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It’s not an accident Westminster’s financial system allows tax avoidance … it’s designed that way

By Ian Bell, The Herald Scotland The more you hear about tax avoidance, the more you pause in wonderment. You might have heard, for example, that Google made £2.5 billion in revenues in Britain in 2011 but paid only £6…

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[Cayman’s] Home Loan’s Goal: Own Low-Risk Assets, Pay Dividend

By Marie Beerens, For Investor’s Business Daily One of the keys to business success is creating win-win situations. Such is the case for Home Loan Servicing Solutions, which was started by key executives of Ocwen Financial a little over a…

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Momentum set for the break-up of big investment banks

By Yap Leng Kuen The Star online The momentum has been set for the break-up of big investment banks. UBS’ top officials have agreed to meet activist shareholder Knight Vinke to discuss demands to hive off its investment bank into…

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Buffett’s Berkshire buys more Wells Fargo, Wal-Mart, Reveals CB&I Stake

From Moneynews Warren Buffett’s Berkshire Hathaway Inc revealed a new investment in Chicago Bridge & Iron Co and said it has added to its largest equity holding, Wells Fargo & Co. The changes were disclosed in a U.S. Securities and…

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Citigroup sees ‘Death Bells’ for Commodities Supercycle in 2013

By Nicholas Larkin, Bloomberg The commodities supercycle is probably ending this year as China’s economic growth slows and the nation focuses less on infrastructure and urbanization, Citigroup Inc. said. This year will probably signal “death bells” for the supercycle, or…

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The victims of Darlington conman Jonathan Price

….. he was unable to get access to his vast funds in an offshore account in the Cayman Islands By Neil Hunter The Northern Echo, UK The victims of Darlington conman Jonathan Price, who was jailed today, were many and…

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HSA’s forensic laboratory receives international accreditation

HSA’s forensic laboratory receives international accreditation The Cayman Islands Health Services Authority (HSA) is pleased to announce their forensic laboratory has recently received international accreditation for its toxicology testing, making Cayman the first English-speaking island in the Caribbean to receive…

Purple Dragon National Karate 2013 Championship

Over 100 compete in Purple Dragon Cayman Islands National Karate 2013 Championships Purple Dragon National Karate 2013 Championship – Cayman Islands The Purple Dragon National Karate 2013 Championships recently took place at the St Ignatious Catholic School. 113 people took…

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Dublin cut tax burden on multinationals after US lobbying

By Jamie Smyth in Dublin and James Fontanella-Khan in Brussels Financial Times Dublin amended its tax code following lobbying by US industry, reducing the tax burden on multinationals that funnel royalty payments to offshore tax havens, the FT has learnt….

7 Fathoms under the Sea:

7 Fathoms under the Sea: Grand Cayman, Cayman Islands By Cacinda Maloney, From pointsandtravel A fathom is 1.8288 meters and is used for measurement, especially measuring the depth of water.  So 7 x 1.8288 is 12.9016 meters under the sea…