Government Statement on The Companies (Amendment) Bill, 2012
Further to our Editorial today (7) and our Exclusive Front Page story on Thu (6) re An amendment to Section 59(1) of the Cayman Islands Companies Law requires “all Cayman companies to keep AT THEIR REGISTERED OFFICE proper books and records…
ECB’s Mario Draghi unveils bond-buying euro debt plan
Mario Draghi, president of the European Central Bank, has unveiled details of a new bond-buying plan aimed at easing the eurozone’s debt crisis. He said the scheme would provide a “fully effective backstop” and that the euro was “irreversible”. The…
Usain Bolt may play for Manchester United in charity game
Manchester United manager Sir Alex Ferguson says sprint legend Usain Bolt could play for the club in a charity match next year. Six-time Olympic champion Bolt, 26, has joked he wants a trial at the club. “It’s interesting he says…
France shootings: Three victims shot in head
Three of the four victims of a shooting in the French Alps were shot in the head, a French prosecutor has said. A man, named by UK neighbours as Saad al-Hilli, 50, from Surrey, and an elderly woman were found…
Better Off Than Four Years Ago? I’d Say
A Commentary By Froma Harrop* Thursday, September 06, 2012 Are you better off today than you were four years ago? Ronald Reagan’s 1980 campaign zinger is back in 2012. Let’s see. Four years ago … four years ago. That was…
Embattled Cayman Islands’ Fletcher Fund Gets Bankruptcy Trustee
A federal bankruptcy judge has appointed a trustee to oversee a bankrupt Fletcher Asset Management hedge fund, a victory for three Louisiana public pension funds that invested $100 million in the vehicle. U.S. Bankruptcy Judge Robert Gerber said a federal…
Ontario private eyes nabbed in Turks
Kevin Donovan Two Canadian private eyes accused of defrauding divorce and business clients have been nabbed by police in the Caribbean where they have been island hopping for three years. Cullen Johnson is a former aide to a Toronto police…
Superfood: Eat Your Avocado!
Becky Striepe* Guacamole lovers, rejoice! It turns out that not only is avocado super delicious, but you can enjoy your avocado without the guilt thanks to its mix of healthy fats, vitamins, and minerals. You probably already knew that avocado…
PNP politicians try to shift blame for health care contract
With a poor standard of health care costing residents on the Turks and Caicos Islands (TCI) an exorbitant amount of money, the Progressive National Party (PNP) – the ruling party immediately prior to the imposition of direct rule by Britain…
Foreign Lobbying In The U.S.: When the Cayman Islands wants to remain a tax haven
Domestic interest groups aren’t the only ones working the halls of Congress. For decades, foreign governments have paid a pretty penny to hire U.S. firms to get their interests on the U.S. agenda. When the Cayman Islands wants to remain…
