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Brazil, Mexico call for de-escalation as US ramps up pressure on Venezuela

Trump’s administration has moved thousands of troops and nearly a dozen warships – including an aircraft carrier – to the region, spiking tensions

International News via Reuters:

The presidents of Latin America’s two largest countries urged restraint on Wednesday in the face of escalating actions from the United States toward regional neighbor Venezuela.  

U.S. President Donald Trump on Tuesday ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, a move that the government of Venezuelan President Nicolas Maduro called a “grotesque threat.”

Trump’s administration has moved thousands of troops and nearly a dozen warships – including an aircraft carrier – to the region, spiking tensions. Maduro’s government has rejected Trump’s moves and has alleged that the U.S. military aims to control Venezuela’s vast oil reserves. 

SHEINBAUM CALLS FOR UN ACTION

Mexican President Claudia Sheinbaum, at her morning press conference, called for dialogue and asked the United Nations to act to prevent violence in Venezuela.

“I call on the United Nations to fulfill its role. It has not been present. It must assume its role to prevent any bloodshed,” she said, reiterating Mexico’s position of being against intervention and foreign interference in Venezuela. 

Sheinbaum also offered Mexico as a host for any potential negotiations or meetings between the two countries.

“The entire world must ensure that there is no intervention and that there is a peaceful solution,” she added.

Brazilian President Luiz Inacio Lula da Silva also called for peace in the region.

“I am concerned about President Trump’s attitudes towards Latin America, about the threats,” Lula said at a ministerial meeting, adding that he urged dialogue between Caracas and Washington in a call with Trump this month.

“The power of the word can outweigh the power of the gun … I said to Trump: ‘If you are interested in talking to Venezuela properly, we can contribute. Now, you have to be willing to talk, you have to be patient,'” Lula said. 

Lula and Sheinbaum made the comments hours before Trump was set to address Americans on Wednesday evening from the White House. 

The two leftist presidents have both been closely engaged in trade negotiations with the Trump administration, and both have achieved a relatively positive rapport with the U.S. leader. 

In a statement shared by his spokesperson on Wednesday, United Nations Secretary-General Antonio Guterres called for the immediate de-escalation of tensions between the United States and Venezuela, asking both countries to “honor their obligations under international law, including the U.N. Charter and any other applicable legal framework to safeguard peace in the region.”

Guterres repeated calls for de-escalation in a phone call with Maduro on Wednesday, the Venezuelan government said in a statement. 

Reporting by Aida Pelaez Fernandez, Raul Cortes Fernandes, Ana Isabel Martinez, and Gabriel Araujo; Editing by Brendan O’Boyle, Cassandra Garrison, Rod Nickel

Broadening transatlantic dialogue

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Brussels Office Director Aliyyah Ahad chosen from 1,900+ applicants for fully funded leadership programme in Morocco

Aliyyah Ahad, Director and European Union Representative of the Government of Bermuda’s Brussels Office, has been selected as a 2025 Atlantic Dialogues Emerging Leader (ADEL).

Ms Ahad was chosen from more than 1,900 applicants and is one of 42 emerging changemakers representing 27 nationalities. The Atlantic Dialogues Emerging Leader programme, now in its 10th year, is organised by the Policy Center for the New South under the patronage of His Majesty King Mohammed VI of Morocco.

The fully funded, week-long leadership programme took place in Rabat, Morocco, from December 8 to 13. Participants took part in workshops, debates, site visits and collaborative exchanges focused on leadership development and practical tools, including strategic communications, forecasting, scenario planning and design thinking.

The programme concluded with the 14th Annual Atlantic Dialogues conference, a high-level gathering of public and private sector leaders from across the Atlantic Basin. The conference serves as a platform for dialogue among the four Atlantic continents and aims to strengthen cooperation on issues of regional and global importance. Speakers included current and former presidents, prime ministers, foreign ministers, ambassadors, and leaders from civil society and academia.

Ms Ahad was also one of four ADEL participants elected by her peers to participate in the Atlantic Dialogues closing panel, titled “Wider Atlantic Challenges Viewed by Emerging Leaders.”

