British Overseas Territories

Cyprus and Britain are very close to a Brexit agreement on the status of the British bases on the eastern Mediterranean island after Britain leaves the European Union, Foreign Minister Nicos Christodoulides said on Tuesday.

He told state television in an interview that the negotiations have reached the "final straight," meaning they are close to the end.

Britain's Queen Elizabeth II has invested millions in offshore accounts, according to the BBC.

The British media refers to reports as Paradise Papers released by the ICIJ based in Washington. During the period 2004-2005, money was invested in funds registered in the Cayman and Bermuda islands.

Brexit looks set to unleash a new scenario in the Falkland Islands, the remote archipelago in the South Atlantic Ocean currently held by Britain that Argentina claims under the name “Malvinas.”

Falkland Islanders did not support Britain’s exit from the European Union in last June’s referendum, but they must face its consequences.

Adamstown is the only settlement of Pitcairn Islands and, therefore, it is the capital of the island cluster, holding the record of being the smallest capital of the world.

The settlement is located on the central-north side of the island of Pitcairn, facing the Pacific Ocean and close to the Bounty Bay, the only seaport of the island.