Cayman Islands: Carlyle sues China ATM firm seeking $369 million over missed IPO
By Benjamin Robertson, Cathy Chan From Bloomberg Winding-up petition filed in Caymans by two Carlyle funds Carlyle Asia Growth Partners IV announced investment in 2010 Carlyle Group LP funds are taking legal action against Chinese automated teller machine company ATMU…
Caribbean countries pledge to empower women, girls
From Antigua Observer UNITED NATIONS, Sept 21, CMC – Caribbean Community (CARICOM) countries have pledged their “resolve” to achieve positive outcomes for empowering women and girls in the Caribbean as part of UN Secretary General Ban Ki-Moon’s global-inspired movement and…
Mars had liquid water a billion years longer than we even thought possible
By Bec Crew, ScienceAlert From Business Insider New evidence from NASA’s Mars Reconnaissance Orbiter has revealed that entire networks of lakes and streams fed by melting snow existed on Mars way later than anyone had thought possible. Based on new…
Cayman Islands: Confidential Information Disclosure Law published
By Ian Mann Contributed by Harney Westwood & Riegels LLP From ilo On July 15 2016 the Confidential Information Disclosure Law 2016 came into force in the Cayman Islands with the repeal of its predecessor, the Confidential Relationships (Preservation) Law…
Iran sanctions to be repealed in line with EU/UK position
By Aki Corsoni-Husain and Mirza Manraj Contributed by Harney Westwood & Riegels From ilo Introduction BVI position in 2009 BVI position in 2010 Joint Comprehensive Plan of Action Introduction On July 14 2015 the Joint Comprehensive Plan of Action (JCPOA)…
Puerto Rico hit with islandwide blackout after fire erupts
From Caribbean News Service SAN JUAN, Puerto Rico, Sep 21 2016— A big fire erupted at an electricity plant that powers most of Puerto Rico on Wednesday, causing a blackout that swept across the U.S. territory of 3.5 million people….
Cartoon of the week
By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…
Remove aviation and visa restrictions, official warns C’bean countries
From Jamaica Observer BRIDGETOWN, Barbados (CMC) – President of the World Tourism and Travel Council (WTTC) David Scowsill has warned Caribbean governments of the need to take urgent action to remove aviation and visa restrictions, which he said were serving…
North Korea is on its ‘way to an arsenal of perhaps dozens’ of nuclear warheads
By Amanda Macias From Business Insider WASHINGTON, D.C. — In the wake of North Korea’s latest nuclear test, a panel of experts discussed the possible implications of a nuclear weapons “no-first-use” policy on global security at the Heritage Foundation on Thursday….
Leaked Bahamas corporate data published in offshore database
By Will Fitzgibbon From Caribbean Business Now WASHINGTON, USA — New revelations published on Wednesday by the International Consortium of Investigative Journalists (ICIJ), the German newspaper Süddeutsche Zeitung and news organizations from Europe, South America, Asia and Africa reveal fresh…
