Vanuatu's Reserve Bank has revoked the international banking license of Pacific Private Bank (PPB) after an OCCRP investigation exposed its alleged role in a crypto scandal. The bank was reportedly used by founders of Lithuanian firm Bankera to channel millions from an ICO into private accounts and luxury properties.
A 5.7 magnitude earthquake struck the Vanuatu Islands on Wednesday, October 8, 2025, at 09:36 AM local time. The tremor, with an epicenter off Pentecost Island and a depth of 35 km, was widely felt but caused no reported casualties or significant damage, and no tsunami warning was issued.
Vanuatu is set to finalize a new policing agreement with China, following a significant donation of equipment and high-level meetings. This development occurs as a proposed security deal with Australia remains unsigned, reflecting Vanuatu's commitment to sovereign partnerships and addressing diverse security needs, including climate change.
