Egypt court challenges Mursi’s reopening of parliament
Egyptian President Mohammed Mursi’s order to reconvene parliament has been rejected by the highest court, which says its ruling that led to the assembly’s dissolution is binding. The speaker of the dissolved house has already responded to Mr Mursi’s decree,…
“Play Me, I’m Yours” puts 41 pianos across city of Toronto
If you come across a piano in Toronto during the next few weeks where there wasn’t one before, you can play it. It’s yours. Pianos will be spread across the city as part of an art installation celebrating the start…
Hedge Funds Are Not Like Banks (and That’s Okay!)
By Kevin Roose writing in The New York I can’t decide what the funniest thing is about Azam Ahmed’s Times story* (which expands on a FT story last year) on the ludicrous world of Cayman Islands–domiciled hedge funds and their…
Libor scandal: Paul Tucker denies ‘leaning on’ Barclays
The deputy governor of the Bank of England (BoE) has said he did not give Barclays instructions to lower its Libor submissions in 2008. Paul Tucker said no government minister had asked him to “lean on” Barclays over its inter-bank…
Which way is up?
Garnett Roper, GUEST COLUMNIST for The Jamaican Gleaner As Jamaica celebrates 50 years of political Independence, the question of the adequacy and appropriateness of its political-economic system is a moot one. It is clear that since Independence, the political economy…
One year on for the world’s youngest nation: The future of South Sudan’s children hangs in the balance
UNICEF calls for the rights and wellbeing of children to be made an urgent priority in the development of the country as the one year anniversary of the independence of South Sudan approaches. With half the population under the age…
Seven more held in Britain for terror offences
Seven men have been arrested in Britain on suspicion of being involved in terror offences, after weapons were found hidden in a car, police said Friday. A day earlier, six people – one of them a woman – were arrested…
Cayman Islanders and Russians go to Ft. Lauderdale for their cosmetic dentistry
Miami cosmetic dentist Dr. Charles Nottingham and his staff at Smile South Florida have recently seen a surge in the number of patients from abroad. “The countries we see the most patients from are the Bahamas, Bermuda, Curacao, Grand Cayman,…
Manchester United faces double tax bill if it moves to Cayman Islands
MANCHESTER United’s tax bill will rise if its owners complete their proposed move of the club’s parent company to the Cayman Islands, according to its stock market flotation documents. Historically, the Premier League club has only ever been subject to…
Blatter: Lampard the catalyst for introduction of goal-line technology
FIFA president Sepp Blatter says Frank Lampard‘s “ghost” goal at the 2010 World Cup played a decisive role in the introduction of goal-line technology, reports BBC Sport. The International Football Association Board voted unanimously in favour of introducing the technology…
