Axarquia 6 - 12 October 2022 Issue 1944

Page 1

PET PETITION

A NERJA animal charity is heading to the town hall to petition them to find land for their new shelter.

A meeting is to be held between the APAA dog charity and the local coun cil today Thursday, Octo ber 6 at 5pm.

APAA will be asking for an improved local castra tion neutering programme for cats as well as urging them to assist in their hunt to find local land suitable for building a rescue cen tre large enough to look after the hundreds of ani mals the charity cares for a year.

The charity’s treasurer, Sue Kiff, told the Euro Weekly News the charity has support from the wider public. She said: “We will have several rep resentatives of APAA at the meeting and Kitty Zil liger will be speaking for us as well as members of the public.

“Judy Rust, a local resi dent, is also very interest

School

ed in asking the town hall for help for our local strays and abused dogs and cats.”

She added: “Although we are opening our second shop in Nerja within the next couple of weeks it still nowhere near covers our expenses.

“We desperately need a refuge here locally in Nerja which APAA will run as successfully as we did be fore we were told to quit the land we were on four years ago.”

The charity has been fundraising for the past year and the money raised, including an ex traordinary €200,000 from one generous anonymous donor, means they are now able to begin building their new refuge.

Problems finding a suit able piece of land which is far enough away from oth er properties have delayed their plans however and they now plan to ask the council for help.

Campaign

THE Red Cross in VelezMalaga has delivered backpacks to 259 children in the Axarquia region as part of the 2022/2023 School Materials Cam paign.

This year, supplies have increased by 32 per cent due to an increase in work in disadvantaged ar eas of Velez and Torre del Mar, along with the care of children arriving from Ukraine who were forced to leave their country due to the war.

This year 259 children

from all over the region, aged between three and 18 years old, have re ceived backpacks with their corresponding school supplies. Of the total ma terial delivered, 135 are boys and 124 are girls.

Breast Cancer Day

THE Department of Social Welfare of the Rincon de la Victoria Town Hall together with the Spanish As sociation Against Cancer (AECC) has organised a se ries of activities to celebrate International Breast Cancer Day under the slogan ‘Pink is more than just a colour’.

Informative activities will be held on Wednesday, October 19, with street tables aimed at raising awareness and promoting access to screening, diag nosis and effective treatment for the population.

On Sunday, October 23, a solidarity walk will take place and on Wednesday, October 26, and Saturday, October 29, there will be a workshop on how to deal with uncertainty in the face of cancer. There will also be physical and meditation activities on the beach.

The councillor for the area, Elena Aguilar, ex plained that these are “actions that aim to promote the early diagnosis of breast cancer, as well as to in crease the access of the female population to con trols and timely treatment of this disease.”

For more information on the activities taking place go to https://www.rincondelavictoria.es/

AXARQUIA - COSTA TROPICAL • EUROWEEKLYNEWS.COM FREE • GRATISIssue No. 1944 6 - 12 October 2022
International Breast Cancer Day
Materials
SCHOOL SUPPLIES: Backpacks have been delivered. THE BEST FINANCE NEWS ON PAGES 12 ­ 16
Image: Rincon del Victoria Town Hall
ANIMAL CHARITY: Is looking for a suitable piece of land. Image: Monkey Business Images/Shutterstock.com Image: APAA animal charity/Facebook

GISELA, a four-year-old Golden retriever who was taken from a kennel, and sixyear-old Piruleta who was rescued from the street, are the protagonists of the pro gramme for therapy dogs in the local Axarquia hospital.

Every Monday the dogs make visits to hospitals in

Doggy therapists

Malaga, including the Axar quia hospital, with Macarena Martin and Candela Martínez, the two occupa tional therapists who take care of Gisela and Piruleta.

The technical director of the Malaga branch of the

doggy therapist programme, Macarena Martin, said: “For the children, it is a great mo tivation to meet the dogs be cause it completely changes the idea of them coming to a hospital. They relax a lot and it’s really therapeutic for them.”

Mountain Bike Rally

LA CALETA DE VELEZ is to host the second Mountain Bike Rally on Sunday, Octo ber 9, from 09.30am with ral ly tests, and then from 12.30pm with the rally school.

The deputy mayor of Torre

National award

VELEZ-MALAGA is to re ceive a national award for Best Practice in Home Care on Friday, October 7.

Malaga is also among the winners along with 16 other local councils who are to be given special recognition for their progress and innova tion in home care for the most vulnerable people.

In addition to Valladolid and Salamanca, the award‐winning local councils are those of Logrono, Valencia, Tomelloso, Mollet del Valles, Madrid, Getafe, San Fernando de Henares, Alcor con, Velez, Malaga, Ca

latayud, Vitoria and Barcelona. They are joined by the provincial councils of Granada and Huelva, the Consell de Mallorca and the Cabildo de Lanzarote.

The official ceremony will take place within the frame work of the National Congress on Home Care, where the Association of Di rectors and Managers of So cial Services will present a new model of home help: ‘I choose my Home, 15 ideas and 41 proposals’.

It will be held at the La Serna Cultural Centre in Fuenlabrada (Madrid).

del Mar, Jesus Perez Atencia, confirmed that “the second Mountain Bike Rally is sched uled for Sunday, 9 October, in the area of Cortijo Casa Baviera.

“The importance of sport ing events is the element of economic revitalisation, leisure and health and that is why this government team will continue to support this type of activity.”

The deputy mayor of Cale ta de Velez, David Segura,

confirmed that “this event will continue to put the town of La Caleta on the map and it will do so in terms of sport.

“In addition,” he added: “I would like to remind you that this weekend Caleta is going to have two very im portant events: firstly, the ‘Mangolf’ tournament on Saturday, which is not only about sport, but also gas tronomy, and secondly, the second Mountain Bike Ral

EWN 6 - 12 October 2022 euroweeklynews.com NEWS2
La Caleta de Velez hosts the second Mountain Bike Rally. Image: Velez-Malaga Town Hall

Amazing athletes

ON Sunday October 2 ath letes Mohammed Koula and Nazha Machrouch won the 65th City Race in Nerja. The runners from Virgen de Belen and from the Club Macarena were the quickest to run the 10 kilometres. Likewise, Jose Manuel Bermudez and Noe mi Cabezas were victorious in the five­kilometre city race.

Navarro’s challenges

FROM the generational re placement of veteran mayors to the enigma of Cassa. Amongst other things, Patricia Navarro has to leave her mark on the leadership, maintain the high standards left by her predecessor Bendodo, and draw up the lists of municipal parties and continue to widen their outreach as part of being the new president of the PP of Malaga.

Christmas cards

THE ‘Cipriano Maldonado’ School Painting Competition Torre del Mar is now open for children aged up to 12 years old. A special prize will be awarded to the winning drawing, which will be used to illustrate the Christmas greet ings card of the Mayor’s Of fice. The winner will be an nounced in December.

Covid vaccine

ALMUÑECAR is now offering Covid­19 booster injections and flu injections to people aged 80 and over. Appoint ments can be made at the town health centre and the health centre in La Herradura.

Motril’s interns

THE Motril City Council con tinues to develop the EPES Internship Programme, sub sidised by the Ministry of Em ployment, Business and SelfEmployment of the Junta de Andalucia, which is becoming a very useful resource for im proving employability and in corporation into the job mar ket of its participants. So far 39 internships have been launched in different compa nies in Motril.

Mortgage help

NERJA City Council has allo cated €156,000 in municipal aid for the payment of the rent or mortgage for 56 needy Nerja and Marena families.

The mayor of Nerja, Jose Alberto Armijo, confirmed that: “Municipal aid that has helped many needy families in Nerja and Maro during the difficult time derived from the pandemic and it will have continuity until the economic situation is resolved.”

The councillor for Social Services, Daniel Rivas, point ed out that the beneficiary families will receive €3,000 distributed over 10 months

Manu

maining 25 per cent, once justified.

Daniel confirmed that a re port of the list of beneficia ries is available on the Virtual Board of the Municipal Elec tronic Headquarters.

Autumn activities

at a rate of €300.

Seventy­five per cent of the grants awarded will be paid in advance, completing their payment with the re

Red Cross warning

THE Red Cross has warned of the signifi cant growth in the social exclusion rate in Velez­Malaga.

Every day very positive news is pub lished about Malaga. The increase in tourists, the opening of hotels, technolo gy companies and the growth of the GDP reflect the positive side of the Costa del Sol.

