Critics fear Pacific trade deal favours big business over states
By Glenda Kwek, AFP From Business Insider Sydney (AFP) – With the end game in sight to what could be the world’s most ambitious trade deal, critics fear a controversial mechanism to protect investors will strengthen the hand of big…
Yuri Milner’s DST Global raises $1.7B for its fifth fund — without Russian money
DST Global, the venture capital and growth equity firm led by Yuri Milner, has raised $1.7 billion for its fifth fund, according to a filing with the SEC. The fund has been registered in the Cayman Islands. The identity of…
Millionaire Chinese investors are snubbing Canada
By Ian Young, South China Morning Post From Business Insider Canada’s new wealth-based immigration scheme has received just six applications worldwide, in stark contrast to the thousands of mostly Chinese millionaires who flocked to the program’s defunct predecessor, according to…
The Editor Speaks: Quappe family response to Quality of Care Review to son’s death is exemplary
I must applaud the Quappe family in their public response to the independent “Quality of Care Review of Emergency Medicine Services Response to Fatal Motor Vehicle Collision Involving Zak Maun Quappe (deceased)” by Dr Dan Cass. Zak Quappe, who was…
How US$700M from 1MDB to PetroSaudi Holdings (Cayman) Ltd became “Dirty” Criminal Money.
By Matthias Chang – Future Fast-Forward For those who have short memories, I will recap how 1MDB paid out US$700 million to the Jho Low/1MDB crime syndicate. Step 1: On 18th September, 2009 a JV Company called 1MDB-PetroSaudi Ltd, was…
Outgoing Country Manager For First Caribbean Comments
From 7 NewsBelize The current country manager for First Caribbean Bank Glen smith will have to handle a large part of that transition – which includes negotiating a new collective bargaining agreement with the Christian Workers Union. Today he told…
Obama to Launch Cyberspace Trade War
By Patrick Watson From Newsmax War used to be simple. When two countries had serious differences, they would stop trading and start shooting. Now it’s more complicated. Obama is about to prove it by retaliating against China for hacking U.S….
Airbus just patented a jet that could fly from London to New York in 1 hour
By Benjamin Zhang From Business Insider Last month, the US Patent and Trademark Office approved an application from Airbus’ Marco Prampolini and Yohann Coraboeuf for an “ultra-rapid air vehicle and related method of aerial locomotion.” In other words, Airbus just…
Caribbean seeks to provide additional support to existing investors
Bridgetown, BARBADOS, July 29, 2015. Targeting existing investors to reinvest in the Caribbean and creating linkages in the domestic economy between investors and local suppliers to drive investment growth were issues at the centre of the strategy recommended to the…
Fiscal transparency in the Cayman Islands
Article by Antonia Hardy, John Rogers, Daniel Wood and Denise Wong From Walkers Last Updated: 5 August 2015 Introduction The Cayman Islands have an extremely open, accountable and transparent government and regulatory system. Despite the dated stereotype, the Cayman Islands…
