February 13, 2016

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Inter-American Development Bank to hold Annual Meeting in Nassau, The Bahamas

idbOnline media registration is now available for April 7–10 gathering of Latin American and Caribbean leaders
Spotlight on economic challenges, private sector opportunities, urban development, global economic challenges, disaster management

The Inter-American Development Bank Group will hold its Annual Meeting in Nassau, The Bahamas, on April 7-10. Economic and financial leaders from its 48 member countries will discuss key development challenges for Latin America and the Caribbean on issues ranging from the global economic slowdown, private sector investments, energy sector diversification, sustainable urban development, the potential of creative industries, and natural capital as a line of defense against climate change, among others.

Representatives of other development agencies, commercial banks, companies and civil society organizations will also attend the gathering. The event will mark the 57th annual meeting of the IDB Group’s Board of Governors, the Bank’s top decision-making body. Most Governors are ministers of finance or the economy, or central bank presidents.

The IDB Group is made up of the Inter-American Development Bank (IDB), the Inter-American Investment Corporation (IIC) and the Multilateral Investment Fund (MIF). All of the IDB’s private sector operations were recently consolidated into the IIC. The MIF provides donations and resources to foster innovative small-scale projects in the region.

During the event the IDB Group will release its annual macroeconomic assessment of the region’s outlook amidst a difficult global economic environment. A panel discussion of senior officials will discuss the report’s findings and look ahead to fiscal, monetary and other challenges.

The IIC’s new General Manager James P. Scriven will discuss how the Corporation expects to support private sector investments in the region.

The Annual Meeting will feature discussions about the future of cities in the region, given their potential as urban hubs of creativity and innovation, as well as their vulnerabilities to disasters and other challenges. The Government of the Bahamas will showcase its vision for Nassau’s urban sustainability and the Emerging Sustainable Cities. The Nassau program will help protect the city from natural disasters related to climate change, create job opportunities for local residents, and build more inclusive public spaces in Nassau.

Speakers for the various seminars on urbanism include Joan Clos, executive director of the UN Human Settlements Program. The potential of creative industries in cities will be discussed by creative economy expert Lala Dehenzelin, and the international recognized architect Aziza Chaoni.

Using the richness of the region’s natural capital, a panel of experts that include University of West Indies’ Leonard Nurse and Stanford University’s Mary Ruckelshaus will discuss innovative solutions to stabilize shorelines, avoid flooding and protect marine ecosystems.

Members of the news media may register for the event and learn about hotel availability at the Annual Meeting’s website.

About us

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source oflong-term financing for economic, social and institutional development in Latin America and the Caribbean.The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.

About IIC

The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) Group, is a multilateral organization based in Washington, D.C., that is committed to the development of Latin America and the Caribbean through the private sector. As part of its mission, the IIC supports the private sector and state-owned enterprises through financing in the form of loans, equity investments, and guarantees. The IIC also partners with clients to provide advisory and training services.

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Google facing new privacy suit over email scanning

Google campus courtesy photo

Google campus
courtesy photo

By Ross Todd, From The Recorder

SAN FRANCISCO — Google Inc. has brought on lawyers from Cooley to defend the company from claims that it violated a federal privacy statute by intercepting and scanning emails sent by students using its Apps for Education service.

The suit puts Cooley in the familiar position of defending Google’s scanning of emails to serve targeted ads. The firm helped defeat a bid for class certification in 2014 in In re Google Gmail Litigation, 13-2430, a prior suit that accused the company’s ad-matching program of violating various federal and state privacy laws.

Lawyers at Gallo LLP sued Google last month on behalf of four former UC-Berkeley students. According to the complaint, the students used a version of the company’s email service that it offers for free to universities. Although Google said that users’ messages wouldn’t be scanned for advertising purposes, they were, the suit alleges.

“Google’s interception, reading, and interpreting of educational users’ email for advertising purposes was not a necessary or instrumental component of Google’s operation of a functioning email system, nor was it an incidental effect of providing this service,” wrote Gallo’s Ray Gallo in the complaint. The suit claims that Google violated the Electronic Communications Privacy Act which carries statutory damages of $10,000 for each plaintiff or $100 for each day depending on which is higher.

The prior round of Gmail privacy suits survived a defense motion to dismiss before U.S. District Judge Lucy Koh in 2013 who ruled that Google’s practice did not fall under an exemption in federal anti-surveillance laws for activities conducted by communications service providers in the “ordinary course of business.”

However, plaintiffs’ claims fizzled after the judge denied class certification the following year, finding that she would have to determine how much each Gmail user knew about the company’s practices to determine whether they consented to the scanning. Koh also declined to certify a class of Google Apps for Education email users since disclosure at schools ranged from specific to vague, making the consent issue too murky for class treatment.

Although the new complaint isn’t styled as a class action, Gallo identifies 10 schools in addition to UC-Berkeley that the firm says made explicit assurances that Google would not scan users’ emails for advertising purposes. In an email message Friday, Gallo said that he anticipates bringing claims on behalf at other individuals at other schools, but that he likely won’t seek class certification.

Cooley’s Michael Rhodes declined to comment. A spokesperson for Google didn’t immediately respond to an email message.