On the negative side, the increase in poverty stands out, according to the lat est reports and studies published by the Urban Environment Observatory and the Red Cross.

The study states that 23 per cent of

Some

Malaga’s resident population lives in poverty. The figure for child precarious ness stands at 40 per cent. Town coun cils, companies and institutions are tak ing measures to alleviate the situation.

Breast Cancer Awareness

A SUBJECT close to many people’s hearts, October is Breast Cancer Awareness Month. Founded in 1985, the international health community marks the month of October with campaigns, charity fundrais ers and educational events to raise global aware ness of breast cancer and seek a cure for the dis ease.

Raising awareness is particularly important postpandemic due to many people missing routine healthcare appointments.

Campaigns are organised throughout the month with the goal of improving early breast cancer de tection, such as educational initiatives encouraging regular check­ups and breast examinations. Breast cancer groups also fundraise for their support pro grammes which include financial, emotional and practical support through treatment and afterwards for sufferers and their families, as well as raising money for research into the disease and for a cure. Organisations also raise awareness about breast cancer in men.

A variety of events are held throughout the month internationally including in­person and virtu al challenges, charity walks and runs, bake sales and talks with oncologists and survivors.

This aid is included in the Municipal Shock Plan in the face of the pandemic, ap proved by the Popular Party, Citizens, United We Can and Vox, with the abstention of the PSOE and the non­at tached councillor.

Flamenco contest returns to Nerja

THE ‘Young Values of Flamenco’ con test returns to the Plaza del Olvido in Nerja on Friday, October 7, at 9.00pm.

The event, organised by Nerja Coun cil and the Open Window Association, has the collaboration of the Ministry of Culture and Historical Heritage of the Andalucian Government.

The Department of Popular Tradi tions has invited all of Nerja’s neigh bours and visitors to attend the Plaza del Olvido on Friday to enjoy the pop ular flamenco contest.

Spanish Cinema Day

NERJA celebrates Spanish Cin ema Day with the screening of ‘Songs for After a War’.

The film is a documentary by Basilio Martín Patino from 1971, which could not be re leased until 1976 and which has recently been restored by the Spanish Film Archive.

The projection can be at tended with free admission until full capacity and will be shown at the Villa de Nerja Cul tural Centre on Thursday, Oc tober 6, at 8.00pm.

The councillor for Culture, Gema Laguna, confirmed that: “Spanish Film Day is a celebra tion in which the role of film makers and their influence and importance in the cultural and social life of our country are recognised, as well as the her itage value of our cinema.”

The Institute of Audiovisual Sciences and Arts (ICAA), of the Ministry of Culture and Sports, is to make October 6 official in Nerja’s cultural calendar.

LUX MUNDI Ecumenical Centre, Torre del Mar, are continuing their regu lar activities throughout October. These include Spanish language prac tice groups (although the numbers are limited per group) so get your place early. The craft group meet every Wednesday so if you have a hobby that you can take along and share, Crochet, Knit ting, Macrame, or Scrap booking, please feel free to join in. Refreshments are available from the kitchen and donations to wards opening costs will be gratefully received.

We hope to see you there. The shop will be open on Wednesday and Fridays from 11.00 to 13.00. Donations in good conditions are always welcome.

On Saturday October 22 there is an excursion to see Carousel at the Sa lon Varietes Fuengirola. On arrival there will be time to have a meal or re freshments, before the theatre performance starting at 19.30. Return ing at 22.30 approx. Only 30 tickets available at the Centre. Price €35 and with Friends card €33. Departure times: Algar robo (Lidl) 15.30, Caleta (Vets) 15.35, Torre del Mar (Bus Station) 15.45.

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MUNICIPAL AID: To help with payment of mortgages.
Image:
Reyes/Shutterstock.com
residents live in poverty. Image: rospoint/Shutterstock.com

NERJA’S 65th anniversary

Fair Race brought together more than 1,000 athletes on Sunday, October 2.

The councillor for

Sports, Daniel Rivas, cele brated the traditional and popular sporting event in Nerja, which has been held since 1957 and reaches its

65th anniversary.

Daniel confirmed: “It is a satisfaction to see so many athletes competing in this special edition. We should feel very proud of our Race at the Nerja Fair which is al so being held for a good cause by supporting the

Nerja’s fair race

Josep Carreras Foundation.

“The Foundation against leukaemia continues to car ry out great work in support

of the sick and their families and in research.”

The councillor added: “My congratulations to the

department of Sports and the Nerja Athletics Club for this new success in the or ganisation.”

Rugby field complete

THE extension and improvement work at the Manuel Becerra rugby field in Rincon de la Victoria has now been completed.

The work consisted of remod elling and extending the artificial turf on the side strips outside the pitch by one metre and adapting the rainwater collection grille and the irrigation system.

Also involved was the de‐com pacting and re‐filling of the elastic material. In addition, a new roof will soon be installed on the stands.

The total investment amounts to

Rugby field has been remodelled.

€38,416.53.

Image: Rincon de la Victoria Town Hall

this initiative “we are adapting the sports facilities to the current regu lations for the approval of the field by the Spanish Rugby Federation to be able to play Division of Honour matches.”

The councillor for Sports, Antonio Jose Martin, explained that with

The mayor of Rincon de la Victo ria, Francisco Salado, highlighted the importance of the work “which places us at the forefront of compe tition with unique rugby facilities that will attract even more interest from National League teams and in ternational clubs to carry out their seasonal training.”

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World Mental Health Day

VELEZ‐MALAGA presents its programme of activities in recognition of World Mental Health Day.

World Mental Health Day is celebrated on October 10, and is based this year on the work of humanisation in relation to issues such as stigma, prevention and promotion of mental health. World Mental Health Day’s slogan in Axarquia will read: ‘The thread that unites us’.

Velez‐ Malaga Town Hall has confirmed that World Mental Health commemorates, above all, the normalised social integration of

Art Route

THE Frigiliana Art Route starts on Friday, October 7, and runs until Sunday, October 9.

The Art Route is in its sixth year and will have artists displaying their work in 24 venues around the village which will be open daily from 11.00am until 2.00pm then from 4.00pm until 8.00pm.

This year there are 48 artists represent ing 12 different nationalities, exhibiting a range of disciplines from painting, draw ing and photography to sculpture, textiles, engraving and ceramics.

For more information email: rutadelarte frigiliana@gmail.com.

people with some kind of mental disorder.

Councillor for Social Rights and Equality, Víctor Gonzalez, explained that “it is neces sary to vindicate with initiatives like this, the fundamental rights of people with mental health problems.

“Mental health is an illness that anyone can suffer throughout their life and it is very important for people to be informed and aware,” he added.

For more information about the activities planned go to: https://www.velezmalaga.es

Nerja Fair

IN all its splendour the Nerja Fair is to return from October Saturday 8 until Wednesday, October 12, after taking a break due to the coronavirus.

Nerja’s mayor, Francisco Arce, is celebrat ing that “after two years of the pandemic we will finally be able to experience a 100 per cent Nerja Fair.

“We hope and wish that our neighbours and visitors enjoy our patron saint festivities intensely, but also responsibly,” he added.

The extensive programme can be found at: https://www.nerja.es.

Booted eagle release

ALMUÑECAR participated in the release of a booted eagle in the Cerro Gordo Natural Park.

The Cerro Gordo Natural Park, near the beach of Cantarrijan, in the munici pality of Sexitano, was the setting chosen by the Terri torial Delegation of Sus tainability, Environment and Blue Economy of the Junta de Andalucía, for the release into the wild of a booted eagle.

The booted eagle had spent time recovering at the Centre for the Recovery of Threatened Species (CREA) in Granada.

During the release, the territorial delegate high lighted the important role played by the Threatened Species Recovery Centres (CREAs) of Andalucia, “whose ultimate goal is the recovery of different species of wild animals cat alogued as threatened or vulnerable and their return to the natural environ ment.”

One of the best ever

THE best fair of Torrox culminated with the Plaza de la Con stitucion packed to the rhythm of pop star Paco Candela.

“One of the best fairs in the history of Torrox,” is how the mayor, Oscar Medina, described the festive days which, after two years of the pandemic, have been experienced in all their splendour by locals and visitors alike.

