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Cayman Islands compete in Lego Competition

The “Brainy Bunch,” a First Lego League (FLL) team of six Kilmer Middle School students, won second place overall in the research category last weekend at the FLL World Invitational Open hosted by the University of South Florida and Legoland….

iBusiness iWorld News News

Taxing question because of Cayman Island’s involvement in Guardian Media Group

The decision by Guardian Media Group and Apax Partners, co-owners of Top Right Group (formerly known as Emap), to sell its car data subsidiary CAP for an estimated £175 million raises an interesting question of tax. The reason is that…

iJamaica iWorld News News

Claim says Jamaican crook funded political parties

(AP) — Jamaica’s two main political parties are investigating allegations a Jamaican fraudster gave them millions in 2007. A confiscation order by a Turks and Caicos court claims that convicted fraudster David Smith gave generously to both the Jamaica Labor…

iWorld News News

Left-wing leader rejects Greek austerity pledge

(AP) — The smoldering debate over European austerity flared hotter Tuesday as the left-wing politician trying to form a new Greek government declared that his country is no longer bound by its pledges to impose crippling cutbacks in return for…

iWorld News News

US sends airport security guide to other countries

(AP) — In the wake of a terrorist bomb plot disrupted by the CIA, the U.S. advised some international airports and air carriers Tuesday about security measures for passengers traveling to the U.S. The guidance from the Transportation Security Administration…

iLocal News iScience iWorld News News

“Jumping the Gun on the Wipeout Gene”

Another story on Oxitec’s  “just to see what happens” release of sterile mosquitos in the Cayman Islands This story appeared on the www.greenerideal.com website and reinforces the comments Georgina Wilcox made in iNews Cayman’s article on the same subject. by…

iBusiness iLocal News iWorld News News

Home owners across the nation sue all bank servicers and their offshore havens (including Cayman Islands); Spire Law officially announces filing of Landmark Lawsuit

Largest international money laundering network in history formed during Obama administration; U.S. banks’ theft of home owners’ money laundered through Cayman Islands, Isle of Man and numerous offshore-based affiliates. In a lawsuit alleged to involve the largest money laundering network…

iBusiness iLocal News iWorld News News

Study shows tax evasion crackdown has largely failed

The flow of funds to low-tax jurisdictions has barely changed since 2007, despite significant global efforts to tackle the problem. Deposit data from the Bank of International Settlements (BIS) demonstrates that $2.7trn (£1.7trn) is deposited offshore in spite of unprecedented…

iBusiness iLocal News iWorld News News

Offshore tax havens’ links to crime budget choices

By Robert M. Morgenthau FANS of “American Idol” might be surprised to learn that, if sales figures are any indication, the real music capital of the world may not be America, but Luxembourg. Luxembourg is a tax haven, and Apple…

iWorld News News

Manchester United may lose their Premier League crown to Manchester City

Manchester United led by eight points one month ago, but now trail Manchester City on goal difference with one game left. To win a 20th league title, United need to better City’s result against QPR when they face Sunderland on…