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Day: July 31, 2012

iWorld News News

Hundreds of millions without power in India

Hundreds of millions of people have been left without electricity in northern and eastern India after a massive power breakdown. More than half the country was hit by the power cuts after three grids collapsed – one for a second…

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Swiss Re buys $275 million of longevity protection through Cayman Islands vehicle

Swiss Re, the world’s second-biggest reinsurer, has raised $275 million to help it pay claims in the event of pensioners in Canada, Australia and the United States living longer than budgeted for by their insurers, it said on Tuesday (31)…

iBusiness iCommunity iJamaica iLocal News News

More phone rate cutting in Jamaica

Telecommunications company LIME yesterday announced that it was slashing its landline to mobile rate to J$6.99 and that it will also start billing those calls on a per second basis. The measures become effective August 1. Yesterday, a news release…

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Charles Bronson retires to the Cayman Islands (complete with a mountain) in 1984 thriller “The Evil That Men Do”

Here’s how you know The Evil That Men Do is going to be another Charles Bronson bad-asser: The film’s first shot is a slowed-down grab from a much later scene, of him throwing a knife just to the left of…

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Jamaica at 50: On your marks, get set…oh

Half a century after Jamaica’s independence from Britain, its economy is struggling to get out of the starting blocks. THE world is used to trailing behind Jamaican sprinters. The small island has won a string of world records, and may…

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Hogwash

By Paul McGowan of PS Audio Have you ever noticed that if you have an opinion about something it can easily be dismissed or agreed upon as soon as you know there’s a term or explanation for it? For example I used to…

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Western Wind Energy Corp:

Western Wind Energy Corp: Western Wind responds to potential Proxy Battle by Cayman Islands company Savitr Capital and” hysterical and dishonest news release issued by Andrew Reuben Midler” Vancouver, BC — July 31, 2012 — Western Wind Energy Corp. —…

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Cayman Island Greenlight company announces second quarter financial results

Greenlight Capital Re, Ltd om Monday (30) announced financial results for the second quarter ended June 30, 2012. Greenlight Re reported a net loss of $36.1 million for the second quarter of 2012 compared to a net loss of $16.0…

iOpinion Your View

Letter to the Editor: Anon

I would caution the Independent member for N. Side Mr. Ezzard Miller to be very carefully to avoid political postering and consider what is really happening to Caymanians. What he is suggesting as a solution in part is far from…