Proof of this was that the partying continued into Monday, October 3. At 1.30am the Plaza de la Constitucion was still full to the brim. The spectacle was something that the Torrox mayor confirmed he had never seen before.

On Sunday, October 2, the day was dedicated to the pa tron saints, San Roque and the Virgen de las Nieves. From dusk onwards, the historic centre was decorated with gar lands and lights.

Sunday was the culmination of five days of the fair.

EWN6 - 12 October 2022 5NEWS euroweeklynews.com
THREATENED SPECIES: The eagle was released into the wild. Image:
Almunecar

Benajarafe’s celebrations

BENAJARAFE is to hon our the Virgen del Rosario from Friday, October 7, until Sunday, October 9.

In honour of the Virgen del Rosario, celebrations will be held on the es

planade of the Ermita de Benajarafe Alto and will begin on Friday, October 7, with a vigil including the participation of sev eral choirs.

On Saturday, October

8, at 4.30pm, the Virgen del Rosario will be trans ferred from the Ermita de Benajarafe Alto to the parish church followed by mass and a floral of fering.

On Sunday, October 9, at 10.00am, a mass will be celebrated and then the ‘rociero’ route will begin. The route will be accompanied by the ‘La Tinaja’ choir from Bena jarafe to the esplanade of the Ermita de Bena jarafe Alto, where cele brations will take place.

The day will include the election of Miss Romera and Mister Romero and several dif ferent musical perfor mances.

At 3.00pm participants will be able to enjoy paella at a symbolic price of €1 and, to end pro ceedings, at 7.00pm there will be the running of the bulls of Our Lady of the Rosary in her Her mitage with fireworks.

‘Oktoberfest’ surprises

THE mayor of Velez‐Malaga, Antonio Moreno Ferrer, has said to expect some surprises with the return of ‘Oktoberfest’ to Torre del Mar.

The festival will take place on Saturday, Octo ber 8, and Sunday, October 9, from midday un til 9.00pm.

The event will feature live performances, typical gastronomy and many surprises.

The mayor confirmed that “as every year, we have to thank the participation and collabo ration of all the catering establishments in the Avenida Tore Tore.

“As always, there will be music, good atmo sphere, typical gastronomy and decoration throughout the area.”

The mayor added: “In terms of perfor mances, we will have live music, dances and shows.

“This beer festival once again serves to boost the local economy and the area of Avenida Tore Tore, which takes into account the desire and willingness of its entrepreneurs to hold an event of this type.”

The mayor confirmed: “This is an initiative that has a very positive impact on our shop keepers and entrepreneurs.”

Paco steps in to help

THE artist, Paco Candela, was the very much appreciated saviour of the Torrox Fair on Sunday, October 2.

The last‐minute indisposition of sever al of the members of the group Ecos del Rocio, which forced the temporary sus pension of their tour, meant they could not perform at the Torrox Fair.

Paco Candela, the artist from Marina del Aljarafe, stepped in at the last

minute and took charge of closing up the ceremony in what was described as Tor rox’s best fair to date.

Paco is a performer with a prodigious voice, framed in the musical style of Fla menco; he marks the difference be tween singing Fandangos, Tangos, Pe teneras, Sevillanas, Rumbas, etc.

With several albums under his belt, Paco is admired in the musical world.

OKTOBERFEST: Has a positive impact. Image: Pixel-Shot/Shutterstock.com
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New wealth tax

ON Thursday September 29, new measures were an nounced by the PSOE left‐wing coalition government to tax wealth in excess of €3 mil lion.

The country’s Finance Min ister, María Jesús Montero, announced the measure as a “movement of solidarity” during the economic crisis. The tax is a temporary mea sure to combat rocketing en

MULTIPLE warnings from British expats in Spain sug gest that Sabadell has al legedly put up its banking prices.

“After promising not to charge for using their bank if your pension insurance and savings are paid into your account, this is what Sabadell have decided to do to their loyal cus tomers,” one of the Span ish bank’s British expats told Euro Weekly News.

Upon sharing a copy of a

ergy bills and inflation.

The tax will affect around 21,000 Spanish taxpayers. The measure will tax in incre ments, starting at 1.7 per cent for people with €3‐5 million, 2.1 per cent for those with €5‐10 million and 3.5 per cent for individuals with more than €10 million.

Income tax is also likely to rise from 26 to 27 per cent for those earning more than

€200,000.

The agreed package of eco nomic measures will raise €3.1 billion during the next two years. Montero de scribed the measures as aim ing to make the economy “more progressive, efficient and fair.”

Opposing regional govern ments with devolved power are likely to introduce mea sures including tax relief.

Bank warning

letter he received from the bank, Geoffrey S said: “Along with rising food prices and petrol costs, Sabadell has decided to im part more costs on their customers.”

He added: “Unbeliev able. I have tried to discuss this with the bank but have been passed from pillar to post or ignored.”

The letter shows that in order for the commission to be 0 euros, customers need to meet four require ments, including having taken out three free or combined insurance poli cies.

However, it appears that if customers do not meet these needs, then prices do in fact go up.

EWN6 - 12 October 2022 7NEWS euroweeklynews.com

Eye ‘donation’

AN image of Spanish actor Javier Bardem’s eye is set to raise thousands for a sight‐saving charity.

A striking image is being auctioned as an digital non‐fungible token on September 29 for a charity that deals with treatable blindness in developing countries. Bids can be entered until Oc tober 6 and the money raised from the sale will fund the chari ty’s work and raise awareness about treatable blindness. The NGO Ojos del Mundo was founded in Barcelona in 2001 and has since restored the sight of thousands across the globe.

The charity has worked to restore 37,000 people’s sight in African countries including Mali, Mozambique and Algeria and in South American countries like Bolivia. Ojos del Mundo also trains staff on the ground, to continue its work in its absence. Javier Bardem is an internationally‐acclaimed actor, having starred in huge movies including as a Bond villain in Skyfall.

Speaking about the decision to sell the portrait, Bardem high lighted the value of our senses saying “Being able to see, to hear, to touch, to feel: these are things that we don’t really ap preciate until we lose them.”

Spain’s oldest man

ANTONIO ALVARADO

LARGO, officially Spain’s oldest man, has died in a nursing home in Vegaque mada, Leon, at the grand age of 110. He had been a resident of the home for several years.

Earlier this year, on Jan uary 18, Antonio officially gained the title of the old est man in Spain after the death of Saturnino de la Fuente, also from Leon, who passed away at the age of 112. Fuente was recognised as the oldest man in the world by the Guinness Book of World Records after Puerto Rican Emilio Flores died on Au

gust 12, 2021, at the same age.

Born on July 8, 1912, in the Leon town of Remolina, in the municipality of Cremenes, Antonio was

Science goes wrong

AN explosion caused by a scientific experiment going badly wrong in Girona’s Casa de Cultura building hospitalised five people and left at least another 12 injured on Friday, September 30.

A total of two adults and three children were hospitalised suffering from injuries after the ex plosion.

Seventeen people were injured when a drum of liquid nitrogen exploded during a scientific outreach event, which mixed magic and sci ence, designed to bring science closer to chil dren.

Video footage that was uploaded onto social media showed the exact moment that the mas sive explosion occurred.

Multiple emergency services were immedi ately deployed to the location, including six fire crews from Girona, along with units from the Mossos d’Esquadra and ambulances from the Emergency Medical System (SEM).

Credit: Pixabaysabinevanerp

Satisfaction guaranteed

SPAIN has a satisfaction level of 96 per cent among tourists to the country this summer, ac cording to the latest Visi tor Satisfaction Survey.

The country’s leisure facilities were its most highly rated aspect (94 per cent), followed by its infrastructure (92 per cent).

part of a large family, with 15 brothers. He was chris tened El Patriarca in the Leonese wrestling circles for his longevity and is now the patriarch of Spain.

Best in class

ALMOST half of Spaniards aged 25‐34 have a university degree or equivalent, beating the European average.

The figure has risen by more than eight points in a decade, to 48.7 per cent. The da ta was published in ‘Education at a Glance: The Organisation for Economic Coopera tion and Development (OECD) Indicators 2022’.

The report was presented by the Secre tary of State for Education, Jose Manuel Bar, to the Spanish Government on Mon day, October 3.

In total, 48.7 per cent of young people in the age group will have a higher education qualification in 2021, 8.4 points more than in 2011 and almost 15 points more than in 2000 (34 per cent). This figure is above the average for OECD countries (46.9 per cent) and for the 22 EU countries (45.9 per cent).

