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March 8, 2021
The GNU is the result of a complicated negotiation process overseen by the UN. In October the UN invited 75 Libyan figures to form the Libyan Political Dialogue Forum, empowering them to create the GNU. The GNU is designed to replace the Government of National Accord in Tripoli and the rival government in the eastern town of Tobruk. If Parliament approves Mr Dbeibah’s Cabinet, it also implicitly approves the GNU. If the MPs reject it, the dialogue forum has said it could approve the Cabinet i...
March 1, 2021
Allegations of corruption have marred his appointment
February 26, 2021
The former chief of Antiguas Financial Services Regulatory Commission (FSRC) was sentenced today to 10 years in prison for his role in connection with a $7 billion Ponzi scheme involving the Stanford International Bank (SIB). Leroy King of Dickerson Bay, Antigua, pleaded guilty on January 30, 2020, to one count of conspiracy to obstruct justice and one count of obstruction of justice for his role in obstructing the Securities and Exchange Commission (SEC) investigation into SIB. He was extradi...
February 25, 2021
The former chief of Antigua’s Financial Services Regulatory Commission (FSRC) was sentenced today to 10 years in prison for his role in connection with a $7…
February 25, 2021
<p><span>The former chief of Antigua&rsquo;s Financial Services Regulatory Commission (FSRC) was sentenced today to 10 years in prison for his role in connection with a $7 billion Ponzi scheme involving the Stanford International Bank (SIB).</span></p>
February 24, 2021
Computer vision, technology and AI platform company, Mirriad has appointed Kelsey Lynn Skinner as a non-executive director with immediate effect, joining the audit and remuneration committees. With career experience with technology companies in both US and the UK, Ms Skinner studied engineering at Stanford University before joining a Palo Alto venture capital firm and quickly ascending to partner. After 12 years in Silicon Valley and six US board roles, she relocated to London in 2012 and j...
February 23, 2021
SHARE A reported assassination attempt against a senior member of Libya’s Government of National Accord on Sunday increased tensions in the country before a crucial vote on a new unity government. Fighting erupted around the motorcade of Interior Minister Fathi Bashagha as it sped along a highway in Janzour, a western suburb of Tripoli. The GNA is one of two rival governments in the politically fragmented country. Mr Bashagha, who was unharmed in the battle, insisted it was an assassination a...
February 18, 2021
February 18, 2021 391 Views Cambridge GaN Devices (CGD) has raised $9.5 million in Series A funding. The investment was co-led by IQ Capital, Parkwalk Advisors and BGF, and includes investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels and Cambridge Capital Group. The funding will be used by CGD to expand its product portfolio of energy-efficient power devices and to double the size of its team. CGD was spun out of the renowned power device group at the E...
February 6, 2021
SHARE The future of Libya’s new government is as hard to predict as the people selected to lead it, with established heavyweight candidates surprisingly losing out in Friday’s election to political novices. Heading the new unity government is a three-strong presidency, led by Mohamed Menfi, a former ambassador to Greece. A cabinet will now be formed by new prime minister Abdul Hamid Dbeibah, a businessman from Misurata. Neither man has until now been a key player in Libya’s often chaotic ...
February 5, 2021
After selling to underage male, Shell gas station in Sunderland to lose liquor license for 3 days The Shell gas station and convenience store on Amherst Road (Route 116) in Sunderland. Staff Photo/Paul Franz Published: 2/4/2021 4:44:25 PM SUNDERLAND — The Selectboard has issued a three-day liquor license suspension, delayed for one year, for a liquor law violation at the Shell gas station on Amherst Road (Route 116). At a Selectboard hearing Monday night, Police Chief Erik Demetropoulos expla...