October 21, 2019

OPINION: Russian aircraft hidden in Trinidad’s Piarco Airport

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By Jolly Green Volga-Dnepr Airlines LLC is an airline based in Ulyanovsk, Russia. It specializes in providing air charter services by operating a unique fleet of twelve Antonov An-124 (largest production cargo aircraft), five Boeing 747-8F and five IL-76TD-90VD (Stage IV) ramp all-cargo aircraft certified for global operations. It is a world leader in the […]

India’s holdings of US govt securities jump to $145 billion

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From The Economic Times WASHINGTON: Continuing to increase its exposure, India’s holdings of American government securities touched USD 145.1 billion at the end of September, official data showed. Remaining the 11th largest holder of the US Treasury securities, India increased its holdings by little over USD 6 billion in September compared to August when the […]

Karen Rivers Cayman Islands Government Employee

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Karen Rivers received CIG Employee of the Month for August for being the Most Driven. Ms Rivers, a Budget and Planning Manager in the Treasury Department, started her career with the Cayman Islands Government in November 1998 as a Budget and Administration Officer. She was promoted five years later to an Analyst. This past August, […]

AML/CFT challenges for the Caribbean

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By Curtis A. Ward From RJR NEWS A number of Caribbean governments have responded bitterly to the recent negative “evaluation” of their anti-money laundering and countering financing of terrorism (AFL/CFT) legal and administration capacities. More specifically, the U.S. State Department 2016 INSCR named nine Caribbean countries, four of which are CARICOM Member States (Antigua and […]

Saudi Arabia owns $117 billion of U.S. debt [Cayman Islands owns $265 billion of U.S. Treasuries]

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by Matt Egan From CNN Money One of the biggest mysteries in global finance was just revealed: How much U.S. debt Saudi Arabia owns. Saudi Arabia stockpiled $116.8 billion of U.S. Treasuries as of March, the Treasury Department announced on Monday, ending four decades of keeping the figure secret. That makes Saudi Arabia the 13th […]

Evelyn McTaggart is Cayman Islands DG’s November Awardee

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The Deputy Governor’s Award for November 2015 goes to Evelyn McTaggart for being Most Flexible and Willing to Assist. The Employee of the Month is part of the Deputy Governor’s Award Programme which was developed as an internal scheme to recognize civil servants who exceed expectations. Mrs. McTaggart is the Deputy Fund and Cash Flow […]