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Abraaj founder ordered to pay litigation costs in Cayman Islands court
By Pedro Goncalves From International Investment A Cayman judge has ordered the founder of troubled equity firm Abraaj to pay for the costs of a recent hearing in the jurisdiction regarding the company’s restructure attempts out of his own pocket. At…
The Editor speaks: Why the failure to implement the Standards in Public Life Law?
The Standards in Public Life Law fills the gap in the increasingly comprehensive anti-fraud and corruption regime and our Auditor General Sue Winspear stressed in her recent report titled “Fighting Corruption in the Cayman Islands”, this should be implemented quickly….
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On International Mentoring Day, Big Brothers Big Sisters celebrates their longest standing match of 10 years
16TH January 2019 George Town – Tomorrow, Big Brothers Big Sisters (BBBS) of the Cayman Islands is celebrating one of its successes; Cayman’s longest standing match- one that is 10 years old and counting, between Gerardo Ochoa-Vargas and Alex Richardson….
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Cayman Islands NHDT breaks ground in East End
From GIS WHO: The Housing Ministry and the National Housing Development Trust WHAT: Groundbreaking for the Affordable Housing Initiative in East End. WHEN: Thursday, 16 January 2019, 10.00 a.m. WHERE: Affordable Housing site off John McLean Drive, behind East End Primary School….
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Building a more resilient Caribbean
By Richard Branson From Virgin Really excited that BMR Energy has added a solar plant in the Cayman Islands to its portfolio of clean energy projects in the Caribbean and Latin America. I strongly believe we can build a greener, stronger and more…
Americans eating dinner
A photographer captured shots of Americans eating dinner for 3 years, and the photos show how different family meal time looks in busy homes across the US By Katie Canales From Business Insider What family meal time looks like in…
Goldman boss apologises for 1MDB scandal
From BBC Goldman Sachs new boss has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country’s wealth funds. However, chief executive David Solomon also distanced the bank from the scheme, which…
HSM starts New Year with furniture donations
Several charities in the Cayman Islands have received secondhand office furniture provided by local law firm HSM. The Family Resource Centre recently moved to a new location in George Town and were thrilled to receive a full desk set complete…
CariCRIS upgrades Barbados
Caribbean Information and Credit Rating Services Limited (CariCRIS) has upgraded the Regional Scale Local Currency rating of the Government of Barbados (GOB) from CariD (Default) to CariBB, with a stable outlook. We however maintain the Regional Scale Foreign Currency rating of CariD (Default) on the country’s foreign…
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These googly-eyed robotic assistants are being rolled out in supermarkets [US]
By Johnny Lieu From Mashable The robots are coming, and they’ll be bearing googly eyes. Marty, as it’s called, is a tall, gray robotic assistant that will be introduced to Giant Food Stores, a supermarket chain which operates in Pennsylvania,…
