana rice), bacon based mac and cheese, grilled entrana, homemade caribbean curry, and lets not forget gluten free dishes, their food is

EWN22 - 28 September 2022 13SOCIAL SCENE euroweeklynews.com

THE story of the Coqui Restaurant and the Green Man Cervecería is a story of friendship rather than a sto ry of Livingbusiness.inthe

In 2018, after being captivated by a small property in a beautiful cor ner with a lovely stone wall and lots of greenery which became El Coqui Restaurant, the couple met There sa.

times: 4pm

together and opened the the cerve cería in 2021 while taking the sad decision of postponing the re­open ing of the Coquí until 2022. The Green Man offers over 35 beers from around the world; including local craft beers from Mallorca.

After the break to avoid the sum mer heat, The Classic Car Club are pleased to announce their first monthly rally. The rally is organised by members: Charles Nutter and He len O Pitt and will be on Sunday 25th September 2022. The starting point will be Festival Park, just outside of Palma at 10.30 for a 11.00 depar ture. Drinks are available to purchase from the shopping centre for early ar rivals.The rally ends at Golf Pollença, locat ed in the north of Mallorca, Golf Pol lença is an idyllic course where you can

enjoy golf and the views of the Serra de Tramuntana and the bays of Pollença and Alcúdia. A meal can be enjoyed at the restaurant El Gallo Rojo at Golf Pol

THE Classic Car Club is a group of en thusiasts who like to meet and go out and drive and enjoy the wonderful Mallorcan countryside with their cars. You can be a member or a guest of the club as everyone is welcome.

United States, Matt and Julie decided to make a change in their lives as a graphic designer and a secretary in a large company, attracted to the exciting world of hospitality.Duringa vacation in Oviedo, As turias, they were offered to run a restaurant, however, the pair didn´t count on the bad weather so Matt suggested Mallorca – great weather and a great place to start a business in beautiful surroundings. The rest, as they say, is history.

lensa. The chef Chris Gibson will pre pare delicious food to enjoy with a stunning view out over the sea and mountains.Therallyroute meanders along lovely roads towards Lluc and then onto Pol lença, with stunning views of mountains andTheocean.route details will be announced at the start. A fun treasure hunt style ques tion sheet will make the event even more entertaining. Or if you’d rather just enjoy the drive and the company.

25/09/22, 10.30am Festival Park Au tovía Palma­Inca, Km 7,1, salida 8, 07141 Finish, 4.00pm at Urb. Can Porquer, 30A, 07460MorePollençainfo:

Restaurant will stay open until the end of December while the green man is open all year round (except for a short break dur ing the Christmas period) in a won derful and friendly atmosphere.

restaurant. The plan was that the boys would work on the bar while the girls would manage and run the Coquí located on the same building (next to paco’s) as the only cerve cería/beer house (at that time) in SantaJustPonsa.asthe bar was about to open, Theresa´s husband sadly died – but Theresa, Julie and Matt stuck

ly­25th­september­2022/mallorca.com/events/arth­wind­fire­ralhttps://cccEarth, Wind & Fire Rally – Mallorca CAR RALLY: Will take place Photo credit: https://ccc-mallorca.com/

Matt, Julie and Theresa not only have two businesses in common but a long life of friendship and mu tual support that transpires through their businesses and the friendly and welcoming atmosphere you will feel when you enter.

Mondays Address: Carrer

Bringing 30 years of experience between cruise ships and working in restaurants around the world, Theresa is the perfect balance for the lack of experience of Matt and Julie in the business. This makes them the perfect team, and her husband from Sweden and the four of them decided to open the Green Man Cervcería while keeping the

FINE DINING: Enjoy a meal out

Coqui Restaurant Opening times: Thursday to Monday 6pm until 10pm (kitchen hours) • Address: Ramon de Moncada 13, Santa Ponsa Local #3 • Contact through WhatsApp only text messages only +34 682 34 54 02 or +34 660 824 821. • Also you can contact us throug facebook messanger, El Coquii Santa Ponsa.

amazing. They also serve beers and an alchol free selection including beer, wine and gin and a wide vari ety of wines from around the world, including a partnership with three of the best bodegas from Mallorca.TheCoquí

12am,

CoquiFeatureRestaurant and Green Man Cervecería

Green Man Cervecería

And if beer or wine isn´t really your thing, the Green Man is also a full bar featuring over a dozen gins and several premium tonics.

