CELEBRATING DIVERSITY: One step at a time.
IN a vibrant display of solidarity, over 3,000 people flooded the streets of Cartagena’s city centre on April 21 for the ‘We Are All Autism’ solidarity march, organised by a local non-profit association dedicated to enhancing the lives of people with autism spectrum disorder (ASD) and their families.
The march aimed to advocate for greater inclusion and resources for this community.
They set out from the City Hall Plaza at 11am, the five-kilometre route wound through the historic district, returning around 1.30pm.
Attendees enjoyed music, and face painting, tur-
ning the event into more of a celebration.
‘We Are All Autism,’ is made up of 200 families affected by ASD, and is actively working to integrate people into society, encouraging independence in daily routines such as personal hygiene, cooking, and navigating public transport.
Autism awareness Must-see Murcia
MURCIA has been dubbed the most underrated destination by National Geographic. Despite being located on the trendy Mediterranean Sea, and boasting one of Europe’s warmest climates, Murcia has long remained off the beaten path for international travellers.
In 2023, Murcia welcomed over 1.7 million visitors, marking a significant milestone in its tourism growth. Murcia’s rise in appeal lies in its cultural heritage. The ancient city of Cartagena, founded over two millennia ago, stands as a testament to its rich history, filled with ancient ruins and architectural marvels. Not to be outshined, Murcia City, the regional capital, boasts a wealth of Gothic and Baroque monuments.
Europe’s best-kept secret.
Image: Facebook/ Ines Baleriola Perez
City officials kicked off the march demonstrating their support and commitment to the cause. As
‘We Are All Autism’ continues its mission, it calls for broader community engagement and government involvement to ensure a brighter future for people across the autism spectrum.
Image: Pilarmonics Chorus
Chasing Barbershop dreams.
THE members of the Pilarmonics Chorus group, devoted supporters of the Barbershop In Iberia Association, enjoyed a delightful weekend at the recent En Armonia (In Harmony) convention in Calpe. Basking in the Spanish sun, 750 singers from the UK, Europe, and America convened, forging new friendships and rekindling old ones.
If you would like to become a member of the Pilarmonics and subsequently the Iberian Barbershop family, the invitation is open. Enthusiasts of Barbershop and modern acapella are encouraged to reach out. Contact their amazing president Sue Airey at presidentpilarmonics01@gmail.com or attend their Thursday evening rehearsals at Centro Cívico, Dolores de Pacheco, starting at 6.45pm. Pilarmonics extends a warm welcome to all who share a passion for music.
Image: Shutterstock/ KarSol
Murcia’s beaches are another draw, stretching 155 miles along the Costa Calida, or ‘Warm Coast,’ aptly named for its warm waters. Despite its beauty, Murcia remains affordable compared to other tourist hubs. With reasonably priced accommodations and dining options, travellers can experience the Mediterranean charm without
Costa Calida • Issue No. 2025 • 25 April - 1 May 2024 FREE FREE FREI GRATIS GRATIS GRATIS GRATIS GRATUITO VRIJ LIVRE ILMAINEN G F E GRATIS GRATUIT S G In Harmony on 15
Summer project
LOS PALACIOS Gardening & Community Group, in Camposol, has been making waves with their recent community efforts. Comprised of dedicated volunteers, the group is committed to enhancing the quality of life in their neighbourhood through various projects. The group regularly undertakes tasks such as street cleaning, gardening, and maintenance of communal areas.
This community group is entirely dependent on voluntary contributions, both financial and practical, the group organises fundraising events to engage the community and to help support the projects to look after the area. They recently announced a significant summer project, the first phase of which has already been comple-
ted. This involved the removal of advertisements from a pedestrian bridge railing, thorough cleaning of graffiti-laden walls, and applying two coats of paint to restore its appearance. The work makes a huge difference in the area and many of the Camposol residents reached out to congratulate this group of volunteers. They offered their thanks and congratulated them on their hard work.
While aware of potential future graffiti, the group remains undeterred, confident in their ability to swiftly address such issues. Excited about the project’s progress, they promise more updates in the coming days, hoping to rally even more support from residents and visitors for their beloved neighbourhood.
2 euroweeklynews.com • Local News • 25 April - 1 May 2024
Celebrating community.
Image: Frank En Chantal Slegers-Olijslagers
Choir time
THE Harlequin Rock Choir
Will be performing for the Forget Me Not organisation at Rendezvous at 11am on Campsol Sector
A on April 30. All funds go to Forget Me Not.
Family Rock
ROCK en Familia (Rock as a Family) arrives in Murcia’s Teatro Circo for one day only on May 19 at 12pm. Enjoy classic rock music in a family setting with tickets from €12 at bacantix.com.
Now Open
ANDREA’s Animal Rescue
& The Henrietta Foundation recently opened their new charity store in the Puerto de Mazarron. Go check it out and support a good cause.
Hiking SOS
A HIKER was rescued recently on the Sierra de Lugar trail in Fortuna. He got lost as night began to fall and decided he would need the help of the emergency services. They located the hiker and took him to his car.
Caught up
AN 80-kilo loggerhead turtle trapped just off the coast of La Azohía in Cartagena was rescued and set free once more.
Caravaca de la Cruz
CARAVACA DE LA CRUZ, tucked away in the inland countryside of Murcia, o ers a serene escape for travellers seeking a blend of history, culture, and natural beauty. While lesser-known than some of its neighbouring towns and cities, Caravaca de la Cruz boasts its own unique charm and attractions.
The Basilica-Sanctuary of Vera Cruz (True Cross) stands as the town’s most prominent landmark, housing the revered relic of the True Cross. Visitors can explore its tranquil surroundings and immerse themselves in the town’s spiritual ambiance.
ligious signi cance, Caravaca de la Cruz invites exploration with its winding streets, lined with quaint cafes, shops, and historical sites. The old town exudes a
THE upcoming ‘Las Noches del Camino’ (The Nights of the Path) concerts, to be held in Caravaca as part of the Jubilee of the Vera Cruz, have announced their rst con rmed headliners: Loquillo and Luz Casal.
These renowned artists will kick o the series of events organised by the Camino de la Cruz Foundation to celebrate the 2024 Jubilee Year. Luz Casal will take the stage on July 6, followed by Loquillo on July 20, both performances set against the stunning backdrop of the Vera Cruz Castle and Basilica.
Jubilee Year Caravaca concerts
CARVACA de la Cruz is the fth holy city of the Catholic church along with Rome, Jerusalem, Santiago de Compostela, and Camaleño. Pope John Paul II granted the privilege of celebrating the jubilee year in perpetuity in 1998.
It celebrates its jubilee year every seven years since 2003. The last jubilee year in 2017 saw around 500,000 pilgrims and visitors gather there and this year this gure is ex-
The concerts were unveiled by Carmen Conesa, the regional Minister of Tourism, Culture, Youth, and Sports. The festivities aim to blend music with the region’s monumental heritage. Tickets for the concerts are already available via the o cial music festival website: nochesdelcamino.es
The Caravaca de la Cruz Jubilee is expected to draw up to a million pilgrims and visitors, doubling the attendance of the last Jubilee, thus making it the country’s foremost religious event of the year.
pected to double.
The new image for the 2024 jubilee year features the Vera Cruz (True Cross) and a radiant light represented by golden beams. It is said the Knights Templar deposited a relic of the True Cross in Caravaca de la Cruz. Throughout the year there are many activities taking place but many choose to visit the town during the festivities of the Santisima y Vera Cruz de Caravaca which was declared of International Tourist Interest held from May 1 to May 5. The following events take place: Moors and Christians parade and ‘Los Caballos del Vino’ (The wine horses).
Find
peaceful atmosphere, perfect for leisurely strolls and discovering beautiful architecture around every corner.
Nature enthusiasts will appreciate the town’s proximity to the Sierra de Mojantes, o ering opportunities for hiking, cycling, and enjoying the scenic beauty of the surrounding landscape.
