The ‘End of Tax Havens’ – but will developing countries benefit?
Alex Cobham, Center for Global Development News broke on April 9th of agreement between the UK, France, Germany, Italy and Spain to pilot “multilateral automatic tax information exchange.” In France, President Hollande went further – announcing a draft law aimed…
Margaret Thatcher: Queen leads mourners at funeral
Margaret Thatcher: Queen leads mourners at funeral [tanker blasts its horn as it passed Cayman Brac] Mainly from the BBC The Queen has led mourners in St Paul’s Cathedral at the funeral of Baroness Thatcher, Britain’s longest serving prime minister…
American Airlines passengers still backed up after glitch
From NBC Flight cancellations and delays continued to bedevil American Airlines customers on Wednesday — a day after a major glitch crippled the carrier’s reservation system, leading to the grounding of its fleet for several hours. “These computer system can…
Appleby News from The Lawyer
Appleby receives numerous accolades at Corporate INTL Legal Awards Appleby has been named ‘Insolvency Law — Law Firm of the Year in Bermuda’, ‘Fraud Law — Law Firm of the Year in Bermuda’, ‘Corporate Law — Law Firm of the…
Boston marathon attacks: Police deny arrest
BBC Reports that a suspect has been detained over Monday’s Boston marathon bombings have been denied by US officials. The Associated Press and CNN cited law enforcement officials as saying someone was in custody, but the Boston police department denied…
Applicants wanted for a one-way ticket to Mars
By Melissa Hogenboom, BBC News Want to go to Mars? Dutch organisation Mars One says it will open applications imminently. It would be a one-way trip, and the company hopes to build a community of settlers on the planet. Uncharted…
Siem Amethyst anchor handling tug supply vessel, Norway
From technology.com Siem Amethyst is a large-capacity anchor handling tug supply (AHTS) vessel owned and managed by Siem Offshore, a supply and subsea shipping company headquartered on the Cayman Islands. Delivered in April 2011, Siem Amethyst was the last in…
Major earthquake strikes south-east Iran
Iran has been struck by its most powerful earthquake for more than 50 years, with tremors felt across Pakistan, India and the Middle East. The epicentre of the 7.8-magnitude quake was near the south-eastern city of Khash, close to Pakistan….
Harvard’s Reinhart: Central banks ‘Bending over backwards’ to help debt crises
By John Morgan Governments in Europe and the United States are incapable of reducing their debts, so central banks are stepping forward to reduce the global financial crisis themselves, according to Harvard economist Carmen Reinhart. The disturbing end result, Reinhart…
Three local runners are safe after Boston Marathon tragedy
Three Cayman Islands runners, Derek Larner, Tom Gammage and Beth Florek who participated in Monday’s (15) Boston Marathon are safe and well after the double bomb explosion near the run’s finish line. The three Caymanian runners had already completed the…
