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Obama commutes sentences of 95 prisoners, pardons 2 others

By Mike Sacks, From The National Law Journal President Barack Obama on Friday commuted sentences for 95 prisoners, more than doubling his total number of commutations since entering office in 2009. The grants are largely for nonviolent drug offenses involving…

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Tax lawyers now suggesting the Caribbean as havens from terror, too

By ZAID JILANI/THE INTERCEPT From Virgin Islands Free Press Caribbean nations have long served as tax havens for the world’s economic elite, with many offering so-called economic citizenship where, for large payments, one can simply buy citizenship in their countries….

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Opposition warns of problems under PetroCaribe

From Antigua Observer CASTRIES, St. Lucia, Dec 19, CMC – The leader of the main opposition United Workers Party (UWP), Allen Chastanet, is warning that plans by the opposition controlled parliament in Venezuela to review the PetroCaribe initiative, could result…

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Cayman Islands releases latest reports from ESO

From Cayman Islands Economics and Statistics Office (ESO) Foreign Investment in Local Financial Assets Reached $119 Billion in 2014 The first ever International Investment Position (IIP) Report for the country was released today. The IIP shows the end-of-year investment of…

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ICC should fix Windies club vs country row: Michael Clarke

AFP from The Times of India Clarke said international cricket must remain the priority for players over participation in T20 tournaments. But Clarke accepts Tests will only remain the pinnacle of the game if authorities find a balance. Anticipated easy…

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Miss Caribbean UK

Antigua & Barbuda Representative Amy Harris-Willock Wins Miss Caribbean UK 2015 From Caribbean Entertainment Magazine December 16, 2015: The Miss Caribbean Queen 2015 pageant was recently held at the prestigious Shaw Theatre on the Euston Road, London. Amy Harris-Willock, who…

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UN predicts slow growth for Latin American, Caribbean in 2016

From teleSUR The economies will have contracted -0.4 percent on average in 2015 and will grow just 0.2 percent next year, affected by a complex external scenario. Latin American and Caribbean economies will face a bleak and complex economic situation…

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Madonna backs Sean Penn in defamation suit against Lee Daniels

By Celia Ampel, From Daily Business Review The Miami attorneys defending “Empire” creator Lee Daniels in a defamation suit filed by actor Sean Penn are not deterred by Madonna’s affidavit swearing the actor never assaulted her. “The fact that Penn…

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Additional OECD CRS self-certifications required

Additional OECD CRS self-certifications required from investors subscribing to Cayman Islands (and other non-U.S.) investment funds on or after January 1, 2016 December 17, 2015 From Schulte Roth & Zabel The Cayman Islands (along with the United Kingdom, Ireland, Jersey,…

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Notorious billionaire pedophile – and ex-bestie of Prince Andrew bound for Caribbean

By Laura Collins for DAILYMAIL.COM EXCLUSIVE PICTURES: Notorious billionaire pedophile – and ex-bestie of Prince Andrew – Jeffrey Epstein hugs and squeezes the bottom of one young blonde and then escapes New York for a Caribbean holiday with another beauty…