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Investment, unemployment challenging the Caribbean says minister at Cayman Islands CDB Meeting

WHILE the Caribbean region is projected to experience positive economic growth this year, quickening the pace of investment decisions and curbing unemployment remain major challenges confronting all countries in the region. This was the view expressed by Planning and Economy…

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Digicel group nets US$1.1B before taxes

Digicel Group Limited on Tuesday (5) announced a strong set of financial results for the year ended March 31. With subscribers increasing by 27 per cent to 12.8 million and revenues for Digicel Group Limited (which comprises 30 markets in…

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Ray Bradbury, author of ‘Farenheit 451’, dies age 91

Ray Bradbury, author of The Martian Chronicles and Fahrenheit 451, died Tuesday (6). He was 91. Born in Waukegan, Ill, USA, 1920, Bradbury grew up in the Great Depression with an active imagination. He imagined there were monsters at the…

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Another massacre in Syria?

According to a BBC World News report at least 86 people, including many women and children, have been killed by Syrian pro-government forces in Hama province. Opposition activists have reported more than 20 children and 20 women were reportedly among…

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UEFA President Michel Platini says refs must stop games over racism

A BBC Panorama programme highlighted incidents of racism at stadiums in Poland and Ukraine, who will co-host Euro 2012. “Referees can finish the game. They have this power in case of racism,” Platini told the BBC’s David Bond. “That is,…

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LinkedIn confirms, apologises for stolen password breach

LinkedIn has confirmed that some of its user passwords have been compromised. The company has also issued an apology “for the inconvenience this has caused our members.” Reports circulated on Wednesday that millions of LinkedIn passwords were subject to a…

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Spain: No request for bailout, says minister

Spain’s economy minister has dampened speculation that the country is about to seek a bailout of its bank sector. Luis de Guindos said no decision would be made until audits of the banks were completed, possibly by the end of…

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Filipino Worker ‘Issue’ Resolved

After several months of diplomatic negotiations involving many communiqués and two visits to the Cayman Islands, the Philippines government late last month reversed its decision to list the Cayman Islands amongst countries which fail in their obligations to protect the…

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Lord Ashcroft raises question in House of Lords regarding remarks by Cayman Islands premier

Hansard source (Citation: HL Deb, 28 May 2012, c97w) Lord Ashcroft (Conservative): “To ask Her Majesty’s Government what is their assessment of the comments in a statement by Premier McKeeva Bush of the Cayman Islands that the United Kingdom-appointed Governor…

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Banned: CHEC’s parent company by World Bank

This story appeared in http://www.kaieteurnewsonline.com/2012/06/04/world-bank-bans-cjia-contractor/ When you read it, note that the company involved is the parent company of China Harbour Engineering Company (CHEC). This is the company Cayman Islands premier, McKeeva Bush signed a Memorandum of Understanding to construct…