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BBX Capital Corporation Announces $44 Million Catalfumo Settlement

FORT LAUDERDALE, FL–(Marketwired – June 10, 2013) –  BBX Capital Corporation (“BBX Capital” and/or the “Company”) (NYSE: BBX), formerly BankAtlantic Bancorp, Inc., announced today that it has settled its protracted litigation arising out of the Company’s lending relationship with Daniel…

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Tax fairness lies at the heart of fighting poverty and hunger

By Stella Dawson From Trust.org Illicit finance once was a shadowy term, understood by few and ignored by many. No longer. The idea that depositing money on a tropical island in a secret bank account to avoid taxes is an…

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The PRISM Lesson: Beware the IT Guy

By Kevin Roose New York Mag Of all the amazing, Le Carréan details surrounding the case of NSA leaker Edward Snowden, the one that seems to shock the most people is that all of this troubling, top-secret information was available…

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“The Cayman” car to take on rival

New Alpine sports car to take on the Cayman – then the reincarnated French brand will take on the 911 By Nick Jaynes From Digital Trends We reported back in April that the forthcoming Alfa Romeo 4C, which will reintroduce…

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Sino-Caribbean relations: Priorities and tradeoffs

From Stabroek News The visit to the Caribbean earlier this month by Chinese Leader Xi Jinping and the simultaneous announcement that the region would be the beneficiary of yet another huge tranche of financial aid from the People’s Republic of…

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A quiet week in the Tropics is expected – disturbance possible next week

by Rob Lightbown, Crown Weather All is quiet across the Atlantic, Caribbean and Gulf of Mexico with no areas of concern. In fact, this entire week looks quiet with nothing expected to develop. As we get into this coming weekend…

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Europe alarmed by US surveillance

From BBC The EU is demanding assurances that Europeans are not having their rights infringed by a massive US surveillance programme. Justice Commissioner Viviane Reding plans to raise the concerns with US Attorney General Eric Holder on Friday. Last week…

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Chinese group loads up with debt to pay for US foodmaker

By Paul J Davies in Hong Kong and Simon Rabinovitch in Beijing From Financial Times Former factory worker Wan Long is no stranger to complexity when it comes to owning a business. The chairman of Shuanghui International, which is paying…

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Moore Bahamas Foundation awards $50,000 grant to BREEF

From Bahama islands info NASSAU, Bahamas — The Moore Bahamas Foundation, an affiliate of Louis Bacon’s Moore Charitable Foundation,  this week donated  $50,000 to BREEF, the Bahamas Reef Environment Educational Foundation, allowing the non-profit organisation to create a much-needed position…

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Sheepdogs save endangered penguins from extinction

Kara, selected from TreeHugger From Care2 “No foxes have killed penguins in the past seven years.” This is clever. Very clever. Sheepdogs are bred and trained to protect sheep against wolves, but that doesn’t mean that their skills can’t be…