Reflecting on the experience, Ms Ahad said she was “deeply grateful” to the Policy Center for the New South and the ADEL programme for the opportunity to connect with leaders and experts from across the Atlantic Basin.

“It was extremely valuable to have a space for reimagining and broadening traditional transatlantic dialogues, and to explore how we can create agile ‘coalitions of the willing’—including overseas territories, cities, regions, civil society, and the private sector to address the world’s most pressing challenges,” she said. “I look forward to applying these new tools, networks, and perspectives in my work.”

ABIR to sponsor free insurance course

Hamilton, Bermuda (December 17, 2025) — The Association of Bermuda Insurers and Reinsurers (ABIR) will sponsor a free foundational course for the sixth consecutive year, providing Bermudian students and the public with free access to education about Bermuda’s re/insurance industry.

The Special Topics in Insurance programme, starting in January, is offered in collaboration with Bermuda College and the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. John’s University, New York.

The 14-week, online course is designed to help participants build a basic knowledge of Bermuda’s international re/insurance market and to serve as a stepping stone to potential careers in the industry for students and career shifters alike.

The Bermuda Foundation for Insurance Studies (BFIS), which helps Bermudian students to build careers in the re/insurance industry through financial support and mentorship, is a new partner this year and will coordinate the course and engage with students.

Continuing their partnership with the programme for a second year are Lloyd’s, the longest-standing global re/insurance market, and The Institutes Knowledge Group, a global provider of online courses and designations in the risk management and insurance field including the Bermuda-important Associate in Reinsurance (ARe) designation.  Each will host one of the sessions.

The programme will be conducted via the Zoom videoconferencing platform on Monday evenings from 6pm to 8pm. The first session, on January 12, will focus on re/insurance in Bermuda’s economy. Esteemed faculty from St. John’s University and senior executives from ABIR member companies will be among those presenting.

Course topics include:

  • The history and economic importance of Bermuda’s re/insurance industry
  • Careers in insurance
  • Bermuda’s leadership in natural catastrophe reinsurance and climate risk
  • Focus on market segments including collateralized reinsurance, cyber re/insurance, captive insurance, life/annuity and run-off (legacy) insurance
  • Opportunities for inclusion in the industry
  • The role of regulation in insurance
  • The Lloyd’s market is, how it operates and its collaborative relationship with Bermuda
  • Trends in artificial intelligence (AI) and an overview of The Institutes organization and its offerings for re/insurance professionals.

John Huff, ABIR CEO, said: “ABIR’s continued sponsorship of this programme reflects the dedication of our member companies and their employees to support this community education initiative and to build a diverse and inclusive talent pipeline. By opening doors to Bermudians who are curious about the re/insurance sector, we are helping to inspire the next generation of leaders in an industry that is both global and vital to Bermuda’s economy.

“We value our ongoing collaboration with Bermuda College and St. John’s University, and the continuing support from Lloyd’s and The Institutes. We’re also delighted to welcome BFIS on board to help ensure course participants get maximum benefit from the programme, including access to advice on pursuing a re/insurance career.”

Craig Simmons, retired senior lecturer at Bermuda College and the course facilitator, said: “At its core, insurance is about making people whole after they experience an unfortunate or catastrophic event. This course will give you clues about how insurance does just that. We’ll explain the difference between insurance and reinsurance and then take deep dives into the various lines of reinsurance produced on island.

“Each week, starting Monday, January 12, we’ll take on a different topic. If you’re in the industry and wondered what your colleagues in cyber, life, or legacy are doing, or if you wanted to know more about catastrophe models and climate change, then this is the course for you.”

Mark J. Browne, Ph.D., Professor and Chair of the Faculty at the Greenberg School, said: “The Special Topics in Insurance course — jointly produced by St. John’s University’s Greenberg School of Risk Management, ABIR, and Bermuda College  — will provide insights into Bermuda’s insurance sector and serve as a gateway for those interested in careers in the industry. The class will offer professionals insights into Bermuda’s essential and dynamic insurance and reinsurance sectors.”