Food lovers can indulge in traditional Murcian cuisine, with local restaurants serving up dishes with fresh ingredients and avours unique to the region.
Whether seeking a quiet retreat or a cultural adventure, Caravaca de la Cruz o ers a peaceful retreat for travellers to unwind and discover the beauty of Murcia.
CARAVACA de la Cruz’s weekly market, held every Monday across various streets including Calle Raimundo Rodríguez and Plaza Ciudad Jardín, continues to thrive, drawing locals and visitors. The market’s charm lies in its many offerings, ranging from fresh produce to artisanal crafts.
Among the bustling streets of Calle Corredera and Plaza Santa Teresa, vendors showcase an array of fruits, vegetables, and local delicacies, reflecting the region’s rich culinary heritage. Artisans along Calle Poeta Ibáñez and Calle Rafael Tejeo present handmade crafts, attracting collectors and enthusiasts.
The market serves as a social hub where residents gather, creating community spirit. As Caravaca de la Cruz preserves its traditional market culture, visitors can experience the town’s vibrant atmosphere and rich offerings firsthand, making the weekly market a must-visit destination.
Cruz. The Euro Weekly News publishes more content both online at euroweeklynews. com and in its papers than any other English news publication in SPAIN. Even better, our news online and in print is FREE and we promise to always keep it that way. FOR MORE NEWS STORIES euroweeklynews.com Weekly market
peace in Caravaca de la
NIBS EXTRA 3 euroweeklynews.com 25 April - 1 May 2024 • Local News •
Image aerial:Shutterstock/ BearFotos
Caravaca de la Cruz’s 2024 Jubilee.
Image: Shutterstock/ Selina Irina
Tourism rise
THE Los Alcazares waterfront is getting a makeover all thanks to €3 million from the European Tourism Sustainability Funds. The town council aims to use these funds to spruce up the coastal area and address some longstanding issues.
One of the focal points of the plan will be at the La Maraña ravine
which they plan to turn into a garden area that is capable of absorbing water runoff and minimising flood risks. The town council is in talks with the Ministry of Defense to unlock access to a coastal nature reserve through a raised walkway ensuring conservation while allowing access to the public. To promote
eco-friendly transportation they will install a comprehensive bike lane that will span the length of the entire promenade. They also plan to replace the current lights with energy-efficient lighting.
The work is planned to begin post-summer so as not to disrupt the tourism high season on the Mar Menor.
MURCIA’s tourism sector is experiencing robust growth, as evidenced by record-high employment created in March.
With 2,516 more workers compared to 2023, the region’s tourism industry is thriving. The increase in employment, especially in hospitality and travel agencies, reflects positively on Murcia’s economy, indicating increased activity and investment in the sector.
This growth not only creates job opportunities but also stimulates supporting sectors, contributing to the overall economic vitality of the region. Additionally, sustained positive year-on-year rates for 36 months signify stability and resilience, positioning Murcia as a favourable destination for both tourists and investors alike. Overall, the increase in tourism employment bodes well for Murcia’s economic prosperity and development.
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project
Revitalising Los Alcázares.
Image: Shutterstork/ Pepeelson
Ouigo arrives
OUIGO, the French high-speed train operator, will begin ticket sales for its Murcia to Madrid route on May 22. However, the line is not open yet due to ongoing construction at Madrid’s Chamartín station by Adif, disrupting Ouigo’s initial plans.
Initially slated for a June launch, commencement may be delayed due to the unexpected construction, authorised by Adif. Nevertheless, Ouigo aims to start services this summer with two double-decker trains per direction, offering a weekly capacity of 14,000 seats.
Ticket prices, ranging from €9 to €25 based on amenities, will maintain Ouigo’s low-fare policy, with children aged
four-13 priced at a fixed €7, and free for those below four. Operations will begin from Murcia, bypassing Alicante, shortening travel time to Madrid to two hours and 45 minutes.
Ouigo’s Director General, Hélène Valenzuela, affirmed their commitment, emphasising a €100 million investment and negotiations with Adif for a threeyear agreement. Valenzuela aims to encourage market growth with competitive pricing.
The arrival of Ouigo has been eagerly anticipated by many, especially given the somewhat disappointing experience with Renfe’s high-speed trains, which often pass through Alicante.
FAST Walks
CAMPOSOL’s First Aid Support Team (FAST) stands ready to provide immediate assistance during medical emergencies, manned by trained volunteers.
They often arranged events and outings to raise funds to support their important work.
On May 6, residents can not only learn about their area’s water management but also support this crucial community service.
Led by Antonio Hernandez Benitez, a guided walk explores the historical methods of water collection and storage in the region, significant due to its desert landscape.
Beginning at 10am from the lower B car park, participants will cover a leisurely 2km route.
Tickets, priced at €5, can be purchased at the FAST stall outside the Diner on Camposol Sector B, every Friday between 10.30am to 12.30pm.
This event not only promises educational insights but also serves as a fundraiser for essential emergency services.
6 euroweeklynews.com 25 April - 1 May 2024 • Local News •
A new era in high-speed rail travel.
Image: Shutterstock/ ClS
Celebrating King’s Day
MORE than 100 years of celebrating the changing faces of the Dutch monarchy, King’s Day approaches once again on April 27.
The Netherlands are charging up for one of the largest festivities in the country, celebrating the birthday of the reigning King, Willem-Alexander.
King’s Day is an unusually changing tradition, which was first celebrated on August 31, 1885, in honour of Princess Wilhelmina’s birthday, and was moved to April 30 after her daughter Juliana ascended to the throne.
Today, it celebrates the birthday of the current King of the Netherlands but the festivities last much longer than one day.
The pre-party; King’s Night, lights up the streets with live music and dancing, as well as some free festivals, including The Life I Live in The Hague or the Royal Dutch in Eindhoven.
On the King’s birthday, cities which have canals fill up with boats, where people dressed in orange; the Dutch national colour, party on usually the only functioning public transport throughout the festivity.
Flea markets and concerts are on just about every street corner across the country, and the royal family can often be spotted in public; strengthening the relationship between the royalty and the public through celebration.
Horsing around
COMMUTERS at a train station in Australia were taken by surprise when an escaped racehorse joined them on the platform, awaiting a passenger service.
The unexpected visitor, a rogue animal, appeared at Warwick Farm station in New South Wales, trotting down the platform and even pausing behind the yellow line as the train approached.
Footage shared by Transport for NSW captured the moment, showing startled commuters stepping back as the horse made its way past just before midnight on April 5.
Transport for NSW took a lighthearted approach to the incident, sharing an update on Facebook referring to the horse as a “missing individual” who was “reported to be wearing only a rug and demonstrating a bit of horseplay.”
The post humorously
described how the horse seemed to follow someone along the platform before attempting, unsuccessfully, to board a train.
Eventually, the horse was taken in by its owner from the car park area
and safely returned home. The update concluded with a playful note: “No one involved in the incident intends to take any further action as the individual was only horsing around!”
7 euroweeklynews.com 25 April - 1 May 2024 • News •
King’s Day in Amsterdam.
Credit: Carmelrmd, Wikicommons
Another SMS scam
Paul Edwards
SPAIN’S Internet User Security Office (OSI) has warned of an extension of a scam whereby certain people have received false emails claiming they are owed a refund on 2023
The latest version is being sent to individual’s mobile phones by SMS with the promise that those receiving the message are entitled to a refund of €411. By clicking on any of the links contained in these messages, the user is redirected to a website where they are asked to enter their full name, credit or debit card number, expiration date, CVV and PIN. If you receive such a
simply block the sender and delete that message from your phone.
If however you have already responded to the message and given the information that was requested, then there is still some hope and you should contact the Cybersecurity Help Line (visit https://espanadigital.gob. es/en/lines-action/ciberse curity-helplinet) to receive advice.
In addition, it is important that you preserve as much evidence as possible and report the scam to the police.
If you have any doubts, simply search the internet to ask for details of latest scams as plenty of sites exist to warn individuals of potential problems.
