Cruise Line’s Woes Are Far From Over as Ship Makes Port
By ROBBIE BROWN, KIM SEVERSON and BARRY MEIER New York Times MOBILE, Ala. — Thousands of hungry and unwashed passengers gathered on the decks of the lifeless Triumph cruise ship, singing “Sweet Home Alabama,” waving towels and cheering as the…
Asteroid 2012 DA14 in record-breaking Earth pass
By Jason Palmer Science and technology reporter, BBC News An asteroid as large as an Olympic swimming pool has raced past the Earth at a distance of just 27,700km (17,200mi) – the closest ever predicted for an object of that…
Oscar Pistorius denies Reeva Steenkamp South Africa murder
South African Olympic and Paralympic star Oscar Pistorius has strongly rejected a charge that he murdered his girlfriend, Reeva Steenkamp. Ms Steenkamp, a 29-year-old model, was shot dead at Mr Pistorius’s home near Pretoria on Thursday. Appearing in court in…
Switzerland Signs FATCA Co-operation Pact With US
Tom Burroughes Group Editor in London Wealth Briefing Switzerland and the US have signed an agreement to implement the controversial FATCA tax law to make it easier for financial institutions in the Alpine state to comply with this recent US…
Calmly, Pick for Treasury Offers Replies to Senators
By ANNIE LOWREY Published: February 13, 2013 New York Times WASHINGTON — Jacob J. Lew, President Obama’s nominee for Treasury secretary, faced some fierce questioning on Wednesday from the Senate Finance Committee on his tenure at the bailed-out Citigroup and…
Cayman Islands: Fiction And Fact: The Financial Times And Cayman Islands Hedge Fund Transparency
15 February 2013 Article by Anthony Travers The Financial Times Fact 1. “The Cayman Islands thanks to a light touch some would say no touch-tax and regulation regime”. 1. 80% of Cayman Islands assets under…
Report: Cayman Islands is owed $20M in uncollected debt
GEORGE TOWN, Cayman Islands – The government of the Cayman Islands claims more than $20 million in uncollected debt, the majority for overseas medical expenses. Public documents show the British territory is owed more than $15 million for medical procedures…
Cayman gunrunner pleads guilty in USA
Michael Brandon Leslie, from the Cayman Islands, has agreed to plead guilty in a United States Federal Court to one of seven counts in return for the dismissal of the other six charges. Leslie was one of six defendants charged…
Obama offers faith groups new Birth Control rule
From Newsmax The Obama administration proposed a work-around for religious nonprofits that object to providing health insurance that covers birth control. The government’s new regulation attempts to create a barrier between religious groups and contraception coverage, through insurers or a…
Meet Simon Morris – The man behind the Grand Cayman Mermaid
By: Scott Jones Scuba Diving It’s one of the most popular underwater attractions in the Cayman Islands – the famous Sunset Divers Mermaid sunk just off the shoreline of Sunset House Resort on Grand Cayman. The impressive nine foot bronze…