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US: Investors move to cash, anticipating Democratic gains in Midterms

From Newsmax The likelihood of a Democratic party takeover of at least one house of the U.S. Congress in the midterm elections in November is prompting some portfolio managers to move more money to cash and rotate away from sectors…

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Greenlight Capital Re, Ltd. announces pricing of $100 million convertible notes offering and share repurchases

PRESS RELEASE GlobeNewswire GRAND CAYMAN, Cayman Islands, Aug. 02, 2018 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (the “Company” or “Greenlight Re”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that it…

Study: 76% of Americans favor appearance over reliability in a new car

It is hard to describe the mental processes that go into buying a car to someone who has never been through that experience. The car has to be durable, affordable, reliable, and suit the purchaser’s needs. Another important consideration is…

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Cayman Islands: UPDATE -Drug arrest in George Town, 3 August

From RCIPS UPDATE: Update: Charges The man, age 24 of George Town, who was arrested after a police pursuit on Friday night, 3 August involving the police helicopter, has now been charged as follows: 1. Dangerous driving (manner); 2. Dangerous…

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Cayman Islands: ORIA redevelopment update – Loop Road Lane closure

Grand Cayman, Cayman Islands (3 August 2018) Please be advised of the latest happenings at Owen Roberts International Airport as part of the Redevelopment and Expansion project: Please be advised that there will be a road lane closure beginning Monday,…

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UPDATE: Cayman Islands police K9 locates man wanted for Palm Dale lncident, 1 August

From RCIPS UPDATE: Man Charged for Palm Dale Incident, 3 August The man, age 26 of North Side, who was arrested on the morning of 1 August following a coordinated operation in the North Side area led by officers from…

Cayman Drama Society: Hideous History – Assassinations (youth performance) this FRIDAY (3)!

HIDEOUS HISTORY: ASSASSINATIONS Our 12 to 16 year olds have been working hard since Monday to create a short performance created by them, and using their own topics and suggestions. They decided to cover historical figures and their deaths so…

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Cayman Islands police operate small unmanned surveillance aircraft

RCIPS Operate Small Unmanned Surveillance Aircraft (SUSAs), 1 August The RCIPS have been operating a Small Unmanned Surveillance Aircraft (SUSA), commonly referred to as a “drone,” for over a year now.  The equipment operates and is regulated under a commercial…

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Cayman Islands ESO:Compendium of Statistics 2017 released

The Cayman Islands’ Compendium of Statistics 2017 released today by the Economics and Statistics Office is a comprehensive collection of statistics from various public and private sector data sources covering population, demographics, social and living conditions; the economy, finance and…

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Cayman Islands imports showed robust growth in the first quarter

The total value of the Islands’ importation of goods stood at $248.22 million for the first quarter of 2018. Importation of both non-petroleum and petroleum-related imports grew, compared to the first quarter of 2017. Non-petroleum imports amounted to $217.87 million,…