Left-wing leader rejects Greek austerity pledge
(AP) — The smoldering debate over European austerity flared hotter Tuesday as the left-wing politician trying to form a new Greek government declared that his country is no longer bound by its pledges to impose crippling cutbacks in return for…
US sends airport security guide to other countries
(AP) — In the wake of a terrorist bomb plot disrupted by the CIA, the U.S. advised some international airports and air carriers Tuesday about security measures for passengers traveling to the U.S. The guidance from the Transportation Security Administration…
“Jumping the Gun on the Wipeout Gene”
Another story on Oxitec’s “just to see what happens” release of sterile mosquitos in the Cayman Islands This story appeared on the www.greenerideal.com website and reinforces the comments Georgina Wilcox made in iNews Cayman’s article on the same subject. by…
Home owners across the nation sue all bank servicers and their offshore havens (including Cayman Islands); Spire Law officially announces filing of Landmark Lawsuit
Largest international money laundering network in history formed during Obama administration; U.S. banks’ theft of home owners’ money laundered through Cayman Islands, Isle of Man and numerous offshore-based affiliates. In a lawsuit alleged to involve the largest money laundering network…
Study shows tax evasion crackdown has largely failed
The flow of funds to low-tax jurisdictions has barely changed since 2007, despite significant global efforts to tackle the problem. Deposit data from the Bank of International Settlements (BIS) demonstrates that $2.7trn (£1.7trn) is deposited offshore in spite of unprecedented…
Offshore tax havens’ links to crime budget choices
By Robert M. Morgenthau FANS of “American Idol” might be surprised to learn that, if sales figures are any indication, the real music capital of the world may not be America, but Luxembourg. Luxembourg is a tax haven, and Apple…
Manchester United may lose their Premier League crown to Manchester City
Manchester United led by eight points one month ago, but now trail Manchester City on goal difference with one game left. To win a 20th league title, United need to better City’s result against QPR when they face Sunderland on…
Greek election impasse heralds lengthy instability
AP) — Greece sank deeper into a political and financial morass on Monday as initial efforts to form a new coalition government failed a day after angry voters punished parties backing the country’s international bailout. The result of Sunday’s parliamentary…
London re-elects Boris Johnson as mayor
AP) — London’s comic and outspoken mayor Boris Johnson won re-election Friday, triumphing in a closer-than-expected vote to secure a second term and his status as the unvarnished and unpredictable host of the 2012 Olympics Johnson’s victory, in election results…
France president-elect Hollande has full plate
(AP) — On his whirlwind first day since winning the French presidential election, Socialist Francois Hollande was set to embark on a crash course in international politics, with a critical visit to Berlin, an invite to the White House, and…
