James Debono and Matthew Vella
Papal favourite Joseph Ratzinger yesterday became the 265th pope in the history of the Catholic Church, the sixth German pope, and the sixteenth pope named Benedict in the long line of pontiffs.
White smoke yesterday emerged earlier than expected at 5.50pm, and the great bells of St Peter’s Basilica started chiming at 6.11 pm, as crowds thronged into St Peter’s Square in the Vatican City, some running to catch their first glimpse of the new pontiff.
While the Prime Minister seeks consolation in the three consecutive electoral defeats by saying he is willing to sacrifice his popularity for the good of the country, economists warn that unpopularity is no measure of success
On Sunday the Leader of the Opposition Alfred Sant expressed his concern that the government’s strategy for the introduction of the Euro would drive the country into a wall.
Hoteliers and tourist operators have been clamouring for the introduction of low-cost airlines to Malta but this enthusiasm is more contained at Malta International Airport. Chief Executive Officer Peter Bolech is not overwhelmed by promises made by budget airlines of manna falling from heaven as far as incoming passengers are concerned.
Speech delivered by by economist Lino Briguglio at a business breakfast organised by The Malta Financial & Business Times that discussed tourism READ MORE >>