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Jamaica and Caribbean facing global financial regulations
From South Florida Caribbean News KINGSTON, Jamaica – Jamaica and those in the wider Caribbean are feeling the erosion of options to conduct international financial transactions due to tough global banking regulations. Economist Dr. Damien King said the challenge to…
Everything ready for preparatory session of ACS Ministerial Council
From Presna Latina Port-au-Prince, Jan 18 (Prensa Latina) Everything is ready today for the preparatory session of the 21st Ordinary Meeting of the Council of Ministers of the Association of Caribbean States (ACS), which will open on Tuesday in the…
Why this subprime lender funds loans through the Cayman Islands
By Kadhim Shubber From FT Alphaville Elevate Credit calls its customers in the US and the UK the “New Middle Class”, selling them loans in the latter at a representative APR of 1295 per cent. It is gearing up to…
Ericsson and Huawei extend global patent cross license agreement
Renewed cross license agreement (including the GSM, UMTS and LTE cellular standards) On-going royalty payment to Ericsson, 2016 and onwards, based upon actual sales Ericsson’s estimate for full year 2015 IPR revenues of SEK 13-14 b. remains Ericsson (NASDAQ:ERIC) and…
St Lucia government upholds diplomatic immunity for Saudi billionaire
From Caribbean News Now CASTRIES, St Lucia — The government of Saint Lucia has informed Britain’s Foreign and Commonwealth Office (FCO) that it intends to uphold the principle of diplomatic immunity by allowing its permanent representative to the International Maritime…
IRENA announces loans for projects in Africa and the Caribbean
By Robin Whitlock The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) has announced $46 million in concessional loans for renewable energy projects in developing countries. The loans will fund a wind and solar project in…
Boston Beach, Jamaica refurbished and reopens
$27.7 Million Refurbished Boston Beach Facility Handed Over Portland, Jamaica – Boston Beach, the famous beach in Portland, Jamaica has been refurbished at a cost of $27.7 million and was officially reopened by Minister of Tourism and Entertainment, Hon. Dr….
Boeing’s airplane of the future
By Yoni Heisler FromBGR Boeing’s airplane of the future will blow your mind The airline industry finally seems to be getting its act together. While the consumer electronics space over the last few years was bursting with innovations, the overall…
Briefs on the [Cayman Islands] beach
By Felicity Nelson From Lawyers Weekly Practice in a tropical paradise is not all about sunsets and cocktails. Felicity Nelson reports. Close to zero tax, more than 300 days of sunshine a year and an endless supply of blue-chip commercial…
Supreme Court rules on liability policies and claims-made principle
Written by Alexandra Bösch & Markus Dörig Contributed by BADERTSCHER Rechtsanwälte AG From International Law Office The Federal Supreme Court recently rendered a rare judgment on the temporal scope of liability policies and the claims-made principle. Facts The case involved…
