WSJ’s Schectman: North Korean gold found its way into US companies’ supply chains
By John Morgan From Moneynews Some of the nation’s flagship brands are being marred by their suppliers’ use of banned North Korean gold. Dozens of companies have disclosed recently that their suppliers used gold refined by North Korea’s central bank,…
Mixed WI feelings over Maya Angelou acclaim
From Trinidad Express Thanks to two events happening at the same time, the contribution of Trinidad and Tobago and the Caribbean to US life and culture enjoyed a brief but timely recall. The May 28 death of literary superstar Maya…
US says Caribbean children facing deportation to be given legal counsel
From Jamaica Observer WASHINGTON, (CMC) — The United States says it will be starting a programme to provide lawyers for Caribbean and other children facing deportation. Under the plan, the US federal government will issue $2 million in grants to…
Barbados downgraded three notches by Moody’s to B3 with negative outlook
By Keith Collister From Caribbean360 KINGSTON, Jamaica, Wednesday June 4, 2014 – Yesterday, the world’s second largest global credit rating agency, Moody’s, downgraded Barbados three rating notches to B3 from Ba3. Moody’s attaches numerical modifiers to each generic rating classification,…
Importing food is damaging the Caribbean: Why no action?
By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Thursday June 5, 2014 – It is shameful that golden opportunities to produce more food in the Caribbean and significantly reduce the astronomically high annual food import bill of US$4.75 billion are…
Trinidad central bank seeks to assure policyholders ahead of CLICO sale
From Caribbean360 PORT-OF-SPAIN, Trinidad, MC – The Central Bank of Trinidad and Tobago is seeking to assure policyholders that the terms of conditions of their policies “have not changed at all” and that the plan for the resolution of the…
Setting up a Cayman Islands Investment Manager
By David Lloyd, Founder & MD, Independent Fund Director The Securities Investment Business Law (“SIBL”) regulates entities incorporated or operating in the Cayman Islands. Almost all managers to investment funds formed in the Cayman Islands are exempt from obtaining a…
High Energy costs stifling Caribbean competitiveness
By Kiana Wilburg From KNEWS “We are very good at analysis; but we need to become excellent at practice. We know what needs to be done; and we just need to do it,”- CDB President Dr. William Warren Smith Unlocking…
Cayman Islands – uniquely positioned for growth
Article by Gonzales Jalles From Cayman Finance REPORT SUMMARY International recognition Unique benefits Conclusion The Cayman Islands has demonstrated a commitment to transparency and embraced international initiatives like no other international financial centre. One of the key first steps in…
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…
