Majorca in crisis with bars at risk of going under as tourists snub island

Hundreds of bars and restaurants in Mallorca are facing imminent closure following the worst season since Covid and tourists tightening their belts.The warning has come from the restaurant association, PIMEM-Restauracion which says their members are being strangled by three essential factors – the lack of qualified personnel, the increase in staff and activity costs and a drop in sales.Its president, Cesar Amable says the increase in travel prices – especially for plane tickets – and accommodation has hit its sector and other mainstays of the complementary offer such as commerce this summer.”The average stay has been shortened and the budget of tourists has been limited, thus penalising the extraordinary expenses of the trip, a situation that has ended up confirming the least profitable season in recent years, a pandemic period aside,” he said.Restaurateurs are demanding the creation of their own hospitality agreement that differentiates their conditions from those of hoteliers, as is already happening in other regions of Spain such as La Rioja, Madrid and Guipuzcoa at the provincial level.The salary increases, they say, are unaffordable for a sector that this season has seen its turnover fall by around 20% compared to last season.Thus, they have explained that the collective agreement has increased staff expenses by 25.3% since 2018, while the price of menus has risen by 10% in the same period.”There is a huge gap between hotels and restaurants; I think it’s very good that hotels raise prices as much as they want to raise them, but there are many things that differentiate us,” said Mr. Amable who warned that the drop in income this season will probably result in an early closure of many businesses located in tourist areas of Mallorca and the rest of the archipelago.”Unless a new agreement was made, he warned: “We restaurateurs have a very bad future.”Mr. Matas said they had been pressing for an agreement of their own for the last 15 years but nothing had happened.”The situation since then has worsened a lot and restaurants are being strangled,” he added.

Majorca in crisis with bars at risk of going under as tourists snub island

Hundreds of bars and restaurants in Mallorca are facing imminent closure following the worst season since Covid and tourists tightening their belts.The warning has come from the restaurant association, PIMEM-Restauracion which says their members are being strangled by three essential factors – the lack of qualified personnel, the increase in staff and activity costs and a drop in sales.Its president, Cesar Amable says the increase in travel prices – especially for plane tickets – and accommodation has hit its sector and other mainstays of the complementary offer such as commerce this summer.”The average stay has been shortened and the budget of tourists has been limited, thus penalising the extraordinary expenses of the trip, a situation that has ended up confirming the least profitable season in recent years, a pandemic period aside,” he said.Restaurateurs are demanding the creation of their own hospitality agreement that differentiates their conditions from those of hoteliers, as is already happening in other regions of Spain such as La Rioja, Madrid and Guipuzcoa at the provincial level.The salary increases, they say, are unaffordable for a sector that this season has seen its turnover fall by around 20% compared to last season.Thus, they have explained that the collective agreement has increased staff expenses by 25.3% since 2018, while the price of menus has risen by 10% in the same period.”There is a huge gap between hotels and restaurants; I think it’s very good that hotels raise prices as much as they want to raise them, but there are many things that differentiate us,” said Mr. Amable who warned that the drop in income this season will probably result in an early closure of many businesses located in tourist areas of Mallorca and the rest of the archipelago.”Unless a new agreement was made, he warned: “We restaurateurs have a very bad future.”Mr. Matas said they had been pressing for an agreement of their own for the last 15 years but nothing had happened.”The situation since then has worsened a lot and restaurants are being strangled,” he added.

The Best Science Podcasts To Listen To

In the ever-evolving world of science, staying informed and entertained can be a challenge. Thankfully, science podcasts offer a perfect blend of education and entertainment, making complex topics accessible and engaging. However, with so many science podcasts out there, what are the best science podcasts to listen to? Here is a list of some of the top science podcasts that you should consider adding to your playlist:

Stuff You Should Know

While not exclusively a science podcast, Stuff You Should Know covers a wide range of topics, including many scientific ones. Hosts Josh Clark and Chuck Bryant explain everything from how black holes work to the science of hangovers, making it a fun and informative listen.

Radiolab

Radiolab is a staple in the science podcast world. Hosted by Jad Abumrad and Robert Krulwich, this podcast delves into a wide range of topics, from the mysteries of the universe to the intricacies of human behavior. Each episode is a beautifully crafted narrative that makes science feel like an adventure.

Ologies with Alie Ward

If you love niche topics, Ologies is the podcast for you. Host AlieWard interviews experts in various “ologies” (the study of something) and dives deep into their fields. Whether it’s volcanology or mycology, Ward’s enthusiasm and humor make learning about these subjects a joy.

