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Trinidad and Tobago Prime Minister proposes energy fund to CARICOM

By Yanique Dawkins From Atlanta BlackStar Prime Minister of Trinidad and Tobago, Kamla Persad-Bissessar, has proposed a Caribbean Energy Thematic Fund for CARICOM member states, to address regional energy security. Speaking at the first Caribbean Energy Security Summit, which took…

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Maples Fund Services hires New York based Senior Vice President focused on client solutions

Maples Fund Services recently hired Greg Wildes, Senior Vice President – Client Solutions and Relationship Management, to focus on delivering innovative client solutions to new and existing clients. Based in New York, Greg will be responsible for managing client relationships…

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This chart shows how much money you should spend on a home

By Sarah Schmalbruch From Business Insider There’s no fun in buying a big, expensive house (or apartment) if you can’t really afford it. Yes, you should make sure you like the house you’re buying, since you should be planning on…

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Cayman Islands airport closed as plane slides off runway At 12.28 pm on Tuesday, 27 January 2015, a chartered cargo aircraft, after landing, rolled off the runway towards the north end of Owen Roberts International Airport on Grand Cayman. As…

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CTO, IMF differ on direction of Caribbean tourism

From West Indies News Network St.Kitts and Nevis (WINN): The Caribbean Tourism Organization (CTO) and the International Monetary Fund seem to differ on the direction of Caribbean tourism. In a recent report from the Caribbean Media Corporation (CMC), CTO Chairman…

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S&P’s legal woes aren’t over yet

By Jenna Greene and Scott Flaherty, From The National Law Journal One big settlement, but more claims are pending. If Standard & Poor’s Rating Services were to grade its own legal risk, it might give itself a BB: “Faces major…

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Cayman Islands Premier gives warning of economy overheating Cayman Islands Premier Hon. Alden McLaughlin has warned the economy could overheat if there is too much development all at once. He warned: “We have to be careful in another year or…

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Jingle Bell Walk Run raises $50k

The 12th annual Jingle Bell Walk Run raised over US$50,000 for the Cayman Islands Crisis Centre. The Jingle Bell Walk Run is the Crisis Centre’s main fundraising event of the year and all of the proceeds go directly to fund…

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America is exhibiting a symptom of a dying free-enterprise system

By Tony Sagami, Mauldin Economics From Business Insider “For the first time in 35 years, American business deaths now outnumber business births.” —Jim Clifton, CEO, Gallup Polls I’ve been self-employed since 1998, and let me tell you, the life of…

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A hard landing in China: who feels it worst?

By Jens Erik Gould From The Financialist What’s the greatest risk to the global economy in 2015? Europe’s stuttering economy is a big one. Ever-present geopolitical risk is another. But the possibility of a hard landing in China looms largest….