October 19, 2018

New Cayman Islands Governor appointed

From the Cayman Islands Governor’s Office Mr Martyn Roper has been appointed Governor of the Cayman Islands in succession to Mr Anwar Choudhury.  Mr Roper will take up his appointment in October 2018. BIO: His Excellency the Governor of the Cayman Islands Mr Martyn K Roper OBE Martyn Keith Roper is a highly experienced career […]

19 Oct Weather in Cayman & Tropical Report

19 Oct Fri 2018 Tropical Report Tropical Weather Outlook NWS National Hurricane Center Miami FL 800 AM EDT Fri Oct 19 2018 For the North Atlantic…Caribbean Sea and the Gulf of Mexico: Tropical cyclone formation is not expected during the next 5 days. $$ Forecaster Avila   Tropical Weather Outlook NWS National Hurricane Center Miami […]

Invincible buys two resorts in Grand Cayman for $340m

Tokyo-based real estate investment trust has announced the $340-million purchase of the Westin Grand Cayman Seven Mile Beach Resort & Spa and the Sunshine Suites Resort on Grand Cayman Island. By HNN Newswire TOKYO, October 1–Invincible Investment Corporation (“INV”) is pleased to announce that the acquisition of the following asset, which was announced in the […]

Baer ‘Whistleblower’ cleared by top court in data-theft case [Cayman Islands sub not considered Swiss Bank]

By Hugo Miller From Bloomberg , Swiss Supreme Court upholds acquittal by vote of 3 to 2 Verdict may hold implications for Swiss banks’ foreign units A former Julius Baer banker who leaked documents from a Cayman Islands subsidiary was cleared of breaking Swiss banking secrecy by Switzerland’s top court, creating possible problems for how […]

Conference lends ‘Parrot’s-Eye View’ into Latin America and Caribbean

By Michael Rouleau WILLIMANTIC, CT (10/16/2018) On the 526-year anniversary of Christopher Columbus’ “discovery” of the New World, on Oct. 12, Eastern Connecticut State University hosted its third Latin American and Caribbean Studies (LACS) Conference. The symposium featured research presentations and panel discussions by Eastern faculty and students, as well as a keynote presentation by […]

Economic activity in Latin America and the Caribbean will expand by 1.3% in 2018 and 1.8% in 2019

ECLAC has updated its growth projections for the countries of the region. The Economic Commission for Latin America and the Caribbean (ECLAC) reviewed economic growth projections for the region for 2018 and expects an average expansion of 1.3% in Latin America and the Caribbean this year, slightly lower than that forecast this past August (1.5%). […]

US: Mnuchin pulls out of Saudi conference boosting pressure on Saudis

From Newsmax Treasury Secretary Steven Mnuchin withdrew from an investment conference in Riyadh as the Trump administration shifted course under increasing pressure to hold Saudi Arabia’s leaders accountable for the disappearance of journalist Jamal Khashoggi. Mnuchin announced his change of plans on Twitter after meeting at the White House with President Donald Trump and Secretary […]

St. Kitts Prime Minister Harris on why he turned down the opportunity to become a tenured track professor and why establishing Help-a-Child was an easy decision

“Maybe this was destiny,” Prime Minister Dr. the Honourable Timothy Harris said yesterday, Wednesday, October 17th, 2018, at his 15th Annual Help-a-Child Program Primary School Scholarship Award Ceremony. “When I look back at my own life – where I was and what I have become – all throughout my educational journey someone stood by me, […]

First ECLAC disaster training for Cuba targets environment experts

Environment experts, from Cuba are now better equipped to evaluate the impact of disasters using Damage and Loss Assessment (DaLA) methodology developed by the Economic Commission for Latin America and the Caribbean (ECLAC). This following a DaLA training workshop conducted by a team from ECLAC’s subregional headquarters for the Caribbean from 11 to 13 October […]

Caribbean nations pay steep price for climate change caused by others

By Daniel Gutman BUENOS AIRES, Oct 16 2018 (IPS) – Although their contribution to global warming is negligible, Caribbean nations are bearing the brunt of its impact. Climate phenomena are so devastating that countries are beginning to prepare not so much to adapt to the new reality, but to get their economies back on their […]