ALFRED MIFSUD
@alfredmifsud
D.G. - Central Bank of Malta. Chair Mid-Med Bank. Chair Crystal Finance . NED and Chair Risk Committee Bank of Valletta. Now Arbiter - Financial Services OAFS
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"we learnt that isolationism never was and never will be an acceptable response to a tyrannical government with expansionist intent" Who is closer to Reagan: Trump or Harris?
Quotes from Reagan's speech at Normandy on the 40th anniversary of D-Day ( 6th June 1984) are still relevant for US election: "It is better to be here ready to protect then peace then to take blind shelter across the sea, rushing to respond after freedom is lost."
This is the best critique i found regarding the collapse of Silicon Valley Bank. Events like this show that even a small bank can cause systemic risks and the Europe did well in not following US in diluting tight bank regulation Frank Dodd type. project-syndicate.org/commentary/pre…
project-syndicate.org
Another Predictable Bank Failure
Joseph E. Stiglitz blames US policymakers and regulators for the collapse of a financial mainstay of Silicon Valley.
Alfred Mifsud wins libel over Daphne post that cost him governor post timesofmalta.com/articles/view/… Better late than never. Thanks to all who expressed their support.
timesofmalta.com
Alfred Mifsud wins libel over Daphne post that cost him governor job
Story referred to when Alfred Mifsud was chairman of Mid Med Bank
“ Mother Nature and market forces are bigger than us and as in the past they will step in to save us from ourselves by forcing upon us painful but temporary corrective measures along the way.” Is Covid19 nature’s call to mend our ways be4 too late? Think positive.
”... and in the process addressing the problem of carbon dioxide induced global warming. The only thing which is bigger than man’s ability to invent is Mother Nature’s and market forces’ ability to correct our excesses leading to long term sustainability. /4
“Humans have adjusted to all challenges and market forces will ensure that if oil gets short its high price will be the source of innovation for viable alternatives which over fifty years could possibly make fossil fuels irrelevant ..../3
In my 2008 essay giving a scenario for the next 50 years i had stated: “Even on a global basis I am confident that none of the end‐of‐the‐world scenarios will materialise. We will not have an ‘end of oil’ disaster or a crippling environmental wreck/2
Govt measures to defer tax is great help 4 business cash flow to tide them over the CV crisis. Some govt support to cushion payroll cost of mandatory quarantined employees also in order. But business expectations to privatise profits & socialise losses is unjust to taxpayers.
#NotForEveryone on a peak holiday week but a real good read on the dangers of democracies committing suicides images.app.goo.gl/1qje3njTbFWhNn…
Moody's upgrades Malta's rating to A2 timesofmalta.com/articles/view/… An overdue acknowledgement of MALTA s economic success. Perhaps usual moaners can stay silent.
timesofmalta.com
Moody's upgrades Malta's rating for first time in 11 years
'Continued improvement' of Malta's fiscal health
Proud to have participated in the setting up of MDB and to seeing performing its function to address market failure in SME financing.
Proud to see our home grown development bank providing much needed guarantees to our local micro enterprises on their bank loans. Well done @BOVtweets Well done #NDB
Well done Miriam. Metsola counter argument that in supporting Timmermans we are supporting tax harmonization is baseless. Timmermans and PSOE know we defend Malta's interest irrespectively. Malta 1st&foremost. Tax harmonization decision not taken by Commission but by Council.
Illejla kxift lir-Roberta Metsola f’wiċċha dwar kif f’Marzu ta’din s-sena vvotaw kontra Malta f’vot dwar t-tassazzjoni. Ma weġbitx.Għax inkixfet li f’Malta tgħid mod u fi Brussell ieħor. Id-dokumenti pubbliċi u kulħadd se jkun jista’ jara kif provaw itellfu l-impjiegi lill-Maltin
EBA faces calls to reform after dropping Danske Bank probe ft.com/content/377f4b… via @financialtimes Unbelievable!! Weak with the big, bullying with the small like FIAU whose failings are dew compared to proven ML waterfall in Baltics States. EBA credibility is in tatters.
ft.com
EBA faces calls to reform after dropping Danske Bank probe
Europe’s banking watchdog criticised for closing investigation into money-laundering
Surplus now strategic even though government expenditure grew +400m. The economy has strong dynamics, roaring ahead & increasing revenue to return a surplus. Debt would have fallen more if not putting away funds for future generations. IIP is tangential to this success story.
The Economist | Mayor Pete for freedom via @TheEconomist The US & int. media is starting to take him seriously. If he keeps the momentum .... he could be on the first or second line of the Democratic ticket. A Malta son to watch out for. economist.com/node/21763009?…
EU set to offer Theresa May a two-month delay to Brexit ft.com/content/1c2e27… via @financialtimes Short extension to 22.05.2019. St Rita's day, the saint of miracles. We need a miracle to avoid disaster of hard Brexit.
ft.com
EU imposes new Brexit timetable allowing May last chance for deal
Brussels summit lays down schedule leaving tight window for Westminster
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