Keep alert for fake Spanish Tax Agency scams.
Flight plans
ENERGY company Vattenfall is testing an infrared camera system to monitor bird collisions with offshore wind turbines at its Hollandse Kust Zuid installation.
“We are still looking for the right technology to understand the dangers,” Jesper Kyed Larsen, a bioscience expert at Vattenfall, said. “We need to understand the real risk that wind farms pose to birds.”
Collecting evidence of collisions was trickier at sea than on land where you could see what has fallen to the ground, Larsen continued.
“But when a bird hits a wind turbine at sea, it falls into the water and floats away,” he said.
By placing 16 thermal imaging cameras on one of the turbines, we can monitor the conditions under which a collision might occur.”
The cameras will run 24 hours a day below the rotor to see if anything falls, with the videos later analysed using artificial intelligence.
The bioscience expert revealed that when a large number of birds is expected to pass over the windfarm, Vattenfall shuts down the turbines for a few hours when no power can be generated.
“We want to avoid that, as far as possible as other assets have to compensate for the shortfall,” he said.
A “start-stop” procedure is announced two days in advance but it is hard to predict so far ahead the exact route the birds will take and how fast they will cross the windfarm, Larsen explained.
The 12-month trial starts in August in collaboration with Wageningen University.
“This test is just the start,” Larsen said. “Once we have more data, we can share our findings with authorities and experts, who can use it to improve their start-stop models.”
No joint smoking in stations
DESPITE the general legalisation of cannabis, the German national railway company aims to restrict its consumption at stations.
The Deutsche Bahn house rules are being adapted accordingly,
and violations will be prosecuted from June 1.
Public cannabis consumption is already banned during the day in pedestrian zones or in the vicinity of schools and playgrounds.
The Deutsche Bahn
restrictions are designed to protect travellers at stations, especially children and young people. Thus, a general ban on the consumption of cannabis in train stations will be introduced.
The restrictions will not apply to medical use of cannabis, which is already permitted and will continue to be so.
In about four weeks’ time, the new house rules should be ready and legally valid. Until then, railway employees will approach passengers with the polite request to refrain from consuming cannabis.
A general ban on smoking in railway stations has been in place since 2007, with smoking only allowed in specially designated areas.
According to the railway, of a total of 400 out of 5,400 stations presently have smoking areas.
8 euroweeklynews.com 25 April - 1 May 2024 • News •
La Tamborrada
ON January 20 each year, its Patron Saint’s Day, the people of San Sebastian (also known in the Basque language as Donostia) celebrate La Tambo rrada where up to 15,000 locals ga ther together and beat drums all day and night.
Local clubs vie with each other to offer the most spectacu lar event as they march through the city dressed in traditional Basque costumes, chefs outfits or 19th century military uniforms.
Like most events of this type, the origin is forgotten but one of the most plausible reasons is that La Tamborrada was introduced at the start of the 19th century during the Pe-
ninsula War when Napoleon’s troops entered the city and women banged buckets.
The drumming and parades start at midnight in the Plaza de la Constitución with the city flag being raised and the first group of drummers play the Marcha de San Sebastián as a signal to the other groups that they can start and that’s it for the next 24 hours.
At noon on January 20, children from various schools, also dressed to impress and with their own special ‘tamborrada infantil’ set off en route for the City Hall where they converge and add to the cacophony of sound. Then at midnight the march is played again, the flag is lowered and that’s the end.
9 euroweeklynews.com 25 April - 1 May 2024 • News •
La Tamborrada in San Sebastian..+
The youngsters start at noon.
Credit: MerZab CC
Credit: Estitxu Carton
COSTA CALIDA
THE enchantment of the circus returns to Murcia with the arrival of Circo Raluy Legacy, pitching its tent in the city until May 19. For a month, both young and old can rediscover the magic of the circus.
Marking its debut in Murcia, the circus will be stationed at the La Chimenea de Barriomar parking lot. Presenting ‘In Art We Trust,’ touted as their boldest and most spectacular production yet, tickets are already available on their website, detailing all the performances throughout their stay in the city.
More than just a spectacle, Circo Raluy Legacy aims to transport audiences through time. With a tent reminiscent of the golden age of the circus and over 40 meticulously restored early 20th-century caravans to set the ambiance, including a café carriage, a hotel on wheels, and a 1912 organ among other perfectly preserved artifacts.
Originating in the 1960s and 1970s under Luis Raluy Iglesias, the circus became a family legacy. Led by Louisa
CANCER often leaves patients and families feeling overwhelmed and alone. Yet, in the middle of the uncertainty, MABS Cancer Support Fundación stands as an example of support, providing care and guidance to those navigating the challenges of cancer.
Remembering D-Day Celebrate summer MABS 25th anniversary Circus Magic
For 25 years, MABS has been dedicated to offering assistance to anyone affected by cancer, regardless of nationality or circumstance. Whether it’s providing emotional support to those facing a diagnosis, offering respite for caregivers, or aiding those coping with loss, MABS is committed to being there every step of the way.
As they celebrate their 25th anniversary, MABS invites the community to join them for a special event on Saturday, June 8, at Meson Mariano Camposol. The evening promises to be a delightful affair, featuring a cava reception, a delicious three-course meal, and lively entertainment hosted by Damian from Costa Calida International
Radio. It’s an opportunity not only to celebrate MABS’ dedication but also to come together in support of their ongoing mission. Tickets for this memorable event are available
and Kerry Raluy, daughters of Luis Raluy Tomás, alongside Jerzy Swider and Jean Chistiphe Fournier, the Circo Raluy Legacy maintains its tradition while embracing modern artistic trends.
Their latest show promises to be extravagant with ico-
for purchase now at the MABS Respite Home or by calling 689 052 123. With each ticket sold, you’ll not only enjoy an evening of camaraderie and celebration but also contribute to MABS’ continued efforts in providing essential support to those affected by cancer. Let’s come together to make a difference and show our support for this vital cause.
NOAH’s Arc Animal Charity is set to host an electrifying Spring into Summer fundraising event on May 18, starting at 7pm until late at Mariano’s on Sector A in Campsol. Attendees can anticipate an evening fi lled with entertainment as Bernie Mac takes the stage.
Guests will be treated to a delectable meal featuring a choice of either succulent chicken or flavourful peppers in tomato sauce, both served with crispy chips and freshly baked bread, all for the incredible price of just €10 per person.
Additionally, participants can try their luck at the event’s raffl e, boasting a variety of exciting prizes, with tickets priced at only €5 per strip. Tickets for this not-to-be-missed event can be obtained from Noah’s Arc Charity shops located on Camposol Sector B ( 711 016 236 ) or Puerto de Mazarron ( 602 624 521 ).
Fun and funds for furry friends.
Every penny raised during the event will go directly towards the invaluable care and protection of the animals under Noah’s Arc animal charity, making it a night of fun with a purpose.
nic circus acts like the flying trapeze to acrobatics, magic, and humour, performers push their bodies to the limit, including risky feats like the Wheel of Death, where artists defy gravity at 13 metres high. For more information and to purchase tickets see circoraluy.com.
AS the world gears up to commemorate the 80th anniversary of D-Day, the Royal British Legion Murcia branch is arranging its own event to celebrate. On June 8, join the festivities at Cat’s Bar, Tel’s Bar, and Rendezvous, all in Campsol as they honour this historic milestone.
Guests can anticipate a night filled with yummy food, lively music courtesy of The Quality Street Band, and camaraderie that befits the occasion. The event kicks off at 8pm and will continue until midnight, promising an unforgettable experience for all attendees.
Adding to the excitement, the branch is organising a special raffle, offering attendees the chance to win exciting prizes. Raffle tickets are available for purchase at a nominal price of €5 each from members of the committee.
To secure your spot and support this meaningful event, reach out to any member of the Murcia Branch Committee or email murcia.secretary@ rblcommunity for further details. Let’s come together to honour the bravery and sacrifice of those who shaped history on D-Day.
