Bank of America to pay Fannie Mae billions to settle mortgage claims
Bank of America has agreed to pay US government mortgage agency Fannie Mae $3.6bn (£2.2bn) to settle claims relating to residential home loans. In addition, it has agreed to buy back 30,000 mortgages for $6.75bn, and pay a further $1.3bn…
Belfast flags trouble: Police use water cannon in east Belfast
Water cannon have been used after rioting erupts for a fifth night in east Belfast. The disorder began close to the nationalist Short Strand area as loyalists returned from a protest at the city hall. Police were attacked with petrol…
Obama names Hagel and Brennan to lead Pentagon and CIA
US President Barack Obama has named Chuck Hagel to be his next defence secretary and counter-terrorism adviser John Brennan to lead the CIA, but the nominations may not go smoothly. Former Nebraska Senator Hagel’s fellow Republicans have accused him of…
European Integration and Postcolonial Sovereignty Games
The EU overseas countries and territories Edited by Rebecca Adler-Nissen, Ulrik Gad Published December 18th 2012 by Routledge – 252 pages This book examines how sovereignty works in the context of European integration and postcolonialism. Focusing on a group of…
Gawker site exposed- money in the Cayman Islands
According to the Red Statements website it has reposted a short article from Liberal Krytonite “Welcome to the Cayman Islands”: During the last election, much was made of Mitt’s money in the Cayman Islands. How did they know about this…
Beyond Marathons: 5 Grueling Physical Feats
By Alexandra Andrews The Financialist There are plenty of reasons to run a marathon—personal gratification, weight loss, charitable fundraising—but if it’s bragging rights you’re after, marathons have begun to offer diminishing returns. The event itself is unchangeable: 26.2 miles is…
Corporate Spending: Why so Little?
by Madeleine Scinto, The Financialist Difficult economic conditions over the last four years have caused American and European companies to curb spending in an attempt to grow their cash reserves. The looming question is: When will they start spending again?…
Call for investors
Potential investors are invited to attend a presentation by electric car manufacturer Shockwave Motors (www.shockwavemotors.com<http://www.shockwavemotors.com>). The company is offering shares in a startup venture that seeks to take a prototype to market starting in Grand Cayman, with plans to expand…
Labyrinths
As the Cayman Islands National Gallery are currently constructing a labyrinth and are asking for volunteer help to complete it, I have to ask whether you know what really is a labyrinth? There are a lot of web sites all…
Live Crabs in Vending Machines and Other Exceedingly Odd Offerings
Eric Steinman Care2 This country, unlike the many other bustling and inventive places throughout the world, has always been, at least comparatively, somewhat conservative and conventional when it comes to the contents of its vending machines. Sodas and candies take…