North Americans, Latin Americans, British and Irish tourists were the most satisfied and more than half (55 per cent) plan to return in the next 12 months, the Spanish government confirmed on Monday, October 3.

The Minister of Indus try, Trade and Tourism, Reyes Maroto, said: “Lis tening to the opinion of our international visitors is an essential exercise in order to continue improv ing.

“The high level of satis faction shown by tourists who come to Spain is proof of the high level of professionalism and qual ity of our tourism sector, and should serve as a cat alyst for us to continue improving tourism and progressing towards ex cellence.”

Spain receives a satis faction level of 96 per cent from summer tourists.

EWN 6 - 12 October 2022 euroweeklynews.com NEWS8
OLDEST MAN: Has died in Spain at the grand age of 110.

Movie star Terry Stone

WITH not one but two films premiering at this year’s Marbella Interna tional Film Festival, the Euro Weekly News sat down to talk to actor and producer Terry Stone.

Stone, whose life’s sto ry takes in music, movies and some seriously sharp business moves, explained his road to success was not an obvious one, leaving school with no qualifica tions to start out in a fast food chain. As the actor joked to the EWN, “Ronald McDonald gave me my start in life.”

He quickly wanted more however, moving into sales with a lucrative income until the recession hit in the 80s, which he said left him with nothing. “For a year it felt like the world had ended,” said Stone.

Still in his 20s, Terry was de termined to enjoy life howev er and found himself joining the rave scene. At a time when a night out traditionally meant, “a club with a sticky carpet, some bad music and then a kebab,” Terry said he found the music and culture of the emerging rave move ment a breath of fresh air.

He explained: “There were no fights, everyone was friendly and there was a great vibe.”

Getting involved, first as a leaflet tout and then as a pro moter and organiser, Stone turned raves into a multi‐mil lion pound business, founding the brand One Nation and lat er Rave Nation and Garage Nation.

Now well‐known in the UK for his raves, Terry said was tiring of the non‐stop hours and increasingly different vibe when he met his now wife, who said that at nearly 30 it was time to get out.

Having sold the business, Terry was now in a position to do what he wanted and em barked on a career in acting, finding himself an agent and acting classes. Within his first year he had two appearances in EastEnders as well as sever al other mainstream TV gigs under his belt.

Realising he had only made

€8,000 in that year howev er, Terry turned his busi ness mind to the problem and after a friend pointed out he’d spent years suc cessfully attracting in vestors and promoting One Nation, Terry re alised he could make his own movies.

Starting with One Man and His Dog, which he says, “was like going to film school,” Terry con tinued creating his own work until one day he was reading the book Rise of the Footsoldier, and realised it would make a great film.

Buying the rights, Terry launched the hugely success ful Rise of the Footsoldier franchise which has now spread to five films. This en during series has starred Vin ny Jones, Craig Fairbrass, and of course Terry himself.

Speaking about his life now, Terry said: “I still get offered plenty of roles but I like having control over what I choose to work on or not.

“I get the best of both worlds really now and there is plenty more coming in 2023, so stay tuned.”

The star is continuing to cre ate his own films as well as ex ploring his musical roots with two films at this year’s Mar bella International Film Festi val.

The Last Heist will premiere at Red Dog Cinemas in Puerto Banus on Friday, October 7, while 25 Years of Garage pre

mieres at the same venue on Saturday, October 8. For tickets, visit www.eventbrite.co.uk

EXCLUSIVE INTERVIEW EWN6 - 12 October 2022 9FEATURE euroweeklynews.com
Credit: Terry Stone TERRY STONE: The actor created the successful Rise of the Footsoldier franchise. TONY TUCKER: Stone as his memorable Rise of a Footsoldier character. Credit: Terry Stone

The best relaxation equipment for autumn

THE days of sun and beach are over, summer comes to an end, and we start a new season. To re sume the happy routine with strength and energy we propose the best rest equipment to get the most out of autumn.

Autumn 2022 has officially be gun and we as we enter the sea son, we must adapt our rest and our habits as the temperatures drop and we have fewer hours of daylight.

How to choose the best sleeping equipment for autumn

When we think about sleeping well we always visualise the mat tress, but we forget that the impor tant thing is a whole team of equip ment. To enjoy a restful sleep we must take into account these ele ments:

‐ The mattress: You must take in to account its firmness and adapt ability, and even the material it is made of (if you suffer from aller gies, for example).

Now is a unique opportunity to purchase a mattress from the firm Nessen, specialised in healthy rest. In MiColchon, with your Nessen mattress you get the 3D uphol stered base for FREE, or equivalent discount for your canapé.

‐ The pillow: The goal is to ensure that during the hours of sleep your back has the most natural posture, respecting its curvatures, and with out pressure. Our spine must be

correctly aligned when we are sleeping. To choose the ideal pil low, you must take into account its height, firmness, the posture in which you sleep and the material it is made of.

NordSwiss pillows have a model for every need.

‐ The base: A mattress can be more or less firm or adaptable de pending on the base that supports it. And depending on the material

of the mattress, you have to choose the base that best comple ments it or the mattress will be deformed. You can choose be tween an uphol stered base, slatted bed base, ot toman bed base or decorative bed with a bench.

The upholstered base in 3D fabric is the one that best suits all types of mattresses.

‐ Bed linen: If in summer we are concerned about perspiration and to have cool sheets, in autumn we will need thicker bedding sets, that also allow perspiration and main tain the proper temperature of our body while we rest.

The best quality‐price bedding sets

Advised by our friends Col chonologos® of MiColchon, we have made a selection of the best

rest packs for this autumn:

‐ Breathable base and mattress equipment: Summer Pack, vis coelastic mattress on the most re sistant and breathable base.

‐ Articulated bed and viscoelastic mattress. If you aspire to have the comfort of an electric articulated bed, the Venus Visco Articulated Pack is the best choice.

‐ From just €319, you can find a mattress and an ottoman bed base, the Cross model.

‐ Anniversary Pack. A set includ ing a viscoelastic mattress from the firm FLEX, with wooden box spring for just €599.

‐ Another set that is great value for money is the Nebraska pack. A mattress from the American firm Sealy, pocket springs, accompanied by a wooden ottoman bed base.

Interested in learning more? Go to the specialists in MiColchon stores now to benefit from the best rest with the best autumn dis counts!

EWN 6 - 12 October 2022 euroweeklynews.com FEATURE10
Phone: 951 555 155 - E-mail: info@micolchon.com Find out more at www.micolchon.com / www.nesseninteriors.com / www.profesionales.micolchon.com MiColchon is now also in the Costa Tropical of Granada, in Motril! Advertising Feature
Image - MiColchon

BUSINESS EXTRA The Break FINANCE

Tax cuts

IN a statement made on Thursday September 29, the Spanish Minister of Finance Maria Jesus Montero confirmed that from next year, the government will reduce income tax for those earning up to €21,000 per year which should benefit some 50 per cent of all those employed and there will be changes for the self‐employed.

Food banks

AS food prices continue to rise, more Spanish families are finding it difficult to afford to feed themselves and are turning to food banks for assistance but in a ‘Catch 22’ situation, there are less donations although the Spanish Agricultural Guarantee Fund has committed to supply 50.7 million kilos of food.

EV problem

A STUDY by researchers at Stanford University in the USA has come to the conclusion that with the expected growth of sale of electric vehicles over the next decade, there will be a problem with a huge surge in demand as owners recharge at night once home, possibly overloading the grids.

VAT reduction

BOWING to a long‐standing wish by Podemos, the Spanish Minister of Labour, Yolanda Díaz announced on her Twitter account that the next budget will include a decision to reduce VAT on feminine hygiene products from 10 per cent to 4 per cent (known as the ‘pink rate’).

Windfall tax

THE European Union has agreed in principle to allow members to introduce short term emergency measures to charge energy firms on their record profits. The plan is to raise funds from taxation to allow countries to increase their support for those most affected by the cost‐of‐living increases and to reduce energy consumption.

King Charles III coin

THE first of the new King Charles III coins have been revealed by the Royal Mint, which will start to enter circulation from December this year.

Announced on Friday September 30, the Royal Mint said that the first to bear the new King’s like ness will be a new 50p coin.

In keeping with tradi tion, the image will show the King looking to the left and in the opposite direction to those bear ing an image of Queen Elizabeth II.

