ROME (ITALPRESS/MNA) – “The current situation of the Central Bank of Libya (CBL) is rapidly evolving into a true national emergency. The political diatribes that led to internal divisions and difficulties in the reorganization of the CBL are no longer theoretical issues or far from everyday life: their consequences are already manifesting themselves in the social fabric of the country”. This was stated by Daniele Ruvinetti, Senior Advisor of the Med-or Foundation.

“The operational paralysis of the CBL, combined with the suspension of international transactions, has direct and dramatic effects on the lives of citizens. The most obvious example concerns the growing difficulty in importing essential goods such as food. Without the possibility of accessing balances and deposits abroad, Libya is forced to look for emergency solutions to guarantee food supplies”, he added.

Ruvinetti said, “This is already creating tensions in the internal market and risks further worsening the condition of the population, which is already seriously affected”.

“Moreover, the extension of negotiations for the reorganization of the Libyan Central Bank only postpones an urgent matter. The longer a definitive solution is postponed, the more we risk triggering new tensions and problems that could further destabilize the country. This instability puts not only economic security at risk, but also the physical security of citizens, as it could reopen a phase of military clashes, with devastating consequences for the population”, concluded Ruvinetti.

He emphasized the necessity to act urgently to restore the functionality of the Central Bank and regain control of the economic situation, before political and economic tensions lead to a new spiral of violence and serve the interests of those who capitalize on violence and chaos, at the expense of the civilian population.

– Photo Daniele Ruvinetti –

(ITALPRESS).

Source: medNews

LA VALLETTA (MALTA) (MNA/ITALPRESS) – A 19-year old Italian woman is suffering from serious injuries after she found herself in difficulty while swimming in the Fra Ben bay in Qawra. The incident occurred at around 6:45pm on Wednesday when authorities received a call for assistance after the youth’s friends assisted her to come ashore. The young woman was unconscious and given CPR assistance by a person on site. Eventually, a medical team from the Malta Red Cross officers and members of the Civil Protection arrived on site to assist the Italian woman. She was admitted to Mater Dei hospital for further treatment. Authorities have urged swimmers to follow weather warnings and to avoid swimming when a red flag is placed on beaches.(ITALPRESS).

Foto: trl

Source: medNews

VALLETTA (ITALPRESS/MNA) – Top actor and Oscar-winning director Mel Gibson is in Malta on a five-day visit for discussions with the Maltese authorities in connection with a potential film project. The Maltese Prime Minister Robert Abela met Gibson and the production team on Wednesday to discuss the upcoming production.
The Australian actor is among an 11-member team scouting Malta following an invitation by the Malta Film Commission. It is understood that Gibson is scouting for locations to film the sequel to 2004’s The Passion of the Christ, which he co-wrote, produced, and directed.
The new film Resurrection is expected to bring together several actors of the original cast of The Passion of Christ, featuring Jim Caviezel and Francesco De Vito. Reports say the film will be shot in Israel, Morocco and Italy.
-photo Agenzia Fotogramma-
(ITALPRESS).

Source: medNews

RABAT (MOROCCO) (ITALPRESS/MNA) – According to the Moroccan Ministry of the Interior, a total of 45,015 irregular emigration attempts have been blocked since the beginning of 2024, thanks to the resilience of border and coastal surveillance systems. According to data from the authorities in Rabat, 11,323 attempts were blocked last August, mainly in the prefecture of Mdiq (near the city of Ceuta) and 3,325 failed attempts in the province of Nador (near the city of Melilla), involving different nationalities. Similarly, the security services dismantled 177 criminal networks active in migrant trafficking, while 10,589 migrants were rescued at sea and were able to benefit from support in terms of assistance, medical support, accommodation and guidance, in the context of border management.

In addition, in 2024 Morocco will still have to face increasing migratory pressure, a direct consequence of the prevailing instability in the Sahel region and the permeability of the borders. A situation aggravated by the ruthless exploitation of criminal networks involved in migrant trafficking. In this context, the Rabat authorities are calling for continuous coordination between all partner countries to deal with the phenomenon of irregular migration.

