ESO Press Release: Tourism-related services contributed to the 3.6% growth in the Caymans’ economy for the first quarter of 2024
Economic activity in the Cayman Islands, as measured by the gross domestic product (GDP) in real terms, is estimated to have increased by 3.6% in the first three months of 2024. Indicators suggest that the growth in economic activity was…
Caribbean Conservation Stakeholders gather in the Dominican Republic for CEPF Midterm Assessment Meeting
Fondazione AVSI Dominican Republic, 14 November 2024 – Between 19 and 21 November 2024, more than 70 grantees, partners, and representatives of The World Bank, the Critical Ecosystem Partnership Fund (CEPF) Secretariat and the Regional Implementation Team at the Caribbean Natural…
Credit Card Debt Hits Record $1.17T: N.Y. Fed
By Lee Barney From Newsmax Dreamstime Americans’ credit card debt grew by $24 billion to $1.17 trillion in the third quarter, 8.1% higher than a year ago, according to a report from the Federal Reserve Bank of New York. While credit…
Tesla, Banks, Other ‘Trump Trades’ Drew Funds in Q3
From Newsmax Beata Zawrzel/AP Hedge funds piled into bets on financial stocks, Tesla shares and a prison operator in the third quarter, filings showed, ahead of a rally that followed Donald Trump’s victory in the U.S. presidential election. Many of…
Sint Maarten’s Princess Juliana International Airport Recommissioned
The refurbishment of the airport was completed under the Sint Maarten Trust Fund, financed by the Government of the Netherlands and administered by the World Bank Officials unveil plaque Washington D.C., November 14, 2024 – Sint Maarten’s Princess Juliana International Airport…
Cayman Islands Government Dispels Little Cayman Aid Rumours
The Cayman Islands Government is aware of a misleading message circulating on WhatsApp that falsely calls for emergency aid for Little Cayman. As the outer bands of Tropical Depression Nineteen are currently affecting the Cayman Islands, this misinformation has caused…
ALM Law.Com Compass – 2024 GC Compensation Survey
By Ron Dinkins From ALM Legal Intelligence GC Compensation Survey: Review the compensation packages for general counsel at America’s top corporations. Learn how much the highest-paid in-house counsel earn in terms of salary, bonus and non-equity incentive compensation. Learn how…
Cayman: Police Warn of Romance Scams Involving “Andrei Wolfman,”
From RCIPS Police are reminding the public of the dangers of romance fraud/scams, which involve victims being duped into sending money to scammers. The scammers often request money directly from the victim, but in many cases may ask the victim…
Caribbean Market Overview October 2024
Caribbean Economic Overview Summary: Despite the threat of broadening geopolitical and geoeconomic tensions, the global economy remained buoyant in the first half of 2024. Russia’s relentless invasion of Ukraine continued, the Middle East conflict escalated, and signs of increased trade fragmentation among some of the larger economies emerged. Notwithstanding these developments,…
Cayman – REMINDER: Scammers Continue to Target Local Banking Customers
Update (1 November): The RCIPS continues to receive reports of scammers contacting local banking customers claiming to be from a variety of organisations, including banks and credit card and money transfer companies. Most recently, a member of the public fell…
