Wednesday, October 21, 2026
Home Blog Page 1027

Factbox-What is the ‘Five Eyes’ intelligence-sharing alliance?

France has said it will continue to offer intelligence to Kyiv

FILE PHOTO: The USCYBERCOM building stands on the National Security Agency campus at Fort Meade, Maryland, U.S., May 25, 2020. REUTERS/Joshua Roberts//File Photo

International news via Reuters

U.S. President Donald Trump’s administration announced this week it was suspending intelligence sharing with Ukraine as part of efforts to step up pressure on President Volodymyr Zelenskiy to cooperate with peace talks.

France has said it will continue to offer intelligence to Kyiv, but said it might be difficult for Britain, another of Ukraine’s strongest supporters, to do so because of the constraints of the ‘Five Eyes’ alliance.

Here are details about the alliance: 

– The Five Eyes is made up of Britain, the United States, Canada, Australia and New Zealand which originally evolved from a secret World War Two alliance between British and U.S. cypher and code breaking teams.

In 1946, a signals intelligence agreement was signed between Britain and the U.S. which was later extended to the other three countries.

– It now brings together law enforcement and security agencies from the five members to share intelligence, information and threat assessments across a range of issues relating to national security.

– Its members describe it as the world’s oldest and most significant intelligence alliance. All say it is their nation’s most important such partnership.

– Working on a basis of a high level of trust, it operates on a presumption that all signals intelligence would be shared with other partners, and that withholding information would be viewed as an exception.

– However, it does not inhibit each nation’s intelligence communities from acting unilaterally or choosing not to share information.

Reporting by Michael Holden, editing by Elizabeth Piper and William Maclean

US foreign aid contractors go to judge after Supreme Court boost

Despite the Supreme Court’s action, the future of the funding remains unclear

People protest outside the USAID building, after billionaire Elon Musk, who is heading U.S. President Donald Trump’s drive to shrink the federal government, said work is underway to shut down the U.S. foreign aid agency USAID, in Washington, U.S., February 3, 2025.

International news via Reuters:

A day after getting a boost from the Supreme Court, U.S. foreign aid contractors and grant recipients go before a federal judge on Thursday to try to restore funding halted by President Donald Trump’s administration in his drive to shut down American humanitarian efforts globally.

The case before U.S. District Judge Amir Ali represents an early test of the legality of Trump’s aggressive moves since returning to the presidency in January to assert power over federal spending including funding approved by Congress. 

A hearing is scheduled in Washington for 2 p.m. (1900 GMT) before Ali after the Supreme Court on Wednesday upheld his emergency order for the administration to promptly release funding to contractors and recipients of grants from the U.S. Agency for International Development and State Department. The funding would cover close to $2 billion for work already completed by the organizations.

The Supreme Court, whose 6-3 conservative majority includes three justices appointed by Trump during his first term, has hit the brakes on two actions by the president while challenges continue in lower courts. On February 21, it declined to let Trump immediately fire the head of a federal watchdog agency after a judge’s order temporarily blocked the dismissal, though an appeals court allowed the firing to go ahead on Wednesday.

Its 5-4 decision on Wednesday to uphold Ali’s order could offer clues on how the top U.S. judicial body will treat disputes over Trump’s power to suspend or cancel funding appropriated by Congress – an issue central to numerous legal challenges as he and adviser Elon Musk move to overhaul and downsize the federal government.

“It was not a ruling on the merits. But it is significant that the court will allow the judge’s order to lift the freeze on federal funds. It likely reflects that five justices believe Trump lacks the power to impound funds as he has claimed,” said Erwin Chemerinsky, a constitutional law scholar and dean of the University of California, Berkeley School of Law.

Chief Justice John Roberts and fellow conservative Amy Coney Barrett joined the court’s three liberal members to form a majority in rejecting the administration’s request. Conservative Justices Samuel Alito, Clarence Thomas, Neil Gorsuch and Brett Kavanaugh dissented.

Alito in a written dissent expressed dismay at the court’s action, calling himself “stunned.”

