CIG draws US$393M in local loan funds, invests in US Treasury Notes
The Cayman Islands Government will this month withdraw the remaining US$393 million of a US$403 million “Line of Credit” loan facility executed in December 2020 with a consortium of local banks and simultaneously invest the proceeds in 2-Year US Treasury…
What should gamblers know for a healthy casino experience?
An inappropriate understanding of gaming basic rules and the desire to bet a lot instantly can cause a lot of problems for a punter. Perceiving a typical beneficial strategy for wholesome gambling will allow users to become more familiar with…
GiversPlanet Grand Cayman
Congratulations to last week’s Cash Prize winner! More great prizes! More chances to win! Join us in congratulating last week’s winner!C. Ebanks – Bodden Town, Grand Cayman took home a $100 cash prize at our first weekly drawing on 3…
IMF / Ukraine – Lebanon – Tunisia
The war in Ukraine will overshadow the still incomplete economic recovery from the pandemic the IMF announced in a press briefing today, Thursday March 17, 2022. The IMF is assessing the magnitude of the impact of the war on economic…
IMF / Managing Director’s Remarks on Ukraine
A downward revision of the IMF’s global growth projections is expected next month with the release of the World Economic Outlook during 2022’s Spring Meetings. The IMF’s Managing Director announced today, Thursday March 10th,2022 in a closed virtual press briefing. …
IMF Argentina
The IMF has reached a staff level agreement with Argentina to set that country’s economy on a sustainable and credible path to deal with its international debts, the Fund announced Thursday (March 3) in Washington, DC. The agreement addresses economic…
Dominica’s resilience and sustainable growth to be strengthened by the World Bank
WASHINGTON, June 3, 2022 – The World Bank Board of Executive Directors has approved two loans for Dominica: the Dominica Second Covid-19 Response and Recovery Programmatic Development Policy Credit for US$30 million and the Dominica Disaster Risk Management Development Policy Financing for US$20 million. Both…
When pandemic money talks – democracy walks, Martin
By Melissa Martim The United Nations, The World Health Organization, The World Economic Forum, The Bill and Melinda Gates Foundation, The Rockefeller Foundation, The World Bank, The International Money Fund, The Federal Reserve, the government leaders of myriad countries, and…
Rudolf Weder and Sean Lilley join FTI in the Cayman Islands
FTI Consulting has strengthened its team in the Cayman Islands (a British Overseas Territory) with Rudolf Weder and Sean Lilley, appointed a Managing Director and Director respectively. Both senior leaders join FTI Consulting’s Fund Administration Services practice, which provides fund…
The Cayman Islands Digital Economy Conference returns for its 5th year
The fifth annual Cayman Islands Digital Economy Conference (CYDEC) returns to its in-person format, on 21 June 2022. This year’s theme “Remodelling the future” highlights the status of key local and global digital initia-tives, delivered through presentations and panel discussions…
