June 21, 2018

Archives for March 6, 2018

Canadian cannabis producers receive millions from offshore tax havens

By Eric Sandy and Melissa Schiller From Cannabis Business Times As the country’s licensed producers make big moves in the financial sector, a large part of their funding comes from anonymous investors in well-known tax havens like the Cayman Islands, Bahamas and more. Canada’s adult-use cannabis market is expected to be fully operational by this […]

Emergency Notification System to become a reality in the Cayman Islands

GRAND CAYMAN, CAYMAN ISLANDS; 5 March 2018 OfReg, and the Department of Hazard Management have joined forces to structure a plan for an effective emergency notification system (ENS) for the Cayman Islands. A discussion paper has been issued by OfReg today for public consultation and is available at ofreg.ky/consultations. The proposed plan includes the use […]

Cayman Islands Off the Beaten Track runners conquer most difficult course to date

The participants of the 9th annual Off the Beaten Track 50 kilometer ultramarathon and relay took on and conquered the toughest course to date on Sunday February 28 2018. This year’s race started at Tiki Beach and finished at Smith Cove, took runners down parts of Seven Mile Beach, over ironshore and through the backroads, […]

Cayman Islands: Greenlight Capital Re, Ltd. launches innovation unit

GRAND CAYMAN, Cayman Islands, March 06, 2018 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced the launch of Greenlight Re Innovations, its new innovation unit.  The unit will be headed by Greenlight Re’s Chief Operating Officer […]

The Editor Speaks: The unsafe Internet

We have published yet another story concerning leaked emails, this time it is US Rex Tillerson in the firing line. Leaked emails obtained by BBC show businessman Elliott Broidy met with Trump in October lobbying for Tillerson’s dismissal over his lack of support in the Arab region’s effort against Qatar. Go to: “Leaked emails show […]

Turks & Caicos: Conch Farm officially closes [Fish farm to be developed in Cayman Islands]

FromTurks & Caicos Sun The Caicos Conch Farm on Providenciales, the only conch farm in the world, is now officially closed to the public. There will be no more Conch Farm tours. Most of the employees have been terminated and redundancy payments have been made. Only a skeleton crew remains. This is a decision that […]

USS Lexington: aircraft carrier scuttled in 1942 is finally found

Agence France-Presse From The Guardian UK Wreck from second world war’s Battle of the Coral Sea is located off eastern coast of Australia by search team led by Microsoft co-founder Paul Allen Wreckage from the USS Lexington, an aircraft carrier that sank during the second world war, has been found in the Coral Sea by […]

Argentina: New AFIP boss operated in tax havens, has Cayman Island investment funds

By Sandra Crucianelli,Emilia Delfino y, Emilia Delfino y Sandra Crucianelli From Buens Aires Times The new tax bureau chief Leandro Cuccioli was a board member of a Bermuda-based firm alongside Ignacio Rosner who is currently battling the AFIP in the courts. The new head of the AFIP tax bureau Leandro Cuccioli has shares in two […]

Environmental agreement to Latin America and the Caribbean

From Radio Cadena Agramonte Ministry of Foreign Affairs of Ecuador highlighted the agreement just signed in Costa Rica for Latin America and the Caribbean in environmental matters. In its digital page and Twitter account, the Ministry of Foreign Affairs and Human Mobility, pointed out that the Covenant constitutes a fundamental milestone, he has reaffirmed the […]

Leaked emails show UAE-backed lobbying effort against Tillerson

By Mark Swanson From Newsmax A major fundraiser for President Donald Trump with potent ties to the United Arab Emirates (UAE) has been lobbying the president to fire Rex Tillerson, the BBC is reporting. Leaked emails obtained by BBC show businessman Elliott Broidy met with Trump in October lobbying for Tillerson’s dismissal over his lack […]