Science Vs

Hosted by Wendy Zuckerman, Science Vs takes on fads, trends, and the opinionated mob to find out what’s fact, what’s not, and what’s somewhere in between. From the effects of 5G to the truth about diets, this podcast is perfect for those who want to cut through the noise and get to the facts.

Invisibilia

Invisibilia, which means “invisible things” in Latin, explores the unseen forces that shape human behavior. Hosted by Alix Spiegel, Hanna Rosin, and Lulu Miller, this NPR podcast combines narrative storytelling with scientific research to uncover the hidden patterns in our lives.

The Skeptics’ Guide to the Universe

For those who enjoy a critical look at science news, The Skeptics’ Guide to the Universe is a must-listen. This weekly podcast discusses the latest in science, critical thinking and debunking myths. It’s a great way to stay informed and skeptical in a world full of misinformation.

Hidden Brain

Hosted by Shankar Vedantam, Hidden Brain uses science and storytelling to reveal the unconscious patterns that drive human behavior. This podcast is perfect for those interested in psychology and the social sciences.

Gastropod

Gastropod looks at food through the lens of science and history. Hosts Cynthia Graber and Nicola Twilley explore the fascinating stories behind what we eat, from the origins of the apple to the science of fermentation.

The Infinite Monkey Cage

Hosted by physicist Brian Cox and comedian Robin Ince, The Infinite Monkey Cage combines science and humor in a way that’s both entertaining and educational. The show features discussions with experts on a variety of scientific topics, making complex ideas accessible to everyone.

Science Friday

Science Friday, hosted by Ira Flatow, is a weekly science talk show that covers everything from the outer reaches of space to the tiniest microbes in our bodies. It’s a great way to catch up on the latest science news and discoveries.

Short Wave

Short Wave examines how science and technology intersect with society. Each episode is about the length of a coffee break, making it easy to consume in succession.

The Disappearing Spoon

This history-focused podcast doesn’t shy from the darker, gorier side of science. Written and hosted by Sam Kean, the show departs from most other science podcasts by not looking forward, but retrospectively.

Science Quickly

Science Quickly dishes out doses of knowledge like candies in a candy store. True to its name, the show’s primary goal is to feed the insatiable curiosity of those brainy type folks who crave complex scientific concepts in byte-sized packages.

Brains On! Science Podcast for Kids

This podcast is no child’s play. Host Molly Bloom, along with a revolving pack of whiz-kids and sprouting scientists, take on the world of atoms and zooplankton with the plucky ambition of a very caffeinated Newton.

These podcasts offer a fantastic way to stay informed and entertained. Whether you’re a science enthusiast or just curious about the world around you, this list of the best science podcasts has a show for you.

