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Month: April 2015

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The Editor speaks: Minimum wage well supported but at what cost?

I have to commend highly the Minimum Wage Advisory Committee (MWAC) who, headed by chair Lemuel Hurlston, produced a most detailed report and one of the best I have read. Although the report is over 200 pages long it is…

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Cayman Islands welcomes home 15 swimming medals but one lonely T&F medal The Cayman Islands 21 swimming team arrived back at Owen Roberts International Airport last Thursday evening to a warm welcome and many cheers from parents and supporters. Also…

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Cayman Islands SEZ City to reach out to biotech companies

Cayman Enterprise City to Partner with US Firm to Reach Out to Biotech Companies at Boston Conference Partnership exemplifies outreach programme initiated to market Cayman’s Special Economic Zone to the world Grand Cayman, Cayman Islands 10th April 2015 – Cayman…

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Cayman Islands reef gets more damage from anchor loaned to recovery effort

On a recent dive trip a large ship’s anchor weighing 300 pounds was discovered embedded on a coral reef at Eden Rock, George Town, Grand Cayman. Speaking to local television station CITN/Cayman27 last week Andy Barnes, Dive Boat Coxswain and…

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Cayman Finance promotes importance of National Risk Assessment Surveys

Cayman Finance recently hosted a free informational seminar to the public regarding the Cayman Islands Government’s Money Laundering/Terrorist Financing National Risk Assessment Surveys that are currently underway. Mr Jude Scott, Cayman Finance Chief Executive Officer, said that facilitating events such…

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Rockets launching in 4K is out-of-this-world amazing

By Laura Vitto From Mashable The next best thing to seeing a rocket launch in real life has to be watching it in 4K on YouTube, right? Elon Musk’s SpaceX released gorgeous Ultra HD 4K footage of rockets launching on…

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Bank sale! Is Cayman Islands RBC to be sold to NCB?

From IC Insider Will NCB pick up RBC Cayman? Hot on the heels of an agreement to sell RBC Royal Bank (Suriname) N.V. (“RBC Suriname”), to Republic Bank in Trinidad, word reaching IC Insider is that Royal Bank’s operations in…

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What do experts say about hurricane season 2015?

Colorado State University is predicting that 2015 will be one of the least active in decades, with seven named storms, three hurricanes, and one major hurricane of Category 3 or higher. Tropical Storm Risk from the University College London is…

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Cayman Islands says goodbye to two long serving civil servants

GAB frontline faces retire The welcoming faces and voices of civil service front-line staff will soon be reduced by two. Government Administration Building Receptionist Mrs. Hope Stephenson is spending her last day at work on Friday, 10 April 2015. Meanwhile,…

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Justice of the UK Supreme Court visits Cayman Islands

Visit to Cayman Islands of Lord Jonathan Mance, Justice of the UK Supreme Court Lord Jonathan Mance, a Justice of the United Kingdom’s most senior court, the Supreme Court, and a member of the Judicial Committee of the Privy Council,…