September 21, 2019

Archives for April 3, 2019

How Abraaj slipped between the cracks for global regulators

By Simon Clark From Financial News Firm had complex structure with entities in Mauritius, the Cayman Islands and other jurisdictions The collapse of Abraaj Group, the world’s largest insolvent private equity firm, has exposed a gap in oversight of the global financial system. Abraaj created companies and funds in jurisdictions including Dubai, the Cayman Islands, […]

US: Second Circuit affirms Dismissal of Chapter 15 Appeal by purported shareholder on Standing Grounds

From JD Supra In a March 19, 2019 summary order, the U.S. Court of Appeals for the Second Circuit affirmed the district court’s dismissal of a purported shareholder’s appeal challenging the chapter 15 recognition of a Cayman Islands restructuring of an offshore drilling contractor. See In re Ocean Rig UDW Inc., No. 18-1374, 2019 WL 1276205 […]

Book donation breathes LIFE into Cayman Islands’ EEPS classroom libraries

East End Primary School was blessed, yet again, by the tremendous generosity of charitable organization LIFE (Literacy is for Everyone) as they donated 2,254 books to the school. These books will go towards enhancing Classroom Leveled Libraries throughout all year levels in the school, which is part of LIFE’s and EEPS’ efforts to provide students with engaging […]

IDB changes location of annual meeting from China over Venezuela

By Melanius Alphonse from Caribbean News Now WASHINGTON, USA — China, in a show of support of President Nicolás Maduro as head of state, has refused to grant Juan Guaidó a diplomatic visa to China. The move comes ahead of the Inter-American Development Bank (IDB) annual meetings that will no longer convene in China and […]

World Health Day: PAHO calls for equitable access to health care

This year’s campaign calls for all people to receive integrated, quality health care at the heart of the community. On April 9, PAHO will present a report in Mexico with recommendations on achieving universal health. Washington, DC, 3 April 2019 (PAHO)- Millions of people in the world still lack access to health care and many are […]

April Fools Day Plane

Royal Caribbean UK celebrates April Fools Day with airplane launch By Matt Hochberg From Royal Caribbean Blog Royal Caribbean UK teased the public with the “announcement” of its new airplane, Master of the Skies. Posted across the UK social media channels, the cruise line touted the mock-launch of its first aircraft in 2022, which includes features […]

UK -Brexit: MPs back delay bill by one vote

MPs have voted by a majority of one to force the prime minister to ask for an extension to the Brexit process, in a bid to avoid any no-deal scenario. The bill, put forward by Labour’s Yvette Cooper, was passed by the Commons in just one day. However, it will need to be approved by […]

The View from Europe: A cold wind starts to blow

By David Jessop From Caribbean News Now New winds are blowing through the Caribbean. Some may welcome what they bring; others may not. Four events in the last 14 days illustrate how the region is being captured, probably irretrievably, by a new if so far ill-defined Cold War that involves the US, China, Russia and […]

Exciting line-up race ready for 48th BVI Spring Regatta

From Caribbean News Now TORTOLA, British Virgin Islands – International-class sailing in one of the most beautiful places anywhere, together with good fun and camaraderie, draws many happy customers back to the BVI Spring Regatta and Sailing Festival year after year. Racing in the 48th edition of the event starts Friday; the Regatta Village is […]

Drink recipe of the week

Sex on the beach By Hampton Roads From Yummly 5 Ingredients 10Minutes 60 Calories Ingredients 2 ounces vodka 2 ounces peach schnapps 2 ounces orange juice 2 ounces cranberry juice cherry (for garnish) For more on this story go to;