“The vehement Alito dissent makes it even more likely that the majority opinion reflects the justices’ views and is not just a procedural ruling,” Chemerinsky said.

Alito’s position expressed in the dissent, Chemerinsky added, “would seemingly give the president control over all federal spending regardless of appropriations statutes.”

‘BRAZEN DEFIANCE’

Ali earlier issued a temporary order for the administration to release the funds, but the government stalled for weeks, arguing that it possessed the authority to keep payments frozen while it reviewed contracts and grants. The plaintiffs labeled this as “brazen defiance” of Ali’s order. 

On February 25, the judge gave the administration a firm deadline to release some of the funds, prompting it to ask the Supreme Court to block the order, which it declined to do.

Despite the Supreme Court’s action, the future of the funding remains unclear. The administration said last week it has made final decisions to terminate more than 90% of USAID foreign aid contracts and more than $58 billion in overall U.S. assistance worldwide, meaning that in its view the original freeze that Ali had blocked was no longer in effect.

The Supreme Court’s ruling acknowledged that the administration said it was unable to comply with Ali’s deadline and asked the judge to clarify what the government must do with “due regard for the feasibility of any compliance timelines.” Ali asked both sides to submit a report on the government’s compliance with his order in advance of Thursday’s hearing.

The plaintiffs have accused Trump of exceeding his authority under federal law and the U.S. Constitution by effectively dismantling an independent federal agency and canceling spending authorized by Congress.

They also have said the administration did not conduct a genuine review before canceling contracts. They are asking Ali, who was appointed by the Republican president’s Democratic predecessor Joe Biden, for an order called a preliminary injunction directing the administration to restore funding while their lawsuit proceeds.

Trump ordered a 90-day pause on all U.S. foreign aid on his first day back in office. That action, and ensuing stop-work orders halting USAID operations around the world, have jeopardized the delivery of life-saving food and medical aid, throwing global humanitarian relief efforts into chaos. The administration has placed most USAID staff on leave and has eliminated 1,600 jobs.

Reporting by Brendan Pierson in New York and John Kruzel in Washington; Editing by Will Dunham

DHL to save $1.1 billion by 2027 with 8,000 job cuts, shares rise

Logistics companies seeing slower profit growth due to softer demand and easing supply-chain disruptions

International news via Reuters:

DHL announced plans on Thursday to cut about 8,000 jobs in Germany this year as part of a strategy to save more than 1 billion euros ($1.08 billion) by 2027, after the logistics group reported a 7% fall in annual operating profit.

Shares jumped by around 10% to their highest in three years by 1026 GMT

The Verdi union criticised the planned job cuts and urged politicians to act, denying that its wage agreement on March 4 prompted the layoffs. The union blamed regulations and insufficient stamp price increases.

Earlier DHL CEO Tobias Meyer told Reuters the agreement, costing the group 360 million euros by 2026, was behind the job cuts.

The company does not expect any conflict with Verdi, DHL CFO Melanie Kreis said during an analyst call.

Logistics companies are likely to see slower profit growth this year due to softer demand and easing supply-chain disruptions, Parash Jain, HSBC’s global head of transport and logistics research, said ahead of the results.

Jain expects transportation companies to cut costs, with growth in global container trade and air freight tonnes expected to halve in 2025.

A woman with dogs walk past a Deutsche Post DHL letter bicycle in Berlin, Germany March 6, 2025. REUTERS/Annegret Hilse

The company does not have much exposure to U.S. President Donald Trump’s pause on the decision to scrap “de minimis”, duty exemption for low-value packages, Meyer said on the call.

DHL shares underperformed the wider logistics sector over the past year, falling nearly 11% by Tuesday.

Meyer said there were no plans to separate the P&P business, although it has struggled for years with cost inflation and declining letter volumes.

DHL logged 5.89 billion euros in 2024 earnings before interest and tax, surpassing analysts’ expectations of 5.81 billion euros in a company-provided consensus.

For 2025, the group expects an operating profit of more than 6 billion euros, which is below analysts’ expectations of 6.29 billion euros. The forecast does not account for potential impacts from changes in tariff or trade policies.

