Moose 🇵🇸

| Digital Creator | Traveler | Gamer | Hotel/Resort Industrialist | Event Designer | Food Enthusiast |

[BS @BSun8n]

BML has reduced dollar support for business TTs to 5%.

What that means: a business trying to import MVR 5,000 worth of goods can only get USD 250 through the official bank channel. The other 95% has to come from the black market, which trades around MVR 18.50 per dollar against the official rate of MVR 15.42. The premium is about 20%, and it is now locked into the price of every imported good on every shelf.

The IMF has said for months that tourism is the “key supplier and driver” of the dollar black market. A stable premium indicates an oligopoly where a few large suppliers of foreign exchange adjust supply to the parallel market. This is not a mystery. It is a structural problem that successive governments have failed to fix and the current one has made worse by layering conversion obligations on top of an already starved banking system.

The MMA requires banks to sell 90% of tourism-sector dollar receipts to the central bank, up from 60%. Resorts that used to pay staff in USD now pay in rufiyaa. Service charge pools that used to be dollar-denominated are being rufiyaa-converted. Universal Resorts informed staff last week that monthly service charge payment would shift to rufiyaa starting next month. Internal memo: “We now have no other option than to implement this change if we are to keep our resorts operating smoothly.”

So the squeeze is happening at every level at once. Resort workers losing USD purchasing power. Importers paying black market rates that get passed to retail. Students abroad unable to access their stipends. Medical travellers unable to get TT authorization. Small business owners borrowing from black market brokers to keep supply lines open.

And this is the week the government announces it wants to reopen conversations with India about rolling over the USD 400 million currency swap line for a third time. India has been cautious because Muizzu has not delivered on structural reforms. Two six-month rollovers already granted. A long-term extension still not approved.

The Maldives imports over 90% of its food. The Maldives imports 100% of its fuel. The Maldives imports essentially all of its building materials. None of this is priced in rufiyaa. All of it is priced in dollars. When the dollar channel narrows to 5%, every single price in the country goes up within weeks.

Fitch held Maldives at CC, junk category, last week. The rating agency’s assessment is that “a default event of some sort remains probable.”

The government has spent the last six weeks blaming the Middle East. The dollar crisis is not about Hormuz. It is about two and a half years of fiscal choices that produced 127% debt-to-GDP before the war started, and a deficit structure that requires constant external financing to paper over domestic shortfalls.

The dollar channel narrowing to 5% is not a technical adjustment. It is the sound of the system running out of room.

[Claude @claudeai]

Introducing Claude Design by Anthropic Labs: make prototypes, slides, and one-pagers by talking to Claude.

Powered by Claude Opus 4.7, our most capable vision model. Available in research preview on the Pro, Max, Team, and Enterprise plans, rolling out throughout the day.

[Apple Hub @theapplehub]

AirTag 1 vs AirTag 2

[Abdulla Shaheed @lonum1rus]

Built a local-first weather system for the Maldives.

Real-time weather, marine, fishing, and early agriculture insights, tuned for island conditions and Nakaiy periods.

Live (beta): https://t.co/MKCWv65zer

[Moose 🇵🇸 @mooosyy]

@lonum1rus Brimstone smoking too much. Haze just too much

[Sanju Choudhary @saaaanjjjuuu]

Someone wiped off the color of their 17 pro max just with the wet wipes.

The quality issues with iPhone’s this year are so horrible.

Credits : @Rui35052730

[Zav @NooraaneeFA]

It is unethical for businesses to mislead/lie to their customers for the sake of the president’s image.
Every single move by @MMuizzu is calculated to mislead the public.

[Sankew @Sankew06]

for the past 1 month, my iPhone 13 Pro has genuinely felt terrible to use, especially since iOS 26.1

-struggles to hold apps in Memory
-stutters or lags ever so often
-barely lasts 3 Hours on a single charge
-dims brightness even when it's not hot

note: it wasn't THIS BAD even during the iOS 26 Betas, it mostly started around the time the phone hit 79% Battery health

Performance was the one thing i RARELY had a problem with on this phone, but it has been the opposite case now

whatever happened to Apple's optimization on older iPhones, this is genuinely worse than my iPhone XR on iOS 18

[Moose 🇵🇸 @mooosyy]

@joker69gaming Wtf is the arrangement even 😭😭😂

[Hassan Kurusee @HKurusee]

What happened to Maldives Development Bank?

What happened to Maldives 2.0?

What happened to UK-Maldives Free Trade Agreement?

What happened to 8.8 billion USD crypto financial centre?

What happened to Maldives International Financial Services Authority?

