August 20, 2019

The end of Western dominance of the global financial and economic order

From Caribbean360 NEW DELHI, India, Friday July 25, 2014, IPS – The sixth BRICS Summit which has just ended in Brazil marks the transition of a grouping based hitherto on shared concerns to one based on shared interests.Since the inception of BRICS (bringing together Brazil, Russia, India, China and South Africa) in 2009, it has […]

Decosimo principals to speak at investment forum

From MDJ Decosimo, which has an office at 2839 Paces Ferry Road in the Cumberland area, announced that it will serve as a sponsor for the Private Investment Fund Accounting, Operations & Compliance Forum to be held at the Princeton Club in New York City on Monday and Tuesday. Hosted by Financial Research Associates, the […]

Square taps Wilson to fend off infringement claims

By Marisa Kendall From The Recorder SAN FRANCISCO — Square Inc., a manufacturer of mobile credit card readers, is taking an offensive stance against patent infringement accusations from a Cayman Islands-based company on a litigation spree. Square’s lawyers at Wilson Sonsini Goodrich & Rosati filed a declaratory judgment action against Protegrity Corp. Monday in the […]

Canada supporting humanitarian efforts in Latin America and the Caribbean Region

Canada’s contribution to OCHA is strengthening the international humanitarian system’s preparedness and response capacity in the region 2014 – Brampton, Ontario – Foreign Affairs, Trade and Development Canada Today [July 25], on behalf of the Honourable Christian Paradis, Minister of International Development and La Francophonie, Kyle Seeback, Member of Parliament for Brampton West announced new […]

EIB Caribbean office set to move to the Dominican Republic

From EIB The regional representation of the European Investment Bank in the Caribbean will move to the Dominican Republic. The regional representation of the European Investment Bank in the Caribbean will move to the Dominican Republic. The host country agreement was signed in Brussels today by Ambassador Alejandro Gonzalez Pons on behalf of the Government […]

Cayman Islands funds lawyer returns from Hong Kong secondment

Caymanian Investment Funds lawyer, Stephen Watler, has recently returned home following a four and a half year secondment in Maples and Calder’s Hong Kong office. Initially planned as a short term opportunity, it was a move of which he was initially anxious, but which turned out to be an experience of a lifetime. “Although excited […]

Cayman Islands reports progress on energy bid

The Cayman Islands’ Electricity Regulatory Authority (ERA) will soon wrap up the bidding process to select a solution to Grand Cayman’s need for new firm generating capacity. ERA Managing Director Charles Farrington says the final choice will be announced at month-end. This will be followed by the successful bidder’s preparations for the additional generation – […]

Ironwood Cayman latest news

From Ironwood It has been an exciting summer for Ironwood, with developments in the planning process of the road extension, town center and the Arnold Palmer golf course. As the journey on this fabulous development unwinds we will continue to keep you updated through various social media channels, our newsletter, our website, or personally via […]

New Zealand Central Bank raises benchmark interest rate to 3.5%

By Myles Udland From Business Insider The Reserve Bank of New Zealand just raised interest rates. The RBNZ raised its benchmark interest rate to 3.5% from 3.25%. Here’s the full statement from the central bank: Statement issued by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today increased the Official Cash Rate (OCR) by 25 […]

Further erosion of foreign reserves puts Barbados dollar in danger – Moody’s

From Caribbean360 BRIDGETOWN, Barbados, July 23, 2014, CMC – With Barbados’ foreign reserves standing below the 2013 level, International credit rating agency, Moody’s has warned that strain could be put on the dollar. “Any further erosion in reserves would likely put further pressure on Barbados’ currency, which is pegged to the US dollar,” Moody’s stated […]