Axarquia 9 – 15 May 2024 Issue 2027

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Almuñecar awaits

ALMUÑECAR is in the spotlight once more as it is highlighted as one of the top towns in Spain to retire in. In fact, the top three towns were all in the Region of Andalucia with Benalmadena and Mijas in the top three along with Almuñecar.

Renowned for its tranquillity this Andalucian town offers retirees a perfect blend of natural beauty, historical charm, and

VOLUNTEERS from Lux Mundi are extending a helping hand to families in need in the Torre Del Mar area through their ongoing food drive initiative Food Drive Torre del Mar. This May, they aim to pack essential items for 30 local families on Thursday, May 23. The drive seeks donations of various items including sunflower oil, sugar, pasta, coffee, and more.

Community members can contribute by placing items in designated collection boxes at locations such as Café at Vals Sports Centre, BluCee Estate Agent, Oasis Hair and Beauty, or Lux-Mundi Centro Ecumenico. Monetary donations are

a welcoming community along with essential services. With its 20 sun-kissed beaches and an enviable 340 days of sunshine annually, Almuñecar boasts a Mediterranean lifestyle that attracts international residents and tourists.

The town, originally founded by the Phoenicians, provides a variety of recreational activities, from swimming and scuba diving to golfing and para-

gliding. The Aqua Tropic Water Park and the Bonsai Garden Museum add to the appeal of this coastal town.

For retirees seeking a tranquil coastal lifestyle, Almuñecar offers an idyllic retreat. Its well-equipped public health centre, open round the clock, ensures peace of mind for residents. Moreover, Almuñecar’s thriving agricultural scene provides subtropical

fruits, including avocados and mangos, enriching the local cuisine and economy.

As retirees increasingly seek new horizons and lifestyles, post-career Spain is always a top choice. With the endorsement of the national press and online publications like International Living Almuñecar reinforces its position as a prime destination for those embracing the next chapter of life.

Community action

also welcomed through BIZUM with the code 07388 or via their GoFundMe page.

The volunteers express their gratitude for any support extended, emphasising the importance of collective efforts in combating food insecurity within the community.

Beach Library

TORRE DEL MAR’S Biblioplaya (beach library) offers a unique twist on beach relaxation. This openair library lets you unwind with a good book beside the soothing ocean waves.

Recently expanded, the Biblioplaya boasts double the space for reading, shade, and book storage. This caters to the programme’s increasing popularity, with users jumping from 10,127 in 2022 to 15,410 in 2023. The diverse selection, including books, magazines, and newspapers (including the Euro Weekly News Axarquia edition!) in multiple languages, attracts not just locals but international visitors too.

Beyond leisure reading, the Biblioplaya serves as an educational hub. Local schools and institutions use the space for educational activities and environmental programmes. Upgraded facilities, including more shaded areas, seating, restrooms, and book storage, further enhance the user experience.

The Biblioplaya has become a cherished landmark, exemplifying the perfect blend of leisure, education, and nature. So, for a unique cultural experience on your next trip to Torre del Mar, pack a beach towel and your favourite book!

FREE FREE
Axarquia • Issue No. 2027 •9 - 15 May 2024 FREI GRATIS GRATIS GRATIS GRATIS GRATUITO VRIJ LIVRE
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Image: Shutterstock/ Luc V. de Zeeuw Spain’s coastal retirement hotspot. PERFECT BLEND: Sun, sand, and stories.
ESSENTIAL ITEMS: May Food Drive. Image: Food Drive Torre Del Mar
Image: Tenencia de Alcaldía de Torre del Mar

Exploring Cabra

New fire station

Catherine McGeer LUX MUNDI, Torre del Mar, recently organised a day trip to Cabra in the province of Cordoba. Their journey unfolded with visits to Cabra’s notable landmarks, including the tourist office decorated with beautiful flowers, remnants of the Arab wall, the historic parish church of Asuncion and Angeles, and the remains of the Castle of the Counts of Cabra and were able to stand on the defensive walls and take in the views of the surrounding countryside.

Strolling through the medieval town’s whitewashed streets, they marvelled at the ancient church of San Juan del Cerro, dating back to the seventh century. A highlight was the former convent of San Juan de Dios, now a private club, boasting a picturesque patio.

The excursion concluded with a visit to the Archaeological Museum, showcasing artifacts around a central red marble courtyard. Lux Mundi expressed gratitude to all participants, whose support enables their charitable endea-

vours, inviting them to future events and excursions.

For more information about Lux Mundi’s activities and events please contact the Centre, Torre del Mar Tel. 952 543 334 E-mail: luxmundi@ lux-mundi.org.

THE Malaga Provincial Government has greenlit the construction of a new fire station in Rincon de la Victoria with a budget of €4,356,000. This initiative aims to bolster emergency response capabilities in the area.

President Francisco Salado highlighted that the new fire station will host the central offices of the Malaga Provincial Fire Consortium (CPB), currently operating from the capital, consolidating administrative and technical control in one location. It will also establish an Emergency Coordination Centre manned by 10 operators overseeing the 14 remaining fire stations, serving 700,000 people across 97 towns. The building will be situated on Calle Sierra de Ronda. The new fire station will require additional staff from 15 to 20 firefighters, along with extra vehicles and equipment. This complements ongoing projects, including new fire stations in Antequera and Álora-Pizarra.

Road royalty

THE most expensive motorbikes in the world come from Velez-Malaga! Francisco Alí Manén, renowned for his exceptional craftsmanship, has made a name for himself in the world of motorcycle customisation.

Hailing from Velez-Malaga, Alí has now set his sights on the opulent landscape of the Middle East, where his bespoke

Harley-Davidsons are finding a new home among fans of luxury and exclusivity.

With prices ranging from €50,000 to €200,000, Alí’s creations are not merely motorcycles; they are expressions of style and personality, meticulously crafted to perfection.

The move to countries like Dubai, Qatar, and Saudi Arabia has been fuelled by Alí’s international acclaim, attracting clients from Europe and beyond, including royalty and industry magnates. By tapping into the affluent market of the Middle East, he not only gains prestigious clients but also enhances his reputation as one of the world’s foremost motorcycle customisers.

His international recognition also shines a spotlight on the local community of Velez-Malaga.

2 euroweeklynews.com 9 - 15 May 2024
• Local News •
A day of exploration with Lux Mundi.

TV spot

THE Spanish TV station Cuatro will visit Comares on May 22 with the program ‘Volando Voy’ (I Go Flying) with the renowned TV presenter Jesus Calleja. He will be walking through the streets of Comares interviewing the residents.

No ads

THE local council in Rincon de la Victoria organised a cleaning campaign focused on removing all the unauthorised publicity posters and stickers throughout the town. They began at the end of April and have already removed around 50 per cent.

Walking tour

MADINAT BALISH in conjunction with the Velez-Malaga Town Hall is hosting a theatricalised walking tour in English in Velez-Malaga on Sunday, May 19 at 10am from Plaza de la Constitucion. If interested contact sha rqandalus@gmail.com / 0034 628 665 670.

Pub quiz

BAR Colibri in Torre del Mar is hosting a pub quiz on May 19 at 2pm. Test your general knowledge and enjoy a fun afternoon. To register your team call 0034 638 128 201.

Discover Comares

IN the heart of the Axarquia region in the province of Malaga stands the picturesque town of Comares, a place steeped in history and natural beauty. Perched at an altitude of 703 metres above sea level, this charming town has a population of approximately 1,420 residents, who are known locally as ‘Moriscosos’ (Moriscans: people descendant of Muslims).

The name ‘Comares’ itself is a testament to its past, derived from the Arabic word ‘qumaris’ or ‘hins comarix,’ meaning ‘castle in the height.’ While originally established by the Greeks and Phoenicians in the seventh century BC, Comares ourished as a Moorish stronghold from the eighth century CE onwards, playing a pivotal role in regional history.

Where history meets beauty.

Comares, one of the 31 villages making up the Axarquia region, is situated at the

Local market

EVERY Saturday, the streets of Comares come alive with the bustling atmosphere of its weekly market, located on Calle de la Iglesia. This general market o ers a diverse array of goods, from fresh produce to handmade crafts.

Running from 9.00am until 2pm, it provides ample opportunity for locals and visitors to browse through the approximately 20 stalls.

Whether you’re in search of locally sourced fruits and vegetables, unique

souvenirs, or to simply enjoy the vibrant atmosphere, the Comares Saturday market has something for everyone.

It serves as not only a place to pick up fruit and veg but also a social gathering point, where neighbours can catch up and visitors can experience the charm of this picturesque village.

