Cayman: Inflation Rate slowed to 4.1 percent in Q2 2023
Grand Cayman, 14 October 2023 – The Cayman Islands’ 2023 second quarter inflation rate was 4.1 percent. The Consumer Price Index (CPI) for the second quarter was 130.4, with higher price indices recorded in 10 of the 12 divisions. The leading…
Empowering Minority Businesses: A Catalyst for Inclusive Economic Growth
The Outsiders Movement stands at the forefront of mental health advocacy, entrepreneurship, relationship building, and promoting a self-love lifestyle through their social club, and community events in support of one another. They work to help others to embrace uniqueness and…
IMF MD Georgieva Presser
IMF Countries are stepping up with finances for the most vulnerable of the world, IMF Managing Director Kristalina Georgieva said Thursday (Oct. 12) in Marrakech, Morocco. Thousands of journalists, policymakers, bankers and civil society organizations are gathered there for the…
Reynard Loki: ‘Sacrifice Zones’: The New ‘Jim Crow’ That’s Sickening and Killing People of Color
BY Reynard Loki SOURCE: Independent Media Institute This article was produced by Earth | Food | Life, a project of the Independent Media Institute. AUTHOR BIO: Reynard Loki is a co-founder of the Observatory, where he is the environment and animal rights editor. He is also a…
CICBD Praised for Small Business Expo
The Cayman Islands Centre for Business Development (CICBD), in the Ministry of Investment, Innovation and Social Development, has been praised for the successful staging of its inaugural Small Business Expo, which was held at the Marriott Resort last Thursday. The…
‘Remarkable’ US Markets surf crosscurrents
AP From Newsmax U.S. stocks have surfed through multiple crosscurrents over the past week — from the blistering spike in Treasury yields to the Middle East shock at the weekend — but they remain on board amid what the International…
Cayman: Minister engages EU Stakeholders on Financial Services and Maritime Matters
Grand Cayman, 10 October 2023 – Minister of Financial Services and Commerce, the Hon. André Ebanks, engaged with key stakeholders in Spain and Greece on separate financial services and commerce initiatives last week. From left, MACI CEO Joel Walton, MACI Business…
IMF Global Financial Stability Report Presser
IMF Bond markets have been roiling in recent weeks, but the IMF doesn’t see that as a systemic threat, said Tobias Adrian, the Fund’s Economic Counselor said at the launch of the Global Financial Stability Report (GFSR) Tuesday (October 10)…
Delay in reinstatement of financial assistance support payments
George Town, Cayman Islands, 6 October 2023 – The Needs Assessment Unit (NAU) sincerely apologises for the unforeseen delay in the reinstatement of September’s financial assistance payments. Initially scheduled for 6 October 2023, the disbursement has been processed but may…
Cayman: RBC Invests with Private Banking Expansion in Camana Bay
Ceremonial Moment: Chris Ronald, RBC’s Head of Caribbean (centre right), prepares to cut the ribbon to mark the official opening of RBC’s new Private Banking Office in Camana Bay. Also pictured from left: Dwight Burrows, Regional Vice President, Private Banking;…
