Shoring up the budget
By Zsolt Balla, BBJ A noteworthy initiative with a few blunders in its executive phase, or yet another hotbed of state-approved corruption? These are the two radically different opinions of the Hungarian scheme offering a permanent residence permit for €250,000….
Appleby acquires Caledonian Isle Of Man operation
Appleby, one of the world’s largest providers of legal and fiduciary services, has acquired Caledonian Trust (IOM) Limited and Caledonian Fund Services (Europe) Limited as part of the group’s ongoing strategy to grow its fiduciary and administration business. Announcing the…
Bolt ready to run his best again at Rome meet
From The Garden Island ROME (AP) — Usain Bolt is looking forward to performing at his best again after being slowed by a hamstring injury a month ago. The 100-meter world record-holder makes his European debut this season at Thursday’s…
Tornado scientist Tim Samaras and Team Killed in Friday’s El Reno, OK Tornado
By: Dr. Jeff Masters, Weather Underground, June 02, 2013 Veteran tornado scientist Tim Samaras, his son, environmental photographer Paul Samaras, 24, and meteorologist Carl Young, 45, died while chasing Friday’s EF-3 tornado in El Reno, Oklahoma. The tornado killed at…
Throat cancer ’caused by oral sex’ says Michael Douglas
BBC Hollywood actor Michael Douglas says oral sex caused his throat cancer. He made the revelation to The Guardian newspaper, three years after he was diagnosed with the disease. When asked whether he now regretted his years of smoking and…
Thousands flee as central Europe flood waters rise
BBC Thousands of people have fled their homes across central Europe as deadly flood waters continue to rise. Emergency operations are under way in Austria, Germany and the Czech Republic to cope with river levels which have reached record heights…
Dehui poultry plant fire: Locked exits ‘blocked escape’
BBC A fire at a poultry processing plant in China has killed at least 119 people, officials say. The fire broke out at a slaughterhouse in Dehui in Jilin province early on Monday. Accounts speak of explosions prior to the…
Appleby and STEP Bermuda draw top overseas lawyers for trust litigation seminar
Key speakers from overseas firm Baker & McKenzie and Barristers’ Chambers XXIV Old Buildings to address Bermuda’s trust industry professionals Appleby recently announced that it will co-sponsor a seminar with the Society of Trust and Estate Practitioners Bermuda branch (“STEP…
Cayman Finance welcomes new reinsurer to the Cayman Islands
Cayman Finance welcomes Southport Re, which has migrated from a Class B captive insurer license to its new Class D open-market reinsurer license with a physical presence in the Cayman Islands. “The recent changes to the insurance law increases the…
Washington denies visas to Cuban athletes for Diamond League
From Jamaica Observer HAVANA, Cuba – The Cuban National Athletics Commission announced that the US Interest Section in Havana denied entry visas to Cuban athletes Yipsi Moreno and Yargelis Savigne, who expected to contest the 4th stage of the Eugene…