So, mark your calendars, and don’t miss out on the lively scene at the Comares weekly market this weekend!

San Isidro

THE town of Comares is gearing up to celebrate the Fiesta of San Isidro and they have released the poster and the schedule of events. The celebration will be from May 17 to May 19.

The Comares Town Hall has arranged a host of free events and activities for the esta. It includes outdoor concerts on the stunning Plaza Balcon de Axarquia as well as performances by Orquesta Me-

tropolis and DJ Leo Vargas in the Recinto de la Romeria.

There will also be a traditional ribbon horse race, a paella-tasting, and much more. The town hall has also organised buses from various di erent towns for di erent events to help all residents enjoy the festival. For more information about the lineup of events, the schedule, and the bus timetables and routes see the town hall Facebook page. The Comares Town Hall makes sure to translate all their social media posts into English in an e ort to include all residents in the local events.

Raisin Route

IN the heart of Axarquia, a region renowned for its stunning landscapes and rich cultural heritage, lies the Ruta de la Pasa (The Raisin Route).

This ancient trail winds through vineyards and olive groves, connecting villages steeped in history. One such village is Comares, perched on a hilltop with panoramic views of the surrounding countryside also known as the ‘Balcon de Axarquia’ (The Balcony of Axarquia).

foothills of the Montes de Malaga. Its landscape, lled with ravines, hamlets, and scattered farms, is dominated by the majestic hill of Mazmúllar, standing at 721 metres.

Despite its modest size, Comares plays a signi cant role in the region’s economy, primarily driven by agriculture. The cultivation of olives, grapes, and almonds thrives here, with the town being a key stop on the renowned Ruta de la Pasa (Raisin Route), dedicated to the production of the esteemed ‘Pasas de Málaga.’

In recent years, Comares has witnessed a growing rural tourism industry, attracting visitors eager to explore its rich cultural heritage.

Comares is not only known for its stunning vistas but also for its signi cant role in the production of raisins, a tradition dating back centuries. As part of the Ruta de la Pasa, visitors can explore Comares’ charming streets lined with whitewashed houses decorated with owers. Along the route, you can view the traditional drying beds known as ‘paseros,’ where grapes are left to dry in the sun, transforming into the sweet delicacy of raisins.

Wandering through Comares on the Ruta de la Pasa visitors can experience its agricultural heritage and the centuries-old methods of raisin production.

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NIBS EXTRA Image: Shutterstock/ Antonio Ciero Reina
FOR MORE NEWS STORIES euroweeklynews.com 3 euroweeklynews.com 9 - 15 May 2024 • Local News • A taste of tradition. Image: Shutterstock/ Q77photo

Cheese & Wine

Grace Meredith

TORRE DEL MAR gears up for a delectable weekend as it hosts the 12th beloved Artisan Goat Cheese and Axarquia Wine Market on Sunday, May 12. Set to begin at 10am along the Paseo de Larios, the market promises a tempting array of flavours until 6pm.

This year’s focus turns to Almachar, as announced by Jesús Pérez Atencia, first deputy mayor of Velez-Malaga along with other local councillors.

The event, initially delayed due to weather, boasts a variety of gastronomic activities, to

create a culinary celebration of the region.

Day trip fun

Support charity, enjoy Benalmadena.

THE Axarquia Animal Rescue and the Royal British Legion Benajarafe have joined forces to organise an exciting fundraiser - a day trip to Benalmadena on June 14.

Pérez Atencia expressed gratitude for the initiative, highlighting the market’s role in promoting local gastronomy and promoting regional connections.

César Díaz emphasised the event’s popularity and growth, teasing exciting additions like

award-winning cheeses from Spain’s Salón Gourmet. Meanwhile, Mario Torres hailed such gatherings as pivotal for regional collaboration, hinting at the inclusion of Almachar’s famed Ajo Blanco, the famous cold soup from the region, a cornerstone of the province’s culinary heritage. So, mark your calendars and don’t miss out on this tasty event.

The itinerary promises a delightful experience, starting with a visit to the vibrant street market and picturesque marina. Participants will also have the opportunity to shop in Iceland for essentials.

Tickets are priced at €20 per person, covering transportation, insurance, and a raffle ticket. Coach pickups will begin at 9am from El Cruce, followed by stops in Torre del Mar and Benajarafe.

The group plans to arrive at the Arroyo de Miel market by 10am for a two-hour exploration before heading to the marina. Departure from the marina is scheduled for 3pm, with a final stop at Iceland for food shopping before returning home by 5pm.

To reserve your spot, contact Liz on 657 293 336 or visit Sam at Trapiche Market. Join them for a day of fun while supporting two worthy causes!

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Image: Shutterstock/ Valery Bareta
Image: Shutterstock/ Studio Peace
TEMPTING FLAVOURS: Torre del Mar Cheese Market.

Spring fiestas

Grace Meredith

THE Romería de San Isidro Labrador, an annual event celebrating the patron saint of farmers, is set to take place in Torrecuevas, Almuñecar, on May 19.

Following a mass at the El Salvador temple honouring the patron saint, participants will parade through the streets of Almuñecar to reach the Torrecuevas ravine, where the festivities, including a parade of caravans and floats, will take place.

Alberto García Gilabert, the councillor for Culture and Festivities, along with local councillors, announced the event’s details. García Gilabert noted the growing participation, with more lo-

cals and floats joining in each year. The procession will set off from El Salvador Church in the P-4 neighbourhood, winding through various streets before settling in Calle Caicillos.

García Gilabert and Lucas Vallejo extended an invitation to all residents of Almuñecar and its surroundings to partake in the Romería, either by creating a float or accompanying San Isidro on his pilgrimage. In Spain, a ‘romería’ refers to a religious pilgrimage or procession typically honouring a patron saint. Locals often dress in traditional clothing, and there is usually music, dancing, and sometimes even horseback riding or traditional games.

41 Club Nerja’s new Chairman

A BRILLIANT past year, which saw 41 Club Nerja go from strength to strength, bringing in six new members, enjoying an abundance of social activity and raising money for the local community was toasted by members at their AGM on Thursday April 25.

Retiring Chairman Dr Brian Karet lead the proceedings, which included members from all over Europe joining the event via a live televised Zoom Link.

Dr Karet thanked everyone for their contribution to the fabulous past year and then passed the reigns over for the year ahead to new Chairman Ted Moulson.

Ted had a colourful career as a Pharmacist in the UK, but also ran for 20 years a successful holiday business in the Scilly Isles. Now retired Ted and his wife Barbara split their time between their homes in Harrogate in

England and here in the lovely Axarquia countryside.

Ted’s objective for the year ahead is to maintain the momentum built up by retiring Chairman Brian over the last year and ensure that 41 Club Nerja remains vibrant and welcoming. Further information from Publicity and Membership Officer Steve Ryan at steve.ryan.sr56@ gmail.com.

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Image: Almuñecar Town Hall. THE ROMERÍA: Rural Spain at its best.

INTERVIEW

Speaking European –Hannie Musk

HANNIE MUSK moved to Spain one and a half years ago with her husband. She first visited Costa Blanca and found a job at the SGGZ health clinic. She called her husband to say: “I feel at home here. The only thing I miss is you. So come here and let’s stay.”

Hannie often mis ses her children and her grandson back in the Netherlands but her daughter rents an apartment and her son is currently moving to Spain.

Tired of the cold rain and the constant rush of the people, Hannie wanted something different. And she found it in Spain.

“I want to live outside. I want to live in the sun. And now I finally get to do that. My life is so much better.”

Hannie is now self-employed working as an online therapist supporting people with burnout and chronic stress. She also offers a 10-day treatment in Spain.

“After I sold my house in the Netherlands, I finally learnt what freedom is. You have only one life. If you want to do something, just do it.”

Find out more about Hannie at https:// www.strengthenbalance.nl/

QUIRKY TOWN

White out rather than wipe out in Ibi battles.

Food fight in Ibi

John Smith

IN Spain, December 28 is known as Día de los Santos Inocentes (Day of the Holy Innocents) and is the equivalent of April Fool’s Day in the UK or Poisson d’avril in France.

It’s associated with the fact that King Herod ordered that all boys under the age of two in Bethlehem should be executed in order to eradicate the new King of the Jews (Jesus).

This has now turned into a fun day, none more so than in the town of Ibi in Alicante which has held its annual Els Enfarinats event for the past two centuries.

Residents dress up in fake military uniforms and appoint a mayor for the day after pulling off a generally blood-

THE Euro Weekly News surveyed their readers in a recent Facebook post on whether they prefer to pay by cash or card and the answer was almost unanimous.