Pennsylvania state senator sues critics of his book about WWI hero Sgt. York

HARRISBURG, Pa. – A Pennsylvania state senator and former GOP gubernatorial candidate whose support for Donald Trump drew him to the U.S. Capitol on Jan. 6 has sued a Canadian university and nearly two dozen academics over criticism of him and his research into World War I hero Sgt. Alvin York.Sen. Doug Mastriano’s defamation, racketeering and antitrust lawsuit, filed in western Oklahoma federal court, seeks at least $10 million in damages from defendants including history professors and the University of New Brunswick.Recommended VideosA motion seeking to have the case thrown out, filed Thursday by one of the defendants, argued that the case violates an Oklahoma law against lawsuits designed to stifle public debate, that it makes a defamation claim that isn’t legally viable, and that Mastriano is trying to stretch antitrust and racketeering laws “beyond recognition to silence critics of his scholarship.”Backlash against his research claims by experts in World War I history and on York — and from a faculty member at the Canadian university about how his degree was awarded — was the subject of a March 2021 story by The Associated Press. Mastriano, with former President Trump’s backing, lost the Pennsylvania governor’s race the following year to Democrat Josh Shapiro by nearly 15 percentage points. York was awarded the the Medal of Honor for leading U.S. soldiers behind German lines in France during World War I to disrupt machine gunfire. More than 20 German soldiers were killed and 132 captured. A movie about York’s heroics won Gary Cooper a best actor Academy Award, and the story was memorialized in comic books.Mastriano is represented by Emmitsburg, Maryland, lawyer Dan Cox, a Republican who lost the Maryland governor’s race in 2022 and spent most of 2023 as Mastriano’s $46-an-hour state Senate chief of staff. Cox and Mastriano did not respond to messages seeking comment. In seeking dismissal of the case, University of New Brunswick administrators and staff called it “a dispute over academic protocol that should be resolved by an educational committee but instead has been dressed up as an international conspiracy.” They argued Mastriano’s allegation that he was harmed personally is not the type of injury to competition required for an antitrust claim. Mastriano, the university defendants said, “does not assert precisely what he contends were false and defamatory about the statements” they are purported to have made. They called the lawsuit “vague, conclusory and utterly incomprehensible.”University officials and lawyers did not respond to messages seeking comment.In response, Mastriano argued in a filing that he “does not have to recite the defamation word for word, becoming his own distributor of what is false, in order to well plead a defamation claim.”The lawsuit filed in May describes Mastriano as “the victim of a multi-year racketeering and anti-trust enterprise seeking to derivatively steal, use and thereupon debunk his work, taking the equity and market therefrom,” costing Mastriano millions in “tourism-related events, validated museum artifacts, book, media, television and movie deals.” He says his publisher has “greatly reduced publications” and stopped possible second editions of his books.He claims that he has been prevented from getting university job opportunities, that his book sales have been reduced and that the criticisms interfered with his short-lived interest in seeking the 2024 Republican nomination for U.S. Senate. As a result, he says, he has endured “sleepless nights, physical illness and extreme emotional pain and suffering.”The lawsuit says Mastriano has been “assessed by the Veteran Affairs (VA) administration as 100% disabled,” but the retired colonel does not explain the how his service in the U.S. Army “took a heavy toll on him.”He sued University of New Brunswick President Paul Mazerolle and professor David MaGee, the school’s vice president of research, as well as professor Drew Rendall, who a few months before the 2022 election for Pennsylvania governor made public Mastriano’s dissertation that was based on his research into York. Another defendant is James Gregory, who as a University of Oklahoma graduate student and researcher into World War I history and York filed an academic fraud complaint against Mastriano with the University of New Brunswick. Gregory is now director of the William A. Brookshire LSU Military Museum in Baton Rouge, Louisiana.“Mastriano asserts that voters ‘tied’ Gregory’s criticism of Mastriano’s scholarship to their decisions not to vote for him on several occasions,” Gregory argued in the motion to dismiss. “That’s not an anti-trust violation — it’s democracy.”The University of New Brunswick has been reviewing events around its decision to grant Mastriano a doctorate in 2013 for his York research, setting up an investigative committee whose work has been done out of the public eye. Mastriano sued three people he said constitute that committee, and they have also argued in a court filing the case should be dismissed. Mastriano said he was in regular contact with Trump in the months after Trump lost the 2020 election and sought to overturn the results. Mastriano had been scheduled to speak on the U.S. Capitol steps during the early afternoon of Jan. 6 and had organized charter buses to Trump’s speech. He was also photographed in the crowd outside the Capitol. Mastriano has maintained he broke no laws and has not been charged.

Useful Tips On How To Grow A Business

Sponsored by BMOA recent survey by the Better Business Bureau found that 84% of consumers trust small businesses more than large businesses. Respondents believed that supporting local businesses was important and perceived that small businesses were more convenient, offered better customer service, and sold more unique products than big companies.Additionally, smaller enterprises are trusted for their integrity, friendly service, good reputations, and the fact that they are often run by local people.Small businesses are well-liked but sometimes face challenges in differentiating themselves from larger companies, which can leverage their big brand identities to command large shares of the market.Forbes offers 7 ways to make your business stand out in a crowd of competitors. Here’s a quick overview:Provide legendary customer service: Treat your customers like royalty. Customers have high expectations of great service, and it’s important for business owners to recognize the loyalty-generating power of remarkable customer support.

Admit mistakes and fix problems to grow stronger relationships: Customers equate their experience with a brand. Part of providing exemplary customer service is owning up to mistakes and committing to fixing problems. In fact, a customer relationship may even be strengthened through the resolution of a well-handled customer problem.

Be honest about your products and services: Honesty should always be a top priority, even if you may have bad news for a customer. Whether your need to push back a delivery date or one of your employees made an error, be proactive and keep your customers in the know. Trust is key to developing and maintaining strong customer relationships.

Come up with something new: Evolve your company by adopting emerging technologies and introducing new processes, products, and solutions. Unique ideas can make a lasting impression and help your brand stand out in the crowd.

Embrace corporate social responsibility: Businesses should give back. Corporate social responsibility programs can help society while helping you gain attention for your business. These programs help businesses stay in customers’ minds, improve goodwill, and often increase revenue.

Start a blog: Blogging is a fresh way to grow your company’s online presence, share ideas, and have your voice be heard. Insightful, entertaining, and educational content can help attract readers to your brand.