DHL maintained a 1.85 euro dividend per share for 2024 and increased its share buyback program by 2 billion euros to 6 billion euros, extending it until 2026.

($1 = 0.9258 euros)

Reporting by Matthias Inverardi, Tom Sims and Amir Orusov, additional reporting by Anastasiia Kozlova; Editing by Subhranshu Sahu and Louise Heavens

‘Bermuda Treasures’ shine on the tennis court

Free weekly coaching sessions for seniors at the W.E.R. Joell Tennis Stadium

They say it’s never too late to learn. And when it comes to tennis, veteran coach David Lambert couldn’t agree more. Participation in the free weekly coaching sessions has nearly doubled since the programme’s return last fall.

The Bermuda Treasures Tennis Program takes place every Wednesday from 10-11am at the W.E.R. Joell Tennis Stadium. For more information contact Coach David Lambert on 505-2618

Opposition calls for investigation into Savvy Entertainment loan  

“This is not about political games—it’s about integrity and responsible governance,” says OBA Leader 

The Opposition has pledged to provide answers to the public as it pushes for a full investigation into an $800,000 government loan granted to Savvy Entertainment in 2018. 

When Parliament reconvenes next Friday, the OBA has vowed to ensure that the Public Accounts Committee launches a formal probe into the loan, which was apparently never re-paid. Savvy’s alleged connection to PLP MP Zane DeSilva has been extensively reported by The Royal Gazette this week. 

OBA Leader Jarion Richardson stated, “Bermudians deserve to know why public funds were handed over with little oversight and why the Premier continued to support an individual now at the centre of serious allegations. This is not just one bad deal—it reflects a pattern of reckless decision-making at the highest levels of government. The time has come to expose just how deep this problem runs.” 

The PAC is tasked with reviewing government spending and financial governance. 

Mr Richardson added: “This investigation will scrutinize decision-making processes, contractual agreements, and risks to public funds. Our priority is protecting taxpayers, strengthening oversight, and preventing future abuses.” 

“This is not about political games—it’s about integrity and responsible governance. Bermudians deserve confidence that public funds are managed transparently and effectively. The Opposition is committed to using every tool available, especially the PAC, to ensure full accountability.” 

The Government has questioned the timing of the Opposition’s actions, arguing that the PAC has been “virtually defunct” for much of the time under the OBA’s chairmanship. 

A spokesperson added: “While the Opposition have finally decided to use the power of the PAC, one must question whether they are motivated by accountability or just chasing headlines.” 

The Government emphasized that it had initially reported the Savvy Entertainment matter to the authorities who have since made “considerable efforts” to recover the funds and hold Savvy founder Anthony Blakey accountable. 

With the case still under active police investigation, the Government stated, “it would be inappropriate to comment on specific details at this time.” 

A spokesperson concluded: “Despite the Opposition highlighting this issue in a political context, our focus remains on the broader responsibility of governing, ensuring financial stewardship, strengthening oversight, and working in the best interests of all Bermudians.” 

The Free Democratic Movement calling for the dismantling of the BTA

The political party pointing to their Economic Policy for an alternative

The Free Democratic Movement (FDM) taking the Bermuda Tourism Authority (BTA) to task, calling the organisation ‘bloated’ and ‘ineffective’. This after the BTA released their 2024 Fourth Quarter tourism numbers.

According to the executive summary, leisure air visitors for the year topped-out at 139,546, up 15.2% from 2023. Those leisure air visitors spent a total of $300.13 million dollars in that same period, a year-over-year increase of 27% from 2023.

The FDM believes that they offer an alternative, as outlined in their Economic Policy: “We will make it easier for local entrepreneurs to conduct business on government-owned land such as Dockyard and other under-utilised spaces. This includes simplifying the process for vendors allowed in popular tourist locations.”

The Bermuda Tourism Authority declined to comment on the FDM’s criticisms.

