HIDDEN GEM
FRIGILIANA is no stranger to the global travel spotlight, but the town has once more made the coveted ‘Travel’ section of the international magazine, the National Geographic.
In a recent feature for the travel magazine, published on Friday, June 23, the town was described as Malaga’s “best kept secret”. With a Moorish inspired historic centre which repeatedly captivates the hearts of many travellers, it’s no wonder that Frigiliana continues to attract praise from prestigious publications like the National Geographic
The magazine highlights the town’s San Antonio church, with a bell tower that was previously a minaret in another nod to its historic Moorish civilisation.
National Geographic's fascination with Frigiliana extends beyond its historical sites, with the magazine also identifying its cuisine as unique, including dishes like ‘el choto’.
The town has already been recognised by the magazine several times this year, including earning a welldeserved place among its list of
AS of Saturday, July 1, a new parking system came into force in Almuñecar and La Herradura. New regulations have been introduced along the towns’ coastal promenades with the aim of improving parking infrastructure.
The Blue Zone system aims to improve signage and upgraded parking payment machines. Payments can now be made through the ‘parkinglibre’ app or by using a bank card.
The Blue Zone will remain active throughout the busiest period for the tourism industry, until Thursday, August 31.
The system also restricts parking to three hours per day between 11am and
Tourist hot spot
ALMUÑECAR has earned a welldeserved spot among Spain’s most popular tourist destinations.
According to a report released by Exceltur on Friday, June 30, the charming coastal town surpassed internationally famed destinations including Bilbao, Sitges, Santiago de Compostela, and Santander, securing a place in the top 100.
The report highlights the town’s strong economic and social ties to tourism, ranking it 67th in the country, an impressive fourth in Andalucia, and first in the Granada region.
Exceltur, an alliance of leading Spanish tourism companies, created the report to shed light on the local impact of tourism, including employment opportunities and the effects on the economy.
the town boasted a total of 14,507 rooms in hotels and other forms of accommodation.
This has a substantial impact on the local economy, generating 2,180 jobs last year (also ranking 67th nationally and 16th in Andalucia).
The report also highlighted the importance of tourism for the town’s economy, accounting for 57.4 per cent of its overall income.
Spain’s 100 most picturesque villages, back in January.
The news spells good news for the town’s economy in the run up to
the summer period, with bookings to the town likely to increase as a result of the publicity in the National Geographic.
Blue Zones
Under the new system, vehicle number plate information is now required when buying a ticket, in an effort to enforce the rules.
The Blue Zone covers various sections along the beachfront promenade, including Puerta del Mar, Velilla, Playa del Tesorillo and the Paseo Maritimo Andrés Segovia in Almuñecar.
Almuñecar’s success is likely due to the town’s large quantity of accommodation for tourists to stay in. In 2022,
This achievement places the town above other popular destinations including Marbella, Adeje, Lloret de Mar, and Tarifa.
3pm and again from 7pm until 10pm. Car parking users must display their
avoid a fine.
If drivers require assistance, the car park company can be contacted via email at info@iberpark.es
parking ticket on their vehicle’s dashboard to
AXARQUIA - COSTA TROPICAL • EUROWEEKLYNEWS.COM FREE • GRATIS Issue No. 1983 6 - 12 July 2023 Photo credit: Festival
3 Culturas
Frigiliana
FRIGILIANA: The town also has an incredibly vibrant culture.
THE BEST FINANCE NEWS ON PAGES 12 15
Photo credit: Ayuntamiento de Almunecar
The tourism industry is off to a good start thanks to several events.
Photo credit: Ayuntamiento de Almuñécar
The system affects various sites along the promenade.
Seaside equality
VELEZMALAGA is making waves with its newly upgraded accessible beaches and expanded assisted bathing services for disabled beach users. The town has transformed its coastline to cater to all beach lovers, with improved walkways, changing rooms, showers, wheelchairaccessible facilities, and relaxing rest areas.
Jesús Pérez Atencia, the deputy mayor, shared the exciting news on Monday, July 3, as he met with disabled beach users. Atencia said, “We’re proud to announce the upcoming season’s services, focusing on adapted bathing and accessible beaches. Our goal is to ensure that our beaches are inclusive for everyone.”
The town’s commitment to accessibility has not gone unnoticed. The State Representative Platform for Physically Disabled People (PREDIF) and ONCE (Spanish National Organisation for the Blind) have both praised Torre del Mar, La Caleta de Velez, and Benajarafe’s accessible beaches.
These improvements have been underway since 2015, with Torre del Mar, Benajarafe, La Caleta, and Valle Niza now offering services for disabled people. In addition to the facilities, equipment including amphibious chairs, crutches, walkers, life jackets, and Braille information panels are all available for disabled beach users.
Sailor’s serenade
Betty
Henderson
FROM Thursday, July 13 until Sunday, July 16, La Herradura will pay tribute to the Patron Saint of sailors with the Virgen de Carmen celebrations.
The celebrations are set to feature a concert by Andalucian musical legends, Triana, as well as a vibrant procession through the town and into the sea. The event’s exciting programme was launched by councillor and the deputy mayor of La Herradura, Daniel Barbero on Monday, July 3.
Barbero explained that this year’s celebrations will kick off with a special event dedicated to local businesses called ‘La Herradura Fashion Night’. The fashion show returns to Calle Principe after receiving excellent reviews and plenty of public support last year.
The programme also includes activities for chil
dren and families, including a family cinema event, a foam party, open air traditional dance performances, and a spectacular firework display.
Adding to the fabulous line up, the flamenco artist Rafael Muñoz ‘El Niño del Cerval’ will grace
Tour de Force
ALMUÑECAR is rallying behind their very own cycling prodigy! Cycling sensation Carlos Rodríguez Cano rolled out with the peloton in the first stage of the Tour de France in the Basque Country on Saturday, July 1.
Part of the INEOS Grenadiers team, Carlos is set to showcase his immense talent and determination in the world’s most famous stage race.
Local authorities in Almuñecar showed their support for the star, bringing out flags and t shirts to cheer him on as the race began.
the stage after the procession in honour of the Virgin Mary.
“These celebrations have been desgined to be enjoyed by residents and visitors, bringing life to La Herradura’s summer nights,” explained Barbero.
The mayor of Almuñecar, Juan José Ruiz Joya, was one of the council members wishing Rodríguez Cano good luck. He showed up wearing a tshirt saying “After proudly watching him in last year’s Vuelta a España last year, we will be cheering him on from a distance over the coming days. We are wishing him the best of luck in this race, we are all sure to follow the race closely!”
Rodríguez Cano’s remarkable rise on the elite cycling scene has caught the attention of the community, making his participation in the legendary race a dream come true.
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Photo credit: Ayuntamiento de Almunecar
The councillor for Tourism unveiled the programme.
YOUR
Paw power
CALLING all Torrox dog lovers! TAIL Animal Rescue are seeking volunteers to help walk some of their 70 dogs. Register with the shelter to take one or more of their dogs out for some exercise with no longterm commitment required.
Craft delights
RINCON DE LA VICTORIA’S Night Market has reopened! The market boasts 35 unique stalls offering a treasure trove of crafts and gifts along the Virgen del Carmen promenade. The market is open every day from 8pm12am until Friday, September 15.
Mane event
ONE Nerja resident, Peter Cody, will shave his long locks off on Friday, July 21 in aid of Axarquia Animal Rescue. He was persuaded into the fundraiser by his partner Aisling who has helped to set up collection tins around Nerja.
Torrox treasures
TORROX’S guided tours return for the summer today. Guests can discover the town’s rich history, led by expert Salvador Márquez. Guests can sign up at tourist offices or info points. Call 952 530 225 or email turismo@torrox.es for details.
Food drive
LUX MUNDI has relaunched their food drive in Torre del Mar, to help families struggling over the summer holidays. Urgent donations are needed of food essentials including milk, rice, tuna, oil, cereal, sugar, and pasta. Contact Lux Mundi to donate.
Pyramid peril
INVESTIGATORS from the National Police uncovered a criminal ring operating a pyramid scheme out of Rincon de La Victoria. Prosecutors claim that the gang defrauded 50,000 people out of more than €40 million in an online scam.
Betty Henderson ALMUÑECAR Council announced on Monday, July 3 that the renewal period for the popular Urban Transport Card is now open to the public.
The card, which is also known as the ‘M65 Card’, allows residents aged 65 and above, and all pensioners in Almuñecar and La Herradura, to travel for free on the town’s public transport network.
Last year, the council joined forces with Grupo Fajardo, the company who runs the local public trans
port system, to make this initiative a reality. Together, the collaboration aims to provide access to free
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Photo credit: Ayuntamiento de Almunecar
public transport for older people, pensioners, and disabled people who are registered as residents of
Almuñecar.
To renew an M65 card, residents can visit: https://almunecar.sedelec tronica.es or by visiting the Citizen’s Assistance Centre (OAC) located at the council’s offices. New cards can be collected from the Grupo Fajardo office at Almuñecar Bus Station up to three months after renewal.
Residents who renew their cards will benefit from 365 free trips per year, with convenient and costeffective travel guaranteed until December 31, 2024.
