Road safety project conceptualised by St. Lucian youths receives CDB funding
The Caribbean Development Bank (CDB) has awarded a USD10,000 grant to Choiseul Youth and Sports Council, Choiseul, St. Lucia to implement a road safety project in their district. The grant award follows a challenge issued by the Bank in May…
CNBC: Signs are flashing of an overbought stock market
By John Morgan From Moneynews Are things just too good to be true for the high-flying U.S. stock market? Maybe. There are warning signs that there might be a bit too much froth in the frosting, CNBC reported, but investors…
Short-seller’s NQ Mobile report to ‘hurt’ IPOs of Chinese firms in US
Bloomberg in New York From scmp Short seller Muddy Waters’ call to sell shares of Chinese mobile-security service provider NQ Mobile will hinder initial public offerings from the country, private investment banker Needham & Co says. Shares of NQ Mobile…
New Immigration law to take effect in Cayman
From Jamaica Observer GEORGE TOWN, Cayman Islands (CMC) — The new Immigration Reform Bill for the Cayman Islands which was passed by Legislators last week, will become law on Monday, extending the term limit for work permits from seven to…
The Editor Speaks: Mysterious pay cut and rise
Colin Wilson When all the salaries for Members of the Legislative Assembly should have been cut to set an example to all of us in these times of austerity only one was. The poor House Speaker, Juliana O’Connor-Connolly, who has…
UK affidavits to cease – police clearance certificates only acceptable
New UK Police-Clearance Rules As of 1 January, 2014, affidavits will no longer be accepted from United Kingdom (UK) citizens, in lieu of police clearance certificates. A new, comprehensive records system now allows for police certificates to be obtained quickly….
“Free Standing Injunctions”
Cyprus: Do Cyprus Courts Have Jurisdiction To Issue The So Called “Free Standing Injunctions” In Aid Of Foreign Court Proceedings Pending Outside EU? Article by Soteris Pittas Soteris, Pittas & Co LLC Pursuant to Section 31 of the EU Regulation…
A tale of two markets
Appleby Partner Julian Black and Appleby Senior Associate James Kinsley outline the differences between the European and U.S. CLO markets and what the future holds in the light of increasing regulation and economic recovery in the Western World. Confidence slipping…
Second quarter merchandise imports amounted to $178.2M
The total value of all merchandise goods imported by Cayman residents amounted to CI$178.2 million CAYMAN ISLANDS — The total value of all merchandise goods imported by Cayman residents amounted to CI$178.2 million, 2.3 percent lower compared to CI$182.4 million…
Preventing Rodent Infestation
From Cayman Islands Department of Environmental Health Department of Environmental Health (DEH) staff members are asking the public to be vigilant in keeping properties rodent-free. Rodents are prolific breeders. A single healthy pair of rats and their descendants can produce…
