Eclac reduces 2013 Latin America, Caribbean growth outlook to 3%
By Graciela Ibanez SANTIAGO, Chile–The United Nations Economic Commission for Latin America and the Caribbean, or Eclac, on Wednesday lowered its 2013 growth outlook for the region to 3%, from a previous estimate of 3.5%. The reduced outlook for 2013…
Maples advises on first UK Export Finance Bond
LATAM Airlines Group (“LATAM”) is the first airline to close a UK Export Finance backed bond. The Cayman Islands office of Maples and Calder advised LATAM in connection with the issuance; the proceeds of which were utilised to finance the…
Blacklisted: France penalise Dominica, T&T for not helping in fraud investigation
From Go-Jamaica BRIDGETOWN, Barbados (CMC): Two Caribbean Community countries Dominica and Trinidad and Tobago have been added to a list of countries blacklisted by France. The two are making plans to get clarification from France on the matter, after learning…
Atlantic Star House building sold for $8.4M
Atlantic Star House, the three-storey building located south of Lawrence Boulevard near the Esterley Tibbetts Highway in the Seven Mile Beach area, has been sold to one of the tenants. Island Heritage Insurance Company has just announced they have bought…
Global crisis impacting heavily on the Caribbean – La Rocque
BY KNEWS | From Kaieteur online Caribbean Community (CARICOM) Secretary General Irwin La Rocque says that the global economic crisis is having a severe impact on the region resulting in stagnation or declining growth rates. Addressing representatives from International Development…
New Board of Directors for Port
The Port Authority of the Cayman Islands has a new Board of Directors. Errol Bush takes up the position of chairman replacing John Henry Ebanks. Deputy Chairman is Gerry Kirkconnell who replaces Carlton Powery. Mr. Kirkconnell also serves as the…
Why the Cayman Islands is more powerful than France
Economics by Mano Singham From Free Thoughts Economist Dean Baker points out that speculation by the big banks and investment houses is the cause of much of our financial woes and that a financial speculation tax would be well worth…
Jenny Davidson presents new intellectual thriller
Looking for the perfect page-turner to read on the beach this summer? Look no further! Join Columbia University English professor and acclaimed author Jenny Davidson at Books & Books, Camana Bay for the Cayman Islands launch of her new intellectual…
Spreadtrum Communications to hold “going private” meeting
From Financial News.co.uk Chinese communications semiconductor maker Spreadtrum Communications Inc (NASDAQ: SPRD) said that it has called an extraordinary general meeting of shareholders to be held on September 4 to consider and vote upon a proposal to approve and authorise…
Consolidated Water Co. Ltd. to host second quarter conference call on Monday,
August 12, 2013 GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS, Aug 05, 2013 (Marketwired via COMTEX) — Consolidated Water Co. Ltd. CWCO -0.49% , which develops and operates seawater desalination plants and water distribution systems in areas of the world where…