Ace-ing it Rising stars
IN a major educational advance for Nerja, the Spanish Youth Institute handpicked and featured Nerja’s prestigious International Youth Day event in their catalogue for the 2023 Redsij Local Youth Experiences Programme.
Nerja’s inclusion in the exciting initiative was announced by Daniel Rivas, the local councillor for Youth on Thursday, June 29.
Nerja’s International Youth Day celebration has been delighting audiences since 2012. The celebration takes place annually on August 12 at the town’s Plaza de los Cangrejos. Now, with its inclusion in the
exclusive catalogue, this event will serve as an example for towns and cities across the country Rivas explained.
This extraordinary initiative puts a spotlight on the talents of local artists, aged between 14 and 35, through a vibrant array of performances. From mesmerising dance routines, theatre acts and poetry recitals, to spellbinding magic shows, unique exhibitions, and hilarious monologues, guests are treated to a fantastic display of creativity.
Nerja’s initiative now features on the Youth Institute of Spain’s website in the ‘Youth Creation and Art’ section.
ALMUÑECAR will be in the sporting spotlight this weekend as it hosts the Andalucia Under 23 Padel Championship from Friday, July 7 until Sunday, July 9.
The tournament, also known as the José Manuel Hidalgo López Memorial Championship, will feature 70 young players competing in various categories. Thirtyfive to 40 pairs will also take to the court to test their skills against other athletes from across Andalucia.
Stakes will be high in the contest, thanks to a prize pool of €15,000 which is shared
Canvas of compassion
ART and charity are coming together in a unique exhibition currently on display in Nerja. The exhibition, which opened at Nerja Municipal Art Gallery on Friday, June 30, is raising funds for the Red Cross.
Showcasing a diverse collection of 45 magnificent artworks created by 15 talented painters, the exhibition will raise funds and awareness for the work done by the local Red Cross group.
An opening ceremony for the exhibition was attended by important local guests, including Ana María Muñoz, the councillor for
Strings of joy
THE summer holidays are here and La Herradura is offering some exciting activities to provide some entertainment for the little ones. This includes the town’s Puppet Festival which is set to return from Thursday, July 20 until Sunday, July 23. Admission is free to each of the shows which begin at 10pm due to the hot summer weather.
equally between male and female categories.
The tournament will kick off on Friday, July 7, in the afternoon, with matches scheduled for Saturday morning and afternoonevening, organised strategically to avoid the hottest times of the day.
The grand finals will take place on Sunday and all are invited to watch and support players. The weekend’s matches will take place at facilities across the town including the Francisco Bonet sports stadium, the Río Verde Complex, and the La Herradura municipal courts.
Shows include ‘Ritmos animalescos’ on Friday, July 21 by the renowned Valencian puppet company, Fábrica de Paraules, and ‘Peneque y Fu Man Chi’ which will be performed on Sunday, July 23.
The deputy mayor, Daniel Barbero shared his excitement for the event. He also highlighted that La Herradura is offering a variety of family activities over the summer after recently being awarded the ‘Family Tourism’ award by the Spanish Federation of Large Families (FEFN).
Culture, and Damian Toboso, the president of the Red Cross in Nerja. The Charity Painting Society, a nonprofit association whose members created the works on display in the exhibition, received praise for their work and thanks for their contribution to the initiative.
The exhibition is currently open for viewing from 11am to 2pm and again from 6pm until 10pm. Visitors are asked to give a donation as a token of their appreciation for the art work, which will help support the local Red Cross.
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A ticket to ride
Happy residents with their M65 free transport pass.
Soundwaves and sun
AXARQUIA’S biggest festival kicked off on Wednesday, July 5. The fourday extravaganza has brought together music lovers from across the nation and further afield in Torre de Mar.
Speaking just before the festival got underway, the deputy mayor of Torre del Mar, Jesús Pérez Atencia shared his excitement, “We’re here at the iconic Weekend Beach venue in Torre del Mar, just before one of the biggest music festivals in southern Spain kicks off. This remarkable event has truly transformed Torre del Mar and the entire VelezMalaga area, also boosting tourist numbers.”
Atencia also discussed some of the biggest pull factors of the festival, including its reputation for sun, sand and incredible music by globallyrenowned artists.
Beach zen
The councillor for Tourism, Alicia Ramírez said, “We embarked on this journey nine years ago, with a bold move to provide quality entertainment for people of all ages in our town.”
Festival representative, Fátima Rodríguez highlighted the festival’s diverse and contemporary lineup, designed to offer something for music fans of all genres.
PREPARE for a summer of wellness and serenity as yoga and pilates classes return to the picturesque beaches of Torre del Mar and La Caleta de Velez.
The deputy mayor of Velez Malaga, Jesús Pérez Atencia, announced the return of the invigorating classes, organised by the council, on Monday, July 3.
History comes alive
YOU would be forgiven for thinking you walked through a time machine into the 18th century in the town of Macharaviaya on Saturday, July 1. The town celebrated its historical links with the US with an incredible Independence Day party.
The village celebrated Bernardo de Gálvez, born and raised in Macharaviaya, but also an American Civil War hero.
To commemorate Gálvez’s contributions to the Civil War, Macharaviaya organised a reenactment
PROVERB OF THE WEEK
of the Battle of Pensacola this year, enlisting the help of local history groups. Guests from across the region joined in, dressing in period costume, including a group from Nerja Council.
This year’s celebrations were dedicated to the state of Texas, with a special delegation from the state attending. The historical reenactment was followed by an incredible firework display.
Around 4,000 people joined in the celebrations on Saturday, a mean feat for a town with just 500 residents throughout the rest of the year.
“Actions speak louder than words”
Means that what someone actually does means more than what they say they will do. This saying has been traced back to a sermon in 1200, first quoted by St Anthony of Padua.
Atencia urged residents to take advantage of the classes which are led by talented and trained instructors and also allow participants to bask in the beauty of Axarquia’s coastline.
The classes began on Monday, July 3 and will continue throughout July and August. “We’ve listened to the wishes of our community,” Atencia added, “and we’re excited to provide yoga and pilates sessions that will enrich your beachside experience.”
Pilates classes will be held on Torre del Mar’s beaches on Mondays, Wednesdays, and Fridays from 8.30am to 9.30am at the Playa Senior area. Yoga enthusiasts can enjoy classes at the same time on Tuesdays and Thursdays.
In La Caleta de Velez, pilates classes are scheduled for Mondays and Wednesdays from 8pm to 9pm, while yoga sessions will take place at the same time on Tuesdays and Thursdays.
Photo credit: Ayuntamiento de Velez-Malaga
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Authorities visited the set before the festival began.
75.6 million visitors to Spain in 2022.
Wave of success
Betty Henderson
THE coastal town of Torrox is celebrating as its beautiful beaches now proudly display two Blue Flags, setting new standards for beach and ocean excellence and sustainability.
Torrox’s mayor, Óscar Medina, Gemma del Corral, the regional government representative for Tourism, Culture, and Sports, and Mari Ángeles España, a local councillor, raised the prestigious Blue Flags on Ferrara and El Morche beaches on Monday, July 3.
The flags were awarded at the start of May, but have just arrived. The Blue Flag certification, recognised worldwide for its topquality standards and accessibility, symbolises the commitment of Ferrara and El Morche beaches to meeting strict criteria. Del Corral applauded the mayor’s determination in maintaining the Blue Flag at Ferrara beach and regaining the flag for El Morche in 2021, after previous administrations lost the award.
SUMMER is sweet in Torre del Mar thanks to a brandnew chocolate exhibition. Álvaro Romero, a local master chocolatier has unveiled his latest creation, a mesmerising exhibition featuring the iconic landmarks and buildings in Paris.
Romero’s creation brings to life a range of landmarks from
She also highlighted the challenges of obtaining and maintaining the prestigious Blue Flag award, congratulating residents and visitors for their efforts in protecting the environment. Medina thanked everyone who made the award possible and shared his vision for a summer where Torrox flies three Blue Flags. His goal is for El Peñoncillo beach to receive a Blue Flag.
Sweet rendezvous
the French capital. Chocolate replicas of the River Seine, an impressive Eiffel Tower, the renowned Louvre Museum with its glass dome, and even the magical castle of Disneyland Paris all have their place in the exhibition.
The exhibition will remain open at the ChocoExpo shop on Calle Princesa in Torre del Mar until September 30, tempting summer visitors to a sweet treat. The chocolate shop is a mustsee stop for any chocoholics in the region!
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PROUD: The mayor unfurled Torrox’s latest Blue Flags.
Photo credit: Ayuntamiento de Torrox
Hamper raffle
THE UnderDog Animal Rescue Shelter is making a buzz once again with the return of their popular vegan hamper raffle.
Following the success of their previous hamper raffle in February, organisers want to reach a target of €1,100.
Full steam ahead
Betty Henderson
ALL on board! Rincon de La Victoria’s iconic tourist train returned on Thursday, June 28 with a brand new route around the town.
Members of the local council joined forces with figures in the tourism industry, including the tour operators and tourist train drivers to welcome the train back to the town.
This is the second year that Rincon de La Victoria has had the tourist attraction, thanks to a successful inaugural year in 2022. Last year, the train was used by more than 15,237 passengers.