Victoria Cunningham, BFIS Executive Director, said: “This established and highly successful programme aligns seamlessly with our mission, and BFIS is honoured to be its new home. It has already changed lives and bringing it under BFIS strengthens what we do best: preparing young Bermudians to succeed in international business. We are also proud to continue our partnership with Bermuda College, an institution we value and look forward to working alongside in the years ahead. Together, we’re ready to take this opportunity to the next level for our students.”

Registration is open now for the course, which is free of charge, courtesy of ABIR. Participants can sign up for individual sessions, based on their interests or the full course.  Register free here. https://zoom.us/webinar/register/WN_IMUGzON3RN6xfEaN9XeDiQ

European lawmakers vote for scheme to improve access to abortions

The “My Voice, My Choice” citizens’ initiative proposes a fund from the EU budget to cover procedures for people from nations with near-total bans or places where abortion is hard to access

International News via Reuters:

The European Union’s parliament voted on Wednesday in favour of a scheme that would enable women from nations restricting abortion to terminate pregnancies in another member state free of charge.

The “My Voice, My Choice” citizens’ initiative proposes a fund from the EU budget to cover procedures for people from nations with near-total bans such as Malta and Poland or places where abortion is hard to access, like Italy and Croatia.

While the trend in Europe has been towards more accessibility for abortions, with the UK decriminalising it and France making it a constitutional freedom, there has been a surge in popular support for far-right parties, many of which oppose abortion.  

After the parliament vote of 358 for and 202 against, the European Commission is to decide in March whether to adopt the proposal, though other citizens’ initiatives have not been entirely successful. 

Proponents of the initiative, including abortion rights campaigners and some members of parliament (MEPs) from the left to centre-right, say it should reduce unsafe practices and help women who lack funds for a procedure abroad.

Critics, including far-right and some centre-right MEPs, say the proposal interferes in national laws and traditional Christian values.

Under the European Citizens’ Initiative (ECI) mechanism launched in 2012, the parliamentary vote is advisory only but can influence the Commission decision. 

‘EU STANDS BY WOMEN’

“Today we show the world, but above all our citizens, that the EU stands by women. The EU stands for gender equality, and the EU is not afraid to fulfil all human rights, also women’s human rights,” Swedish MEP Abir Al-Sahlani of the centrist Renew Europe group told reporters in Strasbourg.

In Poland, where abortion was outlawed in nearly all cases in 2021, abortion rights activists applauded the vote. 

“With that resolution, it means that (Polish women) do not have to risk their lives in the Polish healthcare system,” said Mateusz Bieżuński, a lawyer with Polish organisation Federa (Foundation for Women and Family Planning).

Jerzy Kwasniewski, of Polish anti-abortion group Ordo Iuris, said he viewed the vote as “contrary to European values” and expected the proposal to be rejected by the Commission.

In the lead-up to Wednesday’s vote, opponents held events with anti-abortion rights federation One of Us and the European Centre for Law and Justice (ECLJ), a sister organisation of the American Center for Law and Justice, which litigates on abortion cases, and was involved in the U.S. Supreme Court’s 2022 overturning of the landmark Roe v Wade case.

“It is sad that Europe is stuck in this ideological approach,” ECLJ director Gregor Puppinck said of the vote. “The battle for us is first and foremost a cultural one, and deep down we are convinced that life will win in the end.”

Reporting by Layli Foroudi in Strasbourg, Paul Carsten in Berlin, Anna Semczuk-Wlodarczak and Kuba Stezycki in Warsaw; editing by Andrew Cawthorne, Mark Heinrich and Ed Osmond

Regulator orders inspections on some Airbus A320s after fuselage flaw

Under a proposed directive from the European Union Aviation Safety Agency (EASA), airlines must inspect the thickness of certain panels near the front of the aircraft within 6 months or sooner

International News via Reuters:

European safety authorities issued preliminary instructions on Wednesday requiring airlines to inspect fuselage panels on dozens of A320-family jets after a production problem at a Spanish supplier prompted Airbus to slow deliveries.

Under a proposed directive from the European Union Aviation Safety Agency (EASA), airlines must inspect the thickness of certain panels near the front of the aircraft within 6 months or sooner if the affected panels have already been repaired.