Opening until closed on de Ramon de Montcada, Ponsa

ParadiseLost

Thisdaughter.epicpoem talks about the tragedy of the fall of man, but also about that of Satan.

This is a story about a failed rebellion and about its consequences, a story which will determine man’s and woman’s des tiny. Playwright Helena Tornero, author of this play, claims that she wanted to offer the audi ence the possibility to feel part of the performance, letting them travel to the other’s place through Milton’s words. By doing

uals from 127 different countries, and all have a story to tell.

Costa Women was cre ated as a community for Women living in, or thinking about relocat ing to Spain. Costa Women members share an adventurous spirit; they have stepped outside of their normal environ ment and moved overseas, this pro vides a wonderful link whatever culture or country you have arrived from.

EWN 22 - 28 September 2022 euroweeklynews.com SOCIAL SCENE14

Costa Women is the place for hobbies, language and interest groups and, much more. The friends that you can make through Costa Women are just one of the many benefits of joining the community website. There is a huge diversity of individ

Calling all Ex Pat Women

Costa Women con nects Women over the whole of Spain and has local events in 38 different locations. The Mallorca group started in 2021 and has experienced many events from sharing coffee, tapas, hikes and wine tours.

John Milton was nearly sixty when he published Paradise Lost in 1667. The biographer John Aubrey (1626–1697) states that the poem was begun in about 1658 and finished in about 1663. However, parts were al most certainly written earlier, and its roots lie in Milton's earliest youth.

Costa Women is free to join and any woman can be come a member; no matter what your hobbies, values, beliefs, or views. Use the website as a springboard to find other likeminded wom en and to create a network of Morefriends.info and to https://costawomen.com/join:

Having gone blind in 1652, Milton wrote Par adise Lost entirely through dictation with the help of transcribers and friends. He also wrote the epic poem while he was often ill, suf fering from gout, and de spite suffering emotional ly after the early death of his second wife, Kather ine Woodcock, in 1658, and the death of their in fant

xxxxxxx

THE Portuguese housing market is experiencing a boom as prices are driven up by wealthy American businesspeople taking advantage of the current strong position of the dollar. Prices have been soaring throughout the Algarve, hitting record sums of up to $40 million. Average prices are up to 80 per cent higher than last August.

THE Finnish President, Sauli Niinisto, has announced that the country will be making it harder for Russians to gain visas through ownership of property. Until now, property ownership has been used to approve tourist visa applications. Finnish authorities are concerned about Russian acquisition of properties with military and strategic value.

FRANCE

DENMARK

BELGIUM

Network slicing

Rockers disbanded

THE new Swedish government is expected to comply with Turkey’s demands to allow them into the international defence bloc. The electoral success of right-wing Swedish Democrats could mean compliance with demands such as the extradition of alleged Kurdish terrorists wanted by Turkey. Sweden is the newest prospective member of NATO.

SWEDEN

Newest member

FINLAND

Property visas

PRESSEUROPEAN

IRELAND

VODAFONE has announced the introduction of ‘network slicing’ for the first time in the Netherlands. It is the first telecoms company to allow the technique. ‘Slicing’ works by allowing enterprise customers to access Vodafone’s wider mobile network in business operations. The policy has been tested in Norway and Austria.

A EUROPEAN Court order will force France to reconsider the repatriation requests of two refugee women who left the country in 2014 and 2015 to join IS in Syria and Iraq. The European Court of Human Rights said that the women are entitled to human rights protections due to their French citizenship.

A BELGIAN airline has added nearly 40 new destinations for travellers to southern Africa. The destinations are all accessible by direct flights from Air Belgium. The airline is working in partnership with South African network, Air Link which will operate Air Belgium domestic flights within South Africa and flights to neighbouring countries.

PORTUGAL

THE news of Queen Elizabeth II’s death was received by many in Ireland with sadness. Irish leader, the Taoiseach, Micháel Martin said that Irish people had a fondness for the Queen. He described her 2011 visit as a watershed moment in the history of relations between the United Kingdom and Ireland.

GERMANY

Airport reopens

PROTESTS were staged across Denmark after a body set up by the ruling Social Democrat party recommended a hijab ban in Danish schools. The group’s aim of the proposal is to prevent ‘honourrelated social control’. The report also called for Danish language classes and more comprehensive sex education in schools.