The town’s mayor, Francisco Salado
headed out to see the train as it made its first journey on Thursday and praised it as an alternative and immersive experience, offering tourists the chance to see the town from a different point of view, on the rails.
Salado also spoke about the benefits of the train for the town’s vibrant tourism industry, highlighting the unique form of transport which sets the destination apart from other nearby towns or cities with tourist buses.
This year, the train route boasts eight different stops throughout the town and the coastline, including a new stop at Villa Antiopa historical site.
This hamper is filled to the brim with treasures which one lucky winner will receive. Prizes include a €50 voucher for a meal at Mimo Restaurant in Malaga and a
tshirt designed by the talented Becky Power, and two boxes of delicious chocolate by BoojaBooja.
It also includes mouthwatering chocolate brownies, a rejuvenating back massage by Frigiliana Wellness, and a stunning olive wood bowl by J T Artisan.
Organiser Hayley Stout launched the raffle on Facebook, thanking generous supporters who donated prizes.
Tickets can be purchased via the UnderDog Facebook page. Supporters can also buy tickets at the Trapiche Market on Tuesdays from Andrea at the book stall. One ticket costs just €2 and the grand draw is set to take place on Sunday, July 16.
Funds are currently low due to the expenses of keeping their many cats and dogs hydrated, healthy and wellfed, so every donation is valued immensely.
Visit the Alpujarras
ON Thursday July 20 Lux Mundi have organised a coach excursion to the ‘Alpujarras’, a Natural Park of the Sierra Nevada. There will be a stop for refreshments on the way before arriving in the village of Trevélez at around 10.30. This is the highest village in the Sierras with stunning views and it is famous for its ham. Here there is free time before leaving at 12.30 for the short drive to Pampaneira. Again there are spectacular views of the Sierra Nevadas and to the coast. There will be free time for lunch, and to visit the many craft shops selling ceramics, leather and clothes.
The coach will leave at 16.00 for the short drive to Lanjaron, famous for being a health spa and its bottled water, the first ever in Spain. There will be free time to explore until 18.00. Arrival back in Torre del Mar at approx. 19.00. Tickets from the Centre price: €20 with a Friend of Lux Mundi Card / visitors €18. Departure times: Torre del Mar (Bus station) 07.45, Caleta (Opposite Vets) 07.50, Algarrobo (Lidl) 08.00.
For further information please contact the centre in Torre del Mar, 952 543 334 or email lux mundi@luxmundi.org.
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NEW ROUTE: Rincon de La Victoria’s tourism industry is ready for summer.
Photo credit: Ayuntamiento de Rincón de La Victoria
€852k of fake oil
AN investigation by police has uncovered a gang of fraudsters selling fake olive oil.
The Guardia Civil released a report on Friday, June 30 in which more than 143,000 litres of oil being sold as extra virgin in Sevilla had been seized, with eight of the scammers questioned by the investigators.
Operation ‘Giraoliva2se,’ was launched by police in which eight people were investigated for the alleged crimes of fraud, against the market and consumers, and industrial property. In addition, more than 143,000 litres of oil sold as extra virgin olive oil, but was, in fact, a mixture of seed oil and pomace oil, have been seized.
Last March the Spanish Agency for Food Safety and Nutrition (AESAN), announced a health alert when they discovered a series of
irregularities owing to the lack of reliable traceability and health guarantees in some brands of oil.
An investigation began after it was found the oil was distributed with a label that had been removed and a bar code that did not correspond to it.
The oil was being marketed all under the guise of extra virgin olive oil (EVOO), using different social and legitimate addresses, as well as prices which were significantly below the market price.
Investigating officers located two warehouses in which the oil could be bottled and labelled. During the searches, the officers also found two tanks containing seed oil, machinery for mixing and packaging, as well as a computer and a label printer.
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ALL FAKE: Officers found warehouses where they bottled the oil.
Farmacia that serves beer
John Ensor
VISITORS to a ‘Farmacia’ in Granada often get a surprise when they enter, as the cures it offers aren’t what they expect.
For years the expression ‘purely medicinal’ referred to a humorous term for people to justify their drinking habits, now it seems a certain establishment in Granada has taken it one step further, according to a news source on Wednesday, June 28.
‘Farmacia’ in Granada is actually the name of a bar, a controversial idea dreamed up by the owner, that has been a huge success.
As expected, unsuspecting customers often go in, especially as the Farmacia logo is very similar to the real thing. Adding to the confusion too is its location: number 10 Calle San Pablo, next to the NeuroTraumatology and Rehabilitation Hospital.
As visitors often find out, this peculiar bar in Granada serves ‘breakfast and tapas’ but does not sell antibiotics or any medicine for that matter.
Despite visitor’s confusion it seems to be a successful business ploy. Its owner Juan Vicente, said “many people go in to buy some medicine and are surprised.” When they realise their mistake “they find it funny, and they stay anyway” to have a drink.
Fishing boat crew rescued
THE 15man crew of a Galician fishing vessel had to be rescued on Sunday, July 2, after a fire broke out on board.
It started in 2018 when he decided to open this “different” bar. ‘“t coincided just when they brought the hospital back to where it was before. We wanted a slightly edgy name and, while we were renovating the premises, we thought of this one because of where it is,” Vicente recalls.
Since its opening, it has proved to be a success. Some of the regulars have even named their favourite tipple ‘cervecetamol.’ Vicente’s latest plan is to give pharmaceutical inspired names to dishes on the menu.
‘Farmacia’ prides itself in local gastronomy with homemade meals : ‘Family cooking, that is, what one can prepare at home, that’s what we serve.’ From meat in sauce to fried fish. Visiting doctors often thank him for ‘making hospital stays more bearable.’
There were no reports of any injuries after the incident in the Gran Sol. The sailors from the Nuevo San Juan fishing boat based in the Lugo town of Burela were rescued by another fishing vessel, the Nuevo Confurco.
As soon as the blaze broke out the 15 crew members abandoned ship and took to the lifeboats. While they were rescued safe and sound, material possessions were regrettably lost in the incident. The longline trawler was 31.5 metres in length and specialised in fishing for hake.
Maritime Rescue confirmed it received a distress call at its centre in Fisterra from the Nuevo San Juan reporting a fire on board.
At the time of calling, the vessel was located in the British SAR zone they explained.
Using this information, Salvamento informed its counterpart in the United Kingdom, which diverted several vessels to the area.
Although it was too early to pinpoint the exact cause of the fire, initial indications pointed to a short circuit in the Galician ship’s wiring.
In statements to FARO, the manager of the Puerto de Burela Fishery Produc
ers Organisation to which the burned ship belongsassured that the fire occurred when the ship was en route from French to Irish waters, its last reported location.
According to reports, the fire on board the Nuevo San Juan was left to burn as no extinction work took place, it was a case of simply controlling the direction it was heading. The ship was likely to explode once the flames reached its fuel supply, unless it sank first.
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FARMACIA: Visitors often are surprised.
ABLAZE: The Nuevo San Juan fishing boat on fire.
Credit: Twitter@oppburela
€170,000 Lost to scammer
A WOMAN from Granada has been scammed for thousands of Euros after she thought she was in a relationship with American film star Brad Pitt.
A story emerged on June 29, of how a middle aged woman lost a huge sum of money after the fraudster, posing as the movie heartthrob, offered her a film part, according to a news source.
The resident of Granada filed a legal complaint after alleging she was the victim of a scam of at least €170,000 by a confidence trickster who pretended to be the American actor Brad Pitt.
The victim, who has reported the case, thought she was in a relationship with the actor. Following a promise to shoot a film with her, the scammer then started asking her for money.
According to the lawyer who is representing the middleaged, childless woman, the victim genuinely believed she was in a relationship with him.
The series of events leading up to the theft began in early 2022, when through the social network Facebook,
she contacted a fan club of the actor. Thus began a series of continuous interactions that led her to believe she had made direct contact with Brad Pitt himself. The lawyer said that over time the scammer gradually gained her trust.
Things progressed to the point they became friends, leaving the woman convinced the actor had fallen in love with her, in a romantic online relationship. The per
son posing as the actor promised to come to Spain and shoot a film together.
As the ruse continued the fraudster began to demand different amounts of money, in order to pay for the production costs.
Once the woman came to realise the truth, she sought legal help. Herlegal representative said that the amount of money swindled could be higher than initially estimated.
New season of Imserso trips
PENSIONERS in Spain have finally received the green light to apply for the new season of Imserso trips.
On Monday, June 26, Ione Belarra, from the Ministry of Social Rights, announced that applications were now being taken to participate in the new season's programme. A total of 886,269 places are available for the 202324 season which is scheduled to start in October and continue until June 2024.
These trips are available to apply for until July 25. Preference will be given to pensioners who have not experienced one of the trips before. Access to the database can be made via the internet through the Imserso Electronic Office. Once the online application form is completed, it can be submitted via the program’s telematics or in a stamped envelope, not by registered mail, to the address of the Imserso Tourism Program, at PO Box 10.140, 28080 Madrid.
As specified by the Official State Gazette (BOE), anybody residing in Spain who meets the following requirements can apply for an Imserso trip.
