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College bubble bursts after decades of extravagance

A Commentary by Michael Barone Published by Rasmussen Reports Markets work. But sometimes they take time. That’s the uncomfortable lesson that proprietors of America’s colleges and universities are learning. For many years, market forces didn’t seem to apply to them….

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Dart’s patience has finished

Finally, after seven months of negotiations on the proposed Third Amendment to the National Roads Authority Agreement, Dart Realty (Cayman) Ltd, their patience has grown thin and they have said enough is enough. After Cabinet Minister’s “imminent” pledge that the…

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Board brought down BMC – witness

Isaiah Morewagae, Staff Writer, Mmegionline Former general manager in charge of finance at the Botswana Meat Commission (BMC), Mpho Gabonewe, has said the board is responsible for the crisis engulfing the parastatal. He told the Select Parliamentary Committee investigating BMC…

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Greenlight Increases Apple Investment

IVC POST | Marc Castro Greenlight Capital, David Einhorn’s investment firm, has increased its investment position in Apple Inc. He is quoted to having said that he is waiting for the company’s ‘next blockbuster product’. In a conference call for…

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Investor demand spurs catastrophe bond sales: analysis

Bill Kenealy Business Insurance Strong investor demand will spur creation of catastrophe bonds and special-purpose vehicles throughout this year, SNL Financial L.C. said in a report. Charlottesville, Va.-based SNL said nine new entities registered in Bermuda and the Cayman Islands…

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Kryso Resources plans switch to Hong Kong

By Philip Whiterow, proactiveinvestors UK Gold miner Kryso Resources (LON:KYS) is to set up a new holding company based in the Cayman Islands ahead of a possible switch of listing to Hong Kong from AIM. Existing Kryso shares will be…

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Help prevent burglaries by taking simple security steps say police

Residents, holidaymakers and resort staff are reminded to keep their condos and hotel rooms secure after an attempted break-in at a Seven Mile Beach condo complex. Acting Chief Inspector Ian Yearwood, of George Town police station, states that simple security…

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Critical equipment to bolster maritime security

From Bahama Islands info USNORTHCOM presents The Bahamas Government with over $900,000 in critical equipment to bolster maritime security General Charles Jacoby Jr., Commander, NORAD –USNORTHCOM, U.S. Chargé d’Affaires a.i. John Lowell Armstrong, Minister of National Security, The Hon. Bernard…

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Scotia Bank employee arrested upon return

The Royal Cayman islands Police Service (RCIPS) have confirmed the woman who was wanted by them for questioning in their investigation into the alleged misappropriation of mortgage commitment fees from the Scotia Bank and Trust Cayman Limited has been arrested….

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National Gallery of the Cayman Islands (NGCI) Community Calendar May 3rd – May 20th

NGCI Grand Cayman Thursday 9th May Abstract Painting Location: The National Gallery Education Centre Day: Every Thursday Morning Time: 10:00am – 12:00pm Full term: $170 ($153 members) Single drop-in session (no beginners): $30 ($27 members) National Gallery – 945-8111- [email protected] Thursday…