Cayman Islands, economic powerhouse – Bank of America alone has 143 subsidiaries there
By The Tax Justice Blog From The Raucous Rooster According to Institute on Taxation and Economic Policy Executive Director Matt Gardner, “On paper, at least, the Cayman Islands is an economic powerhouse. The latest data from the Internal Revenue Service…
Cayman Islands Minister says Chamber have not kept their promises
Ministry of Employment Responds to Chamber on Allegations of Lack of Engagement and Subsequent Commitment to a Renewed Partnership with the Government Following a number of statements reportedly made by Chamber of Commerce’s Immediate Past President Barry Bodden at the…
Save individuals, not ‘living dead’ cos: Rajan
From The Times of India MUMBAI: RBI governor Raghuram Rajan has made a strong pitch for allowing inefficient organizations to die even as he called for a safety net for individuals. Rajan’s statement assumes significance in the backdrop of the…
Artist reimagines Disney Princesses
Artist reimagines Disney Princesses as Tim Burton characters By Heather Dockray From Mashable Sleeping Beauty has never looked so … dead. Los Angeles artist Andrew Tarusov has always been a fan of Disney movies and Tim Burton creations. And while…
Dominican Republic’s absurd laws shatter star boxer’s promising career
By Josefina Salomón News writer at Amnesty International From Caribbean News Now SANTO DOMINGO, Dominican Republic — When Adonis Peguero Louis won the pre-selection test to join the Dominican Republic’s national boxing team, the young man’s future played before him. As…
Irish developer Garrett Kelleher may face damages bill
By Barry O’Halloran From The Irish Times Chicago Spire backer could owe millions from involvement in €60m insurance claim A US court could hit Irish developer Garrett Kelleher with a large damages bill arising out of his involvement in a €60…
Should Kroger And Wal-Mart be worried by Aldi’s expansion?
By Collective Investment Co. From Seeking Alpha Summary Aldi is the German juggernaut that has shaken up the U.K. supermarket and grocery industry. The aggressive expansion plans it has could hit Kroger and Walmart’s margins and market share. Another German…
S.S. United States Restoration One of Many Grand Projects for Crystal Cruises
by Bloomberg From gCaptain (Bloomberg) — “You either grow or die.” To Edie Rodriguez, president and CEO of Crystal Cruises, those words weren’t just lip service for the journalists and VIPs gathered in the Seychelles recently, they’re a rallying call…
A Zika virus vaccine could be ready for emergency use this year
Rod Nickel, Reuters From Business Insider WINNIPEG, Manitoba (Reuters) – A vaccine for the Zika virus, which has been linked to severe birth defects in thousands of infants, could be ready for emergency use before year-end, one of its lead…
Capital One Bank employee accused of stealing over $100,000 nabbed on Caribbean island
From CBS News wtvr HENRICO COUNTY, Va. — A former worker at Capital One Bank, accused of padding his bank account with more than $100,000, was found living on the Caribbean island. Nicholas Rogers, 31, was slapped with one felony…