These are:
• A retired pensioner or a widow pensioner aged 55 or more, or a pensioner for other reasons of the Spanish Social Security system or the recipient of unemployment benefits or subsidies, aged 60 years or more.
• Be insured or a beneficiary of the Spanish Social Security system, aged 65 years or more.
• Spaniards residing abroad will also be entitled to apply, as long as they are retirement pensioners of the Spanish Social Security system.
• Spaniards of emigrant origin who have since returned to Spain, provided they are pensioners of the public social security systems of the country or countries to which they emigrated.
Applicants may also be accompanied by their spouse or, where appropriate, by a commonlaw partner or person with whom a stable and cohabitation union is established.
They may also be accompanied by children with disabilities, provided they travel with their parents and stay in the same room or, where appropriate, pay the single room supplement.
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CREDIT: DoD News Features/Creative Commons Attribution 2.0
BRAD PITT: The scammer pretended to be the film star.
Graham Norton to host old game show
ONE of British Television’s iconic shows is set to return to the screen after a 23 year break, with Graham Norton as its host.
It was announced on, June 27, that Graham Norton is to host TV favourite Wheel Of Fortune in eight episodes which will include two
celebrity specials, according to ITV.
The 60yearold Irish presenter and comedian admitted he was “beyond excited” to bring back the programme, an incredible 23 years after it was last seen in the UK.
Bafta award winner Norton, whose real name is Graham Walker
said: ‘“My first ever TV job was a game show on ITV so this feels like coming full circle.” Before adding: “You might even call it a wheel!”
The game’s format was originally devised in the US and was later adapted for British viewers where it was first launched by ITV in 1998. It
NEGOTIATIONS have been ongoing for a prolonged period of time now between the United Kingdom and Spain about who should control the borders of Gibraltar, even before the Brexit agreement was passed through, and that subsequent deal has seemingly made things a lot more difficult to discuss.
Gibraltar is indeed selfgoverned but the territory is owned by the United Kingdom, meaning that any defence required would be provided by the UK due to them having the overall control of the country.
Spain are still very keen on Gibraltar being returned to them as it is part of their territory, but with the United Kingdom having captured and
was last aired on in 2001.
Its past presenters included Nicky Campbell who first hosted the show, followed by Bradley Walsh, John Leslie and Paul Hendy.
Back in the day it featured ‘glamorous assistants,’ Angela Ekaette, Carol Smillie, Jenny Powell and Terri
Seymour.
Head of Entertainment Commissioning at ITV, Katie Rawcliffe, said: “We are thrilled to have the muchloved Graham Norton bringing this iconic game show to our viewers.”
The new Wheel Of Fortune is set to return to ITV and ITVX in 2024.
Ongoing issue
conquered it for a long period of time, they are seemingly fighting a losing battle.
Negotiations regarding the status of Gibraltar have been in limbo since the Brexit agreement was passed as it meant the highly soughtafter territory was no longer part of the European Union.
It appears the key sticking
point in any sort of negotiations is centred around Gibraltar airport with the Spanish apparently demanding they can have control of it, something that is not even up for debate from the United Kingdom’s perspective.
Around 30,000 people are said to cross the GibraltarSpain border every single day,
with 15,000 of them said to be workers that reside in Cadiz – which is Spanish territory – which has forced Madrid and Gibraltar to try and loosen restrictions and border control.
The Spanish are said to believe that for any sort of agreement on free movement to be found between Gibraltar and Spain, the latter should have the freedom to control both the port and airport, which would require Spanish border officers to be deployed into Gibraltar.
The Spanish government believes that the ball is firmly in the UK’s court, but despite both parties not wanting to make it more difficult to cross the border, nobody wants to give up any sort of territory.
EWN 6 - 12 July 2023 euroweeklynews.com NEWS 10
AIRPORT: Has become the sticking point.
shutterstock
BUSINESS EXTRA
Booted out
EDINBURGHBASED Hunter, maker of wellingtons worn by royalty, celebs and festival goers, went into administration with debts of more than £100 million (€115.8 million). Problems began after production moved to China, with devotees claiming that the quality and durability of the boots immediately plummeted.
Up and down
LOW productivity, a large external debt and public sector indebtedness were the Spanish economy’s principal weaknesses at present, the Spain’s General Council of Economists said. The country’s strengths included the competitiveness of the foreign sector and the “relative health” of the economy’s private sector, the experts said.
Not Brexit
COVID and not Brexit was to blame for the inflation crisis said Bank of England governor, Andrew Bailey, in a sideswipe at his predecessor Mark Carney’s theory. Bailey pinpointed the pandemic as the key problem, as workers who left the jobs market had apparently not returned, shrinking the UK’s labour force.
Legal drama
A BARCELONA court ordered the Ministry of Justice and Catalonia’s regional government to pay a court employee €46,581 in compensation for workrelated stress. She had suffered for years owing to lack of coordination caused by ongoing confrontation between a judge and the clerk of the court, the tribunal ruled.
Stores closing
BOOTS will close 300 stores across the UK over the next year as conjecture grows regarding a possible breakup by its US owner. The retailer said it intends to reduce its stores from approximately 2,200 to around 1,900 although insiders said that the retailer did not foresee making any redundancies.
Linda Hall
JEREMY HUNT, Chancellor of the Exchequer, signed an agreement on financial services regulations with the EU’s Financial Services commissioner Mairead McGuinness on Tuesday June 27.
“This will help to establish a constructive, mutually beneficial relationship between the UK and the EU in financial services,” the Treasury announced.
The Memorandum of Understanding was an important step in postBrexit relations as around 44 per cent of the £11 trillion (€12.7 trillion) of assets managed in the UK in 2020 related to international investors, including the EU.
Hunt’s was the first visit
STAT OF WEEK €1.67 billion
went to Endesa shareholders who received €1.6 per share pre-tax, although the largest dividend went to Italian power company Enel which owns 70 per cent of the company.
UK-EU turning point
jor financial sector partners including the US, Japan and Singapore.
“The UK and EU’s financial markets are deeply interconnected and building a constructive, voluntary relationship is mutually beneficial to us both,” Hunt said.
Dia deal hopes
DIA hopes to go ahead with plans to sell its Clarel perfumery business.
Last December, the supermarket chain announced a deal with private equity fund, C2 Private Capital, transferring 1,015 Clarel shops and three distribution centres in return for €60 million, including €10 million of net debt.
from a UK Chancellor in more than three years and McGuinness said Brussels and London had “turned a page” in their relationship.
Both sides will share information, work together towards meeting joint challenges and coordinate posi
tions, where appropriate, on issues ahead of G7, G20 and other international meetings, the Treasury explained.
The memorandum adds to the UK’s growing number of regulatory cooperation arrangements with ma
“The UK’s financial services sector is a true British success story,” the Chancellor added.
“Together with the related professional services sector it was worth £275 billion (€318.8 billion) last year, making up an estimated 12 per cent of the British economy.”
Orange-MasMovil concerns
THE European Commission announced its preliminary view that the OrangeMasMovil merger could reduce competition and lead to price increases.
Orange and MasMovil are Spain’s second and fourthlargest providers of retail mobile and fixed internet services in Spain, the Commission pointed out.
“There are four mobile network operators active in Spain: Telefónica, Vodafone, Orange, and MasMovil,” the statement continued. “There are also several mobile and virtual operators which use network operators’ infrastructure to offer services to consumers.”
The Commission opened an indepth
Deep waters
THE UK government and water regulator Ofwat have drawn up contingency plans for the collapse of Thames Water.
Fears have grown that Britain’s biggest water company cannot survive owing to its £14 billion (€16.18 billion) debt.
Ministers and Ofwat discussed the possibility of placing Thames Water into a special administration regime (SAR) by taking the company into temporary public ownership.
In a statement to the stock market, Thames Water said it had received £500m (€577.8m) of an expected £1 billion (€1.15 billion) in new funding from shareholders in March. It continued to work constructively with them, it added.
investigation which included, amongst other issues, analysing internal documents provided by the two phone companies and gathering views from competitors, suppliers and customers.
Spain’s top 10
INDITEX is once again Spain’s bestrespected company, according to corporate monitor Merco.
The multinational, which is headquartered in Arteixo (Galicia) and owns Zara amongst other labels, headed the list for 10 consecutive years until 2022 when it was overtaken by Mercadona.
The supermarket chain returns to second place, ahead of Grupo Social Once, the organisation for the blind, and Repsol, which rose two places to fourth position.
Insurance company Mapfre remains in fifth place, followed by Telefónica fourth last year but now sixth.
Coca Cola moves up one place to be ranked seventh, while Ikea goes down one place to eighth position.
Santander has now entered the top 10, moving up from 11th to ninth place, with new arrival Mahou San Miguel, now ranked 10th compared with 13th in 2022.
MasMovil and Orange announced their intention of merging in a 5050 joint venture valued at €18.6 billion in July 2022. Both companies count on obtaining clearance from the Commission’s Competition authorities in the second half of 2023, launching the merged company between 24 and 42 months later.
