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Tax havens let billions vanish into thin air

By David Cay Johnston From Sacramento Bee As you work on your state income tax return, give some thought to how much extra state income tax you must pay to make up for very wealthy California residents and multinational corporations…

Caribbean opportunities presented at China Trade Fair

Caribbean Chairman Martyn Bould presents Caribbean Opportunities & RLB’s Services at China Beijing International Fair For Trade In Services (“Ciftis”) Beijing, China 28th May To 1st June 2001 With the growing Chinese investment in the Caribbean region coupled with RLB’s…

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Cayman Finance statement regarding Michael Froman offshore investment issue

Recent media reports have focused on the fact Mr. Michael Froman, President Barack Obama’s pick for U.S. trade representative, has invested via Cayman Islands funds. The focus of these various reports, which seems to cast a shadow over what is…

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Electricity to cost even more!!

The Board of the Electricity Regulatory Authority (ERA) has approved a CUC Rate Base increase of 1.8% effective June 1, 2013. On April 2, 2013, CUC submitted an application to the ERA to review and approve a 1.8% Rate Base…

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Sarah Palin: ‘America … so screwed’ with Rice, Power picks

By Bill Hoffmann, Newsmax Sarah Palin on Thursday issued a blistering attack on President Barack Obama’s appointments of Susan Rice and Samantha Power as top national-security and foreign-policy advisers, lamenting, “America, we are so screwed.” “We’re in for a helluva…

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Severed deer head left on Tesco shop till

BBC Tesco in Saffron Walden Tesco has apologised for any distress caused to the store’s customers The severed head of a deer was left on a self-service supermarket checkout, prompting a police investigation. The innards of the animal were found…

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Provisional liquidators appointed for Ambow

Ambow Education Holding Ltd. (“Ambow”) Shareholder comments on Grand Cayman Court Order appointing Provisional Liquidators By GL Asia Mauritius II Cayman Ltd. Published: Monday, Jun. 10, 2013 – 1:33 pm GRAND CAYMAN, Cayman Islands, June 10, 2013 — /PRNewswire/ —…

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Atlantic Building Consultants Ltd and BCQS International form strategic alliance

Grand Cayman – It is with great pleasure that Atlantic Building Consultants Ltd, (ABC Ltd) and BCQS International announces their strategic alliance. The core business of both companies comprises Project Management, Quantity Surveying, Development Management and Property Development Consultancy, whilst…

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BBX Capital Corporation Announces $44 Million Catalfumo Settlement

FORT LAUDERDALE, FL–(Marketwired – June 10, 2013) –  BBX Capital Corporation (“BBX Capital” and/or the “Company”) (NYSE: BBX), formerly BankAtlantic Bancorp, Inc., announced today that it has settled its protracted litigation arising out of the Company’s lending relationship with Daniel…

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Tax fairness lies at the heart of fighting poverty and hunger

By Stella Dawson From Trust.org Illicit finance once was a shadowy term, understood by few and ignored by many. No longer. The idea that depositing money on a tropical island in a secret bank account to avoid taxes is an…