“Cash is king,” commented Diane Heston, and was one amongst the hundred who held this opinion.

A common argument was that more money is

less coup d’état.

Needless to say, there is a battle or in fact several battles but rather than using guns and swords, the military might is composed of flour, eggs, fire extinguishers and fireworks. The new government enacts a number of crazy laws and if anyone is caught breaking them then they are fined, but the money collected goes to local charities.

Basically, it’s a free for all although everyone is warned about the dangers of bangers and after the morning battles, the combatants and audience stop for lunch before returning to the fray in the afternoon. Next they stop for a dance, one more fight and then having cleaned up again, enjoy a celebration with more dancing, some food and drink.

No cards

saved through cash.

Alexander Ongley commented: “With cash, you know how much is left and cannot overspend.”

Susan McNulty agreed: “It’s more controllable.”

However, Alison Hyatt said that it isn’t always a choice: “Some companies will not accept cash.”

Many expressed their concerns about banks: “I am totally against a cashless society. Banks already have way too much power,” said Brian Francis.

As Lorraine Taylor brought to attention, ATMs aren’t always easily accessible: “It would be better if ATMs were more available, I would draw more cash out instead of using cards.”

Although these factors vary across Spain, the survey by Banco de España in 2022, revealed that four out of 10 citizens had difficulty withdrawing cash, mostly due to working hours limitations.

The study proved cash was preferred nationwide, with transactions in 2021 being 70 per cent by cash and 45 per cent by card.

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Hannie Musk learnt what freedom was when she moved from the Netherlands to Costa Blanca in Spain. Hannie Musk
Credit: Creative Commons

Free in Madrid

Anna Akopyan

THE Dutch Princess Amalia was forced to leave her life in the Netherlands due to kidnapping threats, seeking seclusion in Madrid. Now, back in her home country, she spoke out for the rst time about her life during the di cult times. United with her family for the King’s Day, Princess Amalia talked to the Press about her life in Madrid: “I must honestly say that it was a wonderful time, which also made life here somewhat possible.”

The Princess revealed that living in Madrid gave her freedom which she felt she was losing: “I was able to nd my freedom a little more there than was possible here.”

Since February 2024, the Dutch Princess has returned to her country to continue her studies at Amsterdam University.

Up in smoke VOX Pop

EARLIER this year, the German government relaxed rules concerning personal possession of marihuana allowing those 18 and over to not only possess 25 grams for personal use but to grow up to three plants - do you think this is a good or bad idea and should this be adopted in Spain?

King Willem-Alexander had previously thanked the Spanish Royal Family for “a touching show of friendship at a di cult time,” as King Felipe and Queen Letizia “helped arrange” the Princess’ stay in Madrid.

The King referenced his deep feelings for Spain, as it is where he met his wife Maxima. He emphasised to the Press: “A visit to Spain always feels like an embrace. Not only for us, but also for our eldest daughter.”

PHILIP ROGAN from Ireland who lives in Palma said “Alcohol is a legal and extremely dangerous drug yet is put front and centre of our social lives. Marihuana has been demonised. Why? In my opinion, the government should make it legal, make it easy, collect taxes and focus on world issues that are of genuine concern.

KATERINA POPLAVSKAYA from Poland and now living in Benidorm was opposed “I think making this legal in Spain is an awful idea. No drugs should be legalised and marihuana is a drug. Legalising it can lead to excessive use and people who are genetically more likely to become addicted can use cannabis as a gateway drug to more serious substances. There’s so much insight on the use of marihuana and it’s clear that it has deteriorating e ects on the brain; why this should be encouraged, I do not understand.”

DEAN PAGE DODSWORTH who moved to Spain from the UK has gained certi cation and developed a high level of knowledge from The Cannabis Training University so unsurprisingly said “I strongly advocate for the total legalisation of marihuana in Spain. Taxing the product would generate huge revenue for the government

bene ting society. Legislation would ensure that users have access to a regulated, safe product. There is no compelling reason for Spain not to legalise marihuana.”

HEATH, an Australian moved to Almeria six years ago and was fairly ambivalent on the subject “I neither advocate nor condone recreational drug use. However, any steps to reduce the monopoly on drugs held by organised criminal gangs is welcome. Home growing of any amount is impossible to police, but again it’s relative: people would be better o smoking home-grown plants than consuming the hydroponically-grown ‘skunk’ favoured by drug cartels.”

CHRISTIANE STERNBERG from Germany observed that “the Spanish attitude towards marihuana is notably more relaxed than in Germany. Public perception is more favourable here. It would seem logical for Spain to take a cue from Germany and consider revising its legislation accordingly.”

EMMA BOARDMAN who is British and lives in Palma - I’m a big fan of the recreational use of marihuana - some of the most brilliant people I know use it to take their creativity to the next level. So, yes, I am in favour of a new approach.

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PHILIP ROGAN CHRISTIANE STERNBERG EMMA BOARDMAN

Time to earn respect

LEAPY

LEE SAYS IT

OTHERS THINK IT

WHAT on earth is going on with the British police force? They continually gripe about being undermanned and ill equipped. They moan about being so weighed down with work they have been forced to downgrade ‘risk assessment’ of crimes to a ridiculous level and are constantly moaning that they simply ‘can’t cope’ with the latest crime figures.

As legitimate as these claims may be, our precious plod does seem to find the time to, dance around maypoles, thread their boots with rainbow laces and appear in a whole host of police reality programmes! Well, whereas laces and prancing about may not be very time consuming, I can assure you reality programmes most certainly are. There are 11 cop shows running at the moment, from Cops in the Sky to the most recent, which concerns seizing criminal’s assets. (scraping the barrel comes to mind!).

Well I’ve done a number of reality programmes (including a few I would rather forget!) And I can assure you they take forever. Every five minutes you see on

the screen can take hours to shoot. The retakes alone can be unbelievably time consuming. How can these ‘overworked’ rushed off their feet officers of the law possibly find the time to be ‘reality stars’?

Another thing these shows are inclined to do is eat into the respect the public should hold for its upholders of law and order. Any aura of mystique or invincibility is stripped away by these programmes, which often show the utter contempt a small number of individuals have for the upholders of law and order. With the wide publicity television creates, public order and criminal acts are then copied by other members of toe rag society, who would normally be wary of the unknown outcome their actions could bring. One of the worst displays of contempt for the law I have ever seen was the disgraceful episode of the man at the Notting Hill Gate carnival who simulating the sex act on a WPC. Instead of arresting him there and then, the officer tried vainly to squirm away from him, looking for all the world like some embarrassed giggling young schoolgirl. The whole unsavoury incident was captured on camera and received about a million hits on social media. No doubt this creep is still strutting around revelling in his

new-found notoriety. Mind you the fact that he was of ethnic origin meant they were probably too frightened to arrest him anyway. ( It’s a culture thing ennit!?)

No, I’m sorry but respect for the law is obtained by solving crime and putting away the bad guys, not strutting around like jumped up, ego tripping American TV robo cops. Let’s all get back to the true reality. The fact that glamourising the police doesn’t do one iota toward rooting out criminals. Posing on telly and signing autographs simply doesn’t hack it. It’s time the powers that be put a complete ban on all Cop reality shows. Let’s restrict their TV appearances to announcements of successful conclusions to crime investigations. Now THAT’S the way to earn respect.

Well I see Mr Khan has been re-elected the Mayor of London. One of the first things he wants to do is chop down all the beautiful trees in Holland Park avenue and install cycle lanes in their place! RIP London, you will never be the same again. Well, I suppose it’s one way of rewarding a large portion of the pedalling public who voted for him. 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.

Walpurgis Night

SWEDEN kicks off for spring with a traditional night of songs and bonfires on April 30.

Walpurgis Night, ‘Valborg’ in Swedish, is the last day of April, spent in celebration of spring and community spirit.

Dating back to the Middle Ages, it was initially the Germans who brought the festive tradition to Sweden, in honour of the eighth century German saint, Walpurgis. In medieval times, April 30 marked the end of the administrative year; local merchants and craftsmen celebrated by dancing and singing in anticipation of spring.

It was also a significant day for peasants and farmers, who attended the annual village meeting, letting their animals run free while they enjoyed eggs and schnapps with friends and family. During this time, bonfires became the centre of the festivity, lit up to scare away predators

Today, the Walpurgis Night is spent in unifying choral singing by bonfires as people get together to feel the warmth of the upcoming season.

Many Swedish high school students also use the day to celebrate their nearing graduation, while higher students dress in authentic student caps, white with a black peak, and sing to welcome a bright future.

