The real issues: in the news this morning, trade deficit higher by almost Eur46 million compared to same month last year. Exports down, imports down too.
Published:
May 12, 2014 at 12:27pm
Malta registered a trade deficit of Eur122.2 million in March this year, compared to Eur76.3 million in March last year. This means the deficit has increased by Eur45.9 million.
Imports are down by Eur14.1 million and exports are down by Eur60.0 million respectively.
The figures were released by the National Statistics Office.
And while this is going on, the prime minister focuses his attention and that of the public on the personal policy agenda of Cyrus Engerer and his father, Cannabis Chriss.
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Reply to Dave Click here to cancel reply
http://www.independent.com.mt/articles/2014-05-12/news/trade-deficit-of-122m-in-march-4962451456/
While speaking in Mosta on Sunday the PM made a fuss about the biskuttini the PL offered to the PN representatives when the latter went to hold a press conference in front of Labour’s HQ. Now that is seriousness for you.
While he was offering those “buskuttini” to the PN representatives, the Prime Minister was gleefully saying to himself. “Biskuttini f’halq il-hmir.”
Pity that while his action was visible, his thoughts were hidden behind his habitual sardonic smile.
And then the good Samaritan boasts about his action.
He actually hinted that in his speech without mentioning the word ‘hmir’.
We’ll see who the real ‘hmar’ is in this Cyrus issue.
It’s not over by a long stretch yet.
bob-a-bob, it seems like you know something we don’t.
This is the sad thing about our journalists. Serious stuff like the massive increase in deficit hardly elicits any question to the government.
Didn’t Muscat tell Martin Schulz and the crowd in these past few days that he has made or will make the Maltese economy grow four-fold? So much for that theory.
He meant of course grow 4 fold in debt. You have to think and look in the opposite direction to what you think you understood. That is lateral thinking as understood by our Prime Minister Dr. Joseph Muscat.
Pen drives rule OK.
What drives the Maltese economy?
Pen drives
more like ‘pene’ drives . . .
More real issues:
http://www.timesofmalta.com/articles/view/20140512/local/pharmacist-stands-by-discrimination-claims.518712
This should do a nice government billboard (excuse the caps, but they are part of the billboard design):
Malta: Energija Pozittiva
TNAQQIS FL-ESPORTAZZJONI
Labour
Mela Malta Endotermika.
And it seems that up to now (13.32 hrs) Malta Today has still not heard this news.
Hate to tell you so, but I told you so.
You’re all just being negative. Who cares about trade deficit – we have cheaper petrol and electricity and canned tuna – or was that the other time?
http://www.timesofmalta.com/articles/view/20140512/local/updated-trade-deficit-up-sharply-as-exports-imports-decline.518702
http://www.timesofmalta.com/articles/view/20140510/editorial/Seeds-for-further-destruction.518393
http://www.independent.com.mt/articles/2014-05-12/news/pn-worried-about-nso-trade-imbalancefigures-4968546304/
This government is going to put Malta in a dire economic state in a few years from now.
The only thing that will keep it afloat and appearing not to sink shall be the injection of funds from sale of state assets and passports.
But these cannot continue for ever and at some point their contribution will not be enough to offset the direct and indirect effects of a stagnant economy.
Muscat’s dictator-like leadership does not instill confidence in most foreign investors. Only in some.
http://www.maltatoday.com.mt/news/national/38898/marco_cremona_resigns_from_sustainable_development_network#.U3EPFWdZodX
Tip of the iceberg. Even Muscat’s claim on job creation is a convenient play on words (9 new ones for every 1 lost). Thankfully there have not (yet) been any mass redundancies so what are we talking about here 9x a negligible number. The country is curning out graduates, school leavers and trying attract women back to the workplace these need NEW jobs.
As can someone give John Consiglio his iced bun so that he will be able to stop writing rubbish/licking derrière on Maltastar.
This insane reasoning (forgive the oxymoron) that four or nine (the number increases every time I hear it) jobs are created for each one that is lost is pathetic.
Statistics show that unemployment is increasing. Even if new jobs are created, if unemployment is increasing, then the race is being lost.
If one then considers that many of the newly created jobs are public sector posts handed out to the party faithful in the time-honoured, typical Labour style, then the situation is even worse than it appears.