October 1, 2022

What happens when a government has a plan but no policy?

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By Cathal Healy-Singh From Caribbean News Now Answer: It runs into the proverbial wall at top speed. A plan is a schedule of activities, resources and a budget to achieve an objective. A policy is a set of principles and guidelines which establish why and how an intended action ought to take place. We see […]

ECLAC assists Cayman Islands with new national energy policy

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GEORGE TOWN, Cayman Islands — The Economic Commission for Latin America and the Caribbean (ECLAC) subregional headquarters for the Caribbean has played a significant role in the formulation of a new National Energy Policy (NEP) recently completed by the government of the Cayman Islands. A priority goal of the policy is to decrease energy costs […]

How US$700M from 1MDB to PetroSaudi Holdings (Cayman) Ltd became “Dirty” Criminal Money.

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By Matthias Chang – Future Fast-Forward For those who have short memories, I will recap how 1MDB paid out US$700 million to the Jho Low/1MDB crime syndicate. Step 1: On 18th September, 2009 a JV Company called 1MDB-PetroSaudi Ltd, was incorporated in the British Virgin Islands. This was even before the JV agreement was entered […]