BRICS challenge the US dollar’s status
By Ashish Advani From Moneynews I have often spoken to you about the health of the U.S. dollar and how it is failing. The state of the U.S. fiscal deficit is the prime cause of the ill-health, as the deficits…
Data exchange to combat tax evasion seen affecting Hong Kong private banks
By Toh Han Shih From South China Morning Post A reporting standard devised by the OECD and the G20 aimed at unearthing hidden wealth will challenge institutions in the city, analysts say An upcoming international information exchange system will affect…
LDK Solar Subsidiary signs Module Supply Agreement with Energy Absolute PCL
GEORGE TOWN, Cayman Islands, XINYU CITY, China and SUNNYVALE, Calif., July 7, 2014 /PRNewswire/ — LDK Solar Co., Ltd. in provisional liquidation (“LDK Solar” or the “Company”) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo…
BIS: Central banks warned of ‘false sense of security’
From BBC The Bank for International Settlements (BIS) has warned that ultra-low interest rates have lulled governments and markets “into a false sense of security”. The Basel-based organisation – usually dubbed the “central banks’ central bank” – urged policy makers…
This Android smartphone already ships with dangerous malware preinstalled
By Chris Smith From BGR Android’s malware problem has taken a new twist, as such apps now come bundled with certain phones. Instead of creating apps that can pack hidden, malicious capabilities, some device makers in China are apparently ready…
China spends billions to fund Caribbean ambition
By Han Shih From South China Post China’s ties with the Caribbean have strengthened because of the region’s proximity to the US and major maritime trade routes. Photo: AFP China’s rising interest in the Caribbean is being backed by billions…
Spying in the Caribbean: some thoughts and considerations
From ICT Pulse Following recent revelations of invasive and unauthorised US spying in the Bahamas, we are taking a closer look at the wider Caribbean, and highlighting some of the vulnerabilities and concerns that have been identified. Last month, news…
Chinese hackers widespread, difficult to control
By Sandy Fitzgerald From Moneynews Chinese Internet hackers are widespread and difficult to trace, and even though the government and military have benefited from their expertise, sometimes using hackers has backfired on Beijing, The Wall Street Journal reported. “I think…
Will Jamaica have to choose? USA or China?
By Ronald Mason From Jamaica Gleaner Jamaica, into its 51st year of Independence, continues to have a footprint on world affairs that is significantly magnified. This island of less than three million total population has had a positive history of…
China’s dangerous cyber army has a firm grip on Guyana, the rest of the Caribbean
By Dennis Adonis From Epoch Times The Caricom related nations of Guyana and Jamaica are probably the Caribbean’s leading benefactors of Chinese investments, and arguably the region’s principal users of mostly counterfeit technology out of Beijing. But few would realize…