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ADFD inks loan deal for Caribbean power plant
From Trade Arabia Abu Dhabi Fund for Development (ADFD) has inked a Dh55 million ($15 million) loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the southern Caribbean country. The agreement, between ADFD…
Letter from Brussels: A simmering conflict [Cayman Islands on one side]
BY JEREMY WOOLFE From I&PE Conflict continues to simmer over the issue of passport rights for non-EU-domiciled hedge funds across the EU. On one side are global financial reformers while, on the other, are hedge funds, centred on the interests…
Increase in values drives [Cayman Islands] Carlisle Trust
From Irish Independent By Gordon Deegan The property group established by one of Ireland’s largest developers, the late John Byrne, recorded a gain of €7.6m in 2014, new figures show. The Co Kerry native died in October 2013 aged 93,…
US firms brace for Joint Employment Liability
By Marlisse Silver Sweeney and Jan Wolfe, From Corporate Counsel Experts agree: the Department of Labor’s recent reinterpretation of “joint employment” is sure to mean increased liability for employers. In case you missed the news, on Jan. 20 the administrator of…
US Firms see Super Bowl as a Super Bust
By David Ruiz, From The Recorder Seats at Oracle Arena for the Warriors; a luxury suite at AT&T Park to watch local hero Madison Bumgarner or fading star Tim Lincecum; or maybe a dinner at Fleming’s Prime Steakhouse & Wine Bar…
Pay Reporting Proposal could help US Government enforce Equal Pay Laws
By C. Ryan Barber, from The National Law Journal At a White House event Friday honoring the seventh anniversary of the Lilly Ledbetter Fair Pay Act, federal officials laid out a proposal to have private companies include pay data in annual…
Deniers launch Cayman-Island Anti-Renewable Investment Scheme
By ClimateDenierRoundup From Daily Kos James Delingpole has a new column in The Spectator that combines a few recent Denier Roundup topics: losing bets, global warming odds, and disguised promotion of self-interest. In Delingpole’s piece, he drops any pretense of…
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De-risking or destruction? Neither is fair
By Sir Ronald Sanders From Caribbean 360 WASHINGTON, United States, Friday January 29, 2016 – “If there were any scheme designed to destroy the economies of several countries without a military war, then this is such a scheme. It is…
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CDB throws support behind KingstOOn 2016
Recognizing that the creative industries are important for regional economic diversification and employment generation, particularly for youth, the Caribbean Development Bank (CDB) has partnered with the World Bank and the Government of Jamaica to stage KingstOOn 2016. This 2-day Animation…
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Jamaica: PM launches Life and Health Insurance for Athletes
By Denise Dennis From JIS Jamaica has become one of the first developing countries to provide life and health insurance coverage for its national athletes, with the launch of the Jamaica Athletes Insurance Plan by the Prime Minister, the Most…