For more on this story go to: http://www.therecorder.com/id=1202749052998/Google-Facing-New-Privacy-Suit-Over-Email-Scanning#ixzz3zhpoAVr1

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Final 20-Player Rosters Announced for the CONCACAF Women’s Olympic Qualifying Championship Texas 2016

88vNlhxcTournament kicks off in Dallas on February 10

Miami  – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) made public today the official rosters for the eight Participating Member Associations in the CONCACAF Women’s Olympic Qualifying Championship Texas 2016, to be played from February 10-21, in Dallas and Houston, TX, USA.

The CONCACAF Women’s Olympic Qualifying Championship Texas 2016 will qualify two teams directly to the 2016 Women’s Olympic Football Tournament. 

Toyota Stadium in Dallas will host all Group A matches, while BBVA Compass Stadium in Houston will host all Group B matches, the semifinals and the final. 

The Championship will be televised across the region, including coverage on NBC Sports in English and Telemundo in Spanish, in the United States. For the exact schedule of matches to be broadcast, please check your local listings. 

CONCACAF Women’s Olympic Qualifying Championship Texas 2016 Final 20-Player Rosters

*Listed in alphabetical order

CANADA

GK (3) –  Sabrina D’Angelo (Western New York Flash /USA); Stephanie Labbe (Washington Spirit /USA); Erin McLeod (Unattached);

DF (5) – Josée Belanger (Orlando Pride /USA); Kadeisha Buchanan (West Virginia University/USA); Allysha Chapman (Houston Dash /USA); Rhian Wilkinson (Unattached); Shelina Zadorsky (Washington Spirit/USA);

MF (6) – Jessie Fleming (London Nor’West SC/CAN); Ashley Lawrence (West Virginia University/USA); Diana Matheson (Washington Spirit /USA); Rebecca Quinn (Duke University/USA); Sophie Schmidt (FFC Frankfurt/GER); Desiree Scott (Unattached);

FW (6) – Janine Beckie (Houston Dash /USA); Gabrielle Carle (Dynamo de Québec/CAN); Nichelle Prince (Ohio State University/USA); Deanne Rose (Scarborough GS United/CAN); Christine Sinclair (Portland Thorns FC /USA); Melissa Tancredi (Unattached);

COSTA RICA

GK (3) – Dinnia Díaz (Moravia/CRC); Yuliana Salas (Moravia/CRC); Yalitza Sánchez (UCEM/CRC)

DF (7) – Mariana Benavides (Moravia/CRC); Daniela Cruz (Estrella Roja /SRB); Gaby Guillén (Saprissa FF/CRC); Lixy Rodríguez (Santa Teresa CD/ESP); Diana Sáenz (University of South Florida/USA); Carol Sánchez (Moravia/CRC); Fabiola Sánchez (Martin Methodist College/USA);

MF (5) – Wendy Acosta (UD Granadilla/ESP); Katherine Alvarado (Saprissa FF/CRC); Shirley Cruz (Paris Saint-Germain/FRA); Cristin Granados (Moravia/CRC); Gloriana Villalobos (Saprissa FF/CRC);

FW (5) – María Fernanda Barrantes (Moravia/CRC); Melissa Herrera (Moravia/CRC); Raquel Rodríguez (Sky Blue FC/USA); Carolina Venegas (Madrid FF/ESP); Karla Villalobos (Moravia/CRC);

GUATEMALA

GK (3) – Yoselin Franco (UNIFUT/GUA); Alicia Navas (Jutiapanecas/GUA); Natalie Schaps (Pares/GUA);  

DF (6) – Gloria Aguilar (UNIFUT/GUA); Londy Barrios (Xelaju/GUA); Didra Martinez (Xelaju/GUA); Kellin Mayen (UNIFUT/GUA); Coralia Monterroso (University of New Brunswick/CAN); Christian Recinos (Grand Canyon University/USA); 

MF (5) – Daniela Andrade (Unattached); Alida Argueta (Xelaju/GUA); Fabiola Gonzalez (Xelaju/GUA); Andrea Rabanales (UNIFUT/GUA); Marilyn Rivera (UNIFUT/GUA);

FW (6) – Diana Barrera (ACF Torino USA/USA); Celeste Gatica (UNIFUT/GUA); Vivian Herrera (UNIFUT/GUA); Waleska Ixcuna (Quiche/GUA); Ana Lucia Martinez  Martinez (Rayo Vallecano Femenino/ESP); Jennifer Muñoz (Martin Methodist College/USA);

GUYANA

GK (3) – Derienne Busby (University of Evansville/USA); Ruth George (Lil Diva’s FC/GUY); Chante Sandiford (UMF Selfoss/ISL);  

DF (8) – Briana DeSouza (Durham United FC/CAN); Kayla DeSouza (Durham United FC/CAN); Julia Gonsalves (University of Toronto/CAN); Kailey Leila (Unattached); Kelly Pelz-Butler (Unattached);

Leah-Marie Ramalho (Toronto Rangers SC/CAN); Justine Rodrigues (Unattached); Bria Williams (Vaughan SC/CAN); 

