Vienna // A six-year-old girl was accused in an Austrian court Thursday of causing a skiing accident in which a woman, who is suing her for damages, was seriously hurt.
The woman involved is suing the child for €38,000 (Dh151,000) in Feldkirch, western Austria, as well as for any other future costs relating to the accident.
The woman was heading down the piste in the Hochhaedrich resort near the Swiss border and the girl was turning when they collided, the court heard.
An independent expert appointed by the court testified that neither had been paying enough attention and that they therefore shared the blame.
Children cannot normally be found liable in civil cases in Austria but the plaintiff is making use of a legal exception for when a child is able to recognise the consequences of its actions.
The woman has previously sued the girl’s father and her skiing teacher but the case was rejected. The father and the teacher both testified again on Thursday and a verdict was expected in writing in early 2016.
The extent of the claimant’s injuries were not made clear but her lawyer said that she would never ski again.
* Agence France-Presse
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Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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Investors can tap into the gold price by purchasing physical jewellery, coins and even gold bars, but these need to be stored safely and possibly insured.
A cheaper and more straightforward way to benefit from gold price growth is to buy an exchange-traded fund (ETF).
Most advisers suggest sticking to “physical” ETFs. These hold actual gold bullion, bars and coins in a vault on investors’ behalf. Others do not hold gold but use derivatives to track the price instead, adding an extra layer of risk. The two biggest physical gold ETFs are SPDR Gold Trust and iShares Gold Trust.
Another way to invest in gold’s success is to buy gold mining stocks, but Mr Gravier says this brings added risks and can be more volatile. “They have a serious downside potential should the price consolidate.”
Mr Kyprianou says gold and gold miners are two different asset classes. “One is a commodity and the other is a company stock, which means they behave differently.”
Mining companies are a business, susceptible to other market forces, such as worker availability, health and safety, strikes, debt levels, and so on. “These have nothing to do with gold at all. It means that some companies will survive, others won’t.”
By contrast, when gold is mined, it just sits in a vault. “It doesn’t even rust, which means it retains its value,” Mr Kyprianou says.
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