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Apr 02 - A Weekend for Racing

thunder catsThis weekend Gibraltar’s Eastern Beach will play host to the gripping opening of the ThunderCat Racing British National Championship Rounds 1 & 2. The sport, not widely known yet, involves lightweight catamarans that course through the sea spray at 65 mph.

The weekend long event will make up the Gibraltar Grand Prix between Friday 5th April and Sunday 7th. Amongst the competitors heading to Gibraltar to participate are world surf champions, students and all around adrenaline junkies.

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Apr 02 - Couple Reunited During HMS Scott Boat Transfer

hms scott coupleDuring a routine boat transfer to the HMS Scott during its time in Gibraltar this weekend, Deputy Principal Medical Officer of the Princess Royal Medical Centre in Gibraltar, had a chance to be reunited with his wife, who is currently deployed with the HMS Scott.

Chief Survey Recorder Suzie Cook tied the Vessels RHIB up alongside at HM Naval Base where she was met by Surgeon Lieutenant Commander Andy Vale and a bouquet of flower. The couple has spent three months apart since spending Christmas together last December.

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Mar 28 - PDP Urges Government to Attract Banks to Gibraltar

pdpThe PDP takes note of the announcement by Barclays Bank of its review of its Gibraltar operation as part of its general review of its business worldwide.

It hopes that at the end of the review process it will conclude that it should retain its links with the Rock that go back well over 125 years. In the meantime it wishes to express solidarity with the local Management and employees and their desire to retain their jobs and prospects.

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Mar 28 - GSD Voices Concern over IOSCO Non-Compliance

gsdOpposition spokesman for Justice, Home Affairs and Financial Services, Selwyn Figueras, is today seeking clarification and assurances from the Government to allay finance industry concerns stemming from Gibraltar's apparent failure to meet its obligations under the International Organisation of Securities Commissions (‘IOSCO’), namely compliance with the Multilateral Memorandum of Understanding (‘MMoU’).

“Established in 2002, the MMoU provides a global framework for enforcement co-operation between securities regulators, thereby helping to ensure effective regulation and to preserve the strength of securities markets. Signatories represent approximately 95% of global securities markets, and the IOSCO MMoU is the leading instrument for multi-lateral co-operation in the enforcement of securities regulation. “

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Mar 28 - GSD Continues to Probe Government for Inconvenient Answer

gsdThe Leader of the Opposition, Daniel Feetham, yesterday assured the Chief Minister that no one in the GSD is angry at either him or the Government. “What we are” said Mr. Feetham “is concerned, along with many others members of the community, that Mr. Picardo seems determined not to provide information he finds inconvenient”. 

The GSD insists that they have seen this in relation to the refusal by the Government to state who invited the Chief Minister and Dr Cortes together with their spouses to the Washington Presidential inauguration events, which reportedly cost up to US$100,000 and what (if any) arrangements the Government has in place with that person or company.  At the end of the day the Opposition is entitled to scrutinise any such arrangements including whether they provide the taxpayer with value for money or whether they are susceptible to scrutiny in other ways.  Most people in Gibraltar have been astonished that the Government has refused to answer what have been very simple questions from the Opposition.

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Mar 28 - Government Prepares Tender for Permanent Power Solution

governmentWith regards to the Government’s permanent solution to Gibraltar’s power supply demands, the Inter Ministerial Committee on Power Generation, which is chaired by the Chief Minister, has concluded its consideration of the options available to Gibraltar for a new power station.

The Committee has considered all fuel options for electricity generation and all possible locations. The Government has carried out studies on pollution and emissions from different fuel and engine types.

Tenders for the development of the new Power station are expected to finalised and issued within the next six to eight weeks.

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