MF (7) – Dana Marie Bally (York University /CAN); Mariam El-Masri (GS United/CAN); Olivia Gonsalves (University of Toronto/CAN); Alison Heydorn (Ann Arbor United SC/USA); Brittany Persaud (Unattached); Ashley Rodrigues (Tampa Bay Hellenic/USA); Ashlee Savona (Unattached);

FW (2) – Otesha Charles (Unattached); Calaigh Copland (Woodbridge Strikers SC/CAN); 

MEXICO

GK (3) – Esthefanny Barreras (Eastern Florida State College/USA); Bianca Henninger (Houston Dash/USA); Cecilia Santiago (Apollon Limassol/CYP);  

DF (7) – Greta Espinoza (Oregon State University/USA); Janelly Farias (Unattached); Monica Flores (University of Notre Dame/USA); Alina Garciamendez (Unattached); Annia Mejia (University of California/USA); Valeria Miranda (UNAM/MEX); Arianna Romero (Washington Spirit/USA);

MF (5) – Karla Nieto (Leonas Morelos/MEX); Teresa Noyola (Tottenham Hotspur East Bay/USA); Monica Ocampo (Unattached); Veronica Perez (Canberra United/AUS); Nayeli Rangel (Unattached);

FW (5) – Maribel Dominguez (Unattached); Katlyn Johnson (University of Southern California/USA); Desiree Monsivais (BIIK Kazygurt/KAZ); Tanya Samarzich (University of KentuckyUSA); Paloma Zermeño (City College of San Francisco/USA); 

PUERTO RICO

GK (3) – Maria Guerrero (High Performance/PUR); Karly Gustafson (Winthrop University/USA); Sandra Rolon (Romano FC/PUR);  

DF (5) – Adriana Font (Challenegers FC/PUR); Kelley Johnson (Unattached); Ashley Rivera (Romano FC/PUR); Delyaliz Rosario (Romano FC/PUR); Mirianee Zaragoza (Aguilas de Añasco/PUR);

MF (9) – Victoria Barris (Quickstrike FC/USA); Alejandra Carrion (Gurabo FC/PUR); Stephanie Colon (Unattached); Viviana Fiol (Unattached); Annie Lee Mendez (Bayamon FC/PUR); Selimar Pagan (Bayamon FC/PUR); Noelia Reyes (Bayamon FC/PUR); Nicole Rodriguez (Durham/ENG); Laura Suarez (Romano FC/PUR);

FW (3) – Angela Diaz (Caribbean Stars/PUR); Ashley Johnson (Unattached); Karina Socarras (Bayamon FC/PUR);

TRINIDAD & TOBAGO

GK (3) – Shalette Alexander (Wiley College/USA); Saundra Baron (Unattached); Kimika Forbes (Unattached);

DF (5) – Danielle Blair (GS United/CAN); Jenelle Cunningham (Real Dimension/TRI); Liana Hinds (University of Connecticut/USA); Arin King (GS United/CAN); Anastasia Prescott (Unattached);

MF (10) – Maylee Attin-Johnson (Central FC/TRI); Kennya Cordner (Unattached); Khadidra Debesette (West Texas A&M University/USA); Karyn Forbes (West Texas A&M University/USA); Janine Francois (Real Dimension/TRI); Naomi Guerra (St Augustine Secondary/TRI); Ahkeela Mollon (La brea Amgels/TRI); Tasha St Louis (St Ann’s FC/TRI); Victoria Swift (Navarro College/USA); Kayla Taylor (Wiley College/USA);

FW (2) – Jo Marie Lewis (St Ann’s FC/TRI); Mariah Shade (US Rouvroy/FRA);

USA

GK (3) – Ashlyn Harris (Orlando Pride/USA); Alyssa Naeher (Chicago Red Stars/USA); Hope Solo (Seattle Reign FC/USA);  

DF (7) – Jaelene Hinkle (Western New York Flash/USA); Julie Johnston (Chicago Red Stars/USA); Meghan Klingenberg (Portland Thorns FC/USA); Ali Krieger (Washington Spirit/USA); Kelley O’Hara (Sky Blue FC/USA); Becky Sauerbrunn (FC Kansas City/USA); Emily Sonnett (Portland Thorns FC/USA);

MF (5) – Morgan Brian (Houston Dash/USA); Tobin Heath (Portland Thorns FC/USA); Lindsey Horan (Portland Thorns FC/USA); Carli Lloyd (Houston Dash/USA); Samantha Mewis (Western New York Flash/USA);

FW (5) – Crystal Dunn (Washington Spirit/USA); Stephanie McCaffrey (Boston Breakers/USA); Alex Morgan (Orlando Pride/USA); Christen Press (Chicago Red Stars/USA); Mallory Pugh (Real Colorado/USA);

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CUC announces declaration of dividend on Class A Ordinary Shares

Screen Shot 2016-02-08 at 10.51.29 AMCARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE.

Grand Cayman, Cayman Islands- Caribbean Utilities Company, Ltd. (TSX:CUP.U) (“CUC” or “the Company”) announced today that the Board of Directors has declared a dividend of US$0.165 per Class A Ordinary Share, or an annualized dividend of US$0.66 per share. The dividend will be payable March 15, 2016 to shareholders of record March 2, 2016.