The reverse of the coin features a design that originally appeared on the 1953 Coronation Crown and includes the four quarters of the Roy al Arms depicted within a shield. It depicts the four nations with a rose, a

thistle, a shamrock and a leek.

A commemorative £5 coin is also to be released which features two new portraits of the late Queen on the reverse side, a younger and an older picture.

According to Nicola Howell, Chief Commer cial Officer at the Royal

Mint, King Charles worked closely with the sculptor Martin Jennings to design the new coins. He is also said to have personally approved the designs and the effigy.

Inscribed with the Latin: “CHARLES III: D: G: REX: F: D: 5 POUNDS: 2022” this translates to: “King Charles III, by the

Grace of God, Defender of the Faith.”

Ms Howell said: “We expect customers will start to be able to receive the commemorative range from October and then we expect the 50p memorial circulating coin to be appearing in peo ple’s change probably from December.”

THE Ministry of Industry, Com merce and Tourism, through the Foundation of the School of Indus trial Organisation (EOI) and the col laboration of Impact Hub Madrid, has launched a programme to at tract Female Entrepreneurship in Spain.

The objectives of ‘The Break’ are to contribute to reducing the gen der gap in entrepreneurship, learn ing and improving the projects of the participating women en trepreneurs and the creation of a European network of women en trepreneurs known as the breaker community, to create business and opportunities.

After sharing experiences in their innovation projects, the en trepreneurs will develop them in 12 local communities and the pro gramme, financed by Next Gener ation EU funds, is part of the Gov ernment’s Recovery and Resilience Plan with a budget of €10 million.

Inflation fall

SPAIN’S Consumer Price Index for September is currently at 9 per cent according to an initial forecast released on Thursday September 29 by the National Institute of Statistics (INE). This compares to the final August figure of 10.5 per cent and whilst still high is heading in the right direction.

ON October 1, crucial changes to the UK’s Right to Work legislation became law and this could have a major impact on the already diffi cult process of employing new staff.

According to government‐certi fied digital identity provider Xydus many businesses don’t appreciate the requirements of the new law and could find themselves in consid erable difficulty.

Prior to the pandemic, the majori ty of Right to Work checks were conducted in person as required un der Home Office rules and prospec tive employees showed documents providing evidence of their right to work to employers who stored a copy.

During the pandemic, temporary adjustments were made to these requirements in order for remote work to be facilitated, and help businesses continue to hire in lock down.

For the first time ever, in‐person checks were permitted to be carried

out over video calls, and job appli cants were able to send a photo of their documents to employers via email.

Now all UK businesses must use government certified Identity Ser vice Providers (IDSPs) to complete digital Right to Work checks.

Digital checks require the submis sion of images of personal docu ments using certified ID validation technology to verify the employees

right to work. Any other method is non‐compliant.

Failing to comply can result in a civil penalty of up to £20,000 per non‐compliant check with those found guilty losing the ability to sponsor work visa applications for foreign nationals and even criminal convictions in serious cases.

In addition, records need to be kept for up to two years after an employee leaves the business.

The reduction is mainly due to the fall in electricity prices, which rose in September 2021 whilst the fall in fuel prices, compared with the rise in the previous year, and the fall in transport also played a role, albeit to a lesser extent.

The annual rate of the leading indicator of core inflation de creased by two 10ths of a percent age point to 6.2 per cent.

A STUDY commissioned by lin gerie brand Pour Moi, showed most UK men admit they don’t have a clue when it comes to buy ing new underwear for their part ner.

The lingerie brand conducted the survey after analysing sales and search data that revealed a trend in the rise of men purchas ing underwear for their partners which has been on the up for the last five consecutive years.

euroweeklynews.com • 6 - 12 October 202212 STAT OF WEEK
COMMEMORATIVE: The new Royal effigy. FURTHER CHECKS: Job interview is no longer enough. Credit: The Royal Mint
FINANCE to read more FINANCE scan this QR Code
UK employment law Credit: Christina@wocintechchat.com/Unsplash is the record amount of Spanish debt that existed at the end of the second quarter of 2022 according to a Bank of Spain statement on September 30.€1.47 trillion Clueless men

3I Group 1.077,00 1.091,97 1.072,00 24,21K

Abrdn 135,73 138,48 135,38 238,05K

Admiral Group 1.883,0 1.901,7 1.876,8 6,27K

Anglo American 2.704,5 2.723,5 2.657,0 29,62K

Antofagasta 1.104,00 1.108,00 1.091,50 11,82K

Ashtead Group 3.976,0 4.063,0 3.963,0 92,14K

Associated British Foods 1.238,2 1.261,8 1.237,3 16,00K

AstraZeneca 9.720,0 9.824,0 9.673,1 29,78K

Auto Trader Group Plc 509,60 516,20 503,80 41,48K

Aveva 3.136,0 3.140,0 3.128,0 7,15K

Aviva 384,60 391,40 380,56 537,40K

B&M European Value Retail SA311,10 316,27 304,30 123,44K

BAE Systems 783,55 793,60 779,13 233,89K

Barclays 142,02 144,50 141,34 2,75M

Barratt Developments 351,00 352,80 338,11 465,58K

Berkeley 3.351,0 3.374,0 3.252,0 84,37K

BHP Group Ltd 2.236,00 2.249,93 2.223,50 27,76K

BP 441,00 443,75 432,13 890,72K

British American Tobacco 3.221,5 3.231,4 3.153,0 66,45K

British Land Company 351,40 354,90 345,59 44,46K

BT Group 122,00 123,45 120,67 663,93K

Bunzl 2.739,0 2.748,0 2.721,0 96,80K

Burberry Group 1.793,0 1.810,0 1.773,0 157,71K

Carnival 532,6 558,5 531,9 320,20K

Centrica 70,74 71,89 69,60 791,65K

Coca Cola HBC AG 1.837,1 1.864,7 1.823,0 31,70K

Compass 1.768,50 1.788,00 1.765,00 349,78K

CRH 2.880,0 2.884,0 2.855,0 2,18K

Croda Intl 6.325,0 6.436,0 6.316,0 11,46K

DCC 4.673,0 4.675,0 4.619,0 36,70K

Diageo 3.703,4 3.766,0 3.695,0 46,27K

DS Smith 254,73 257,61 251,46 230,96K

EasyJet 282,10 288,80 280,70 524,44K

Experian 2.584,6 2.635,7 2.572,0 12,24K

Ferguson 9.182,0 9.342,0 9.170,0 1,30K

Flutter Entertainment 9.821,5 9.884,0 9.688,0 2,35K

Fresnillo 765,00 773,22 753,32 18,77K

Glencore 477,44 480,39 469,19 739,77K

GSK plc 1.301,00 1.304,15 1.286,20 112,39K

Halma 1.978,5 2.042,0 1.978,1 23,12K

Hargreaves Lansdown 834,60 879,40 833,60 287,80K

Hikma Pharma 1.343,00 1.360,00 1.330,00 96,68K

HSBC 454,96 462,25 454,75 278,86K

IAG 91,54 95,68 91,52 2,57M

Imperial Brands 1.836,56 1.850,00 1.831,79 45,09K

Informa 508,60 516,40 506,40 150,55K

InterContinental

Intermediate Capital 975,80 998,40 964,20 313,53K

Intertek 3.591,0 3.694,4 3.591,0 2,07K

ITV 57,00 58,18 56,09 394,45K

J Sainsbury 173,90 175,55 171,40 359,16K

Johnson Matthey 1.846,5 1.854,0 1.807,5 4,54K

Land Securities 521,60 524,40 513,40 16,15K

Legal & General 212,00 218,20 211,44 1,86M

Lloyds Banking 40,63 42,20 40,59 21,15M

London Stock Exchange 7.548,0 7.560,0 7.464,0 4,51K

Melrose Industries 98,33 101,27 98,30 257,83K

Mondi 1.377,05 1.395,50 1.367,50 132,78K

National Grid 925,60 933,80 916,40 159,38K

NatWest Group 221,03 225,90 220,93 425,33K

Next 4.708,4 4.810,0 4.648,0 86,58K

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

Ocado 455,40 474,35 455,00 49,81K

Persimmon 1.260,0 1.269,5 1.221,5 78,16K

Phoenix 516,00 526,80 514,30 156,88K

Prudential 864,20 884,40 859,80 71,15K

Reckitt Benckiser 5.930,0 5.946,8 5.884,0 36,73K

Relx 2.160,34 2.192,00 2.159,00 34,26K

Rentokil 465,61 473,30 465,60 24,04K

Rightmove 465,12 480,80 465,12 34,07K

Rio Tinto PLC 4.830,0 4.882,3 4.787,5 24,16K

Rolls-Royce Holdings 68,21 70,01 67,98 1,95M

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

Sage 683,00 694,00 682,00 10,34K

Samsung Electronics DRC 903,00 913,20 903,00 2,38K

Schroders 386,0 389,2 382,0 341,53K

Scottish Mortgage 749,19 765,97 745,26 539,18K

Segro 747,40 759,40 737,36 151,53K

Severn Trent 2.321,0 2.365,0 2.295,8 12,49K

Shell 2.273,5 2.289,9 2.247,5 133,81K Smith & Nephew 1.024,32 1.054,95 1.020,72 44,71K

