1MDB Board unhappy over hasty deal and diversion of funds to joint venture: Report
By Petaling Jaya (The Star/Asia News Network) From The Straits Times The board of 1Malaysia Development Bhd (1MDB) was unaware of the diversion of US$700 million (S$945 million) in funds meant for a joint venture company it set up together…
Cayman Islands Proud of Them recipients announced
The teens will feature on billboards island-wide. The latest “Proud of Them” honourees were named on Wednesday by Youth Minister Osbourne Bodden, who, along with the National Youth Commission, congratulated and encouraged the young men and women. The 12 nominees…
‘Everything is awesome’: Cambridge University will get a Lego professor
By Ariel Bogle From Mashable AUSTRALIA: Everything is awesome, including this hiring news from one of the UK’s most prestigious institutions: Cambridge University is getting a Lego professor. The university announced on Tuesday the school had accepted £2.5 million from…
Bipartisan Senate plan confuses real tax reform with tax cuts for multinational corporations
By Bob McIntyre, From Tax Justice Sens. Rob Portman (R-Ohio) and Chuck Schumer (D-NY) today released a long-awaited tax reform plan that reads like a wish list for multinational corporations. The Senate Finance Committee working group’s report provides recommendations for…
Britain slashes spending in new austerity drive
AFP From Yahoo News British finance minister George Osborne unveiled fresh austerity measures Wednesday to slash the country’s debt, evoking the plight of crisis-hit Greece in presenting the first purely Conservative budget for nearly 20 years. Chancellor of the Exchequer…
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Parents, beware: Asbestos found in crayons, other toys
By Liza Lucas, Special to CNN From KSL ATLANTA (CNN) — The EWG Action Fund is calling for a ban on asbestos in consumer products after it found traces of the carcinogen in children’s crayons and toy crime lab kits….
Cayman Islands: Advantages of Concrete Homes
From Cayman Concrete Pumping (http://www.caymanconcretepumping.com/advantages-of-concrete-homes/) Concrete homes can be called both “building green” and “sustainable buildings.” Many consumers today want everything in a home. People want to have a low environmental impact, comfort, security, low energy bills, and low maintenance….
Cayman Islands: UPDATED: Armed Robbery Nail Salon GT/Arrests for murder of Jason Powery
From RCIPS Armed Robbery Nail Salon UPDATED:-Sat, Jul 11, 2015 at 9:19 AM Description of the two suspects are: Approx six feet tall,slim build,dressed all in black with shirt/cloth covering head and cut off jeans. Second suspect approx five foot…
Cayman Islands: FIFA’s [Jeff] Webb agrees to Extradition to face U.S. charges
by David Voreacos Tariq Panja Hugo Miller from Bloomberg Jeffrey Webb, one of seven soccer officials arrested in Zurich in May, has agreed to be extradited and face corruption charges in the U.S., according to a person familiar with the…
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iNews Briefs, More & Community Events
Community Events SAT JULY 11 Battle of the Platoons’ Cadet Sports and Family Fun Day The Cayman Islands Cadet Corp invites all cadets to the showdown ‘Battle of the Platoons’ Cadet Sports and Family Fun Day on Saturday (11 Jul)…
