Interview
A difficult year for the EFL industry

Charlot Zahra spoke to FELTOM President Andrew Mangion about what has been a difficult year for the English as a Foreign Language (EFL) industry in Malta with a drop of 20 per cent from 2008 figures, the problems facing the EFL industry locally and its efforts to tap new markets once the recession is over. >>

Comment
Smart City’s trial by fire
Among the many wise-after-the-fact comments to the multibillion potential default in Dubai somebody described what had been going on “as surfing on a bubble”. Fortunes were made in Dubai whether or not the risks were evident. Everyone wanted a piece of the pie. It was what everybody else was doing too. The dynamism was dizzying. >>

OPINION
George M. Mangion
Will Dubai falter?
The news concerning the Dubai debt repayment crisis as announced last Thursday, was certainly not unexpected but few predicted its impact on the world financial markets. Thus, it was not so surprising that the U.S. dollar edged up from 14-year lows against the yen as renewed risk aversion prompted investors to shed riskier assets. >>

Tonio Borg
14 double taxation agreements in 18 months
The signing of 14 double taxation agreements is only a fraction of what the Foreign Affairs Ministry has achieved in the first 18 months of this government.>>

Alex Mangion
Market Psychology
14 months have passed since we witnessed the unexpected. An institution which was considered too big to fail had eventually failed >>