Obama cracking down on tax cheats
By Jonah Bennett From Daily Caller Arriving 18 months late on the scene, the Foreign Account Tax Compliance Act (FATCA) came into effect this week in an effort to crack down on tax dodgers funneling money outside the country, the…
It’s clear that the future of Bitcoin is not in the US
By Rob Wile From Business Insider If you’re reading this story in the U.S., you’re probably someone who’s heard a lot about Bitcoin, but doesn’t know anyone who actually owns any. If you’re a European reading this story outside the…
How many Allied/US forces died on ‘’D-Day?”/What does it really mean?
By Carol-Ann Rudy, iNews columnist It is the 70th Anniversary of the D-Day landings on the German controlled Normandy beaches where so many people lost their lives. I have been checking numbers and they are horrifying. Courtesy of Wikipedia: US…
Report: NSA collects millions of images each day for facial recognition
By Kurt Wagner From Mashable Written and audio messages aren’t the only forms of communication the government appears to be gobbling up. The National Security Agency is collecting “huge numbers” of photos from emails, text messages, social media, videoconferences and…
Experts: Carney’s departure comes as press grows more wary of Obama
By Todd Beamon From Newsmax White House press secretary Jay Carney’s resignation capped a tenure that saw the media grow increasingly restless toward President Barack Obama amid of a bevy of scandals, including the controversy that led to Veterans Affairs…
Abuse rising in Caribbean citizenship programme
By Street Hype Report WASHINGTON (CMC) – While economically pressed Caribbean countries are selling citizenship to mostly Middle Eastern, Asian, and Russian applicants as an easy revenue source, reports here says abuse of the programme is on the rise. According…
upside down house
There’s a house in Germany that was built upside down By Pamela Engel This is one of the more unusual tourist attractions we’ve seen — a house that was built completely upside down in Affoldern, Germany. Reuters has photos of…
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iNews Briefs
Major offshore conference begins in Miami From Caribbean Journal The 12th annual OffshoreAlert conference launched Sunday at the Ritz-Carlton South Beach in Miami Beach, Fla. The conference, organized by OffshoreAlert, is the leading event on offshore finance, particularly in the…
A legal overview of M&A in the Cayman Islands and British Virgin Islands
Article by Nick Evans, Suzanne Correy, Michael Gagie and Matthew Gilbert Maples and Calder Against global trends, gradual growth in both the Cayman Islands and the British Virgin Islands (“BVI”) merger and acquisition (“M&A”) activity continued through 2013, led by…
iNews Briefs
Passport security loans in Cayman Officers of the George Town CID are investigating a suspect who has been loaning monies to persons on a high interest rate and holding their passports as security for the loans. When they defaulted on…
