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Islamic finance continues to grow in the British Virgin Islands

By Ian Montgomery and Hamish Masson From Harneys The British Virgin Islands (BVI) remain the most popular interna- tional financial center for incorporating companies due to it be- ing tax-neutral and politically stable with a flexible legal system based on…

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Deal Reached on Iran Nuclear Program; Limits on Fuel Would Lessen With Time

By Michael R. Gordon and David E. Sanger VIENNA — Iran and a group of six nations led by the United States reached a historic accord on Tuesday to significantly limit Tehran’s nuclear ability for more than a decade in…

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Priest: Israel ‘Only Safe Place’ for Christians in Middle East

From Newsmax A Greek Orthodox priest told a United Nations panel about the horrifying plight of Christians in the Middle East and said Israel is the only place in the region where Christians can live in safety. “The earth of…

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Caribbean Muslims And Isis

By Bert Wilkinson From the AmNews Islamic leadership groups in Trinidad are to meet this week to discuss and assess reports that dozens of local Muslim activists have left the prosperous twin-island republic with Tobago for the Middle East to…

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There is an energy revolution under way which has implications for the Caribbean

By David Jessop From Stabroek news No one should be in any doubt: the world’s energy balance is changing rapidly with profound political and economic consequences for the way every country and region will in future relate to one another….

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Immigration surges from Muslim-majority countries

By Thomas Lifson I guess because it has worked out so well for European countries (see Rotherham), the United States is welcoming more and more immigrants from Muslim-majority nations. A new report form the Center for Immigration Studies reveals (via…

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Business confidence growing in the Caribbean—ACCA/IMA

From Guardian Media Business confidence in the Caribbean grew in the second quarter, according to the largest regular economic survey of finance professionals around the world. The latest findings of the Global Economic Conditions Survey organised by the Association of…

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Qatar’s purchase of billions of US weaponry — and support for Hamas — shows how awkward foreign policy can be

By Armin Rosen From Business Insider Qatar recently cemented an enormous weapons deal with the United States. But this week, the tiny, resource-rich Gulf kingdom with outsized geopolitical ambitions — and a seemingly bottomless pocketbook — might be setting itself…

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Pope says he supports ‘State of Palestine’

By Brian Ries From Mashable Pope Francis called for peace in the “increasingly unacceptable” Israeli-Palestinian conflict on Sunday in a speech at the palace of Palestinian President Mahmoud Abbas in Bethlehem. In his speech, which came hours before the Pope…

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Islamic Finance: From the Cayman Islands to the Middle East and beyond

By Louise Groom and Joanna Hossack From Harneys The use of off shore companies in Islamic finance is driven by many of the same factors as in conventional banking, as tax efficiency, bankruptcy-remoteness and privacy are considerations common to most…