Air Vanuatu administrators say the airline was “clearly not in a position to meet its financial commitments” well before it collapsed earlier this month, and is more than $99 million (US$66 million) short of being able to pay back its customers, staff and lenders in full.
'Shine A Light': Infrastructure Under Scrutiny fijisun.com.fj - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijisun.com.fj Daily Mail and Mail on Sunday newspapers.
US, China Fight for One Pacific Nation Mirrors a Regional Battle bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) As leaders from across the Pacific, and special envoys from the US and China, descended on the Cook Islands in November for the region’s largest annual forum, they couldn’t have failed to notice the main island’s sports arena, or the capital city’s police station, or its Department of Justice.Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixFord Cuts Workforce Making Electric F-150s on Weak DemandPutin Orders Hunt for Property of Russi
Where the buck stops: aid in Fiji pina.com.fj - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pina.com.fj Daily Mail and Mail on Sunday newspapers.