Malta News
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ALBANIA, 2016/01/02
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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CYPRUS, 2015/11/21
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GREECE, 2015/11/20
An executive project containing guidelines to build a logistics national platform, in particular in the south of Italy, to boost its competitiveness in the Mediterranean is the idea which may be supported by the EU 2014-2020 structural funds that Obi (Bank-Enterprises Economy and Finance Observatory) in cooperation with Assoporti and Confitarma will present Friday and Saturday during the course of the fifth edition of the Sorrento Conference, the international event that since 2010 brings to the city economists academics representatives of authorities, enterprise and finance.
This year's edition will be centred on the theme of logistics and mobility in the Mediterranean with particular attention to the transport of wares.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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AFGHANISTAN, 2015/01/20
The richest 1 % are likely to control additional than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening world inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland.
The 80 wealthiest people in the world all own $1.9 trillion, the statement found, nearly the same all shared by the 3.5 billion people who occupy the bottom half of the world’s gain scale. (Last year, it took 85 billionaires to equal that figure.) And the richest 1 % of the people, who number in the millions, control nearly half of the world’s total wealth, a share that is as well increasing.
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ISRAEL, 2014/02/14
Seven couples of merry retirees took their seats at the front of the plane, just ahead of us. They exchanged impressions about hotels and exhibited impressive familiarity with the island’s restaurants. Five days later, we met them again at the airport in Valletta, the capital. This time, the conversation centered on their gambling experiences.
It appears that relatively inexpensive package deals have placed Valletta high on the list of favorite Israeli gambling destinations, along with Rhodes, Burgas, Varena and other cities a mere two- or three-hour flight away.
As is the case every Tuesday, last week, as well, on Feb. 4, the Malta Air charter flight that took off from Ben-Gurion Airport was jam-packed. Some three or four years ago, Israeli tourists discovered that the small island is a gem, offering magical landscapes and four lavish casinos.
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MALTA, 2013/08/27
The MSE Share Index registered its seventh consecutive decline today as most of the large cap equities remained under pressure. The local equity benchmark shed a further 0.5% to a fresh 5-week low of 3,429.351 points.
HSBC Bank Malta plc shares eased by a further 0.8% to a 16-week low of €2.60 which is as well only marginally higher than the equity’s 2013 low of €2.59. A total of 7,200 HSBC shares changed hands today across 7,200 shares.
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MALTA, 2013/08/27
The MSE Share Index registered its seventh consecutive decline today as most of the large cap equities remained under pressure. The local equity benchmark shed a further 0.5% to a fresh 5-week low of 3,429.351 points.
HSBC Bank Malta plc shares eased by a further 0.8% to a 16-week low of €2.60 which is as well only marginally higher than the equity’s 2013 low of €2.59. A total of 7,200 HSBC shares changed hands today across 7,200 shares.
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MALTA, 2013/05/26
Part Mediterranean islands, Malta is the one with the greatest water shortage, with annual water needs almost double availability. Sicily, on the other hand, has additional water than it needs.
