iNews Briefs & Community Events
More migrants arrive in Cayman Islands A total of 15 migrants arrived by boat at Rum Point, Grand Cayman, late Wednesday evening (20 July 2016) and were taken into custody after their boat engine failed. The group, originally 16, had…
Mr Pippa’s hedge fund and a string of City scandals [Links to Cayman Islands bank]
By CHRISTIAN GYSIN FOR THE DAILY MAIL James Matthews’ firm admits losing thousands after backers were shut down while also facing lawsuit in the US Eden Rock Capital Management was launched in 2001 by James Matthews Hedge fund manager is…
New Cayman Islands law makes LLC an available vehicle option
From CohnReznick Synopsis As of July 8, 2016, the Limited Liabilities Companies Law 2016 (the “LLC Law”), which makes a limited liability company a vehicle option in the Cayman Islands, has taken effect. The LLC Law comes in response to…
IMF concludes consultation with St Vincent and the Grenadines
From Caribbean News Now WASHINGTON, USA — On July 13, the executive board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation with St Vincent and the Grenadines. St Vincent and the Grenadines’ recovery from the global…
They escaped abuse. The next step is yours
From WALK FREE.ORG “We were treated like slaves, all day and all night we had to work. I don’t want anyone else to have to face the same ordeal.” Nayto, Survivor Just three weeks ago, 14 migrant workers escaped a…
Bahamians in the dark about Rubis fuel leak report and effects on their health
From Caribbean360 NASSAU, Bahamas, Thursday July 21, 2016 – Residents of Marathon, a community in the Bahamian capital of Nassau, are waiting for answers, more than three years after a fuel spill in the centre of their community. And more…
TTFA President a candidate for Caribbean Football Union Head Post
By MELISSA STANISCLAUS From Power FM Trinidad & Tobago Delegates attending the 39th Caribbean Football Union Ordinary Congress Saturday in Miami, Fl. will vote for an Executive Committee to lead the organization for the next four years. The CFU president, Gordon Derrick, will seek…
Venezuelan president threatens to jail US business executives
From Curacao Chronicle CARACAS – President Nicolás Maduro has threatened to jail Kimberly-Clark executives by soliciting an Interpol red notice after the US paper products company shut down production in Venezuela last week. The Texas-based company produced items that are in…
Banks abandon the Caribbean, local bitcoin exchange experiences 33% increase in users every month since February
By Luke Parker from Brave New Coin Smaller, poorer countries are being abandoned by big banks in an exodus commonly referred to as “de-risking” or “de-banking.” In the Caribbean, where many small countries with poorer populations reside close to each other,…
This $195 million yacht was just put up for sale
By Yacht Harbour From Business Insider 107m Ulysses, delivered to her owner by Norway-based, Kleven earlier this year, is now up for sale at an asking price of $195,000,000 through Burgess and Fraser Yachts. First yacht to be built by …
