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New Zealand introduces climate change law for financial firms

New Zealand introduces climate change law for financial firms
Apr 14 2021 Share

New Zealand has become the first country to introduce a law which will require banks and other investment managers to report impacts of climate change on their business. New Zealand’s Minister for Climate Change James Shaw announced the law on Tuesday. All banks with total assets of more than NZ$1 billion ($703 million), insurers with more than NZ$1 billion in total assets under management and all equity and debt issuers will have to make disclosures.

‘We simply cannot get to net-zero carbon emissions by 2050 unless the financial sector knows what impact their investments are having on the climate’ stated Shaw. Around 200 of the country’s biggest companies and several foreign firms meet NZ$1, meaning they will come under legislation and will have to explain how they would manage climate-related risks and opportunities.

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Maltese footballer Joseph Mbong captures Swiss FC Sion attention

Maltese footballer Joseph Mbong captures Swiss FC Sion attention
Apr 14 2021 Share

Maltese winger Joseph Mbong, who recently scored his first international goal against Russia, has reportedly captured the attention of Swiss super league side FC Sion. Bolsplazz, a Swiss football website, has stated that Mbong’s recent extraordinary football mastery has intrigued a number of Swiss clubs. FC Sion seems to be leading the charge with interest in the 23-year-old player who currently plays for Hamrun Spartans.

The Maltese sports site Replay added that Hamrun received requests of information from FC Sion. A formal issue has not yet been issued, but things look promising for Mbong. Sion has won Super League twice and the Swiss Cup 13 times.

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Malta and UK engage in discussions about digital vaccine certificates

Malta and the UK have initiated bilateral talks on creating a digital vaccine certificate clayton bartolo
Apr 13 2021 Share

Malta and the UK have initiated bilateral talks on creating a digital vaccine certificate which will, according to Tourism Minister Clayton Bartolo, not be limited by EU negotiations. The minister revealed that the certificate was already in development by the Malta Information Technology Agency (MITA) and is aimed for release by June alongside tourism reopening.

Bartolo stated that in discussions with the UK government, that information about the digital certificate and its components are already being exchanged. The Minister has already emphasised the importance of the UK in jumpstarting the economy through tourism post-COVID-19. The passport’s standard QR code, and data stating reception of vaccine doses will allow safe travel between the two countries.

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WATCH: Crash between Mercedes-AMG GT and Police car

car crash police mercedes amg gt
Apr 13 2021 Share

A video making rounds on social media shows a crash that has allegedly taken place between a yellow Mercedes-AMG GT and a police car, leading to a traffic congestion. The video shows the bumper-to-bumper collision which occurred on St Andrew’s Street in Swieqi, with what seems to be the car owner and police officer inspecting the damage done to the vehicles.

The police car seems to have received quite the damage as a crumpled bonnet behind the yellow Mercedes is evident in the video. The reason for the incident is as of yet unknown but the Mercedes-AMG GT value is known to shoot upwards of €100,000. The Malta Police Force seems to be in for quite a bill.

WATCH:

 

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