ITALY

Political crisis

UKRAINE

OFFICIALS at Lviv airport have announced that the airport will be the first to resume commercial activity. The main concern in reopening is safety, with Ukrainian ministers requesting back-up security forces including from the UN to allow the airport to reopen. Wizz Air removed a stranded aircraft from the airport this week.

EWN 22 - 28 September 2022 euroweeklynews.com EUROPEAN PRESS16

Human rights

THE Norwegian government has announced the closure of several embassies and a consulate from 2023. Embassies in Sri Lanka, Slovakia, Madagascar and Kosovo will close, to be replaced with different consular services, including homebased ambassadors. Some embassies will receive more staff in an effort to better address demand.

A SNAP election is due to take place on September 25 due to a government political crisis which saw Prime Minister, Mario Draghi, resign. Polls are predicting a win for the centre-right coalition which contains the far-right, previously fascist Brothers of Italy party. Giorgia Meloni admires Hungary’s leader, Orbán, who opposes gay rights and immigration.

Direct flights

Social control

Sad news

THE German Interior Ministry has ordered a group of male ‘rockers’ to disband due to links with organised crime and reports of violence. Police raided United Tribuns members’ addresses in an effort to ban the 1,700-strong group. Members have previously been convicted with sexual crimes, human trafficking and attempted murder.

THE NETHERLANDS

Housing boom

Embassies close

NORWAY

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.

Seized:

Debt Justice is urging governments to consider debt relief measures to

STATWEEKOF

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

Africa debt relief

FINANCE to read more FINANCE scan this QR Code

Chinese Recovery:

ZAMBIA: Is facing an economic crisis

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.

The World Bank warns about global recession

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.

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.

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.

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.

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.

euroweeklynews.com • 22 - 28 September 202218

$3 GivenCompanyBillionAway

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.

Russian Oil Giant

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 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.

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.

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.

£2.5billion

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.

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.

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.

Pound Sterling:

BUSINESSEXTRA

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

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

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.

World Bank warning shutterstock.comBlokhin:Kristicredit:Photo

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.

priceSupermarketincrease FINANCE

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.

British Chancellor:

Neurobo Pharmaceuticals

United Utilities 1.024,50 1.026,50 1.019,00 250,13K

Aveva 3.040,0 3.033,0 2.997,3 6,62K

Barclays 172,94 173,08 170,82 16,26M

Flutter Entertainment 10.490,0 10.510,0 10.300,0 56,85K

Reckitt Benckiser 6.290,0 6.363,0 6.286,4 13,03K

Merck&Co 86,75 87,43 86,20 6,75M

Centrica 80,56 81,56 80,32 2,87M

Boeing 149,78 153,45 147,28 9,73M

Cisco 43,29 43,87 43,09 17,99M

Nabriva Therapeutics

HSBC 535,40 535,60 529,50 410,31K

Home Depot 271,54 278,01 270,54 3,88M

Meggitt 798,00 798,00 798,00 0

Rightmove 595,60 600,60 592,60 464,96K

Avenue Therapeutics

Secoo Holding

Most +85.60% 112.49M +47.21% 8.17M +40.65% 4.15M

Intel 28,84 29,41 28,71 39,51M

AstraZeneca 10.400,0 10.439,1 10.174,0 16,08K

Segro 877,20 877,20 860,40 38,51K

Vodafone Group PLC 109,86 111,52 109,08 1,33M

EasyJet 350,86 355,00 347,20 325,73K

DCC 4.814,0 4.814,0 4.780,0 4,92K

Amgen 227,66 229,01 225,86 2,17M

Nike 105,50 108,14 104,83 6,57M

National Grid 1.032,00 1.036,00 1.027,42 117,28K

London Stock Exchange 7.796,0 7.808,0 7.720,0 7,84K

Aviva 442,90 443,30 438,20 1,39M

IG Acquisition

Experian 2.671,0 2.679,6 2.647,0 16,68K

Prudential 948,00 947,80 936,00 55,11K

Chevron 160,62 161,70 159,58 9,64M

Walt Disney 110,77 114,41 110,71 9,58M

Carnival 816,0 829,0 810,6 36,05K

Taylor Wimpey 108,70 109,05 106,00 3,36M

St. James’s Place 1.102,00 1.102,00 1.078,00 10,71K

Glencore 486,98 491,95 480,26 2,10M

Abrdn 146,45 146,45 142,55 287,05K

Barratt Developments 431,40 433,00 419,60 1,54M

7.19M CCOMPANYOMPANY PPRICERICE((PP)) CCHANGEHANGE((PP)) % C% CHGHG NNETET VVOLOL DOW JONES C LOSING P RICES S EPTEMBER 19