9 euroweeklynews.com 9 - 15 May 2024 • Feature/News •
Credit:Min An, Pexels
Bonfires are lit to scare off predators.

AXARQUÍA - MÁLAGA EAST

May Events

AS the summer approaches, Almuñecar gears up to bring a range of events and activities to its streets and squares, with a variety of events suitable for all tastes and ages. Alberto García Gilabert, the councillor for Culture, emphasised the town’s ongoing commitment to cultural richness throughout the year.

Kicking off the month’s agenda is the ‘Ensemble de Violonchelos ‘Reverso’ (‘Musical Ensemble of Cellos ‘Reversos’) presented by Juventudes Musicales on May 10 at 8pm at Casa de la Cultura. This is followed

by the theatrical performance of ‘Chelsea Hotel’ on May 11 at the same venue. A highlight for the children of Almuñecar will be the production of Beauty and the Beast on Saturday, May 25 at 6pm. The tickets are priced at €11. The lineup also features concerts, theatre productions, storytelling sessions for children, guided historical tours, and a variety of

musical performances, showcasing the town’s rich cultural heritage.

Residents and visitors are encouraged to participate in these events.

Ticket sales are available at various locations including Casa de la Cultura, Viajes Azulmarino, and Librería Contreras.

For more information see almunecar.es or the town hall social media pages.

Explore Torre del Mar Walking Tour

BITACORA Torre del Mar, in collaboration with Axarquia News and Travel, is set to host an exciting event titled the Torre del Mar Walking Tour on May 11, starting at 11am. The tour promises participants an enriching experience exploring the charming streets of Torre del Mar.

For a fee of €15, attendees will receive a guided tour along with some

ON May 12 the Salobreña Eco-Market welcomes sustainability fans from 9am until 2pm. The market promises a diverse array of offerings, ranging from fresh produce to eco-friendly fashion.

In collaboration with Cal y Caña and Ecologistas en Acción, this month’s highlight is the ‘Replanteando Salobreña’ (Replanting Salobreña) project. Where you can take part in a nature walk through the vega of La Guardia and the cliffs, departing from the Eco Mercado at 9am and returning by 2pm for lunch with music.

At noon, attendees of the market can join a discussion on gender violence led by psychologist Charo Casquero and legal advisor Idoia Santos. This insightful talk, organised by the Area of Equality of Salobreña, promises valuable insights.

The day is set to be a blend of entertainment, education, and positive energy. Don’t miss out on this opportunity for a day filled with fun and learning at the Eco-Market!

delicious tapas and wine. The journey begins at the Church in Torre del Mar, offering a glimpse into the town’s rich history and cultural heritage. Those interested can obtain further details by contacting the organisers via email at planesaxarquia@gmail. com. Don’t miss this opportunity to discover the hidden gems of Torre del Mar!

BBQ beats

BAR Los Amigos in Torrox invites everyone to a lively day out on Saturday, May 25. Starting at 3pm, they’re hosting a BBQ accompanied by fantastic live music from LIGHT LUNCH. The festivities continue with KEV’S DISCO spinning tunes late into the night. Best of all, entry is free, and all are welcome to join the fun. For more details, feel free to contact them on 641 442 379. The bar is situated in Urb. Torrox Park, Tablazo Norte, Torrox. Don’t miss this opportunity to enjoy good food, great music, and a vibrant atmosphere with friends and family.

Image: Shutterstock/Friends Stock
Eco morning
Image: Ecomercado de Salobreña Image: Shutterstock/ BearFotos Image :Bar Los Amigos Torrox

Beer Festival Tribute

Catherine McGeer

FROM Friday, May 10 to Sunday, May 12, beer enthusiasts can enjoy brews from Belgium, Germany, the Czech Republic, and Spain, alongside German sausages, Chilean and Argentine food, Italian cuisine, Turkish delights, and live music.

Beer aficionados have an unmissable date this weekend in Rincon de la Victoria, as it hosts the Birra&Art Craft Beer Festival. The event will take place at Plaza Al-Ándalus in Rincon

de la Victoria, featuring a fusion of gastronomy, leisure, live music, and master brewers offering artisanal beers from Belgium, Germany, the Czech Republic, and Spain. “All complemented by live music acts and international food stalls,” explained Tourism councillor Antonio José Martín. To balance the beer, visitors can sample German sausages, Chilean and Argentine grilled food, Italian dishes, and Turkish delights. The festival kicks off on Friday, May 10,

at 7pm, remaining open until midnight. On Saturday, May 11, it runs from 12pm to midnight, and on Sunday, May 12, from 12pm to 7pm.

Throughout the weekend, live music acts will entertain attendees: Friday 10: BANDido takes the stage at 8pm and Queen Vision at 10pm. On Saturday: BANDido plays at 3.30pm, Eliza Handley at 8pm, and La Surfera at 10pm. On Sunday 12: Dance & Dreams children’s singalong will take place at 12.30pm.

TORROX is gearing up for a spectacular musical extravaganza as the ‘Taytantos Festival’ prepares to celebrate ABBA’s timeless legacy.

Marking the 50th anniversary of their iconic Eurovision victory with ‘Waterloo,’ the festival promises an unforgettable tribute to the Swedish pop sensation. Headlining the event is Euro ABBA, renowned for delivering the ultimate ABBA experience.

Joining the lineup are Maika Lavera Band, IV Cuatro, and DJ Nene, ensuring a night filled with a variety of musical delights. Set against the stunning backdrop of the La Granja complex, the festivities kick off on

June 29 at 10pm. What’s more, all proceeds will go towards supporting the Friendship Workshop of Nerja, a noble cause dedicated to enhancing the lives of people with disabilities and developmental disorders. Francis Baena, president of the Taytantos association, couldn’t contain his excitement, declaring Euro ABBA as Europe’s premier tribute act. He also commended the inclusion of local talents, highlighting the festival’s commitment to community spirit.

Gloria Matutano, president of the workshop, expressed heartfelt gratitude for the festival’s generosity, recognising its significant impact on the local community.

Tickets will soon be available for purchase, offering music lovers a chance to revel in nostalgia while supporting a worthy cause at La Granja complex. Get ready to dance the night away in the name of charity and musical excellence!

EWN 9 - 15 May 2024 SOCIALSCENE II euroweeklynews.com 11
Image: Torrox Town Hall
Image: Shutterdtock

FINANCE

BUSINESS EXTRA

No names

THE UK’s Financial Conduct Authority (FCA), which until now has named firms under investigation only in “exceptional circumstances,” is resisting pressure from the City to abandon plans to name all companies. Chancellor Jeremy Hunt is also known not to support what he sees as a “disproportionate regulatory environment.”

Cupra triumph

SEAT had a record year in 2023, with profits reaching €625 million thanks to its high-performance Cupra model. Volkswagen, which has owned Seat since 1986, announced a first-quarter operating profit of €226 million for the Spanish subsidiary which sold 164,000 models, 5.8 per cent increase on the same period in 2023.

Still growing

SPAIN’S economy grew by 0.7 per cent during the first three months of 2024 for the third consecutive quarter owing to increased consumer spending and exports, the Institute for National Statistics (INE) announced. Analysts have predicted good summer figures and a growth rate of more than 2 per cent by the end of 2024.

More buybacks

MIKE ASHLEY’S Frasers Group which has already raised its stake in AO World, Boohoo and N Brown via buybacks this year, announced it will repurchase a further £80m (€93.53m) of its own shares, following a similar Frasers Group buyback scheme.

Bet on it

KEMI BADENOCH, UK

Business Secretary named Nigel Railton as Post Office chairman on May 1, replacing Henry Staunton who was dismissed in January 2024. Railton, former lottery operator Camelot’s chief executive, was for the strength of his experience in “transforming organisations,” Badenoch said.

€6.58 billion

in profits for Spain’s Banco Santander, BBVA, CaixaBank, Banco Sabadell, Bankinter and Unicaja in the first quarter of 2024, 17 per cent more than in 2023.

Out of print

THE UK’s principal banks earned £9.3 billion (€10.87 billion) between them in 2023 thanks to the Bank of England’s quantitative easing measures.

This unearned income was the result of the Bank’s decision to print money, initially to boost the economy during the worldwide financial crisis following the collapse of Lehman Brothers and later during the pandemic.

The bank used the newly printed money to spend £895 billion (€1,046 billion) on buying bonds, generally from high street banks, between 2009 and 2021. Lenders then depo-

sited the money in Bank of England accounts where the interest has mounted up.

