Biden rips Romney on outsourcing, Swiss bank account and Cayman Islands investments
Resuming the mantle of attack dog, Vice President Joe Biden on Tuesday laced into Mitt Romney for allegedly outsourcing jobs while at Bain Capital and reviving the charge that Romney is out of touch because he once held a Swiss…
Australia: Asylum seekers’ boat capsizes; 4 die
Australian officials said Wednesday that 130 survivors, most of them reported to be women and children, had been rescued after a ship full of apparent asylum seekers trying to reach Australia capsized in the Indian Ocean. The Australian Customs and Border…
US Supreme Court upholds healthcare
The US Supreme Court has said President Barack Obama’s landmark healthcare reform act is constitutional. The court upheld a core requirement known as the “individual mandate” that Americans buy insurance or pay a fine. Of the nine justices on the…
Legislating Common Sense: Canada’s Lesson on Managing Growth
By Donovon Kellyman Just this week, Prime Minister Stephen Harper, Finance Minister Jim Flaherty, and Bank of Canada Governor Mark Carney announced plans that make it harder for Canadians to own a home. The average Canadian might not like the government’s plans, but…
CTEX Datacenter construction in full gear
CTEX’s ‘CU-1’ the first of 4 high-end Tier-IV designed datacenters is coming out of the ground at record speed. Local and international companies are in a race to build the most advanced datacenter in the Caribbean and Latin America in…
Banco de la Nación Argentina New York selects Lombard Risk
Lombard Risk announces Banco de la Nación Argentina New York (BNA NY), a branch of Banco de la Nación Argentina (BNA), Argentina’s leading financial institution, as its latest REG-Reporter regulatory compliance client BNA is the largest commercial bank in Argentina’s…
European Commission: new report “on concrete ways to reinforce the fight against tax fraud and tax evasion including in relation to third countries”
This story appeared in Tax Justice Network “Why tax havens cause poverty” A new report from the European Commission has just been published. It contains many things of interest, such as this clear statement of some of the harm that…
Two ribbon cutting ceremonies for Cayman Airways at Dallas/Fort Worth Airport
Anna.aero featured Cayman Airways launch of its new route from Grand Cayman to DFW on their website last Wednesday (27): Having recently launched services to Panama City, on 23 June, Cayman Airways commenced operating weekly flights to Dallas/Fort Worth (DFW),…
UK Government Publishes White Paper on the Overseas Territories
The United Kingdom (UK) will be keeping a much more close watch on its UK territories than it has done in the past especially on finances, good governance and the potential for corruption across the last remnants of empire. In…
Cayman National Bank robbery – Fourth man arrested
Police confirmed Tuesday (3rd) that a fourth person has been arrested in connection with the Cayman National Bank robbery. A 29-year-old man was charged and in court also on Tuesday in connection with last week’s Cayman National…