Rediscover the magic of the circus.
Images: Facebook/ Circo Raluy Legacy
Food, music, and memories.
Image: Royal British Legion Murcia
Image: Shutterstock/ Lomb
INTERVIEW
People are friendly
In 2020, Caroline Rindeström and her family made the bold decision to relocate to Spain.
HAVING spent countless vacations in the picturesque Torrevieja region, basking in the warmth of the sun and indulging in various sporting activities, the family found themselves enchanted by the idea of permanently settling in this vibrant country. Fuelled by their belief in the potential to introduce their unique chiropractic methodology from Sweden and establish a holistic haven for wellness, they set out to turn their dream into reality.
Although Caroline states that the first year was challenging, there was an undeniable sense of excitement in immersing themselves in the exploration of a foreign culture and landscape. She misses her loved ones and sometimes the green forest.
One aspect that Caroline particular-
ly treasures about their life in Spain is the invaluable quality time she gets to spend with her loved ones. The abundance of daylight hours coupled with the Spanish schedule allows her and her partner to enjoy the cherished ritual of having breakfasts with their children
Without a doubt, Caroline finds immense joy in her Spanish experience, revelling in the abundant sunshine, learning the language and savouring the delectable cuisine, particularly her favourite - seafood. She candidly admits that she cannot envision returning to Sweden.
“The people here,” she remarks, “are remarkably open-minded, friendly, and approachable. It’s heartwarming how you can exchange a simple ‘hola’ with everyone you meet at the supermarket. There’s a genuine warmth and familiarity that permeates daily interactions.”
Tarragona’s early saints and spectacles
EVERYONE knows about the attractions of Barcelona, but maybe not those of nearby Tarragona...
In striking contrast to Barcelona’s thrusting hipness, Tarragona’s main appeal stems from the Roman era, when the town, then called Tarraco, was the bustling melting pot of the western Mediterranean and Saint Paul was packing them in with his punchy sermons.
Compared to those hedonistic pagans up the coast, Tarragona has always been a devout kind of town and the sarcophagi and inscribed tablets at the necropolis suggest it got on the Christian bandwagon pretty early. Some of those who hopped aboard a bit too early for their own safety may have ended up in the circus, pitting their faith against the sharp claws of some lions.
And just like the Roman Forum, the amphitheatre is still a spectacular attraction overlooking the sea, with a seating pitch only marginally less steep than in Barcelona’s modern
Nora’s
equivalent, the Camp Nou football stadium. Round off a step back into antiquity with a visit to one of the many cafés where only the exemplary coffee makes any concession to the 21st century.
Speaking of ancient times, did you know that the rabbit was brought to Britain by the Romans, who discovered it in Spain? And that the name ‘España’ derives from the Phoenician expression for ‘land of rabbits’? What a hare-raising thought...
Nora Johnson’s 12 critically acclaimed psychological suspense crime thrillers, including the latest ‘The Couple across the Street’ (www.nora-johnson. net), all available online at Amazon etc. Profits to Cudeca cancer charity.
11 euroweeklynews.com 25 April - 1 May 2024 • Feature •
Caroline Rindeström.
NORA IS THE AUTHOR OF POPULAR PSYCHOLOGICAL SUSPENSE AND CRIME THRILLERS AND A FREELANCE JOURNALIST. NORA JOHNSON BREAKING VIEWS
opinions are her own and are not necessarily representative of those of the publishers, advertisers or sponsors.
Wonder why that is
LEAPY LEE SAYS IT
OTHERS THINK IT
THE problem with most of the woke brigade is that they are generally so far up their self-righteous soap boxes they categorically refuse to entertain the opinions of others. When arguments or discussions tend to veer away from their points of view, they are always the first to accuse their dissenters of right wing ideals or racism.
They then sit smugly back; fully aware that the discussion is now over and the onus is now on those that disagreed with their rhetoric to explain why they themselves are not racially motivated! It’s a clever ploy, designed to crush the freedom of speech and encouraged by many a political despot over the course of history. Well I don’t buy it, and categorically refuse to yet again waste this short narrative explaining my very strong views on the subject.
I believe in live and let live. As long as it causes no harm to others and doesn’t weaponise my points of view, frankly I really couldn’t care less how anyone
handles their current manifestation. I also have no problem with how people wish to be addressed. Tom, Dick Harry, Fem, Those, Them or Wottsit. It’s truly is all the same to me.
What I do care about however is reserving the right to also refer to myself as I choose. Being pressured to adapt to another individual’s views and opinions is what sticks in my craw. Unfortunately this is often the problem with disgruntled minorities.
Many of them suffer from insecurity or inferiority complexes. Consequently the more of us they can inveigle into embracing their philosophies, the more secure they feel (The mentality of cult!)
To achieve this they need to convince others to either join them or amend their own beliefs. Sooner or later however the majority begin to resent their often lam brained intrusions and demos and their actions begin to achieve the reverse effect. One of the real casualties in this whole diatribe of politically correct ‘uman rights is of course true common sense. I recall The University of Salford issuing a ‘subject matter’ warning for Dickens’
Oliver Twist; in case it causes ‘distress or anxiety’ among literature students. Some time ago, the University of Northampton also issued ‘alert warnings’ to their students about Orwell’s 1984, Dickens Great Expectations and, of all things - Bronte’s Jane Eyre! The University stated that, it has the responsibility to ‘prepare students for potentially sensitive topics of child abuse domestic violence or racial prejudice’. They probably don’t allow winners or losers either!
This is of course not all quite as ridiculous as it sounds. The more they relieve the young of responsibility, the easier they are to manipulate toward their nanny state ideals. Left wing political control is always hovering behind all this undemocratic PC rhetoric. And incidentally, shoving floral bouquets down the barrels of Chinese and Russia’s silos won’t work either! Just to conclude, it was recently announced that 400,000 people a year are leaving the UK.
Well now, I wonder why that is? Keep the faith Love Leapy leapylee2002@gmail.com.
Leapy Lee’s opinions are his own and are not necessarily representative of those of the publishers, advertisers or sponsors.
TESLA POWERWALL has arrived, and Ecocorp Solar is one of the chosen certified installers to introduce this groundbreaking residential battery to Spain!
In the quest for energy resilience, Tesla Powerwall emerges as a game-changing home battery system
seamlessly integrating with solar installations. Compact yet high-capacity, this battery enables homes to fully harness solar energy, offering unmatched reliability and design.
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THE Loch Ness Cen tre has reached out to NASA for assistance in a new quest to search for the Loch Ness monster.
Following last year’s extensive search of Loch Ness in the Highlands, which included the cap ture of loud underwater noises and several potential sightings, the centre is eager to enlist NASA’s expertise in their pursuit.
The Loch Ness Monster has been sought for years.
Scheduled to coincide with the 90th anniversary of Sir Edward Mountain’s expedition, the latest search will take place from May 30 to June 2.
Since the inaugural expedition in 1934 by the Watchers of the Monster, over 1,156 sightings have been documented on the official Loch Ness monster register.
Aimee Todd from the Loch Ness Centre ex-
pressed hope that the global community of Nessie hunters would aid in reaching out to NASA via social media.
The centre seeks NASA’s expert guidance to enhance its ongoing quest for answers.
For those unable to participate in the search in person, live cameras on the Visit Inverness Loch Ness website offer an opportunity to be part of the hunt remotely.
Smart technology enables real-time monitoring through an intuitive app, offering energy independence, outage protection, or savings.
What sets Powerwall apart is its ability to operate during power cuts, ensuring a continuous energy supply.
With one of the largest capacities, your home can run on solar energy even after sunset. For those seeking energy efficiency, pairing your solar installation with a Tesla Powerwall battery is the next step.
It’s a leap forward in the Rooftop Revolution, bringing us closer to an innovative energy model. In essence, Tesla Powerwall isn’t just a battery; it’s a transformative solution shifting towards energy autonomy. Embra-
ce the future with Powerwall, where power outages are a thing of the past, and sustainability becomes a reality.