According to figures quoted in the Telegraph, four large high street banks received £9.3 billion interest on their Bank of England reserves last year, more than double 2022’s

£3.9 billion (€4.56 billion).

Rising bank rates pushed up the banks’ payments, with NatWest telling a Treasury Select Committee that it received £2.9 billion (€3.39 billion) in 2023. Lloyds Banking Group received £3.6 billion (€4.21 billion), with £1.9 billion (€2.22 billion) going to

Sweet smell of success

COSMETICS and perfume group

Puig announced a €24.50 share price for its initial public offering (IPO).

This was at the top end of Puig’s €22 to €24.5 share price range and was “multiple times oversubscribed amid strong demand,” the company revealed in a document released by the National Securities Market Commission (CNMV), Spain’s stock market regulator.

This gives Puig, which owns the Charlotte Tilbury, Carolina Herrera and Paco Rabanne brands amongst

Flood or storm

BUTLINS is fighting a legal battle to define the weather conditions which forced its Minehead (Somerset) camp to close in September 2023.

The company’s insurers say the site was affected by a storm, with compensation limited to £25 million (€29.25 million).

Butlins insists it was flooded and has claimed a £60 million (€70.15 million) payout for flood damage.

“As a matter of ordinary English and/or a matter of law, a ‘storm’ occurs only where there is high wind,” legal documents seen by the Telegraph maintained.

others, a €13.9 billion market capitalisation.

Investors include Criteria, CaixaBank’s investment portfolio, with a 3.05 per cent stake worth €425 million. The Puig family expects to raise around €3 billion through the sale of Class B shares, which grant the same economic rights as Class A shares but confer fewer voting rights. This means that the family can still control company founded in Barcelona by Antonio Puig in 1914 and now headed by chairman and chief executive Marc Puig.

Giant merger

A&O SHEARMAN announced the “successful completion” of the merger between the British law firm Allen & Overy and the US law office, Shearman & Sterling, on May 1.

Equally conversant with British and US law as well as the laws of the countries where the world’s most dynamic markets are located, the global firm has 47 offices in 29 countries, with 7,000 employees and roughly 4,000 lawyers, of whom 800 are partners.

The merged offices will have a combined annual revenue of $3.5 billion (€3.28 billion), the third highest for any law firm worldwide.

The company’s Spanish partners and co-directors Antonio Vazquez Guillen and Ignacio Ruiz Camara will play “a relevant role”, according to Spain’s’s financial media. Vazquez-Guillen heads Procedural Law worldwide, while Ruiz-Camara is in charge of Continental Europe.

both Santander and Barclays.

When bank rates were low, the Bank made more from its bond investments than the interest it paid to banks, creating a profit that went to Treasury. Now that they are higher, Threadneedle Street is making a loss that is passed on to the Treasury and, ultimately, the taxpayer.

Quantitative easing will cost an annual £20 billion (€23.38 billion) until the first years of the next decade, the Bank calculates, equivalent to a third of the UK’s defence budget.

ASTON MARTIN shares lurched downwards by 14 per cent on May 1 as the company announced its first quarter results.

The carmaker admitted dipping £139m (€162.5m) into the red between January and the end of March, compared with £74m (€86.5m) 12 months ago. Sales fell 10 per cent to £268m (€313.4m), hindered by a 63 per cent decline in SUVs sold to dealerships.

Aston Martin’s billionaire executive chairman Laurence Stroll said the unimpressive figures were inevitable during a transition period when the company had ceased manufacturing old models and was preparing new versions.

Slower inflation

APRIL’S non-food prices rose at their slowest rate since December 2021 as clothing and footwear stores slashed prices.

The British Retail Consortium’s monthly report announced that shop owners struggling to move summer stock during a wet, cold spring helped April’s non-food prices to fall at an annual rate of 0.6 per cent.

Food prices increased by 3.4 per cent last month compared with 3.7 per cent in March, the Consortium said. Combined food and non-food inflation stood at 0.8 per cent in April, compared with 1.3 per cent for the year ending March 2024, its lowest level since December 2021.

SPANISH company Indra has won a 10-year contract with Ireland’s National Travel Authority.

The publicly-owned IT and defence systems company will provide a fare collection system for trams, buses, the national rail network and the future Dublin MetroLink, Indra said.

The company described the contract as “significant” and worth “hundreds of millions of euros” without giving details of the amounts involved.

Indra also said that the Ireland deal would reinforce its position in the English-speaking market.

THE Australian government granted Spanish multinational Iberdrola and five other companies feasibility licences to build an offshore windfarm.

Six more licences for the project off the Gippsland Coast (Victoria) will be issued once other companies have completed consultations with Indigenous groups.

“Iberdrola Australia is committed to sharing the benefits of the energy transition with local communities and businesses,” the company’s chief executive Ross Rolfe said.

12 euroweeklynews.com • 9 - 15 May 2024
STAT
OF WEEK
Losing traction Just the ticket Iberdrola in Oz
TONI PUIG: Puig family will still control newly-floated company. QUANTITATIVE EASING: Bank pays interest to high street banks. Photo credit: Flickr/Andrew Milligan sumo

