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‘Temporary garden’ outside Parliament to become permanent

May 16 2021 Share

The garden erected outside Valletta’s Parliament building will become a permanent fixture within Malta’s capital city, Valletta Cultural Agency chairman Jason Micallef announces.

Gardens were previously erected in Valletta as part of the Valletta Green Festival but after reportedly receiving much positive feedback, Micallef has announced that ‘the VCA is committed to the urban greening of Valletta’.

He went on to state that the Valletta Cultural Agency truly believes that the country requires more green spaces in its cities and villages.

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Photo Source: Valletta Cultural Agency

Two arrested in 5kg cocaine bust worth €250,000 in St. Paul’s Bay

May 16 2021 Share

Officers within the Malta Police Force’s Drug Squad have arrested a 44-year-old Maltese man and a 49-year-old Italian after the discovery of 5 kilograms of cocaine.

After weeks of observation on the individuals suspected of drug trafficking, the police intercepted their home in St. Paul’s Bay and arrested them, discovering the substances with a street value of over €250,000.

The Maltese man was found in possession of 3 kilograms of what is suspected to be cocaine while the Italian man hid 2 kilograms of this same substance, along with a large amount of cash in his vehicle.

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Real estate prices skyrocket globally despite pandemic

May 16 2021 Share

Despite many expecting the housing market to implode as a result of the COVID-19 pandemic, millions are panic buying properties as real estate prices continue to surge globally.

Within the 37 wealthy member countries of the Organisation for Economic Cooperation and Development, prices have risen by close to 7% between Q4 of 2019 and Q4 of 2020. This is the fastest growth in decades due to many reassessing what they want from their homes as a result of being locked inside.

While many real estate professionals expected the market to collapse, the pandemic’s effect on rising house prices came due to government bans on repossessions and the provision of trillions in support to workers and business, as well as interest rates cuts and temporary tax reductions, cushioning the market from recession.

The International Head of Growth at English estate agency Fine & Country Daniel Harrington has noted that ‘wealthy executives’ have traded their central homes for larger, less-central properties, leaving them enough capital to invest in downtown apartments and holiday homes and thus increasing domestic demand in places such as the French Riviera.

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Photo Source: Timur Saglambilek

Get ready for a very hot Monday ahead!

Next Monday is set to be the hottest day of 2021 so far.
May 15 2021 Share

Next Monday is set to be the hottest day of 2021 so far. Malta and Gozo will be getting a start of the week that reaches up to 32°C, with hot air from the Sahara Desert flooding the island. This is perfect for beach lovers who want to kick off their week by basking in the sun or splashing around in on of Malta’s beautiful bays.

The following days are set to be mainly sunny up until Friday which will also see a slight spike in heat. Are you excited for this upcoming scorching week?

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Photo Source: The Telegraph