CUC provides electricity to Grand Cayman, Cayman Islands, under a non-exclusive Electricity Generation Licence expiring in 2039 and an exclusive Electricity Transmission and Distribution Licence expiring in 2028. Further information is available at www.cuc-cayman.com.

Caribbean Utilities Company, Ltd. (“CUC” or “the Company”), on occasion, includes forward-looking statements in its media releases, Canadian securities regulatory authorities filings, shareholder reports and other communications. Forward-looking statements include statements that are predictive in nature, depend upon future events or conditions, or include words such as “expects”, “anticipates”, “plan”, “believes”, “estimates”, “intends”, “targets”, “projects”, “forecasts”, “schedule”, or negative versions thereof and other similar expressions, or future or conditional verbs such as “may”, “will”, “should”, “would” and “could”. Forward- looking statements are based on underlying assumptions and management’s beliefs, estimates and opinions, and are subject to certain risks and uncertainties surrounding future expectations generally that may cause actual results to vary from plans, targets and estimates. Such risks and uncertainties include but are not limited to operational, general economic, market and business conditions, regulatory developments and weather conditions. CUC cautions readers that actual results may vary significantly from those expected should certain risks or uncertainties materialize or should underlying assumptions prove incorrect. Forward-looking statements are provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by law.

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Bob Marley Launches Cannabis Line

Bob-Marley-Cannabis-Marley-Natural-2-768x531From South Florida Caribbean News

LOS ANGELES – Marley Natural, the official Bob Marley cannabis brand, today debuted a broad-based collection of cannabis and lifestyle products designed with deep respect for Bob Marley’s legacy and belief in the positive potential of the herb to heal and inspire us.

“We are fortunate to be living during a promising time of positive change, especially with regard to cannabis and how people understand it. My dad would be so happy to see so many people appreciating the natural, healing power of the herb. We are thrilled to be sharing Marley Natural products with the world just in time for his 71st birthday,” said Cedella Marley, Bob Marley’s daughter.

Bob-Marley-Cannabis-LineBob Marley Marley Natural’s inaugural product line includes:

Four categories of all-natural, locally-sourced, sun-grown cannabis flower and oil;
A naturally-derived line of body care products that blend the moisturizing power of hemp seed oil with Jamaican botanicals; and
A collection of smoking, storage and preparation accessories made from sustainably grown American Black Walnut wood and heat-resistant, hand-blown glass.
Sun-Grown Cannabis Flower and Oil

Sun-Grown Cannabis Flower and Oil

Bob Marley Cannabis Marley Natural (2)

Marley Natural cannabis flower and oil are hand-selected from local farms run by experienced growers committed to sustainable growing practices. Sun-grown, natural and untainted by harmful pesticides, chemicals or fertilizers, all Marley Natural products are tested and clearly labeled for potency, purity and safety.

Bob-Marley-Cannabis-Marley-NaturalInitially available exclusively in California, distribution of Marley Natural cannabis flower and oil will expand to other U.S. states where cannabis is legal in 2016 and internationally in 2017. Marley Natural cannabis flower and oil are available in four categories, each featuring different strains depending on harvest availability:

Marley Green features hybrid strains recommended for people beginning their journey with Marley Natural. Marley Green strains have balanced levels of THC that combine the cerebral effects of sativa with the physical relaxation of indica. Marley Green strains are appropriate for anytime use.

Marley Gold features sativa strains that offer energetic, uplifting effects that may produce a more cerebral experience compared to other cannabis strains. Marley Gold strains are appropriate for daytime use.

Marley Red features CBD-rich strains that combine CBD and THC in a beneficial ratio. CBD-rich cannabis is frequently reported to provide patients and consumers with anti-inflammatory, analgesic and anti-anxiety properties without the psychoactive effects of strains high in THC. Marley Red strains are appropriate for anytime use.

Marley Black features indica strains recommended for connoisseurs seeking a more physical, full-body experience. Marley Black strains are high in THC and appropriate for nighttime use.

Naturally-Derived Hemp Seed Body Care Infused with Jamaican Botanicals

For more on this story go to: http://sflcn.com/bob-marley-launches-cannabis-line/

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Century Announces Filing of Third Quarter Results and Completion of Continuation to the Cayman Islands

img_slider_CGCC-logo-wide-1140x350TORONTO, ONTARIO–(Marketwired – Feb. 5, 2016) – Century Global Commodities Corporation (TSX:CNT), formerly Century Iron Mines Corporation (TSX-FER) (“Century” or the “Company”), is pleased to announce that it has filed its condensed consolidated interim financial statements for the third fiscal quarter ended December 31, 2015 and the related management’s discussion and analysis (“MD&A”) on SEDAR. Copies of these documents will also be posted on Century’s website at www.centuryglobal.ca.

At the corporate level, the Company reported substantial corporate working capital of $36.5 million, comprised of $25.2 million in cash and bank deposits and $12.4 million in net receivables (primarily from its joint ventures) that are not tied to any iron ore project development. In addition, the Company reported a cash and bank balance of $15.0 million in Labec Century, a joint venture with WISCO International Resources Development & Investment Limited (“WISCO”).

