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It was a mistake, Putrajaya admits after confusion over 1MDB’s Cayman assets

From Malay Mail Online KUALA LUMPUR — Putrajaya admitted today (May 21) that the US$1.103 billion (S$1.47 billion) redeemed from 1Malaysia Development Berhad’s (1MDB) Cayman Islands account had been mistakenly described as “cash” instead of just assets by the investment…

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Moody’s: Caribbean sovereign credit quality stabilizes, boosted by tourism and low oil prices [Cayman Islands Aa3, stable]

Global Credit Research – 20 May 2015 New York, May 20, 2015 — Regional growth in the Caribbean will accelerate in 2015-16 as a result of the recovering tourism industry and sustained low oil prices, helping the credit quality of…

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Yahoo taps Gibson to go after reporter’s source on tell-all book

By Marisa Kendall, From The Recorder SAN FRANCISCO — Yahoo Inc. took an aggressive and potentially risky step last week when it sued a former employee for allegedly leaking confidential company information to a reporter. The suit, filed by lawyers…

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ILO and Diplomatic Academy of the Caribbean launch new course in labour diplomacy

From Caribbean News Now PORT OF SPAIN, Trinidad — The Diplomatic Academy of the Caribbean, in partnership with the International Labour Organization (ILO), has created a new module in labour diplomacy. It is one of a series of diplomacy courses…

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Delta joins CONCACAF as Official Airline of 2015 Gold Cup

Agreement Names Delta as Tournament’s Official Carrier throughout U.S., Mexico and Latin America Miami (Thursday, May 21, 2015) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) and its commercial partnership agency, Traffic Sports, announced today that…

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Circuit says Facebook posts were properly used as evidence

By Mark Hamblett, From New York Law Journal Introducing a rap video and images of tattoos from a defendant’s Facebook page as evidence in a drug-and-murder gang prosecution did not violate the rights of the accused, a federal appeals court…

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The evolution of the BoP market in Latin America and the Caribbean

By Lina Salazar Ortegón From The Guardian UK An interview with Luiz Ros, manager of opportunities for the majority at the Inter-American Development Bank, on developments in the BoP in these regions over the last decade It has been more…

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iNews Briefs & Community Events

Community Events MAY 21 Humane Society Pub Quiz The Humane Society Pub Quiz is Thursday (21 May) at 7pm at Fidel Murphy’s. John Gray High School Year 11 PTA Meeting John Gray High School Year 11 parents & students are…

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Miami Dolphins Foundation wraps successful 2015 Fins Weekend

From Couth Florida Caribbean News 2015 Fins Weekend Presented By Estrella Insurance MIAMI – The Miami Dolphins Foundation hosted a successful 19th annual Fins Weekend presented by Estrella Insurance. Proceeds from the event weekend, through the educational pillar of Miami…

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iNews Briefs & Community Events

Community Events MAY 20 Grand Court Jurors Notice Grand Court jurors in the current session must report on Wednesday (20 May) at 9:45am. Public Meeting West Bay Leader of the Opposition, McKeeva Bush will host a public meeting on Wednesday,…