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Who, What, Why: Why does a cabbage cost $28 in Canada?

Would you pay C$28 (US$27; £18) for a cabbage? $65 for a bag of chicken? $100 for 12 litres of water? That’s not the cost of a meal at a world-class restaurant, but the price of basic foodstuffs at supermarkets…

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AG tells DPP’s Workshop to place less reliance on eye witness testimonies

The following are the remarks by the Attorney General, the Hon. Samuel Bulgin, QC,at the opening of the Director of Public Prosecutions’s (DPP) Workshop Marriott Resort, Thursday, 14 June 2012 With protocol being established, let me add my voice in…

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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…

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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…

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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…

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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…

iWorld News News

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…

iWorld News News

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…

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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…

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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…