HSBC avoided criminal charges over fears of ‘systemic risk’
From Offshore Bankers The U.S. Department of Justice refused to prosecute HSBC in 2012 for laundering Mexican drug money through a Cayman Islands subsidiary and other violations after U.S. officials heard from the U.K. government that doing so could lead…
Ericsson’s services for Flow mobile networks in Caribbean
From Zacks Swedish communication technology and services giant Ericsson won a contract extension to provide world-class managed services to C&W Communications, which owns the retail brand Flow. C&W Communications was acquired by Liberty Global (LiLAC Group) earlier this year. The…
Cayman Islands 2016 Half-Yearly Crime Statistics Show Large Drops in Serious Crimes, but Spike in Lower-Level Offences
From RCIPS 2016 Half-Yearly Crime Statistics Show Large Drops in Serious Crimes, but Spike in Lower-Level Offences Increases Overall Crime Rate by 10% Today, Thursday, 14 July, the RCIPS held a press conference on the release of the crime statistics…
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ON THE RIGHT: Caribbean tourism will feel Brexit
By David Jessop From Barbados Nation News IT SEEMS TO ME, when I was looking at some of the issues for tourism, that the tourism industry doesn’t actually have the same luxury to wait and take some of this analysis…
Caribbean countries entangled by U.S. financial crackdown
By Marty From Ambergris Caye.com Forum Burdened by chronic back pain, Belize Prime Minister Dean Barrow avoids traveling abroad, his colleagues say. But in January, he flew to Washington and visited one government agency after another on a singular mission:…
Reminder of July 15 feedback deadline: Cayman Fuel Markets
Comment Now on Proposed “Cayman Fuels Markets” Government is working to establish, for the first time, an oversight body for the local fuels market. Also, public input is now invited into the proposed reform of fuels markets in the Cayman…
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Peter Binose: The Unity Labour Party, the German Nazi Party, the Cubans, Venezuelans and the Cyber Crime Bill
By Peter Binose The Cyber Crime Act is designed to stop citizens from writing and also to stop them reading the truth about their leaders. The German Nazi Party put a similar Act in place but of course at that…
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Single Prime Ministerial Sub-Committee on Cricket has broad mandate
From CARICOM Heads of Government of the Caribbean Community (CARICOM) have decided that there will now be a single Prime Ministerial Sub-Committee on Cricket that will handle all aspects of the game. Prime Minister Roosevelt Skerrit, Chair of the Conference…
TOO BIG TO JAIL: George Osborne helped HSBC avoid US criminal charges for money laundering
By Oscar Williams-Gru From Business Insider Britain’s Chancellor George Osborne and the UK’s former financial watchdog “hampered” the 2012 US investigation into HSBC’s money laundering and contributed to a watering down of the banks eventual punishment, according to a damning…
OAS wants urgent solution to inequalities in the Caribbean
From Jamaica Observer ASUNCIÓN (CMC) —The Organization of American States (OAS) has called for urgent solutions to inequalities in the Caribbean. In search of solutions, the OAS said during the third meeting of Ministers and High Authorities of Social Development…
