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Month: October 2012

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The Editor Speaks: Settlement at Clifton Hunter High School … but more to come

Following a Caymanian Compass open record request it has been revealed the Cayman Islands Government spent $1.3 million to find out it owed another $3.5 million to its former high schools construction project subcontractor, Caribbean Mechanical (High Schools) Ltd. 2008!…

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Kings of Convenience song – “Cayman Islands”

Through the alleyways To cool off in the shadows Then into the street Following the water There’s a bearded man Paddling in his canoe Looks as if he has Come all the way from the Cayman Islands These canals, it…

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Merkel pledges support for Greece in Athens visit

German Chancellor Angela Merkel has pledged her country’s continuing support to Greece. During her first visit there since the Eurozone crisis erupted nearly three years ago, she said it had made good progress with its vast debt but that it…

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UCCI’s Fall 2012 Honours Convocation on Sat Oct 13

The University College of the Cayman Islands (UCCI) will be holding their Fall 2012 Honours Convocation on campus at the Sir Vassel Johnson hall on Sat. Oct 13 at 6:30pm. The Convocation recognises and celebrates the achievements of some 140…

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Labour: NZ the Cayman Islands of the South Pacific

By: Newstalk ZB Staff Labour claims New Zealand is becoming the Cayman Islands of the South Pacific. This following a TV segment last night showing the number of tax free foreign trusts based here for overseas billionaires has almost doubled…

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Fitch downgrades Corsair (Cayman Islands) No.4 Series 6’s Notes; Withdraws rating

(The following was released by the rating agency) HONG KONG/SINGAPORE, October 09 (Fitch) Fitch Ratings has downgraded and simultaneously withdrawn the rating on the notes of Corsair (Cayman Islands) No.4 Limited Series 6 due to tranche default. The transaction is…