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Month: March 2016

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Isle of Man: Plans for major bank shake-up

From IOM Today UK banking groups are drawing up detailed plans on how they are to restructure their operations in the island. Treasury Minister Eddie Teare was quizzed in the House of Keys over what action his department would take…

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Cayman Islands government responds to Cayman Islands lawyer re stamp duty law

The following is in response to Cayman Islands query to government over the collection of stamp duty for unregistered leases – please see iNews Cayman story published March 9 2016 “Cayman Islands lawyer clarifies stamp duty law” at: http://www.ieyenews.com/wordpress/cayman-islands-lawyer-clarifies-stamp-duty-law/ From:…

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Indian police horse crippled after being attacked by politician

BY SONAM JOSHIINDIA From Mashable An attack on an Indian police horse by a politician during a violent clash in the north Indian state of Uttarakhand has sparked outrage. The 13-year-old horse named Shaktimaan was part of the Uttarkahand mounted…

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24 Caribbean nationals arrested in US criminal alien crackdown

From Jamaica Observer MIAMI, (CMC) – Several Caribbean nationals were arrested by the US Immigration and Customs officials in a move targeting criminal aliens who pose a threat to public safety. Of the 24 arrested, several are nationals of Jamaica,…

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rominent businessman suing Jamaica media company for billions over defamatory article

From Caribbean 360 KINGSTON, Jamaica, Tuesday March 15, 2016 – Hotel mogul Gordon ‘Butch’ Stewart is suing one of Jamaica’s biggest media companies for J$17.5 billion (US$143.8 million) over the publication of an article that he says was “false, malicious,…

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Policeman in Trinidad to stand trial for trafficking Colombian women Z

From Caribbean360 PORT OF SPAIN, Trinidad, Tuesday March 15, 2016 – In Trinidad and Tobago’s first human trafficking case, a 55-year-old suspended police officer has been committed to stand trial on 13 charges of human trafficking and prostitution. Constable Valentine…

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Cayman Islands Maritime Week Launching

From Cayman Enterprise City Special Economic Zone Major event to bring the worldwide maritime industry to Cayman’s shores Grand Cayman, Cayman Islands (March 15th, 2016) – The Cayman Islands Shipping Registry and local maritime industry partners including Maples and Calder,…

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Gadget of the week

Intel-powered hard hat could help contractors of the future By Nicole Lee From engadget There’s even thermal vision to let you know when things are a little too hot. A few weeks ago, Intel CEO Brian Krzanich introduced DAQRI founder…

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Russia contributes to Caribbean debt relief

By Rapheal John-Lall The Guardian T&T Russia has contributed to Caribbean debt relief and will continue to contribute to the economic development of T&T and the rest of the region, Russian Ambassador to T&T Nikolay Smirnov said in a statement…

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The ECB has temporarily taken the fear out of the European bond market

By Jonathon Garber From Business Insider Back in February, European peripheral spreads versus Germany widened to levels last seen in June 2015 as investors freaked out about contingent convertible bonds, or Coco bonds. The fear was that capital levels of certain…