New York City, Boston, Philadelphia, Canada, the United Kingdom and Washington DC were listed in the BTA’s report as Bermuda’s top travel markets for leisure air visitors. The FDM took issue with Bermuda’s tourism industry relying heavily on the United States East Coast:

“Bermuda’s over reliance on the U.S. East Coast market remains a glaring weakness, marking long-term growth unsustainable. The BTA touts digital marketing campaigns and airline partnerships, yet these efforts have failed to expand Bermuda’s visitor base or diversify its tourism product. The BTA remains a bloated and ineffective entity that does not justify its budget.”

The FDM calling on the dismantling of the tourism organisation, replacing it with “a privately led Tourism Stakeholders’ Council, ensuring marketing and innovation efforts are industry driven and financially sustainable.”

Following Premier David Burt’s meeting with FDM leader Marc Bean last week, it’s yet to be seen if the Government will consider the political party’s proposals.

Britain’s M&S gives store workers 5% pay rise

Pay for UK customer assistants will increase to at least 12.60 pounds an hour

FILE PHOTO: Shoppers walk past at a branch of the British clothing and food retailer Marks and Spencer on Oxford Street in London, Britain, January 3, 2019. REUTERS/Toby Melville/File Photo

International news via Reuters:

British clothing and food group Marks & Spencer said its 50,000 retail workers will get a 5% pay rise from April 1, an investment of 95 million pounds ($122 million).

M&S said on Wednesday the pay for UK customer assistants will increase to at least 12.60 pounds an hour, with workers in London paid 13.85 pounds an hour.

The new rates come ahead of the UK government’s 6.7% hike in the national minimum wage to 12.21 pounds for most adults that will kick in from next month.

They will be noted by the Bank of England, which is keeping a close eye on wage settlements as it assesses further moves in interest rates after cutting by a quarter-point last month.

British pay growth accelerated in late 2024, according to official data published last month that suggested the jobs market was holding up and underscored why the Bank of England has been cautious about cutting interest rates despite a weak overall economy.

“Following the government’s recent increases in tax and national insurance contributions, it’s no secret that M&S and indeed the entire retail sector has some significant cost headwinds to face in the new financial year,” M&S CEO Stuart Machin said.

“However, I have always believed that we should not allow these headwinds to impact our hourly paid colleagues.”

Several retailers, including Sainsbury’s and Costa Coffee, have also recently announced above inflation pay rises.

UK inflation hit a 10-month high of 3% in January, according to official data.

($1 = 0.7789 pounds)

Reporting by James Davey; editing by Sarah Young and Louise Heavens

60th annual schools art exhibition opens

Under the theme, ‘Expressions from Our Heart,’ the show features the creative talents of students from public and private schools

(Left to right) Levyette Robinson, Kate Kenny, Margot Harvey, Nicole Ratteray, Louisa Tannock, Dan DeSilva, Riki Teteina, Shannon Rose-Robinson,Thérèse Bean, Ani Douglas, Jake Commandeur, Tenisha Dill, Steven Masters, Louisa Bermingham, Rajeev Goonewardeen, Marvin Pringle, Nzingha Ming

The following statement was issued by the Bermuda Government:

“The Department of Education proudly opened the 60th Annual Middle and Senior School Art Exhibition at the Bermuda Society of Arts (BSOA), City Hall. The exhibition, which runs until March 11, 2025, features an impressive collection of 2D and 3D artwork created by students from both public and private schools.

Acting Arts Education Officer, Dr. Shannon Rose-Robinson, highlighted the significance of the exhibition, stating: “The event was attended by passionate and dedicated Visual Arts teachers, who carefully curated the masterful displays representing their respective schools.

“This impressive collection is truly a celebration of student artistry and excellence! Each year, we witness the profound impact our outstanding visual arts teachers have on Bermuda’s young creatives. Without their vision, commitment, and expertise, an exhibition of this caliber would not be possible.”

Commissioner of Education, Mrs. Kalmar Richards, also shared her enthusiasm for the showcase, praising both students and educators: “I am always excited about the Annual Art Exhibits. This year’s theme, ‘Expressions from Our Heart,’ beautifully captures what art is all about – a reflection of students’ authentic thoughts, ideas, and emotions. Our teachers have fostered the environments and experiences that allow students to share their creativity so openly. I deeply appreciate their dedication and applaud them for nurturing Bermuda’s young artists.