The Commission announced at the end of June it was concerned that reducing the number of network operations in Spain would “eliminate a significant competitive constraint and innovative rival” in the Spanish retail markets for mobile telecommunications services.
Action plan
THE Financial Action Task Force (FATF) commented recently that Gibraltar continued to make headway on its action plan.
The global moneylaundering and terrorist financing watchdog also called on Gibraltar’s government to address ‘strategic deficiencies’ in financial regulation.
In response, the government emphasised that it was working tirelessly to complete the action plan at the earliest opportunity.
“Only one substantive action point remains pending,” a government statement announced.
“The government is totally committed to this process, and all supervisory and other authorities continue to work with FATF to demonstrate our compliance,” the communique declared.
The agreement will have a €22.5 million negative impact on DIA’s income although chief executive Martin Tolcachir maintained the sale was a strategic move. “We want to focus on what we do best: local food distribution,” he said.
Speaking on June 27, Tolcachir said the transaction, was expected to be completed this year.
Fair shares
REVOLUTION BEAUTY, ‘affordable’ make up brand, gave bosses 11 million shares although shareholders voted them out.
Chief executive Bob Holt, finance chief Elizabeth Lake and other senior executives will receive more than 11 million shares between them, worth almost £3 million (€3.4 million) based on the company’s share price on June 28.
The handout was the outcome of restoring the firm’s listing after an accounting scandal resulted in its suspension from the stock market.
Holt and Lake, together with chairman Derek Zissman who was also sacked have now been reinstated.
Sales growth
ASSOCIATED BRITISH FOODS (AFB), announced that sales rose by 16 per cent to £4.7 billion (€5.4 billion) in the three months ending on May 27.
The group, which owns Twinings and Ovaltine as well as Primark, said the fast fashion chain’s sales had increased by 13 per cent to almost £2 billion (€2.3 billion) during the same period.
Primark’s sales growth were “supported by higher average selling prices” as retailers continued to raise selling price owing to increased production and supply chain costs, AFB said.
euroweeklynews.com • 6 - 12 July 2023
IMPORTANT STEP: Jeremy Hunt and Mairead McGuinness sign Memorandum of Understanding.
ORANGE: One of Spain’s principal mobile operators.
Photo credit: HM Treasury
FINANCE 12
Photo credit: Orange Media
DOW JONES
3M 100,09 100,40 5,08M American Express 174,20 175,09 173,33 3,35M Amgen 222,02 223,11 221,01 2,78M Apple 193,97 194,48 191,26 84,05M Boeing 211,16 213,24 209,38 5,47M Caterpillar 246,05 246,93 243,89 2,37M Chevron 157,35 157,92 156,60 6,32M Cisco 51,74 52,26 51,52 17,76M Coca-Cola 60,22 60,35 59,87 19,57M Dow 53,26 53,59 52,99 4,16M Goldman Sachs 322,54 326,03 322,45 2,35M Home Depot 310,64 311,43 308,30 3,22M Honeywell 207,50 208,49 206,81 2,99M IBM 133,81 135,03 133,43 4,19M Intel 33,44 33,56 33,16 33,42M J&J 165,52 165,94 164,35 7,55M JPMorgan 145,44 146,00 143,66 13,93M McDonald’s 298,41 299,10 294,89 2,64M Merck&Co 115,39 115,61 113,43 7,93M Microsoft 340,54 342,73 337,20 26,22M Nike 110,37 112,25 109,80 19,49M Procter&Gamble 151,74 152,07 149,79 7,02M Salesforce Inc 211,26 213,85 210,96 5,96M The Travelers 173,66 174,04 171,46 1,20M UnitedHealth 480,64 482,10 475,12 3,93M Verizon 37,19 37,25 36,85 19,06M Visa A 237,48 238,28 235,95 6,87M Walgreens Boots 28,49 28,63 28,24 12,84M Walmart 157,18 157,53 154,78 6,27M Walt Disney 89,28 89,60 88,61 12,76M InterContinental 5.492,0 5.518,0 5.468,0 20,61K Intermediate Capital 1.392,50 1.402,00 1.377,00 16,02K Intertek 4.279,0 4.283,0 4.254,0 13,27K ITV 68,76 69,04 67,80 96,00K J Sainsbury 271,50 271,90 269,90 47,57K Johnson Matthey 1.757,0 1.761,0 1.747,0 4,55K Land Securities 579,80 582,80 575,20 19,78K Legal & General 228,71 230,00 228,10 252,79K Lloyds Banking 44,16 44,36 43,88 4,88M London Stock Exchange 8.354,0 8.358,0 8.294,0 23,63K Melrose Industries 503,21 508,20 503,21 69,21K Mondi 1.209,50 1.213,50 1.202,93 51,71K National Grid 1.047,50 1.047,50 1.041,00 175,00K NatWest Group 244,40 245,60 241,80 642,14K Next 6.946,0 6.966,0 6.894,0 20,22K Ocado 571,20 573,59 564,60 79,89K Persimmon 1.035,5 1.037,5 1.027,8 44,09K Phoenix 536,60 538,22 533,60 56,52K Prudential 1.115,00 1.123,00 1.114,00 135,14K Reckitt Benckiser 5.944,0 5.958,0 5.904,0 39,41K Relx 2.625,00 2.630,00 2.616,84 90,85K Rentokil 615,00 615,60 611,00 192,74K Rightmove 524,20 525,80 522,60 91,33K Rio Tinto PLC 5.063,8 5.078,0 5.043,0 87,32K Rolls-Royce Holdings 151,65 152,00 150,85 626,01K Sage 926,00 928,20 921,50 31,79K Samsung Electronics DRC 1.391,00 1.395,00 1.390,00 0,60K Schroders 438,8 439,8 436,6 26,23K Scottish Mortgage 667,97 670,68 667,40 137,43K Segro 717,60 722,00 714,00 62,58K Severn Trent 2.553,0 2.562,0 2.526,0 21,13K Shell 2.382,0 2.386,5 2.350,0 797,96K Smith & Nephew 1.230,50 1.264,50 1.228,00 198,75K Smiths Group 1.648,00 1.650,00 1.641,00 10,49K Spirax-Sarco Engineering 10.350,0 10.395,0 10.325,0 2,72K SSE 1.855,50 1.855,50 1.842,20 34,35K St. James’s Place 1.093,00 1.097,50 1.087,25 17,20K Standard Chartered 689,80 693,20 684,80 157,85K Taylor Wimpey 103,45 103,70 102,85 248,98K Tesco 250,40 250,90 249,20 228,11K Tui 562,50 574,50 556,51 30,42K Unilever 4.108,0 4.114,0 4.083,0 143,65K United Utilities 965,00 965,00 953,34 116,11K Vodafone Group PLC 74,84 75,05 74,13 1,99M Whitbread 3.397,0 3.406,0 3.386,0 10,02K WPP 830,80 834,40 816,80 58,62K Most Advanced SAS AB (publ) +1,100.00% 30,600 Propanc Biopharma, Inc. +108.01% 5.712M XPeng Inc. +17.53% 60,575 Subsea 7 S.A. +13.54% 238,010 XPeng Inc. +13.44% 42.386M Alvotech +12.17% 625,677 Vornado Realty Trust +11.42% 82,666 Tidewater Inc. +10.13% 1.671M Carnival Corporation & plc +9.73% 115.111M Vornado Realty Trust +9.50% 75,626 Transocean Ltd. +9.19% 34.36M Most Declined Operadora de Sites Mexicanos, S.A.B. de C.V. -9.57% 35,164 Singapore Airlines Limited -6.06% 23,215 CAVA Group, Inc. -5.93% 1.947M Blueprint Medicines Corporation -4.78% 725,799 SoFi Technologies, Inc. -4.25% 98.385M CureVac N.V. -4.23% 989,004 Companhia Siderúrgica Nacional -4.07% 8.406M Clinical Development business of Lab -3.98% 1.919M JFrog Ltd. -3.89% 1.521M Petróleo Brasileiro S.A. - Petrobras -3.59% 14.047M QBE Insurance Group Limited -3.58% 54,007 COMPANY PRICE(P) CHANGE(P) % CHG NET VOL
C LOSING P RICES 3 J ULY 3I Group 1.939,00 1.950,00 1.938,00 78,06K Abrdn 221,82 223,08 218,65 445,64K Admiral Group 2.094,0 2.096,0 2.084,0 11,65K Anglo American 2.274,0 2.279,0 2.253,5 93,93K Antofagasta 1.480,50 1.486,50 1.474,50 23,10K Ashtead Group 5.450,0 5.480,0 5.408,0 16,84K Associated British Foods 2.001,0 2.009,0 1.992,5 27,73K AstraZeneca 10.752,0 11.044,0 10.664,0 319,66K Auto Trader Group Plc 609,20 611,40 608,80 40,99K Aviva 398,50 399,80 396,40 192,96K B&M European Value Retail SA555,32 556,50 552,85 66,28K BAE Systems 933,63 937,20 928,80 216,55K Barclays 155,58 156,46 154,32 1,48M Barratt Developments 417,50 418,30 414,60 79,53K Berkeley 3.956,0 3.957,0 3.940,0 5,92K BHP Group Ltd 2.373,50 2.384,00 2.367,92 41,67K BP 468,40 470,15 462,07 964,94K British American Tobacco 2.636,8 2.639,0 2.611,5 75,84K British Land Company 306,30 307,30 304,00 119,18K BT Group 123,25 123,90 122,75 456,62K Bunzl 3.001,2 3.002,0 2.994,0 8,62K Burberry Group 2.118,0 2.123,0 2.102,0 53,25K Carnival 1.332,0 1.342,0 1.308,1 102,05K Centrica 125,20 125,60 124,10 824,24K Coca Cola HBC AG 2.345,0 2.350,0 2.336,6 28,31K Compass 2.197,00 2.201,00 2.194,00 62,55K CRH 4.376,0 4.389,0 4.356,0 45,60K Croda Intl 5.604,0 5.619,9 5.576,0 17,50K DCC 4.414,0 4.452,0 4.395,0 3,20K Diageo 3.395,5 3.395,5 3.367,0 71,57K DS Smith 276,50 277,30 272,84 145,54K EasyJet 490,33 494,50 482,20 119,71K Experian 3.019,0 3.021,0 3.006,0 23,52K Ferguson 12.405,0 12.415,0 12.336,0 1,39K Flutter Entertainment 15.570,0 15.840,0 15.535,0 23,03K Fresnillo 612,00 613,60 608,00 29,52K Glencore 451,95 453,00 449,10 879,17K GSK plc 1.395,80 1.397,25 1.382,40 199,27K Halma 2.255,0 2.282,0 2.255,0 19,53K Hargreaves Lansdown 818,00 820,80 804,20 32,83K Hikma Pharma 1.888,00 1.890,50 1.846,00 4,33K HSBC 624,30 625,90 622,20 1,53M IAG 163,80 164,20 162,45 486,57K Imperial Brands 1.760,00 1.763,50 1.740,00 66,00K Informa 732,00 732,60 725,00 72,51K COMPANY PRICE(P) CHANGE(P) % CHG. NET VOL COMPANY CHANGE NET / % VOLUME US dollar (USD) ........................................1.0880 Japan yen (JPY) 157.56 Switzerland franc (CHF) 0.9770 Denmark kroner (DKK) 7.4467 Norway kroner (NOK) 11.687 MAKE
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C LOSING P RICES 3 J ULY Units per € COMPANY PRICE CHANGE OLUME(M) NASDAQ C LOSING P RICES 3 J ULY 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 July 2023 euroweeklynews.com FINANCE 14
THE
LONDON - FTSE 100
Euro
EUR/GBP: Down from £0.87 to £0.86
EUR/USD: Up from $1.07 to $1.09
Trade in the euro was mixed over the past month. EUR exchange rates initially stumbled as a revision to Germany’s latest GDP figures showed the country slipped into a recession at the start of 2023.