– Photo MAP –

Source: medNews

VALLETTA (ITALPRESS/MNA) – HSBC Holdings plc is undertaking a strategic review of its 70.03% ownership stake in its Maltese bank. This development comes just over a year after HSBC Malta dismissed reports about its possible exit from the Maltese market as ‘speculative.’
In a company announcement, HSBC Bank Malta stated, “HSBC Holdings plc yesterday evening informed the Board of Directors that it will undertake a strategic review of its indirect 70.03% shareholding in the Bank.”
This strategic review could potentially lead to significant changes, including the sale of HSBC Holdings’ shares or alterations to its involvement in the Maltese bank. The news of the bank’s possible exit will inevitably send ripples through Maltàs financial sector and economy while raising questions about the future of one of Maltàs major banks.
-photo xf3 –
(ITALPRESS).

Source: medNews

ROME (ITALPRESS) – The objectives of the Saudi Association, presented to the Italian Senate aim to create a bridge between Italy and Saudi Arabia to facilitate interconnections between the economic operators of the two countries. These include the start of the first discussions with the Italian and Saudi governments to identify the means to achieve the strategic objectives to obtain recognition of the Italian Chamber of Commerce abroad, carry out activities in favor of commercial exchanges between Italy and Saudi Arabia, assist the economic operators of the two countries, encourage the development of economic relations and collaboration between entrepreneurs and promote the dissemination of economic information, useful for developing business opportunities.

“SaudIta is a voluntary association of non-profit entrepreneurs. Our members are companies and trade associations, engaged in different economic sectors present in some regions to expand and cover the entire national territory”, explained the president of the Saudita Association consortium, Bruno Calvetta.

Italy recalled the Fratelli d’Italia senator Cinzia Pellegrino, “is the second country for trade with Saudi Arabia among European countries and the ninth in the world. The companies that have joined this consortium are of quality: I am convinced that the consortium itself will work because we are very attractive from a commercial point of view and for our professionalism. I am sure that in a short time, we will be able to carry out the bureaucratic process for the effective establishment of the Chamber of Commerce”.

In a greeting message read during the press conference, the deputy foreign minister, Edmondo Cirielli, recalled that “our companies are the first ambassadors abroad. The partnership between Italy and Saudi Arabia is expanding and strengthening at all levels. The Saudi market has a high strategic importance”, just think that “exports to Riyadh in 2023 reached 4.9 billion euros (+19% on 2022). The creation of an Italian Chamber of Commerce in Riyadh “is essential to make the most of a context rich in opportunities such as the Saudi one”. In Saudi Arabia “there are 36 million inhabitants, SMEs are over one million and they are growing every year: it is a fabric with which we can dialogue. Furthermore, it is close to all trade routes and is a thriving country, with a healthy economy. It is opening up to renewables, manufacturing has started to have an effect, and for the Saudis, it is important to follow the development of hi-tech”, explained Giovanni Ricci of the SaudIta Consortium. “The objective is very ambitious: to become a case of excellence. Behind each product we would also like to bring training initiatives”, he added.

For Andrea Marino, councilor of the SaudIta Consortium and director of Federolio, “Made in Italy is extremely interesting for foreign markets, especially for Arab ones. The Saudi market is expanding, and the task of trade associations is fundamental in making local buyers understand the characteristics of our quality products”.

– Photo xi2/Italpress –

(ITALPRESS).

Source: medNews

LA VALLETTA (MALTA) (ITALPRESS/MNA) – In the latest effort to crack down on worker exploitation while preventing the influx of foreign workers in saturated industries, the Maltese government will launch a new economic migration policy. Home Affairs and Employment Minister Byron Camilleri explained that the new policy will aim to better align migration with the actual needs of the labour market. “The policy will strengthen employment rights, ensure fair working conditions for all, and reward employers who invest in upskilling their workers, regardless of nationality”.
The initiative comes amid concerns of a massive increase in third country national workers in Malta, especially in the last decade.
In an interview with The Times of Malta, Minister Camilleri said: “The government’s policy is built on four key principles: prioritising the needs of those already contributing to the local economy, safeguarding the dignity of all workers, promoting stability and retention, and encouraging the upskilling and reskilling of employees”. Minister Camilleri added: “It will be a policy in favour of workers, it will push for more stability and retention in all sectors, it will invest in worker upskilling and re-skilling and adopt a skills-based approach that identifies which industries need more workers and which have enough”.
He emphasised that economic migration will only be permitted to address labour or skills shortages identified in the labour market. “Some sectors, like healthcare need more workers but other sectors like cabs and food delivery services, have enough, and this policy will help the national employment agency Jobsplus identify where and when workers are needed”.
(ITALPRESS).
-Photo credit: Agenzia Fotogramma-

