The head of the ruling 5-Star Movement, Luigi Di Maio, signalled the imminent demise of Italy’s coalition government on Tuesday.  He thanked Prime Minister Giuseppe Conte for his time in office.  On Tuesday Italy’s prime minister resigned after launching an attack on his own interior minister, Matteo Salvini…

Dr Klown is a non-governmental organisation which is dedicated to provide clown doctor services at Mater Dei Hospital (Malta) and also visits the children in the Gozo General Hospital. We all know how hospital can be scary and boring for kids and this is where clown doctors can help. Clown doctors are not doctors but volunteers from every walk of life that are artistically and psychologically trained to entertain children in hospital. Clown doctors try and make a difference using the healing power of humour in patients’ life. After all we all know that “laughter is the best medicine”.

Timberland Finance is happy to support the fun provided to patients!

The Trump administration will delay imposing a 10 percent tariff on certain Chinese products, including laptops and cell phone, that had been scheduled to start next month, said the Office of the US Trade Representative (USTR) on Tuesday.  The USTR said in a statement, other products whose tariffs will be delayed until 15th December include …

China on Monday let the yuan tumble beyond the 7-per dollar for the first time in more than a decade.  Weakness in the official guidance rate came after heavy losses in the spot yuan as the tensions over the trade war between the US and China spread to foreign exchange policy.

In a statement at the end of a two-day policy meeting, the Federal Reserve cut interest rates by twenty-five basis points on Wednesday to 2 percent – 2.25 percent.  Fed Chairman Jerome Powell said the move might not be the start of a lengthy campaign to shore up the economy against risks including global weakness. 

Boris Johnson was elected as leader of Britain’s governing Conservative Party.  On Thursday, the New Prime Minister Boris Johnson filled his cabinet with Brexiteers and vowed to leave the European Union on 31st October with or without a transitional deal. 

“Let us work together constructively because the endeavour is a united and strong Europe,” said Ursula Von Der Leyen, who will take up her new role on 1st November, as European Commission president.  The German conservative Ursula von der Leyen secured European parliamentary approval on Tuesday …

FED Chairman Jerome Powell set the stage for the rate cut this month, as records from policymakers’ latest meeting show increasing fears that the US-China trade war is indirectly causing businesses to hold back on buying equipment, giving workers a raise and hiking their prices. 

OPEC agreed on Monday to extend oil supply cuts till March of next year, in order to support the price of crude amid the weakening global economy and the increasing US production.  OPEC and its allies have been reducing oil output since 2017 …

The aim of RMJ’s Horse Rescue is to rescue horses who are severely neglected and care for them until they are ready to be rehomed to their forever home.

Timberland Finance is happy to support animal welfare as part of its social responsibility events.

World leaders are meeting in Osaka, Japan, for a summit of the Group of 20 (G20) big economies, on Friday and Saturday…

Central banks around the globe are moving towards policy easing amid the escalating US-China trade war that adds pressure on the world’s slowing economy …