The Company is also pleased to report that effective February 1, 2016, it completed its continuation from British Columbia to the Cayman Islands (the “Continuation”). This Continuation received near unanimous support from Century’s shareholders at the special meeting of shareholders held on December 16, 2015. Century is now governed by the Companies Law (2013 Revision) of the Cayman Islands, and the Memorandum and Articles of Association that now comprise the primary charter document for the Company have been filed on SEDAR. The Continuation complements the Company’s current business plan of expanding its business activities in scope and geography and is expected to provide the Company with the flexibility to undertake activities outside Canada through a more internationalized corporate structure.

The Continuation was concluded in compliance with TSX policies, and at an effective date that will be announced by the TSX, the ISIN and CUSIP numbers for the Company’s shares will change. Shareholders of the Company desiring to exchange certificates for their pre-continuation common shares of the Company with certificates reflecting the ordinary shares of the post-continuation Cayman Islands Company may do so by contacting their financial advisors or the Company.

Further to Century’s continuation, the Company’s principal headquarters will now be located at Unit 304, 3/F, Wing On Plaza, 62 Mody Road, Tsim Sha Tsui, Kowloon, Hong Kong. The Company’s wholly owned Canadian subsidiary, Century Iron Ore Holdings Inc., will continue to maintain its headquarters at 200 University Ave, Suite 1301, Toronto, Ontario.

About Century

Century is an exploration and development company with significant properties in the prolific Labrador Trough in Québec, Newfoundland and Labrador, as well as the James Bay area of Québec. Century has two key strategic partners, WISCO and Minmetals, both Chinese state-owned enterprises. Each provides financial resources and technical expertise to assist the Company in advancing its projects. Century’s most advanced project is the Joyce Lake DSO project, a joint venture with WISCO located close to Schefferville, Québec. Century owns 60% in the joint venture and WISCO owns 40%. It is planned as a 2.5 million tonne per annum direct shipping iron ore project. A feasibility study was completed in March 2015. After discovery and identification of multi-billion iron resources in the past few years, the Company is evolving in a diversified strategic direction. In addition to iron ore development, Century is committed to exploring and evaluating global opportunities outside of the iron ore market, such as the non-ferrous sector and the food industry, to create shareholder value through the efficient allocation of capital resources. Century’s website is www.centuryglobal.ca.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

THIS PRESS RELEASE CONTAINS “FORWARD-LOOKING INFORMATION” WITHIN THE MEANING OF CANADIAN SECURITIES LEGISLATION. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF CENTURY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. FORWARD-LOOKING INFORMATION INCLUDES INFORMATION THAT RELATES TO, AMONG OTHER THINGS, CENTURY’S INTENTION TO EVALUATE PROSPECTIVE TRANSACTIONS ARISING FROM THE REVIEW BY CENTURY OF ITS STRATEGIC OPTIONS AND ITS AVAILABLE WORKING CAPITAL. FORWARD-LOOKING INFORMATION IS BASED ON, AMONG OTHER THINGS, OPINIONS, ASSUMPTIONS, ESTIMATES AND ANALYSES THAT, WHILE CONSIDERED REASONABLE BY CENTURY AT THE DATE THE FORWARD-LOOKING INFORMATION IS PROVIDED, ARE INHERENTLY SUBJECT TO SIGNIFICANT RISKS, UNCERTAINTIES, CONTINGENCIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS AND EVENTS TO BE MATERIALLY DIFFERENT FROM THOSE EXPRESSED OR IMPLIED BY THE FORWARD-LOOKING INFORMATION. THE RISKS, UNCERTAINTIES, CONTINGENCIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY THE FORWARD-LOOKING INFORMATION MAY INCLUDE, BUT ARE NOT LIMITED TO, RISKS GENERALLY ASSOCIATED WITH CENTURY’S BUSINESS, AS DESCRIBED IN CENTURY’S ANNUAL INFORMATION FORM FOR THE YEAR ENDED MARCH 31, 2015. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE CENTURY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.
Century Iron Ore Holdings Inc., a subsidiary of
Century Global Commodities Corporation
Robin Cook
Director, Corporate Development
416-977-3188, ext. 109
robin.cook@centuryglobal.caThis email address is being protected from spambots. You need JavaScript enabled to view it.”>

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

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Drones banned near all Cayman Islands airports

DJ1 Phantom Quadcopter Drone in flight - September 2014 Photo by: Paul Mayall/picture-alliance/dpa/AP Images

DJ1 Phantom Quadcopter Drone in flight – September 2014 Photo by: Paul Mayall/picture-alliance/dpa/AP Images

Directions to restrict operations of SUAs in the Cayman Islands

Published 2nd February 2016,
The Civil Aviation Authority of the Cayman Islands, under the provisions contained in Articles 4 and 6 of the Air Navigation (Overseas Territories) Order 2013 [AN(OT)O 2013], has issued a Direction to restrict the use of small unmanned aircraft in the vicinity of Owen Roberts International Airport, Charles Kirkconnell International Airport and Edward Bodden Aerodrome to mitigate the risk of collision between manned and unmanned aircraft. In addition, the same Direction establishes a restricted zone around HM Prison Northward to improve the security of its perimeter. The Direction comes into force on 1st February 2016.

