December 2018

The St Paul Chamber Ensemble is one of Malta’s finest orchestras, bringing together some of the most talented musicians and singers on our island. Timberland Finance is happy to support this talent.

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“Brexit News…”

Feb 1st, 2019

On Tuesday British lawmakers instructed Prime Minister Theresa May to reopen a Brexit treaty with the EU to replace a controversial Irish border arrangement. The EU has long rejected changing the Irish border backstop. The Irish backstop is an insurance policy that aims to prevent the reintroduction of a hard border between Ireland and the British province of Northern Ireland.

“IMF’s Christine Lagarde…”

Jan 25th, 2019

IMF Managing Director said on Monday that the risk of a sharper slowdown in global growth had increased, even if recession was not yet around the corner. Speaking at the World Economic Forum in Davos Switzerland, after the IMF trimmed its 2019 and

“A Defeat For Theresa May’s Brexit Deal…”

Jan 18th, 2019

Lawmakers voted 432-202 against the Brexit divorce deal just 10 weeks before it is due to leave. It is the worst defeat in modern British history causing political chaos that could lead to a disorderly exit from the EU or even a reversal of the 2016 decision to leave.

“Trump’s Demand For A Wall …”

Jan 11th, 2019

President Donald Trump urged Congress to give him $5.7 billion this year to help build a wall on the US border with Mexico however he did not declare a national emergency to pay for the barrier with military funds. Trump said in his first prime-time address from the Oval office that there was a growing security and humanitarian crisis at the US-Mexico border.

“US Factory Activity…”

Jan 4th, 2019

US manufacturing activity slowed sharply to a two-year low in December as orders and hiring at factories plunged. The Institute for Supply Management (ISM) survey published on Thursday, offered a downbeat assessment of the manufacturing sector with almost all components declining last month.

“FED Raises Rates …”

Dec 21st, 2018

On Tuesday the US Federal Reserve kicked off a two-day monetary policy meeting. The FED stuck to its plan of withdrawing support to the economy and raised interest rates for the fourth time this year pushing the central bank’s key overnight lending rate to a range of 2.25 percent to 2.5 percent.

“Vote Withdrawal…”

Dec 14th, 2018

Theresa May postponed a parliamentary vote which she admitted she would lose. A day after withdrawing the vote in the face of hostility from lawmakers, Prime Minister Theresa May sought Angela Merkel’s support to save her Brexit deal ….

“OPEC Meeting In Vienna…”

Dec 7th, 2018

In a meeting in Vienna, on Thursday OPEC agreed on a tentative deal to cut oil output but was waiting for a commitment from non-OPEC Russia before deciding on the exact volumes for a production reduction with the aim to stop oil prices from falling, said two sources from the group.

“G20 Summit …”

Nov 30th, 2018

The world’s biggest economies, the Group of 20 Nations (G20) are meeting on 30th November and 1st December in Argentina with the trade war between Washington and Beijing on top of the agenda. Russia, the United States and Saudi Arabia are all present and oil policy is expected to be discussed.

“Bitcoin Crashes To Lowest …”

Nov 23rd, 2018

Bitcoin has plummeted more than 75 percent this year from a peak of $20,000 reached in December 2017. On Tuesday Bitcoin reached its lowest level this year, tumbling as much as 10 percent breaching the $4,300 and taking losses in the world’s best-known digital coin to 25 percent within a week.

November 2018

The cystic fibrosis organisation works towards a brighter future for everyone with cystic fibrosis by funding cutting-edge research, driving up standards of care and supporting people with the condition and their loved ones every step of the way.
As part of its social responsibility events Timberland Finance was one of the sponsors of the fund raising event supporting Cystic Fibrosis. The event was held on Saturday 17th November 2018. The money raised will go towards the purchase of 12 nebulisers for Maltese children and the rest for research for a cure.

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