What the TPP means for Latin America and the Caribbean
By: Antoni Estevadeordal From Brookings On February 4, 2016, after five years of negotiations, the members of the Trans-Pacific Partnership Agreement (TPP) signed the trade pact, considered to be the highest standard trade agreement to date.[1] The TPP includes not…
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Exploring the decriminalization of marijuana – Part 3
By Robertson S. Henry and Andre de Caires From Caribbean news Now Because of the decline of the banana industry that used to employ thousands of persons directly and indirectly, the job market has declined significantly, leaving many unemployed. Many…
Strategic Asset Management launches new global long/short fund [in Cayman islands]
By Brian Haskin From Seeking Alpha The long/short “hedged” fund was pioneered in the late 1940s in response to the economic tumult of the prior two decades. The idea behind it was to reduce exposure to the fluctuations of the…
High Court appoints interim examiner to troubled exploration company Petroceltic and two related companies
From Independent IE The High Court has appointed an interim examiner to troubled exploration company Petroceltic and two related companies. Mr Justice Brian McGovern appointed Michael McAteer, of Grant Thornton, as interim examiner on Tuesday on the application of the…
Execs of int’l school in Seoul indicted over alleged embezzlement
From The Korea Herald Prosecutors said Tuesday they have indicted three board members of the Seoul branch of a British international school over allegations they embezzled some billions of won in school expenses in violation of the private school act….
Pension funds look to captive insurance for longevity risk answers
From Offshore Bankers Captive insurance companies are providing pension funds with a valuable avenue to the reinsurance market for transferring longevity risk, a newly-published white paper has reported. ‘Longevity risk market comes of age’, the Guernsey Finance white paper, written…
Maples and Calder advises on largest semiconductor acquisition in history
Grand Cayman, Cayman Islands | Maples and Calder has advised Singapore-based Avago Technologies Limited (“Avago”) on the Cayman Islands aspects of its US$37 billion acquisition of Broadcom Corporation (“Broadcom”), which closed on 1 February 2016. Under the agreed terms of…
A.M. Best Assigns Ratings to Republic Insurance Company (Cayman) Limited
March 09, 2016 04:21 PM Eastern Standard Time OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of “bbb+” to Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands). The outlook…
The Studio that made Rock and Roll history is rotting away on a Caribbean island
From MessyNessy The island of Montserrat in the West Indies became a Caribbean Pompeii when in 1995, the Soufrière Hills volcano woke up. The capital was buried in more than 12 metres of mud while the rest of the island was…
Lucky 13 as Red wins most Gold ADDY awards in the Caribbean
The number 13 was lucky for Red Advertising & Marketing Ltd. as they won 13 Gold in the recently concluded American Advertising Federation 2016 ADDY Awards. Serendipitously, this was matched by the milestone of being the top agency in Barbados…
