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Cayman Islands Community Events TUE JUNE 2 Child month Board Games Evening Child Month organisers invite families to enjoy the rescheduled Board Games evening on Tuesday 2 June, at Book Nook, in the Galleria Plaza on West Bay Road, 6.00-…

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Why this weird Indian tax rule is scaring fund managers across the globe

By Henry Jamieson From Seeking Alpha Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Summary Summary 20% tax on book profits. Potential to apply to the…

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Ex-IGP: Cops must probe 2009 dealings of 1MDB

From The Star Online PETALING JAYA: Former IGP Tan Sri Rahim Noor has urged the police’s commercial crime division to start investigations on the 1MDB dealings of September 2009 as these seem questionable. He said 1MDB had signed a joint…

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The people who keep us safe from hackers fear new regulations could put them in jail

By Julie Bort From Business Insider A firestorm has erupted in the computer security community represented by the twitter hashtag #wassenaar. That hashtag refers to the international arms treaty known as the Wassenaar Arrangement, named for the European town where…

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Washington created the Islamic State (ISIS)

By Stephen Lendman From The People’s Voice Judicial Watch obtained a declassified 2012 Pentagon intelligence report anticipating ISIS (the Islamic State – IS) emerging from US support for Al Qaeda and other takfiri terrorists. It predicted what happened, saying “(i)f…

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Fifa’s Sepp Blatter victim of conspiracy, daughter says

From BBC Sepp Blatter’s legacy now depends on healing a divided sport, Richard Conway Fifa president Sepp Blatter is the victim of a conspiracy from “behind the scenes”, his daughter has told the BBC amid the corruption crisis gripping world…

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UK Pensions and France – what can and can’t you do?

From Blevins Franks We are now in the new age of UK pensions, where you have complete freedom to do whatever you wish with your funds… depending on what type of pension you have, that is. While the new pension…

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The Editor speaks: Why is there silence from Cayman’s Football authorities?

Even though many of the top brass of the Cayman Islands Football Association (CIFA) are away this is no excuse from not issuing any statement at all concerning their president Jeffery Webb. There is such a thing called “the Internet”….

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iNews Briefs, More and Community Events

Cayman Islands Community Events MON JUNE 1 National Workforce Development Agency in East End The National Workforce Development Agency will be at the East End Library on Monday (1 Jun) from 10 — 1pm. TUE JUNE 2 Child month Board…

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Liquidators of Ex-Harvard QB’s Funds [in Cayman Islands] sue Barclays for $80 Million

By Patrick Fitzgerald from The Wall Street Journal The liquidators of a pair of failed Cayman Islands-based hedge funds run by a former Harvard quarterback are suing Barclays PLC to claw back some $80 million they say was illegally funneled…