Smith & Nephew 1.061,50 1.062,50 1.048,50 612,47K

Bunzl 2.750,0 2.741,5 2.729,0 4,27K

Hikma Pharma 1.268,00 1.271,50 1.223,50 180,89K

Scottish Mortgage 833,53 836,60 826,80 530,19K

J&J 165,08 166,07 164,10 7,17M

Auto Trader Group Plc 618,00 621,20 616,00 49,38K

Goldman Sachs 331,62 335,28 327,59 1,47M

NatWest Group 274,10 275,30 271,90 4,77M

Spirax-Sarco Engineering 10.280,0 10.291,0 10.190,0 1,37K

Halma 2.001,0 2.023,0 1.987,5 271,04K

BT Group 140,50 141,10 139,50 3,65M

Shell 2.318,5 2.340,5 2.312,0 99,82K

Antofagasta 1.128,00 1.136,50 1.116,00 33,70K

UnitedHealth 522,91 527,98 514,14 3,05M

Verizon 41,03 41,27 40,71 22,69M

Ocado 650,80 653,40 632,60 452,83K

Croda Intl 6.530,0 6.540,0 6.448,0 7,82K

Lloyds Banking 48,00 48,03 47,12 26,20M

The Travelers 164,16 165,46 162,27 1,27M

Advanced Heartbeam

Melrose Industries 110,00 110,91 108,70 1,03M

Rosneft DRC 0,20 0,20 0,20 0

Walgreens Boots 34,23 35,18 33,95 10,75M

Tesco 231,50 233,20 230,00 3,85M

CRH 3.061,0 3.061,5 3.014,0 234,13K

Fresnillo 707,00 723,00 704,20 215,94K

Apple 152,37 155,24 151,38 89,74M

Standard Chartered 611,00 611,00 602,34 64,12K

7.40M Esports Entertainment

Mondi 1.463,00 1.464,50 1.440,50 26,44K

AMTD Digital

Burberry Group 1.715,0 1.725,0 1.702,5 5,55K

IAG 107,46 107,70 106,62 659,53K

McDonald’s 253,47 255,23 252,49 2,28M

Visa A 195,37 200,31 194,53 6,08M

GSK plc 1.337,93 1.341,67 1.332,23 120,49K

J Sainsbury 201,00 201,70 199,85 1,54M

BP 458,50 460,54 454,25 564,63K

IBM 125,49 127,46 124,90 5,13M

Phoenix 608,80 609,40 604,00 257,53K

Rhythm Pharma

Anglo American 2.763,5 2.774,0 2.716,0 782,32K

WPP 772,80 772,80 757,06 104,46K

ITV 64,10 64,22 62,70 2,31M

Associated British Foods 1.333,5 1.333,5 1.313,3 23,37K

Intertek 3.908,0 3.952,0 3.887,0 51,82K

3I Group 1.127,50 1.129,00 1.112,50 329,95K

Smiths Group 1.522,00 1.523,50 1.503,00 141,16K

Hargreaves Lansdown 855,60 856,60 838,20 26,44K

Microsoft 245,38 251,40 244,02 31,31M

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%

Persimmon 1.450,0 1.456,0 1.429,0 1,07M

Berkeley 3.630,0 3.636,1 3.551,2 5,41K

Whitbread 2.639,0 2.671,0 2.623,0 121,85K

BHP Group Ltd 2.216,50 2.225,50 2.199,50 305,93K

Procter&Gamble 137,44 138,89 136,64 5,31M

DS Smith 271,40 272,40 265,90 1,55M

Coca Cola HBC AG 1.940,0 1.937,5 1.921,2 12,92K

Ashtead Group 4.306,0 4.308,0 4.245,0 228,27K

Samsung Electronics DRC 1.006,50 1.007,00 1.002,50 3,40K

British Land Company 405,00 405,00 394,80 73,91K

Admiral Group 2.261,0 2.271,0 2.211,0 326,91K

Caterpillar 182,49 186,54 181,68 1,92M

Next 5.792,0 5.814,8 5.734,0 13,72K

Norilskiy Nikel ADR 9,10 9,10 9,10 0

Coca-Cola 59,53 60,40 59,36 11,22M

Diageo 3.768,5 3.768,5 3.721,1 20,22K

Data Action Technologies

BAE Systems 771,00 773,80 765,00 152,42K

Getty Images Holdings

Dow 46,91 47,76 46,69 6,52M

Relx 2.245,00 2.248,74 2.224,54 12,52K

Schroders 2.576,0 2.610,0 2.560,0 60,70K

Rentokil 518,80 520,40 515,40 1,00M

Severn Trent 2.629,0 2.640,0 2.620,0 87,87K

Compass 1.917,50 1.922,50 1.901,00 801,29K

Ferguson 9.876,0 9.882,0 9.768,0 3,48K

Johnson Matthey 1.968,0 1.970,9 1.948,0 0,61K

3M 116,42 118,74 3,61M

Sage 716,20 718,00 710,80 789,19K

Unilever 3.970,0 3.990,5 3.956,0 29,07K

SSE 1.749,00 1.750,78 1.721,18 43,21K

British American Tobacco 3.457,5 3.472,5 3.416,5 603,11K

Salesforce Inc 154,78 159,84 154,31 6,93M

Rio Tinto PLC 4.709,5 4.720,5 4.655,5 48,71K

Legal & General 262,00 262,30 258,10 2,43M

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

Omeros

American Express 156,13 158,79 155,90 2,37M

Rolls-Royce Holdings 76,04 76,06 74,89 2,83M

