US: DoD responding to ‘Catastrophic’ destruction in Caribbean
From US Department of Defense WASHINGTON, Sept. 8, 2017 — The Defense Department is responding to “catastrophic” levels of destruction throughout the Leeward Islands, including the islands of St. Thomas and St. John in the U.S. Virgin Islands, DoD spokesman…
Cruise lines send ships to Caribbean on Hurricane rescue mission
By Christopher Palmeri From Bloomberg Norwegian to scoop up tourists stranded in St. Thomas Royal Caribbean moving at least two vessels to Irma-hit areas Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings Ltd. are sending some of their empty…
US Virgin Islands reports damage from Hurricane Irma
Source: United States Virgin Islands Department of Tourism UNITED STATES VIRGIN ISLANDS (September 8, 2017) – The U.S. Virgin Islands Department of Tourism has advised that full assessment on the impact of Hurricane Irma is underway and while St. Croix…
USVI Governor proclaims Melvin Evans Day
From South Florida Caribbean News ST. THOMAS, U.S. VIRGIN ISLANDS – Governor Kenneth E. Mapp has proclaimed that August 7, 2017, is to be Melvin H. Evans Day in the U.S. Virgin Islands. “I am pleased and proud to join…
Arguments for and against investing in LIAT
By Ken Richards From WINN St Kitts and Nevis (WINN): Barbados Prime Minister Freundel Stuart has pledged his country’s continued commitment to regional airline LIAT. The Barbadian leader has described LIAT as “vital” to the movement of people across the…
Bulletproof 360 recalls Collagen Protein Bars and Bites
By James Limbach From Consumer Affairs Bulletproof 360 of Bellevue, Wash., is recalling five Collagen Protein Bar and Bite products that have the potential to be contaminated with Listeria monocytogenes. No illnesses have been reported to date. The following products are…
Global Coral reef experts launch major restoration efforts in the Caribbean
As part of its Hope for Reefs initiative, the California Academy of Sciences joins forces with SECORE International and The Nature Conservancy to implement large-scale coral restoration AN FRANCISCO–(BUSINESS WIRE)–A powerhouse group of scientists and conservationists are joining forces to…
Arrest warrant issued for litigation funders in $180 million case v. Cigna
By Alison Frankel From Reuters This is not how litigation finance deals are supposed to go. On Friday, U.S. District Judge Paul Diamond of Philadelphia issued a bench warrant for the arrest of Martin Kenney, a lawyer based in the…
Indonesia: Majority of declared and repatriated assets coming from Singapore [not the ‘infamous’ Cayman Islands]
By Ayomi Amindoni From The Jakarta Post Most of the declared and repatriated assets in the first round of the tax amnesty program have come from Singapore, and not from the tax havens, directorate general of taxation data shows. Declared…
One in three foreign investors based in tax havens
By Choi Sung-jin From The Korea Times About 30 percent of foreign companies and individuals investing in Korean capital markets are registered in tax shelters, with stock and bond holdings worth more than 160 trillion won ($144 billion), a lawmaker…