Smiths Group 1.479,00 1.499,50 1.475,00 69,91K

Spirax-Sarco Engineering 10.070,0 10.255,0 10.005,0 0,48K SSE 1.565,00 1.574,50 1.516,50 80,16K

St. James’s Place 995,30 1.023,50 994,80 18,25K

Standard Chartered 552,20 559,60 549,70 228,07K Taylor Wimpey 89,56 90,52 86,76 1,81M

Tesco 204,40 206,30 201,70 783,28K

Tui 102,65 107,65 101,91 576,73K

Unilever 3.904,0 3.924,5 3.893,3 42,41K United Utilities 869,98 888,60 860,00 83,13K

Vodafone Group PLC 100,24 100,92 99,64 2,12M Whitbread 2.259,6 2.298,0 2.248,0 83,27K

WPP 728,87 742,60 727,40 58,74K

DOW JONES

3M 110,50 113,15 3,10M

American Express 134,91 138,67 134,62 3,71M

Amgen 225,40 230,00 225,17 2,54M

Apple 138,20 143,10 138,00 123,56M

Boeing 121,08 125,47 120,99 8,28M

Caterpillar 164,08 167,78 163,89 2,95M

Chevron 143,67 145,13 142,49 9,38M

Cisco 40,00 41,04 39,96 27,88M

Coca-Cola 56,02 57,13 56,00 15,89M

Dow 43,93 44,84 43,80 5,72M

Goldman Sachs 293,05 301,09 292,70 1,93M

Home Depot 275,94 281,79 274,76 4,77M

Honeywell 166,97 171,20 166,63 3,76M

IBM 118,81 122,43 118,61 5,33M

Intel 25,77 26,57 25,74 43,37M

J&J 163,36 165,74 163,32 8,96M

JPMorgan 104,50 107,62 104,40 15,86M

McDonald’s 230,74 234,83 230,58 3,61M

Merck&Co 86,12 87,62 86,10 9,01M

Microsoft 232,90 240,54 232,73 35,48M

Nike 83,12 86,20 82,50 47,92M

Procter&Gamble 126,25 129,04 126,21 9,39M

Salesforce Inc 143,84 148,63 143,75 7,54M

The Travelers 153,20 156,45 152,94 1,40M

UnitedHealth 505,04 516,55 504,84 3,10M

Verizon 37,97 38,79 37,95 23,40M

Visa A 177,65 182,92 177,60 9,44M

Walgreens Boots 31,40 31,79 31,34 7,99M

Walmart 129,70 132,36 129,70 6,48M

Walt Disney 94,33 97,48 94,28 12,01M

Most Advanced

FingerMotion +82.16% 31.73M

Golden Falcon Acquisition +56.32% 6.60K

SAITECH Global +43.36% 5.34M

F45 Training Holdings +41.10% 37.04M

Avenue Therapeutics +39.03% 27.39M

Sobr Safe +38.86% 27.50M

Ainos +36.96% 35.10M

Alset Ehome International +30.85% 3.64M

O2Micro +30.15% 1.79M

Gold Royalty Wnt +29.64% 10.00K

Polarityte +27.94% 909.44K

Most Declined

Natural Order Acquisition -50.00% 113.31K

Laser Photonics Unt -48.40% 7.08M

Atlis Motor Vehicles -39.91% 315.92K

Aterian -37.06% 15.38M

Edesa Biotech -35.12% 7.47M

American Virtual Cloud -32.41% 10.89M

Antelope Enterprise Holdings -32.00% 669.15K

Fednat Holding Co -27.63% 2.09M

5E Advanced Materials -27.58% 676.18K

Epiphany Technology Acquisition -24.81% 7.64K

Panbela Therapeutics -24.71% 1.81M

C C OMPANY OMPANY P P RICE RICE((P P)) C C HANGE((P P)) % C% C HG N N ET ET V V OL
C LOSING P RICES O CTOBER 3
4.286,6 4.347,6 4.260,0 2,06K º º C C OMPANY OMPANY P P RICE RICE((P P)) C C HANGE HANGE((P P)) % C% C HG HG . N N ET ET V V OL OL COMPANY CHANGE NET / % VOLUME US dollar (USD) ........................................0.9814 Japan yen (JPY) 142.31 Switzerland franc (CHF) 0.9687 Denmark kroner (DKK) 7.4359 Norway kroner (NOK) 10.640 MAKE THE MOST OF YOUR MONEY WITH US See our advert on previous page 0.87565 1.14225 LONDON - FTSE 100 C LOSING P RICES O CTOBER 3 Units per € COMPANY PRICE CHANGE OLUME(M) NASDAQ C LOSING P RICES O CTOBER 3 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 6 - 12 October 2022 euroweeklynews.com FINANCE, BUSINESS & LEGAL14

Currency outlook: Euro rocked by energy price volatility, US dollar storms to new multi-year highs

Euro EUR/GBP: Up from £0.84 to £0.87

EUR/USD: Down from $0.99 to $0.98

The euro traded in a wide range over the past month, with the single currency initially coming under pressure at the end of August following a sharp surge in European energy prices.

EUR exchange rates then rebounded at the start of September. Supported by the EU’s promise to intervene in energy markets and rein in prices, in additional to a stronger-than-expect ed Eurozone inflation print as it bolstered expec tations for a 75bps rate hike from the European Central Bank (ECB)

While the ECB delivered a 75bps increase as hoped, this was overshadowed by the bank’s bleak forecasts and concerns over the indefinite closure of the Nord Stream 1 gas pipeline.

EUR exchange rates then then recouped some ground following reports of Ukraine’s suc cessful counteroffensive against Russian forces.

However, the euro then faced another set back after Vladimir Putin announced a ‘partial mobilisation’ of Russian forces. EUR investors fear this could prolong the conflict in Ukraine and place even more pressure on the Eurozone economy.

Looking ahead, the immediate focus for EUR investors will be the Eurozone’s next inflation re lease as another record jump in prices is likely to increase the chances of another 75bps hike from the ECB.

Pound GBP/EUR: Down from €1.18 to €1.14

GBP/USD: Down from $1.18 to $1.13

The pound found itself on the defensive through much of the past month amid an in creasingly gloomy outlook for the UK economy.

GBP investors were spooked by reports sug gesting domestic inflation could climb as high as 22% in 2023 and warnings that the UK is already in recession.

Sterling then found some brief respite after Liz Truss was confirmed as the UK’s new Prime Minister and promptly announced a plan to freeze household energy prices for two years.

Some mixed UK economic releases then re sulted in some volatility in mid-September, be fore the pound came under renewed pressure as the Bank of England (BoE) delivered its latest interest rate decision.

The BoE’s 50bps hike came as a blow to GBP investors hoping for a 75bps increase, although its hints that further hikes could be more ‘force ful’ help to keep a lid on Sterling’s losses.

With GBP investors fearing the UK faces sig nificant economic hardship in the coming

months, we may see may see this gloomy out look continue to limit interest in the pound over the next few weeks.

US Dollar

USD/GBP: Up from $0.84 to $0.88

USD/EUR: Up from €1.00 to €1.01

The US dollar trended broadly higher over the past month, with demand for the currency being underpinned by risk-off flows and Federal Reserve interest rate speculation.

The prevailing risk-off mood came amid growing global recession fears, in addition to re newed uncertainty over the situation in Ukraine.

