Seychelles

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Poor countries call for debt revolution at UN summit

Torn down by growing debt and a barrage of crises, leaders of the world's poorest countries have stepped up calls for the rules governing handouts of billions of dollars to be rewritten.

Western nations gave out more than $185 billion in grants and cheap loans in 2021, according to the OECD. Official development assistance is one of the pillars of the international financial system.

Legendary novelist Wilbur Smith dies aged 88

Internationally acclaimed author Wilbur Smith died at his home in South Africa on Nov. 13 after a decades-long career in writing, his office said. He was 88.

With 49 titles under his belt, Smith became a household name, his swashbuckling adventure stories taking readers from tropical islands to the jungles of Africa and even Ancient Egypt and World War II.

Former UN Special Envoy is the Second Bulgarian in "Pandora Papers"

Nikolay Mladenov - former War Minister and Foreign Minister of Bulgaria, has registered an offshore company in the Seychelles through a Swiss intermediary, the website bird.bg reports. This happened in August 2013, a few months after Nikolay Mladenov left Bulgarian politics and a week after he became the UN special envoy for Iraq.

Second Bulgarian Politician Exposed in Pandora Papers Denies Claims

UN Special Coordinator for the Middle East Peace Process Nickolay Mladenov with observers in the West Bank city of Hebron, November 4, 2015. Photo; EPA/ABED AL HASHLAMOUN

Mladenov denied the allegations, saying he founded the firm to develop a consultancy practice that never operated because of his involvement in the UN. 

Bulgarian Oligarch’s Offshore Assets Revealed in ‘Pandora Papers’

Delyan Peevski in parliament in Sofia in May 2013. Photo: EPA/STR.

During his time as a MP in 2013, Peevski was involved in three offshore companies which he has not declared, according to the massive leak of data to media from companies used by rich clients around the world to hide wealth in tax havens.

CNSU updates list of countries with high epidemiological risk

The National Committee for Emergency Situations (CNSU) updated on Thursday the list of countries with high epidemiological risk. According to CNSU, Serbia, Estonia, Albania, Tunisia, Mauritius, Jamaica, Lebanon, Palestine, Belize, Antigua and Barbuda, Suriname and Brunei Darussalam have entered the red zone.

CNSU updates list of high epidemiological risk countries; Greece, Ireland, Monaco enter red zone

The National Committee for Emergency Situations (CNSU) on Thursday adopted Decision No 52 on updating the list of countries/territories with high epidemiological risk, with Greece, Ireland, Monaco entering the red zone, and France, Belgium, Israel, the USA, Iceland and Honduras entering the yellow zone.

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