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Unemployment rate in Cayman Islands fell to 4.7 percent as employment grew in 2014 The overall unemployment rate in the Cayman Islands was 4.7 percent in 2014. The unemployment rate among Caymanians was estimated at 7.9 percent, this is lower…

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Kraft issues big Mac & Cheese recall, metal pieces reported – applies to Cayman Islands, too

Foster’s Food Fair – IGA would like to announce that Kraft Foods Group has voluntarily recalled some 242,000 cases of select code dates and manufacturing codes of the Original flavor of Kraft Macaroni & Cheese Dinner – due to the…

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Acorn International (ATV) halted for volatility; Cayman Islands Court announces order

From Street Insider Acorn International (NYSE: ATV) is ripping higher after the company announced that on March 13, 2015, the Grand Court of the Cayman Islands (the “Cayman Islands Court”) issued a formal order (the “Order”) confirming its March 6,…

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DMS Offshore Investment Services expands International Tax Compliance Group

GRAND CAYMAN, Cayman Islands, March 18, 2015 /PRNewswire/ — DMS Offshore Investment Services Ltd., (DMS) the world’s largest fund governance firm, is expanding its International Tax Compliance Group to better serve private investment funds in meeting their compliance obligations under…

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Cayman Islands: New Operations Manager at The Security Centre Ltd

The Security Centre Limited announces the appointment of former Detective Sergeant Steve Thomas as Operations Manager. Hired on the strength of his 33 years in the Police and Security Industry, Mr. Thomas brings proven expertise having worked both in the…

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President Obama and Caribbean leaders to meet in Jamaica

From Caribbean360 KINGSTON, Jamaica, Wednesday March 18, 2015, CMC – United States President Barack Obama is to visit Jamaica on April 9 for talks with Caribbean Community (CARICOM) leaders, Prime Minister Portia Simpson Miller has said. “The Government of Jamaica…

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OBA giving Bermuda airport away to Canadians [Comparison to Cayman Islands]

By Christopher Famous From Caribbean News Now On November 10, 2014, MP Bob Richards announced that a memorandum of understanding (MOU) was signed with the Canadian Commercial Corporation (CCC) for the re-development of the LF Wade International Airport in Bermuda….

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“Scrubbers” to cut cruise ship pollution

By Ed Schoenfeld, CoastAlaska – Juneau From Alaska Public Media Cruise lines that sail Alaska waters are installing new pollution-control equipment. It’s aimed at clearing the air — and meeting new regulations. But it’s also dodging some stronger, more expensive…

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Updated: EXPOSED: Belvedere Management’s massive criminal enterprise [operates in Cayman Islands]

By David Marchant From OffshoreAlert $130 million Cayman Ponzi scheme under Brighton SPC umbrella fund City of London police investigating £100 m-plus Ponzi scheme by CWM FX Both schemes part of rampant fraud by Belvedere Management Group Group headed by…

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Hard-right shift delivers upset election win for Netanyahu

By Luke Baker and Jeffrey Heller Reuters From Yahoo news JERUSALEM (Reuters) – Israeli Prime Minster Benjamin Netanyahu pledged on Wednesday to form a new governing coalition quickly after an upset election victory that was built on a shift to…