A total of 177 planes in service are covered by the inspection order, in addition to a further 451 still in various stages of production inside Airbus itself.

EASA said the inspections were designed to address a “potentially unsafe condition” on panels that have a combination of the wrong thickness and a history of previous repairs.

The safety directive was expected after Airbus prepared its own technical instructions and gives airlines a timetable for resolving the problem.

Industry sources said some airlines are nonetheless reluctant to take new deliveries until panels have been replaced, while others have pressed for compensation or improvements in warranty terms.

Airbus declined to comment on any commercial discussions.  

The company earlier this month lowered its 2025 delivery target by 4% to around 790 jets after the panel flaw slowed deliveries in November.

Industry sources say deliveries remained below average in the first half of December, but have accelerated in recent days.

Airbus, which has a history of speeding up deliveries in the final days of the year, declined to  comment on deliveries ahead of a full-year breakdown due on January 12.

Reporting by Tim Hepher; Editing by Kirsten Donovan

EU rules out UK exemption from carbon border levy until markets link

British industries had hoped to get a temporary exemption from the EU’s carbon border adjustment mechanism (CBAM) while the carbon market linkage negotiations are underway

International News via Reuters:

The European Union will not exempt Britain from its CO2 emissions fee on imported goods until the two sides link their carbon markets, the bloc’s climate chief said on Wednesday.

British industries had hoped to get a temporary exemption from the EU’s carbon border adjustment mechanism (CBAM) while the carbon market linkage negotiations are underway.

The UK government has said the EU levy will cost its industry 800 million pounds a year.

EU Climate Commissioner Wopke Hoekstra said Britain would not be exempted from the carbon border levy until its carbon market was linked to the EU’s – a process officials say could take more than a year.

“We’re not exempting anyone, but the moment we will be fully linking those two, it is likely that there will be an exemption at that point in time,” he said.

The UK Cabinet Office did not immediately respond to a request for comment.

Hoekstra said Brussels was aware the UK government “would have … liked a different order to this whole set of events”.

“But that is something unfortunately we cannot change,” Hoekstra said, adding that the EU would work constructively with the UK to link the carbon markets. 

The EU CBAM will start imposing fees on the bloc’s imports of goods including steel and cement from January. But companies have until a September 2027 deadline to buy CBAM certificates to cover their 2026 emissions and submit them to the EU.

Reporting by Kate Abnett, Susanna Twidale; editing by Louise Breusch Rasmussen and Louise Heavens

Spanish city evicts hundreds of migrants from occupied building

The building, long occupied by squatters, was cleared under orders from Badalona Mayor Xabier Garcia Albiol of the conservative opposition People’s Party (PP)

International News via Reuters:

Spanish police on Wednesday evicted hundreds of migrants from a former high school in the northeastern city of Badalona, in what a union representing local tenants described as the largest such eviction ever in Spain.

The building, long occupied by squatters, was cleared under orders from Badalona Mayor Xabier Garcia Albiol of the conservative opposition People’s Party (PP), whose views on migration clash with a more permissive stance of Spain’s leftist government.

Brief clashes erupted between riot police and activists and migrants, but most left peacefully carrying their belongings in carts or sat in the street with their luggage, with no other place to go.

Albiol justified the move by the need to fight illegality and crime, which he has often linked to irregular immigration, advocating deportations for offenders.

Spain’s central government has largely embraced migration, highlighting its economic benefits, at a time when other EU countries have been tightening borders and right-wing parties gaining traction with promises of tougher immigration controls.

The tenants’ union and other associations urged authorities to provide housing alternatives for the roughly 400 people evicted, but the migrants, such as 25-year-old undocumented Senegalese man Boubacar, said they had no choice but to sleep rough.

“Tonight our plan is to sleep in the street because we don’t know where to go. And as you can see, it’s raining right now and it’s cold, and we don’t know what to do. We’re going to have to sleep like this; it’s very hard,” said Boubacar, who only gave his first name.

In the same city five years ago, five people died when an industrial building caught fire with West African migrants inside.

