After meetings in Beijing last week, China and the US are in intense negotiations to end months of trade war that has rattled US global markets.  Chinese Vice Premier Liu He met with President Donald Trump in the White House with the goal to reach an agreement on core issues.  

British lawmakers voted on Monday to seize control of Brexit for a day in a usual bid to find a way through the Brexit impasse after Prime Minister Theresa May Divorce was rejected again.

Nearly three years after Britain voted narrowly to leave the European Union, its departure is uncertain. On Wednesday, Theresa May asked for at least three-months delay to Brexit to buy time to get her twice rejected divorce deal through parliament.

In keeping with the company’s Corporate Social Responsibility values, Timberland Invest Ltd supported the “The Lisa Maria Memorial Dingli 10” event organised by the St Patrick’s Athletic Club. The event incorporating a 10 mile race and a Walkathon on the same distance, also included a 2km race for kids and was held on the 19th March.

Since 1991, the Dingli 10 as it’s popularly known, has established itself as a tradition and one of the most prestigious races in the local running calendar. In its 29th edition this year, the event has since 2015 incorporated within it a social mission and became known as “The Lisa Maria Memorial Dingli 10” thanks to the collaboration between the St. Patrick’s AC and The Lisa Maria Foundation, a non governmental, not for profit organisation and who’s mission is to Safeguard the Children and the Young. This, St. Patrick’s AC hope to achieve by involving children and the young in athletic endeavour.

Timberland Finance is proud to support such initiatives and contribute to the betterment of Maltese society and the positive development of its citizens.

Prime Minister Theresa May won legally binding Brexit assurances from the EU on Monday as she rushed to Strasbourg to agree additional assurances with European Commission President Jean-Claude Juncker. May promised lawmakers a vote on her deal on Tuesday. The motion put forward by the government said that the joint instrument “reduces the risk” that the United Kingdom would be trapped in the backstop.

Id-Dar tal-Providenza was founded by Mons. Michael Azzopardi in 1965 with the aim of offering a home with a warm and family-like environment for persons with disabilities who for some reason or another cannot stay living with their family.

Timberland Finance is happy to support Dar tal-Providenza.

In an ECB meeting held on Thursday it was decided that interest rates will remain at record lows at least through the end of this year. In addition it launched a new Targeted Long-Term Refinancing Operation partly aimed at helping banks roll over 720 billion euros in existing ECB loans and avoid a credit squeeze that could further worsen the current economic slowdown.

North Korean Leader Kim Jong Un arrived in Vietnam on Tuesday for a summit with US President Donald Trump. The aim of the summit was to denuclearise the Korean peninsula. The summit however ended earlier with US President Trump walking away. Trump said the summit ended without a deal because the two differed on sanctions.

A new round of talks started in Washington on Tuesday between the US and China to resolve the trade war, followed by higher level talks on Thursday and Friday.

In late 2018, the British economy has slowed sharply pushing annual growth to a six-year low. Uncertainty over Brexit had an impact on the business investment and a slowdown in the global economy weighed on trade, data showed on Monday.

On Thursday the European Commission slashed its forecasts for Italy’s economic growth in 2019 and 2020, saying the uncertainty over government policies and higher borrowing costs have pushed the country into a recession.

Hospice Malta primary role is to provide and promote free of charge Palliative Care. Palliative Care Specialist Services are offered to people suffering from cancer, motor neuron disease and end-of-life cardiac, respiratory, renal and liver diseases. Timberland Finance is happy to support Hospice as part of its social responsibility events.