Meanwhile, Fed rate hike expectations were turbocharged after August’s US inflation print beat forecasts, with the US dollar skyrocketing as some investors went so far as to suggest the Fed might pursue a 100bps hike.

The Fed ultimately delivered a 75bps hike, with the US dollar striking a new multi-year high shortly thereafter.

Looking ahead, the increasingly uncertain out look for the global economy is likely to see the US dollar maintain its upward trajectory through the coming month. Especially amid the prospect of US interest rates rising to 4% before the end of 2022.

Currencies Direct have helped over 325,000 customers save on their currency transfers since 1996. Just pop into your local Currencies Direct branch or give us a call to find out more about how you can save money on your currency transfers.

EXTRA

Turning off

A SURVEY conducted by re search platform quantilope has revealed 23 per cent of all British households indi cated that they intended to cancel contracts with video streaming companies in or der to try to save money.

Air Miles

SPANISH Minister of Indus try, Reyes Maroto, travelled to Australia to inaugurate the first Queanbeyan bat tery energy storage system built by Naturgy, whilst Min ister of Transport, Raquel Sánchez flew to Quebec to inspect an Airbus facility.

Water wars

AFTER entering into an agreement to allow rivers to flow undisturbed between Spain and Portugal in 1998, the Spanish government re portedly plans to cut the amount of water to Portugal in the River Duero.

Tax cuts warning

THE IMF has warned Britain that tax cuts could be damaging to the economy in an almost unprecedented criticism of the monetary policy of a G7 nation.

Some observers suggest the tax cuts amounting to £45 bil lion announced by new Chan cellor Kwasi Kwarteng as part of his Growth Plan on Friday September 23 are more akin to a gambler placing all of their money on black in the hopes of winning.

As the government reduces the amount of tax it will be able to collect and continues to promise aid during this time of worldwide economic crisis, the only solution will be to borrow even more money.

The actual statement from the International Monetary Fund which was issued on September 27 included the ob servation: “We understand that the sizeable fiscal package an nounced aims at helping fami lies and businesses deal with the energy shock and at boost ing growth via tax cuts and sup ply measures.

“However, given elevated in

Chancellor Kwarteng leaves No 11 to deliver his Growth Plan.

flation pressures in many coun tries, including the UK, we do not recommend large and un targeted fiscal packages at this juncture, as it is important that fiscal policy does not work at cross purposes to monetary policy.”

The Chancellor reportedly chose not to take note of any advice from the Office for Bud get Responsibility which is a non­departmental public body funded by the UK Treasury, that the UK government established to provide independent eco nomic forecasts and indepen

dent analysis of the public fi nances.

It is expected the Bank of England will urgently consider increasing bank rate yet again as both sterling and the FTSE share index tumbled and rat ings agency Moody’s warned it may cut Britain’s credit rating.

Clearly the increasing criti cism of the decision to reduce income tax top rate to 40 per cent from 45 per cent hit home as on Monday October 3, Chan cellor Kwasi Kwarteng con firmed his first u­turn so that will no longer take place.

Supermarket sweep

THE annual survey of the cheapest supermarkets in Spain was published by the Organisation of Con sumers and Users on Tuesday September 27 after visiting more than 1,100 stores in 65 cities across the country.

Overall, the cost of products from supermarkets has increased by 15.2 per cent when comparing May 2021 to May 2022 and that will have increased since the survey was compiled.

Although some individual Alcampo stores gave best value for money, the two cheapest chains were Tifer located in Castilla y Leon and Dani found in An dalucia.

None of the big names such as Aldi or Lidl featured in the top 10 cheapest, whilst prices at Dia and Mer cadona had risen the most.

Mass demonstration

EXPECT a number of ral lies across Spain on Octo ber 7, 14 and 28 by mem bers of the country’s largest trade union CCOO union followed by a mass demonstration in Madrid on November 3.

The union which repre sents workers at numer ous supermarkets and stores believes that with the ever­increasing rise

of the cost of living, ne gotiations starting in Jan uary should be based on inflation plus an agreed 18 per cent increase in wages over the next four years.

Working with the UGT union, the CCOO believes that big business should already be making signifi cant offers rather than ig noring the situation.

EWN 6 - 12 October 2022 euroweeklynews.com FINANCE, BUSINESS & LEGAL16
BUSINESS
Credit: HM Treasury flickr
Visit us at our Spanish offices in Costa del Sol, Costa Almeria, North Costa Blanca and South Costa Blanca. Telephone UK +44 (0) 207 847 9400 SPAIN +34 950 478 914 • Email euroweekly@currenciesdirect.com • www.currenciesdirect.com. GBP INVESTORS: Were spooked by reports that domestic inflation could climb higher.
ASK THE EXPERT Peter Loveday Contact me at euroweekly@currenciesdirect.com

AT the time of writing, I am truly not too happy with the UK’s Conservative government. However, one thing I am satisfied with is that in no way would I ever consider actually replacing them with a Labour regime. The lefty’s con ference this week was absolutely de plorable. They had no true ideas of how to actually rescue the UK from the turmoil it finds itself in. The singing of God Save the King instead of the Red Flag rather summed up one of the pa thetic ways they consider drumming up support.

Nothing they came up with was a true answer to any real problems, merely ways of making the public think they would be financially better off if they voted them in. Of course the BBC absolutely revelled in it. In complete league with the Labour party’s enrap tured anti conservative attitude; their presentations were completely crammed with derogatory reports, opinions and concerns of a beleaguered public, many afraid they could be con fined to the workhouse this winter.

Once again of course, every single member of the dissenting public they

No Labour fan

interviewed was white! They obviously have no intention whatsoever of show ing other cultures who could be facing financial or personal hardship over the ensuing months. Why not? I can only assume it’s because over the next two years they will be promoting left wing ideals to non‐white residents, purely because they want to paint a glowing picture of everything in the garden looking lovely ‐ as long as they vote Labour!

As further proof of the conspiracy now taking place in the UK, I have just observed three British TV commercials, each advertising fairly important com panies and products. The first advert featured a number of young, obviously gay black men, all partying and enjoying themselves in a carefree brightly coloured environment.

The next presented two attractive mixed race ladies enjoying a kiss and sharing a romantic moment. The third introduced a mixed race family sharing a splendid meal at the table of their pretty luxurious abode. Nothing wrong with any of that. I personally enjoy dif ferent cultures and the varied points of view of fellow human beings; but who

are these companies actually trying to sell their commodities too? Three per cent of the population? Of course they are not, that would be ridiculous.

Thousands of illegal immigrants have now entered the country. According to records, none have been sent to Rwan da (the first plane was cancelled in June). These people are still costing the country millions of pounds a week; money which funnelled into the correct resources could help thousands of struggling British residents in these troubled times.

Believe me, somewhere up there in the anonymous high echelons of televi sion, businesses and Leftie politics there is a heavy conspiracy to change the face of the UK into an easy to manage, mixed race of citizens, all voting for a left wing society. And they’re gonna take some stopping!

Keep the faith

Love Leapy leapylee2002@gmail.com.

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Have you been connedyet by scammers?

EVERY day, millions of people get bo gus ‘419’ emails (so‐called after a sec tion of Nigeria’s legal code) promising millions. Police estimate the average loss in the UK alone is £35,000+.

The sender poses as a banker, official, royal toadie (even fleeing Ukrainian refugee) want ing to move huge sums your way. There’s no money to be moved ‐ ex cept yours!

Additionally, fraud sters have taken advan tage of the summer holi days to swindle parents out of thousands of pounds, using a ‘Hi Mum’ text scam posing as their children who’ve ‘lost their phone’.

Basically, victims receive a message

from a random number purporting to be a son/daughter who’s lost their phone. Once parents are convinced they’re speaking to their child and save the number onto their phone, scam mers ask them to send money claiming it’s needed to pay off debts.

Call me a cynic but this got me think ing about all the other internet scams so cutthroat they make a Siberian gulag look like a Swiss Finishing School.

It’s often said a fool and his money are soon parted. Hardly! At this cost‐of‐living‐crisis time, a fool and his money are lucky to get together in the first place…

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EWN6 - 12 October 2022 17FEATURE euroweeklynews.com
LeapyLee’sopinionsarehisownandarenotnecessarilyrepresentativeofthoseofthepublishers,advertisersorsponsors.
OTHERS THINK IT LEAPY LEE SAYS IT
NoraJohnson’sopinionsareherownandarenotnecessarilyrepresentativeofthoseofthepublishers,advertisersorsponsors. Noraistheauthorofpopularpsychological suspenseandcrimethrillersandafreelancejournalist. NORAJOHNSON BREAKINGVIEWS
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YOUR PAPER - YOUR VOICE - YOUR OPINION

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

Views expressed and opinions given are not necessarily those of the EWN publishers. No responsibility is accepted for accuracy of information, errors, omissions or statements.

