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Day: August 19, 2018

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Bitt inks Blockchain deal with another Caribbean central bank

By Nikhilesh De From Coin Desk Barbados-based blockchain startup Bitt is partnering with the Centrale Bank van Curaçao en Sint Maarten (CBCS) to look into issuing a central bank-backed digital currency for the two nations. Bitt, a portfolio company of Overstock’s…

Caribbean News Events iBusiness iCommunity iCrime iFinance iLocal News iTech iWorld News Manager's Choice News

Digicel pursues Orange for additional €80m in Caribbean dispute

By Joe Brennan From The Irish Times Paris court ruled in December that Orange pay Digicel €179.6m in damages for abusing its dominant position in French West Indies Businessman Denis O’Brien’s Digicel has taken legal action seeking an additional €80…

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Days before suspension, Haywood’s Clients fled GAM Feeder Fund

By Patrick Winters From Bloomberg In the days leading up to Tim Haywood’s suspension, one of his funds at Switzerland’s GAM Holding AG was showing an unusual pattern. The GAM Absolute Return Bond Fund – Master Fund, an Australian dollar-denominated…

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Dubai regulator probes Abraaj Capital as investigation continues

By: Christopher Copper-Ind From International Investment Dubai regulator probes Abraaj Capital as investigation continues Dubai’s financial services regulator has moved to bar Abraaj Capital from taking on new business or moving money to Abraaj Investment Management (AIML), its related entity,…

Animals Events iCommunity iCrime iEntertainment iEnvironment iLocal News ISports iWorld News News Publisher's Choice

Volleyball players kill hundreds of baby birds off Alabama coast

By Beth Dalbey From Patch National To sweep the surface of a 2-acre offshore sandbar at the mouth of Mobile Bay for their Fourth of July fun, a group of volleyball players unthinkingly plucked the eggs from the simple sand…

Caribbean News Events iBusiness iCommunity iEnvironment iLocal News iWorld News News Publisher's Choice

This small Caribbean island is waging a big war against plastic

By Dominique Mosbergen From Huffington Post Dominica’s government plans to ban plastic and styrofoam food containers and utensils by 2019. The small Caribbean island of Dominica is taking a big stand against plastic waste. In what’s been described as one…

Editors Choice iBusiness iLocal News iWorld News News

Environmental destruction thrives on tax havens, says paper

BY AISHA KEHOE DOWN From OCCRP It’s not just hedonistic politicians: illegal fishing, deforestation and other forms of environmental degradation thrive off of the protections offered by the world’s tax havens, according to a new paper by researchers at Stockholm…

19 Aug Weather in Cayman & Tropical Report

  19 Aug Sun 2018 Tropical Report Tropical Weather Outlook NWS National Hurricane Center Miami FL 800 AM EDT Sun Aug 19 2018 For the North Atlantic…Caribbean Sea and the Gulf of Mexico: Tropical cyclone formation is not expected during…