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Ecocorp Solar are proudly certified by the Junta de Andalucia AND the Ministry of Industry in Spain. Ecocorp Solar are one of the few trusted companies authorised by these governing bodies to sign off their installations. A testament to their expertise & dedication.
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Introducing Tesla Powerwall: Redefining energy independence Contact Ecocorp on 671 716 597 for a friendly, free, no obligation survey and good advice. Why not visit them at their Parque El Real Antas showroom? Or contact them through their website at www.ecocorp.solar. 12 euroweeklynews.com • Feature / News • 25 April - 1 May 2024
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Will NASA find Nessy
Image: The Loch Ness Centre / Facebook.
Impact of drought
VOX Pop
AS Spain su ers through one of the most di cult drought periods in its history we took to the streets of the Murcia Region to nd out how the lack of rainfall has a ected you. We also asked do you think the government could be doing more to tackle the drought.
LISA a resident of Mazarron said “Well, to be honest, it hasn’t a ected us. We have friends that live on the Costa del Sol and they have water cuts at night and limits on their water. They don’t know if they will be able to ll their pools this summer. While it hasn’t rained a lot we haven’t noticed any direct issues because of the lack of water. I guess the government is doing something right.”
ALEX from Pilar de la Horadada who lives in the neighbouring town San Pedro del Pinatar said “It hasn’t made much of a di erence, I don’t think. Maybe more inland it has or in other areas it has. I don’t think the government ever does as much as it should. I shouldn’t say more or you will not be able to print it!” he laughed.
JOHN BYRNE
day in Santiago de la Ribera said “We come here on holiday every year, we have a place here. It is de nitely getting hotter, we don’t travel
over during the months of July or August. Luckily there have been no water cuts.”
INMA a local business owner in Cartagena stated “Murcia has a lot of agriculture and this a ects the Mar Menor but as they use recycled water for the agriculture in this region even though the reservoirs are low we are equipped for the lack of water. It is a dry area, I think one of the driest but because of this the regional government has always had plans in place to combat the e ects.”
GARY from Manchester said “It hasn’t a ected us much. Although we do try to use water responsibly. Some people still hose out their front yards every day. We could never do that!”
The water infrastructure in Murcia is well reported and is often referred to as ‘Murcia’s miracle.’
The use of recycled water within the agricultural sector means the lack of rainfall is not as much of a concern in this region. Murcia is one of the driest regions in Europe and an example of good water management.
13 euroweeklynews.com 25 April - 1 May 2024 • Feature •
ALEX
FINANCE
BUSINESS EXTRA
Going bananas
THE ‘banana bag’ which proved a hit with Gen Z and millennials was responsible for UK and European sales that reached £1.1 billion (€1.3 billion) for Japanese retailer Uniqlo over the year that ended on August 31, 2023. Founded by Tadashi Yanai in 1984, Uniqlo now has more than 2,400 stores worldwide.
Rainy day
THE Bank of Spain called on the country’s principal banks to focus more on setting aside funds from their profits to cover potential losses than rewarding shareholders with hefty dividends. Banks had not taken sufficient advantage of the current cycle of record profits to plan for future crises it warned.
US deal
INCHCAPE, the car distribution, sales and services company, is selling its UK retail operations to the US car dealership giant Group 1 Automotive via a cash agreement of around £346 million (€403.8 million). The transaction would enable it to concentrate on becoming a distribution-focused business, Inchcape said.
Ford waits
ON April 15, Ford ceased producingtheTransitConnect van which accounted for 30 per cent of vehicles made at the Almussafes (Valencia) plant, with 63,239 leaving the assembly line in 2023. Employees now wait to learn more details of the new multienergy model they were promised at the end of March.
Fewer bubbles
FRENCH company LVMH, synonymous with luxury items, reported a 16 per cent dip in wine and spirit sales which slid to €1.4 billion in 2024’s first quarter. The owner of Dom Perignon, Moet & Chandon, Krug and Veuve Clicquot said this was an inevitable result of the “normalisation” of post-Covid demand when sales soared.
STAT OF WEEK
€2 BILLION
will be paid out in dividends by ACS Group, the Spanish civil engineering and construction group, between 2024 and 2026, chief executive Juan Santamaria announced.
Data replaces batteries Steel deal
THE site of what was to be Britain’s first gigafactory in Blyth (Northumberland) has been sold to US private equity investors.
Northumberland County Council announced that it had sold the land to Blackstone, which will build a data centre there.
The land in Cambois near Blyth was earmarked for a £3.8 billion (€4.45 billion) Britishvolt factory making batteries for electric vehicles before the company collapsed into administration in January 2023 with the loss of 200 jobs.
At the time, Britishvolt, backed by Swiss mining
multinational Glencore, was due to receive £100 million (€117.18 million) in the UK government fun ding.
Australian company, Recharge Industries ba sed in Geelong (Austra lia), agreed to take on Britishvolt after finalising a deal with the company’s administrators, renewing hopes of building the Blyth gigafactory.
Instead, Recharge received a winding-up petition in March 2024 as former senior executives reclaimed unpaid wages.
A month earlier, auditors EY said Recharge defaulted on the agreement and had yet to pay the £8.75 million (€10.25 million) that was owed on the deal. Since then nothing appeared to have moved at the 235acre Blyth site. Northumberland
SPAIN’S National Securities Market Commission (CNMV) suspended trading in Naturgy shares for two hours on the morning of April 17.
It was reported that the halt was ordered while awaiting “disclosure of relevant information.” This followed rumours of a possible takeover by Abu Dhabi’s TAQA, which was in discussions with Criteria, one of Naturgy’s majority shareholders.
Trading resumed after the government-controlled energy holding company contacted the CNMV, referring to “recent speculations in the Press regarding Naturgy.”
TAQA confirmed it was talking to
County Council did not disclose financial details of the Blackstone transaction, although receivers Begbies Traynor Group which oversaw the sale, said it was “complex.”
Council leader Glen Sanderson said the Blackstone data centre would bring an investment of up to £10 billion (€11.7 billion) and provide around 4,300 jobs.
“This really unique opportunity for Northumberland offers a huge boost to the regeneration and renaissance of the local area,” Sanderson said.
Cut unlikely Reboot needed Naturgy takeover
DR MARTENS shares plunged 29.4 per cent as the bootmaker issued its fifth profit warning since 2021.
The company expects a tough time with rising overheads and falling US sales as shares slump to 62 pence (approximately €0.72), compared with £3.70 (€4.32) when Dr Martens was floated three years ago.
The outlook was “challenging,” a spokesperson admitted.
Chief executive, Kenny Wilson, in place for six years, will leave at the end of the financial year to be replaced by Ije Nwokorie, currently chief brand officer.
UK inflation fell in March but not enough to underpin hopes of a lower bank rate in the near future.
The Office for National Statistics (ONS) announced that the consumer prices index (CPI) fell from February’s 3.4 per cent to 3.2 per cent, a two-and-a half-year low but less than analysts’ 3.1 per cent prediction.
Services’ inflation, which the Bank of England (BoE) watches with an eagle eye, fell from 6.1 per cent to 6 per cent in March, disappointing City expectations of 5.8 per cent.
Tomasz Wieladek, chief European economist with the asset manager T Row Price, told the Guardian that the BoE would be “worried” that the inflation battle was not yet won.
Services’ inflation would concern the BoE and make it cautious about cutting rates this summer, Wieladek said.
SPANISH steelmaker Acerinox is buying US nickel and cobalt alloy specialist Haynes in a €740 million deal.
The operation carried out by Acerinox’s US subsidiary North American Stainless (NA), has approval from US anti-trust regulators and was ratified at the Haynes’ shareholder meeting in April, Acerinox said. A routine revision of Haynes books by external auditors is all that remains pending.
