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Europe’s shared notes and coins turn 20 at New Year’s

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Read time : 3 mins

Level : Intermediate

By DAVID McHUGH AP Business Writer

FRANKFURT, Germany (AP) — The European Central Bank is celebrating the 20th anniversary of euro notes and coins as member countries wrestle with the pandemic’s impact on the economy and the European Union forges a new level of financial cooperation to help boost the recovery.

The event is being marked at midnight New Year’s Eve with a light display in blue and yellow, the colors of the EU, projected on its skyscraper headquarters in Frankfurt, Germany.

The introduction of notes and coins in 12 countries on Jan. 1, 2002, was a massive logistical undertaking that followed up on the introduction of the euro for accounting purposes and electronic payments three years earlier, on Jan. 1, 1999. Today, the euro is used in 19 of 27 EU countries.
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Omicron’s New Year’s cocktail: Sorrow, fear, hope for 2022

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Read time : 3 mins

Level : Advanced

People celebrate during New Year’s celebrations at Madrid’s Puerta del Sol in downtown Madrid, Spain, early Saturday, Jan. 1, 2022. (AP Photo/Manu Fernandez)

By JOHN LEICESTER and NICK PERRY Associated Press

PARIS (AP) — Sorrow for the dead and dying, fear of more infections to come and hopes for an end to the coronavirus pandemic were — again — the bittersweet cocktail with which the world said good riddance to 2021 and ushered in 2022.

New Year’s Eve, which used to be celebrated globally with a free-spirited wildness, felt instead like a case of deja vu, with the fast-spreading omicron variant again filling hospitals.

“We just need enjoyment,” said Karen Page, 53, who was among the fed-up revelers venturing out in London. “We have just been in so long.”

The mostly muted New Year’s Eve celebrations around the world ushered in the fourth calendar year framed by the global pandemic. More than 285 million people have been infected by the coronavirus worldwide since late 2019 and more than 5 million have died.
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Vivaldi opera gets premiere in Ferrara nearly 300 years late

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Read time : 3 mins

Level : Intermediate

Copyright Marco Caselli Nirmal/Fondazione Teatro Comunale di Ferrara via AP

By NICOLE WINFIELD Associated Press

ROME (AP) — The Catholic Church and the northern Italian city of Ferrara made their peace Thursday with Antonio Vivaldi nearly 300 years after the city’s archbishop effectively canceled the staging of one of his operas, sending the famed Baroque composer into debt for his final years in exile.

Ferrara Archbishop Giancarlo Perego attended the ceremony opening Vivaldi’s “Il Farnace” at the city’s public theater, a decision hailed by the theater’s artistic director as a “marvelous gesture” that helps heal the past and highlight one of Vivaldi’s lesser-known works.

“We want to restore to Vivaldi what was taken from him here in Ferrara,” Marcello Corvino told The Associated Press ahead of the premiere of “Il Farnace,” which tells the story of the tragic dynasty of King Pharnaces II.
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China pursues tech ‘self-reliance,’ fueling global unease

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Read time : 2 mins

Level : Advanced

By JOE McDONALD AP Business Writer

BEIJING (AP) — To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before.

Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian 710 for Alibaba’s cloud computing business. Alibaba says for now, it has no plans to sell the chip to outsiders.

Other rookie chip developers including Tencent, a games and social media giant, and smartphone brand Xiaomi are pledging billions of dollars in line with official plans to create computing, clean energy and other technology that can build China’s wealth and global influence.

Processor chips play an increasingly critical role in products from smartphones and cars to medical devices and home appliances. Shortages due to the coronavirus pandemic are disrupting global manufacturing and adding to worries about supplies.
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Catalans protest against mandate for more Spanish in schools

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Read time : 4 mins

Level : Intermediate

By JOSEPH WILSON Associated Press

BARCELONA, Spain (AP) — Thousands of Catalans took to the streets of Barcelona on Saturday to protest against a court decision that mandates that 25% of all school subjects be taught in Spanish, reducing the still predominant use of the local Catalan language in classrooms.

