Economy
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US Slaps 50% Tariff on India Over Russian Oil Imports, Ties Hit New Low
The greatest tariff yet, 50% on imports from India, marks a major low in relations between the United States and India over New Delhi’s ongoing purchase of Russian oil. Despite the previously friendly public interaction…
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Russia Slams Trump Tariffs as ‘Neocolonial,’ Vows Closer Ties with Global South
Russia has attacked the Trump administration’s newly announced tariffs sharply, claiming the U.S. is following a “neocolonial” plan to maintain its worldwide dominance. Maria Zakharova, a Russian Foreign Ministry spokeswoman, said Washington was using “politically…
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US trade court blocks Trump’s tariffs
What Just Happened? Federal court (Court of International Trade) decided President Trump went beyond his powers by applying the 1977 International Emergency Economic Powers Act (IEEPA) to impose broad tariffs. The court ruled that only…
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Trump Stands Firm on Tariffs Amid Global Economic Unrest
America counteracts rising investor uncertainty and increasing anxiety in worldwide financial markets. Reaffirming his administration’s promise to keep pressure on foreign trade partners, especially China, President Donald Trump has ruled out any temporary cessation of…
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Government Wage Bill Surges Beyond Projections
A series of pay increases for teachers and state employees has pushed Malta’s government wage bill beyond expectations for 2024. Recent data from the finance ministry reveals that the additional burden was further exacerbated by…
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Malta’s October Unemployment Rate Sees Slight Increase
Image Source : WHTC Malta’s unemployment rate experienced a slight increase in October, with most age groups affected by the rise. According to the latest data, the unemployment rate edged up, indicating a subtle shift…
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The Digital Shift in Prostitution Challenges and Support
Image Source : Getty images Prostitution is undergoing a significant shift, moving from the streets to the digital realm, making it increasingly challenging to identify and support those involved. This change has led to concerns…
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Golden Visa Impact on Malta’s Housing
Image Source : Guide Consultant A recent report has shed light on the impact of Golden Visa programs on the housing market, revealing that beneficiaries are competing with locals for affordable properties. The scheme, designed…
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Mixed Reactions to Malta’s Proposed Airbnb Regulations
Image Source : Airbnb The proposed Airbnb regulations for apartments in Malta have garnered a mixed reaction from stakeholders. National Tourism Operators expressed concerns that the new rules will significantly impact property prices, potentially disrupting…
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Malta’s Tourism Minister Responds to Resignation Calls
Image Source : The Shift News Maltese Tourism Minister Clayton Bartolo has addressed the growing calls for his resignation, dismissing them as being fueled by spin and misinformation. Bartolo acknowledged that while he may have…
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