iNews Briefs
Update on wounding outside Kelly’s Bar Wounding, West Bay – Man arrested Further to our previous story concerning a stabbing outside Kelly’s Bar on 11th January, 2014 where a 30 year old male was taken to hospital as a result…
Tax Havens: Robbing From the Poor to Give to the Rich?
By David Starr From Daily Kos How legal are tax havens? Ethically-speaking, they are not. In a commentary by Daniel Mitchell published on the Cato Institute website, the author found amusement with President Obama’s hypocrisy, where Secretary of State John…
The Cayman Institute and Branson’s “The Ten Island Renewable Challenge”
The Cayman Institute is an apolitical, privately funded, non profit organization established to consider the long term effects and implications of diverse technological, sociological, economical and cultural issues to the Cayman Islands. Its members work on a voluntary basis and…
Government releases cost of JMC trip
GRAND CAYMAN, Cayman Islands – Government spent about $19,000 to send five representatives to the Overseas Joint Ministerial Council (JMC) in London in November. The Premier Hon. Alden McLaughlin was joined by Financial Services Minister Hon. Wayne Panton, Cabinet Secretary…
US FATCA And Cayman Funds: Entity Classification
By Martin Livingston, Jon Fowler, Tim Frawley and Alasdair Robertson From MAPLES Last Updated: 15 January 2014 On 29 November 2013, the Cayman Islands government signed a Model 1B (i.e. non-reciprocal) intergovernmental agreement with the United States (the “US IGA”)….
Cartoon of the Day
By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…
Belize City Mayor goes public over land dispute in Caribbean Shores
From edition.channel5belize.com A storm has been brewing since last year over a parcel of prime seafront property in the Caribbean Shores Area. Belize City Mayor Darrell Bradley says that the Council has been maintaining the property for over ten years…
CIMA issues important statement of guidance for boards of regulated mutual funds
By John Donohoe, Carne Global Financial Services Limited New recommendations will help fund managers to meet governance expectations of investors. The Cayman Islands Monetary Authority (CIMA) has issued its proposed Statement of Guidance for Regulated Mutual Funds (SOG). CIMA has…
Stock Analyst Sozzi: Sears could disappear by 2017
By Dan Weil From MoneyNews Sears may go out of business by 2017, Brian Sozzi, CEO and chief equity analyst of stock research firm Belus Capital Advisors, concluded after an extremely negative earnings forecast from the retailer Thursday. It predicted…
O2Micro’s Power Source Detection Topology Issued Japanese Patent
GEORGE TOWN, Grand Cayman, Jan 15, 2014 (GLOBE NEWSWIRE via COMTEX) — O2Micro International Limited OIIM +1.31% , a global leader in the design, development and marketing of high-performance integrated circuits and solutions, announced a patent grant for its Power…