Small Unmanned Aircraft (SUA) or Small Unmanned Surveillance Aircraft (SUSA) are terms used in the AN(OT)O 2013 to describe what are more popularly known as Drones, UAVs, quadcopters and similar small unmanned aircraft. For the purposes of the proposed Direction “unmanned aircraft means any unmanned aircraft.

The effect of the Direction is that a three nautical mile zone will be established extending out from the perimeter of:

Owen Roberts International Airport (Grand Cayman);
Charles Kirkconnell International Airport (Cayman Brac);
Little Cayman Aerodrome / Edward Bodden Airfield. (Little Cayman). Within the established zones, as identified on the accompanying maps, no unmanned aircraft will be permitted to fly without a Permission issued by the Director-General of Civil Aviation and the specific consent of the appropriate air traffic control authority.
In addition, a one nautical mile zone, extending out from the perimeter of Northward Prison will be established to enhance the security of the facility. Within the established zone no SUA will be permitted to fly without a Permission issued by the Director-General of Civil Aviation and the Director of Prisons.

The need for these restrictions arises from the explosion in the international sales of unmanned aircraft generated by the advent of miniaturized technology, light-weight materials and cheap manufacturing processes which make them a very affordable commodity. They are purchased and operated as toys rather than aircraft, often without due regard to the possible consequences of flying them in the very confined environment of an island community reliant upon its aviation links for both survival and development.

Recent reports suggest that there has been a significant increase in the use of small unmanned aircraft, particularly in the vicinity of Owen Roberts International Airport, the hub of the Cayman Islands aviation industry. Consequently, the risk of an incident or accident caused by the impact of an SUA with a conventional aircraft or its ingestion by a jet engine increases proportionally.

Although there has yet to be an incident between an aircraft and a small unmanned aircraft in Cayman Islands airspace, there are an increasing number of reported incidents elsewhere, both in the US and Europe resulting in “near misses”. Rather than risk a potential incident, the Civil Aviation Authority of the Cayman Islands (CAACI) believes that, in the interest of safety and security, it is appropriate to issue this Direction.

Individuals who contravene the Direction issued by the Director-General are liable to prosecution. The power to enforce Directions is stipulated in Article 183 of the Order and the penalties for contravention in Article 185 of the Order.

CAACI Contact:

Director of Air Navigation Services Regulation, Alastair Robertson

Alastair.robertson@caacayman.com

3 Nautical Mile Buffer Radius of Airport, Grand Cayman
3 Nautical Mile Buffer Radius of Airport, Grand Cayman
1 Nautical Mile Buffer Radius of Northward Prison
1 Nautical Mile Buffer Radius of Northward Prison
3 Nautical Mile Buffer Radius of Airport, Cayman Brac
3 Nautical Mile Buffer Radius of Airport, Cayman Brac
3 Nautical Mile Buffer Radius of Airport, Little Cayman
3 Nautical Mile Buffer Radius of Airport, Little Cayman

SOURCE: http://www.caacayman.com/portal/page/portal/caahome/pressroom/Press%20Releases%202016/Directions%20to%20restrict%20operations%20of%20SUAs%20in%20the%20Cayman%20Islands

IMAGE: www.wired.com

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Cayman Islands Road closures announced/Tropicana Watermelon Lemonade recalled

RCIPS announce road closures on Grand Cayman

Tue, Feb 2, 2016 at 12:39 PM

Bodden Town Road Eastbound Closed Tomorrow, 3 February
Please note that Water Authority – Cayman will need to close the eastbound lane of Bodden Town Road from 9:00am to 12:00pm tomorrow (Wednesday, 3 February).

The eastbound lane of Bodden Town Road will be closed between the intersection with Condor Road and the intersection with Anton Bodden Drive by the cemetery. All eastbound motorists will be diverted via Anton Bodden Drive during this time. This partial closure is necessary to facilitate the connection of residents and businesses to a temporary service line while Phase II of the Bodden Town Pipeline Project is underway.

Cayman Mardi Gras Road Closures, 8-10 February Inbox

Tue, Feb 2, 2016 at 12:31 PM

Please be advised of the following road closures for next week’s Cayman Mardi Gras festivities:

Monday, 8th February – Mardi Gras Marketplace Festival

Fort Street Closed (From Jxn with Albert Panton to North Church) from 9AM to 3PM

Food Festival Event

Bayshore Mall between Warwick and Goring closed from 6:00PM to 12:00AM

Tuesday, 9th February — Mardi Gras Marketplace Festival

Fort Street Closed (From Jxn with Albert Panton to North Church) from 9AM to 3PM

Mardi Gras Fat Tuesday Concert

Bayshore Mall between Warwick and Goring closed from 7PM – 6AM

Wednesday, 10th February – Mardi Gras Ash Wednesday

Harbor Drive (in front of Margaritaville) closed from 9AM – 11:45PM

 

Tropicana Watermelon Lemonade recalled

From Foster’s Food Fair

Foster’s Food Fair-IGA would like to announce that Tropicana Products, Inc. has voluntarily issued a recall on Tropicana Watermelon Lemonade due to the product not meeting quality standards.

