By Nicholas Larkin, Bloomberg
The commodities supercycle is probably ending this year as China‚Äôs economic growth slows and the nation focuses less on infrastructure and urbanization, Citigroup Inc. said.
This year will probably signal ‚Äúdeath bells‚ÄĚ for the supercycle, or a longer-than-average period of rising prices, Citigroup said in a report dated yesterday, reiterating similar calls made [...]
By Nicholas Larkin, Bloomberg
‚Ä¶.. he was unable to get access to his vast funds in an offshore account in the Cayman Islands
By Neil Hunter The Northern Echo, UK
The victims of Darlington conman Jonathan Price, who was jailed today, were many and varied. NEIL HUNTER reports
Price met the businesswoman in 2007 – two years before he was jailed [...]
HSA‚Äôs forensic laboratory receives international accreditation
The Cayman Islands Health Services Authority (HSA) is pleased to announce their forensic laboratory has recently received international accreditation for its toxicology testing, making Cayman the first English-speaking island in the Caribbean to receive this high level of recognition.
Mr Alan Glasgow, HSA Forensic Scientist, said that rigorous examination of the [...]
By Jamie Smyth in Dublin and James Fontanella-Khan in Brussels Financial Times
Dublin amended its tax code following lobbying by US industry, reducing the tax burden on multinationals that funnel royalty payments to offshore tax havens, the FT has learnt.
The changes enabled some multinational companies to make royalty payments from their Irish-based operations directly to subsidiaries [...]
Over 100 compete in Purple Dragon Cayman Islands National Karate 2013 Championships
Purple Dragon National Karate 2013 Championship ‚Äď Cayman Islands
The Purple Dragon National Karate 2013 Championships recently took place at the St Ignatious Catholic School. 113 people took part in the tournament with participants coming from Purple Dragon Cayman Head Quarters, Purple Dragon Crewe [...]
7 Fathoms under the Sea: Grand Cayman, Cayman Islands
By Cacinda Maloney, From pointsandtravel
A fathom is 1.8288 meters and is used for measurement, especially measuring the depth of water.¬† So 7 x 1.8288 is 12.9016 meters under the sea (for Americans, that is roughly 42.3 feet).¬† On Grand Cayman Island, they have the most unusual thing [...]
By Tom Kelly From iol scitech
London – A former Google executive on Sunday accused the company of cheating taxpayers out of hundreds of millions of pounds with an ‚Äúimmoral‚ÄĚ tax avoidance scheme.
Barney Jones, 34, described how profits on deals completed in the UK were processed in Ireland, where the corporation tax rate is lower.
The whistleblower, [...]
The Freeport News Grand Bahamas
A 12-member team was selected by the Bahamas Golf Federation (BGF) to represent the country at the upcoming Caribbean Amateur Junior Golf Championships.
The official names were released by BGF President James Gomez who believes the mixed squad will do very well when they tee off against the other countries in the [...]
Maxine Rawlins, a partner at Ernst & Young, will take on the role of chief executive of Hawksford, in 2014 when the incumbent chief executive, Peter Murley, retires.
A partner at Ernst & Young in Jersey, Mrs Rawlins currently leads the Channel Islands Tax Practice and is Head of EMEA Asset Management Tax. Prior to [...]
By Rebecca Christie, Bloomberg Business
Tax havens under European Union jurisdiction hold 9.5 trillion euros ($12 trillion) in global offshore wealth that translates into $100 billion in lost government revenue each year, according to a study released today by Oxfam International.
The U.K. and its dependencies, such as the Cayman Islands and Bermuda, account for about half [...]