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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…

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‘Immoral Google cheated taxpayers out of millions’

By Tom Kelly From iol scitech London – A former Google executive on Sunday accused the company of cheating taxpayers out of hundreds of millions of pounds with an “immoral” tax avoidance scheme. Barney Jones, 34, described how profits on…

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BGF names 12-member team for junior golf championships

The Freeport News Grand Bahamas A 12-member team was selected by the Bahamas Golf Federation (BGF) to represent the country at the upcoming Caribbean Amateur Junior Golf Championships. The official names were released by BGF President James Gomez who believes…

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New chief executive to join Hawksford in 2014

From businesslife.co Maxine Rawlins, a partner at Ernst & Young, will take on the role of chief executive of Hawksford, in 2014 when the incumbent chief executive, Peter Murley, retires. A partner at Ernst & Young in Jersey, Mrs Rawlins…

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Oxfam says EU tax havens hold $12 trillion in offshore wealth

By Rebecca Christie, Bloomberg Business Tax havens under European Union jurisdiction hold 9.5 trillion euros ($12 trillion) in global offshore wealth that translates into $100 billion in lost government revenue each year, according to a study released today by Oxfam…