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Day: October 29, 2014

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Fort Lauderdale trial aims to topple top level of secret bank accounts

By John Pacenti, From Daily Business Review The Justice Department cracked open Switzerland’s centuries-old custom of banking secrecy when it forced UBS AG to disclose the names of secret U.S. account holders on top of fining it $780 million. But…

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Advantage Insurance acquires Southpac Life

GRAND CAYMAN, Cayman Islands, Oct. 28, 2014 (GLOBE NEWSWIRE) — Advantage Insurance Holdings Ltd. (“Advantage”), a leader in providing customized insurance solutions for businesses and individuals, announced today that it has completed the acquisition of Southpac Life Insurance Limited (“Southpac…

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Plan won’t save Great Barrier Reef: Australian scientists

From Business Insider Sydney (AFP) – Australian government plans to protect the Great Barrier Reef are inadequate, short-sighted and will not prevent its decline, the country’s pre-eminent grouping of natural scientists said Tuesday. The draft plan, released for consultation last…

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ACLU: Let wrongfully convicted man spend last days at home

By Stephanie Slifer CBS News NEW YORK – The clock is ticking for Max Soffar, a Texas man dying of liver cancer who is on death row for a crime he says he didn’t commit. “It’s your worst nightmare,” says…

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Antigua reach highest ever FIFA ranking as T&T, Haiti also soar

From Jamaica Observer Jamaica slip 13 places to 113th in the world ST JOHN’S, Antigua (CMC) – Antigua and Barbuda are celebrating their highest ever FIFA World ranking after they jumped this week to 70th in the world. The Benna…

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Concert & breakfast for Cayman Islands seniors

Older Person’s Month shone a spotlight on music and the spoken word this past weekend, as celebrations continued with a folksong concert and prayer breakfast. . Over 300 people turned out to the Harquail Theatre, on Friday, 24 October, for…

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‘Aunt Jemima’ heirs sue Pepsi, Quaker Oats for $2 billion in royalties

By Tom Huddleston, Jr. From Fortune The great-grandchildren of the woman who once served as Aunt Jemima filed a class action suit seeking royalty back payments. The great-grandchildren of Anna Short Harrington, the woman whose likeness was used for the…

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Caribbean dream is a true born survivor

By Richard Wright GARDENING I’m grateful to Don Prescott for highlighting a star of a plant, which does especially well down his southern Wight neck of the woods but will survive almost anywhere. It is one of the vast agave…

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Overlooked among 50 million displaced worldwide, women and girls lose out

By Andrea Ó Súilleabháin From IPI Mass displacement has become a significant feature of recent conflicts, as the number of people forced to flee their homes has passed 50 million worldwide, a level not seen since World War II. This…

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New commodity ETF reveals tax loophole

By Shelley Goldberg, Commodity Strategist From Wall Street Daily Exchange-traded funds (ETFs) are still hot investments. It seems a new ETF pops up almost daily. The total number of ETFs offered by the end of 2013 reached 1,294 and represented…