Bermuda responds to Ed Miliband plan on tax avoidance
From BBC Bermuda has one of the world’s most prosperous economies thanks to the flourishing offshore finance industry Bermuda has said it is “surprised and disappointed” to be included on a list of places Ed Miliband says Labour would target…
Bermuda insurer could crimp Dewey defense costs
By Christine Simmons, From New York Law Journal The ex-leaders of Dewey & LeBoeuf facing criminal trial have momentarily turned their attention away from prosecutors in New York and are attacking an insurance carrier in Bermuda who threatened to pull…
The Banker names Butterfield “Bank of Year”
From Bernews On Friday, 28 November, international banking industry publication, The Banker, named The Bank of N.T. Butterfield & Son Limited and Butterfield Bank [Cayman] Limited the recipients of its Bank of the Year 2014 Awards in Bermuda and the…
5 islands where cruise ships won’t cramp your style [and Cayman Brac & Little Cayman make list Smaller Islands No Ships]
By David Swanson From Miami Herald On my first trip to Tortola almost two decades ago, I was struck by how the British Virgin island’s northern coastline was ribboned with tranquil coves of plush white sand. Some of the beaches…
Line Crews assist with restoration efforts in Bermuda
Five linemen from Caribbean Utilities Company, Ltd. (CUC) are currently in Bermuda providing assistance to the Bermuda Electric Light Company (BELCO), following the aftermath of Hurricane Gonzalo, which affected that island on Friday, October 17, 2014. The Category 2 hurricane…
Bermuda still recovering from Tropical Storm Fay awaits powerful Hurricane Gonzalo
By Ivan Clifford From Caribbean360 BRIDGETOWN, Barbados, Wednesday October 15, 2014, CMC – Bermudians were awaiting the passage of Hurricane Gonzalo on Wednesday even as they were continuing to clean up after the damage caused by Tropical Storm Fay over…
Cayman conference calls for update to trust law
From IFC Review The Cayman Islands urgently needs to update and innovate its trust law to maintain its international competitiveness, according to speakers at the Mourant Ozannes International Trusts and Private Client Conference, reports Compass Cayman. Morven McMillan, partner at…
Regulating the Caribbean
By Christopher Famous From Caribbean News Now Bermudians have been repeatedly told that the imposition of term limits is the primary reason for the weak economy and decline in a standard of living. As if repeating this over and over…
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iNews Briefs
Cayman minister says no more duty cuts on fuel Marco Archer, Cayman Islands Minister of Finance, said last Friday (12) in the Legislative Assembly government could not afford to reduce the duty on fuel any further than the cuts in…
Cayman Islands Weststar TV sold to Logic (WestTel/KeyTech)
By Raymond Hainey From The Royal Gazette KeyTech buys Cayman TV firm Telecoms firm KeyTech has bought a TV firm in Cayman — and sold off BTC for $30 million. KeyTech’s subsidiary WestTel Ltd (Logic Cayman) has bought up British…
