Ceuta border fence Ceuta border fence The Ceuta border fence forms part of the Morocco–Spain border at Ceuta, a city on the North African coast. Constructed by Spain, its purpose is to prevent smuggling and to stop migrants from entering Europe. Morocco objected to the construction of the barrier since it does not recognize Spanish sovereignty in Ceuta. Ceuta is an integral part of Spain, and therefore of the European Union; its border and its equivalent in Melilla are the only two land borders between the European Union and an African country. The fence consists of parallel 6 metre (20-foot) fences topped with
Cherry Shares a "private investment pool", though it has also been described as being public. The Hong Kong Securities and Futures Commission issued an investor alert warning people about Cherry Shares. Cherry Shares Cherry Shares was a high-yield investment program which claimed to generate a profit for its investors by engaging in arbitrage trading. The site offered several investment programs with varying timelines and rates of return. It was run by Brooksell Universal Limited, which was created on August 25, 2008. Cherry Shares offered four different types of investment programs: a short-term, daily, medium-term, and long-term plan, all with high interest rates.