A tropical island nation is promising to save thousands of turtles and dolphins in exchange for $21 million off its … – Business Insider

The Seychelles is building two gigantic marine conservation areas to help save turtles, dolphins, and other sea animals. It has done so in exchange for a large chunk of its national debt being paid off. The deal is the first debt swap agreement of its kind. The Seychelles is stepping up its efforts to protect…

Bedfordshire Police officers seeking help for debt rises – BBC News

Image copyright South Beds News Agency Image caption Bedfordshire Police detective Gareth Suffling was jailed for three years for blackmailing a prostitute’s customer The Police Federation has seen an increase in officers seeking help with debt after a documentary showed a detective being arrested for blackmail. Bedfordshire officer Gareth Suffling, 36, was jailed for three…

Seychelles for sale: Island nation sets up two protected marine zones in exchange for international debt relief – Telegraph.co.uk

It sounds like a far-fetched concept from a movie – an ecological project which sees a remote country trade some of its unspoiled “terrain” for a financial aid package that is backed by four of the planet’s most significant economies and a world-famous film star. But the plan which is currently taking shape in the…

Seychelles preserves swathes of marine territory in debt-for-nature deal – Reuters

VICTORIA (Reuters) – The island nation of Seychelles designated some of its fragile coastal areas for protection from commercial fishing, oil exploration and development this week in return for a novel deal relieving it of part of its sovereign debt. The Indian Ocean island, rich in underwater reefs and postcard-perfect beaches, defaulted on its debt…