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UCCI Annual Report

The following are excerpts from: Annual Report of The President on the work of The University College Of The Cayman Islands (“UCCI”) for the Academic Year September 2012 – July 2013 Introduction: Even by the most rigorous and exacting standards,…

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Trust fund established to help Caribbean manage debt

From Caribbean360 The programme marks the beginning of a new partnership between the World Bank and the IMF. WASHINGTON D.C., United States, CMC – The World Bank says a successful multi-donor trust fund has launched a new phase with commitments…

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The Editor Speaks: the pendulum is swinging against local television

As most of you are aware I, with my wife Joan, was one of the pioneers of local broadcast television. We started CITN- Cayman International Television (International) Network – known as Cayman27 in 1992. The first over the air broadcast…

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As fewer people overdraft, banks are raising overdraft fees

By Chris Morran From Consumerist If you’re still opted-in to overdraft “protection” — which protects you by slapping huge fees on every purchase you make beyond the available funds in your account — you should probably opt out, as the…

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GAIM Ops Cayman: Hedge funds increasingly launching hybrid PE vehicles

From COOConnect A growing number of hedge fund managers are launching hybrid vehicles more akin to private equity, according to panellists speaking at GAIM Ops Cayman. “Hedge fund managers are doing a lot of different things and one trend I…

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Decision delayed on jury trial for corruption accused

From T&C Weekly News A decision on whether the ten defendants fingered in widespread corruption under ex-Premier Michael Misick’s administration will face a bench or a jury trial has been delayed until May 27. Jamaican jurist, Justice Paul Harrison, who…

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Athena grows in Cayman

Athena International Management, an independent directorship services provider in the Cayman Islands, has expanded its corporate governance team for the second time in the last six months. Bill Fleury, a financial services expert with more than twenty-five years of financial…

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3,112 Chikungunya cases confirmed in the Caribbean

From Caribbean New Media Group There have been 3,112 confirmed/probable cases of Chikungunya in the Caribbean to date. The Chikungunya virus is transmitted to humans mostly through the virus-carrying Aedes Aegypti mosquito and those of the Aedes species. The first…

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Haitian leader opens government to opponents

By Joseph Guyler Delva From Caribbean News Now PORT-AU-PRINCE, Haiti (HCNN) — Haiti’s leadership announced a cabinet reshuffle this week to allow opponents to enter the government in compliance with a recent historic agreement to facilitate the holding of crucial…

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Small enterprises key to a sustainable Caribbean economy

From Guyana Times The Commonwealth Secretariat in collaboration with the Government of Saint Lucia, hosted the Third Global Biennial Conference on Small States. This year’s conference theme was “Building resilience in Small States”, with Government officials in attendance from 31…