The single currency then came under more pressure at the start of June after the Eurozone’s latest consumer price index reported inflation in the bloc cooled faster than expected in May.
EUR exchange rates remained suppressed as subsequent data showed that the Eurozone as a whole, fell into a recession in the first quarter.
The European Central Bank’s (ECB) latest rate decision then helped the Euro mount a recovery in mid-June. The ECB raised rates by 25bps and signalled another hike in July is ‘very likely’.
EUR exchange rates maintained a
CURRENCY OUTLOOK: POUND SOARS ON BOE RATE SPECULATION, EURO SUPPORTED BY ECB RATE HIKE
positive trajectory as we entered the second half of the month, supported by USD weakness.
The focus for EUR investors will now turn to the Eurozone’s latest inflation figures. June’s preliminary CPI figures could be key in gauging the ECB’s appetite for further hikes. Could another sharp drop-off in inflation push the bank to end its hiking cycle in July?
Pound
GBP/EUR: Up from €1.15 to €1.16
GBP/USD: Up from $1.24 to $1.27
The pound enjoyed strong support in recent weeks, with Sterling sentiment being underpinned by Bank of England (BoE) interest rate speculation.
Expectations for higher rates were turbocharged after UK inflation ran a lot hotter than expected in April. Particularly core inflation which unexpectedly rose to a new 31-year high.
The pound climbed to new multiyear highs against the euro and US dollar in mid-June after BoE rate hike bets were compounded by the UK’s latest jobs data, following a surprise drop in
unemployment and hotter-than-expected wage growth.
Sterling then came crashing back to earth on the eve of the BoE’s June rate decision. Another stubbornly high inflation print stoked speculation the BoE may raise rates as high as 6% and tip the UK into a recession.
These concerns kept a lid on GBP after the BoE surprised markets with a 50bps rate hike.
UK growth fear may continue to act as a headwind for the pound in the coming month, although any losses for the currency are likely to remain limit-
ed so long as BoE rate hike bets remain hawkish.
US Dollar
USD/GBP: Down from £0.80 to $0.78
USD/EUR: Down from €0.92 to €0.90
The US dollar weakened over the past month. Demand for the currency faltered amid improving risk appetite and speculation regarding potential policy divergence between the Federal Reserve and other major central banks.
At the end of May, the US dollar
was still in a position of strength. Concerns over the US debt ceiling saw investors favour the safe-haven currency.
The passing of a deal at the start of June saw the US dollar stumble, before a stronger-than-expected US payroll print provide one last burst of support for the ‘greenback’.
USD exchange rates subsequently declined as a broadly upbeat market mood sapped demand for the safehaven currency.
The downturn in USD was also driven by speculation the Fed is close to ending its hiking cycle. While the Fed struck a hawkish tone following its decision to leave rates on hold at its June meeting, sharper-than-expected falls in inflation and signs of a weakening jobs market has led to speculation the Fed will stop raising rates before the ECB or BoE.
Looking ahead, upcoming US data releases could have a major impact on the US dollar as they may indicate how many more rate hikes the Fed may pursue.
EWN 6 - 12 July 2023 15 FINANCE euroweeklynews.com
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EUR INVESTORS: The focus will now turn to the latest Eurozone figures.
ASK THE EXPERT Peter Loveday Contact me at euroweekly@currenciesdirect.com
LEAPY LEE SAYS IT
OTHERS THINK IT
I TRULY am becoming heartily peeved with people writing to remind me that I am ‘also an immigrant’. Usually these informants are new readers and, although I am delighted to welcome them to my scribbles, it also means they have not read a number of my past columns in which I have more than covered this particular subject. So to all the wags who still think they are being clever, and occasionally quite nasty in their observations, I am completely aware that I am ‘also an immigrant’. I am actually quite a proud immigrant.
Many years ago, due to personal reasons (well chronicled in my books), I left the UK and, after some years in the Middle East, moved to Spain where I have resided for the last 40 years.
This country has been good to me. It has educated four of my children, two of which have married Spanish locals, and my knowledge of the language is moderately passable.
I originally brought some £50,000 into the country (which in 1983 was
All be too late
no small sum!) and, through unfortunate timing and various business ventures, managed to lose most of it over the next two or three years.
During my time here, I have integrated to the best of my ability, helped support the local tourist industry and earned myself a Spanish pension. Although politically minded, I have never seriously involved myself in Spanish politics or tried to interfere with their culture or the running of the country. I feel that as an immigrant I have two choices.
Stay and accept all that my host country has to offer, or leave! Through it all, I have however remained a true British patriot. I am proud of my heritage. Proud also of the fact that both my Father and Grandfather, laid their lives on the line with millions of others to preserve Britain’s freedom and democracy. I am also disgusted by the way the country of my birth is slowly being brought to its knees by ungrateful foreign spongers, greedy billionaires and dubious immigrants, who take advantage of its hospitality
BREXIT BLUES OUR VIEW
and, under the guise of diversity, would destroy its culture altogether.
I am constantly enraged by deceitful, self serving politicians, who either have some ulterior motive or are naïve almost beyond belief.
One thing I do try to avoid although it is sometimes difficult is hypocrisy. I do always endeavour to practise what I preach. I have nothing against immigration. In fact, run correctly, I believe it can often be a good thing. Providing the visitors retain the same attitude and respect toward their host country as I maintain myself. Unfortunately the majority of aliens that are pouring into Europe at this time appear to have a different agenda altogether.
I am fervently convinced that if our so called leaders don’t wake up soon it will all be too late. Sadly, I fear it already may be. Keep the faith
Love Leapy leapylee2002@gmail.com expatradioscotland.com
MOST recent opinion polls show that there is growing support for Britian to rejoin the European Union, but currently there are no significant UK political parties promoting the concept.
Politicians are nothing if not fickle and with the next General Election due no later than the end of January 2025, a lot could still happen.
Currently, Britian has not reversed the bulk of laws created during its time as a member of the EU and to a great extent, any decision to reapply (and be accepted) would be down to the politics of the next 18 months rather than any legal difficulty. If the Conservatives use the time running up to the next election to reverse most of the above mentioned laws, then any decision to try to rejoin would be more difficult, but if things are left very much as they are then life would be much easier.
Under Article 49 of the EU Treaty, any prospective member must show that it respects the common values of the European Union including ‘human dignity, freedom, democracy, equality, the rule of law’.
In addition, it would have to demonstrate that it is a free and stable country supporting free speech and the concept of democracy.
