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Deficit of hope

By D. Markie Spring From Caribbean News Now Despite its many challenges, the Earth is a perfect place! The number one reason for such claim is, the Earth was created by the perfect Being – God, the omnificent, the One…

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UK: Banks told to declare links to Panama Papers law firm by next week

By Jill Treanor, Rowena Mason and Juliette Garside Financial Conduct Authority sets financial firms deadline to check if they have links to Mossack Fonseca Banks and financial firms have been told to hand over any information about their dealings with the…

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Tenfu Cayman : Dubai records spiral growth in tea trade driven by China stimulus

From 4-Traders DUBAI – Sanjeev Dutta, Director of Dubai’s Tea Center in the emirates’ industrial free zone, Dubai Multi Commodities Center (DMCC), said Wednesday that the center’s total tea trade volumes in 2015 reached 41 million kilograms, a 208 percent…

Adventures in tax avoidance: Canada’s deep offshore tax haven connections

From Business Vancouver Much of the activity is legal, but it siphons away billions in tax revenue from government coffers The massive Panama Papers data leak shines a light not only on the dirty money being shuffled through tax havens,…

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Irish company makes history with installation of first-ever hybrid streetlight in Grenada

From Penn Energy Irish company airsynergy’s wind and solar powered off-grid Remote Power Unit (RPU) has become the very first renewable hybrid streetlight to be installed in the Caribbean island country of Grenada. Jim Smyth, CEO of airsynergy said: “We…

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ECLAC predicts Caribbean economies will contract this year

From Jamaica Observer SANTIAGO, Chile (CMC) – The Economic Commission for Latin America and the Caribbean (ECLAC) has revised downward its growth projections for the region’s economic activity, forecasting an average contraction of -0.6 per cent in 2016. ECLAC said…

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UK Prime Minister David Cameron profited from father’s offshore fund

By Lucy Westcott Newsweek From msn British Prime Minister David Cameron has admitted to having a stake in his father’s offshore trust fund after previously denying his involvement. Speaking to the U.K.’s ITV News on Thursday, Cameron said he and his…

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FIFA president linked to earlier bribery scandal in Panama Papers leak

By Ryan Collins From Politico Gianni Infantino ‘dismayed’ his ‘integrity is being doubted.’ FIFA’s new president Gianni Infantino signed off on a contract with two businessmen who have since been accused of bribery, according to a Panama Papers leak. Infantino was the director…

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Transparency International branch president linked to Bahamas companies

By K. Quincy Parker Nassau Guardian Business Editor From Caribbean News Now NASSAU, Bahamas — The fallout from the so-called “Panama Papers” leak continued on Tuesday. The latest casualty with a connection to The Bahamas was the president of the Chilean…

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Florida Bar President admits he was naive about gender bias

By Julie Kay, Daily Business Review Florida Bar President Ramon Abadin invited every male South Florida law firm managing partner to a speech he gave Wednesday about gender bias in the legal profession. Apparently just one showed up, the head of…