July 22, 2017

The Editor Speaks: When is art pornographic?

I am pointing here at the arrest last Tuesday (18) of Cayman Brac artist Ron ‘Foots’ Kynes by the police on suspicion of “obscene publications.” The “obscene publications” were two statues Kynes had created of two nude women embracing in a sexual pose. I have to state I have not seen these works of art […]

The Editor Speaks: Reckless driving or are there other factors?

The Cayman Islands police issued a release yesterday (Tue) saying “four serious accidents this past weekend demonstrate need for more road awareness”. This was largely in response to the tragic death outside the Owen Roberts Airport last Monday (17) that involved a taxi hitting a pedestrian – a visiting well known doctor who was crossing […]

The Editor Speaks: Interesting court case raises questions in the US in regards to investor protection in the Cayman Islands

There is a Court date this Wednesday (19) at the Grand Court which already raises questions in the US in regards to investor protection in the Cayman Islands. Short version of the story: In case G206 of 2015, Petra Berksoy & Co filed a civil defamation case against a Regalbeach Club Owner who had reported […]

The Editor speaks: Is the teeth real or false?

The Older Persons Law 2017 came into effect today (Monday 17) but is it really going to make a cent of difference? Has the law real teeth or is it just false? The law was passed in the Legislative Assembly last March and I asked a similar question then. Nothing has changed. There are no […]

Heading higher or stalling out? What the technicals reveal about Caribbean Utilities Company Ltd (CUPUF)

From Evergreen Caller The recent price of 13.6900 for shares of Caribbean Utilities Company Ltd (CUPUF) has put the price level above the Balance Step, indicating a near-term bullish pattern developing.  Calculated from the last five balance points, the Balance Step indicator can help determine whether a bullish or bearish trend is developing near-term. Investors […]

The Editor speaks: Immigration reform

Although the government have engaged local consultants Deloitte on a Process Improvement Project (the “Project”) to support its role in delivering strategic and policy direction to the Department of Immigration (DoI) they are still relying on the public’s input. Immigration have been lumped in with the National Workforce Development Agency (“NWDA”), and the Department of […]

The waning power of the petrodollar

By Jamie McGeever From Reuters UK LONDON (Reuters) – When the Federal Reserve begins reducing its holdings of U.S. Treasuries as expected later this year, some of the most consistent buyers of U.S. bonds over the last 15 years may be less than willing to fill the breach. Before the financial crisis, the flow of […]

The Editor speaks: Good but not perfect

The following is taken from the Executive Summary of the Final Report by the Commonwealth observers on our May 2017 elections. First the GOOD: The 2017 general elections in the Cayman Islands met the international standards for democratic, genuine and transparent elections. There was a vibrant election campaign, which took place in a peaceful environment, […]

The Editor speaks: Elections expenses revealed but is it the truth?

The Elections Office has released the summary of Elections Expense returns as reported, by political parties’ and individual candidates for the May General Elections. See iNews Cayman story at: http://www.ieyenews.com/wordpress/cayman-islands-elections-office-posts-candidates-expense-returns/ During the final eight weeks of the May General Elections Dr. Steve Tomlinson coughed up over $194,000 to ten political candidates running as Independents. Note […]

The Editor speaks: When silence is not golden

I was at a small gathering of members of Elmslie Church last night and a debate followed the presentation by a visiting pastor on “Salt”. Like most debates the subject broadened out past the confined barriers of the original subject matter although it was to a degree included. One of the people there spoke somewhat […]