As all of the existing member states have to unanimously agree to accept a new member and a majority in the European Parliament, there is little doubt that there would be some ‘penalty’ for leaving in the first place, perhaps a requirement to join Schengen or the Euro Zone, but in theory, following a positive referendum in the UK, membership could be obtained within three to five years.
EWN 6 - 12 July 2023 16 euroweeklynews.com FEATURE
and Fri.
Mon
Leapy Lee’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors.
DAVID WORBOYS THINKING ALOUD
TWO recent trials in the UK have reminded us of the most appalling depths to which the human being can sink. Two men, Kyle Bevan and Stephen Boden have each been found guilty of the most horrific torture and murder of a defenceless infant under their care. The details of the prolonged cruelty, suffering and the injuries inflicted are too terrible for me to describe here.
The human being is incomparably the most remarkable and complicated of all creations. What humans have achieved is remarkable: the fire, the wheel, the automobile, the computer, Hawkeye, DNA, Artificial Intelligence …. We have produced inventions, works of art, scientific discoveries and acts of incredible kindness and courage. And yet the species is deeply flawed. Humans have also been the cause of neglect of the planet and cruelty to each other and other species.
If we can choose between right
EVIL ALL AROUND US
against a single person. And shown no remorse.
And then there are multiple killings. The murder of an entire family by a stranger or a relative; a grudge shooting in a school or other public place; serial killings; a terrorist attack.
and wrong, why would we opt for the latter? Why do not all of us love our neighbour? Is it simply too difficult for us to identify with other people?
All of us are occasionally negligent, thoughtless and selfish. We commit wrongs, ranging from trivial lapses to the most unimaginable horrors. We may simply drop litter or jump the queue, so inconveniencing others. But some of us
act as hooligans at events or aboard aircraft, upsetting people around us. Others cheat the vulnerable out of their savings and damage or steal their property. While rape, torture and blackmail are on an even higher level of evil, it is murder that is regarded as the ultimate crime the ultimate sin. And there are degrees of murder.
It starts with the murder of one person as an over reaction to
provocation or selfdefence. Next is a totally unprovoked single murder. Then, a deliberate premeditated killing which may involve torture. It is worse if the victim is a child with its life ahead of it. And what about one’s own child, entrusted to its parent or guardian for love, protection and nourishment? The two men mentioned above have committed the most dreadful crime imaginable
Finally, we come to war. There are always wars somewhere in the world, but the one that concerns us here in Europe is Russia’s invasion of Ukraine. The relentless destruction of a country and its peaceful way of life; the murder of thousands of its innocent civilian inhabitants and its soldiers. There are conventions in war but these are commonly disregarded. Anything is fair game schools, hospitals, theatres, the energy grid and the water supply. And for what? For the temporary gratification of a deranged autocrat.
This war is tantamount to the greatest of all evils. Genocide.
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Fried egg jellyfish
John Ensor
SPANISH authorities have warned about a distinct type of jellyfish that is becoming increasingly common along its coastline and beaches.
As the name suggests they look very similar to a fried egg and experts warn their appearance is becoming more frequent around Spain, according to a news source on Saturday, July 1.
There have been numerous warnings about sea creatures recently but this year there is an alert about this new type of jellyfish, which up until now has not populated the beaches of Spain in the same way.
With tourism being such an integral part of the Spanish economy, authorities are concerned about the proliferation of jellyfish. However, it is a wise move to get to know more about the ‘fried egg’ jellyfish and the area of Spain where they have arrived.
The term ‘fried egg jellyfish’ is used to describe the species Cotylorhiza tuberculata.
These jellyfish are characterised by their large size and their striking similarity to a fried egg, complete with thin tentacles.
It has been reported that many bathers have been alarmed by their presence in the Mar Menor area, near Cartagena, where they are seen daily and in great quantity. The good news for locals and tourists is that they are not dangerous to humans, since unlike other species, they do not have stinging tentacles.
However, they are increasingly becoming a nuisance to bathers due to large numbers
of them. Experts put this down to a combination of factors, including higher sea temperatures due to climate change and the transparency of the sea which makes them more visible.
250 different varieties of olive in Spain.
David Worboys’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors
They range from Stephen Boden (torturer and killer of his baby daughter) to Putin.
EWN 6 - 12 July 2023 18 euroweeklynews.com FEATURE/NEWS
Photo credits: Thesun.ie and time.com
JELLYFISH: Are similar to fried eggs with thin tentacles.
Stocks & Shares LETTERS
Having worked for the Financial Times for 33 years and retiring to Spain in 2006, I pay a special interest in this page.
However, I notice that the title does not live up to its name, JD Sports & Pearson shares are missing from the list of companies and I haven’t checked the whole list!!!
Pearson plc no longer own the Financial Times, so I do not see any reason to exclude them now.
I follow all the FTSE stocks and played a big part in setting up the Company FTSE, so would like to see all 100 companies in the list
Apart from that, I think the Euro Weekly paper is the best. Keep up the good work.
Thank you,
Gary Hayes
Good work
Hi Leapy
Recently back from our twice a year trip to Spain.
No respect could not agree more. My teachers were always called Sir and even if we met after I had left were always still called Sir (though they all had nicknames).
Re Harry & Megan Bet365 are getting back to me!
Keep up the good work.
Not factual
Hiya,
Best Regards Steve
I always enjoy reading local papers when on holiday, but this almost illiterate ‘Scotland stats’ published letter without any evidence or actual facts made me raise my phone and reply...
Right from the start this letter by Jamie JKL Swanson can’t be that accurate, he clearly can’t read. He’s made up stats and blurted them out...
Half educated? Kids in Scotland leave school better or comparable with the UK.
Queen Nicola? not yet.
Violent rapist choose to be gaoled in a women’s prison? Nope, didn’t happen, look into the facts. There was a rather important review to stop this happening.
Four times usual rate of post natal deaths? Are you serious? Nowhere near, the UK is bad in the EU table, well, before England and Wales voted us all out the EU, but you get the gist... This is an outright lie, and a particularly poor taste one.
Salmond bad...? Well as opinions go fair enough, but exonerated.
Humza crooked? Well you’ve got half of Westminster leadership literally getting done for parties during Covid lies, covering for lies, wasting billions during Covid, giving millions in contracts to their friends etc.. and Scotland’s FM has done nothing wrong to be called crooked... yet.
Jamie needs to look at his own life and get that chip off his shoulder.
Thanks Simon SD
Hello yet again
I just love reading your articles. Although it has been said that I am further right than Genghis Khan, I think I am towards middle of the road, which my life’s experience tells me most people are.
You constantly write what most people sit and say to each other: sane, intelligent people that is.
Of course trans people should not be allowed to compete against normal people. It is completely nuts. I am glad to see that homosexual people are trying to put a distance between LGB and the rest of the alphabet! Quite correct. Homosexuality has always existed.
My complaint is that, in recent years, those people are not happy just to be accepted, they seem to want to shout about what they are and tell us all that it is ‘better’, when it is obviously not, because if we were all homosexual the human race would disappear.
Don’t you think, Lee, that the current age will go down in history as the ‘whinging age’. Situations with which we coped and just ‘got on with it’ now need parliamentary discussion. Our mortgages at one time went up to 18 per cent!!! We got on with it. In 1973/74 there was a threeday week because of lack of electricity, the generation of which was severely restricted owing to industrial action by coal miners and railway workers! We managed without extra help.
When I first married, we worked for six years without a holiday in order to save for a house. That house we lived in without carpet on the floors. I knitted the children’s jumpers; made dresses, darned socks, without complaining; and worked doing accounts at home at the same time. My husband was an employed butcher. We were ordinary people.
We did not have international holidays, expensive mobile phones, new cars, Xboxes, takeaway food. We did not smoke or drink. I now have a large house in Spain with a swimming pool. People tell me that I am lucky!!!
Nowadays we are supposed to cosset absolutely everybody who does not have whatever. Why can’t they just get on with it and work. The work ethic has disappeared.
And the latest I read was that a woman who was scammed out of life savings thinks that the banks should protect people’s money and it is ‘not our fault’. Why should the rest of us pay for stupidity.
You know, I think that is what I abhor most in life: stupidity.
Going on again sorry Hugs Jane
EWN 6 - 12 July 2023 19 HOROSCOPE/LETTERS euroweeklynews.com 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.
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PETS
Need a dog-sitter while you’re away?
YOU may be planning a trip this summer and thinking about how to find dogsitters who come to your home. Well, we can help. We have dogsitters and housesitters who love to come to Spain to care for your pets as part of their working holiday in exchange for free accommodation. If you’re planning a trip register now to find petsitters in time. Whether your trip is short or long, you’ll know that sometimes you must leave pets at home. Young and senior pets in particular benefit from staying at home, so they can follow their routines undisturbed. Join our pet and housesitting network, and the sitters come for free!
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Driving change
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HouseSitMatch can help you find suitable sitters. Join our network for a small annual fee. You get ID checked for safety and then build your advert saying when you are going on holiday. Housesitters see your advert, they respond and you choose the sitter who’ll care for your pets.