3I Group 2.859,00 +17,00 +0,60% 151,11K

Group 2.703,0 +12,0 +0,45% 13,26K

Africa 114,70 +1,90 +1,68% 204,16K

American 2.745,0 +83,5 +3,14% 996,26K

2.148,00 +16,00 +0,75% 63,55K

Group 5.692,0 +56,0 +0,99% 23,69K

British Foods 2.654,0 +11,0 +0,42% 1,22M

Trader Group Plc

12.039,1 -116,9 -0,96% 146,42K

+8,60 +1,20% 76,83K

201,65 +0,65 +0,32% 5,43M

Developments 466,20 +5,90 +1,28% 161,75K Beazley 641,00 +1,50 +0,23% 302,28K

4.874,0 +72,0 +1,50% 10,54K BP 512,90 -2,90 -0,56% 2,91M

American Tobacco 2.379,0 +8,0 +0,34% 271,93K

Group 104,70 +1,15 +1,11% 2,10M

3.092,0 +6,0 +0,19% 19,14K

Group 1.171,0 +21,0 +1,83% 1,49M

127,70 +0,70 +0,55% 1,13M

Cola HBC AG 2.638,0 +2,0 +0,08% 32,10K

1,10M

Intl 4.731,0 +55,0 +1,18% 17,06K

5.520,0 +55,0 +1,01% 2,28K

2.767,0 +38,5 +1,41% 374,94K

3.752,00 +42,00 +1,13% 17,57K

788,20 +5,80 +0,74% 59,52K

+39,0 +1,20% 39,14K

+8,00 +0,46% 476,28K

+1,70 +0,52% 3,23M

2.230,0 +13,0 +0,59% 15,14K

Admiral
Anglo
Associated
AstraZeneca
Auto
Aviva
BAE
Barclays
Barratt
British
Bunzl
Centrica
Compass
ConvaTec
Croda
DCC
Diageo
Diploma
DS Smith
Endeavour Mining
Entain
Experian
F&C Invest
Flutter
Frasers 805,50
Fresnillo 551,50
Glencore
GSK plc 1.736,50
HALEON
Halma
Hikma Pharma 1.944,00 +19,00 +0,99%
Howden Joinery 861,00 +2,50 +0,29%
HSBC 709,50 +4,50 +0,64%
IAG 179,70 +1,40 +0,79%
IMI PLC 1.758,00 -1,00 -0,06%
Imperial Brands 1.849,50 +6,00 +0,33%
Informa 812,40 +8,00 +0,99% 146,51K InterContinental 7.786,8 -101,2 -1,28% 54,32K Intermediate Capital 2.151,20 +21,20 +1,00% 21,31K Intertek 4.942,0 +24,0 +0,49% 8,41K J Sainsbury 264,80 +0,60 +0,23% 282,29K JD Sports Fashion 114,49 +0,64 +0,56% 500,04K Kingfisher 245,80 +1,90 +0,78% 964,90K Land Securities 659,00 +1,50 +0,23% 65,27K Legal & General 238,12 +2,32 +0,98% 549,52K Lloyds Banking 52,60 +0,54 +1,04% 12,90M London Stock Exchange 9.106,0 +50,0 +0,55% 42,95K M&G 199,05 +1,15 +0,58% 4,67M Marks & Spencer 255,67 +1,07 +0,42% 644,60K Melrose Industries 606,90 +3,90 +0,65% 332,46K Mondi 1.529,50 -24,50 -1,58% 650,43K National Grid 1.059,00 0,00 0,00% 367,62K NatWest Group 305,70 +2,50 +0,82% 936,87K Next 9.028,0 +50,0 +0,56% 5,72K Ocado 353,44 +3,44 +0,98% 195,99K Pearson 985,40 +11,00 +1,13% 96,96K Pershing Square 50,30 +0,20 +0,40% 0,81K Persimmon 1.318,5 +13,0 +1,00% 73,10K Phoenix 491,60 +3,60 +0,74% 1,83M Prudential 738,00 +9,40 +1,29% 586,66K Reckitt Benckiser 4.495,0 +26,0 +0,58% 147,12K Relx 3.338,00 +54,00 +1,64% 395,20K Rentokil 405,60 +4,60 +1,15% 290,78K Rightmove 532,00 +5,20 +0,99% 64,71K Rio Tinto PLC 5.476,0 +34,0 +0,62% 375,93K Rolls-Royce Holdings 411,50 +5,00 +1,23% 961,28K RS PLC 754,00 +7,50 +1,00% 42,84K Sage 1.169,50 +9,00 +0,78% 73,54K Schroders 351,8 +3,6 +1,03% 69,99K Scottish Mortgage 868,44 +10,84 +1,26% 480,49K Segro 869,20 +1,40 +0,16% 132,39K Severn Trent 2.504,0 +27,0 +1,09% 48,78K Shell 2.871,0 -2,0 -0,07% 691,83K Smith & Nephew 995,80 +10,20 +1,03% 190,86K Smiths Group 1.629,00 +15,00 +0,93% 22,15K Smurfit Kappa 3.722,0 +46,0 +1,25% 26,71K Spirax-Sarco Engineering 8.790,0 +35,0 +0,40% 4,70K SSE 1.712,00 +16,00 +0,94% 144,36K St. James’s Place 438,80 +4,20 +0,97% 81,72K Standard Chartered 756,00 0,00 0,00% 1,51M Taylor Wimpey 134,92 +1,22 +0,91% 507,77K Tesco 298,80 -1,00 -0,33% 792,25K Unilever 4.170,0 -10,0 -0,24% 238,85K Unite 955,50 +2,00 +0,21% 21,94K United Utilities 1.057,50 +8,50 +0,81% 89,34K Vodafone Group PLC 68,300 +0,480 +0,71% 2,03M Weir Group 2.016,00 +6,00 +0,30% 9,96K Whitbread 3.012,0 +11,0 +0,37% 65,08K WPP 815,80 +11,60 +1,44% 196,77K 3M 96,81 -1,63 -1,66% 6,26M Amazon.com 184,72 +5,72 +3,20% 53,09M American Express 232,50 +1,04 +0,45% 2,70M Amgen 278,39 +1,02 +0,37% 2,63M Apple 173,18 +3,88 +2,29% 70,88M Boeing 178,85 +7,39 +4,31% 10,19M Caterpillar 335,44 +4,37 +1,32% 2,39M Chevron 160,73 +1,10 +0,69% 8,57M Cisco 46,79 -0,05 -0,11% 14,87M Coca-Cola 61,99 +0,06 +0,10% 10,97M Dow 56,83 -0,40 -0,70% 4,43M Goldman Sachs 432,57 +5,62 +1,32% 2,08M Home Depot 335,53 +3,56 +1,07% 3,13M Honeywell 193,64 -1,66 -0,85% 3,10M IBM 164,69 +0,26 +0,16% 3,82M Intel 30,51 +0,14 +0,46% 47,87M J&J 149,92 -1,26 -0,83% 8,33M JPMorgan 191,66 -0,20 -0,10% 6,49M McDonald’s 273,28 -1,15 -0,42% 3,08M Merck&Co 128,26 -0,54 -0,42% 7,42M Microsoft 397,84 +2,90 +0,73% 17,21M Nike 92,41 +2,07 +2,29% 7,26M Procter&Gamble 163,84 +0,44 +0,27% 5,59M Salesforce Inc 272,13 +3,44 +1,28% 3,65M The Travelers 214,37 +1,22 +0,57% 975,02K UnitedHealth 492,97 +8,86 +1,83% 3,20M Verizon 38,93 -0,27 -0,69% 17,22M Visa A 267,61 +0,29 +0,11% 5,04M Walmart 59,71 +0,86 +1,46% 15,74M Walt Disney 112,62 +2,14 +1,94% 6,77M M - Million Dollars Carvana Co. +33.77% 24.182M Paramount Global +21.62% 255,084 Avis Budget Group, Inc. +20.07% 2.317M Valmont Industries, Inc. +17.75% 586,241 FormFactor, Inc. +17.64% 1.718M GameStop Corp. +16.96% 8.423M Wayfair Inc. +16.05% 14.08M Lantheus Holdings, Inc. +16.01% 3.679M XPeng Inc. +15.76% 28.554M Bilibili Inc. +15.63% 15.866M Freshworks Inc. -19.62% 22.937M Appian Corporation -15.52% 2.286M Etsy, Inc. -15.06% 19.777M Qorvo, Inc. -14.50% 5.927M Remitly Global, Inc. -12.20% 7.455M Huntington Ingalls Industries, Inc. -11.50% 1.471M Bruker Corporation -11.31% 3.291M Banco Bilbao Vizcaya Argentaria, S.A. -10.54% 1.315M Paycom Software, Inc. -10.48% 2.741M DoorDash, Inc. -10.32% 19.938M PT Bank Mandiri (Persero) Tbk -9.78% 258,311 Company Change net / % Volume MAKE THE MOST OF YOUR MONEY WITH US See our advert on previous page 0.85541 1.16911 US dollar (USD) 1.0739 Japan yen (JPY) .................................. 164.60 Switzerland franc (CHF) 0.9747 Denmark kroner (DKK) 7.4581 Norway kroner (NOK) 11.747 Units per € THE ABOVE TABLE USES THE CURRENT INTERBANK EXCHANGE RATES, WHICH AREN’T REPRESENTATIVE OF THE RATE WE OFFER DOW JONES Closing Prices 6 May NASDAQ Closing Prices 6 May
Closing Prices 6 May 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 9 - 15 May 2024 euroweeklynews.com II FINANCE 14 currenciesdirect.com/marbella • Tel: +34 952 906 581
Airtel
Antofagasta
Ashtead
724,20
471,05 +2,65 +0,57% 484,19K B&M European Value Retail SA 519,80 +2,80 +0,54% 74,14K
Systems 1.345,50 +16,00 +1,20% 262,67K
Berkeley
BT
Burberry
Coca
2.231,00 +10,00 +0,45% 130,85K
Group 254,40 +5,00 +2,00%
357,00 +1,20 +0,34% 346,05K
1.638,00 -33,00 -1,98% 18,19K
3.295,0
1.000,74 +6,74 +0,68% 59,91K
Entertainment 15.490,0 +225,0 +1,47% 37,64K
+0,50 +0,06% 8,12K
-6,50 -1,17% 54,05K
452,28 -6,42 -1,40% 3,68M
330,30
6,63K
22,92K
1,99M
2,01M
88,48K
113,13K
LONDON - FTSE 100

BUSINESS EXTRA

London blues

THIRTY-SIX oil traders working for ExxonMobil risk dismissal for refusing to relocate from Brussels for London, owing to uncompetitive pay and “lack of flexibility” according to Bloomberg. Those who agree to the move, which the US oil giant said was “more convenient”, will be expected to work from the office five days a week.

Building block

A FOREMAN in charge of a building site can earn between €65,000 and €70,000 a year, compared with €45,000 paid to the architect who oversees the project. Veteran builders are in short supply owing to retirements and a shortage of skilled trainees prepared to take over.

LONDON-BASED mining company Anglo American rebuffed a £31 billion (€36.24 billion) approach from Australia’s BHP.

The all-share offer from the company – full name Broken Hill Propriety Companywould have been one of the industry’s biggest transactions in recent years but Anglo American investors have said the bid was too low and “highly opportunistic.”

The company announced that the board had unanimously agreed to turn down BHP’s proposal which “significantly undervalued” the company and its future prospects.

Not interested

Dia deal agreed

SPANISH supermarket chain Dia has sold all of its Portuguese business to France’s Auchan Group for €155 million.

Dia announced on April 30 that the deal was able to go ahead after receiving approval from Portugal’s Competition regulator, an essential condition for the transaction.

The Spanish company announced its intention of selling its 489 owned and fran-

chised stores in August 2023. This would enable the supermarket chain to focus on its strong points of local food distribution, chief executive Martin Tolcachir explained at the time.

