August 06, 2020 – Mount Vema – Handy Deed the leading contractor and project management company of Mount Vema will be looking for deals with shipyards worldwide to build two hospital ships for the Mount Vema Red Cross this year. Sources told VSBCnews that the company is looking for shipyards in countries with free ports where ship building activities can easily flow to and from Mount Vema to the countries where the ships would be built. The ships will be among the largest in the fleets of vessels to be built by Mount Vema in the next five years, and one of the vessels will function as a floating hospital to be used in Mount Vema during and after construction, and the other will provide emergency medical treatment facilities to other nations in times of natural disasters.
August 05, 2020 – Mount Vema – His Mount Vema Majesty’s Government announced today that it intends to place initial orders for 5 Sikorsky S-76 helicopters by the end of this year. Two of the helicopters will be made available to the Mount Vema Coast Guard for search and rescue operations, one for official use, and two to be made available for hire by Mount Vema companies such as W-Southern to facilitate the transportation of visitors and people in between vessel or sites within the Vema Seamount Territorial waters. The government expects raise sufficient capital later this August when the new marketable securities MVG (Mount Vema Government) 10 year bonds and 5 year notes will be auctioned to foreign investors.
August 04, 2020 – Mount Vema – His Mount Vema Majesty’s Government announced today that it intends to purchase about 20 Remotely Operated Underwater Vehicles by the end of the year 2020 according to VSBCnews sources.
The ROVs will be purchased to be made available on the Mount Vema marketplace so companies and agencies can hire the drones for scientific explorations, underwater photography, hull & dock inspection, aquaculture inspection, underwater search and rescue, and general construction and maintenance of the Vema Seamount as well as the supervision of marine life and fisheries stocks.
The use of underwater drones in Mount Vema will be highly regulated. It is currently illegal, and it is likely to remain illegal for security reasons for anyone to use underwater drones in Mount Vema without a license. You could be fined up to 50,000 golles if you are caught using drones in Mount Vema without a license, and fines will be issued to illegal drone operators beyond the Vema Seamount Territorial waters.
July 31, 2020 – Mount Vema – Mount Vema marks the 14th birthday of the Kingdom of Mount Vema. This 1st of August 2020 the territory celebrates 14 years since the Vema Seamount territory was declared independent, on the First of August of Two Thousand and Six. The day Peter J. Goldishman declared Vema Seamount sovereign. The territory was never a nation or part of a nation, an empire or part of an empire, nor a trusteeship. 2006 does not represent "independence" in the strict sense, but rather a significant nationhood event which is the founding date of the nation. The significant establishment of statehood based on an ancient island (known today as Vema Seamount) which has eroded by millions of years of wave action.
July 30, 2020 – Mount Vema – His Mount Vema Majesty’s Government has introduced the old banking rule which states that Mount Vema banking facilities are for people with ties to Mount Vema only. For some time to open a Mount Vema Bank account was a straight forward process after the rules were relaxed to make it easier for people applying for Mount Vema citizenship to be able to build a history with the society before submitting their application, but this facility ended today. From now on banks such as the RBMV Bank are required to open bank accounts only to Mount Vema citizens, Mount Vema companies, city of Mount Vema project participants worldwide (people and companies providing goods and services to Mount Vema), their employees, as well as people and companies that can demonstrate that their application for a Mount Vema bank account is for the purpose of investments only.
July 29, 2020 – Mount Vema – The Port of Mount Vema Act became law of the Vema Seamount Territory today. The legislation has entered the Kingdom of Mount Vema statutory books as Port of Mount Vema (Vema Seamount) Act, Mount Vema 2020 to make provision in relation to the establishment of a port within the Vema Seamount Territorial waters for the purposes of customs and excise. The new legislation will now pave the way for what will be one of the most challenging building projects in the South Atlantic Ocean and at the same time the start of what aims to be one of the most environmentally friendly city-state projects in history.
July 28, 2020 – Mount Vema – The Government announced today that all services provided by Mount Vema institutions will be closed for business this weekend including next week Monday, August 3rd 2020 as Mount Vema celebrates on Saturday its 14th year as a sovereign territory.
The long weekend will bring much needed rest for many however, there is no automatic right to time off for some who, according to a statement issued by the government today do so much for so many and never ask or expect much in return. These are the few that the Mount Vema society will remember on this coming 1st of August 2020.
July 27, 2020 – Mount Vema – Friday 31st of July 2020 at 4pm Mount Vema time zone, will be the last day the Government will accept applications for Mount Vema citizenship under the relaxed rules introduced in June this year to make it easier for people who do not or will be very unlikely to ever meet the criteria to become a citizen of Mount Vema. This is the second time the rule has been relaxed after a number of people mostly living in some remote parts of the world complained that they were excluded because the application required payments to be made online by card and most of them had no access to a credit card. This have forced the government to reluctantly reconsider and the rule was finally reintroduced. But this week it ends and, going forward anyone who wishes to become a Citizen of Mount Vema will need to meet the statutory requirements.
July 22, 2020 – Mount Vema – The Port of Mount Vema Act will come into operation next week according to VSBCnews sources. The legislation will make provision in relation to the establishment of a port within the Vema Seamount Territorial waters for the purposes of customs and excise. The Government first planned to introduce the legislation for a provisional port but it has since decided to build on the same site first allocated for the Port of Mount Vema project so the word ‘provisional’ was then abandoned and the legislation will now enter the statutory books as The Port of Mount Vema (Vema Seamount) Act 2020.
July 21, 2020 – Mount Vema – A Mount Vema Bank account was a straight forward process after the rules were relaxed to make it easier for people applying for Mount Vema citizenship to be able to build a history with the society before applying for citizenship, but this is about to come to an end when the Government will re-introduce the old rule that will force Mount Vema banks to provide banking facilities to people with ties to Mount Vema only.
The official announcement which will be made next week will see banks like the RBMV Bank opening bank accounts only to Mount Vema citizens, Mount Vema companies, city of Mount Vema project participants worldwide (people and companies providing goods and services to Mount Vema), their employees, as well as people and companies opening bank accounts for the purpose of investments only.