Weekender Alicante South Issue 109

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16 FRIDAY 20TH SEPTEMBER 2019 www.weekender.news Business & Money Sponsored By Airport flying high Tel: 671 935 072 ALICANTE’S El Altet airport increased passenger numbers by 8% in August compared to the same period in 2018, according to the latest figures released by operator AENA. August is regarded as the most important month for the airport with both domestic by Simon Russell and foreign tourists coming down to this part of the world for their summer holidays. 2019 as a whole has also seen an 8% increase and is well on track to break the year end passenger numbers record. Last month saw 1,522,017 people flying to and from Alicante from abroad and 168,899 from within Spain. As usual the UK had easily the highest numbers of foreign travellers, around 40% of the total. This was followed by Germany, the Netherlands, Belgium, Norway and France. UK school firm investing locally COGNITA, a UK company which runs schools all over the world, is investing an extra million euros in Valencia. They have joined the organisation running the existing British School of Valencia (BSV) and are investing the extra cash in the Avenida de Paris centre to expand it by 20%. This will include seven new classes, a science laboratory, art room and library. BSV is a private school offering British education to pupils of all nationalities. As well as the UK and Spain, Cognita runs schools in countries such as Singapore, China and Switzerland. Fears of global slump grow THE US Federal Reserve has cut interest rates this week, prompting fears that they are anticipating an economic slowdown or even recession. They were cut from 2% to 1.75%, saying this was due to a weakening of the domestic economy. Fed Chairman Jerome by Simon Russell Powell took a swing at President Trump, blaming this on “trade policy”, almost certainly a reference to Trump’s tariff war with China. Trump in turn tweeted that Mr Powell was “a terrible communicator and had no guts” and he should have cut the rate further. Lower rates make borrowing cheaper, fuelling economic activity, in theory at least. Any US financial crisis or even blip is likely to have a major knock on elsewhere, with the last full blown crisis being triggered by American banking problems. Federal Reserve chairman Powell makes the announcement this week
Facebook: @TheWeekenderSpain 23 Facebook: @TheWeekenderSpain FRIDAY 20TH SEPTEMBER 2019 17 Home&Garden Home&Garden Sponserd By Sponsored By If you have made the decision or are thinking about making the decision to go solar, then you may be wondering - how does sunlight actually gets turned into electricity? A growing You may have other questions too, such as will your solar panels work on cloudy days, and will your panels work at night via moonlight, which, after all, is reflected sunlight? To find out the answer to these questions and a few more, please read on. sense Charge of your wellbeing home with the power of the sun GARDENING is good for you. A GP surgery in Manchester has even started prescribing the practice for people grappling with anxiety and depression. Mental health charity MIND says spending time in green space or bringing nature into your everyday life can benefit both your mental and physical wellbeing. Doing things like growing food or flowers, exercising outdoors or being around ani- Continued on page 18
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Weekender Alicante South Issue 109

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