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Power Cuts Cost Malta €200 Million, PN States

Power Cuts Cost Malta €200 Million, PN States
Jul 27 2023 Share

The Nationalist Party reported that the recent frequent power cuts have already cost Malta approximately €200 million. 

The PN’s finance spokesperson, Jerome Caruana Cilia, along with the party’s economy spokesperson, Ivan Bartolo, and a team of experts, calculated this figure using publicly available data and information gathered from the public.

The power cuts, which lasted for 11 days and 10 consecutive nights, heavily impacted small and medium-sized businesses, causing unprecedented difficulties. 

Caruana Cilia compared the current situation to a previous power cut 14 years ago, which was estimated to have cost between €8 million and €10 million, only considering the losses to marketable goods and services.

The country’s energy provider, Enemalta, attributed the power cuts to heatwave temperatures exceeding 40 degrees Celsius, causing faults in the distribution network’s high-voltage cables. Despite a slight decrease in temperatures, power cuts persisted.

The PN called for compensation for those affected by the cuts and urged the government to invest in infrastructure to avoid similar situations in the future. 

The tourism industry was also hit hard, with tourists canceling bookings and leaving negative reviews online, affecting Malta’s reputation as a travel destination.

The PN’s energy spokesperson, Mark Anthony Sammut, criticized Prime Minister Robert Abela for attempting to shift the blame and highlighted the lack of government investment in infrastructure to meet the increased demand due to population growth.

#MaltaDaily 

Love Island’s Allen Donates €800 To Puttinu Cares

Love Island's Allen Donates €800 To Puttinu Cares
Jul 27 2023 Share

NGO Puttinu Cares revealed on social media that Love Island contestant and winner Allen Piscopo has just donated €800 to Puttinu Cares. 

Allen won the highly followed Love Island Malta along with Chelsea Bagnall, despite the couple breaking up weeks after the series ended. 

‘Thank you to Allen Piscopo who donated €800 to Puttinu Cares. Well done for your achievement and we wish you luck for your future’, said the NGO.

Puttinu Cares helps many people in Malta, especially children, battle cancer and other serious diseases by providing them everything from support to roofs over their heads when travelling for medical treatments. 

Well done Allen!

#MaltaDaily 

Spotify Premium Prices Are Increasing

Spotify Premium Prices Are Increasing
Jul 27 2023 Share

Music streaming giant Spotify has implemented price hikes for its premium plans in various countries, including the US, UK, and Australia, aiming to improve profitability amid economic uncertainty. 

In the US, the premium single plan will now cost $10.99 per month, a $1 increase, while other plans for duos, families, and students have also seen price adjustments.

Spotify has been focused on boosting margins through strategic measures, including hundreds of job cuts and restructuring its podcast unit, which had received substantial investment. 

The company recently reported a significant rise in monthly active users, reaching 551 million during the April to June period, surpassing expectations. Additionally, premium subscribers grew by 17% year over year, reaching 220 million, contributing to the company’s record-high quarterly net addition performance.

Competing streaming services like Apple, Amazon, Tidal, and YouTube have also raised prices this year, responding to investor pressure to prioritize profitability over user growth. 

Spotify had previously indicated its intention to raise prices in 2023 and had implemented price increases in 46 countries last year.

In the UK, individual plans rose by £1 per month, while Australia saw a $1 increase for individuals and $2 for duo and family plans. 

The Swedish-based company is set to report its second-quarter results shortly, following its earlier workforce reduction as a result of expanding too quickly during the pandemic. Spotify’s co-founder and CEO, Daniel Ek, acknowledged being “too ambitious in investing ahead of our revenue growth.”

#MaltaDaily 

Maltese Barbies Part 2!

Maltese Barbies Part 2!
Jul 27 2023 Share

There are many more local queens who deserve the Barbie title on the island! So here are some more pink—ed up potential candidates to be live in a Barbie world!

Given the massive hype behind The Barbie Movie, we decided to celebrate just some of Malta’s very own potential Barbies. 

 

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Picking them from their best pink outfits, here are some local familiar faces and influencers who would perfectly in Greta Gerwig’s world alongside Margot Robbie!

#MaltaDaily