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  • Sports and May

    first_imgIt is probably safe to say that winter is finally behind us.  When May rolls around, you have a lot of sports activities to follow.  It starts with the Kentucky Derby which is on the 7th this year and ends with two huge auto racing events.  Those are the Indy 500 and the Coca Cola 600 both run on the 23rd this year.   High school sports start their playoff runs in May, and most of them will conclude around the first of June.  There is something for everybody.In pro sports, the NFL draft was just concluded last week so ESPN will be talking about that all month.  The NBA playoffs will continue through the month of May.  For those of you who are not big into sports, we have Mother’s Day on the 8th and Memorial Day (the official start of the summer season) at the end of the month.  Enjoy this month when the weather is nice and not yet too hot to enjoy being outside.last_img read more

  • MASSIVE TOURISM AND BUSINESS BOOST AS STERLING CLIMBS TO €1.32

    first_imgDonegal’s beaches will see more visitors from Britain and the North this yearA CRISIS in the EuroZone could see another massive boost for Donegal tourism from the North and Britain – and boost our exports there. Economists say the £1 could be worth €1.40 within months.Early this morning on overnight foreign exchange markets to the £1 was worth more than €1.32….and the Euro was worth just over 75p. It’s also good news for cross-Border workers from Donegal working across the Border and getting paid in Sterling as they have seen their real take home pay rise by almost 20 per cent in the past two years.Border forecourts are already raking in extra business as motorists from Derry, Tyrone and Fermanagh cross into Donegal to fill up their vehicles.It all follows a decision by the European Central Bank to essential de-value the euro by printing money – pumping 60 billion euro a month into the economies of the EuroZone between March and October 2016.It’s a bid by Europe to prevent another recession. The Euro to Pound Sterling (EUR/GBP) exchange rate plunged over 1.4 per cent yesterday alone.A quick foreign exchange market summary last night was as follows:The Pound to Euro exchange rate: GBP/EUR converts at 1.322.The Euro to Pound exchange rate: EUR/GBP conversion is 0.757.At the Maxol station in Muff the Sterling allowance increased to 30 per cent. The reduction in the value of the Euro will mean less shoppers from Donegal going North – and bring more shoppers back to towns like Letterkenny from the North.MASSIVE TOURISM AND BUSINESS BOOST AS STERLING CLIMBS TO €1.32 was last modified: January 23rd, 2015 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:collapsedonegaleconomyeuroexchange ratesterlingtourismlast_img read more