Hashtag: #WorldNews
U.S. SEC Charges Binance & Coinbase
[Updated] The United States Securities and Exchange Commission [SEC] has filed charges against two of the most prominent crypto companies in the world, with today’s charges against Coinbase following after the charges it filed against Binance yesterday. Coinbase A statement from the SEC about the Coinbase matter said, “The Securities and... Read more of this article
UN Declares International Week Of Solidarity
The United Nations has designated May 25 to 31 as the “International Week of Solidarity with the Peoples of Non-Self-Governing Territories.” The United Nations maintains a list of what they deem to be “Non-Self-Governing Territories”, and Bermuda is included, having been listed since 1946; with all the other British Overseas Territories... Read more of this article
Covid Is No Longer Global Health Emergency
The World Health Organization [WHO] announced today [May 5] that they have determined that “Covid-19 is now an established and ongoing health issue which no longer constitutes a public health emergency of international concern.” The statement comes three years after the WHO first declared its highest level of alert over the virus. The official... Read more of this article
OBA Leader On Signature Bank, Fintech & More
[Updated] Following the closure of U.S based Signature Bank by New York regulators, Opposition Leader Cole Simons noted that in 2019 the Government “unveiled its relationship with Signature Bank as a banking service solution for Bermuda‘s fintech companies” and asked “now that this banking option is off the table, what’s next for... Read more of this article
Column: Deep Sea Reefs Must Be Conserved
[Opinion column written by Paris Stefanoudis] Sunlit coral reefs are perhaps the most famous marine habitat and many people will have snorkelled over or dived down to one at some point. Home to a quarter of all known ocean life, these “rainforests of the ocean” have been at the forefront of marine research for decades and been featured in documentaries... Read more of this article
PwC Donates $60,000 To Turkey And Syria
PwC firms in the Caribbean and Bermuda have donated US$60,000 to help victims of last month’s earthquake disaster in Turkey and Syria. A spokesperson said, “Through the PwC Global Office for Humanitarian Affairs and local NGO partners, the donation will be directed to enable rebuilding efforts in Turkey and Syria. The funds were raised through... Read more of this article
Carnival Corp: $2.1B Revolving Credit Facility
Carnival Corporation & plc announced that it has “successfully arranged a new forward starting $2.1 billion multi-currency revolving credit facility.” A spokesperson said, “The New Revolver will replace Carnival Corporation’s existing multi-currency revolving credit facility [the "Existing Revolver"] upon its maturity in... Read more of this article
Bermudian Works On Historic All Black Flight
British Airways recently operated its first-ever flight with an all Black crew, and Bermudian Keivin Richardson-Crane Pimentel was one of the crew working on the historic flight, and he noted that “Bermuda was represented” on the flight. The flight occurred in February on British Airways’ Barbados flight, and according to posts on social... Read more of this article
‘Dialogue To Expedite The End Of Colonialism’
“Encouraging deeper collaboration and constructive dialogue to expedite the end of colonialism” ensuring the “aspirational needs of small island territories under the purview of the Special Committee on Decolonization are met is a global responsibility,” United Nations Secretary-General António Guterres said. “The concerns... Read more of this article
Red Cross Launch Appeal For Turkey & Syria
The Bermuda Red Cross is launching a disaster cash appeal for those affected by the earthquakes in Turkey and Syria, which had a devasting impact, killing over 40,000 people. A spokesperson said, “A third, 6.4 magnitude earthquake has struck southern Turkey 2 weeks after two powerful earthquakes hit southern Turkey and northern Syria, on Monday,... Read more of this article
Podcast: Economic Shocks On Small States
“The main reason small states were really hard hit by Covid was tourism,” Dana Vorisek, Senior Economist, World Bank Group said during a World Bank podcast that looked at the plight of 37 small states, which they define as countries with a population of 1.5 million or less. The World Bank website said, “The recently released January... Read more of this article
Column: See Plastic From Space, Oceans & More
[Opinion column written by Philipp Bayer, Ahmed Elagali, Julie Robidart, and Kate Marie Quigley] You’ve seen the art AI image generators can create, and you may have played with natural language AI chatbots. You’ve benefited from artificial intelligence tools recommending you music and suggesting your next streaming show. But AI can do much more.... Read more of this article
Couple With Bermuda Ties Breaks Kiss Record
A couple that met five years ago in Bermuda – Beth Neale and Miles Cloutier – celebrated Valentine’s Day by setting a world record for the longest underwater kiss. Ms. Neale has an additional special connection with Bermuda, having previously broken her no fins freediving record on the island in 2019. The Guinness World Records website... Read more of this article
Company Plans Demo Of Ferries In Canada
Ambassatours Gray Line and Bermuda-based e-Link Commuting Co. Ltd announced “plans to work together to provide a demonstration project with at least two e-Link Shuttle ferries that will connect Cable Wharf to Georges Island and potentially provide sightseeing tours in Halifax Harbour and down the Northwest Arm” in Canada. A spokesperson... Read more of this article
Russia Adds All Territories To “Unfriendly” List
The Russian government has added eleven more of the British Overseas Territories – including Bermuda — to its so called “unfriendly countries” list, with Bermuda now joining a list that many of the world’s major democracies are already on. The Russian media said, “Eleven more British Overseas Territories have been... Read more of this article
Sunak Officially Becomes UK Prime Minister
Rishi Sunak has officially become the United Kingdom’s new Prime Minister after meeting with King Charles III at Buckingham Palace. A BBC story said, “Rishi Sunak has become the new UK prime minister after meeting King Charles at Buckingham Palace. “In his first speech outside No 10, he says the UK is facing a “profound economic... Read more of this article
