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Carnival Cruise Lines suddenly cancels handful of 2013 Europe sailings

Carnival Cruise Lines suddenly cancels handful of 2013 Europe sailings Increases visits to Grand Cayman Months after announcing an ambitious European expansion, Carnival Cruise Lines has suddenly cut five sailings from Carnival Legend’s autumn 2013 schedule. 

In what a Carnival…

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Celebrate the Holiday Season with Camana Bay

Camana Bay, Grand Cayman (16 November 2012): When the holidays roll around, families know they can look forward to a host of seasonal events and activities at Camana Bay. From an annual tree lighting celebration, special appearances by Father Christmas…

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Home Loan Servicing Solutions, Ltd. increases dividend; Earnings Guidance is up

GEORGETOWN, Grand Cayman, Nov. 15, 2012 (GLOBE NEWSWIRE) –Home Loan Servicing Solutions, Ltd.TM (“HLSS” or the “Company”) (Nasdaq:HLSS) announced that today its Board of Directors increased the dividend for the months of November and December 2012 by $0.01 to $0.12…

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Bank of Scotland machine gives out extra cash in Rutherglen

Dozens of people have been queuing to withdraw money after a bank machine began dispensing extra cash. Strathclyde Police said they were alerted to the incident at the Bank of Scotland, on Stonelaw Road in Rutherglen, around Saturday lunchtime. Officers…

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Eurozone falls back into recession

The eurozone has returned to recession as the region’s debt crisis continues to hurt demand, figures show. The economy of the 17-nation bloc contracted by 0.1% between July and September, after shrinking 0.2% in the previous three months, Eurostat said….

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Cayman Islands: English Court approves payment for votes in favour of a financial reorganisation

APPLEBY Article by Jeremy Snead 15 November 2012 In the past ten years 105,290 companies have been registered in the Cayman Islands. However, in that same period, the total number of companies on the Cayman Islands Corporate Register has only…

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IMF reforms not fast enough

The Jamaican Parliament’s Public Administration and Appropriations Committee (PAAC) has expressed its frustration at the slow pace of public sector transformation. Chair of the PAAC, Edmund Bartlett said neither the Cabinet Office nor the Public Sector Monitoring Unit (PSTU) could…

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BP gets record US criminal fine over Deepwater disaster

BP has received the biggest criminal fine in US history as part of a $4.5bn (£2.8bn) settlement related to the fatal 2010 Deepwater Horizon disaster. Two BP workers have been indicted on manslaughter charges and an ex-manager charged with misleading…

Government Proposes a Modern Waste Management Centre: EIA confirms draft TOR

The proposal for a comprehensive Waste Management Facility (WMF) in Grand Cayman continues to move through the appropriate technical review process, confirmed Hon. Mark Scotland, Minister for Health, Environment, Youth, Sports and Culture. The waste management centre seeks to incorporate…

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PNG investigator claims Australia ‘Cayman Islands’ of Pacific money-laundering

Pacific Scoop: Report – By Cassandra Mason Papua New Guinea’s new government has given the Task Force Sweep team the freedom to investigate, prosecute and charge anyone they believe to have benefitted from corruption and its proceeds. The plan is…