Argentina summons US diplomat over ‘default’ comment
From Business Insider Buenos Aires (AFP) – Argentina summoned the acting American ambassador over his comments on its failure to repay debt tied up in a US legal battle, protesting his use of the word “default” and accusing him of…
Bahamas stumped by Cayman Islands
By Brent Stubbs From Tribune24 The youthful and less experienced Bahamas national team didn’t get the start head coach Greg Taylor Jr wanted as the International Cricket Association’s Pepsi Americas Under-19 Division II Championship Tournament kicked off on Thursday (14)….
Grenada optimistic of amicable solution to honour its debts
From Caribbean360 ST. GEORGE’S, Grenada, CMC –The Grenada government says it remains optimistic that an amicable solution will be found as it seeks to honour its debt with national and international creditors in the wake of a recent ruling by…
Why I ripped up $1 million [and I’m known as Cayman]
By Alberto Echegaray Guevara Alberto Echegaray Guevara is a social entrepreneur turned artist, known as Cayman. He is a founding partner and CEO of biotech company Control Micro. What does $1 million represent? Maybe it’s a dream home or comfortable…
US Supreme Court rules in favor of worldwide discovery against foreign sovereigns
From Steptoe & Johnson LLP In Republic of Argentina v. NML Capital Ltd., the US Supreme Court held that the Foreign Sovereign Immunities Act (FSIA) does not bar discovery into a foreign sovereign’s assets and allowed a judgment creditor broad,…
Brazil is releasing mutated mosquitoes to fight dengue fever
By Drake Bennett for Bloomberg Businessweek From Mashable If you’re going to Brazil for the World Cup, don’t forget your insect repellent, and maybe one of these. The country has the highest incidence of dengue fever in the world, with…
Pope should redistribute Vatican’s income first
By Greg Richter From Newsmax Conservative radio talk show host Michael Savage says if Pope Francis wants income redistribution he should start with his own Church. On his Friday show, Savage said he would bid $1 million for Michelangelo’s famous…
Argentina Asks Supreme Court to Protect It From ‘Vulture’ Hedge Fund
By Peter Coy From Bloomberg It’s hard to decide which is the less sympathetic party appearing before the U.S. Supreme Court today. Is it Argentina, which has repeatedly defaulted on foreign debt? Or is it a hedge fund controlled by…
Argentina asks Supreme Court to stop ‘catastrophe’
From The Daily Record BUENOS AIRES, Argentina — Argentina filed a long-shot appeal to the U.S. Supreme Court on Tuesday asking the justices in Washington to avert an “economic catastrophe” by overturning lower court rulings that could force the South…
Rihanna and Shakira slammed for promoting lesbianism, smoking
From Caribbean360 A politician is calling for a ban on the music video “Can’t Remember to Forget You” for its “immoral and vulgar content.” BOGOTA, Colombia – A politician in Shakira’s native Colombia has slammed the sultry singer for “promoting…