Moody’s downgrades 15 major banks
The credit ratings agency Moody’s has downgraded 15 banks and financial institutions. UK banks downgraded include Royal Bank of Scotland, Barclays and HSBC. In the US, Bank of America, Citigroup, Goldman Sachs and JP Morgan are among those marked down….
Jamaican OCG now in Possession of Legal Opinion from Queen’s Counsel confirming validity of OCG’s Positions on Independent Oversight Panel (IOP)
The Office of the Contractor General (OCG) is now in possession of a formal written Independent Legal Opinion, from eminent Queen’s Counsel, Jacqueline Samuels-Brown, which supports the legal validity of the OCG’s contentions regarding the Government’s Independent Oversight Panel (IOP)….
Letter to Editor
From Anonymous THE HIDDEN TRUTH CAYMANIANS NEED TO KNOW ABOUT THE “ONE MAN ONE VOTE” I am supporting the one man one vote but from afar off and I’ll explain my reasons why. The one man one vote serves well…
NDC Observes International Day Against Drug Abuse and Illicit Trafficking
Substance use has a detrimental effect on the prosperity and health of all nations and is well recognised as a significant barrier to both teaching and learning. It has been associated with a host of high-risk behaviours including crime, illiteracy,…
Manny Pacquiao wins WBO review after defeat by Timothy Bradley
Manny Pacquiao has won a WBO review into his split-decision defeat by Timothy Bradley earlier this month. On the night two judges scored the bout 115-113 in the American’s favour, prompting boos around the MGM Grand. The WBO has now…
Tingyl (Cayman Islands) issue $500 million bond
In a landmark deal for the Asian food and beverages sector, China-based food producer Tingyl (Cayman Islands) Holdings Corp (Tingyl) has, for the first time, issued a $500 million dollar bond at 3.875 percent notes due 2017. The notes are…
First Caribbean bomb hoaxer was suffering from depression
Eliza Rivers, 22, and mother of two children was suffering from severe depression when she made two calls to the First Caribbean Bank in George Town, Grand Cayman, two years ago in March 2010. The first call was to inform…
Cayman Island resource managers learn how to manage threats to coral reefs
Resource managers are faced with environmental changes that threaten the health and vitality of coral reef ecosystems as a result of expanding coastal development, tourism and new industries in many Caribbean nations. To assist coral reef resource managers in their…
Stuff you didn’t know you didn’t know!
Men can read smaller print than women can; women can hear better. Coca-Cola was originally green. It is impossible to lick your elbow. The State with the highest percentage of people who walk to work: Alaska The percentage of Africa that is…
PLP: Richards way off base on Cayman term limits
Public Relations Officer for the Progressive Labour Party Curtis Williams fired back yesterday on the Shadow Minister of Finance’s call for the lifting of term limits in Bermuda. One Bermuda Alliance MP ET Bob Richards on Monday suggested Bermuda would…