Penny Palfrey ends attempt to complete unaided swim from Cuba to Fla.
Endurance swimmer Penny Palfrey, who is 49, ended her attempt early Sunday (1) to become the first woman to swim unaided from Cuba to the Florida Keys, unable to close the gap on the last 26 miles of the 103 miles…
Hedge Funds article in NY Times showcases Cayman’s hedge funds business
Last Sunday (1), under the heading “In Caymans, It’s Simple to Fill a Hedge Fund Board”, an article appeared online at dealbook.nytimes.com saying how over the last decade in the Cayman Islands hedge funds have grown “from a cottage industry…
Michael Jackson’s Bengal tiger ‘Thriller’ dies from lung cancer
Shortly after the third anniversary of Michael Jackson‘s death Tippi Hedren announced on Wednesday that Jackson’s former Bengal tiger named Thriller died from lung cancer. The 13-year-old, 375 pound tiger had been living at Hedren’s big cat sanctuary since May…
The Chinese Want to Replicate Guernsey’s Funds Sector
The Chinese government is so impressed by the way British island Guernsey regulates its hedge funds that it plans to replicate that system for its own funds sector. Investment Europe reported that the Shanghai Municipal Services Office has enlisted Guernsey-based…
SEC Suspends China Medical ADR Trade on Info Accuracy
Trading of China Medical Technologies Inc. (CMEDY) (CMEDY)’s American depositary receipts was suspended by the U.S. Securities and Exchange Commission, which cited questions on the accuracy of the company’s information. The regulator ordered a temporary suspension in the Beijing-based medical…
Economic Prediction For TCI Period June To 31st March 2013
None of the British Overseas Territories in the Caribbean (Anguilla, Bermuda, British Virgin Islands, Cayman Islands or Montserrat) have Value Added Tax (VAT), so why is Turks and Caicos Islands (TCI) being unilaterally singled out for VAT? Cayman Islands (much…
A Breathalyzer of fresh air? Drunk tests now mandatory in all French vehicles
All vehicles travelling on French roads must carry a chemical or electronic Breathalyzer test starting Sunday, under new rules aimed at reducing alcohol-driven accidents. “Alcohol has been the main cause of mortality on roads since 2006,” according to road security…
“Obama: take a look at Delaware,” says Cayman Islands
Nothing about 1209 North Orange Street hints at the secrets inside. It’s a humdrum office building, a low-slung affair with a faded awning and a view of a parking garage. Hardly worth a second glance. If a first one. But…
Cayman Islands flag flies at Eland House
Communities Secretary Eric Pickles raised the flag of the Cayman Islands today outside the Department for Communities and Local Government in Whitehall, London, to mark the national day of the Islands, the first Monday of July, and as part of…
Texas man accused of eating his still alive dog while high on drugs
Last month, a man in Florida, suspected of being high on a synthetic drug, was shot dead while eating the face of another man. On Tuesday (26), KAIT TV reports that a Texas man, believed to be “tripping on drugs,”…