“To our student artists: Be proud of what you have created! Your artwork represents your unique perspective and talent. I commend you for your courage and skill in sharing your inner world with us. I look forward to visiting the exhibit and savoring each piece on display.”

Minister of Education, Crystal Caesar shared her support for the Exhibition, “As a passionate advocate and active participant in the arts, I am pleased to see educators nurturing a remarkable platform for student creativity. Such efforts undoubtedly enrich Bermuda’s vibrant cultural tapestry. I wholeheartedly support the continuation of these initiatives and eagerly anticipate more in the future.”

Awards and Special Recognitions

To honor their artistic contributions, every participating student will receive a Certificate of Appreciation from the Department of Education. Additionally, the highly anticipated People’s Choice Awards will recognize the middle and senior school students who receive the most votes from visitors during the exhibition. Exciting prizes are being provided by the Department of Education, the Department of Cultural Affairs, and this year’s newest sponsor, Mailboxes Unlimited.


Upcoming Primary School Exhibition

The second installment of the 60th Annual Schools Art Exhibition will feature artwork from primary students across the island. Their work will be on display from March 21 to April 7, 2025.

The Bermuda Society of Arts is open Monday through Friday from 10:00 AM to 4:00 PM and Saturdays from 10:00 AM to 2:00 PM. Admission is free.

For more information, contact BSOA AT 292-3824 or visit www.bsoa.bm.”

YouTube brings cheaper subscription tier to US with no ads, except for music

The company began testing Premium Lite last year in Australia, Germany and Thailand

Silhouettes of laptop and mobile device users are seen next to a screen projection of Youtube logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

International news via Reuters:

Alphabet’s YouTube on Wednesday rolled out a $7.99 monthly subscription service that is ad-free for most videos, except music, to create a plan to compete more directly with offerings from Netflix and Disney.

The “Premium Lite” plan is aimed at customers who rarely watch music videos or listen to music. YouTube is a major player in the streaming music world, but the online video company has a substantial number of watchers who rarely use that function and may gravitate to the new service.

YouTube’s existing $13.99 Premium plan has no ads, including for music, while a separate $10.99 plan offers ad-free music videos and other videos with ads, essentially the reverse of the new plan.

The new option fills a demand YouTube has been noticing for several years among users who already pay for other music streaming subscriptions. That dynamic is particularly apparent in the United States, where the market is led by Spotify and streaming offerings from Apple and Amazon.

John Harding, a vice president of engineering, said the main focus of the new plan is to tap into a “much larger set of people” who otherwise might not consider paying for YouTube. 

“We didn’t feel that we really got it matching the tier for users that don’t need the music content, and so that’s where this revision comes in,” said Jack Greenberg, the product director for YouTube Premium.

The company began testing Premium Lite last year in Australia, Germany and Thailand. The preliminary data showed a new user base of first-time subscribers paying for Premium Lite, Harding said, with some later upgrading to Premium. More people upgraded than the amount downgrading to the cheaper plan.

YouTube announced Wednesday that it had eclipsed 125 million paying subscribers, up from 100 million in January 2024, though those figures include users who are signed up for temporary free trials.

Ads comprise the majority of YouTube’s revenue, accounting for $36 billion of Alphabet’s $350 billion in overall 2024 revenue. But subscriptions are increasingly contributing to sales.

Alphabet is secretive about sharing YouTube’s subscription-based revenue, but CEO Sundar Pichai stated during an October call about the company’s third-quarter results that YouTube’s combined ad and subscription revenue surpassed $50 billion over the previous four quarters.

Chief business officer Philipp Schindler also stated last year that subscriptions were boosting the bottom line for both YouTube and its content creators.

Some details regarding the U.S. launch of Premium Lite were first reported by Bloomberg in February.

YouTube in 2023 hiked the price of Premium and Music Premium by $2 and $1, respectively.

