The Editor Speaks: When ‘unusual’ can be explained
One must hand it to Independent MLA for North Side, Ezzard Miller. Whether one agrees with him or not, he is doing his job as a duly appointed representative of the people. He gives 100% of his time and energies…
Bush announces “Ironwood” project to “Go East”
It has been announced that Eagle Assets Management will be creating an “Ironwood” community over a period of six years in an area of 430 acres that will span the two districts of North Side and East End. The news…
Cayman Islands blamed for UK’s tax burdens
I have recently republished articles and views that have appeared in reputable news sources that have shown the Cayman Islands in a bad light including now the oft called “nefarious” and “notorious” Islands. However, none can compare to this posting…
Manchester United tackle debt by floating on New York Stock Exchange and moving registration to the Cayman Islands
• Glazer family hope to pay off portion of United’s £423m debt • Signalled intention to move registration to the Cayman Islands The US-based Glazer family who own Manchester United have signalled their intention to move the club’s registration to…
The Editor Speaks: Our Constitution
Last Monday (2) was Constitution Day and I hope all of us celebrated the public holiday in style and/or relaxation. I also hope all of us have actually read our Constitution. If you haven’t, one of the best web sites…
Worries Over CWC Leakage
International credit ratings agency, Standard & Poor’s (S&P) says it is concerned that UK-based telecommunications services provider Cable & Wireless Communications (CWC) does not fully own its key assets in several countries, including The Bahamas, which leads to “meaningful leakage”…
DeVere plans Cayman Islands office
The deVere Group is looking to open a regional office in the Cayman Islands, and is sending its frontman, Simon Pratt, to oversee the launch. A company spokesman said the new office, the company’s first in the Caribbean, was expected…
Barclay’s chief executive Bob Diamond quits
Bob Diamond, the boss of Barclays has resigned from the embattled bank. The chancellor, George Osborne, said his sudden resignation was “the right decision for Barclays – and for the country”. “I think Bob Diamond’s resignation is the first step…
Penny Palfrey ends attempt to complete unaided swim from Cuba to Fla.
Endurance swimmer Penny Palfrey, who is 49, ended her attempt early Sunday (1) to become the first woman to swim unaided from Cuba to the Florida Keys, unable to close the gap on the last 26 miles of the 103 miles…
CCRIF Retains Sagicor as its Insurance Manager
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is pleased to announce the retention of Sagicor Insurance Managers Ltd. (Sagicor) as insurance manager for the Facility for the next three years, commencing June 1, 2012. CCRIF was launched in June 2007…
