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Venezuela strengthens ties with China, Iran, and the Caribbean

By Lucas Koerner From Venezuela Analysis Philadelphia, June 30, 2015 (venezuelanalysis.com) – Venezuela and China drafted a 10-year plan for strategic cooperation yesterday as part of the China-Venezuela High-Level Joint Commission that is meeting in Caracas through Wednesday. The plan…

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Tsipras signals Greece may accept bailout terms

By SUZANNE DALEY and NIKI KITSANTONIS News Clips By The Associated Press The Greek prime minister Alexis Tsipras made a televised address on Wednesday during which he said the government remained committed to reaching an agreement with its creditors. ATHENS…

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Split panel affirms Apple conspired to fix eBook prices

By Mark Hamblett, From New York Law Journal A finding that Apple engaged in a price-fixing conspiracy with five publishers as it broke into the ebooks market dominated by Amazon.com was upheld by a divided appeals court Tuesday. The U.S….

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iNews Briefs, More & Community Events

Community Events Ministry of Education, Employment and Gender Affairs will be hosting public meetings in every district, including Cayman Brac, to discuss the Education Bill, 2015 and gain the public’s feedback on the proposed changes. The meetings will be as…

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The Editor speaks: Should we be worried?

With all the new regulations coming into force, blacklisting, money laundering, Greece, etc. that could affect the revenues over the next years from our offshore sector, should we be worried? I am, but then I am a natural worrier. The…

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Cayman Islands Funds

Chris Humphries, Managing Director at Stuarts Walker Hersant Humphries, discusses what the Cayman Islands has to offer prospective hedge funds Chris Humphries is the managing director and one of the founding directors of Stuarts. He is a recognised leader in…

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CONCACAF hires Alvarez & Marsal to assess operations

Miami (Tuesday, June 30, 2015) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) announced today that it has hired the firm Alvarez & Marsal to make an assessment of its operations. Carlos Vincentelli, a Managing Director…

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Diver’s dream: Cuba’s pristine and protected coral reefs

By Chris Gillette Associated Press From St Louis Post-Dispatch MARIA LA GORDA, Cuba • The coral reefs and gin-clear waters off the coast of Cuba offer some of the best diving in the Caribbean and some of the best-preserved reefs…

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[Bahamas] Ex-minister wants Chinese currency hub ‘within a year’

By Neil Hartnell From Tribune 242 A former Financial Services Minister yesterday urged the Government to establish an operational Chinese currency trading platform within 12 months, and not let “a great opportunity pass us by.” Ryan Pinder, now Deltec Bank…

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When FDI fails: learning the lessons of international expansion

By Michal Kaczmarski From FDI Intelligence The complexities of overseas expansions are often overlooked in the bid to tap into new growth markets. Michal Kaczmarski looks at what it takes to crack foreign markets. Overseas expansion is often considered a…