Reporting by Kenrick Cai in San Francisco; editing by Peter Henderson and Stephen Coates

UK new car sales dip in February, Tesla rebounds, industry data shows

Tesla sales dropped by 42% in Sweden, 48% in both Norway and Denmark, 45% in France and 55% in Italy

FILE PHOTO: Cars at a dealership in London, Britain, May 5, 2020. REUTERS/Toby Melville/file photo

International news via Reuters:

New car registrations in the UK fell 1% in February, offsetting a rise in private and business buyer volumes and despite growing electric vehicle demand a jump in Tesla sales, industry data showed on Wednesday.

The Society of Motor Manufacturers and Traders (SMMT) reported volumes of battery electric vehicles (BEV) rose 41.7% year-on-year, now accounting for one in four new cars sold in the month.

“Although February’s figures show a subdued overall market, the good news is that electric car uptake is increasing, albeit at huge cost to manufacturers in terms of market support,” said SMMT Chief Mike Hawes.

Tesla sales were up 20.7% in the month, helped by the overall strong growth of BEV registrations and more than compensating for a weak January.

Elsewhere in Europe, Elon Musk’s electric brand saw in February a continuation of the dramatic drop seen in January, which market analysts see as a brand loyalty test amid Musk’s role in U.S. President Donald Trump’s administration.

Tesla sales dropped by 42% in Sweden, 48% in both Norway and Denmark, 45% in France and 55% in Italy, official data shows.

Worldwide sales of the brand’s China-made cars were down 49.2% in February as it faced intense pressure from Chinese rivals.

Among Chinese automakers, newcomer Chery – which launched the Omoda 5 in September and the Jaecoo 7 in January – sold 1,244 cars, more than BYD’s 1,177.

Overall, new car registrations dropped for the fifth consecutive month in February to 84,054 units.

SMMT said it expects EV sales in March to rise as buyers take advantage of the March number plate change to avoid an extra 2,125 pounds ($2,728.71) charge on BEVs with a list price above 40,000 pounds.

Global automakers continue to struggle with rising costs, sluggish demand and stiff competition from Chinese rivals, as well as stringent carbon regulation amidst the looming threat of tariffs under Trump’s second presidency term.

Private registrations grew by 4.6% last month, resulting in a slight increase in the overall market share to 35.6%, the report added.

($1 = 0.7788 pounds)

Reporting by DhanushVignesh Babu and Anandita Mehrotra in Bengaluru, Alessandro Parodi in Gdansk; Editing by Shilpi Majumdar, Janane Venkatraman, Nick Carey and Louise Heavens

Government applauds success of Skyport Magic Mile

The event is recognised as a highlight on the island’s sporting calendar

The following statement was issued by the Bermuda Government:

“The Flora Duffy Stadium was a hive of excitement this past weekend as 700 young runners took to the track for the highly anticipated Skyport Magic Mile. With great racing conditions, the annual event once again proved to be a celebration of Bermuda’s budding athletic talent, drawing a lively crowd of family members, friends, and supporters. The event kicked off in spectacular fashion, with the PHC Majorettes and Drum Corps energising the spectators before the first races got underway.

Among those in attendance was the Minister of Tourism & Transport, Culture & Sport, the Hon. Owen Darrell, JP, MP, who watched from the stands and applauded the competitors’ efforts. Reflecting on the event, he said, “It is truly inspiring to see so many young athletes giving their all on the track. Their dedication and enthusiasm are a testament to the bright future of Bermudian sport. Events like these play a vital role in encouraging our youth to stay active, build confidence, and strive for excellence.”

From the youngest competitors in the four-year-old division to the fast-paced showdowns in the 12-to-15 category, each race delivered thrilling action and a glimpse of the island’s future track stars. The atmosphere was electric as runners pushed themselves to the finish line, cheered on by an enthusiastic crowd.

With another successful Skyport Magic Mile in the books, the event continues to stand as a highlight on the island’s sporting calendar. As young runners celebrated their achievements, it was clear that the spirit of competition, community, and athleticism remains strong, ensuring the future of Bermuda’s track and field scene is as bright as ever.”