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Falling oil prices, PetroCaribe and the Caribbean
By David Jessop, From Dominican Today On the face of it, the collapse in global oil prices would seem to be good news for the Caribbean. However, nothing could be further from the truth. Instead the rapid downward price movement…
Cayman Islands Tourism leads delegation to New York to showcase destination
The Cayman Islands Department of Tourism visits New York for business meetings and showcase the destination amongst top-tier journalists Grand Cayman, Cayman Islands, October 31, 2014 – This week, representatives from the Cayman Islands Department of Tourism visited New York…
Cayman signs tax information pact/Time to deal with the epidemic of violence in Latin America and the Caribbean
Cayman signs tax information pact From IFC Review The Cayman Islands signed an agreement for the automatic exchange of information among tax authorities in Berlin, Germany, on Wednesday, reports the Cayman Compass. The Multilateral Competent Authority Agreement, which was concluded…
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CIFA League fixtures and updates
From Cayman Islands Football Association (CIFA) Updates, fixtures, tables and results from Cayman Islands local football Please click on small attachments to enlarge
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Not only cricket but West Indian self-worth at stake
By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Friday October 31, 2014 – In a letter to the President of the West Indies Cricket Board of Control (WICB), Whycliffe ‘Dave’ Cameron, the Prime Minister of St Vincent and the Grenadines…
KeyTech [who own WestStar TV in Cayman Islands] profits fall 30% on growth expenses
By Jonathan Kent From Royal Gazette Published Oct 31, 2014 Telecommunications from the KeyTech Group reported that earnings fell more than 30 percent in its last fiscal year as expenses related to acquisitions took their toll. KeyTech, which owns Logic…
MORGAN STANLEY: This chart shows why fat profit margins aren’t doomed to collapse
By Sam Ro From Business Insider Almost every corporate profit margin chart you’ll see since the financial crisis will share one characteristic: they go up. Ever since the financial crisis, corporations have managed to deliver robust profit growth by offsetting…
Decades-old Soviet engines powered the US rocket that exploded/Horrifying ‘fish drags kitten into pond’ video has surprise ending
Decades-old Soviet engines powered the US rocket that exploded From Business Insider Washington (AFP) – The Orbital Sciences rocket that exploded after launch was powered by a pair of rocket engines that were made during the Soviet era and refurbished,…
Switzerland’s shame: The children used as cheap farm labour
Thousands of people in Switzerland who were forced into child labour are demanding compensation for their stolen childhoods. Since the 1850s hundreds of thousands of Swiss children were taken from their parents and sent to farms to work – a…
Arbitration claims filed by 140 Puerto Rico investors against Swiss bank
From Caribbean News Now PENSACOLA, USA — Securities lawyers have filed 140 arbitration claims on behalf of Puerto Rico investors against UBS, Switzerland’s largest bank. The complaints allege that UBS provided unsuitable investment recommendations to investors and recommended concentrated investments…
