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The Discovery of Pirate Shipwrecks An international team co-directed by a British marine archaeologist has discovered the first shipwrecks linked to the real pirates of the Caribbean in the Bahamas. The wrecks, dating back to the 'golden age of piracy', provide evidence of the infamous pirates who used Nassau as their hideout. Uncovering the Golden Age of Piracy Blackbeard and Calico Jack Rackham were among the pirates who, between the 1690s and 1720s, turned Nassau on the island of New Providence into a hideout. The team found six wrecks, three of which can be traced to this period, following the first-ever official permission to dive in the closed zone of Nassau harbour. The Pirate Artifacts The archaeologists discovered a charred wooden hull, still weighed down by a stone ballast pile. They also found swivel guns, pivot-mounted cannon, an iron cannon, and a pile of 25 lead musket balls. These finds are significant as they provide insight into the tactics and tools used by pirates during this era. The Significance of the Discovery The discoveries are exciting because, while a handful of pirate wrecks have been found between Mauritius and North Carolina, not one had previously been discovered in Nassau, 'the home port of the pirates of the Caribbean in the Bahamas'. The team also discovered rigging, glass bottles, and bricks from a ship's cooking galley, along with 143 clay tobacco pipes. The Future of Pirate Archaeology Dr. Sean Kingsley, a British marine archaeologist and the project's co-director, said: 'These finds are the tip of the iceberg. I was shocked at the unexpected survival of a wooden hull – ships were the key tool of pirate terror, after all. There could very well be dozens more shipwrecks in and around the harbour.'

Essar Energy moved VTB‑originated loans worth billions of dollars from a Cyprus entity to a Mauritius subsidiary, arguing that UK sanctions did not apply. The restructuring, uncovered by investigative analysis, raises questions about potential sanctions evasion and has drawn calls for a UK inquiry. The Offshore Loan Transfer That Bypassed Sanctions Essar shifted loans provided by the Kremlin‑controlled lender VTB from Cyprus to a subsidiary in Mauritius, a tax haven outside EU sanction regimes. The transfer was approved by Cypriot authorities and signed by two subsidiaries of Essar’s UK arm, Essar Energy Limited, acting as "obligors' agents". Essar maintains that UK sanctions law did not apply and that it followed legal advice from a leading law firm. Financial Scale of the VTB Loans and Their Enhancement Initial borrowing from VTB in 2014 was $1 bn (£740 bn); by 2020 debt had risen to €2.35 bn (£2 bn). After the Mauritius move, forensic accountants identified an additional exposure of at least $1 bn in new rouble‑denominated borrowing. In the year following the transfer, the Cyprus entity paid $39 m to the Mauritius company, leaving a half‑billion‑dollar balance as of March 2024. Regulatory and Reputational Fallout for UK Energy Assets UK MPs, including Liam Byrne, have urged the Office for Financial Sanctions Implementation (OFSI) to investigate the deal as a possible sanctions‑circumvention scheme. Sanctions experts such as Michael Ruck (K&L Gates) describe the restructuring as "unusual" and flag potential liability for Essar Energy Limited. The Stanlow refinery, which fuels one in six British vehicles, could face heightened scrutiny that may affect its operating licence and investor confidence. What Regulators and Parliament May Do Next UK authorities are expected to launch a formal review of the loan transfer, potentially requiring Essar to unwind the arrangement or face penalties. The Business Select Committee may hold hearings to assess the effectiveness of current sanctions regimes and recommend tighter oversight of offshore loan structures. Should regulators deem the move a breach, Essar could face fines, restrictions on future financing, and reputational damage that may impact its broader energy portfolio.

The British government announced that it is putting on hold a bill that would return the Chagos Islands to Mauritius, after President Donald Trump signaled a lack of US support for the arrangement.A UK spokesperson told Reuters and AFP that the deal would only move forward with American backing, stating, "We have always said we would only proceed with the deal if it has US support." The statement added that the islands, particularly Diego Garcia, remain a critical military asset for both nations.Last May, London and Port Louis unveiled a plan under which Britain would cede full sovereignty of the 60‑plus islands to Mauritius while retaining a 99‑year lease on Diego Garcia to preserve the US‑run base that anchors American power in the Indian Ocean.Trump dismissed the proposal in January as an "act of great stupidity," arguing that relinquishing the archipelago would undermine the strategic partnership. In response, the UK reiterated that the base’s long‑term security is the primary reason for the agreement and that it continues to engage with both Washington and Mauritius.At an Indian Ocean conference in Mauritius, Foreign Minister Dhananjay Ramful pledged that his government would "spare no effort" to pursue every diplomatic and legal avenue to complete the decolonisation of the Chagos archipelago, calling the issue a matter of justice.After an initial softening of tone following a February conversation with Prime Minister Keir Starmer, Trump later resumed his criticism on Truth Social, labeling the cession a "big mistake" and a "blight on our Great Ally." The dispute has unfolded against a backdrop of strained US‑UK relations over the ongoing US‑Israel conflict in Iran and the UK's leadership of a 30‑nation coalition protecting shipping in the Strait of Hormuz without US participation.Former senior civil servant Simon McDonald told BBC Radio that Trump’s hostility has forced the agreement into a "deep freeze," noting that when the US president is openly opposed, the British government must reassess its position.Britain has administered the Chagos Islands since 1814, even after Mauritius gained independence in the 1960s. The Diego Garcia base has been pivotal in US operations in Vietnam, Iraq and Afghanistan. The displaced Chagossian community continues to seek compensation, and a 2019 International Court of Justice advisory opinion recommended that the archipelago be returned to Mauritius.

Labour has challenged Nigel Farage over the cost of his private jet trip to the Maldives, questioning his claim that it cost as little as £25,000. Farage, the leader of Reform UK, initially recorded the two-day trip as costing £12,500, funded by Thailand-based Reform megadonor Christopher Harborne, before later upgrading the cost to £25,000. The Labour Party's chair, Anna Turley, wrote to Farage arguing that chartering a private jet of a similar size would cost many times more than the sum declared. According to publicly available flight logs, the 11,000-mile round trip lasted just over 23 hours, using a model of plane that is currently advertised on multiple private jet websites as costing at least $11,500 (£8,500) per hour to charter. Turley highlighted that the plane's ownership is linked to Harborne, who has given the party more than £12m. She asked Farage to clarify how he valued the cost of the flight, which did not end in him reaching the Chagos Islands, as he did not have permission. Farage has described the visit as a "humanitarian mission", saying he undertook the trip to highlight the plight of the Chagossians, whose families were removed from the islands in the 1960s and are seeking to return. The trip has sparked controversy over the valuation of the private jet donation and Farage's attempts to reach the Chagos Islands, which are subject to a UK government decision to hand sovereignty to Mauritius.