Source: medNews

MILAN (ITALPRESS/MNA) – Peace, security, and stability to make all citizens of the world equal, starting with children. This is one of the messages that emerged on the occasion of the 50th edition of the Ambrosetti Forum in Cernobbio, which was attended by the President of GKSD Investment Holding and vice-president of the San Donato Group Kamel Ghribi.
“Even on this occasion,” said Ghribi, “I had the opportunity to appreciate the quality of the contents and to note the intensity of an experience of meeting with global leaders, with whom I had the opportunity to delve deeper into the topics that are dearest to me: peace, security, stability, a health that can make all citizens of the world equal, starting with children. Only safe and stable societies and nations can foster business.”
For Ghribi “it is a mistake to consider peace only as an element of security; peace is also an essential prerequisite for the orderly development of markets, for the good performance of the economy and the growth of nations, whether rich or poor. This is why peace and prosperity walk together. And to cultivate them better we must not forget the Mediterranean and Africa. I wanted to represent all this to the many leaders I met, whether they were African, from the Middle East, from the European Union, from the United States or Eastern Europe”.
Events like the one in Cernobbio “essentially serve this purpose: to circulate good ideas and good intentions and ensure that they become a source of virtuous deeds between leaders and people”.
-photo GKSD –
(ITALPRESS)

Source: medNews

ABU DHABI (ITALPRESS/MNA) – The Italian ambassador to Abu Dhabi Lorenzo Fanara met with the president of the Federal National Council of the United Arab Emirates, Saqr Ghobash, to “enhance the excellent bilateral relations and the commitment to dialogue and peace”, as stated on the Instagram profile of the Italian embassy in the United Arab Emirates. The next possibilities for interparliamentary cooperation were also discussed.
– Photo: Instagram profile Italian embassy in the United Arab Emirates –
(ITALPRESS)

Source: medNews

LA VALLETTA (MALTA) (MNA-ITALPRESS) – The police in Malta have not yet taken action against a man who placed a threatening message at Malta’s European Commissioner front door last July.
EU Commissioner Helen Dalli confirmed an article published by the Opposition newspaper Il-Mument including images taken from security footage showing a man parking a car outside Dalli’s residence in Marsascala, leaving an item on her doorstep and taking a photo of it. The paper said the item was a jar of marijuana, along with a threatening note stating ‘Next time I will be prepared with something for your children’. Dalli said the disturbing incident occurred on 31st July. “I immediately reported this threat to the police along with the security footage, in which a man can be seen approaching our house and his car is visible too. Since then I haven’t received any communication on this case. Last week I asked for an update on the investigation and was told that they don’t have one yet”. Over the recent weeks, the Dalli family was in the public eye, especially after European Commission President Ursula von der Leyen reportedly suggested that the Maltese government should nominate the outgoing commissioner for a second term and replace prime minister Robert Abela’s nominee and former head of secretariat, Glenn Micallef.
Last week, Dalli’s son, Luke, a host on Labour media for the past 14 years, announced that he will not be hosting a programme in the upcoming winter schedule. In a Facebook post, Dalli said it was a very “hard decision” for him but had come to it following several events over the past years, months and weeks. Helena Dalli’s husband, Patrick, went a step further and alleged that two senior Labour Party officials are attempting to politically harm Dalli’s chances for commissioner. He also said that “soon you will know the manoeuvres that were made in the appointment of the President of Malta by two high-ranking officials of the Labour Party to harm Helena’s credibility.” “It was a fascist attack on a woman who dedicated her life to the Labour Party and the Maltese people.” Dalli was touted to be in the running for President of the Republic, but eventually Myriam Spiteri Debono was appointed.
Helen Dalli is in the last weeks of her five-year-term as European Commissioner having previously served as minister under Joseph Muscat and Robert Abela.(ITALPRESS).

Foto: Agenzia Fotogramma

Source: medNews