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Is the electronic cigarette healthy? Can this be the future of smoking?

From Daily Consumer Alert The use of electronic cigarettes have recently grabbed the attention of countless tobacco users worldwide. Are they really a healthier and cheaper alternative to traditional cigarettes? Creators and product users now say you can enjoy a…

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Celebrities and dive legends drawn to the Cayman Islands again and again

George Town, Grand Cayman, Cayman Islands (July 3, 2013) – Since1957 when the Cayman Islands was recognized as the Caribbean’s birthplace of recreational diving, visitors have flocked here to enjoy the spectacular drop-offs and diverse dive experiences that have made…

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Caribbean airline gets ‘hilarious’ complaint letter that catches eye of Richard Branson

From FoxNews.com “An open letter to LIAT” originally appeared in a newspaper in the British Virgin Islands. (LIAT) A frustrated traveler has penned an airline complaint letter so funny that it caught the eye of Virgin boss Sir Richard Branson…

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A.M. Best revises Outlook to Positive for Island Heritage Insurance Company Limited

OLDWICK, N.J.–(BUSINESS WIRE)–July 02, 2013–  A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Island Heritage Insurance Company Limited…

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Bahamas Minister makes second statement re-crime

Statement by Hon. Philip Brave Davis, Minister of Works and Urban Development Friday, 28 June 2013 08:39 RE: Statement on my comments in respect to Crime My statement to the press appears to have become a hot topic for discussion…

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Caribbean yacht charter brokers act to cut plastic water bottles

by Des Ryan From Sail Word USA ‘Plastic bottles effort in the Caribbean’    . How would you measure up? Do you still take plastic water bottles when sailing instead of depending on your watermaker? The Caribbean based Charter Yacht Brokers…

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Barclays Capital Reiterates “Overweight” Rating for Royal Caribbean Cruises (RCL)

By Trevor Kearing Daily Political Barclays Capital reaffirmed their overweight rating on shares of Royal Caribbean Cruises (NYSE: RCL) in a report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a $40.00 target price on the stock. Royal Caribbean Cruises…

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Cayman Islands: Higgs & Johnson successful in RAPAA Application

by Heather L. Thompson, Higgs & Johnson, Cayman Islands In 2012, Higgs & Johnson advised you of the introduction of the Rule Against Perpetuities (Abolition) Act, 2011 (the “RAPAA”) which governs dispositions in trusts (whether created before or after the…

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CIAA has a facelift

The Cayman Islands Airports Authority (CIAA) board of directors has had a facelift. Former Cayman Islands Fire Service chief, Kirkland Nixon, will be the new chairman of the CIAA board. Mr. Nixon was a previous member of both the airports…

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Fitch affirms Vale S.A.’s Credit Ratings at ‘BBB+’

CHICAGO–(BUSINESS WIRE)–July 02, 2013– Fitch Ratings has affirmed Vale S.A.’s (Vale) ratings as follows: –Foreign currency (FC) and local currency (LC) Issuer Default Rating (IDR) at ‘BBB+’; –Unsecured debt at ‘BBB+’; –National Scale Rating at ‘AAA (bra)’; –Unsecured Brazilian real…