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TD 5 is now Tropical Storm Ernesto and forecast to visit us as a hurricane

Hazard Management says “be prepared” Hazard Management Cayman Islands and the National Weather Service are currently monitoring Tropical Depression number 5 (now TS Ernesto) which is located east of the Windward Islands. TS Ernesto 5 does not pose an immediate…

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CEOs in the firing line

A recent report conducted by management consultancy firm Booz & Company shows companies worldwide have started to appoint new CEOs at a level not seen since before the recession. Of the world’s top 2,500 companies, 14.2 percent had employed new…

Five elite athletes honoured on 2012 Olympic stamps

There is no doubt that Olympic fever is in the air and to celebrate the participating Cayman Islands athletes, the Cayman Islands Postal Service will be releasing five stamps depicting the islands’ elite athletes: Cydonie Mothersill, Ronald Forbes, Kemar Hyman,…

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Man Utd counts on investors behaving like fanatics

By Jeffrey Goldfarb The author is a Reuters Breakingviews columnist. The opinions expressed are his own. “the company’s Cayman Islands home will make keeping official tabs on the board difficult.” Manchester United is counting on investors to behave like soccer…

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Grand Court of the Cayman Islands Issues $2.5 Billion Payment Order Against Maan Al Sanea in Algosaibi Fraud Case

The Grand Court of the Cayman Islands issued an order in favor of Ahmad Hamad Algosaibi & Brothers (AHAB) directing Maan Al Sanea to pay AHAB $2.5 billion. The Order follows an interim ruling, issued last month by the same…

Press Release from the Cayman Islands Real Estate Brokers Association

Dangerous Tax Virus Poised to hit Cayman August 1, 2012 There is a deadly virus coming which has infected most of the other countries in the world. It has actually come to Cayman rather late. The earliest version infected totalitarian…

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Letter to CNS republished here: Open letter to premier

This letter appeared on the CNS website. I make no apologies for posting it here. I congratulate M/s Casey Goff and I sincerely hope the premier reads it but I fear even if he does, it will not mean anything…

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Western Union – Jamaica Independence Celebration Matches

The Western Union – Jamaica Independence celebration matches were excellent, the games brought a lot of enjoyment for the players and the crowd last Sunday at The Annex. The opening game was won by the President’s 11 Masters Team thanks…

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Public Health Update: Cholera Outbreak in Cuba

Medical Officer of Health, Dr Kiran Kumar has issued an update on the Cholera situation in Cuba. As at 13 July 2012, Cuba has 137 confirmed cholera cases and approximately 1000 patients have received medical attention in that country.  As…

Bush whacks Governor, Aud. Gen, PPM and Media as he (eventually) outlines his income tax for expats

It’s now official. And if you are an expat and earning above $36,000, you will be privy to losing 10% of your income. What is worse for you is that this tax will likely include bonuses and other compensation as…