‘1MDB must explain Cayman Islands fund’
From malaysiakini National sovereign wealth fund 1Malaysia Development Bhd (1MDB)’s failure to file its audited accounts for the financial year ending March 2013 with regulators has raised questions over its transparency. Petaling Jaya Utara MP Tony Pua (right) said this…
Elderly nun sentenced over US nuclear site break-in
From BBC Nun guilty of nuclear site break-in An elderly Catholic nun has been sentenced to nearly three years in prison for damage caused while breaking into a US nuclear defence site. Sister Megan Rice, 84, and two other protesters…
bwin.party shares up as US Investment Manager agrees to buy stake from founders
From LSE LONDON (Alliance News) – bwin.party digital entertainment PLC saw its shares rise Tuesday after a US investment manager late Monday said that it has agreed in principle to acquire a stake of about 6.1% in the online gaming…
It’s steady as she goes as M&A rises offshore
By Joanne Harris From Appleby Offshore M&A seems to be returning to steady growth, and as Appleby chair Frances Woo points out, the lack of dramatic movement is a good thing. As our upcoming offshore survey will show, the mood among…
[US] Total state debt tops $5 Trillion
From Newsmax A troubling new report discloses that the total debt facing U.S. state governments now stands at $5.1 trillion — equal to about $16,180 for each state resident. Total debt amounts to one-third of annual gross state product, and…
The Editor Speaks: Smoke
Further to my Editorial on Monday (17) regarding the dump fire and the smoke from it that made me feel nauseous, I received a number of comments this morning in my email inbox, all agreeing with me. One was from…
Global tax standard attracts 42 countries
By Vanessa Houlder From Financial Times The Cayman Islands, Luxembourg and Jersey are among 42 countries that have agreed to pioneer a tax transparency regime in another milestone in the global crackdown on evasion. The Paris-based OECD described the plan…
Port development requires the Caribbean to look outwards
By David Jessop, The View from EUROPE From The Jamaican Gleaner In the last few years, almost every significant Caribbean country has announced that they are upgrading their port facilities and preparing to compete to attract the larger post-panamax vessels…
St Vincent diplomat recalled for offering to help source US ‘Green Cards’
From Caribbean360 KINGSTOWN, St. Vincent, Saturday February 15, 2014, CMC – Former St. Vincent and the Grenadines Deputy Consul General in New York, Edson Augustus, was recalled last week because he offered to help Vincentians in that city to obtain…
CUC announces declaration of dividend on Class A Ordinary Shares
CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE. Grand Cayman, Cayman Islands- Caribbean Utilities Company, Ltd. (TSX:CUP.U) (“CUC” or “the Company”) announced today that the Board of…
