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Food stamp scammers shipping groceries to Caribbean

By Newsmax Wires Some New Yorkers on welfare assistance are using their food stamps to buy and ship groceries to relatives in Haiti, Jamaica, and the Dominican Republic, The New York Post reports. They buy food with their benefit cards…

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Racing Google to bring driverless cars to the road

By Rip Empson Tech Crunch Racing Google To Bring Driverless Cars To The Road, Mobileye Valued At $1.5B As Investors Take $400M Stake In the world of self-driving cars and autonomous vehicle technology, Google gets most of the attention, but…

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Ken Watterson is made a director

From IOM Today The Cayman National Group announced the appointment of Ken Watterson as a non-executive director to the boards of both Cayman National Bank and Trust Company (Isle of Man) Limited and Cayman National Fund Services (Isle of Man)…

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Integrated model for hedge fund managers

From hedgeweek Download the special report AIFMD Implementation Guide 2013 at: http://www.hedgeweek.com/sites/default/files/GFM_AIFMD_13.pdf The role of the depositary is set to become an integral part of how offshore hedge funds operate in Europe under the AIFM Directive, which will be transposed…

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Cayman’s civil service saying goodbye to Governor

On Wednesday (24) the Cayman Islands Government Administration Building will be closed to the general public from 4pm to prepare for a reception in honour of H.E. Governor Duncan Taylor. Cayman’s civil service, together with  his wife Marie-Beatrice, Acting Premier…

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2013 CONCACAF Gold Cup Semifinals Set

Tickets available at GoldCup.org MIAMI (Sunday, July 21, 2013)- The Confederation of North, Central American and Caribbean Association Football (CONCACAF) announced today the official pairings and kick-off times of the Semifinal matches in the 2013 CONCACAF Gold Cup. After a…

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Greenlight Capital Re to Release Second Quarter 2013 Results

GRAND CAYMAN, Cayman Islands, July 23, 2013 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the second…

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Action plan on tax an impossible task

By Jake van der Kamp From South China Morning Post For the proposed scheme to clamp down on tax evasion to be effective, it will require tracking down the domiciles of ultimate beneficiaries The Group of 20 has fully endorsed…

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Caribbean Hotel & Tourism Association Names Emil Lee New President

By Alexander Britell, Caribbean Journal The Caribbean Hotel & Tourism Association has named St Maarten hotelier Emil Lee its president-elect for 2014 to 2016, the association announced Wednesday (3). Lee is the president of the St Maarten Hospitality and Trade…

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Cayman Enterprise City reaches out to Cayman’s next generation of innovators

Cayman Enterprise City (CEC), Cayman’s hi tech Special Economic Zone has rewarded the two young winners of ‘The Coolest Internship in Cayman’ video contest with summer internships in the zone. During the month of June contestants in the Cayman Islands…