Bahamians first, but not to make the mistakes made in the Cayman Islands
WHILE “unequivocally” backing the Government’s ‘Bahamian First’ policy, the Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chairman yesterday said it had to avoid a work permit regime that “discourages industry or investment in the Bahamas”. Speaking after the Minister…
Cayman Islands Department of Tourism targets rich UK visitors
Wealthy Brits targeted by Cayman Department of Tourism As part of a concerted international tourism drive, the Cayman Islands’ Department of Tourism is particularly targeting wealthy tourists from the UK, reveals land investments specialists Crown World. Cayman Concierge is a…
6th Meeting of the Caribbean Regional Fisheries Mechanism (CRFM) Ministerial Council
Fisheries Ministers of the 17 member states of the Caribbean Regional Fisheries Mechanism (CRFM) will be meeting in The Bahamas on Friday, June 15, 2012, for their regular annual meeting aimed at charting the course ahead for the management of…
IAIS Global Seminar hosted by CIMA Starts On Monday (18)
The International Association of Insurance Supervisors (IAIS) Global Seminar and Triennial Committee Meetings hosted by CIMA will take place at the Ritz Carlton on Monday 18th until 21st June. CIMA will host 120 delegates from around the world for the…
Allen Stanford jailed for 110 years for $7bn Ponzi
Disgraced tycoon Allen Stanford has been sentenced to 110 years in jail for operating a Ponzi scheme that defrauded investors of more than $7bn (£4.5bn). The scheme was described as one of the largest in US history. In court, Stanford…
Some cry ‘coup’ as Egypt’s highest court annuls parliament, military extends power
Egypt’s highest court declared the parliament invalid Thursday, and the country’s interim military rulers promptly declared full legislative authority, triggering fresh chaos and confusion about the country’s leadership. The Supreme Constitutional Court found that all articles making up the law…
Upper Crust feud involves false claims for trips to Cayman Islands
The embattled Upper Crust pizza chain, already under federal investigation for its labour practices, is now riven by a nasty battle for control of the company among its co-owners, who are accusing each other of misusing corporate funds for personal…
Trio investors demand release of documents in $176 million fraud that ended up in Cayman Islands
Investors who lost their savings in the Trio Capital fraud have called for the release of documents, which they hope will expose the associates of the criminal mastermind Jack Flader. Flader was the architect of Australia’s largest superannuation fraud in…
Inovio Pharmaceuticals to Participate in BIO Vaccine Panel and Present at Marcum Investor Conference
Inovio Pharmaceuticals, Inc. (nyse mkt:INO) announced today that Dr. Niranjan Sardesai, COO, will participate on a panel of senior vaccine experts at the 2012 BIO International Convention,the largest global event for the biotechnology industry. Dr. J. Joseph Kim, President and…
Huge wildfires hit Colorado and New Mexico
Hundreds of firefighters have joined efforts to tackle two of the biggest wildfires ever seen in the US states of Colorado and New Mexico. The Colorado blaze shrouded the state capital, Denver, 60 miles (100km) away, in smoke, hampering rescue…
