China: Strike while the iron is hot
By Sir Ronald Sanders From CARIBBEAN360 BRIDGETOWN, Barbados, Friday May 29, 2015 – China’s Premier Li Keqiang, accompanied by over 100 senior Chinese business leaders, visited four South American countries for eight days in May. Along the way, he pledged…
Breaking FIFA PRESIDENT SEPP BLATTER TO RESIGN/ CONCACAF statement
By Tony Manfred From Business Insider FIFA president Sepp Blatter is resigning as president of FIFA amid a growing corruption scandal, he announced on Tuesday at a surprise press conference. “While I have a mandate from the membership of FIFA,…
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iNews Briefs, More & Community Events
Cayman Islands Community Events TUE JUNE 2 Child month Board Games Evening Child Month organisers invite families to enjoy the rescheduled Board Games evening on Tuesday 2 June, at Book Nook, in the Galleria Plaza on West Bay Road, 6.00-…
Cayman Islands utility company initiates annual hurricane drill
From CUC NB: THIS IS OUR ANNUAL HURRICANE DRILL Grand Cayman, Cayman Islands Caribbean Utilities Company, Ltd. (CUC) wishes to advise its customers that its hurricane preparation plan has been initiated in anticipation of the possible effects of Tropical Storm…
Barclays investigates alleged FIFA payments into accounts
From France24 Barclays has launched an internal review into whether its accounts were used for corrupt payments by FIFA officials, a banking source told AFP on Sunday. Standard Chartered has also said it was investigating payments cited in the US…
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Why this weird Indian tax rule is scaring fund managers across the globe
By Henry Jamieson From Seeking Alpha Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Summary Summary 20% tax on book profits. Potential to apply to the…
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FIFA scandal victims? Small clubs, youth teams say they need money that was diverted
By Stephen Wade From Hamilton Spectator RIO DE JANEIRO — The accused in the FIFA scandal are easy to spot: globe-trotting executives charged with diverting millions meant to build the game to their personal accounts. Those who feel victimized aren’t…
Ex-IGP: Cops must probe 2009 dealings of 1MDB
From The Star Online PETALING JAYA: Former IGP Tan Sri Rahim Noor has urged the police’s commercial crime division to start investigations on the 1MDB dealings of September 2009 as these seem questionable. He said 1MDB had signed a joint…
UK FATCA – Alternative reporting regime for UK resident non-domiciled individuals
By Kate Taft from Harneys The British Virgin Islands and the Cayman Islands have entered into agreements with the UK for automatic disclosure of information in respect of interests in financial accounts held by UK residents. Most UK residents are…
Cayman Islands college launches online learning iniative
(GRAND CAYMAN, CAYMAN ISLANDS) – The International College of the Cayman Islands is launching a new online learning initiative to respond to the evolving needs of today’s students and working professionals. The initial classes will begin in July for students…
