Uncategorized

/Uncategorized

US averts first-ever default with 11th-hour debt deal

US senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury. Economists had warned the country could run out of money to pay its bills by Monday -- leaving almost no [...]

By | 2023-06-02T20:45:01+00:00 June 2nd, 2023|Uncategorized|Comments Off on US averts first-ever default with 11th-hour debt deal

Seychelles arms and corruption cases: Request from Valabjhi's for judge's recusal denied

The Seychelles Supreme Court on Thursday declined and dismissed the application of Mukesh Valabhji and his wife Laura for the recusal of the Chief Justice, Rony Govinden, as the trial judge in the firearms and money laundering cases. The Valabhji couple based their recusal application on several allegations stating among other things, that they had [...]

By | 2023-06-02T17:11:57+00:00 June 2nd, 2023|Uncategorized|Comments Off on Seychelles arms and corruption cases: Request from Valabjhi's for judge's recusal denied

Seychelles plans to making EMS obligatory by law on large fishing vessels

Seychelles seeks to amend its Fisheries Act to input the need for the installation of electronic monitoring systems (EMS) onboard large-scale fishing vessels, a move that will ensure monitoring at sea is more reliable. This was outlined during a briefing by The Nature Conservancy (TNC) to the Minister of Fisheries and Blue Economy, Jean-Francois Ferrari, [...]

By | 2023-06-02T16:12:17+00:00 June 2nd, 2023|Uncategorized|Comments Off on Seychelles plans to making EMS obligatory by law on large fishing vessels

Seychelles plans to make EMS obligatory by law on large fishing vessels

Seychelles seeks to amend its Fisheries Act to input the need for the installation of electronic monitoring systems (EMS) onboard large-scale fishing vessels, a move that will ensure monitoring at sea is more reliable. This was outlined during a briefing by The Nature Conservancy (TNC) to the Minister of Fisheries and Blue Economy, Jean-Francois Ferrari, [...]

By | 2023-06-02T16:12:17+00:00 June 2nd, 2023|Uncategorized|Comments Off on Seychelles plans to make EMS obligatory by law on large fishing vessels

Ocean Fair: Danny Faure Foundation unites Seychelles' ocean lovers for exhibition

An Ocean Fair, organised by the Danny Faure Foundation showcasing the work that several organisations are doing to preserve the oceans, opened on Thursday. Governmental and non-governmental organisations, educational institutions, the fisheries industry, and local artisans are among those participating in the exhibition open from June 1-3 at the Camion Hall in the capital of Victoria. The spokesperson of [...]

By | 2023-06-02T11:57:07+00:00 June 2nd, 2023|Uncategorized|Comments Off on Ocean Fair: Danny Faure Foundation unites Seychelles' ocean lovers for exhibition

US reopens embassy in Seychelles after 27-year hiatus

Visa formalities for Seychellois citizens travelling to the United States are expected to be completed and expedited in Seychelles rather than in Mauritius with the opening of a U.S. Embassy in the capital, Victoria, on Thursday. The statement was made by Seychelles' foreign affairs minister, Sylvestre Radegonde, in his address at the opening of the [...]

By | 2023-06-01T21:31:38+00:00 June 1st, 2023|Uncategorized|Comments Off on US reopens embassy in Seychelles after 27-year hiatus

Firefighters in east Canada battle 'unprecedented' blazes

Firefighters on Wednesday faced a grueling uphill battle against wildfires in Canada's Nova Scotia province, including one threatening suburbs of Halifax. Federal help was coming, officials said, along with firefighters from the United States. "We're in a crisis in the province and we want and we need and we will take all the support we [...]

By | 2023-06-01T19:27:09+00:00 June 1st, 2023|Uncategorized|Comments Off on Firefighters in east Canada battle 'unprecedented' blazes

European leaders close ranks against Russia at Moldova summit

European leaders vowed to remain united in the face of Russia's aggression against Ukraine and Moldova on Thursday, staging a strategy summit on the continent's political frontline. As another deadly missile barrage hit Kyiv, and Moscow claimed to have repulsed a Ukrainian attempt to "invade" Russian soil, 45 leaders met in vulnerable Moldova. The venue [...]

By | 2023-06-01T19:10:20+00:00 June 1st, 2023|Uncategorized|Comments Off on European leaders close ranks against Russia at Moldova summit

“Outlook positive”: IMF approves $56m EFF and $46 million RSF for Seychelles

The executive board of the International Monetary Fund (IMF) approved on May 31 a total of $56 million for a three-year arrangement for Seychelles under the Extended Fund Facility (EFF), and $46 million in a three-year arrangement under the Resilience and Sustainability Facility (RSF), according to a press release on Thursday. The new EFF will [...]

By | 2023-06-01T14:55:00+00:00 June 1st, 2023|Uncategorized|Comments Off on “Outlook positive”: IMF approves $56m EFF and $46 million RSF for Seychelles

“Outlook positive”: IMF approves $56m EFF and $46m RSF for Seychelles

The executive board of the International Monetary Fund (IMF) approved on May 31 a total of $56 million for a three-year arrangement for Seychelles under the Extended Fund Facility (EFF), and $46 million in a three-year arrangement under the Resilience and Sustainability Facility (RSF), according to a press release on Thursday. The new EFF will [...]

By | 2023-06-01T14:55:00+00:00 June 1st, 2023|Uncategorized|Comments Off on “Outlook positive”: IMF approves $56m EFF and $46m RSF for Seychelles