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Month: September 2016

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Fifa corruption defendants in talks with US officials over plea bargain [including Cayman Islands resident Costas Takkas]

By Jamie Rainbow From World Soccer Several defendants charged in a wide-ranging corruption case involving Fifa are in negotiations with US officials about possibly pleading guilty, a U.S. prosecutor has revealed Assistant US Attorney Evan Norris spoke at a hearing…

Cayman Library Reading Challenge

Cayman Islands Public Library Summer Reading Challenge Receives Great Reviews Grand Cayman, Cayman Islands – With 701 books read and 583 hours of reading time clocked, officials at the Cayman Islands Public Library have given the 2016 Summer Reading Challenge…

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Caribbean: Rethinking progress in sustainable development era

From CaribFlame Caribbean countries make a special case for development. The high and increasing exposure to hazards, combined with very open and trade-dependent economies with limited diversification and competitiveness portray a structurally and environmentally vulnerable region, composed, in the most…

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Growth, Value, and Dividend Aristocrats

By: Ashley Kindergan From The Financialist There are numerous reasons to be optimistic about global equities in the coming year. Capital is plentiful; central banks in Europe, the United Kingdom, and some Asian economies have an easing bias; and the…

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ILO Team to facilitate a new tripartite Decent Work Country Programme in Guyana

PORT OF SPAIN (ILO News) – The Director, Claudia Coenjaerts, and several members of the International Labour Organization’s Decent Work Team and Office for the Caribbean are in Georgetown, Guyana, to support the advancement of the Decent Work Agenda in…

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Chennai: Speeding Porsche kills auto driver, 8 others injured

From Deccan Chronicle Both tested positive in the blood alcohol content test after the accident. Chennai: A reigning national racing champion’s joyride in a Porsche, in inebriated condition judging by the positive test in the driver’s blood alcohol content, culminated…

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MMX reports earnings, big investment from China

BY ANDREW ALLEMANN From DNW Pureplay strategy for new top level domain name company is working; investor buys more shares. MMX (Minds + Machines) reported first-half earnings today and announced a big investment from a Cayman-based fund backed by a…

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Virgin Atlantic turned industrial waste into greener jet fuel

By Andrew Dalton From engadget The company’s partnership with LanzaTech could cut airline carbon emissions by 65 percent. Illinois-based LanzaTech and Virgin Atlantic have been working on an alternative fuel source for Sir Richard Branson’s flagship airline since 2011. This…

What 100 operators really think about 5G

95 percent of respondents agreed that 5G supports the ongoing influx of connected devices and the Internet of Things Most executives surveyed agreed that 5G will be a game changer 80 percent of operators in Central and Latin America already…

FAA’s new drone safety campaign reminds you not to be stupid

By Devindra Hardawar From engadget The Federal Aviation Administration was woefully underprepared for the rise of inexpensive drones, but now the agency is finally stepping up its safety game in preparation for a drone-heavy holiday season. The FAA, together with…