Honeywell 176,86 179,99 176,20 3,40M

Land Securities 597,40 598,80 587,96 101,50K

JPMorgan 117,87 119,38 115,75 10,72M

Tui 137,85 138,95 134,75 1,36M

B&M European Value Retail 340,00 342,60 336,00 788,21K

Walmart 133,47 135,15 132,97 6,71M

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/mallorca • Tel: +34 687 906 226 EWN 22 - 28 September 2022 euroweeklynews.com FINANCE, BUSINESS & LEGAL20

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.

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 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

On Monday, September 19, the German stock mar ket index, DAX 30 lost al most 1 per cent during trad ing hours. The exchange

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

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."

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.

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.

BUSINESSEXTRA

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?

Family/WebsiteRoyalImage:

Keeping gas affordable

PLT Energia

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.

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.

UK’s tourism royalties

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.

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

"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.

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.”

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.

In reality, they say, the Royal Household is committed to ensur

THE MONARCHY: HOW MUCH DOES IT COST

TSB Bank

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."

shutterstock.comPhoto:Savvapanfcredit:Photo

Bye BEUC

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

Striptease

EWN 22 - 28 September 2022 www.euroweeklynews.com FINANCE22

German Economy

“But if we continue to take prudent decisions – and we will – then we’re not going to default. Absolutely not.”

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.

He added that he was still awaiting recommendations from a group of experts.

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.

426,000 tickets between April 2021 and March 2022.

Pakistan will 'absolutely not' default on debt

RECESSION LOOMS FOR GERMAN ECONOMY.

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.

Casillas XTB

Let’s hope this false, misdirected po litical marketing becomes so obvious that something is done about it.

EWN22 - 28 September 2022 23FEATURE euroweeklynews.com

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.

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.

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.

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.

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!

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.

Keep the faith Love leapylee2002@gmail.comLeapy

LeapyLee’sopinionsarehisownandarenotnecessarilyrepresentativeofthoseofthepublishers,advertisersorsponsors.OTHERSTHINKITLEAPYLEESAYSITAspiritualisticlifeFormorefromourcolumnistspleasescanthisQRCode

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.’ 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

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.

petrified (I was after all only

simple common sense.

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in florestry, affirming what she al ready knew ­ her world is flowers. Maria got her title as an interna tional florist and immediately, due to her talent, she was hired. After two years, she decided to fly alone opening EnSpiral in the beautiful Portals Nous, Mallorca.