Offer a guarantee: How confident are you in your product or service? Guarantees provide assurance to customers and can demonstrate that you make customer satisfaction a priority. However, it’s important to only make claims that you can back up and follow through on.It’s not easy for to stand out in a crowd. These tips can help your business compete against large brands.

7 Tips to Demystify Financial Forecasting and Strengthen Your Business

Sponsored By BMOWhat is financial forecasting?What would you do if over half of your business’s revenue was delayed? Run out of cash? Panic? Or strategically shift to your backup plan and carry on? With good financial forecasting, you could be prepared for the reality that 61% of invoices are being paid late this year.Financial forecasts help business owners anticipate and plan for the future. If you don’t have one yet, don’t sweat it: Many businesses don’t. After all, nobody seeks entrepreneurship because they love paperwork. But, a financial forecast is a surprisingly simple tool that can help you survive shocks to your business and thrive.You’ll find many free financial forecast templates online. Before putting pen to paper though (or numbers into cells, more likely), understanding these seven principles can help you approach financial forecasting with confidence.Financial forecasting tips to consider1. Understand who (and what) your forecast is forThere are two general audiences for your financial forecast: People outside your organization and people inside of it.Externally, you’re creating it for lenders, investors, mentors, business partners and even potential buyers who will want to make sure you have a deep understanding of your business so they can decide whether to invest or not.Financial forecasting also serves as a guide for you, and others within the company, to set goals for growth, spending accountability and benchmarks. In addition, it helps you anticipate cash flow needs so you can plan ahead. Over time, the data in these documents can provide insights that allow you to play to your strengths — and know where to course correct.2. Don’t get bogged down in precisionIt’s great to be detail-oriented, but one thing that can confuse business owners during the forecasting process is overcomplicating their forecast. Start off with very general buckets for your revenue and expenses. The dollar amounts in each category should be whole numbers preferably with zeros — think $100, $1,000 or $10,000.As your business and forecasts evolve, you can become more precise because you’ll have those previous forecast iterations to rely on.3. Financial forecasts aren’t one-and-doneSpeaking of forecast iterations: Your first forecast should be far from your last. Financial forecasting is a routine. Even if you’re the sole employee, incorporate a monthly review-revise process with yourself.Each progressive forecast will make you more mindful of your goals, accomplishments and how you’re spending your time. You’ll also be able to square your forecast to your actual numbers so that, over time, your forecast can become more accurate — and powerful. 4. Treat business forecasts and household budgets differentlyAnother common forecasting mistake is thinking about your business forecast like a household budget — it’s actually very different. Because most people have a regular paycheck, their budgeting process starts and ends with controlling their expenses to fit within their set income.With a business forecast, both revenue and expenses are controllable. Business owners should start by thinking about their revenue, not their expenses. While there are certainly revenue factors outside of your control, like market forces, competition and loss of demand, you also have tools to control revenue, such as sales, special events and new product or service offerings.5. Consider your revenue drivers firstHeather Tuason, founder of , Arena, a CFO consulting firm, explained how she approaches the forecasting process in a recent conversation with the Nasdaq Entrepreneurial Center. She breaks revenue forecasting down into four dimensions:Start with prior performance. This is pretty much the only part of your financial forecast you know for certain.

Next, add in your ambitions, which are your growth projections for the mid- and long-term future.

Include headwinds, which are forces that affect your business. Think interest rates, cash flow needs or a market slowdown.

Finally, add in industry benchmarks. How much growth are similar businesses experiencing? Tap into your network, and you may be surprised by how generous your peers are in opening their books.6. Project expenses with revenue in mindWhen forecasting expenses, consider their nuanced relationship with revenue:To fatten your profit margins, your expenses can’t grow at the same rate as your profits.

Returns on different expenses show up at different times. Today’s marketing costs, for example, may not turn into revenue until next month — or next quarter.

Employees are huge expenses — and potential revenue drivers. So they require savvy scrutiny. How much revenue is each employee generating? Can you re-train an underperformer in another role? Will you need seasonal help soon?

Price out your ambitions. What will they cost?7. Time to kick the tires on your forecastThis is why you’ve made a financial forecast — to learn from it and plan around it. Get feedback from peers or mentors on your financial forecast and make adjustments based on your learning and new financial numbers as they come in.Some questions you can start asking are: What does your forecast tell you about upcoming cash flow needs? What about payroll demands? Are there holes you need to fill with new revenue? Is it time to vet new vendors to lower expenses? These questions are exponentially easier to answer when you have a clear financial forecast in front of you