Dia will actually receive €72.5 million “net of financial debt and other adjustments,” an amount which it would receive over the next two months, Dia said on April 30.

The deal, which would involve two separate Anglo American demergers, was unattractive, chairman Stuart Chambers said, and shareholders would have to shoulder the potential risks.

BHP’s own shareholders have called on the company to increase the Anglo American bid and sources said the Australian giant was revising its offer following its earlier unsuccessful approach.

Meanwhile, insiders close to Anglo American revealed that any bid would need to be close to £40 billion (€46.77 billion).

Anglo American, with an estimated £34 billion (€39.75 billion) market value, currently trails its rivals after shares plunged when it cut copper production forecasts owing to difficulties at its mines in Peru and Chile.

Despite the current negotiations, shares were practically unchanged and still trading at £25.60 (€29.93).

Wine buffs

THE chairmen of leading Valdepeñas bodegas Felix Solis and Garcia Carrion, both based in Ciudad Real, are currently under separate investigations by the National High Court in Madrid. They face charges of marketing wine under misleading labels between 2017 and 2019 but in their defence they maintain that the accusations are based on “incorrect interpretations” by the police.

A bargain

AURELIUS paid only £3.5 million (€4.09 million) upfront in its £207 million (€242.05 million) Body Shop deal with former owners Natura in November 2023, the Telegraph revealed. The private equity firm failed to continue its agreed performance-based payments over five years, which are now unlikely to be made after the Body Shop went into administration in February 2024.

EWN 9 - 15 May 2024 FINANCE II euroweeklynews.com 15
Photo credit: CC/Bahnfrend BHP: Australian mining giant has approached Anglo American.

Embrace the chill

COLD water swimming, once reserved for the bold and daring, is gaining popularity for its myriad health benefits. Plunging into icy waters may seem daunting, but the rewards are worth the initial shock.

Firstly, it boosts the immune system, invigorating the body and enhancing resilience against illnesses. Moreover, the cold water stimulates circulation, improving cardiovascular health and reducing inflammation. Beyond physical benefits, it promotes mental well-being, releasing endorphins that elevate mood and alleviate stress.

Additionally, the exhilarating experience fosters a sense of camaraderie among swimmers, creating a supportive community. As the icy embrace envelops you, embrace the opportunity to reap the rewards of cold water swimming for a healthier body and a happier mind, while connecting with the raw beauty of nature. Whether in serene lakes or bracing seas, each plunge offers a refreshing escape from the stresses of

Natural remedy

CASTOR oil has long been hailed as a natural remedy for hair growth, celebrated for its richness in ricinoleic acid, a type of fatty acid known to fight inflammation. When applied to the scalp, castor oil enhances the health of the hair follicles and, in turn, promotes hair growth. It also moisturises and softens hair, making it thicker and stronger, thereby preventing hair breakage and loss.

However, while many users report positive results, scientific evidence backing castor oil’s effectiveness for hair growth is limited. The benefits are primarily anecdotal, and what works for one person might not work for another. Additionally, castor oil is extremely thick and can be difficult to wash out, which might not suit everyone’s hair care routine.

For those considering castor oil, it’s advisable to use it sparingly and mix it with a lighter oil to make application easier. Always perform a patch

Brow rebellion

IN a surprising turn of events, the monobrow is making a comeback as a symbol of beauty and empowerment. Traditionally shunned and plucked into oblivion, this unibrow trend is now challenging conventional beauty standards.

Embraced by fashion icons and influencers, the monobrow is celebrated for its uniqueness and authenticity. Rather than conforming to societal norms of grooming, individuals are reclaiming their natural features with pride. This resurgence signifies a shift towards acceptance and diversity in beauty ideals. Moreover, the monobrow trend serves as a statement against excessive grooming and the pressure to adhere to unrealistic standards. By embracing the monobrow, individuals are embracing their true selves and promoting inclusivity in beauty.

As this eyebrow revolution gains momentum, it’s clear that beauty lies in embracing individuality and celebrating diversity.

Late Latte debate

THE debate over consuming coffee after noon revolves around its potential impact on sleep quality and overall health. While caffeine’s stimulating effects vary among individuals, consuming it later in the day may disrupt sleep patterns for some, leading to difficulty falling asleep or experiencing restless nights.

Additionally, caffeine’s half-life - the time it takes for half of it to be eliminated from the body - can range from three to seven hours, meaning that even an afternoon cup could linger in the system well into the evening, affecting sleep.

However, moderate coffee consumption later in the day may not negatively impact everyone. Some individuals

may metabolise caffeine efficiently, experiencing minimal disruption to their sleep cycle.

Ultimately, it’s crucial to listen to your body and assess how caffeine affects your sleep patterns individually. If you find that coffee after noon disrupts

EWN 9 - 15 May 2024 euroweeklynews.com II HEALTH & BEAUTY 16

Harmony or hindrance Cleanse before zzz’s

GOING to bed with make-up on may seem harmless, but it can have detrimental effects on your skin’s health and appearance. Make-up, especially foundation and con cealer, can clog pores and prevent the skin from breathing properly overnight. This can lead to acne breakouts, blackheads, and other skin irritations. Additionally, leaving eye make-up on can cause irritation and in fections, such as conjunctivitis or styes.

Moreover, make-up can trap dirt, oil, and environmental pollutants on the skin, accele rating the ageing process and contributing to dullness and uneven skin tone. By properly cleansing your face before bed, you allow your skin to repair and regenerate overnight, promoting a healthy complexion.

Make it a habit to remove make-up thorou ghly before bedtime to keep your skin clear, radiant, and free from potential long-term damage. Your skin will thank you for it in the morning!

SLEEP syncing, the practice of aligning sleep schedules with others, has gained attention for its potential benefits and drawbacks.

On the positi ve side, syncing sleep patterns can enhance social connections and strengthen relationships, as partners or family members share a common bedtime routine.

It may also promote consistency in sleep habits, leading to improved overall sleep quality and better health outcomes. However, there are downsides to consider. Discrepancies in individual sleep needs and preferences could lead to conflicts or compromises that disrupt sleep quality. Additionally, relying too heavily on sleep syncing may limit personal autonomy and hinder opportunities for self-care or relaxation.

Ultimately, while sleep syncing can foster closeness and routine, finding a balance that respects individual needs is key to reaping its benefits without sacrificing personal well-being.

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Costa del Sol

The jungle is calling

OLD mobile phones in exchange for giving a dignified life to a chimpanzee. For some time, the Marbella Basket team has been collecting old mobile phones to collaborate with the Jane Gooddall Institute and the fruit has already been achieved: the team has sponsored Zezé the Brave, a small chimpanzee.

The story of this little primate is tragic: Zezé’s mother was killed by poachers in Angola who wounded the four-year-old chimpanzee with a machete when he tried to defend her. He lost an eye. That is why he is called Zezé the Brave.

Now the primate from Marbella lives in the sanctuary of Tchimpounga, in the Republic of Congo, where the Jane Goodall Institute attends to the needs of more than 140 chimpanzees.

The Marbella sports club has already recycled more than 40 mobiles but asks anyone who has an old or unused mobile phone to hand it in.

Costa Blanca South Surging skyward

TOURIST accommodation in Alicante continues to experience rapid expansion, with nearly 300 new holiday lets registered last year. Additionally, 14 apartment blocks were either constructed or refurbished exclusively for short-term rentals.

In terms of capacity, these developments added 1,489 new apartment units to the city’s offerings, with complete buildings capable of accommodating 470 individuals.

Individual holiday rentals are prevalent in key areas such as the Old Town, the Traditional Centre, and the Beach District.

However, they are increasingly cropping up in adjacent neighbourhoods like Carolinas Bajas or San Blas.

Similarly, the apartment blocks are strategically distributed across the city: seven out of the 14 are situated between Alfonso el Sabio, Federico Soto, the Explanada, and the Santa Cruz neighbourhood.

Mallorca Sister Sledge in Palma

DANCEFLOORS around the globe have been ignited by infectious beats and timeless tunes from Sister Sledge for decades. This summer, the group is set to bring their legendary sound to Mallorca at Port Adriano Musical Festival.

Sister Sledge have performed in some of the most prestigious venues in the world, from Madison Square Garden to London’s Royal Albert Hall. They have entertained the Clintons at the White House, and Pope Francis during the 2015 World Meeting of Families.

Displaying a strong commitment to noble causes, the group recently took to the stage at a fundraising gala for a London air ambulance charity. The sisters were honoured to be in the company of HRH Prince William, the Prince of Wales.