The purchase will be fully-funded with existing cash on Acerinox’s balance sheet, it revealed when the deal was announced in February, and the takeover is expected to be completed by the third quarter of 2024, the Spanish company said.
Caixabank’s holding company regarding a possible cooperation pact related to Naturgy, while admitting there had also been “conversations” with two other major shareholders, CVC Capital Partners and Global Infrastructure Partners (GIP) who between them own 41 per cent of Naturgy.
“No agreement has been reached with Criteria, CVC or GIP,” TAQA stressed, although even before the CNMV suspension, Nuturgy shares were up 1.3 per cent at €21.8.
Win some
LA LIGA, the 42 professional football teams which belong to Spain’s First and Second Division, are in the black for the first time in two seasons.
Fully recovered from the pandemic, the teams reported an accumulated net profit of €200 million between them for their financial year ending June 2023.
Nevertheless, Barcelona, whose corporative operations amounted to €808 million and ended the season with a €300 million profit, generated much of these gains, La Liga revealed.
La Liga also predicted that the present season would almost certainly return to negative figures in 2023-2024, with losses of approximately €300 million.
CATALONIA-BASED Miura intends to sell off Citri&Co, the largest citrus fruit company in Spain.
After several months of sounding out the markets, the private equity firm has commissioned investment bank Lazard to organise the €1 billion sale of a group created in 2016 from the long-established Castellon company Martinavarro plus the later addition of Rio Tinto and other, smaller operators.
Citri&Co, which is present in 70 countries, has a workforce of 12,000 and 22,000 hectares of land under production, with Spain accounting for 30 per cent of its earnings.
Troubled water
THAMES WATER, which has a £15.6 billion (€18.2 billion) debt pile, must prepare and negotiate a business plan with Ofwat before May 23. This is when the water services regulator holds its last board meeting prior to announcing how much companies will be able to charge customers.
Before then, the beleaguered water company intends to publish a five-year spending plan which, once it has been approved by the Thames Water Board will talk to lenders as its looks for ways of funding its rescue proposals.
14 euroweeklynews.com • 25 April - 1 May 2024
Photo credit: Naturgy
Photo credit: BritishVolt
Orange alert
BRITISHVOLT: Old Blyth site will become a data centre.
NATURGY: Possible takeover by Abu Dhabi’s TAQA.
3I Group 2.797,50 2.826,00 2.790,50 409,52K Admiral Group 2.703,0 2.707,0 2.688,0 40,32K Airtel Africa 107,60 108,53 106,90 418,35K Anglo American 2.156,5 2.181,0 2.146,0 619,33K Antofagasta 2.243,00 2.254,00 2.231,00 61,68K Ashtead Group 5.502,0 5.544,0 5.476,0 75,65K Associated British Foods 2.422,0 2.437,0 2.418,0 63,50K AstraZeneca 10.777,1 10.934,0 10.772,0 115,25K Auto Trader Group Plc 668,00 676,80 667,40 84,03K Aviva 454,80 457,10 452,97 884,45K B&M European Value Retail SA 509,79 520,20 509,20 222,67K BAE Systems 1.291,00 1.291,50 1.280,50 742,17K Barclays 183,02 183,54 181,50 5,73M Barratt Developments 439,75 449,70 438,10 266,97K Beazley 658,50 670,67 655,50 256,02K Berkeley 4.560,0 4.618,0 4.544,0 20,24K BP 509,20 514,40 507,20 7,32M British American Tobacco 2.291,0 2.311,0 2.289,0 564,89K BT Group 103,95 105,65 103,61 1,64M Bunzl 2.964,0 2.972,0 2.952,0 52,66K Burberry Group 1.112,5 1.119,5 1.103,5 297,65K Centrica 129,10 131,60 128,60 2,53M Coca Cola HBC AG 2.426,0 2.450,0 2.406,0 89,89K Compass 2.183,00 2.193,00 2.166,00 918,13K ConvaTec Group 281,40 282,20 279,80 339,20K Croda Intl 4.894,0 4.942,2 4.810,0 37,97K DCC 5.375,0 5.415,0 5.365,0 14,62K Diageo 2.805,5 2.821,5 2.802,0 513,15K Diploma 3.500,00 3.518,00 3.492,00 25,93K DS Smith 396,80 398,20 393,20 1,58M Endeavour Mining 1.744,00 1.747,00 1.711,00 21,84K Entain 823,80 826,62 816,20 131,61K Experian 3.155,0 3.190,0 3.153,0 931,75K F&C Invest 960,16 972,00 957,64 88,67K Flutter Entertainment 14.805,0 14.815,0 14.625,0 56,55K Frasers 779,50 789,00 777,50 70,14K Fresnillo 602,50 610,00 600,00 128,76K Glencore 476,45 478,40 471,83 4,33M GSK plc 1.577,00 1.584,00 1.575,00 276,85K HALEON 323,00 323,70 320,90 1,30M Halma 2.179,0 2.196,0 2.175,0 40,68K Hikma Pharma 1.767,00 1.792,95 1.763,00 32,95K Howden Joinery 850,00 854,00 846,50 166,92K HSBC 636,00 637,85 633,80 3,85M IAG 166,45 167,10 162,15 8,67M IMI PLC 1.709,00 1.752,00 1.701,00 29,82K Imperial Brands 1.756,00 1.761,50 1.748,86 188,07K Informa 775,60 782,60 772,80 307,77K InterContinental 7.746,0 7.784,0 7.697,0 55,71K Intermediate Capital 1.978,00 2.004,00 1.969,00 159,63K Intertek 4.850,0 4.882,0 4.836,0 18,88K J Sainsbury 258,00 261,40 257,40 403,66K JD Sports Fashion 116,60 119,18 116,55 1,70M Kingfisher 244,60 246,10 243,30 367,15K Land Securities 628,00 630,50 625,00 95,69K Legal & General 243,10 244,32 241,70 2,26M Lloyds Banking 50,26 50,83 50,20 20,17M London Stock Exchange 8.954,0 9.010,0 8.930,0 118,00K M&G 198,15 198,45 197,31 688,68K Marks & Spencer 243,90 249,50 243,30 489,39K Melrose Industries 620,40 629,00 616,00 297,27K Mondi 1.365,00 1.369,50 1.356,50 230,97K National Grid 1.036,50 1.037,50 1.028,00 835,09K NatWest Group 273,60 274,29 272,50 1,36M Next 8.702,0 8.784,0 8.672,0 17,32K Ocado 344,80 349,40 342,60 246,09K Pearson 991,20 994,00 985,40 208,54K Pershing Square 47,05 47,80 47,05 6,16K Persimmon 1.270,0 1.286,5 1.265,0 109,74K Phoenix 476,00 479,39 475,00 593,38K Prudential 719,60 725,60 713,40 842,08K Reckitt Benckiser 4.123,0 4.166,0 4.113,0 130,02K Relx 3.289,00 3.320,00 3.285,00 304,21K Rentokil 414,60 415,50 403,90 3,19M Rightmove 507,05 510,87 504,64 257,46K Rio Tinto PLC 5.339,0 5.373,4 5.325,0 278,54K Rolls-Royce Holdings 395,09 399,00 392,00 6,63M RS PLC 689,50 697,00 689,00 84,20K Sage 1.139,50 1.144,00 1.135,45 160,89K Schroders 364,0 365,6 362,8 128,99K Scottish Mortgage 801,20 816,20 798,88 470,26K Segro 838,00 858,60 828,00 184,25K Severn Trent 2.430,0 2.435,4 2.412,0 58,81K Shell 2.819,5 2.876,5 2.810,1 948,48K Smith & Nephew 956,50 960,20 955,00 92,94K Smiths Group 1.575,00 1.582,00 1.569,00 45,71K Smurfit Kappa 3.496,0 3.500,0 3.454,0 33,84K Spirax-Sarco Engineering 9.070,0 9.130,0 9.045,0 12,14K SSE 1.645,00 1.657,00 1.636,00 122,35K St. James’s Place 411,20 414,20 406,40 297,25K Standard Chartered 655,80 658,00 651,40 883,74K Taylor Wimpey 130,00 131,60 129,65 1,13M Tesco 280,60 281,90 279,30 1,04M Unilever 3.798,0 3.807,0 3.752,0 