Writing by Emma Pinedo; Editing by Aidan Lewis

New sponsors for risk summit

Hamilton, Bermuda, 17 December 2025 – The Bermuda Business Development Agency (BDA) today announced additional sponsors for the 2026 Bermuda Risk Summit, including BILTIR as Platinum Sponsor and AM Best as Gold Sponsor. They join previously announced Headline Sponsor EY in supporting Bermuda’s signature risk event, taking place March 9 – 11, 2026 at the Hamilton Princess & Beach Club.

This year’s Summit will be anchored by the theme “Building What’s Next”, reflecting a forwardlooking programme exploring how global risk, (re)insurance, life and annuity, captives, ILS, and financial markets are evolving in response to an increasingly complex risk environment. As the organiser of the Bermuda Risk Summit, the BDA continues to strengthen Bermuda’s position as a global centre for risk leadership by convening decision-makers, sharing expertise, and fostering the connections that translate into real outcomes for Bermuda’s economy.

Additional sponsors confirmed to date include Ariel Re and AXA XL (Silver), Acord, Aon, Aspen, Fidelis Insurance Group, Rein4ce, SiriusPoint and SS&C Technologies (Supporting), BermudAir as the Official Airline sponsor, with further sponsors to be announced in the coming weeks.

Suzanne Williams-Charles, CEO, BILTIR, said: “We are proud to once again support the Bermuda Risk Summit as a Platinum Sponsor and help drive the conversations moving our industry forward. This year’s theme highlights a pivotal time for the sector and will provide an essential platform for insurance and reinsurance leaders to discuss challenges and opportunities shaping the future of our industry.”

Meg Mulry, Senior Director, AM Best, said: “We are pleased to support the Bermuda Risk Summit again as a Gold Sponsor and look forward to discussing the key risks and opportunities facing (re)insurers, as well as exploring innovative solutions that will define the next phase of the sector’s evolution.”

Venetia Furbert, Business Development Manager for Risk & Insurance at the BDA, added: “The volatility and uncertainty defining today’s risk landscape requires the industry to move beyond simply sharing risk, to helping the global community adapt, respond, and build with greater confidence. The Bermuda Risk Summit provides precisely that platform: a place where leaders can confront emerging challenges, explore new forms of resilience, and collectively build what comes next.

“We are grateful to our sponsors for helping us deliver it each year. Their partnership strengthens Bermuda’s risk ecosystem and enables us to convene the global leaders shaping the future of the industry.”

Registration for the 2026 Bermuda Risk Summit is now open at a rate of $595 until 9 February, increasing to $695 thereafter. Additional sponsorship and speaking opportunities are available. For more information, visit bda.bm or email bermudarisk@bda.bm.

To secure accommodation at the Hamilton Princess & Beach Club, reserve your room online or contact 1-441-295-3000 or the Global Reservations Centre at 1-800-441-1414, using the booking code ‘Risk 326’ to access preferred rates.

Bermuda to host Caribbean tourism meeting

The Ministry of Tourism & Transport, Culture & Sport is proud to announce that Bermuda will host the Caribbean Tourism Organization (CTO) Spring Meetings and Industry Forum from 22–25 February, 2026, at the Hamilton Princess Hotel.

The 2026 Spring Meeting and Industry Forum will spotlight a critical theme, regional air connectivity, a strategic priority that shapes the development, accessibility, and competitiveness of Caribbean tourism. The event will convene key stakeholders, including government officials, airline executives, tourism leaders, and private-sector partners, to explore innovative solutions and actionable strategies to strengthen connectivity across the region.

The CTO, the Caribbean’s leading tourism development agency, represents 25 Dutch, English, and French-speaking member countries, alongside a robust network of private-sector allies. Guided by its vision to position the Caribbean as the world’s most desirable year-round destination.

During the recent CTO meeting, the Hon. Owen Darrell, Minister of Tourism &Transport, Culture & Sport, joined Erin Wright, Acting CEO and Chief Operations Officer of the Bermuda Tourism Authority, and William “Billy” Griffith, Chairman of the CTO Allied Board of Directors, and Acting Chair of Bermuda Tourism Authority,  to discuss key priorities including cruise and airlift development, technology and innovation, resilience financing, and the modernization of Caribbean tourism strategies.