Demonstrators say this would threaten their cherished educational system, which has helped bring Catalan back to common use after it had been suppressed during the 20th-century dictatorship of Gen. Francisco Franco.

“It is not proper of a democracy that a court invalidates an educational system that is supported by society and its parliament,” said Òscar Escuder, president of Platform for the Language, a grassroots group that promotes the use of Catalan who joined the march. “According to our polls, 82% of Catalans support” the current system.
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Spidey nets 3rd best opening of all time with $253 million

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Read time : 3 mins

Level : Advanced

By LINDSEY BAHR AP Film Writer

Never underestimate your friendly neighborhood Spider-Man, even with a mutating virus afoot. Despite rising concerns over the omicron variant, “Spider-Man: No Way Home” not only shattered pandemic-era box office records; it became the third best opening of all time behind “Avengers: Endgame” ($357.1 million) and “Avengers: Infinity War” ($257.7 million).

The Sony and Marvel blockbuster grossed a stunning $253 million in ticket sales from 4,325 North American locations, according to studio estimates on Sunday, also setting a record for the month of December. The web-slinger’s success couldn’t have come sooner for a movie business that has had a rollercoaster 2021 and could be headed for a difficult start to 2022 as the omicron variant of the coronavirus forces more and more event cancellations.
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New Zealand’s plan to end smoking: A lifetime ban for youth

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Read time : 3 mins

Level : Intermediate

By NICK PERRY Associated Press

WELLINGTON, New Zealand (AP) — New Zealand’s government believes it has come up with a unique plan to end tobacco smoking — a lifetime ban for those aged 14 or younger.

Under a new law the government announced Thursday and plans to pass next year, the minimum age to buy cigarettes would keep rising year after year.

That means, in theory at least, 65 years after the law takes effect, shoppers could still buy cigarettes — but only if they could prove they were at least 80 years old.

In practice, officials hope smoking will fade away decades before then. Indeed, the plan sets a goal of having fewer than 5% of New Zealanders smoking by 2025. Continue reading

Food banks see more volunteers, but uncertainty looms

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Read time : 2 mins

Level : Advanced

By HALELUYA HADERO AP Business Writer

Inside the bustling New York Common Pantry, people hustle to assemble bags of carrots, apples, potatoes and other items. Outside the food pantry, others haul deliveries or hand out produce to people lined around the block of the Manhattan-based charity.

Randi Goldstein, 43, was one of the volunteers that day, there with her co-workers from a talent and literary agency to lend a helping hand for the holidays. Like many Americans, they’ve been working from home since the pandemic first hit and had been feeling disconnected.
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Germany’s Merkel at farewell ceremony: Don’t tolerate hate

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Read time : 2 mins

Level : Intermediate

BERLIN (AP) — Outgoing Chancellor Angela Merkel called on Germans to stand up to hatred, at a military ceremony Thursday bidding her farewell after 16 years in office.

Merkel was honored with a traditional military musical performance and march in front of almost all the country’s political elite — save for the far-right Alternative for Germany, who weren’t invited.

“Our democracy also lives from the fact that wherever hatred and violence are seen as a legitimate means of pursuing one’s interests, our tolerance as democrats has to find its limit,” said in a speech ahead of the ceremony.
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California official says women on boards law is toothless

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Read time : 2 mins

Level : Advanced

By BRIAN MELLEY Associated Press

LOS ANGELES (AP) — A California official defending the state’s landmark law that mandates women be placed on corporate boards testified Thursday that it was essentially toothless and there are no plans to penalize companies for not complying.

Under the 2018 law, publicly held corporations based in California have to appoint up to three women to their boards of directors by January and could face hefty fines for not doing so or for failing to file the required paperwork.

But Betsy Bogart, a division chief testifying in Los Angeles Superior Court on behalf of her boss, the secretary of state, said the law is not enforced.

“It’s required but there’s no penalty, so it’s essentially voluntary,” Bogart said.
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