Foster’s Food Fair-IGA locations do carry Tropicana Watermelon Lemonade; however none of our locations have received any of the specific products recalled.

Please see details on recalled product:

Screen Shot 2016-02-01 at 8.35.31 PM

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Cayman Enterprise City gets planned area development approved for new George Town campus

SPECIAL-ECONOMIC-ZONE-BEING-DEVELOPED-IN-GEORGE-TOWN-CAYMAN-ISLANDSBy Peter Buxbaum From Global Trade

Special Economic Zone Will Showcase Green Building and Sustainability

Cayman Enterprise City is seeking to attract maritime services companies that handle shipments of export cargo and import cargo in international trade.
Cayman Enterprise City is a special economic zone focused on knowledge-based, technology, and services companies.
Cayman’s benefits include exemptions from corporate tax, income tax and capital gains tax.
Concessions are designed to attract internet, media, biotech, commodities, and maritime companies to Cayman.

With zoning approval from the Central Planning Authority on its land use, Cayman Enterprise City is moving ahead with plans to begin construction of its permanent campus in Greater George Town area. The campus will be built on a 70-acre site that the development group acquired after an exhaustive search.

The Cayman Enterprise City Master Plan encompasses individual Class A beautifully designed commercial buildings that will house companies from various sectors, a main boulevard and boardwalk, set around a 10-acre lake and a flowing waterway to circulate lake water.

“This property is ideal and the best suited site for our campus,” said chief development officer and architect Cindy O’Hara. “It provides for a larger pallet of experience, a city center, lakeside water frontage, and mixing high tech office space with wellness in an eco-friendly environment.”

Cayman Enterprise City is a special economic zone in the Cayman Islands focused on knowledge-based industries, technology companies and specialized services businesses. With a dedicated government authority and guaranteed fast-track processes, international companies can quickly and efficiently establish a genuine physical presence in Cayman. This enables businesses take advantage of Cayman’s benefits, which include exemptions from corporate tax, income tax and capital gains tax, along with a series of special zone concessions and incentives. These concessions were designed to attract international companies from five specific high-tech sectors: internet and technology, media and new-media ventures, biotechnology and life sciences, commodities and derivatives, and maritime services.

O’Hara, who co-developed the plan, added that every aspect of the environment has been carefully considered, and that the development team reached out to the Department of the Environment to involve them early in the process.

“We’ve embraced the new National Conservation Law approved by the government, and we are very excited about working with the Department of Environment to create an eco-community focused on business that includes a Caymanian habitat and harmonious environment that promotes well-being,” she said.

O’Hara conducted several intensive years of research to create the perfect workplace environment for CEC’s zone companies, studying zones and tech hubs around the world including the new Google and Apple campuses, to get inspiration. The mix-use commercial center will be focused on high-tech co-working business communities, serviced offices, and brand cultures. The Innovation Centre/City Hub will house the CEC headquarters and business center.

With construction of the new 850,000 square foot mixed use campus, Cayman Enterprise City expects to add greatly to Cayman’s economy over the coming years. CEC is in the process of preparing planning applications for the two Gateway office buildings in phase one, and a ground breaking will be scheduled as soon as the applications are approved. O’Hara said construction of the project will be done in phases, in tandem with the growth of Cayman Enterprise City’s growing sales pipeline.

The development team plans for phase one to be completed by fall 2018, subject to the government completing the access road on schedule and phase two completed in stages over the next ten to twelve years. The existing 180 zone companies which are currently housed in interim zone buildings in central George Town will move into the first and second buildings of phase one.

For more on this story go to: http://www.globaltrademag.com/global-trade-daily/news/cayman-enterprise-city-gets-planned-area-development-approved-for-new-george-town-campus

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e-Shang and the Redwood Group announce strategic merger

e-Shang Shanghai Friends Park (PRNewsFoto/Redwood Group Asia)

e-Shang Shanghai Friends Park (PRNewsFoto/Redwood Group Asia)

Creates Foremost Pure-play Pan-Asia Logistics Real Estate Platform

SHANGHAI, SINGAPORE and TOKYO, Jan. 22, 2016 /PRNewswire/ — Two of the leading developers, owners and operators of logistics real estate in Asia, e-Shang Cayman Ltd (“e-Shang”) and the Redwood Group Asia, Pte. Ltd. (“Redwood”), announced today that the two companies have completed an all-stock merger. Upon completion of the merger, the combined group will be renamed e-Shang Redwood (“ESR”) and will represent one of the largest logistics real estate platforms in Asia with over 3.5 million square meters of projects owned and under development across China, Japan and South Korea, and capital and funds management offices in Hong Kong and Singapore.

On a combined basis, ESR will also immediately have (i) one of the largest development pipelines in each of its markets of operation (totaling approximately 8 million square meters), (ii) leading MNC tenants including Amazon, JD.com, 1haodian, H&M, Carrefour, DB Schenker, Daimler, Askul, and others and (iii) a well-diversified, blue-chip institutional capital partner base including but not limited to APG, PGGM, CPPIB, Morgan Stanley and Goldman Sachs.

e-Shang, founded in 2011 by global private equity firm Warburg Pincus and two highly successful Chinese real estate entrepreneurs, develops institutional-quality warehouses in China and South Korea. Since its inception, e-Shang has grown rapidly and currently has over 2 million square meters of modern logistics warehouses in operation and under development that cater to third-party logistics providers, retailers and e-commerce companies in China. Today, e-Shang is the largest third-party landlord for the leading e-commerce companies as well as for cold-chain logistics, and it has emerged as one of the top owners of modern warehouses across China.