TOTAL MADNESS

GIVEN the unrest in the UK and Spain’s economy, it is fair to predict that a sum mer holiday for 2023/2024 will be the very last thing on people’s minds .

There are an estimated 800,000 British home own ers in Spain, does it not make sense to allow these home owners (those that can afford to) to visit their properties and help boost the Spanish economy.

This 190‐day rule is abso lute madness with people selling up in their droves be cause of it and is a very well‐ known fact that the Brits spend the most when abroad. If your tourism is going to be hit hard (you don’t need a degree in eco nomics to know it will) then do something about it AND LET THE HOME OWNERS USE THEIR HOMES !

Good work

Even though I am only here for a couple of months at a time, being non‐resi dent, I thoroughly enjoy your newspaper comments. Keep up the good work, especially the anti woke, politically correct and snowflake comments. You only have to watch the BBC programmes like Strictly Come Dancing and Channel 4 Bake Off to see how woke the TV programmes have become!

Unhinged

Having just read the Leapy Lee rant I believe you should contact a medical

specialist of a specific race acceptable to the obviously unhinged Lee.

The BBC are blamed for all the self inflicted disasters of a government able to successfully find a worse re placement than the previ ous incumbent. All the peo

ple who contributed are now neo fascists because they don’t agree with his opinion. Then it’s the fault of the BBC that people in adverts are black… adverts do not appear on the BBC!

FACT OR FICTION OUR VIEW

SOCIAL MEDIA and even the comments section of the Euro Weekly News website appear to be full of observations concerning the reasons for the unex pected and often unexplained death of people young and old around the world.

The general opinion expressed by those who both er to comment is that all of those who died were vic tims of the vaccines introduced by the various gov ernments around the world and some people go further and suggest that this is part of a global con spiracy to hoodwink the public and manipulate them for some, as yet unexplained long-term end.

This seems to be a popular trend with the infer ence that the major pharmaceutical firms were in cahoots with governments to ensure that their prof its were greatly inflated to the detriment of individu als at large.

Moving on, there is a groundswell of opinion that there was no serious illness caused by coronavirus and that if the governments hadn’t over reacted the majority of those who caught whatever the virus might have been would found their anti-bodies fighting it off.

Looking back to before the pandemic it seems that although unexplained deaths were taking place, there was less inclination by the media at large to report the fact except locally and the fact that for ex ample a 10-year-old in Belgium had died unexpect edly whilst playing soccer, it was unlikely that it would have been mentioned in the media outside of Belgium.

Nowadays however any unexplained death espe cially of a young person or someone involved in sports is regularly picked up by the media around the world and it is possible that this coverage is in turn fuelling the social media observations.

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BASIC ECONOMICS

IF I had opened a pub called the ‘Moose and Banjo’ in early 2019, I would proba bly be gnashing my teeth by now. It seemed that all I had to do was provide food and drinks, be prepared to make people welcome and to work hard.

Of course I would need to sell to cus tomers at a price to allow a profit mar gin ‐ and that’s it. And let’s assume that, for almost a year, there were plenty of happy customers, many of them regulars and the profits were more than acceptable. I had a good re lationship with suppliers and two en thusiastic employees, so what could go wrong?

When Covid came and suddenly there were no customers, all these con ditions would immediately have be come irrelevant. No need for suppliers, no need for employees. The decisions would now be when to close the Moose, for how long, when to release the staff and how to survive financially. Furlough may cushion the blow for a while but for how long? Would the pub ever open again or would it cease to ex ist? For months, nobody had any idea

when lockdown would end or if Covid would go away.

Eventually things returned to normal, customers came out again and many businesses reopened. But thousands more were gone forever.

The situation now is different, thanks to rampant inflation. If the Moose and Banjo had reopened in early 2022, it may have had some success for a month or two. Things seemed almost back to normal, despite the dark clouds of inflation already heading for Europe. Again, what could go wrong?

Well, Putin decided to put the boot in

by invading Ukraine, thereby exacer bating a growing global economic crisis. Billions of euros, pounds and dollars were diverted in support of Ukraine and the preservation of democracy in Europe. And then, gradually, Putin’s Gazprom cut off supplies of oil and gas to Europe, precipitating a disastrous cri sis in energy and the cost of living.

The pub now faces different prob lems, encapsulating the global situa tion. Customers are not in lockdown but have lost their spending power. Therefore, not many customers. Sup plies are not only unreliable but also far

more expensive. The costs of running the pub, especially energy, have leapt off the scale. Employees need higher wages to cover their basic needs. And to cover the huge increase in outgoings for the business, selling prices have to be raised for customers ‐ who can hard ly afford to go out at all.

Once again, decisions. When and if to close the Moose and release the staff? And will it ever open again?

Recession causes enormous depriva tion and suffering. We know that cli mate tragedies from Pakistan’s floods to Somalia’s droughts are on a totally different scale. Likewise, war in Ukraine and Yemen, genocide in Congo, China and Myanmar and oppression in Gaza. Nevertheless, simple economic hard ship is a terrible misfortune.

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EWN 6 - 12 October 2022 euroweeklynews.com FEATURE22
Pubs like the Moose and Banjo are once again fighting a battle for survival. David Worboys’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors
DAVID WORBOYS THINKING ALOUD Photo credit: Gear4music Spain Photo credit: Sportingjournal.com

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AC Benahavis continue winning form

THE second game of the sea son saw AC Benahavis host two walking football games against Competa on Satur day October 1. The first game was in the under 50s league.

The lead changed hands several times, however, it was the home side who ran out as eventual 4‐3 winners with two late goals. Rob Fitzgerald, AC Benahavis over 50s cap tain said “I’m proud to be a part of this great group, we continue to improve each week, the spirt within this team is incredible.”

The second game was a friendly match with Competa

fielding a mixed team. Bena havis won this game as well 6‐3. Both the games were refereed well and played in a good spirit. An interesting footnote is the number of penalties awarded for exces sive running offences!!

Meanwhile Viñuela 50s will open their league cam paign against the old enemy Malaga 50s today Thursday, October 6 at Campo Viñuela.

Nerja put in some training this week, looking forward to a double header away to Walking Dead next week

said Paul Mc Cormick.

Recently eight AC Bena havis members carried out

CRP and defib training at the Benahavis Town Hall. A suc cessful event underlining the importance of such training.

Steve Duffell of AC Bena havis is working towards a sponsored 20kg weight loss before the end of December. Steve has already lost 5kg, all sponsorship money, current ly standing at over €500 will go to local charity Darkness into Light. More info can be sound at https://www.face book.com/Darknessinto LightCostadelSol/ about this great charity.

Wolves manager out

BRUNO LAGE has been sacked as manager of En glish Premier League side Wolves. His departure came after the team lost 2‐0 to West Ham United in London on Saturday, October 1, which plunged the Molineux club into the relegation zone.

The former Benfica manager had only been in charge for 16 months, having replaced his fellow countryman Nuno Espirito Santo in the hot seat. Lage guided Wolves to a very credible 10th posi tion in the table last season. A poor run of form saw his side pick up just six points from eight games so far this season though, with only three goals scored.

A meeting took place which resulted in the Midlands hierarchy deciding to part company with the 46‐year‐old Portuguese boss. Under Lage, Wolves have made their worst top‐flight run since the 2011‐12 season.

Lage spent in excess of £100m in this summer’s transfer window. Among his new signings were Portuguese internationals Goncalo Guedes and Matheus Nunes, with the latter breaking the club’s transfer record at £38m.

Lage’s number was probably up after the fans started chanting ‘you don’t know what you’re do ing’, at the London Stadium on Saturday.

Speaking after the match, Lage said: “The only thing I can say is that I’m sorry about the situa tion.”

EWN 6 - 12 October 2022 euroweeklynews.com SPORT24 SPORT to read more SPORT scan this QR Code
BENAHAVIS MEMBERS: Undergo defib training. Big games ahead. Benahavis team logo worn with pride.

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