January 20, 2018

Deadly Storm Eleanor batters Europe

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From BBC Three people have died as winter storm Eleanor swept across most of northern Europe, causing widescale disruption. A skier died in the French Alps and 15 others were injured elsewhere in the country, four of them seriously. Two people were killed when they were swept away by a huge wave on Spain’s northern […]

Best Celebrity Cruises snorkeling shore excursions outside the Caribbean

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From Celebrity Cruises When it comes to time in the ocean during a cruise, snorkeling is a fun shore excursion that practically everyone can enjoy. Unlike scuba diving, which requires hours of training and certification, snorkeling can be done after just a quick tutorial and even those who aren’t strong swimmers can enjoy it as […]

Cayman Islands lecturer unveils new research on public-private partnerships

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CAYMAN ISLANDS LAW SCHOOL LLM Course Leader Laura Panades has published a book chapter on public-private partnerships as a vehicle to improve social standards. The European Parliament, in collaboration with reputed think tanks, has published this book as a collection of ideas for future legislation. The book includes contributions from selected academics and practitioners from […]

Oil executives are panicking over the threat of electric cars

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By John Siciliano, Washington Examiner From Business Insider Oil executives are getting more worried about the prospect of the widespread availability to electric cars. As countries like China and others in Europe begin to phase out liquid fuels, the demand for electric vehicles will spike. Up to 70% of oil consumption is as a transportation […]

How the American dream turned into greed and inequality

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By Alberto Gallo, World Economic Forum From Business Insider Policymakers have largely ignored the growing gap between the rich and poor. Capitalism has failed at redistributing wealth. The American system could soon reach a breaking point. The American Dream is broken. Paul Ryan, speaker of the House of Representatives, recently stated that “in our country, […]

KPMG revenues grow strongly to record $26.4 billion

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From Offshore Bankers Growth driven by client-focused investments in technology, innovative services, alliances and hiring Record high revenues for Fiscal Year (FY) 2017 of US$26.40 billion Revenue growth for FY2017 of 5% (in local currencies) driven by strong growth across Audit, Tax and Advisory services Growth in all three regions (Americas, ASPAC and EMA) KPMG […]

Austria gas plant burns after deadly explosion

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From BBC A big blast has rocked a major natural gas hub in Austria, killing one person and injuring at least 18, police say. A fire followed the blast which happened around 08:45 (07:45 GMT) at the Baumgarten site, just east of the capital Vienna, near the Slovak border. On Twitter, Austrian police said the […]

Cayman Islands confirmed as ‘cooperative’ jurisdiction in EU ‘blacklist’ results

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GEORGE TOWN, GRAND CAYMAN, 6 December 2017 From IMAC The results of the EU’s non-cooperative jurisdictions were released yesterday and the Cayman Islands have been confirmed as one of the 47 co-operative jurisdictions. With over 40 years of experience in insurance formation, operation and regulation, the Cayman Islands has truly earned its reputation for integrity, […]

Cayman Islands’ Tony Travers says journalists who leaked the Paradise Papers should “be in prison”

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Chairman of the Cayman Islands Stock Exchange, Anthony Travers, speaking on the BBC’s “Newsnight” television programme said: “I have no idea what tax haven means and nor do you. What we are talking about is offshore financial centres that have complete transparency, the highest global standards and, incidentally, higher than the United States of America. […]

Libyan coast guard intercepts nearly 300 migrants east of Tripoli

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From Yahoo News TRIPOLI (Reuters) – Libya’s coastguard intercepted 299 migrants from sub-Saharan African countries on two rubber boats east of Tripoli on Tuesday, officials said. The migrants were intercepted near the town of Zliten by one of several coastguard vessels that Italy repaired and delivered to Libya earlier this year. Libya’s western shoreline is the […]