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Month: October 2012

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Wednesday’s winners are the boat operators

Hon. Chief Justice of the Cayman Islands, Anthony Smellie, ruled on Wednesday (17), that the injunction against Michael Ryan’s Dragon Bay Development Ltd. and the Port Authority should be extended until a possible trial. The temporary injunction was granted to…

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Cayman National Sprint Meet:

“Swimmers make a splash in the pool, Fraser Brothers make a splash on deck.” Stingray Swim Club, Grand Cayman, 13 October 2012: The Cayman National Sprint Meet, hosted by the Stingray Swim Club (SSC) of Grand Cayman at the Lions…

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Cayman’s blue iguanas moves to “endangered” from “critically endangered”

In the updated International Union for Conservation of Nature (IUCN) Red List of Threatened Species, Cayman Islands blue iguanas have taken a step back from the brink of extinction through the efforts of Fred Burton and his team of hard…

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CIMA to Host Risk Management and Internal Controls Seminar

The Cayman Islands Monetary Authority (CIMA) will be hosting an upcoming seminar on Risk Management and Internal Controls. The event, which is scheduled for 29 October to 2 November at the Grand Cayman Marriott Beach Resort, is sponsored by the…

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Ex-Credit Suisse Banker Bagios Barred From Leaving U.S.

From Bloomberg Christos Bagios, the former banker at UBS AG and Credit Suisse Group AG (CSGN) who was arrested in January 2011 amid a crackdown on offshore tax evasion, may not leave Florida to visit Switzerland and Greece, a U.S….

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7 Cases of Dengue Fever reported in Cayman Islands

As a regional outbreak persists, Medical Officer of Health, Dr.Kiran Kumar has confirmed seven cases of dengue fever. Of the seven cases, three have reported a travel history to endemic countries and four have no travel history, suggesting the dengue…

UPDATE: AG’s failure to act results in loss of mangroves

UPDATED: 11AM 18 Oct. We have just been informed that an injunction was issued by the Grand Court last night (17) and served this morning just after 9am. Work stopped at the site around 10:30am. There will be a legal hearing…

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The Singing Christmas Tree will sing out again even in face of a loss

Although the Singing Christmas Tree held last year made a whopping $18,000 loss, despite over 5,000 persons attending the spectacular, it will be returning again for this year’s Christmas celebrations at the First Assembly of God. First Assembly of God…

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Gushan Environmental Energy Limited Announces Completion of Going Private Transaction

Eddie Staley, Benzinga Staff Writer Gushan Environmental Energy Limited (NYSE: GU [FREE Stock Trend Analysis]), a manufacturer of copper products and a producer of biodiesel in China, announced today the completion of the merger contemplated by the previously announced agreement…

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Hurricane Rafael now an extratropical cyclone… …No more advisories…

Rafael clears Bermuda After soaking Bermuda on Tuesday (16), Rafael is headed off into the Atlantic. The ninth hurricane of the 2012 Atlantic Season will continue its trek off to the north and east today, steering it away from any…