@MMuizzu is a ZERO.

[Moose 🇵🇸 @mooosyy]

@4audy ‘Leave me alone’

[Moose 🇵🇸 @mooosyy]

@MvSpokesperson Damn so salty had to change the logo and remove the yellow color 😂😂

[Jvnior @Jvnior]

The entire Quran in one page, wow.

[Hassan Kurusee @HKurusee]

This is the agreement @sajidhaamohamed’s brother Salaf MP @ibrahimjanab signed on Majlis letterhead on behalf of Maldivian gov to launder 300 million USD and smuggle into Maldives.

@CIA @FinancialTimes

(Pages 1,2,3,4 of 10)

[👩🏻‍🎤🧸🌺 @SneakyCapz]

Maldivians love to complain but won’t lift a finger to build anything beyond tourism.
No one wants to farm, fish, craft, invent, or export .

just sit back, wait for tourists, or beg the government.
We’re not a poor country — we’re a lazy one with no vision.

[Moose 🇵🇸 @mooosyy]

Bro… this doesn’t even happen at America 😂😂

[Hassan Kurusee @HKurusee]

This is too much now.

@SajidhaMohamed has recently visited @cafeiermv in Hulhumale’. Guess what?

Security locked down the entire block and confiscated everyone’s phones, causing a lot of trouble for the chefs and waiters. The waitstaff were shocked, frustrated. They said they’d previously served sitting presidents like @ibusolih without ever facing such a hassle.

Sajidha isn’t a queen or anyone of that stature. She has absolutely no right to cause that level of disruption. Blocking off an entire block and confiscating people’s phones is completely over the top.

[Moose 🇵🇸 @mooosyy]

Midhen boduvaru dho. BML thinks Friday is not a working for day to toursim industry?

[Bank of Maldives @bankofmaldives]

The planned maintenance for Card Services, ATMs, POS machines, and Payment Gateway is taking longer than expected.

Our teams are working on resuming the services as soon as possible. Our sincere apologies for the inconvenience caused.

[Moose 🇵🇸 @mooosyy]

Just like Maldives Wave

[Hassan Kurusee @HKurusee]

Scamming out of control.

Velentiago’s owner Raadhif Rasheed was so lazy he forgot to change the model number from Alibaba.

He’s selling it as “local” brands, advertising as curated and handmade luxury sunglasses, selling for 2,300 MVR.

But it’s available on Alibaba for 12 USD.

[Moose 🇵🇸 @mooosyy]

@saradietschy 100% agree

[Hassan Kurusee @HKurusee]

‼️🚨Breaking News (read fully) 1/3 [REPOSTING]

Muizzu is giving 17 vacant land plots in Hulhumale Phase I, each valued at 12 million MVR for free (all pictures here and below, please count, there will be 17).

These 17 plots are from Veshi Fahi Male Scheme from Anni gov (the equivalent of Ibu's Binveriyaa Scheme) but remained unclaimed for 13 years. HDC requested ministry to confirm ownership details over the last few years, in different governments. But no names were provided cause the original allottees were either disqualified for failing to meet the scheme’s requirements or no longer interested to swap their Male lands or registry cancelled for other reasons in other governments. So the plots stayed vacant and unnoticed.

When Muizzu became Housing Minister in 2012, he came aware of these vacant plots. Now @FaZuLRaShYd, under direct instructions from Muizzu, formed a special team to document and inspect these plots. They completed their work a few months ago, identifying and photographing all 17 vacant plots. @MMuizzu wants to give these lands to the people in his "HEP List", making it look like they were applicants of Veshi Fahi Male Scheme from 13 years ago. But they are not. There is also no way to verify it any longer. The fire that destroyed both Housing and Infrastructure Ministry has erased all hard copy records related to these plots. The relevant section did scan all related copies in previous years, but it was kept in a separate server for that section. The fire totally destroyed it. With no surviving documentation, there is no way to trace the original intended owners. Basically the documentation for these land plots no longer exists. So, whatever the ministry says the owners are now the owners.

Fazul informed his special team that ministry will soon issue a new list of "rightful owners" for these 17 land plots and not to deal with ministry regarding these 17 plots via email or letters without consulting him and that he will be dealing directly with the minister for all matters related to this.

Fazul told his team that Housing Ministry will be sending a list of people (saying they are the rightful owners) and land to be given to them for free under that. Muizzu is putting people close him to the list and basically giving the land for free. It will look like they were part of the original Veshi Fahi Male' Scheme. But they are not. With no documents, this new document Housing ministry creates will become the only document.