To fund its growth, e-Shang has previously raised capital from its co-founder Warburg Pincus and other world-class investors including Goldman Sachs, APG and CPPIB. In 2014, e-Shang entered the South Korean market, partnering with two experienced local entrepreneurs to build out Kendall Square Logistics Properties and currently has over 600,000 square meters of projects under development and a pipeline of over 1.0 million square meters. In November, e-Shang announced the creation of a US$500 million joint venture with APG and CPPIB to build out its large pipeline in the Korean market.

Founded in 2006 by Stuart Gibson and Charles de Portes, Redwood is a specialized logistics real estate firm with recognized knowledge and experience that includes in-house development, leasing and asset management with 1.2 million square meters in operation and under development and a large pipeline in the most prime locations across China and Japan.

Redwood’s founders are considered pioneers in the development of institutional-quality warehouses in Asia, having founded both Prologis and AMB platforms in Japan in 1999 and 2003, respectively, and have executed more than US$4 billion of logistics real estate investments in the region since the late 1990s. With acceleration of the growth in Redwood’s business, the founders took on Equity International (“EI”) as a strategic partner in 2013. EI is a leading emerging markets real estate fund chaired and sponsored by Sam Zell. Redwood also secured other large fund and project-level investment partners including PGGM, Morgan Stanley, PAG and CBRE.

Jeffrey Shen, co-founder and CEO of e-Shang, and Stuart Gibson, co-founder and CEO of Redwood, will serve as co-CEOs of the combined company. In addition to the co-CEOs, Sun Dongping (co-founder and Chairman of e-Shang) and Charles de Portes (co-founder of Redwood who will serve as President of ESR) will comprise a 4-member executive committee that will focus on developing ESR’s large pipeline and business initiatives across Asia while continuing to grow its broader team and global capital relationships. The respective best-in-class senior management teams in each country will remain in place to execute the day-to-day operations from offices in Shanghai, Guangzhou, Hong Kong, Tokyo, Osaka, Seoul and Singapore.

Mr. Shen commented: “The long-term demand for modern warehousing is significant and our vision is to be a ‘client-first’ platform with the goal of identifying and delivering integrated logistics warehousing solutions across Asia Pacific for our clients. The partnership with Redwood will add significant AUM, pipeline and equity relations as well as management and operational expertise to the team and I look forward to working closely with the Redwood founders to take the merged company to the next level as the leading real estate logistics player in the region.”

Mr. Sun added: “Both e-Shang and Redwood have built best-in-class platforms in their respective markets and we believe strongly in the potential for the combined company. I would like to personally welcome Stuart, Charles and the larger Redwood family.”

Upon completion of the merger, e-Shang and Redwood will have complementary and differentiated geographic footprints to cater to the needs of leading e-commerce players, modern retailers and third-party logistics players in China, Japan and South Korea. The merger will provide enhanced operational capabilities and business relationships resulting in better service and added value to clients and investors.

Mr. Gibson and Mr. de Portes made a joint statement: “We are excited to partner with the teams at e-Shang, securing a market-leading position from which to offer our clients best-in-class services across Asia and a strong platform for future growth.”

Jeffrey Perlman, Managing Director at Warburg Pincus, added: “We continue to strive to build the preeminent logistics platform in Asia and the merger will yield significant benefits for the combined group with enhanced integrated capabilities, deeper capital relationships and greater scale in advance of a targeted IPO.”

The rapid growth in e-commerce, greater supply chain efficiencies and consolidation by third-party logistics providers are the major drivers for the growing demand of modern logistics real estate players such as e-Shang and Redwood. The industry estimates that the online retailing sector alone will grow at a CAGR of 31% from 2015 to 2018 in China, 11.3% for Japan and 9.2% in South Korea.

About e-Shang

e-Shang, headquartered in Shanghai, China, is a fully integrated development and investment management business with expertise in a wide real estate spectrum in Asia. e-Shang was co-founded by global private equity firm Warburg Pincus and two Chinese entrepreneurs in 2011, and was invested by the Dutch pension fund asset manager APG Asset Management N.V. in May 2014. Since inception, e-Shang has grown rapidly and currently has 20 e-commerce, retail, cold distribution centers and projects totaling over 2.3 million square meters in operation and under development in China and South Korea. For more information on e-Shang, please visit http://en.e-shang.com.cn/

About The Redwood Group

Redwood, founded in 2006 by Charles de Portes and Stuart Gibson, is operated by senior local professionals in Singapore, Japan and China. Redwood, along with its preeminent global institutional investor partners, invests in, develops and manages logistics real estate in the largest metropolitan areas of Asia most tied to and growing fastest with global trade. Additional information about Redwood may be found at: www.redwoodgroup.com.

IMAGES:
e-Shang Shanghai Friends Park
Redwood Osaka Nanko Distribution Park

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