November 16, 2018

Archives for June 20, 2018

US: McCaskill’s husband invested $1 million in hedge fund tied to Cayman Islands

BY LINDSAY WISE, KEVIN G. HALL AND STEVE VOCKRODT From McClatchy DC Bureau WASHINGTON As a U.S. senator, Claire McCaskill supports cracking down on offshore tax havens. But the Missouri Democrat’s husband has invested $1 million in a hedge fund tied to the Cayman Islands, one of the world’s most notorious tax havens. Joseph Shepard’s […]

Abu Dhabi Financial Group unit offers to buy Abraaj’s investment management arm

Reuters From CNBC A unit of Abu Dhabi Financial Group has made a conditional offer to buy private equity firm Abraaj’s investment management business for $50 million, according to a document reviewed by Reuters. The offer from Abu Dhabi Capital Management (ADCM) is well below the $125 million offered by New York-based private equity firm […]

The Editor Speaks: World Refugee Day

Today (20) is World Refugee Day. World Refugee Day commemorates the obstacles refugees face each year, while also celebrating their courage and strength. Since 2001, the United Nations and more than 100 countries have observed World Refugee Day annually on June 20th. The United Nations High Commissioner for Refugees has started the #WithRefugees petition to […]

Cayman Islands Year 6 student dies at home

Statement from the Ministry of Education and Department of Education Services on the passing of a Year 6 student from Sir John A. Cumber Primary School On the 20 June 2018 Sir John A. Cumber Primary School (SJACPS) was notified that one of their Year 6 students had passed away at home earlier that morning.  […]

Lottery scam being circulated via physical mail in Cayman Islands

From RCIPS RCIPS FCU Warns of Lottery Scam Being Circulated Via Physical Mail, 20 June The RCIPS Financial Crime Unit is advising the public of a scam which is being distributed by regular mail. The FCU has received several reports of local persons receiving a letter purporting to be from the “Euro Lotto Commission” informing […]

Cayman Islands Youth Development Consortium celebrates 10 years

This year will be 10 years since the Cayman Islands Youth Development Consortium started the Fearless Xtreme leadership and Prevention camp, with the support of the governor at the time, Mr. Stuart Jack. We started out targeting young people ages 13-17, however I adjusted the age 10-17 when my nephew complained that we were not […]

Statement on World Refugee Day

From Cayman Islands Human Rights Commission World Refugee Day will be recognised around the world on 20 June 2018, and the Cayman Islands Human Rights Commission joins the United Nations (UN) and other countries in standing #WithRefugees. This year’s theme indicates how the responsibility of supporting families forced to flee their homes due to war […]

Library Director Monique Alberts President of the Caribbean Library Association

From Soualiga NewsDay SINT MAARTEN/DOMINICAN REPUBLIC – Director of Sint Maarten’s Philipsburg Jubilee Library Monique Alberts received the president’s gavel of Acuril, the Caribbean Library Association for the year 2018-2019. The change of board took place on June 7th during the annual Acuril conference in the Dominican Republic. Monique Alberts represents the Dutch Caribbean Library […]

Rotary Central Cayman Islands launches disabled parking awareness campaign

Today, June 14th 2018, Rotary Central Cayman Islands launched Not Your Spot, a national awareness campaign highlighting the correct use and importance of disabled parking spots. The campaign aims to not only educate the public on the proper and improper use of disabled ‘blue spots’ around the island, but also why these parking spaces are […]

The Kate Spade brand is donating $1 million to mental health organizations

By Mary Hanbury From Business Insider The Kate Spade brand announced on Wednesday that it would donate $1 million to mental-health awareness to honor its late founder. Kate Spade was found dead by suicide in her apartment in New York City on June 5. She was 55. Her husband, Andy, said she had suffered from […]