Howev er, they have decided to hold the prices down on all the models adver tised in their 2021­2022 catalogue. This price freeze will continue throughout September and October, allowing cus tomers, both new and existing, to pur chase at last year’s prices.

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EnSpiral also deliver flowers all over the island of Mallorca for your event, wedding, special oc casions or just to brighten your living spaces.

EWN 22 - 28 September 2022 euroweeklynews.com FEATURE24

Maria arrived in Mallorca with out a job and, after speaking with a job consultant, she took a course

tive convector heat ing that would grace any style of living space. Whether you are looking for a heater to simply turn on and off manually, or prefer a heater that can be controlled via either Bluetooth or Wi­FI from an App on your phone, Neater Heater has the model for you. They are also pleased to announce a new range of Neo ‘Compact’ WI­FI heaters that take up less wall space, but have the same heat output, than the standard Neo models.

Thanks to her talent, passion and creativity, Maria not only serves direct and private clients but she also has a large number of wedding planners, hotels, and members of the government who

FROM a very young age, Maria Je sus showed a special affection for flowers, plants, forests and nature in general, inspiring her to make a living out of her passion by open ing EnSpiral. At EnSpiral, colour, fragrance, fresh flowers and crafts manship come together so that your house, event, workplace or special occasion are filled with the sights and smells of the Mediter ranean.Maria bought her first plant at just six years old using her pocket money ­ this is when she realised her love and passion for flowers and fauna. Going on to study in dustrial engineering, this wasn’t where Maria’s love lied and she gradually began making her pas sion into her profession.

come to her store, creat ing masterpieces in flo restry for events, homes and high­profile cus tomers.Maria’s secret is her ex perience, her amazing prod ucts and knowing how to adapt the budget to each client, always understanding their needs and always offer ing solutions using innovation and creative ideas.

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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.

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.

WORST PENSIONERSSTATE

Prejudiced

election.Whilesome

Letters should be emailed to yoursay@euroweeklynews.com or make your comments on our website: euroweeklynews.com

ed with the politically bi ased article by David War boys titled "The Sad legacy for the Uk".

David Hamilton

YOUR PAPER - YOUR VOICE - YOUR OPINION

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.

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.

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.

Michael Hill

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.

RUSSIAN REFERENDUM OUR VIEW

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.

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"………

If you do not endorse the article then why print it?

Feeling humble

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.

OVER many years we have enjoyed and appreciated the provision of your pa Sadlyper. we were disappoint

Steve Webb

EWN22 - 28 September 2022 25LETTERS euroweeklynews.com EUROWEEKLYNEWS.COM

HOW sad is the sudden death of our Queen.

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

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ROBOT dogs are designed to be used for military missions, although they are not too far away from being put to use as guide dogs for blind peo ple.

The robot dog created by Spain’s Bumerania Robotics has 14 built­in cameras and is capable of climbing stairs.

Robot dogs

Software and artificial intelli gence can be changed so that the dog can be adapted to whatever mission it is put to.

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The guide dog project is be ing developed in partnership with the University of Alicante (UA). They have now devel oped a system so that the cameras are able to read the visual signals of traffic lights identifying if they are red, am ber or green. It also identifies

pedestrian crossings and oth er road signs, as well as a car approaching at high speed. “A blind person can indicate an address and the robot dog will take you to the site safely,” ex plained the owner of Bumera nia

“ItRobotics.evenincorporates a dog lead as if it were a real dog,” he added. It has been said that Robot Dogs and Pets repre sent the future of companion robots. As you can adopt a robot dog or pet and enjoy the benefits of a pet, without any of the anhelpety,canhavingStudiesinconveniences.haveshownthatroboticorlifelikepetsreducesymptomsofanxistress,sadness,reallytoprovidecompanionship

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White, which affects how the heart beats. It can speed up the heart rate and cause seizures

A MEMBER of Russia’s State Duma has backed demands from the country’s football federation for UEFA to punish Ukraine’s national team coach Oleksandr Petrakov.

SPORT to read more SPORT scan this QR Code

“He was not accepted into the army due to his lack of military experience, but his step is a testa ment to his devotion to the country and patriotism.