For more information about the Port Adriano Music Festival, which takes place in July, visit portadrianomusic.es

Costa Blanca North Europe Day

SINCE 1985, Europe Day has been celebrated every year on May 9 to commemorate the Schuman Declaration; the first step towards European unity. Every year, Costa Blanca comes together to honour the long-standing cooperation between the EU nations.

Calpe Town Council prepared a programme, beginning at 11am with the raising of the European flag in Plaza Colon. At 12pm, the European Manifesto will be read out, followed by a giant paella shared at 1pm in Calalga.

In Altea, a manifesto will be read out in the Plaza de Jose Maria Planelles at 10am, followed by a rendition of the European anthem and the opening of an exhibition by the students of IES Bellaguarda.

In Alfas del Pi, a game will be held at 5.30pm in the House of Culture, aimed at people ‘between the ages of 18 and 30’.

Almeria Mojacar buyers

JASMINE HARMAN, the celebrated British TV host known for her two-decade tenure on Channel 4’s A Place in the Sun, recently helped a British couple secure a dream home in Mojacar, Almeria.The picturesque town in Almeria is popular with UK visitors and was highlighted as a top Spanish destination by The Telegraph earlier this year. Harman, who herself recently relocated to the Costa del Sol with her family, was filming in Almeria in April. She shared her enthusiasm on Instagram to her 167,000 followers, posting beside a pool, ‘Fantastic filming in Almeria this week! And what a result for the “house hunters’!’

‘I never get tired of this job.’ Despite challenges from the buyers, she remained upbeat, stating in another post, ‘They’re testing me, but I keep smiling. I keep hitting him with the C word: commitment.’

Costa Calida Hottest year

IN 2024, temperatures in the Murcia Region have soared to unprecedented levels, making it the hottest year on record. From January to April, the average temperature was 13.6 degrees Celsius, shattering a nearly 60-year-old record by nearly one degree.

This year follows the trend of 2023 in breaking climate records. The temperature spike, a striking 2.3 degrees above the historical average, indicates a concerning trend.

April, in particular, stood out as the fifth warmest on record, with an average temperature of 15.9 degrees Celsius, surpassing the norm by 1.5 degrees. This warmth was primarily driven by the first half of the month, with maximum temperatures reaching 22.7 degrees Celsius, over two degrees higher than the seasonal average. Despite intermittent rains towards the month’s end, drought conditions persist, with April marking the fourth driest in the century.

20 euroweeklynews.com • Feature • 9 - 15 May 2024
• EUROWEEKLYNEWS.COM •

PETS

Techy bowls

SMART bowls for pets are transforming the way we nourish our furry companions, offering a range of benefits for their well-being. These innovative bowls are equipped with various features to enhance feeding routines and monitor pet health. With built-in portion control and scheduling capabilities, smart bowls help maintain a balanced diet and prevent overeating, promoting healthy weight management. Some models even incorporate technology to customise feeding recommendations based on the pet’s breed, age,and activity level.

Additionally, smart bowls can track food consumption and provide insights into eating patterns, enabling pet owners to detect changes in appetite or

Pet-sitter stays with your pets and you have peace of mind

LEAVING pets anywhere when you travel on holiday can be stressful. And many believe it is always best to keep them at home in their own surroundings if at all possible, ideally with a caring pet lover who’ll watch over them. So how do you find the best pet-sitters?

Plus HouseSitMatch saves money because the pet-sitting is free!

If you use HouseSitMatch.com you find free checked pet-sitters who pay their way to stay in your home caring for your pets in your absence. It’s an arrangement facilitated by a managed online system. Our house and pet-sitting works as an exchange of services - free accommodation for free pet care!

se-sitters come to care for your pets in your absence. Your pets stay at home - safe and undisturbed

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Join our network for a small annual fee. You get ID checked for safety, then build an advert to find sitters. House-sitters see your advert, respond and you choose from the applicants.

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CHARITY

New Life Church Whether you live in Nerja or are visiting our area, you are very welcome to come and join us at our Sunday gathering. Join us for a time of Holy Spirit led worship and experience the

presence of our God. Our teaching is Bible based as we honour God and obey His Word. During this time of uncertainty, God’s Word reminds us that the Gospel shines brightest in times of darkness. Our service lasts for about 1 hour and 30 mins. With Tea and Coffee afterwards. Sunday Service 11.00am; Prayer Meetings Wednesdays 11.00am; Pasaje San Miguel, Nerja, 29780 Email:  info@ nlcnerja.com Website: www.nlcnerja.com Facebook:www.facebook. com/nlcnerj

CHARITY Shop Pocapecu nia we need things for the house/kitchen, decoration, vases, plates, cups, saucers, kitchen tools, paintings, pottery pots and pans etc. Prolongacion Avd. Rodgriguez Acosta, Nr the Parador Roundabout, opposite café Trébol, Nerja (294373)

CHURCH SERVICES

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ANDALUCIA WALKING FOOTBALL LEAGUE

Malaga Over 50s and AC Benahavis Over 60s League Champions!

AWFL Over 50s

Malaga 9 v 0 Internacionales Mollina

At first, Malaga struggled to break down the well-organised Mollina side. However, once the first goal went in, scored by Andres after a short free kick, there was little doubt about the outcome. Mark and Andres again made it 3-0 by half time. The second half saw the hosts shift up a gear and further goals from Mark (2), Fran (2) and Roberto (2) extended Malaga’s 100 per cent league record for this season.

Marbella Marbesula 2 v 2 Malaga

for much of the game, they never gave up and continued to show an admirable fighting spirit. However, the home side remained in control and could have scored more, if not for the visiting keeper who saved shot after shot. Benahavis

scorers were James (2), Rossi (2), Fitz (2), Wevs, Darrell and Kristof.

Nerja Utd 0 v 3 Marbella Marbesula (no match report available)

AWFL Over 60s

With Marbella snapping at their heals in the League and Malaga needing at least a draw to become Champions, this was always going to be a crunch match! The hosts took the lead in a closely fought first half but Roberto’s crisp shot for the visitors just before the break brought the equaliser. In a frantic second half, Malaga took the lead, again through Roberto, but then nerves set in and the visitors spent much of the half a man down through a variety of sin bin offences. Marbella’s pressure eventually gave them the equaliser with two minutes to go but Malaga were able to hang on to collect the point which made them League Champions for this season!

AC Benahavis 9 v 4 Nerja Utd

Although the visitors were under the cosh

Competa Boca Seniors 3 v 5 Spor-

Sporting began strongly and, with the rain making goalkeeping very difficult, were soon 3-0 up. Further first half action saw the score at 1-4 in the visitors’ favour. After the break, with Sporting having a player sin-binned for running offences, the hosts struck back with a hat-trick from John Hamilton. However, the visitors killed the game off with their fifth goal to take the points.

Sporting Benahavis 1 v 4 Nerja Utd

Tony Wells (2), Kev Sweeney and Andy field made it 4-0 for Nerja by the break in a powerful first half showing. In the second half, John Campbell got one back for the home side and team mate keeper, Nick Exton, saved a penalty but by that time the mountain was too high to climb for Sporting!

Real Madrid secures record 36th La Liga

REAL MADRID clinched their 36th La Liga title on Saturday, May 4, solidifying their status as Spain’s most successful football club. The triumph came after arch-rivals Barcelona stumbled against Girona, succumbing to a 4-2 defeat, making it impossible for any other team to catch up with Real Madrid at the top of the table.

Earlier in the day, Real Madrid se cured a convincing 3-0 victory over Cadiz, setting the stage for their victory. Under the lea dership of Carlo Ancelotti, Los Blancos have enjoyed a remar kable season, losing only once and maintaining an un beaten streak in t28 league matches.

Central to Real Madrid’s success this season has been the stellar per formance of Jude Bellingham. The 20-year-old mid fielder, in his debut campaign in Spain, has not only show cased his scoring

skills with 18 league goals, but has also earned admiration for his relentless work ethic and playmaking abilities.

Bellingham’s impact has been pivotal in shaping Real Madrid’s dominant campaign, with many in Spain touting him as the front runner for the prestigious Ballon d’Or award. His contributions have been instrumental in securing crucial victories, including decisive goals in both El Clásico encoun-

While Real Madrid’s triumph was almost inevitable given their season-long dominance, the club remains focused on further success, with a crucial Champions League semi-final clash against Bayern Munich on the ho-

For Real Madrid tain Nacho, lifting the La Liga trophy is a childhood

24 euroweeklynews.com 9 - 15 May 2024 • Sport •
CROWNING GLORY: Real Madrid clinches 36th La Liga. Image: Real Madrid C.F.
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