Iran's foreign ministry on Friday condemned new United States sanctions against China and Russia, saying they endanger "international trade security". "As the primary victim of economic terrorism, Iran strongly condemns the destabilising act of sanctioning certain Chinese companies," said Iran's foreign ministry spokesman Abbas Mousavi in an official statement. "The actions of (US President Donald) [...]
With the aim of supporting domestic economic activity, the Central Bank of Seychelles (CBS) has loosened its monetary policy stance for the fourth quarter of 2019, a high official said Thursday. The governor of the central bank, Caroline Abel, said that for the last three months of this year, which starts on October 4, [...]
The President of Seychelles, Danny Faure, has expressed gratitude to the Waitt Foundation and Waitt Institute for the contribution made towards the island nation’s successful implementation of the debt swap, State House said on Friday. Faure met with the Ted Waitt, the chairman and founder of the Foundation and Institute, in New York where he is [...]
The Seychelles' Ministry for Tourism, Civil Aviation, Ports and Marine is closely monitoring the situation after the announcement on Monday that the British travel group Thomas Cook had declared bankruptcy. A communique from the Seychelles Tourism Board (STB) on Wednesday said the board and the ministry are concerned with “the failure of Thomas Cook and its [...]
A UK court on Thursday ordered the Nigerian government to pay $200 million pending its appeal against the $9.6 billion awarded to a tiny firm over a failed natural gas deal. The high-stakes dispute pits Process and Industrial Developments Limited (P&ID) -- a British Virgin Islands-registered firm founded by two Irish business partners -- against [...]
Angry residents of the western district of Grand Anse on the main island of Mahe took to the streets on Thursday to protest overpayment of compensation for a water contamination which occurred during the construction of Sheikh Khalifa bin Zayed al-Nahyan’s palace complex in 2010. The residents of the sub-district of La Misere initially blocked the entrance [...]
The President of Seychelles has highlighted and lauded the increasing interest young people are taking in advancing the fight against climate change. Danny Faure was addressing world leaders on Wednesday at the 74th Session of the United Nations General Assembly in New York. “Fortunately, young people around the world have taken a stand to secure their future. In Seychelles, we are seeing youth-led NGOs partnering with the Government to [...]
Israeli Prime Minister Benjamin Netanyahu launched into what could prove to be an impossible mission to form a new government Thursday after the president tasked him with doing so following deadlocked elections. The mandate from President Reuven Rivlin on Wednesday night gave Netanyahu a temporary victory, but he must now cobble together a coalition without [...]
How are French emperor Napoleon Bonaparte, the ill-fated Louis XVI of France and Queen Marie-Antoinette linked to the Seychelles? And have you heard of a stolen stone? Find out more interesting and intriguing historical facts about the island nation – all happening in September – through this week’s Buzz. September 4, 1801 Thirty-eight deportees [...]
British MPs returned to parliament on Wednesday following a momentous Supreme Court ruling that struck down Prime Minister Boris Johnson's decision to suspend the house weeks before the Brexit deadline. The judgement has hit Johnson's authority, prompting calls for his resignation and cast further doubt on his promise to pull Britain out of the EU [...]
