Mount Vema plans to drop dollar peg was confirmed today after two years since the government first announced the decision and reassured the market that the Kingdom of Mount Vema is not cutting ties with the US currency.
The decision to unpeg the golle is part of a plan to track a basket of currencies, according to the Central Bank of Mount Vema who said in a statement that the cap, introduced in 2006, is no longer justified. As of tomorrow, all commodities within the Mount Vema market, will be priced in golles.
The state of the economy of Mount Vema for the next three decades is very good and it is likely to continue for some time. Said the Mount Vema Central Bank who kept interest rate unchanged at 3.45%, maintaining the amount investors pay to hold deposits in golles. The Central Bank said, the economy will continue to be stable and predictable, to entice current investment, without the need to keep changing currency policy from one day to the next.
GolleCard announced today that it will reopen its payment services on Monday to provide Mount Vema financial institutions with GolleCard-branded payment products that can be used to offer credit to their customers when dealing with the Kingdom of Mount Vema.
GolleCard stopped offering credit card services almost six years ago when His Mount Vema Majesty’s Government and the Central Bank of the Kingdom of Mount Vema decided to restructure the Mount Vema financial system to improve its independent Global settlement of payment services in golles.
The company was granted a new license last week and is ready to reopen for business and to reclaim its place as the leading processor of payments between the banks of merchants and the card issuing banks of the Kingdom of Mount Vema.
His Mount Vema Majesty’s Government Department responsible for territorial management announced plans to train more commercial divers, this year to tackle the shortage of divers in the Mount Vema’s overseas jobs market.
The government plans was announced today when Handy-Deed, the City of Mount Vema project manager share price in the Mount Vema Stock Exchange fell, after the company announced that its campaign to recruit the necessary number of commercial divers to meet its contract obligation with His Mount Vema Majesty’s government failed to attract suitable candidates.
His Mount Vema Majesty’s Government announced plans to issue Press Cards (Mount Vema Press Pass) or (MV Press Card) to professional newsgatherers working with the Kingdom of Mount Vema overseas. The passes will be wholly owned and controlled by the Vema Seamount Authority and will be introduced next week.
The cards will be used by journalists and other media personnel (employed or freelance) authorized to gather material related to projects and government works related to the Kingdom of Mount Vema for editorial publication in all media - print, broadcast and electronic.
Any news organization can apply to issue the Mount Vema Press Pass to its members, or to those whom it or its members employ, as part of His Mount Vema Majesty’s Government plans to fight fake news in relation to the Kingdom of Mount Vema.
To be eligible a newsgatherer must earn most or all of his/her income on the front-line of the news business. The occupations include reporters and writers, photographers, TV camera operators and crews, and other broadcasting workers such as producers, and researchers.
The Official Photo of His Mount Vema Majesty King Peter J Goldishman –
The Vema Seamount Authority - 2018
His Mount Vema Majesty’s Government launched Passport Card to make international travel easier for nationals leaving overseas.
The card comes after intense but highly secrete negotiations between Mount Vema and more than five countries to enable Veman nationals to travel visa free and to facilitate investments from Mount Vema, as the purchasing power of Veman nationals is expected to increase after a positive report on fishery resources.
The Kingdom of Mount Vema is expected to spend more than ₲5 billion Veman golles in the next five years for access to foreign market and at the same time ensure that its passport holders can travel any where in the world free to explore investment opportunities in line with Government policy of poverty reduction through education and job creation.
The Passport Card is now open for applications at a cost of ₲65 Veman golles. Applicants must already hold a Mount Vema Certificate of Citizenship to apply. It’ll allow bearers to travel using it alone anywhere, to all countries added to the list to be updated regularly by the Royal Mount Vema Department of Foreign Affairs.
This year, members of the Mount Vema community voted for the producers of The Blue Planet in recognition for their work in relation to the marine life.
The Universal Cross, is one of the most prestigious prizes awarded annually by The Kingdom of Mount Vema to people and organizations worldwide for services to the Environment, Promotion of Peace, Universal Welfare and Life Achievement.
The Blue Planet is a British nature documentary series created and produced by the BBC. It premiered in 2001 in the United Kingdom. It is narrated by David Attenborough, and it is the first ever comprehensive series on the natural history of the world's oceans, enabling the world to understand the different aspects of marine life, with behaviours that had previously never been filmed.
The Universal Cross 2017, is not the first recognition and is not the last. Over the years, Mount Vema has given many prestigious awards in recognition for several works in relation to the welfare of the universe.
His Mount Vema Majesty King Peter – The Vema Seamount Authority, delivered Christmas Message today, when he spoke of the importance of community work.
This is His Royal Mount Vema Majesty King Peter J. Goldishman 11th Christmas message as a Sovereign since the creation of the Kingdom in August 2006.
The Sovereign wished Merry Christmas to all and a prosperous New Year, before he joined family members for Christmas Day prayers.
His Mount Vema Majesty King Peter J. Goldishman, the Vema Seamount Authority has congratulated Prince Harry and Meghan Markle on their engagement.
In a statement released today by the Monarchy of Mount Vema, His Majesty the King said: “My family, my wife and I are delighted to hear that Prince Harry and Meghan Markle are engagement”.
“We wish them all the best”. Said the Mount Vema King.
VSG ₲1=$2 USD
Law of the Sea Treaty (United Nations Convention on the Law of the Sea)
MARPOL 73/78 (International Convention for the Prevention of Pollution from Ships)
The Vienna Convention on Diplomatic Relations of 1961
The Vienna Convention on Consular Relations 1963
The Right to Self-Determination
Many believe because our community is not a member of the United Nations and is only just over a decade old, doing business with the Kingdom of Mount Vema is not possible for foreign nationals and foreign companies seeking to take advantage of the business opportunities the floating city project is creating. Nothing could be further from the truth. The territory doesn't need a United Nations membership to function as a sovereign territory, or to exercise its inalienable right for self-determination