According to a celebrity news outlet, David was: "surfing when he apparently suffered some kind of epileptic seizure and drowned. The death is still under investiga tion".Posting on his Insta gram profile, Kelly Slater, the calledaacrosshadmunitylenceswaslimitsConstantlysurfer/skatersmostDavidcanrecord­breakinglegendaryAmerisurferdescribedas"oneofthetalentedonEarth.pushingtheeverytimeheonhisfeet.CondotothehugecomoffriendsKalanicoasttocoastandtheglobe".DavidapparentlyhadmedicalconditionWolff­Parkinson­

Death of pro surfer

shutterstock.com/William.VaccaroCredit:

A spokesman for the Ukrainian Association of Football said: “When his country was attacked by invading inhumans, [Petrakov] was ready to defend his land, his women and children.

ists.They are said to have also targeted Pogba while he was playing in Manchester before his move back to Juventus.

Image of a surfer.

Protection for footballer

“What kind of discrimination can we talk about in relation to a nation that deliberately commits genocide against another nation?” Neither the Ukrainian team nor the Russian team will be in volved in the World Championships in Qatar.

Svetlana Zhurova, a member of the Russian State Duma, back calls from the Football Union of Russia [FUR] calling for UEFA to suspend Ukraine’s national team coach from football for discrimi nation against Russians and failure to remain politically neutral.

or even paralysis in some cases. He previ ously suffered a seizure back in 2016 while skat ing in Oceanside Cali fornia.In2012 the young athlete became the Ju nior World Surfing champion, and went on to also compete in skat ing competitions and events.

The former Manchester United player had previously al legedly been subjected to threats and blackmail attempts from an ‘organised gang' which included childhood friends. Pogba reported this to the Italian police, and earli er this month the Paris prosecutor's office opened a judi cial probe into his allegations.

EWN22 - 28 September 2022 31SPORT euroweeklynews.com

Ukraine Football Coach

KAHANI DAVID, a 24year­old professional surfing champion from Hawaii reportedly died while practising his sport in the sea off the coast of Costa Rica.

Juventus and France midfielder Paul Pogba is reportedly under police protection in the Italian city of Turin on Tues day, September 20. According to a French publication, a member of his entourage confirmed the situation to them.

It was claimed that the gang were allegedly armed with MI6 assault rifles and demanded he paid them €13m (£11.3m) for 'protection'. According to judicial sources of Reuters, the 2018 World Cup winner is thought to have al ready handed over €100,000 (£85,000) to the extortion

New manager

with maximum points. A wonderful victory for Los Blancos was sadly marred by alleged racial incidents involv ing Vinicius Jr. It is believed that Atletico fans indulged in racial chants outside the stadi

"To my tennis family and beyond,

um before the match. Objects were then allegedly thrown at the young Brazilian after Real Madrid scored with racial songs also being aimed at the player towards the end of the game.

Top of LaLiga

EWN 22 - 28 September 2022 euroweeklynews.com SPORT32 SPORT to read more SPORT scan this QR Code

body's capacities and lim its, and its message to me lately has been clear. I am 41 years old. I have played more than 1500 matches over 24 "Tennisyears."has treated me more generously than I ev er would have dreamt, and now I must recogniae when it is time to end my competitive career…."

TENNIS legend Roger Federer took to Twitter on Thursday, September 15, to announce his retire ment from competitive tennis.Hewrote

Hodel/Shutterstock.comStevenCredit:

Roger Federer retires

As many of you know, the past three years have pre sented me with challenges in the form of injuries and

REAL MADRID made the short journey across the Span ish capital city on Sunday, September 18, to face Atletico in the Wanda Metropolitano Stadium. A brilliant 2­1 victory means Carlo Ancelotti's men now have six wins out of six so far this season and remain two points clear of Barcelona at the top of LaLiga Santander

"Of all the gifts that ten nis has given me over the years, the greatest, with out a doubt, has been the people I've met along the way: my friends, my com petitors, and most of all the fans who give the sport its life. "

Roger finished his an nouncement saying "Final ly, to the game of tennis: I love you and will never leave you."

Roberto de Zerbi: New Brighton manager

Twitter@OfficialBHAFCCredit:

surgeries. I've worked hard to return to full com petitive form."

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.

"But I also know my

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.

ROGER FEDERER: HAS ANNOUNCED HIS RETIREMENT

"Today, I want to share some news with all of you.

Brighton were recently left managerless after Graham Potter took the vacant job at Premier League rivals, Chelsea, follow ing Thomas Tuchel's sacking.