543,29K Unite 919,53 921,00 910,00 44,92K United Utilities 1.026,00 1.028,00 1.016,00 139,63K Vodafone Group PLC 66,160 66,940 65,900 4,88M Weir Group 1.965,00 1.982,00 1.952,00 159,35K Whitbread 3.050,0 3.061,0 3.031,0 45,70K WPP 767,83 771,00 765,80 266,28K 3M 91,47 +0,51 +0,57% 2,96M Amazon.com 179,17 -2,11 -1,16% 29,43M American Express 217,51 -0,16 -0,07% 3,30M Amgen 262,75 -1,32 -0,50% 1,91M Apple 167,04 -0,96 -0,57% 39,46M Boeing 170,24 +0,03 +0,02% 4,72M Caterpillar 357,94 -0,38 -0,11% 1,88M Chevron 157,51 +1,11 +0,71% 4,09M Cisco 48,11 +0,32 +0,67% 12,13M Coca-Cola 58,90 +0,39 +0,67% 10,86M Dow 56,47 -0,35 -0,62% 3,50M Goldman Sachs 403,23 -0,68 -0,17% 2,74M Home Depot 332,88 +0,05 +0,02% 3,50M Honeywell 191,10 +0,75 +0,39% 1,91M IBM 181,44 -1,66 -0,91% 2,80M Intel 35,04 -0,64 -1,79% 41,30M J&J 145,74 +0,97 +0,67% 8,96M JPMorgan 181,25 +1,17 +0,65% 9,01M McDonald’s 270,96 +1,01 +0,37% 3,00M Merck&Co 125,21 -0,16 -0,13% 4,78M Microsoft 404,33 -7,51 -1,82% 19,62M Nike 95,74 +0,90 +0,95% 8,98M Procter&Gamble 157,16 +1,21 +0,77% 7,12M Salesforce Inc 271,85 -4,47 -1,62% 5,34M The Travelers 210,46 +3,88 +1,88% 1,93M UnitedHealth 493,16 +14,17 +2,96% 8,70M Verizon 40,13 +0,35 +0,88% 15,96M Visa A 271,36 -1,33 -0,49% 6,47M Walmart 59,27 -0,38 -0,64% 11,12M Walt Disney 112,86 -0,08 -0,07% 6,05M M - Million Dollars Trump Media & Technology Group Corp. +34.93% 761,343 Badger Meter, Inc. +16.65% 676,238 Genuine Parts Company +11.22% 3.915M First Quantum Minerals Ltd. +9.03% 160,343 CleanSpark, Inc. +8.78% 40.252M agilon health, inc. +7.39% 5.711M Edenred SE +7.23% 25,192 Ally Financial Inc. +6.73% 8.264M Snap Inc. +6.70% 54.001M Reddit, Inc. +6.51% 2.252M Rentokil Initial plc -9.35% 2.103M Las Vegas Sands Corp. -8.66% 21.435M Equifax Inc. -8.49% 3.632M Snap-on Incorporated -7.67% 851,376 Synovus Financial Corp. -7.43% 5.761M Sunrun Inc. -6.78% 11.455M IDEAYA Biosciences, Inc. -6.35% 792,559 Apogee Therapeutics, Inc. -6.12% 379,889 Intra-Cellular Therapies, Inc. -6.12% 4.595M Wolfspeed, Inc. -6.02% 4.686M Axsome Therapeutics, Inc. -5.72% 834,137 Company Change net / % Volume MAKE THE MOST OF YOUR MONEY WITH US See our advert on previous page 0.85554 1.16843 US dollar (USD) 1.0646 Japan yen (JPY) .................................. 164.34 Switzerland franc (CHF) 0.9673 Denmark kroner (DKK) 7.4602 Norway kroner (NOK) 11.767 Units per € THE ABOVE TABLE USES THE CURRENT INTERBANK EXCHANGE RATES, WHICH AREN’T REPRESENTATIVE OF THE RATE WE OFFER DOW JONES Closing Prices 22 April NASDAQ Closing Prices 22 April LONDON - FTSE 100 Closing Prices 22 April Company priCe(p) Change(p) % Chg. net Company priCe(p) Change(p) % Chg. net M - Million Dollars M - Million Dollars Most Declined Most Advanced Company priCe(p) Change(p) % Chg. net EWN 25 April - 1 May 2024 euroweeklynews.com II FINANCE 16 currenciesdirect.com/moraira • Tel: +34 966 265 072
Going North
VINCI, Gatwick’s French owner, is buying a 50.1 per cent stake in Edinburgh Airport for a reported £1.27 billion (€1.48 billion) from its owners, Global Infrastructure Partners (GIP). GIP will retain the remaining 49.99 per cent stake and Edinburgh Airport’s chairman Sir John Elvidge and chief executive Gordon Dewar will remain in their roles.
Solid growth
BANKINTER announced a net profit of €200.8 million in the first quarter of 2024, a record increase of 8.7 per cent on the same period in 2023. As the bank had anticipated, growth was slower than in 2023, although its net interest income has continued growing at double-digit rates, chief executive Gloria Ortiz said.
Royal Mail offer
ROYAL MAIL’s owner International Distributions Services (IDS) has received a takeover offer for the beleaguered postal service from Czech billionaire, Daniel Kretinsky.
His EP Group, with holdings in Sainsbury’s and West Ham United football club, issued a statement on April 17 which, without mentioning the sums involved, revealed Kretinsky had approached IDS on April 9.
“While EP Group’s pro-
Burger King losses
RESTAURANT BRANDS IBERIA (RBI), which owns Spain’s Burger King outlets, lost €12.2 million in 2023.
This was double 2022’s losses despite a record turnover of €1.88 billion, according to RBI’s annual accounts submitted to Spain’s Registro Mercantil, equivalent to Companies House.
The negative figures were the result of the company’s €90.8 million finance
costs, which were 127 per cent more
than in 2022. Of this, €68.5 million corresponded to interest paid on a €310 million loan from RBI’s sole shareholder, the private equity firm Cinven, whose parent company is based in London.
“The net results reflect an increase in our loan payments and debt incurred though our strategy of openings and acquisitions,” RBI said.
posal was rejected by the Board of IDS, it looks forward to continuing to engage constructively with the board as EP Group considers all its options,” the communique said.
This went on to say that EP Group viewed the UK as “an attractive and dynamic market for investment” and was proud to support the businesses in which it invested. These include Royal Mail through EP Group-owned VESA Equity, which has a 27.6 per cent stake in IDS.
“EP Group recognises that Royal Mail is in a challenging situation,” the statement said, pointing out that increasing competition from multinational companies in the UK postal market, private investment in Royal Mail becomes crucial.
As news of Kretinsky’s proposal broke, IDS shares rose by 20 per cent to 257p (€3) valuing the company at £2.47 billion (€2.89 billion).
Student digs
BROOKFIELD, the Canadian investment management company, is preparing the €1 billion sale of Livensa, its Spanish company specialising in student accommodation that was launched in 2018. The process is expected to begin over the next few months but will not be completed until 2025.
THE private health insurance market grew by £385 million (€450 million) in the UK as the NHS’s problems drive people to seek private medical and dental treatment, according to health data provider LaingBuisson. In all, the private health and dental sector grew 6.1 per cent to £6.7 billion (€7.8 billion) in 2022, the last year with available figures.
EWN 25 April - 1 May 2024 FINANCE II euroweeklynews.com 17
BUSINESS EXTRA
ROYAL MAIL: Takeover offer from Czech billionaire.
Growth
Photo credit: Flickr/Bazzadarambler
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Costa del Sol Chocolate for children • News Across The Regions
JOHANNA GREY lives in Mijas and started raising money in 2021 to help the children in Malaga Orphanage ( Ciudad de los Ninos).
