The great new era of Bitcoin isn’t happening
By Kim Iskyan, Truewealth Publishing From Business Insider The big new thing isn’t going to replace the boring old thing that’s been around forever. Ever. Market bubbles are often based on “new paradigm” thinking – like a new concept or technology…
IEEFA: Puerto Rico’s proposed electricity turnaround banks largely on hope
From Caribbean Business SAN JUAN – A report by the Institute for Energy Economics and Financial Analysis (IEEFA) says the Puerto Rico Electric Power Authority’s (Prepa) rate increases are unsustainable and that in all likelihood will further damage the commonwealth’s…
Chinese company buys island in Australia’s Great Barrier Reef
From Wn.com The Shanghai-based China Capital Investment Group has bought an island at the heart of the Great Barrier Reef in Queensland, Australia, for about A$25 million ($19.21 million), China Daily reports. The South Molle island in Whitsundays had been…
Cayman Islands police receive generous donation from Cayman heart Fund
From Jacqueline Carpenter, Royal Cayman Islands Police Service (RCIPS) RCIPS’ First Response Life-Saving Capabilities Bolstered by Generous Donation from Cayman Heart Fund Today, 17 August, the RCIPS is delighted to announce that it has received a donation of 20 AEDs (Automated…
4 times that Hollywood got Wall Street wrong
By Alice Gomstyn and Phyllis Furman, The Alert Investor From Business Insider From “It’s a Wonderful Life” to “The Big Short,” Hollywood has long been fascinated with money and Wall Street. But finance and markets can get highly technical, testing…
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Samsung accused of withholding crucial information about deadly chemicals used in its factories
By Chris Smith From BGR Aside from its extremely popular Galaxy devices, Samsung also manufactures a wide range of other products, including many components that go into its own phones and into devices from the competition. Dangerous chemicals are used…
Donahue’s Alix Gets $6.7M contract extension
BY PHILIPE SCHOENE ROURA AND EVA LLORENS VÉLEZ From Caribbean Business SAN JUAN – On the heels of what was described as a rather drawn-out meeting punctuated by several sticking points, the Puerto Rico Electric Authority’s (Prepa) board voted to extend…
Cayman Islands: Mr. Robert Berry appointed FRA Head
Her Excellency the Governor, Ms Helen Kilpatrick, CB, is pleased to announce the appointment of Mr. Robert James Berry as the Director of the Financial Reporting Authority (FRA). Mr. Berry has a long and distinguished career in financial services regulation…
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US Convicted Pa. AG says she’ll resign on Wednesday Pennsylvania’s embattled attorney general said she will step down from her post effective Wednesday afternoon following her conviction earlier this week on charges that she leaked confidential investigative material to a…
Cayman Islands students spend the summer with HSM
The HSM Group opened its doors over the summer to four talented students from the Cayman Islands Education Centre (CIFEC). Dwight Lawrence, Shantell Ritch Anisha Ritch and Victoria Whittaker, joined HSM’s summer internship programme for a unique learning experience. Each…
