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ECLAC: Recovery of Growth in Latin America and the Caribbean depends on invigorating public and private investment

The UN organization presented today its 2016 annual economic report, in which it forecasts that the region will contract -0.8% this year. Latin American and Caribbean countries will show a -0.8% contraction in their growth rate in 2016, marking a…

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This doctor was so frustrated trying to find freelance work, he founded a company to make it easier

By Avery Hartmans From Business Insider When Alexi Nazem first tried to find freelance work as a physician — otherwise known as locum tenens jobs — he didn’t realize he was signing up for nearly a year-long process. “I’ve done…

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Cayman Islands: The Insurance and Reinsurance Law Review

The Insurance and Reinsurance Law Review From Law Business Research Ltd (Editor Peter Rogan – Fourth Edition) CAYMAN ISLANDS ………………………….. Tim Frawley and John Dykstra From Maples & Calder   I            INTRODUCTION   The insurance market in the Cayman Islands…

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Litigation funders hit with sanctions in $180 million case v. Cigna

By Alison Frankel From Reuters (Reuters) – Litigation funding is an opaque industry. Sure, extremely large funds like Burford Capital, Bentham IMF and Gerchen Keller put out occasional press releases to announce new capital or quarterly results. Once in a…

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Cayman Islands enhances role as premier global financial hub with innovative new LLC law

Mr Jude Scott, CEO of Cayman Finance said the Cayman Islands financial services industry welcomed the Cayman Islands limited liability company (LLC) regime which became operational, following the 8 July publication of the Limited Liability Companies Law, 2016 (Commencement) Order…

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Cayman Islands’ Passport2Success Graduates its 20th cohort

Grand Cayman, Cayman Islands – Seventeen young men and women celebrated their success in the Passport2Success programme at a graduation ceremony last week. The event was a culmination of 12 weeks of classes, internships, site visits, community service, guest speakers…

Why Bitcoin can’t help the poorest – yet

By John Biggs From techrunch The term “financial inclusion” is a new buzzword in the fintech space. With the rise of services like Abra and MPesa, we are convinced that bitcoin is the solution to the problems of the unbanked. With…

Tesla parts ways with chipmaker behind its Autopilot system

By Andrew Dalton From engadget In the wake of a fatal Tesla Model S Autopilot accident in Florida, the all-electric automaker has announced it is parting ways with Mobileye, the company behind the image recognition hardware that powers the semi-autonomous system….

Turkey’s oil and gas sector is going to be hard hit by the failed coup

By Joseph Dutton, The Conversation From Business Insider The Turkish military’s attempted coup to topple president Recep Tayyip Erdogan didn’t last long. The government restored control the following day and soon declared a three-month state of emergency, with more than 60,000…

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Brexit is tragic, but the UK’s tech ecosystem is open for business

By Matt Clifford From techcrunch Almost no one in the UK tech ecosystem wanted Brexit. Most of us are worried about the impact on our country and the continent – but one group that’s well positioned to thrive is the UK’s…