The first fundraiser was a huge success and they have now been rasing funds and collecting chocolate and presents every year. Iceland and Tesco got involved and have helped with donations of chocolate.
For Christmas 2023 they raised over €4,000 and the Mayan Monkey chocolate factory in Mijas made personalised adventure books for all the children which they loved.
And just last week, on April 18, another chocolate delivery was made to the Orphanage as, over Easter 2024, Johanna and Eva had help from Food Co. employee Denise who had collected hundreds of chocolate cream eggs with the support, once again, of Iceland and Tesco, to put a smile on the faces of the children.
Axarquia
Award-winning B&B
ALMIJARA Residence, a distinguished boutique Pueblo Blanco B&B nestled in Competa celebrates a significant achievement in the world of hospitality. Five years after its initial recognition by the Travel and Hospitality Awards, the esteemed establishment has clinched the prestigious Europe Award for Excellence in Service for Andalucia in 2024.
The Travel & Hospitality Awards serves as a global platform honouring remarkable businesses in the travel industry, including hotels, tour operators, spa & wellness facilities, and more. Award recipients are meticulously selected based on a thorough review of customer feedback and proprietary entry data. The nominees undergo rigorous evaluation and comparison on a regional scale by a panel of expert judges. Almijara Residence’s latest accolade highlights its unwavering commitment to delivering unparalleled service and guest satisfaction.
Mallorca King opens conference
KING FELIPE VI of Spain presided over the opening of the Conference of Presidents of Parliaments of the Council of the European Union in Palma on Monday April 22.
President of the Congress, Francina Armengol, had hosted a summit with a round table on women’s leadership the day before.
Attending the conference were presidents of the legislative chambers of the different countries of the European Union, the president of the European Parliament, and many leaders from European countries.
This was the last act of the Spanish presidency of the Council of the European Union, which began on July 1 last year.
Security was very high with 800 National pPolice officers deployed, many from mainland Spain. The sewers below Palma were inspected and sniffer dogs swept the area for explosives.
Costa Blanca North Languages open doors
DOZENS of people united in Denia to protest against the cancellation of language centres, expressing their desire for international education.
On April 18, students and teachers united in front of the IES Sorts de la Mar in Denia to protest against the Ministry’s cuts in the EOI (The Official Language School) of Denia and Javea.
The protest came as a response to the announcement stating that Denia would eliminate 12 English, French and Spanish lessons and Javea’s language school would shut down altogether.
The Minister of Education in Generalitat Valenciana, Jose Antonio Rovira linked this “reorganisation” to the lack of students.
Yet the demonstration proved the high demand of the EOI. Javea’s centre has been facilitating more than 100 students for the past 20 years.
Almeria Tour of Almeria
THE Vuelta Ciclista a Almeria is set to captivate cycling enthusiasts with its eighth edition on April 27 and 28.
Organised by Total Sport Mediterranean in conjunction with the A Todo Marcha Sports Club, this prestigious two-day amateur cycling event will showcase approximately 200 cyclists from across the province.
This year’s tour promises an exhilarating adventure through Almeria’s rugged landscapes, including Levante Almeriense, Valle del Almanzora, and Filabres-Tabernas.
The first stage on Saturday, April 27 will cover a challenging 98 km loop starting and ending in Los Gallardos. The event will conclude on Sunday, April 28.
Hyundai Almerialva steps up as the official vehicle sponsor, ensuring a smooth execution of the event. The competition underscores the region’s growing prominence in Spain’s amateur cycling scene.
Costa Blanca South An ocean of success
IN 2024 and 2025, Alicante Port Authority has ambitious plans to surpass the historical passenger records achieved last year.
With 95 scheduled stopovers and an estimated 215,000 passengers for this year, and 107 scheduled stopovers with over 250,000 estimated passengers for next year, the port is poised to reach unprecedented figures. This year alone represents a 30 per cent growth compared to 2023, with an economic impact of close to €60 million throughout the province. It is estimated that during stopovers, approximately 88 per cent of passengers disembark from the cruise, with an average expenditure of €74 per cruise passenger. With an average stopover of two days, nearly 9,000 people will have embarked on visits and excursions from the port, contributing approximately more than €600,000 to local businesses or services.
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20 euroweeklynews.com • Feature • 25 April - 1 May 2024
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EWN 25 April - 1 May 2024 HEALTH & BEAUTY II euroweeklynews.com 21
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HELPING a cat cope with sudden noises involves creating a safe and secure environment and using calming techniques. First, provide a designated safe space where your
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Criticised over Saudi deal Hey Jude a Classico
IN a nail-biting El Clasico showdown, Jude Bellingham etched his name in Real Madrid’s history books with a dramatic late goal, securing a crucial victory over arch-rivals Barcelona. The match played at the iconic Bernabeu stadium, saw Real Madrid tenlead commanding 11 points at the top of La Liga.
to claw their way back into contention with a Vinicius Jr penalty just before half-time. Fermin Lopez then put Barcelona ahead again, but Lucas Vazquez ensured parity with another equaliser for Real Madrid.
the roof of the net. This throughout.
lidifies Real Madrid’s grip on the La Liga title race but also extends their unbeaten streak across all competitions to an impressive 28 matches. Bellingham’s impact has been nothing short of remarkable since his arrival, with his performance in El Clasico further highlighting his importanCarlo Ancelotti’s side. With just six games remaining in the season, Real Madrid stands on the cusp of reclaiming the La Liga crown, thanks in no small part to the heroics of Jude Bellingham and their resilient squad. As the celebrations reverberate through the streets of Madrid, one thing is certain - Bellingham’s late winner has etched its place in El Clasico folklore, ensuring his legacy at the Bernabeu will endure for years to
EARLIER this year, Saudi Arabia held its debut snooker event with O’Sullivan clinching victory at the World Masters of Snooker. This newly formed agreement, announced on April 16, integrates the Riyadh Season as an official collaborator of the World Championships.
Bellingham’s heroics came in stoppage time, as he smashed the ball into the roof of the net. This crucial strike marked his second goal in another El Clasico clash, cementing his status as a big-game player for the Spanish giants. The game itself was a rollercoaster of emotions, with both sides trading blows throughout. Barcelona took an early lead through Andres Christensen, only for Real Madrid
stands part squad. As the the
Saudi Arabia’s Chairman of the General Entertainment authority, Turki Alalshikh announced on Twitter/X: ‘An official partnership between Riyadh Season and the World Snooker Tour aimed at promoting the sport of snooker in the Kingdom, with the world’s number one ranked player, Ronnie O’Sullivan, serving as the ambassador of the game in Saudi Arabia.’
With the Crucible Theatre’s contract due to expire in 2027, this new partnership opens up discussions about the future venue for the World Snooker Championships.
O’Sullivan has pledged to participate in both the World Masters of Snooker and the Saudi Arabia Snooker Masters throughout the contract’s duration.
Speaking of the tournament in Riyadh last month the 48-year-old snooker legend expressed his thanks: “What a night!! Thank you to the organisers [at] RiyadhSeason, to Turki Alalshikh, and also
support and love I’ve received out here from all the fans,” O’Sullivan stated on his Twitter/X platform.
However, according to GB News, the snooker star’s involvement has not been well-received by some supporters in the UK. On social media, one user expressed disappointment, calling him ‘sell out O’Sullivan.’
Others voiced their disapproval with comments like ‘Everyone involved should be ashamed’ and ‘You are going to destroy this beautiful sport.’ The discontent underscores a broader unease about the sport’s direction.
Second seed O’Sullivan, chasing a record eighth win, begins his 2024 World Snooker Championship campaign on Wednesday, April 24 at 2.30pm against Jackson Page. The event kicked off in Sheffield on April 20 and will conclude on May 6.
24 euroweeklynews.com 25 April - 1 May 2024 • Sport •
Credit: Turki_alalshikh/X