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[Cayman Islands,] Gawker, Pots, and Kettles

By Charles C. W. Cooke of National Review Online I sent a few e-mails yesterday inquiring of Gawker’s staff how it felt about working for a company whose Cayman Islands–based finances are, as John Cassidy of The New Yorker put it,…

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Cayman Islands up for awards at WTA Caribbean & The Americas Ceremony in Turks & Caicos

The paradise islands of Turks & Caicos will become the focus of the travel and tourism industry when they host World Travel Awards (WTA), the “Oscars of the travel industry”, on 14th September 2012. WTA’s Caribbean & The Americas Ceremony…

Cayman Islands SFA donate laparoscopic tower to HSA

On Wednesday 22nd Aug Cayman Islands Hospital in George Town received a hundred thousand dollar laparoscopic tower that will enable patients there to undergo minimally invasive surgery. John Douglas, President of the Cayman Islands Seafarers Association (SFA) who presented the…

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Chamber Pension Plan elect new Board Chair

The Chamber Pension Plan Board of Trustees recently welcomed Lynn Roffey as their newly elected Chair, an accounting and finance professional who has 19 years of experience in her field of expertise. As the Financial Controller for Androgroup Ltd and…

Safehaven not a haven as sea captains told to get out now!

The remaining owners of vessels operating still on the Grand Cayman Safehaven site have been issued with an eviction notice from the Cayman Islands Port Authority. The Port Authority says if they do not remove their boats they will face…

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Vekselberg wins Faberge case in the Cayman Islands

Oligarch Viktor Vekselberg has won a legal battle with mining tycoon Brian Gilbertson over ownership of the Faberge Egg Company. But the victory is only symbolic with no compensation awarded. With a private collection worth more than $100 million Russian…

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Caribbean Airlines denies refusing to hire Jamaicans

From Stabroek News General Manager of Caribbean Airlines (CAL), Jamaica Operations, Clive Forbes has dismissed claims that the airline has refused to employ Jamaicans. Forbes said CAL, which operates the Air Jamaica brand, is promoting the best of skills set…

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Proposed stamp duty increase on Caymans’ real estate

The Cayman Islands government’s newest revenue raising measures include a proposal to increase stamp duty on the sale of real estate to 7.5 percent. The current situation means Caymanians and non-Caymanians pay different rates of duty (4 percent and 6…

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Unicredit ‘in US Iran sanctions breach investigation’

Unicredit has confirmed it is co-operating with a US investigation into a possible breach of sanctions. The bank is thought to have broken sanctions against Iran, according to reports by the Financial Times and Reuters, although this has not been…

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What’s Been Found in the Bain Document [Cayman Islands] Dump So Far

Elspeth Reeve Aug 24, 2012 Gawker’s John Cook got 950 pages of documents from Mitt Romney’s Bain Capital holdings in the Cayman Islands, but not being a financial expert, he crowd-sourced their meaning. The Internet hoards — actually, financial reporters —…