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Why tax havens persist, and where a rethink could take hold

By Laurent Belsie From Christian Science Monitor What could be $200 billion in tax revenue instead sits in offshore centers, parked there by individuals and corporations, often legally. Some reformers would like to remedy that. One lever: new attention on…

Caribbean hotel profits were suffering pre-hurricanes: CBRE report

From HOTEL BUSINESS ATLANTA—While the fallout for hotels from the recent hurricanes that swept across the Caribbean is far from calculated, the results are expected to only compound existing troubles the industry in the region has been suffering. In newly…

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Caribbean hotel profits suffer in 2016

From Hospitality Net Zika, Exchange Rates and New Supply Impact Performance Atlanta, Ga. — CBRE Hotels Americas Research announced that the average Caribbean hotel in its survey sample suffered a 4.7 percent decrease in gross operating profit (GOP) during 2016, according…

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US: Sen. Lamar Alexander: No bipartisan deal on Obamacare repair

From Newmax Republican Senator Lamar Alexander said on Tuesday that he had failed to reach an agreement with Democrats on a bipartisan effort to stabilize Obamacare insurance markets. In a statement, Alexander said he and Democratic Senator Patty Murray “have…

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WashPost: McConnell fast-tracking stalled US Senate Health Bill to CBO

From Newsmax A new and revised version of the troubled Senate healthcare bill may be shipped off to the Congressional Budget Office (CBO) for review this week,The Washington Post reports. Capitol Hill aides and lobbyists told the newspaper that Senate…

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The Editor Speaks: US Election today

Hurrah all of us say who are not American. For nine months we have heard nothing less and even here in the Cayman Islands I feel as if I have been hit by a sledge hammer. The utterly appalling bias…

RNC Chair Reince Priebus condemns Trump for obscene comments about women in 2005 video

By Rebecca Harrington From Business Insider The chair of the Republican National Committee on Friday issued an extraordinary rebuke of its party’s presidential nominee 31 days before the election, after a 2005 video surfaced of Donald Trump making vulgar comments…

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Caribbean hotel profits continue to grow Cuba and Zika impact performance

Atlanta, Ga. — CBRE Hotels Americas Research announced that the average Caribbean hotel experienced a 10.2 percent increase in gross operating profit (GOP) during 2015, according to its newly released tenth edition of Caribbean Trends® in the Hotel Industry. This…

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Breitbart Chief Bannon joins Trump campaign

From Newsmax Republican presidential nominee Donald Trump, who has slipped in the polls in recent weeks, has shaken up his campaign again. The billionaire real estate mogul is bringing in Stephen Bannon of Breitbart News as chief executive officer —…

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Some reflections on the 2016 Republican National Convention

By Tiberiu Dianu From Caribbean News Now It was rumored that the GOP would not be in a partying mood for Cleveland, Ohio, between July 18 and 21. 1. The Kasich Non-Factor There will be ups and downs at a…