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New governor sits down with press

Helen Kilpatrick, Cayman Islands governor-designate, found time to meet some of Cayman’s media on Saturday (20) before leaving back to the United Kingdom (UK) after her brief visit here. She arrived Thursday evening on a familiarisation visit. The burning question…

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Six crazy ideas for saving Detroit – #2 Tax shelter like Cayman Islands

By Lydia DePillis, Timothy B. Lee, and Dylan Matthews From Washington Post Detroit’s bankruptcy filing is designed to solve the city’s short-term financial crisis and give city leaders a bit of fiscal breathing room. But the city’s long-term prospects still…

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Sandals Foundation mobilizes for Mandela Day

From Bahama Islandsinfo NASSAU, Bahamas — The Sandals Foundation commemorated the globally-recognized Mandela Day yesterday by partnering with the College of the Bahamas (COB) and the Lyford Cay Foundation’s education enrichment programme, FOCUS, to plant a tree at the college…

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Land donated to NT and will see “Shooting Stars”

Sisters, Shirley, Barbara, Louise, and Carol Herrman have given a second gift of land on Cayman Brac to The National Trust. The donation of 8.6acres of land is in memory of the late Dr. Roy Herrman and Estelle Herrman. The…

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Fitch affirms Signum Finance Cayman on positive mortality experience

by ARTEMIS Fitch Ratings has again affirmed the rating of Signum Finance Cayman Ltd. Series 2010-09, a mortality linked life insurance securitization transaction. The ratings agency cited the positive mortality experience, which remains below 100% of the actual-to-expected figure and…

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iNews Cayman columnist’s new thriller – Killers Dot Com

“Killers dot com” introduces police detective Tom Hamilton, an ordinary copper until some sixth sense takes over his life. He sees crimes as they happen whether he wants to or not. The more extreme the crime, the more vivid his…

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Moses takes over whilst Premier is away

Cayman Islands Premier, Hon. Alden McLaughlin, will be away from the Cayman Islands from 21-31 July 2013. Mr McLaughlin will attend the university graduation of his son, Daegan, on 23 July and then will take some vacation time in the…

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Rae Wallace announces Debt Settlement Agreements at $0.10 per common share

TORONTO, ONTARIO, Jul 19, 2013 (Menafn – Marketwired via COMTEX) –Rae-Wallace Mining Company (“Rae-Wallace” or the “Corporation”)(pinksheets: RAEW) announces that it entered into debt settlement agreements to settle trade payables for the aggregate settlement amount of 92,872, through the issuance…

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Should Religious Beliefs Shape Public Policy?

by Crystal Shepeard, From Care2   Since late April of this year, a group of civic minded citizens have shown up every Monday at the North Carolina general assembly. This inter-generational, multi-ethnic group gathers to protest a legislative agenda they…

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Investment group sues US over Fannie, Freddie bailout terms

From Money News Perry Capital LLC, an investment manager, on Sunday July 7th sued the U.S. Treasury in federal court in Washington to challenge the 2012 changes of the bailout terms set for government-owned mortgage firms Fannie Mae and Freddie…