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A RECENT study investigated the social learning abilities of different dog breeds. Researchers found that some breeds are more attuned to human behaviour and perform better in problemsolving tasks. The study involved nearly 100 dogs from two groups: cooperative working dogs (eg sheepdogs, pointers, and retrievers) and inde
Breed differences
pendent working dogs (eg, terriers, sighthounds, spitz breeds, and livestock guarding dogs).
The dogs were tested on a task involving circling an obstacle. Initially, all breeds struggled, but when they observed a human demon
strator, the cooperative working dogs performed better than the independent working dogs. The results suggest that breed traits influence dogs’ ability to learn from humans.
The study highlights the importance of breed selection in developing specific abilities related to human interaction in dogs.
Further research is needed to explore if different breeds respond differently to human stimulation and attention. This study contributes to our understanding of how breed affects dogs’ social learning skills and cognition.
CAR anxiety is a common issue among pets that can make travelling a stressful experience for both the animal and its owner. However, with some effective strategies, you can help your furry friend overcome their fear and make car rides a more enjoyable experience for everyone involved.
Start by introducing your pet to the car in a positive and relaxed manner. Allow them to explore the vehicle while it’s parked, using treats and praise to create a positive association.
Begin with short car rides to familiarise your pet with the sensation of movement. Keep the initial journeys calm and comfortable, using a favourite blanket or toy to provide a sense of security. Ensure your pet’s safe
IN a purr fect blend of luxury and necessity, feline focused entrepreneurs have uncovered a lucrative venture that is capturing the hearts (and wallets) of pet owners everywhere: cat hotels. This innovative concept has turned out to be an “economic activity with high demand,” according to the pioneers who have embraced this niche business the ‘Rural Miau’ in La Calabaza in Siero.
These establishments go above and beyond to cater to their guests’ every need. Alongside comfortable accommodation, they offer convenient home pet collection ser
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ty and comfort during car rides. Use a secure crate, harness, or carrier to prevent injury and reduce anxiety. Reward your pet with treats, praise, and affection for calm behaviour during car rides. Gradually increase the duration and distance of each trip while maintaining positive reinforcement.
Helping your pet over
come car anxiety requires patience, consistency, and a gentle approach. By gradually exposing them to the car, creating a positive and comfortable environment, and using positive reinforcement, you can help alleviate their fear and make car rides a more enjoyable experience for both you and your furry companion.
Feline retreat
vices and a comprehensive cat grooming service. They are not only committed to providing basic care but also ensuring that each furry guest receives ample outdoor time and an abundance of love and affection from their highly trained staff.
While the Siero establishment stands as a pioneer in its town, it’s worth mentioning another notable contender in
the Nora region, ‘Cuidamiau’ in Noreña.
Laura Fonseca, a veterinary assistant, and certified animal carer established this delightful cat hotel, claiming the title of the region’s first legally recognised establishment of its kind. With a variety of options and services available, cat owners can now rest assured that their feline friends will be treated like royalty while they are away!
Photo credit: Shutterstock/smrm1977
Cruising towards a stress-free journey together.
Where luxury meets whiskerlicious comfort. Photo credit: Shutterstock/Juancat
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Motorsport world in shock
THE world of motor racing was in mourning on Saturday, July 1, after the death of 18yearold Dilano van ‘t Hoff in an accident at the SpaFrancorchamps circuit in Belgium.
In a statement released by the MP Motorsport team, they wrote: ‘Team statement SpaFrancorchamps, July 1, 2023. MP Motorsport is deeply saddened to confirm that our driver, Dilano van ’t Hoff has passed away as a result of a crash during the second race of the Formula Regional European Championship by Alpine at Spa Francorchamps’.
‘We are devastated at the loss of one of our brightest Dutch talents, who brought so much energy to our team during the years he raced with us. Dilano has been a part of our racing family since his motorsport debut with MP back in 2021’, the team continued.
It added: ‘We offer our sincere condolences to Dilano’s family and his loved ones, and are in full support of them and our team members who have lost not only a driver but a friend as well’.
His team’s sentiments were
echoed by some of motorsport’s biggest names. A tweet from Autosport read: ‘Everyone at Autosport sends our condolences to the entire team at this time. Our thoughts are also with Dilano, his family and his friends’.
At the time of the tragic accident there were difficult weather conditions with a lot of rain, which subsequently reduced visibility on the
Wimbledon round up
WHEN the tournament started on Monday, July 3, last year’s beaten Wimbledon finalist announced that he was pulling out.
Australian star Nick Kyrgios posted on Instagram to inform his fans that a torn wrist ligament had caused him to withdraw.
‘Hey everyone, I’m really sad to say that I have to withdraw from Wimbledon this year. I tried my hardest to be ready after my surgery and to be able to step on the Wimbledon courts again’, he wrote.
He concluded: ‘I tried everything to be able to play and I am disappointed to say that I just didn’t have enough time to manage it before Wimbledon. I’ll be back, and as always, I appreciate the support from all my fans’.
Spain’s 20yearold sensation Carlos Alcaraz went into the competition as the No 1 seed after his recent victory over Alex De Minaur in the final at Queen’s.
Alcaraz has already won the Australian and French Opens this year, but, is yet to fully adapt his game to playing on grass. However, it could be very foolish to bet against him winning his first Wimbledon title this July.
He is undoubtedly lined up to take over from the ‘big three’ of Rafa Nadal, Roger Federer and Novak Djokovic, of which, the Serb legend is the only one currently remaining.
Djokovic will be defending the title that he won in 2022, with the 36 year old looking to equal Federer’s record of eight Wimbledon men’s crowns.
After landing a recordbreaking 24th Grand Slam title at the French Open in Roland Garros, he will surely be adequately fired up to take on allcomers.
At the age of 43, the legendary Venus Williams will make her 24th appearance in the tournament.
West Ham want ‘Wonderkid’
WEST HAM UNITED are locked in a battle with Serie A giants AC Milan for the signature of 19yearold winger, Dario Osorio.
David Moyes is keen to bring the teenage sensation to London from South America where he plays for Universidad de Chile. Osorio has already picked up two international caps for representing his country.
The youngster has reportedly set his sights on a move to Europe, having already rejected offers from clubs in Brazil. He is said to be on the radar of the Milan club who are said to want to loan him out if they sign him.
An offer of around £7.5 million is expected to be submitted this week by the Hammers, who are aware of apparent interest from fellow Premier League side Wolves as well.
Everton midfielder Amadou Onana is another player believed to be on David Moyes’ shopping list. The 21yearold Belgian star is known to want an exit from Goodison Park, but could be stalling in the hope of a Champions League club making a move for his services.
According to a news source, the ongoing saga of Declan Rice’s transfer to Arsenal should be concluded this week. West Ham have secured an agreement in principle with the Gunners over his fee, which is believed to be £100m plus £5m addons.
track.
The incident occurred after another driver was forced off the circuit and onto the grass. As a result, several drivers slowed down, including Dilano van ‘t Hoff. His car was then suddenly hit from behind by another, travelling at high speed.
Despite efforts to save him, the driver was later pronounced dead. MP Motorsport confirmed his death.
This would smash the current British transfer record between two British clubs once payment terms have been finalised. The two clubs have apparently still not worked out a payment structure that suits both parties.
The England midfielder led the Londoners to their first silverware in 43 years on what would be his final game for them when they won the Europa League at the end of last season.
Treblewinners Manchester City tabled an offer for the wantaway star but it was knocked back by West Ham. Pep Guardiola’s outfit subsequently pulled out of the race, leaving the player’s future in the hands of Arsenal.
British rider pips brother to line
THE opening stage of the 2023 Tour de France got underway on Saturday July 1 and ended in a thrilling two rider finish between two British riders on opposing teams.
Saturday saw an incredible first stage with two British riders, 30 year old twin brothers Adam and Simon Yates, riding for opposing teams and sprint ing to the line for the chance to pull on the iconic yellow jersey.
Saturday’s stage was a 182 metre round trip starting and fin ishing in Bilbao, in the Basque Country. It was one of the toughest opening stages for years with over 3,000 metres of climbing.
First across the line was Adam riding for UAE Team Emirates, with Simon (Jayco AlUla) a mere four seconds behind.
With three weeks of racing to go anything can happen, but Satur day’s finish puts Adam in a strong position. Tour favourite, and Adam’s co team leader, Tadej Pogacar came in third and was elat ed to see his teammate claim victo
ry, raising his arms as he crossed the finish.
After the win, a modest Adam seemed to downplay his position as co leader and insisted he was
Speaking to ITV4, winner Adam said: “Being in the yellow jersey is no problem. It’s an honour and a privilege to have yellow. Over the next few weeks I’m gonna help Tadej try to win, he’s shown he’s the best in the world over the last couple of years in all disciplines and we’re gonna fight for every
Sunday’s stage stayed in the Basque Country, with another tough 209 kilometres from Vitoriaborn Yates brothers are the first to achieve such a feat since Luxembourgers Andy and 2 on
EWN 6 - 12 July 2023 euroweeklynews.com SPORT 24
ADAM YATES: Is now in a strong position in the 2023 Tour de France.
4.0
BELGIUM: The Spa-Francorchamps circuit where the tragedy occurred.
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