Cayman Islands Crime Stoppers announces reward for info Cayman Brac robbery
Cayman Crime Stoppers has launched an official appeal for information concerning damage to and thefts from the residence of Frank and Kathleen O’Brien at 12 Southside Road, Cayman Brac. The exact date of the burglary is not known, but it…
PKR demands full details of 1MDB’s Cayman Islands funds
From The Malaysian 1Malaysia Development Berhad (1MDB) should disclose and publish a full account of its billion ringgit funds parked in the Cayman Islands, PKR said today. Its Kelana Jaya MP, Wong Chen, in a statement today said the strategic…
Worst ‘coral bleaching’ in nearly 20 years may be underway, scientists warn
By Andrew Freedman From Mashable In 1998, one of the most powerful El Niño events on record sent Pacific Ocean temperatures soaring to such heights that almost 20% of the world’s coral reefs experienced significant bleaching. Some of the reefs…
Fifa and Sepp Blatter in secret talks about president’s future [Cayman Islands Jeff Webb mentioned as possible successor)
By Richard Conway From BBC Secret talks between Fifa officials and Sepp Blatter have taken place over his future as the president of football’s world governing body, BBC Sport has learned. The discussions, involving representatives from a number of football…
Virgin Islands tourism community looks to opening of Cuba
By Aldeth Lewin From Virgin Islands Daily News ST. THOMAS – As the news about Cuba broke last week, the territory’s tourism industry had mixed reactions. On one hand, the added competition in the region could reduce travel to the…
Private equity makes big move into the Caribbean resorts market
By David Eisen From Hotel Management Looks like private equity has a taste for Caribbean—and this was even before news of reconciliation between the U.S. and Cuba. As Bloomberg reports, private equity companies from Bain Capital Partners to Sam Zell’s…
Cayman Islands Tortuga Rum Cakes sell like hot cakes on HSN
Grand Cayman – Just in time for the holidays, Tortuga Rum Cakes was featured on entertainment lifestyle retailer HSN during two live shows that aired on Friday, December 19th. During the “Last Minute Food Gifts” segment with HSN host, Bill…
RBC agrees $35m fine over scheme involving Bahamas & Cayman Islands
By Neil Hartnell Tribune Business Editor From Tribube 242 Royal Bank of Canada (RBC) has agreed to pay a $35 million civil fine to US regulators over a “massive wash trading scheme” that involved its Bahamas branch. A December 18,…
The Big Picture: Catching an intense solar flare in action
From engadget The X1.8 solar flare in ultraviolet light It’s no longer rare to hear reports of solar flares that could affect Earth, but seeing them in vivid detail? That’s another matter. Thankfully, NASA’s Solar Dynamics Observatory recently captured a…
The Supreme Court’s Christmas Party that wasn’t
By Marcia Coyle, From Supreme Court Brief The week of Christmas 1947: Outside, the record shows, the air was a bracing 38 degrees. Inside the conference room of the U.S. Supreme Court, the temperature was rising. Seven of the nine…