Corporate Dispatch Morning Briefing

Good morning,

The morning briefing with the salient headlines from Malta, Europe and the world, to start your day informed.

In the early hours of Monday an earthquake of the intensity of 4.5 was registered in southern Italy and felt in Malta.

40%  of the world’s stock of foreign direct investment (FDI) is “phantom” capital, designed to minimise companies’ tax liabilities rather than financing productive activity, according to research.

Russia’s ruling United Russia party, which supports President Vladimir Putin, has lost a slew of seats in the Moscow parliament, RIA news agency said on Monday, suggesting a tactical voting strategy pushed by opponents may have worked.

Record heatwaves in June and July caused the deaths of 1,435 people in France this year, according to the country’s health minister Agnès Buzyn.

More than 900,000 homes have been left without power after Typhoon Faxai made landfall near Tokyo.

Britain’s position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears.

Zimbabwe’s former president Robert Mugabe who died Friday in Singapore at the age of 95, is scheduled to be buried on Sunday, September 15, in a location yet to be determined, the presidency announced Sunday.

Malta’s Newspaper Front Pages 

We read about a study indicating that the population in Malta increased by more than 18 percent since the last census in 2011. The Nationalist Party said it will object to a measure in the proposed rental reform law that would give landlords the right to inspect property unannounced. The budget this year will be presented on the 14th of October. Prime Minister Joseph Muscat said that that government will make investment in the environment a priority. We also read that author Trevor Zahra who agrees with the teaching of Maltese language to foreign people living in the country.

On This Day

In 1971 John Lennon releases his ‘Imagine’ album. In 2015 Queen Elizabeth II becomes Great Britain’s longest-reigning monarch at 63 years and seven months, beating the previous record set by her great-great-grandmother, Queen Victoria.

Thought for Today

“Imagine all the people, Living life in peace” – John Lennon 

Corporate Dispatch 

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