Be patient: An oil-driven spending boom is coming
By Ashley Kindergan From The Financialist When it comes to a love of the open road, the United States stands apart. Americans drive more than motorists anywhere else in the world, according to the World Bank. When the average price…
Venezuela: running out of cash
By Jens Erik Gould From The Financialist The 60 percent decline in crude prices last year threw the finances of every oil-producing country into disarray, but few have felt it more than Venezuela. And no wonder: Oil accounts for 95…
The Editor Speaks: Retirement age to be raised to 65?
Premier Hon. Alden McLaughlin and Deputy Governor Hon. Franz Manderson held a press briefing last Monday (13) and announced they are considering raising the retirement age of civil servants to 65. At present it is 60. It is not certain…
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Cayman Islands finance minister says duty allowance will not be raised Marco Archer, Cayman Islands Minister of Finance, told the Legislative Assembly (LA) there would be no change to the current duty allowance of $350 as the government could not…
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Sharing the Cayman Islands through ‘Made in Cayman’
Grand Cayman, Cayman Islands (17 April 2015) Visitors to the Cayman Islands engage in a variety of activities whilst on vacation by sampling local culture and buying keepsakes that are unique to the destination. This is a daily opportunity to…
Cayman Islands: Sell Consolidated Water
By Stephen Percoco, CFA From Seeking Alpha Summary Cash flow from CWCO’s Caribbean operations funds growth projects in Bali and Mexico. Yet, the company has been unable to renew operating licenses there. This raises the risk that CWCO may become…
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Nathan Proctor: Making Tax Day more fair in Massachusetts
By Nathan Proctor From The Berkshire Eagle Columnists BOSTON >> As I go through the annual chore of submitting my taxes, I can’t help but shake my head at the thought that there are large corporations that don’t pay a…
16 of top 50 European hedge funds donate more than £6.5m to [UK] Tories
By Rajeev Syal The Guardian UK From HITC Business 16 of the top 50 European hedge funds or their executives have donated more than £6.5m to the Conservatives, according to a new analysis of data. All of the firms have…
Connecticut small businesses pay extra $7K in corporate taxes due to loopholes for big biz
By Maggie Gordon From newstimes.com Small businesses in Connecticut pay about $7,000 apiece in additional taxes to make up for lost state revenue due to loopholes allowing big corporations to forego paying taxes on profits earned in other countries, such…
Autism Awareness is spread throughout Cayman Islands
The Special Needs Foundation of Cayman (SNFC) recently celebrated World Autism Awareness Day in an effort to raise awareness of autism spectrum disorder. Around the world, businesses and well-known landmarks ‘lit it up blue’ in April observing Autism Awareness month….