In his address to the CTO Council of Ministers, Commissioners, and Board of Directors, Minister Darrell highlighted Bermuda’s unique strengths and the opportunities for collaboration at the upcoming February forum.

Minister Darrell stated, “At the CTO’s December meeting in Miami, I was proud to present Bermuda as a premier destination renowned for its world-class facilities and hospitality. We look forward to welcoming CTO members and showcasing our island’s beauty and vibrancy. This event will unite tourism stakeholders, business leaders, and community advocates to drive meaningful dialogue on air service development and regional growth.”

Weapons amnesty ends today

Last chance to hand in arms, without repercussions, in special bins

The Bermuda Police Service (BPS) reminds the public that today, Wednesday, December 17, 2025 is the last day under the current Weapons Amnesty, for members of the public to drop off weapons and other dangerous articles in the marked surrender bins.

The bins can be easily found outside the three police stations, Hamilton, Southside and Somerset, as well as at Warwick Camp and the two Gorham’s locations, central and west.

Assistant Commissioner of Police, Martin Weekes, said, ”We encourage all members of the public who have any prohibited or dangerous weapons that they wish to hand in, to do so today at any of the surrender bin locations, where they will be collected and safely disposed of by the BPS. Please be reminded that all firearms and ammunition that is to be surrendered must be turned in at a police station and cannot be dropped in the bins, for public safety reasons.”

The BPS wish to thank all members of the public who have already dropped off one of the many weapons that have been collected from the bins so far.

Regiment signs new kit deal

Food, clothing and communication equipment are covered in a new agreement with the U.K.’s Ministry of Defence, as well as transportation, medical kit, spare parts and maintenance services

A recently signed agreement between Bermuda’s Ministry of National Security and the UK Ministry of Defence (MOD) will deliver efficiencies, savings and improved quality control during the procurement of kit and equipment for the Royal Bermuda Regiment (RBR).

The Mutual Logistics Support Arrangement (MLSA) will allow the RBR to purchase directly from the MOD and its authorised vendors instead of through brokers or on the open market.

Provisions such as food, clothing and communication equipment are covered in the agreement, as well as transportation, medical kit, spare parts and maintenance services.

RBR Commanding Officer Lieutenant Colonel Duncan Simons explained: “This agreement enables a pathway for the Regiment to procure items through the Ministry of Defence procurement channels.

“What that means is that we can get equipment of an approved standard at the lowest cost possible rather than working through brokers or purchasing equipment and clothing on the open market.

“It reduces cost, increases quality control and saves a great deal of time and effort.”

The Regiment had for some time recognised challenges related to procurement, owing to its position as a stand-alone unit in terms of day-to-day operations, despite falling under the British Army’s order of battle from a ceremonial perspective.

It was during discussions with British Defence Staff (Washington, DC) – through which the MOD is represented in the United States – that it was determined an MLSA would be an appropriate means to address the issue.

Lt Col Simons noted the efforts of Major Thomas Wood, the RBR’s Second-in-Command and Executive Officer, who played a key role in establishing the arrangement.

The Commanding Officer added: “We’ve settled on a fairly straightforward document that represents a demonstration of the UK’s support to the Regiment and defence in Bermuda.”

His Excellency the Governor Andrew Murdoch CMG, the RBR’s Commander-in-Chief, said: “I’m delighted that this important agreement has been finalised. It will provide an excellent mechanism to use the strength of the UK Armed Forces’ supply chain to help Bermuda.

“My thanks to all those involved in its drafting. It is so good that other Overseas Territories are looking to use it as a template for their military contingents.”

A spokesman for the Ministry of National Security added: “The Ministry of National Security is extremely pleased that this agreement has been reached as it represents significant benefits for the Royal Bermuda Regiment in particular, and Bermuda in general.

“We wholeheartedly support this collaboration and we commend Lt Col Duncan Simons for his work in bringing this to fruition.”

· For information on joining the Royal Bermuda Regiment, visit rbr.bm, call 238-1045 or contact the Recruiting Team at rbr.recruiting@gov.bm.